Alabama Quarter Horse Association Inc
EIN: 273891602 · Pell City, AL · NTEE: N69
Is Alabama Quarter Horse Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alabama Quarter Horse Association Inc
Alabama Quarter Horse Association Inc (EIN: 273891602) is a nonprofit organization based in Pell City, AL, classified under NTEE code N69. The organization reported total revenue of $179K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Quarter Horse Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Quarter Horse Association Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $161K |
| Surplus / Deficit | +$6K |
| Total Assets | $123K |
| Net Assets | $123K |
| Operating Margin | 3.3% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, Alabama Quarter Horse Association Inc reported a surplus of $6K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Alabama Quarter Horse Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | +14.4% | +4.7% |
| 2022 | -8.0% | -19.0% | +20.3% |
| 2021 | +86.0% | +69.4% | +0.8% |
| 2020 | -23.9% | -16.5% | -8.6% |
| 2019 | +42.4% | +19.6% | +10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alabama Quarter Horse Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alabama Quarter Horse Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Frequently Asked Questions about Alabama Quarter Horse Association Inc
Is Alabama Quarter Horse Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Quarter Horse Association Inc (EIN: 273891602) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alabama Quarter Horse Association Inc spend its money?
Detailed spending breakdown data is not yet available for Alabama Quarter Horse Association Inc. Check back for updated IRS 990 analysis.
Are donations to Alabama Quarter Horse Association Inc tax-deductible?
Alabama Quarter Horse Association Inc is registered as a tax-exempt nonprofit (EIN: 273891602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Alabama Quarter Horse Association Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Alabama Quarter Horse Association Inc's revenue has grown by 60.4%, moving from $104K to $167K. Total assets increased by 17.5% over the same period, from $105K to $123K. Total functional expenses rose by 79.4%, from $90K to $161K. In its most recent filing year (2023), Alabama Quarter Horse Association Inc reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $167K | $161K | $123K | $0 | — | View 990 |
| 2022 | $161K | $141K | $118K | $0 | — | View 990 |
| 2021 | $175K | $174K | $98K | $0 | — | — |
| 2020 | $94K | $103K | $97K | $0 | — | View 990 |
| 2019 | $123K | $123K | $106K | $0 | — | View 990 |
| 2018 | $87K | $103K | $96K | $0 | — | View 990 |
| 2017 | $104K | $90K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $167K, expenses of $161K, and assets of $123K (revenue +3.7% year-over-year).
- 2022: Revenue of $161K, expenses of $141K, and assets of $118K (revenue -8.0% year-over-year).
- 2021: Revenue of $175K, expenses of $174K, and assets of $98K (revenue +86.0% year-over-year).
- 2020: Revenue of $94K, expenses of $103K, and assets of $97K (revenue -23.9% year-over-year).
- 2019: Revenue of $123K, expenses of $123K, and assets of $106K (revenue +42.4% year-over-year).
- 2018: Revenue of $87K, expenses of $103K, and assets of $96K (revenue -16.6% year-over-year).
- 2017: Revenue of $104K, expenses of $90K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Quarter Horse Association Inc:
Data Sources and Methodology
This transparency report for Alabama Quarter Horse Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.