Pinto Horse Association of America Inc

Nonprofit profile at a glance

EIN
237047066
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Bethany, OK, USA
Phone
4054910111
Rating
46
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$3,422,395
Expenses
$3,288,807
Assets
$3,323,522
Liabilities
$24,633

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

46 people listed

Executive titles in this filing

  • Annette Pitcher (President)
  • Kathy J Thomas (President-Elect)
  • Roger Altman (Past President)
  • Jean Andrews (Past President)
  • Mahlon Bauman (Past President)
  • Nancy Bredemeier (Past President)

Highest reported compensation

  • Darrell L Bilke (Exec.VP/COO): $179,539 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve, promote and enhance the Pinto horse, pony, and miniature. To collect, record and preserve Pinto pedigrees and Pinto competition records. To represent the multifaceted world of Pinto ownership, breeding, competition and pleasure. To provide beneficial services that support and encourage Pinto ownership and participation. To educate by providing materials, programs and services that allow Pinto to be a resource organization in the equine industry. To promote the continued growth of the Pinto Horse Association of America through good horsemanship and good sportsmanship.

What it reported doing in 2024

SHOW APPROVAL: Supervision of sanctioned events and record keeping for awards programs and achievement recognition.Number of Shows: 344 Horses: 2,004 Entries: 5,070Classes Judged: 19,932 Entries Judged: 102,609PINTO HORSE NEWSLETTER: Quarterly newsletters distributed to all members without subscription or added cost. Provides news of events and show results. An online magazine has been implemented.YOUTH CONFERENCE: A special program to provide educational programs and activities to youth members relative to raising and breeding Pinto horses.CONVENTION: Provides a venue for all officers and directors to conduct annual organization business. Open to all members and guests. Various classes are provided.JUDGES PROGRAM: Training for judges in standards and judging techniques for the Pinto Horse Breed.

Operating model

Revenue model
Other-operating. 87% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 71
  • Accountability: 95
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.9%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 1.01; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 87; 87th percentile among comparable filings
  • Officer compensation ratio: 5.5%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.3% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 29th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 39 of 39 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $180K · 46 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.