Civic Intelligence

Arizona Quarter Horse Association

EIN 86-0212375 • 501(c)5 • Phoenix, AZ

Profile

Arizona quarter horse association (azqha) is organized for the purpose of being an affiliate of the aqha to provide beneficial services for its members and non-members within the state of arizona that enhance and encourage american quarter horse ownership and participation.

515 E Carefree Hwy Pmb 405Phoenix, AZ 85085

azqha.org

Siviq Scores

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

Liabilities / Assets

80th percentile

0.11x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.09x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Net Margin

61st percentile

12%

Higher net margin than 61% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$225,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Asset Growth

89th percentile

24%

Faster asset growth than 89% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

16%

Faster revenue growth than 76% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,137,643

Up $612,989 (+24%) from 2023

Liabilities

Up

$346,906

Up $128,231 (+59%) from 2023

Net Assets

Up

$2,790,737

Up $484,758 (+21%) from 2023

Revenue

Up

$3,982,091

Up $551,466 (+16%) from 2023

Expenses

Up

$3,497,333

Up $331,576 (+10%) from 2023

Net Income

Up

$484,758

Up $219,890 (+83%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $893,328Liabilities 2012: $163,005Net Assets 2012: $730,3232012Assets 2013: $888,013Liabilities 2013: $327Net Assets 2013: $887,6862013Assets 2014: $954,474Liabilities 2014: $41,250Net Assets 2014: $913,2242014Assets 2015: $1,032,115Liabilities 2015: $23,395Net Assets 2015: $1,008,7202015Assets 2016: $1,258,908Liabilities 2016: $178,888Net Assets 2016: $1,080,0202016Assets 2017: $1,198,109Liabilities 2017: $18,747Net Assets 2017: $1,179,3622017Assets 2018: $1,260,890Liabilities 2018: $25,002Net Assets 2018: $1,235,8882018Assets 2019: $1,453,203Liabilities 2019: $72,527Net Assets 2019: $1,380,6762019Assets 2020: $1,662,494Liabilities 2020: $101,640Net Assets 2020: $1,560,8542020Assets 2021: $2,225,113Liabilities 2021: $180,239Net Assets 2021: $2,044,8742021Assets 2022: $2,272,717Liabilities 2022: $231,606Net Assets 2022: $2,041,1112022Assets 2023: $2,524,654Liabilities 2023: $218,675Net Assets 2023: $2,305,9792023Assets 2024: $3,137,643Liabilities 2024: $346,906Net Assets 2024: $2,790,7372024

Highlighted filing

2024

Assets$3,137,643
Liabilities$346,906
Net Assets$2,790,737

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2012: $1,183,782Expenses 2012: $1,030,915Net Income 2012: $152,8672012Revenue 2013: $1,262,153Expenses 2013: $1,104,790Net Income 2013: $157,3632013Revenue 2014: $1,536,749Expenses 2014: $1,489,020Net Income 2014: $47,7292014Revenue 2015: $1,509,143Expenses 2015: $1,413,647Net Income 2015: $95,4962015Revenue 2016: $1,574,468Expenses 2016: $1,503,168Net Income 2016: $71,3002016Revenue 2017: $1,618,341Expenses 2017: $1,518,999Net Income 2017: $99,3422017Revenue 2018: $1,689,625Expenses 2018: $1,633,099Net Income 2018: $56,5262018Revenue 2019: $1,946,316Expenses 2019: $1,801,528Net Income 2019: $144,7882019Revenue 2020: $2,098,018Expenses 2020: $1,917,840Net Income 2020: $180,1782020Revenue 2021: $3,408,451Expenses 2021: $2,924,431Net Income 2021: $484,0202021Revenue 2022: $3,089,757Expenses 2022: $2,881,618Net Income 2022: $208,1392022Revenue 2023: $3,430,625Expenses 2023: $3,165,757Net Income 2023: $264,8682023Revenue 2024: $3,982,091Expenses 2024: $3,497,333Net Income 2024: $484,7582024

Highlighted filing

2024

Revenue$3,982,091
Expenses$3,497,333
Net Income$484,758

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$4,479,630
Mission and Program Overview

Mission

Arizona quarter horse breeders association (azqha) is organized for the purpose of being an affiliate of the aqha to provide beneficial services for its members and non-members within the state of arizona that enhance and encourage american quarter horse ownership and participation.

The organization hosts multiple horse shows each year. Their main event is the annual arizona sun country circuit horse show held in scottsdale, az. The show is open to anyone with a registered quarter horse.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,162,406$2,888,148▲ $725,742
Rtn Earn Endowment Incm Other Fnds$2,305,979$2,790,737▲ $484,758
Cash and Non-Interest-Bearing Accounts$321,113$162,165▼ $158,948
Prepaid Expenses and Deferred Charges$23,760$80,120▲ $56,360
Accounts Receivable$17,375$7,210▼ $10,165
Total Assets$2,524,654$3,137,643▲ $612,989
Liabilities
Other Liabilities$153,957$304,148▲ $150,191
Accounts Payable and Accrued Expenses$64,718$42,758▼ $21,960
Total Liabilities$218,675$346,906▲ $128,231
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,305,979$2,790,737▲ $484,758
Total Liabilities and Net Assets / Fund Balance$2,524,654$3,137,643▲ $612,989
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Doug HulsCEOFT$155,000$70,000$225,000

Board Members and Trustees

NameTitle
Fred FisherPresident
Board of DirectorsSee Attached
Nancy GillettTreasurer
Julie HoeflingVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,867,392
Investment Income
$114,699
Other Revenue
$0
Change in Net Assets
$484,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,157,627
Salaries, Compensation, and Employee Benefits$339,706
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$1,308,577--$1,308,577
Other Expenses$289,770--$289,770
Current Officers, Directors, Trustees, and Key Employees$137,996$87,004-$225,000
Other Salaries and Wages$56,000$24,000-$80,000
Travel$46,894--$46,894
Insurance$31,117--$31,117
Payroll Taxes$20,190--$20,190
Pension Plan Contributions$14,516--$14,516
Fees for Services Accounting$13,358--$13,358
Advertising$5,810--$5,810
Total Functional Expenses$3,386,329$111,004$0$3,497,333
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Azqha Scholarships 2018/19$112,417
Deferred Revenue$95,557
Credit Cards Payable$56,390
Ascent Scolarship Hegel$39,700
Payroll Tax Payable$84
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
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, Page 6, Part VI, Line 6

The organization has members who pay annual dues and vote to for the members of the board. Each year there is an annual meeting of the general membership where the board provides members a review of organization's activities.

Form 990, Page 6, Part VI, Line 7A

Members are sent ballots each year to vote for the election of the board of directors. Once elected the board of directors make all decisions regarding the workings of the organization.

Form 990, Page 6, Part VI, Line 11B

An independent accounting firm prepares bank reconciliations and reviews the bookkeeping on a monthly basis and prepares the 990 annually. Before the 990 is filed, the return is submitted to the officers and the organization's board for review.

Form 990, Page 6, Part VI, Line 15A

The board of directors do annual review and approve, ceo's salary and bonus.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Arizona Quarter Horse Association
EIN
86-0212375
Phone
6238698037
Address
515 E CAREFREE HWY PMB 405, PHOENIX, AZ 85085

Signing Officer

Name
Doug Huls
Title
CEO
Phone
4803906867
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Huls
Formed
1955
Legal Domicile
Az
Voting Board Members
16
Independent Board Members
16
Employees
2

Preparer

Firm
Matthew B Mcclure CPA Pllc
Address
8603 E ROYAL PALM RD STE 130, SCOTTSDALE, AZ 85258-4351
Preparer
Matt Mcclure
Phone
6023341898
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Arizona quarter horse association (azqha) is organized for the purpose of being an affiliate of the aqha to provide beneficial services for its members and non-members within the state of arizona that enhance and encourage american quarter horse ownership and participation.

Form 990, Part IX, Line 24E

Temporary help 206,350 0 0 aqha admin expense 160,810 0 0 cattle expenses 155,670 0 0 stall expenses 128,945 0 0 show expenses 103,670 0 0 fees & licenses 80,175 0 0 credit card fees 67,042 0 0 computer expenses 62,502 0 0 employee lodging 46,894 0 0 banquet 44,158 0 0 meals 42,313 0 0 printing/ engraving 35,632 0 0 youth world show 25,831 0 0 electrical 25,237 0 0 trail design 24,512 0 0 donations 17,551 0 0 security 13,752 0 0 training/workshop 12,369 0 0 publication-azqha magazin 10,121 0 0 exhibitor promotional 8,505 0 0 vendor expense 7,620 0 0 paramedics 5,550 0 0 postage 4,867 0 0 workers comp insurance 4,819 0 0 repairs & maintenance 4,040 0 0 exhibitors party expense 2,400 0 0 telephone 1,938 0 0 internet expense 1,625 0 0 bank & cc charges 1,621 0 0 dues 1,120 0 0 clinic expenses 384 0 0 committee meetings 246 0 0 mileage reimbursement 230 0 0 sponsor expense 78 0 0 total 1,308,577 0 0

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARIZONA QUARTER HORSE ASSOCIATION (AZQHA) IS ORGANIZED FOR THE PURPOSE OF BEING AN AFFILIATE OF THE AQHA TO PROVIDE BENEFICIAL SERVICES FOR ITS MEMBERS AND NON-MEMBERS WITHIN THE STATE OF ARIZONA THAT ENHANCE AND ENCOURAGE AMERICAN QUARTER HORSE OWNERSHIP AND PARTICIPATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHO PAY ANNUAL DUES AND VOTE TO FOR THE MEMBERS OF THE BOARD. EACH YEAR THERE IS AN ANNUAL MEETING OF THE GENERAL MEMBERSHIP WHERE THE BOARD PROVIDES MEMBERS A REVIEW OF ORGANIZATION'S ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ARE SENT BALLOTS EACH YEAR TO VOTE FOR THE ELECTION OF THE BOARD OF DIRECTORS. ONCE ELECTED THE BOARD OF DIRECTORS MAKE ALL DECISIONS REGARDING THE WORKINGS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AN INDEPENDENT ACCOUNTING FIRM PREPARES BANK RECONCILIATIONS AND REVIEWS THE BOOKKEEPING ON A MONTHLY BASIS AND PREPARES THE 990 ANNUALLY. BEFORE THE 990 IS FILED, THE RETURN IS SUBMITTED TO THE OFFICERS AND THE ORGANIZATION'S BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS DO ANNUAL REVIEW AND APPROVE, CEO'S SALARY AND BONUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TEMPORARY HELP 206,350 0 0 AQHA ADMIN EXPENSE 160,810 0 0 CATTLE EXPENSES 155,670 0 0 STALL EXPENSES 128,945 0 0 SHOW EXPENSES 103,670 0 0 FEES & LICENSES 80,175 0 0 CREDIT CARD FEES 67,042 0 0 COMPUTER EXPENSES 62,502 0 0 EMPLOYEE LODGING 46,894 0 0 BANQUET 44,158 0 0 MEALS 42,313 0 0 PRINTING/ ENGRAVING 35,632 0 0 YOUTH WORLD SHOW 25,831 0 0 ELECTRICAL 25,237 0 0 TRAIL DESIGN 24,512 0 0 DONATIONS 17,551 0 0 SECURITY 13,752 0 0 TRAINING/WORKSHOP 12,369 0 0 PUBLICATION-AZQHA MAGAZIN 10,121 0 0 EXHIBITOR PROMOTIONAL 8,505 0 0 VENDOR EXPENSE 7,620 0 0 PARAMEDICS 5,550 0 0 POSTAGE 4,867 0 0 WORKERS COMP INSURANCE 4,819 0 0 REPAIRS & MAINTENANCE 4,040 0 0 EXHIBITORS PARTY EXPENSE 2,400 0 0 TELEPHONE 1,938 0 0 INTERNET EXPENSE 1,625 0 0 BANK & CC CHARGES 1,621 0 0 DUES 1,120 0 0 CLINIC EXPENSES 384 0 0 COMMITTEE MEETINGS 246 0 0 MILEAGE REIMBURSEMENT 230 0 0 SPONSOR EXPENSE 78 0 0 TOTAL 1,308,577 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02524654
IRS990/TotalAssetsEOYAmt03137643
IRS990/TotalAssetsGrp/BOYAmt02524654
IRS990/TotalAssetsGrp/EOYAmt03137643
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0111004
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03386329
IRS990/TotalFunctionalExpensesGrp/TotalAmt03497333
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0218675
IRS990/TotalLiabilitiesEOYAmt0346906
IRS990/TotalLiabilitiesGrp/BOYAmt0218675
IRS990/TotalLiabilitiesGrp/EOYAmt0346906
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02305979
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02790737
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt032140
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt032140
IRS990/TotalProgramServiceExpensesAmt03386329
IRS990/TotalProgramServiceRevenueAmt03867392
IRS990/TotalReportableCompFromOrgAmt0225000
IRS990/TotalRevenueGrp/ExclusionAmt0112238
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03869853
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03982091
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02524654
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03137643
IRS990/TravelGrp/ProgramServicesAmt046894
IRS990/TravelGrp/TotalAmt046894
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 261
IRS990/USAddress/CityNm0SKULL VALLEY
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd086338
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0AZQHA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG HULS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04803906867
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARIZONA QUARTER HORSE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0ARIZ
ReturnHeader/Filer/EIN0860212375
ReturnHeader/Filer/PhoneNum06238698037
ReturnHeader/Filer/USAddress/AddressLine1Txt0515 E CAREFREE HWY PMB 405
ReturnHeader/Filer/USAddress/CityNm0PHOENIX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085085
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462878454
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MATTHEW B MCCLURE CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08603 E ROYAL PALM RD STE 130
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCOTTSDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0852584351
ReturnHeader/PreparerPersonGrp/PhoneNum06023341898
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATT MCCLURE
ReturnHeader/ReturnTs02025-05-15T15:21:10-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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