Southern Arizona Quarter Horse Assoc
EIN: 860311538 · Sonoita, AZ
Is Southern Arizona Quarter Horse Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Arizona Quarter Horse Assoc
Southern Arizona Quarter Horse Assoc (EIN: 860311538) is a nonprofit organization based in Sonoita, AZ. The organization reported total revenue of $345K and total assets of $234K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Arizona Quarter Horse Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Arizona Quarter Horse Assoc is a small nonprofit that has been operating for 50 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $217K |
| Total Expenses | $178K |
| Surplus / Deficit | +$39K |
| Total Assets | $141K |
| Net Assets | $141K |
| Operating Margin | 18.1% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Southern Arizona Quarter Horse Assoc reported a surplus of $39K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Southern Arizona Quarter Horse Assoc's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.1% | +36.4% | +36.9% |
| 2022 | +2556.9% | +2375.4% | +0.8% |
| 2021 | -30.1% | +1.2% | +0.2% |
| 2020 | -42.3% | -9.8% | +2.6% |
| 2019 | -38.3% | +304.8% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Arizona Quarter Horse Assoc 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 Southern Arizona Quarter Horse Assoc 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 $39K, with revenue exceeding expenses.
Frequently Asked Questions about Southern Arizona Quarter Horse Assoc
Is Southern Arizona Quarter Horse Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Arizona Quarter Horse Assoc (EIN: 860311538) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southern Arizona Quarter Horse Assoc spend its money?
Detailed spending breakdown data is not yet available for Southern Arizona Quarter Horse Assoc. Check back for updated IRS 990 analysis.
Are donations to Southern Arizona Quarter Horse Assoc tax-deductible?
Southern Arizona Quarter Horse Assoc is registered as a tax-exempt nonprofit (EIN: 860311538). 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 Southern Arizona Quarter Horse Assoc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Southern Arizona Quarter Horse Assoc's revenue has grown by 1027.9%, moving from $19K to $217K. Total assets increased by 34.6% over the same period, from $105K to $141K. Total functional expenses rose by 7406%, from $2K to $178K. In its most recent filing year (2023), Southern Arizona Quarter Horse Assoc reported a surplus of $39K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $217K | $178K | $141K | $0 | — | View 990 |
| 2022 | $145K | $130K | $103K | $1K | — | View 990 |
| 2021 | $5K | $5K | $102K | $0 | — | View 990 |
| 2020 | $8K | $5K | $102K | $0 | — | View 990 |
| 2019 | $14K | $6K | $99K | $0 | — | View 990 |
| 2017 | $22K | $1K | $98K | $0 | — | View 990 |
| 2016 | $7K | $2K | $77K | $0 | — | View 990 |
| 2015 | $-19,350 | $1K | $72K | $0 | — | View 990 |
| 2014 | $13K | $989 | $93K | $0 | — | View 990 |
| 2013 | $-21,661 | $2K | $81K | $0 | — | View 990 |
| 2012 | $19K | $2K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $217K, expenses of $178K, and assets of $141K (revenue +50.1% year-over-year).
- 2022: Revenue of $145K, expenses of $130K, and assets of $103K (revenue +2556.9% year-over-year).
- 2021: Revenue of $5K, expenses of $5K, and assets of $102K (revenue -30.1% year-over-year).
- 2020: Revenue of $8K, expenses of $5K, and assets of $102K (revenue -42.3% year-over-year).
- 2019: Revenue of $14K, expenses of $6K, and assets of $99K (revenue -38.3% year-over-year).
- 2017: Revenue of $22K, expenses of $1K, and assets of $98K (revenue +205.4% year-over-year).
- 2016: Revenue of $7K, expenses of $2K, and assets of $77K.
- 2015: Revenue of $-19,350, expenses of $1K, and assets of $72K (revenue -250.9% year-over-year).
- 2014: Revenue of $13K, expenses of $989, and assets of $93K.
- 2013: Revenue of $-21,661, expenses of $2K, and assets of $81K (revenue -212.4% year-over-year).
- 2012: Revenue of $19K, expenses of $2K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Arizona Quarter Horse Assoc:
Data Sources and Methodology
This transparency report for Southern Arizona Quarter Horse Assoc 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.