Pinto Heritage Foundation Inc
Nonprofit profile at a glance
- EIN
- 203968600
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Bethany, OK, USA
- Phone
- 4054910111
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $71,856
- Expenses
- $33,864
- Assets
- $572,279
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Joe Grissom (President)
- Annie DiGiovanni (Vice President)
People named in this filing
- Joe Grissom (President)
- Annie DiGiovanni (Vice President)
- Darrell L Bilke (Secretary-Treas)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Charitable, educational and scientific purposes primarily to establish and maintain a museum and Heritage Center to preserve the history of the Pinto horse, to provide educational materials in all forms to the general public concerning the Pinto horse and to provide scholarship funds to college and university students interested in animal husbandry and related areas of study.
What it reported doing in 2024
YOUTH AND ADULT AMATEUR EDUCATION SCHOLARSHIPS: These include the Orren Mixer Scholarship, Youth/Sandusky Scholarships, Color Breed Scholarship, Rick McMasters Memorial Scholarship, C. Kirkbride Memorial Scholarship, Billie Cousins Youth Scholarship, Chris Theiler Scholarship, Len & Pauline Bilke Memorial Scholarship, Cathryn Jostad Scholarship, John Abrams Memorial Scholarship, Jim Pearson Scholarship, Gerald Milburn Doris Ann Hays Memorial Scholarship, the Pat Walliser Memorial Scholarship, Al's Ranch Scholarship, the Long Ear Scholarship, the Angela Ray Memorial Scholarship, Zone 8 Scholarship, Joe Grissom Scholarship, Woodie Marshall Scholarship, the Jim Havelhurst Scholarship, and the Ron McMillan Scholarship. Facility has been provided for the possible creation of new scholarships in the future as funding becomes available.Recipients are judged on their academic achievement, an essay, and letters of recommendation.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 82% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.6%; rating input score 59
- Program expense ratio: 90.9%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 52.9%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 16.9; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 149% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 8.7% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 10.5% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 58.6% of revenue deployed · 90.9% of spending went to programs
- Governance: 10 of 10 board members independent · 4 of 7 filing controls reported
- Programs: 5 filed program accomplishments · $31K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.