Civic Intelligence

Illinois Quarter Horse Association

EIN 36-6142804 • 501(c)5 • Wonder Lake, IL

Profile

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

PO Box 27Wonder Lake, IL 60097

www.ilqha.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

35th percentile

-3.0%

Higher net margin than 35% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2024

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.

501(c)5 • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-1.0%

Faster asset growth than 42% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-15%

Faster revenue growth than 20% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$288,065

Down $2,778 (-1.0%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$288,065

Down $2,778 (-1.0%) from 2023

Revenue

Down

$93,472

Down $16,579 (-15%) from 2023

Expenses

Up

$96,249

Up $18,675 (+24%) from 2023

Net Income

Down

-$2,777

Down $35,254 (-109%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $311,497Liabilities 2010: $129,077Net Assets 2010: $182,4202010Assets 2011: $294,178Liabilities 2011: $120,900Net Assets 2011: $173,2782011Assets 2012: $325,783Liabilities 2012: $110,170Net Assets 2012: $215,6132012Assets 2013: $329,983Liabilities 2013: $115,457Net Assets 2013: $214,5262013Assets 2014: $371,206Liabilities 2014: $117,730Net Assets 2014: $253,4762014Assets 2015: $368,807Liabilities 2015: $116,610Net Assets 2015: $252,1972015Assets 2016: $375,372Liabilities 2016: $112,630Net Assets 2016: $262,7422016Assets 2017: $426,163Liabilities 2017: $111,016Net Assets 2017: $315,1472017Assets 2018: $436,221Liabilities 2018: $107,331Net Assets 2018: $328,8902018Assets 2019: $442,811Liabilities 2019: $105,907Net Assets 2019: $336,9042019Assets 2020: $366,762Liabilities 2020: $74,911Net Assets 2020: $291,8512020Assets 2021: $328,146Liabilities 2021: $48,702Net Assets 2021: $279,4442021Assets 2022: $295,794Liabilities 2022: $37,428Net Assets 2022: $258,3662022Assets 2023: $290,843Net Assets 2023: $290,8432023Assets 2024: $288,065Net Assets 2024: $288,0652024

Highlighted filing

2024

Assets$288,065
Liabilities-
Net Assets$288,065

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $95,694Expenses 2010: $105,715Net Income 2010: -$10,0212010Revenue 2011: $86,446Expenses 2011: $95,588Net Income 2011: -$9,1422011Revenue 2012: $110,989Expenses 2012: $68,654Net Income 2012: $42,3352012Revenue 2013: $88,739Expenses 2013: $89,826Net Income 2013: -$1,0872013Revenue 2014: $109,718Expenses 2014: $70,768Net Income 2014: $38,9502014Revenue 2015: $103,163Expenses 2015: $104,442Net Income 2015: -$1,2792015Revenue 2016: $84,476Expenses 2016: $73,931Net Income 2016: $10,5452016Revenue 2017: $137,005Expenses 2017: $84,600Net Income 2017: $52,4052017Revenue 2018: $83,362Expenses 2018: $69,619Net Income 2018: $13,7432018Revenue 2019: $86,197Expenses 2019: $78,183Net Income 2019: $8,0142019Revenue 2020: $12,905Expenses 2020: $57,959Net Income 2020: -$45,0542020Revenue 2021: $32,663Expenses 2021: $45,069Net Income 2021: -$12,4062021Revenue 2022: $70,997Expenses 2022: $88,274Net Income 2022: -$17,2772022Revenue 2023: $110,051Expenses 2023: $77,574Net Income 2023: $32,4772023Revenue 2024: $93,472Expenses 2024: $96,249Net Income 2024: -$2,7772024

Highlighted filing

2024

Revenue$93,472
Expenses$96,249
Net Income-$2,777

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.88$2.88$0.93$0.96$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.91$2.91$1.10$0.78$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.96$0.37$2.58$0.71$0.88$0.17
2021Detailed filing. Detailed filing data is available for this year.$3.28$0.49$2.79$0.33$0.45$0.12
2020Detailed filing. Detailed filing data is available for this year.$3.67$0.75$2.92$0.13$0.58$0.45
2019Detailed filing. Detailed filing data is available for this year.$4.43$1.06$3.37$0.86$0.78$0.08
2018Detailed filing. Detailed filing data is available for this year.$4.36$1.07$3.29$0.83$0.70$0.14
2017Detailed filing. Detailed filing data is available for this year.$4.26$1.11$3.15$1.37$0.85$0.52
2016Detailed filing. Detailed filing data is available for this year.$3.75$1.13$2.63$0.84$0.74$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.69$1.17$2.52$1.03$1.04$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.71$1.18$2.53$1.10$0.71$0.39
2013Detailed filing. Detailed filing data is available for this year.$3.30$1.15$2.15$0.89$0.90$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$1.10$2.16$1.11$0.69$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$1.21$1.73$0.86$0.96$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$1.29$1.82$0.96$1.06$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$93,472
Mission and Program Overview

Mission

To promote the american quarter horse industry in illinois including riding, breeding, raising, training, exhibiting, and racing horses.

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

Program Services

DescriptionGrantsExpenses
QUARTER HORSE SHOWS AND PROGRAMS OPEN TO THE PUBLIC TO PROMOTE THE QUARTER HORSE BREED.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF GREAVESPresident-$0--
KELSEY STANGEBYEVice Preside-$0--
CAMI VAN AIKENRegional VP-$0--
KAT ZELNIORegional VP-$0--
ANTHONY GREVENGOEDPast Preside-$0--
DIANNE EPPERSTreasurer-$0--
EMMA GARCIASecretary-$0--
JULIE MADISON ANGUSDirector-$0--
KAREN BOXELLDirector-$0--
JENNIFER BURTONDirector-$0--
LYNDA DANIELSONDirector-$0--
TAMMY DEWEYDirector-$0--
JENNIFER DRINKALLDirector-$0--
BEKAH IRISHDirector-$0--
VALERIE KEARNSDirector-$0--
BRENDON MEHOCHKODirector-$0--
TERI PANKAUDirector-$0--
ANNE PATEDirector-$0--
COLTON SMITHDirector-$0--
TANNA SUITSDirector-$0--
MARY HANNAGANDirector At-$0--
Filing and Contact Details

Filer

Filer Name
Illinois Quarter Horse Association
EIN
36-6142804
Phone
6303383383
Address
PO BOX 27, WONDER LAKE, IL 60097

Signing Officer

Name
Dianne Eppers
Title
Treasurer
Phone
8473540213
Signed
2025-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Asija CPA Pllc
Address
16 EXECUTIVE CT STE 2, SOUTH BARRINGTON, IL 60010
Preparer
Allen Wolf
Phone
8476205200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Sponsorships 9,110 miscellaneous 3,129 total 12,239

Form 990-ez, Part I, Line 16

Expenses office exp. 3,067 filing fees 22 web page maintenance 825 insurance 2,757 awards & gifts 9,867 bank charges 592 meals 10,567 show expenses 60,545 total 88,242

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 0 769 total 0 769

Form 990-ez, Part III

To promote the american quarter horse industry in illinois including riding, breeding, raising, training, exhibiting and racing horses.

Form 990-ez, Part III

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

Raw XML Appendix174 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE AMERICAN QUARTER HORSE BREED IN ILLINOIS THROUGH DEMONSTRATION EVENTS AND TO TEACH YOUTH ABOUT RAISING AND SHOWING QUARTER HORSES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPONSORSHIPS 9,110 MISCELLANEOUS 3,129 TOTAL 12,239
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXP. 3,067 FILING FEES 22 WEB PAGE MAINTENANCE 825 INSURANCE 2,757 AWARDS & GIFTS 9,867 BANK CHARGES 592 MEALS 10,567 SHOW EXPENSES 60,545 TOTAL 88,242
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 0 769 TOTAL 0 769
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROMOTE THE AMERICAN QUARTER HORSE INDUSTRY IN ILLINOIS INCLUDING RIDING, BREEDING, RAISING, TRAINING, EXHIBITING AND RACING HORSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROMOTE THE AMERICAN QUARTER HORSE BREED IN ILLINOIS THROUGH DEMONSTRATION EVENTS AND TO TEACH YOUTH ABOUT RAISING AND SHOWING QUARTER HORSES.
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