The Missouri Quarter Horse Assn
EIN: 431142390 · Columbia, MO
| Metric | Value |
|---|---|
| Total Revenue | $487K |
| Total Expenses | $439K |
| Net Assets | $126K |
Is The Missouri Quarter Horse Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Missouri Quarter Horse Assn
The Missouri Quarter Horse Assn (EIN: 431142390) is a nonprofit organization based in Columbia, MO. The organization reported total revenue of $487K and total assets of $253K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Missouri Quarter Horse Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Missouri Quarter Horse Assn is a small nonprofit that has been operating for 48 years, with 8 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $438K |
| Total Expenses | $439K |
| Surplus / Deficit | $-983 |
| Total Assets | $210K |
| Total Liabilities | $85K |
| Net Assets | $126K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 40.2% |
| Months of Reserves | 5.7 months |
Financial Health Grade: B
In 2023, The Missouri Quarter Horse Assn reported a deficit of $983 with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 40.2% (moderate leverage).
Financial Trends
Over 8 years of filings (2012–2023), The Missouri Quarter Horse Assn's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.0% | +5.8% | +23.0% |
| 2022 | -18.5% | -25.6% | -14.2% |
| 2021 | +37.9% | +64.5% | +12.0% |
| 2020 | +108.0% | +130.6% | -14.9% |
| 2015 | -8.6% | -10.3% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Missouri Quarter Horse Assn 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 The Missouri Quarter Horse Assn 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 deficit of $983, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.2%.
Frequently Asked Questions about The Missouri Quarter Horse Assn
Is The Missouri Quarter Horse Assn a legitimate charity?
The Missouri Quarter Horse Assn (EIN: 431142390) is a registered tax-exempt nonprofit based in Missouri. It has 8 years of IRS 990 filings on record. Total revenue: $487K. No red flags identified. Financial health grade: B.
How does The Missouri Quarter Horse Assn spend its money?
The Missouri Quarter Horse Assn reported $487K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Missouri Quarter Horse Assn tax-deductible?
The Missouri Quarter Horse Assn is registered as a tax-exempt nonprofit (EIN: 431142390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Missouri Quarter Horse Assn located?
The Missouri Quarter Horse Assn is headquartered in Columbia, Missouri and files with the IRS under EIN 431142390.
How many years of IRS 990 filings does The Missouri Quarter Horse Assn have?
The Missouri Quarter Horse Assn has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $487K in total revenue.
Filing History
IRS 990 filing history for The Missouri Quarter Horse Assn showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2023), The Missouri Quarter Horse Assn's revenue has grown by 276.6%, moving from $116K to $438K. Total assets increased by 54.9% over the same period, from $136K to $210K. Total functional expenses rose by 226%, from $135K to $439K. In its most recent filing year (2023), The Missouri Quarter Horse Assn reported a deficit of $983, with expenses exceeding revenue. The organization holds $85K in liabilities against $210K in assets (debt-to-asset ratio: 40.2%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $438K | $439K | $210K | $85K | — | — |
| 2022 | $395K | $415K | $171K | $44K | — | View 990 |
| 2021 | $484K | $558K | $199K | $52K | — | — |
| 2020 | $351K | $339K | $178K | $-43,232 | — | — |
| 2015 | $169K | $147K | $209K | $0 | — | View 990 |
| 2014 | $185K | $164K | $187K | $0 | — | View 990 |
| 2013 | $114K | $122K | $144K | $1K | — | View 990 |
| 2012 | $116K | $135K | $136K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $438K, expenses of $439K, and assets of $210K (revenue +11.0% year-over-year).
- 2022: Revenue of $395K, expenses of $415K, and assets of $171K (revenue -18.5% year-over-year).
- 2021: Revenue of $484K, expenses of $558K, and assets of $199K (revenue +37.9% year-over-year).
- 2020: Revenue of $351K, expenses of $339K, and assets of $178K (revenue +108.0% year-over-year).
- 2015: Revenue of $169K, expenses of $147K, and assets of $209K (revenue -8.6% year-over-year).
- 2014: Revenue of $185K, expenses of $164K, and assets of $187K (revenue +62.7% year-over-year).
- 2013: Revenue of $114K, expenses of $122K, and assets of $144K (revenue -2.5% year-over-year).
- 2012: Revenue of $116K, expenses of $135K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Missouri Quarter Horse Assn:
Data Sources and Methodology
This transparency report for The Missouri Quarter Horse Assn 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.