The Pyramid Society

Nonprofit profile at a glance

EIN
237167276
IRS 990 coverage
2018–2022
Forms available
Form 990 2022
Location
Lexington, KY, USA
Phone
8592310771
Rating confidence
Limited

Reported finances

Revenue
$22,032
Expenses
$22,547
Assets
$267,873
Liabilities
$197,198

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • REBECCA ROGERS (PRESIDENT)
  • CYNTHIA CULBERTSON (VICE PRESIDENT)

People named in this filing

  • REBECCA ROGERS (PRESIDENT)
  • CYNTHIA CULBERTSON (VICE PRESIDENT)
  • KERI WRIGHT (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. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's purpose is the preservation, perpetuation, and promotion of the straight egyptian horse as the premier source of classic arabian type in the world. As a leader of an international community of breeders and owners, the pyramid society strives to unite its members in the breeding of superior quality straight egyptian horses and to encourage the use of their blood as a source of the classic refinement necessary for the arabian breed at large.

What it reported doing in 2022

The organization produces a studbook of straight egyptian arabian horses which is the official source of what is a straight egyptian arabian horse worldwide. To that end certification of a horse as straight egyptian arabian is offered by the society. We also publish the reference handbook of straight egyptian horses which is a distinct historical landmark for straight egyptian breeders worldwide. We also publish the standard of excellence and many other publications to use as tools for education about the straight egyptian breed.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program 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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 54
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2.3%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 11.88; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.74; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -57.2% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -26.4% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2018 to 2022
  • 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.