Tennessee Reining Horse Association
Tennessee Reining Horse Association operates with volunteer leadership and tight financial margins, consistently reporting no officer compensation.
EIN: 20695158 · Speedwell, TN · NTEE: D60 · Updated: 2026-03-28
Is Tennessee Reining Horse Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tennessee Reining Horse Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tennessee Reining Horse Association
Tennessee Reining Horse Association (EIN: 20695158) is a nonprofit organization based in Speedwell, TN, classified under NTEE code D60. The organization reported total revenue of $944K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Reining Horse Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tennessee Reining Horse Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Tennessee Reining Horse Association allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The Tennessee Reining Horse Association reports 0% officer compensation across all available filings, indicating a volunteer-led organization where executive functions are performed without salary, which is highly efficient for an organization of its size with 2023 revenue of $818,202.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Tennessee Reining Horse Association:
- No officer compensation reported, indicating volunteer leadership and efficient use of funds.
- Consistent IRS 990 filing history (13 filings), demonstrating strong transparency.
- Zero reported liabilities across all filings, indicating sound debt management.
- Expenses closely align with revenue, suggesting efficient allocation of resources to current operations.
- Significant revenue growth from $182,063 in 2020 to $818,202 in 2023, showing increasing support and activity.
Frequently Asked Questions about Tennessee Reining Horse Association
Is Tennessee Reining Horse Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Tennessee Reining Horse Association (EIN: 20695158) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Tennessee Reining Horse Association spend its money?
Tennessee Reining Horse Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tennessee Reining Horse Association tax-deductible?
Tennessee Reining Horse Association is registered as a tax-exempt nonprofit (EIN: 20695158). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Tennessee Reining Horse Association financially stable?
Yes, the TRHA appears financially stable. While expenses sometimes slightly exceed revenue (e.g., 2023: $860,985 expenses vs. $818,202 revenue), the organization consistently reports $0 in liabilities and maintains modest assets, indicating a balanced approach to managing its finances without accumulating debt.
How does TRHA's executive compensation compare to other nonprofits?
TRHA's executive compensation is exceptionally low, reporting 0% officer compensation in all available filings. This is significantly lower than many nonprofits, indicating a strong reliance on volunteer leadership and a high proportion of funds directed towards programs rather than administrative salaries.
What is TRHA's trend in revenue and expenses?
TRHA has shown a general upward trend in both revenue and expenses over the past decade, with significant growth from $182,063 in revenue in 2020 to $818,202 in 2023. Expenses closely track revenue, suggesting an organization that scales its activities with its income.
Filing History
IRS 990 filing history for Tennessee Reining Horse Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tennessee Reining Horse Association's revenue has grown by 186.9%, moving from $285K to $818K. Total assets decreased by 3.2% over the same period, from $58K to $56K. Total functional expenses rose by 220.7%, from $268K to $861K. In its most recent filing year (2023), Tennessee Reining Horse Association reported a deficit of $43K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $818K | $861K | $56K | $0 | — | — |
| 2022 | $620K | $599K | $99K | $0 | — | View 990 |
| 2021 | $453K | $442K | $77K | $0 | — | View 990 |
| 2020 | $182K | $175K | $67K | $0 | — | View 990 |
| 2019 | $382K | $348K | $60K | $0 | — | View 990 |
| 2018 | $256K | $260K | $25K | $0 | — | View 990 |
| 2017 | $308K | $334K | $29K | $0 | — | View 990 |
| 2016 | $390K | $389K | $55K | $0 | — | View 990 |
| 2015 | $369K | $350K | $54K | $0 | — | View 990 |
| 2014 | $306K | $320K | $36K | $0 | — | View 990 |
| 2013 | $314K | $314K | $50K | $0 | — | View 990 |
| 2012 | $237K | $244K | $51K | $0 | — | View 990 |
| 2011 | $285K | $268K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $818K, expenses of $861K, and assets of $56K (revenue +31.9% year-over-year).
- 2022: Revenue of $620K, expenses of $599K, and assets of $99K (revenue +37.0% year-over-year).
- 2021: Revenue of $453K, expenses of $442K, and assets of $77K (revenue +148.7% year-over-year).
- 2020: Revenue of $182K, expenses of $175K, and assets of $67K (revenue -52.4% year-over-year).
- 2019: Revenue of $382K, expenses of $348K, and assets of $60K (revenue +49.6% year-over-year).
- 2018: Revenue of $256K, expenses of $260K, and assets of $25K (revenue -17.1% year-over-year).
- 2017: Revenue of $308K, expenses of $334K, and assets of $29K (revenue -21.0% year-over-year).
- 2016: Revenue of $390K, expenses of $389K, and assets of $55K (revenue +5.8% year-over-year).
- 2015: Revenue of $369K, expenses of $350K, and assets of $54K (revenue +20.5% year-over-year).
- 2014: Revenue of $306K, expenses of $320K, and assets of $36K (revenue -2.5% year-over-year).
- 2013: Revenue of $314K, expenses of $314K, and assets of $50K (revenue +32.6% year-over-year).
- 2012: Revenue of $237K, expenses of $244K, and assets of $51K (revenue -17.0% year-over-year).
- 2011: Revenue of $285K, expenses of $268K, and assets of $58K.
Data Sources and Methodology
This transparency report for Tennessee Reining Horse Association 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.