Recreation & Sports
(N69)
990 on File
NORTH DAKOTA QUARTER HORSE ASSOCIATION
Financial strength (30%)
72/100
Reliability (20%)
40/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$173K
Total Revenue
$182K
Total Expenses
$53K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.0%
Fundraising Efficiency
132.9%
Operating Reserve
3.51x
Liability-to-Asset
0.0%
Revenue Diversification
85.0%
Compared with Peers
FY 2025
Compared with 5,798 similar organizations
(United States, Recreation & Sports, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.0% | 95.2% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
132.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.5 mo | 6.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.0% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
5.4% | 6.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.1% | 7.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.2% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $173K | $182K | $53K | 89.0% | — |
| 2024 | $164K | $165K | $62K | 85.2% | — |
| 2023 | $176K | $177K | $63K | 66.4% | — |
| 2022 | $184K | $195K | $65K | 74.4% | — |
| 2021 | $186K | $205K | N/A | — | 1 |
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