Southern Eventing and Dressage Association
Nonprofit profile at a glance
- EIN
- 510166481
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Folsom, LA, USA
- Phone
- 5044586794
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Animal Training, Behavior
Reported finances
- Revenue
- $133,361
- Expenses
- $119,187
- Assets
- $42,903
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- NATASHA FERNANDEZ (President)
- NICOLE MILLER (Vice President)
People named in this filing
- NATASHA FERNANDEZ (President)
- NICOLE MILLER (Vice President)
- MARILYN KULIFAY (Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Southern Eventing and Dressage Association is an educational and social organization founded to foster an interest in, and understanding of, the equestrian sports of dressage and eventing.
What it reported doing in 2024
Annual awards banquet for recognition of outstanding volunteers and members and to award scholarships to be used for equestrian-related education.
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 99% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.3%; rating input score 85
- Program expense ratio: 95.4%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.6%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 7.6% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 5.5% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 85.3% of revenue deployed · 95.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $114K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- 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 — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Sustainability: Operating margin scored 59/100.