Civic Intelligence

South Dakota Quarter Horse Assoc

EIN 46-0374189 • 501(c)5 • Luverne, MN

Profile

Developing and enhancing quarter horse ownership.

413 Central LaneLuverne, MN 56156

n/A

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 2025

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2025

Net Margin

27th percentile

-8.1%

Higher net margin than 27% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2025

Top Officer Pay

63rd percentile

$4,000

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

501(c)5 • <$500k nonprofits • Source year 2025

Asset Growth

22nd percentile

-12%

Faster asset growth than 22% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

81st percentile

18%

Faster revenue growth than 81% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$52,332

Down $7,463 (-12%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$52,332

Down $7,463 (-12%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin27th percentile

Revenue

Up

$92,172

Up $13,901 (+18%) from 2024

Expenses

Up

$99,635

Up $20,321 (+26%) from 2024

Net Income

Down

-$7,463

Down $6,420 (-616%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

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

$150K$100K$50K$0Assets 2010: $76,657Net Assets 2010: $76,6572010Assets 2011: $68,324Net Assets 2011: $68,3242011Assets 2012: $77,558Liabilities 2012: $02012Assets 2013: $80,253Liabilities 2013: $02013Assets 2014: $67,182Net Assets 2014: $67,1822014Assets 2015: $64,991Liabilities 2015: $0Net Assets 2015: $64,9912015Assets 2016: $63,664Net Assets 2016: $63,6642016Assets 2017: $105,952Net Assets 2017: $105,9522017Assets 2018: $81,492Liabilities 2018: $02018Assets 2019: $85,316Net Assets 2019: $85,3162019Assets 2020: $73,628Net Assets 2020: $73,6282020Assets 2021: $92,435Net Assets 2021: $92,4352021Assets 2022: $57,323Net Assets 2022: $57,3232022Assets 2023: $60,838Liabilities 2023: $02023Assets 2024: $59,795Net Assets 2024: $59,7952024Assets 2025: $52,332Net Assets 2025: $52,3322025

Highlighted filing

2025

Assets$52,332
Liabilities-
Net Assets$52,332
Open 2025 Filing

Operations Trend

Revenue Growth81st percentile

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

$200K$100K$0-$100KRevenue 2010: $81,359Expenses 2010: $81,365Net Income 2010: -$62010Revenue 2011: $75,131Expenses 2011: $83,464Net Income 2011: -$8,3332011Revenue 2012: $90,940Expenses 2012: $81,706Net Income 2012: $9,2342012Revenue 2013: $88,219Expenses 2013: $85,262Net Income 2013: $2,9572013Revenue 2014: $99,277Expenses 2014: $112,348Net Income 2014: -$13,0712014Revenue 2015: $92,609Expenses 2015: $94,800Net Income 2015: -$2,1912015Revenue 2016: $190,231Expenses 2016: $181,676Net Income 2016: $8,5552016Revenue 2017: $95,283Expenses 2017: $70,847Net Income 2017: $24,4362017Revenue 2018: $77,680Expenses 2018: $100,554Net Income 2018: -$22,8742018Revenue 2019: $88,127Expenses 2019: $84,303Net Income 2019: $3,8242019Revenue 2020: $17,384Expenses 2020: $29,072Net Income 2020: -$11,6882020Revenue 2021: $102,496Expenses 2021: $83,636Net Income 2021: $18,8602021Revenue 2022: $102,313Expenses 2022: $129,102Net Income 2022: -$26,7892022Revenue 2023: $41,149Expenses 2023: $60,127Net Income 2023: -$18,9782023Revenue 2024: $78,271Expenses 2024: $79,314Net Income 2024: -$1,0432024Revenue 2025: $92,172Expenses 2025: $99,635Net Income 2025: -$7,4632025

Highlighted filing

2025

Revenue$92,172
Expenses$99,635
Net Income-$7,463
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,332
Liabilities
-
Net assets
$52,332
Revenue
$92,172
Expenses
$99,635
Net income
-$7,463
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.52$0.52$0.92$1.00$0.07
2024Detailed filing. Detailed filing data is available for this year.$0.60$0.60$0.78$0.79$0.01
2023Summary only. Only limited summary data is available for this year.$0.61$0.00$0.41$0.60$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.57$1.02$1.29$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.92$1.02$0.84$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.74$0.17$0.29$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.85$0.85$0.88$0.84$0.04
2018Summary only. Only limited summary data is available for this year.$0.81$0.00$0.78$1.01$0.23
2017Detailed filing. Detailed filing data is available for this year.$1.06$1.06$0.95$0.71$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.64$1.90$1.82$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$0.93$0.95$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.67$0.99$1.12$0.13
2013Summary only. Only limited summary data is available for this year.$0.80$0.00$0.88$0.85$0.03
2012Summary only. Only limited summary data is available for this year.$0.78$0.00$0.91$0.82$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.68$0.75$0.83$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.77$0.81$0.81$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 11, 2026
Return Version
2025v4.0
Gross Receipts
$94,172
Mission and Program Overview

Mission

Developing and enhancing quarter horse ownership.

Program Services

DescriptionGrantsExpenses
Develop and provide beneficial services and opportunities for all horse enthusiasts that encourage and enhance quarter horseownership and participation through educational programs, recognition programs, & recreational opportunities. The monitoringof equine public policy, the fostering of industry relations, and the marketing, promotion & publicity of the american quarter horse.--
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jodie SvennesTreasurerPT$4,000-$4,000
Bob CarrPresidentPT$0--
Sheila SchelskeVice President-$0--
Shelby HolmesSecretaryPT$0--
Debbi Holmes-StockstillYouth Advisor-$0--
Filing and Contact Details

Filer

Filer Name
South Dakota Quarter Horse Assoc
EIN
46-0374189
Phone
6056915320
Address
413 Central Lane, Luverne, MN 56156

Signing Officer

Name
Jodie Svennes
Title
Treasurer
Phone
6056915320
Signed
2026-02-11
Discuss with paid preparer
Yes

Preparer

Firm
Guthmiller Accounting LTD
Address
214 N Main Street Suite 2, ABERDEEN, SD 57401
Preparer
Wendy J Guthmiller
Phone
6052257279
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Awards 4454.”

Form 990EZ, Part I, Line 16

“Banquet Costs 18661.”

Form 990EZ, Part I, Line 16

“Contract Labor 4000.”

Form 990EZ, Part I, Line 16

“Insurance 840.”

Form 990EZ, Part I, Line 16

“Office Supplies 6750.”

Form 990EZ, Part I, Line 16

“Show Costs 58733.”

Form 990EZ, Part I, Line 16

“Directory Costs 5047.”

Form 990EZ, Part I, Line 16

“Youth Scholarship 1000.”

Form 990EZ, Part I, Line 16

“Advertising 150.”

Raw XML Appendix130 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jodie Svennes
IRS990EZ/BooksInCareOfDetail/PhoneNum06056915320
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt047639 192nd Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brandt
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd057218
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt059795
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052332
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7463
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt059795
IRS990EZ/Form990TotalAssetsGrp/EOYAmt052332
IRS990EZ/FundraisingGrossIncomeAmt03850
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt094172
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0201
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt02240
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt059795
IRS990EZ/NetAssetsOrFundBalancesEOYAmt052332
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt059795
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt052332
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt34000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Bob Carr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sheila Schelske
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Shelby Holmes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jodie Svennes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Debbi Holmes-Stockstill
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Youth Advisor
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt099635
IRS990EZ/PrimaryExemptPurposeTxt0Developing and enhancing quarter horse ownership.
IRS990EZ/ProgramServiceRevenueAmt087881
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Develop and provide beneficial services and opportunities for all horse enthusiasts that encourage and enhance quarter horseownership and participation through educational programs, recognition programs, & recreational opportunities. The monitoringof equine public policy, the fostering of industry relations, and the marketing, promotion & publicity of the american quarter horse.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt02000
IRS990EZ/SpecialEventsNetIncomeLossAmt01850
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt099635
IRS990EZ/TotalRevenueAmt092172
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Awards 4454.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Banquet Costs 18661.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Contract Labor 4000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance 840.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Office Supplies 6750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Show Costs 58733.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Directory Costs 5047.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Youth Scholarship 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Advertising 150.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jodie Svennes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06056915320
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0South Dakota Quarter Horse Assoc
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0460374189
ReturnHeader/Filer/PhoneNum06056915320
ReturnHeader/Filer/USAddress/AddressLine1Txt0413 Central Lane
ReturnHeader/Filer/USAddress/CityNm0Luverne
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056156
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201927158
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Guthmiller Accounting LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0214 N Main Street Suite 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ABERDEEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd057401
ReturnHeader/PreparerPersonGrp/PhoneNum06052257279
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wendy J Guthmiller
ReturnHeader/ReturnTs02026-03-09T16:52:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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