Civic Intelligence

American Farrier'S Association Inc Fka Farriers of America Inc

EIN 61-1424719 • 501(c)3 • Lexington, KY

View Organization Page

Profile

The american farrier's association was established to improve the welfare of the horse through continuing farrier education, further the professional development of farriers and to provide leadership and resources for the benefit of the farrier industry.

2201 Regency Road 704Lexington, KY 40503

www.americanfarriers.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

42nd percentile

0.8%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

66th percentile

11%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

3.9%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$421,039

Up $63,885 (+18%) from 2024

Liabilities

Up

$2

Up $2 from 2024

Net Assets

Up

$421,037

Up $63,883 (+18%) from 2024

Operations
Liabilities / Revenue34th percentileNet Margin42nd percentile

Revenue

Up

$925,504

Up $118,427 (+15%) from 2024

Expenses

Up

$874,511

Up $73,559 (+9.2%) from 2024

Net Income

Up

$50,993

Up $44,868 (+733%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

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

$600K$400K$200K$0Assets 2011: $272,527Liabilities 2011: $624Net Assets 2011: $271,9032011Assets 2012: $261,563Liabilities 2012: $0Net Assets 2012: $261,5632012Assets 2013: $238,957Liabilities 2013: $0Net Assets 2013: $238,9572013Assets 2014: $296,129Liabilities 2014: $0Net Assets 2014: $296,1292014Assets 2015: $243,259Liabilities 2015: $0Net Assets 2015: $243,2592015Assets 2016: $233,709Liabilities 2016: $0Net Assets 2016: $233,7092016Assets 2017: $282,161Liabilities 2017: $0Net Assets 2017: $282,1612017Assets 2018: $281,788Liabilities 2018: $0Net Assets 2018: $281,7882018Assets 2019: $287,223Liabilities 2019: $0Net Assets 2019: $287,2232019Assets 2020: $269,369Liabilities 2020: $0Net Assets 2020: $269,3692020Assets 2021: $339,261Liabilities 2021: $0Net Assets 2021: $339,2612021Assets 2022: $292,075Liabilities 2022: $0Net Assets 2022: $292,0752022Assets 2023: $322,282Liabilities 2023: $0Net Assets 2023: $322,2822023Assets 2024: $357,154Liabilities 2024: $0Net Assets 2024: $357,1542024Assets 2025: $421,039Liabilities 2025: $2Net Assets 2025: $421,0372025

Highlighted filing

2025

Assets$421,039
Liabilities$2
Net Assets$421,037
Open 2025 Filing

Operations Trend

Revenue Growth45th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $615,220Expenses 2011: $658,689Net Income 2011: -$43,4692011Revenue 2012: $509,691Expenses 2012: $520,031Net Income 2012: -$10,3402012Expenses 2013: $445,4522013Revenue 2014: $493,013Expenses 2014: $435,841Net Income 2014: $57,1722014Revenue 2015: $484,542Expenses 2015: $537,412Net Income 2015: -$52,8702015Revenue 2016: $468,931Expenses 2016: $478,481Net Income 2016: -$9,5502016Revenue 2017: $633,898Expenses 2017: $585,446Net Income 2017: $48,4522017Revenue 2018: $604,125Expenses 2018: $604,498Net Income 2018: -$3732018Revenue 2019: $622,497Expenses 2019: $617,062Net Income 2019: $5,4352019Revenue 2020: $566,594Expenses 2020: $577,482Net Income 2020: -$10,8882020Revenue 2021: $484,053Expenses 2021: $425,637Net Income 2021: $58,4162021Revenue 2022: $721,396Expenses 2022: $763,071Net Income 2022: -$41,6752022Revenue 2023: $776,457Expenses 2023: $746,237Net Income 2023: $30,2202023Revenue 2024: $807,077Expenses 2024: $800,952Net Income 2024: $6,1252024Revenue 2025: $925,504Expenses 2025: $874,511Net Income 2025: $50,9932025

Highlighted filing

2025

Revenue$925,504
Expenses$874,511
Net Income$50,993
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$421,039
Liabilities
$2
Net assets
$421,037
Revenue
$925,504
Expenses
$874,511
Net income
$50,993
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$9.26$8.75$0.51
2024Detailed filing. Detailed filing data is available for this year.$3.57$0.00$3.57$8.07$8.01$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$7.76$7.46$0.30
2022Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$7.21$7.63$0.42
2021Detailed filing. Detailed filing data is available for this year.$3.39$0.00$3.39$4.84$4.26$0.58
2020Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$5.67$5.77$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$6.22$6.17$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$6.04$6.04$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$6.34$5.85$0.48
2016Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$4.69$4.78$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$4.85$5.37$0.53
2014Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$4.93$4.36$0.57
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.00$2.39$4.45
2012Summary only. Only limited summary data is available for this year.$2.62$0.00$2.62$5.10$5.20$0.10
2011Summary only. Only limited summary data is available for this year.$2.73$0.01$2.72$6.15$6.59$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 4, 2026
Return Version
2024v5.2
Gross Receipts
$942,675
Mission and Program Overview

Mission

The american farrier's association was established to improve the welfare of the horse through continuing farrier education, further the professional developement of farriers and to provide leadership and resources for the benefit of the farrier industry.

The american farrier's association was established to improve the welfare of the horse through continuing farrier education, further the professional development of farriers and to provide leadership and resources for the benefit of the farrier industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$347,327$294,259▼ $53,068
Investments in Publicly Traded Securities-$118,045-
Prepaid Expenses and Deferred Charges$7,588$6,496▼ $1,092
Land, Buildings, and Equipment, Net$2,239$2,239→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$357,154$421,039▲ $63,885
Other Assets Total-$0-
Liabilities
Other Liabilities-$2-
Total Liabilities$0$2▲ $2
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$357,154$421,037▲ $63,883
Total Net Assets Fund Balance$357,154$421,037▲ $63,883
Total Liabilities and Net Assets / Fund Balance$357,154$421,039▲ $63,885

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,239$64,287$66,526
Other Land Buildings-$4,799$4,799
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Martha JonesExecutive DirectorFT$98,533$98,533

Board Members and Trustees

NameTitle
Hank ChisholmPresident
Jacob ManningVice President
Adam FahrDirector
Brian StrelowDirector
Claude LymanDirector
Elizabeth LordanDirector
Jake StonefieldDirector
Kayla ShepherdDirector
Kenny HoyleDirector
Marcus WiseDirector
Matt HillegasDirector
Mike LicataDirector
Pat HallDirector
Sam DurhamDirector
Tobias EllisDirector
Vern PowellDirector
Wes SharpDirector
Daniel JonesSecretary
Tri EllerbeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$408,483
Program Service Revenue
$508,917
Investment Income
$2,038
Other Revenue
$6,066
All Other Contributions
$6,120
Change in Net Assets
$50,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$654,273
Salaries, Compensation, and Employee Benefits$220,238
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$93,762$16,546-$110,308
Current Officers, Directors, Trustees, and Key Employees$75,033$13,241-$88,274
All Other Expenses$55,555$19,139-$74,694
Other Expenses$39,585$15,988-$39,585
Fees for Services Other$30,927$1,514-$32,441
Information Technology$20,689$3,651-$24,340
Office Expenses$19,522$3,445-$22,967
Occupancy$17,952$3,168-$21,120
Payroll Taxes$13,795$2,434-$16,229
Fees for Services Accounting-$14,400-$14,400
Fees for Services Legal-$13,747-$13,747
Travel$11,554$2,039-$13,593
Other Employee Benefits$4,613$814-$5,427
Fees for Service Investment Mgmnt Fees-$983-$983
Total Functional Expenses$763,402$111,109$0$874,511
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$2
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

Form 990, Part VI, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
American Farriers Association Inc
EIN
61-1424719
Phone
8592337411
Address
2201 REGENCY ROAD 704, LEXINGTON, KY 40503

Signing Officer

Name
Hank Chisholm
Title
President
Signed
2026-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hank Chisholm
Formed
1971
Legal Domicile
Ky
Voting Board Members
20
Independent Board Members
19
Employees
5

Preparer

Firm
Summers McCrary & Sparks PSC
Address
110 East Lowry Lane, Lexington, KY 40503
Preparer
Ryan R Laski CPA
Phone
8592648785
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