Triangle Wide Horsemans Association
Nonprofit profile at a glance
- EIN
- 562237245
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Apex, NC, USA
- Phone
- 9193679895
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Equestrian
Reported finances
- Revenue
- $64,533
- Expenses
- $64,026
- Assets
- $20,569
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- DANNY JENKINS (PRESIDENT)
People named in this filing
- DANNY JENKINS (PRESIDENT)
- DANA COSTE (VICE PRESIDE)
- DAPHNE EVANS (TREASURER)
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 organizations's mission is to unite all interested persons in the conduct and manner in which horses and riders are exhibited. To adopt, promote, encourage, and enforce the show and contest rules as they appear in the current official by-laws. To support and promote the shows approved by the association.to present as outlined in the current by-laws an annual awards program for exhibitors and horses.
What it reported doing in 2024
Promoted and supported the horse show(s) presented by the organization using the show and contest rules established by the organization. Held the annual awards program to recognize acheivements of exhibitors and horses.
Operating model
- Revenue model
- Earned-program. 86% of the money available for current operations came from fees and other program revenue.
- 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: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.9%; rating input score 98
- Program expense ratio: 98.6%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.8%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 97.9% of revenue deployed · 98.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $63K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.