United States Equestrian Team Foundation Inc

Nonprofit profile at a glance

EIN
221668879
IRS 990 coverage
2010–2025
Forms available
Form 990 2025, Form 990-T 2023
Location
Gladstone, NJ, USA
Phone
9082341251
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports Competitions

Official website

Reported finances

Revenue
$16,335,410
Expenses
$11,347,312
Assets
$44,430,755
Liabilities
$5,135,588

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

52 people listed

Executive titles in this filing

  • KRISTI MITCHEM (PRESIDENT, & CEO)
  • WILLIAM H WEEKS (VICE PRESIDENT)
  • BONNIE B JENKINS (EXECUTIVE DIRECTOR)
  • KARA PINATO SCRO (ASSISTANT EXECUTIVE DIRECTOR)

Highest reported compensation

  • BONNIE B JENKINS (EXECUTIVE DIRECTOR): $374,683 total reported compensation
  • MARK P PIWOWAR (CHIEF FINANCIAL OFFICER): $228,756 total reported compensation
  • LISA MUNRO (DIRECTOR OF DEVELOPMENT): $219,480 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The uset foundation supports the competition, training, coaching, travel & educational needs of america's elite & developing international high performance horses & athletes in partnership with the u.s. Equestrian federation.

What it reported doing in 2025

See schedule o.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 75
  • Accountability: 100
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.9%; rating input score 75
  • Program expense ratio: 85.3%; rating input score 85
  • Fundraising efficiency: $12.53 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 30.5%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 3.92; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 9%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: 5.8% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 74.9% of revenue deployed · 85.3% of spending went to programs
  • Governance: 44 of 44 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $9.7M in reported program spending
  • Leadership: top reported pay $375K · 52 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.