Quarter Horse Exhibitors Association of California
Nonprofit profile at a glance
- EIN
- 611718080
- IRS 990-EZ coverage
- 2017–2020
- Forms available
- Form 990 2018, Form 990-EZ 2020, Form 990-N 2015
- Location
- Marysville, CA, USA
- Phone
- 2096787264
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $190,963
- Expenses
- $184,124
- Assets
- $7,216
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- TERRY SKEVINGTON (President)
People named in this filing
- TERRY SKEVINGTON (President)
- SUE KNERN (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-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
QHEA was formed to help encourage and provide opportunities for owners and exhibitors in the Northern California area to ride, show, and enjoy their American Quarter Horse.
What it reported doing in 2020
The management and implementation of two AQHA, PCQHA, NRHA approved Quarter Horse Shows throughout the year.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.4%; rating input score 96
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.6%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 11.8% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 72.9% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 96.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $184K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2017 to 2020
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.