Civic Intelligence

Washington State Quarter Horse Association

990 • Fiscal year 2020 • EIN 31-1467592

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

PO Box 1010Mckenna, WA 98558

(360) 870-9938

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.18x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.07x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Net Margin

34th percentile

3.1%

Higher net margin than 34% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Asset Growth

82nd percentile

29%

Faster asset growth than 82% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-57%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$56,318

Up $12,756 (+29%) from 2019

Net Assets

Up

$46,365

Up $4,471 (+11%) from 2019

Liabilities

Up

$9,953

Up $8,285 (+497%) from 2019

Revenue

Down

$146,579

Down $192,737 (-57%) from 2019

Expenses

Down

$142,108

Down $179,108 (-56%) from 2019

Net Income

Down

$4,471

Down $13,629 (-75%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2010: $27,189Net Assets 2010: $27,1892010Assets 2011: $32,531Net Assets 2011: $32,5312011Assets 2012: $49,457Liabilities 2012: $0Net Assets 2012: $49,4572012Assets 2013: $58,530Liabilities 2013: $0Net Assets 2013: $58,5302013Assets 2014: $56,435Liabilities 2014: $8,394Net Assets 2014: $48,0412014Assets 2015: $20,292Liabilities 2015: $12,958Net Assets 2015: $7,3342015Assets 2016: $26,301Liabilities 2016: $5,398Net Assets 2016: $20,9032016Assets 2017: $21,124Liabilities 2017: $7,081Net Assets 2017: $14,0432017Assets 2018: $26,620Liabilities 2018: $2,826Net Assets 2018: $23,7942018Assets 2019: $43,562Liabilities 2019: $1,668Net Assets 2019: $41,8942019Assets 2020: $56,318Liabilities 2020: $9,953Net Assets 2020: $46,3652020Assets 2021: $90,795Liabilities 2021: $0Net Assets 2021: $90,7952021Assets 2022: $109,065Liabilities 2022: $0Net Assets 2022: $109,0652022Assets 2023: $136,818Liabilities 2023: $0Net Assets 2023: $136,8182023Assets 2024: $133,554Liabilities 2024: $7,941Net Assets 2024: $125,6132024

Highlighted filing

2020

Assets$56,318
Liabilities$9,953
Net Assets$46,365

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2010: $190,910Expenses 2010: $182,274Net Income 2010: $8,6362010Revenue 2011: $178,426Expenses 2011: $173,084Net Income 2011: $5,3422011Expenses 2012: $228,8692012Revenue 2013: $306,150Expenses 2013: $297,077Net Income 2013: $9,0732013Revenue 2014: $354,220Expenses 2014: $364,111Net Income 2014: -$9,8912014Revenue 2015: $321,839Expenses 2015: $346,734Net Income 2015: -$24,8952015Revenue 2016: $335,648Expenses 2016: $328,781Net Income 2016: $6,8672016Revenue 2017: $310,403Expenses 2017: $317,263Net Income 2017: -$6,8602017Revenue 2018: $326,174Expenses 2018: $316,423Net Income 2018: $9,7512018Revenue 2019: $339,316Expenses 2019: $321,216Net Income 2019: $18,1002019Revenue 2020: $146,579Expenses 2020: $142,108Net Income 2020: $4,4712020Revenue 2021: $495,374Expenses 2021: $450,944Net Income 2021: $44,4302021Revenue 2022: $544,503Expenses 2022: $526,233Net Income 2022: $18,2702022Revenue 2023: $547,816Expenses 2023: $520,268Net Income 2023: $27,5482023Revenue 2024: $644,787Expenses 2024: $655,992Net Income 2024: -$11,2052024

Highlighted filing

2020

Revenue$146,579
Expenses$142,108
Net Income$4,471
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$147,779
Mission and Program Overview

Mission

To promote the quarter horse breed through demonstration events and to teach youth about raising and showing quarter horses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$43,562$56,318▲ $12,756
Rtn Earn Endowment Incm Other Fnds$41,894$46,365▲ $4,471
Total Assets$43,562$56,318▲ $12,756
Liabilities
Accounts Payable and Accrued Expenses$1,668$9,953▲ $8,285
Total Liabilities$1,668$9,953▲ $8,285
Net Assets / Fund Balance
Total Net Assets Fund Balance$41,894$46,365▲ $4,471
Total Liabilities and Net Assets / Fund Balance$43,562$56,318▲ $12,756
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,621
Program Service Revenue
$118,853
Investment Income
$0
Other Revenue
$25,105
Change in Net Assets
$4,471
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$142,108
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$34,717
Fees for Services Other---$33,595
Other Expenses$5,124--$5,124
Insurance---$3,512
Conferences and Meetings---$3,455
Office Expenses---$3,034
Fees for Services Legal---$300
Fees for Services Accounting---$114
Total Functional Expenses$0$0$0$142,108
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,745
Gaming Gross Income$5,560
Fundraising Direct Expenses$1,200
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Youth World$8,160$8,160$1,200$6,960
Youth Club$7,397$7,397-$7,397
Total Events$15,557$15,557$1,200$14,357
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organizations members compete in horse shows

Form 990 governing body review Part VI line 11

No review was or will be conducted

Governing documents etc available to public Part VI line 19

No other documents are available to the public

Filing and Contact Details

Filer

Filer Name
Washington State Quarter Horse Association
EIN
31-1467592
Address
PO BOX 1010, MCKENNA, WA 98558

Signing Officer

Name
Crysta Keller
Title
President
Phone
3608709938
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
Wa
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
30

Preparer

Firm
Tate & Oellrich Inc PS CPAs
Address
425 Rainier Blvd N Ste 2, Issaquah, WA 98027-2828
Preparer
Nancy Hayes
Phone
4253925650
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Judges compensation 7421announcer 1722gateperson 1150pointskeeper 4400ring stewards 2926show manager 9280show secretary 5016asst show secretary 1680

List of other expenses Part IX line 24E

Program services:website expense 2656aqha fees 3157youth world show exp 4756trail warmup/set up cost 1373dollar a ride cost 2537futurity payouts 4170masters payouts 4000other show costs 1785show bucks costs 1131hospitality 1928storage rental 1024shavings 3467supplies 3019gifts 553horse crazy costs 501yes costs 357sponsor costs 300business lic & reg 87misc (2084)

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43797
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt08453
IRS990/PYGrantsAndSimilarPaidAmt0816
IRS990/PYOtherExpensesAmt0320400
IRS990/PYOtherRevenueAmt024301
IRS990/PYProgramServiceRevenueAmt0306562
IRS990/PYRevenuesLessExpensesAmt018100
IRS990/PYTotalExpensesAmt0321216
IRS990/PYTotalRevenueAmt0339316
IRS990/ReconcilationRevenueExpnssAmt04471
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0118853
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt041894
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt046365
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01200
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0YOUTH WORLD
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0YOUTH CLUB
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt08160
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07397
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015557
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08160
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07397
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015557
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014357
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01200
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01200
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS MEMBERS COMPETE IN HORSE SHOWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3JUDGES COMPENSATION 7421ANNOUNCER 1722GATEPERSON 1150POINTSKEEPER 4400RING STEWARDS 2926SHOW MANAGER 9280SHOW SECRETARY 5016ASST SHOW SECRETARY 1680
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM SERVICES:WEBSITE EXPENSE 2656AQHA FEES 3157YOUTH WORLD SHOW EXP 4756TRAIL WARMUP/SET UP COST 1373DOLLAR A RIDE COST 2537FUTURITY PAYOUTS 4170MASTERS PAYOUTS 4000OTHER SHOW COSTS 1785SHOW BUCKS COSTS 1131HOSPITALITY 1928STORAGE RENTAL 1024SHAVINGS 3467SUPPLIES 3019GIFTS 553HORSE CRAZY COSTS 501YES COSTS 357SPONSOR COSTS 300BUSINESS LIC & REG 87MISC (2084)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt043562
IRS990/TotalAssetsEOYAmt056318
IRS990/TotalAssetsGrp/BOYAmt043562
IRS990/TotalAssetsGrp/EOYAmt056318
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02621
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0142108
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01668
IRS990/TotalLiabilitiesEOYAmt09953
IRS990/TotalLiabilitiesGrp/BOYAmt01668
IRS990/TotalLiabilitiesGrp/EOYAmt09953
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt041894
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt046365
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt015943
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt015943
IRS990/TotalProgramServiceExpensesAmt0141061
IRS990/TotalProgramServiceRevenueAmt0118853
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt025105
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0118853
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0146579
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt043562
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt056318
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WSQHA.COM
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CRYSTA KELLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03608709938
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WASHINGTON STATE QUARTER HORSE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0WASH
ReturnHeader/Filer/EIN0311467592
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1010
ReturnHeader/Filer/USAddress/CityNm0MCKENNA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098558
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911574988
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tate & Oellrich Inc PS CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0425 Rainier Blvd N Ste 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Issaquah
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0980272828
ReturnHeader/PreparerPersonGrp/PhoneNum04253925650
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NANCY HAYES
ReturnHeader/ReturnTs02021-11-10T22:44:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CRYSTA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KELLER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.08$1.26$6.45$6.56$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$5.48$5.20$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$5.45$5.26$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$4.95$4.51$0.44
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.10$0.46$1.47$1.42$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.02$0.42$3.39$3.21$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.03$0.24$3.26$3.16$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.07$0.14$3.10$3.17$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.05$0.21$3.36$3.29$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.13$0.07$3.22$3.47$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.08$0.48$3.54$3.64$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$3.06$2.97$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$2.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.33$1.78$1.73$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.27$1.91$1.82$0.09