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American Saddlebred Horse and Breeders Association Inc

EIN 61-1182397 · Lexington, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceGood76 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It reported an excess benefit transaction with an insider.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE MISSION OF THE AMERICAN SADDLEBRED HORSE ASSOCIATION IS TO PROMOTE, IMPROVE AND PROTECT THE GRACE, INTELLIGENCE AND VERSATILITY OF THE AMERICAN SADDLEBRED, AND TO PROVIDE PROGRAMS AND SERVICES SUPPORTING OUR MEMBERS, WHILE FOSTERING PUBLIC AWARENESS OF THE BREED.

Income
$2.5 million
Spending
$2.6 million
Spent on programs
85%
Reserves
4.1 months of spending
Largest source of income
fees for its services, 70%
Employees
13
Volunteers
126
Highest pay
$156,022, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100. Higher than 42% of charities in its peer group (animals, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.1 months of spending.

  • Debt

    20 of 20

    It owes 11% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 2% of income.

  • Income trend

    15 of 15

    Income rose 5% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 21 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 76 out of 100. Higher than 37% of charities in its peer group (animals, $1m to $10m).

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    9 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    0 of 10

    Reports at least one of: diversion of assets, excess benefits, loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $1.1 million spent. THE ORGANIZATION SHALL HAVE THE PURPOSES OF SAFEGUARDING THE INTEGRITY, AND EXPANDING THE KNOWLEDGE OF THE AMERICAN SADDLEBRED; EDUCATION OF THE GENERAL PUBLIC IN THE EXHIBITING, USE AND HISTORY OF AMERICAN SADDLEBRED HORSES AND IMPROVEMENT OF THE BREED; PROMOTING THE HUMANE TREATMENT OF AMERICAN SADDLEBRED HORSES; STIMULATING AND PROMOTING INTEREST IN ALL MATTERS PERTAINING TO THE HISTORY, BREEDING, EXHIBITING AND IMPROVEMENT OF THE BREED; ENCOURAGING SAFE EQUESTRIAN ACTIVITIES; EDUCATING YOUTH WITH RESPECT TO SAFE AND PROPER HORSEMANSHIP AND THE SHOWING OF HORSES BY PROMOTING THE FORMATION OF YOUTH ASSOCIATIONS AND THE DISSEMINATION OF EDUCATION MATERIALS; AND AWARDING SCHOLARSHIPS TO PARTICIPANTS IN YOUTH HORSE PROGRAMS.
  2. $1.1 million spent. REGISTER AMERICAN SADDLEBRED HORSES, MAINTAIN ARCHIVE OF REGISTERED RULES AND REGULATIONS FOR PARTICIPANTS AND BREED ISSUES. GUARD PURITY OF THE BREED AND DEVELOP HIGH STANDARDS FOR THE BREEDING OF THE AMERICAN SADDLEBRED. REGULATE ALL MATTERS PERTAINING TO THE BREEDING AND IMPROVEMENT OF THE AMERICAN SADDLEBRED BREED.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 1990.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.