Reining Horse Sports Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WE CARE FOR AND HONOR OUR REINING COMMUNITY.
- Income
- $699,920
- Spending
- $404,161
- Spent on programs
- 84%
- Reserves
- 77.5 months of spending
- Largest source of income
- donations and private grants, 70%
- Employees
- 0
- Volunteers
- 25
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 74% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 77.5 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 42% of income.
Income trend
5 of 15Income fell 17% on the year before.
Spending floor
15 of 1584% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 98% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 2516 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, 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 (5)
- $107,073 spent. YOUTH:THE YOUTH PROGRAM IN FISCAL YEAR 2025, AWARDED $75,600 IN SCHOLARSHIPS MADE AVAILABLE BY THE FOUNDATION THROUGH SEVERAL YOUTH PROGRAMS. THE AFFILIATE REGIONAL SCHOLARSHIP PROGRAM, FORMERLY KNOWN AS YOUTH TEAM TOURNAMENT PROGRAM, AWARDED $10,200 IN SCHOLARSHIPS; THESE TOURNAMENTS ARE HELD AT THE NRHA AFFILIATE REGIONAL CHAMPIONSHIP SHOWS. PARTICIPANTS IN THE TOURNAMENT MAY APPLY FOR THESE SCHOLARSHIPS AFTER THE CONCLUSION OF THE CHAMPIONSHIP. TWO PER REGION ARE OFFERED.THE REINING HORSE FOUNDATION (RHF) PROVIDES ACADEMIC- AND NEED-BASED SCHOLARSHIPS TO SUPPORT THE EDUCATION OF NRHA AND NRHYA MEMBERS. INITIATED IN 2002, THESE SCHOLARSHIPS ARE AWARDED BASED ON FINANCIAL NEED, ACADEMIC ACHIEVEMENT, EXTRACURRICULAR INVOLVEMENT, NRHA PARTICIPATION, AND REFERENCES. IN FY2025, RHF AWARDED $30,000 IN SCHOLARSHIPS.IN 2024 RHF INTRODUCED THE MERIT SCHOLARSHIP PROGRAM, OFFERING $1,500 AWARDS TO STUDENTS CURRENTLY ENROLLED IN COLLEGE OR TRADE SCHOOL WHO HAVE NOT PREVIOUSLY RECEIVED AN NRHYA/RHF SCHOLARSHIP. IN FY2025, RHF AWARDED $27,000 IN THESE SCHOLARSHIPS.IN FISCAL YEAR 2025, THE FOUNDATION PAID OUT $85,400 IN SCHOLARSHIPS.
- $11,619 spent. YOUTH LEADERSHIP & OFFICERS:"EDUCATING THE FUTURE OF REINING"THE NATIONAL REINING HORSE YOUTH ASSOCIATION (NRHYA) IS A LEADERSHIP ORGANIZATION SUPPORTED BY THE FOUNDATION, OPENT TO ALL YOUTH MEMBERS OF THE ASSOCIATION. NRHYA ELECTS TWO DELEGATES IN EACH REGION OF NRHA COMPETITION AND HAS SIX ELECTED NATIONAL OFFICER POSITIONS - PRESIDENT, VICE PRESIDENT, TREASURER/SECRETARY, HISTORIAN, INTERNATIONAL LIAISON, AND EVENT COORDINATOR. AFFILIATES CAN ALSO ELECT A YOUTH AFFILIATE LIAISON ROLE TO ALLOW FOR MOR LEADERSHIP POSITIONS ACCROSS THE COUNTRY.THE NRHYA HAS INITIATED A YOUTH LEADERSHIP AND EDUCATIONAL PROGRAM TITLED THE VARSITY REINING CLUB ("VRC") THAT IS SUPPORTED BY THE FOUNDATION AND IS OPEN TO ALL YOUTH MEMBERS OF THE ASSOCIATION. THE VRC WAS ESTABLISHED TO ENGAGE YOUTH MEMBERS AND ENCOURAGE THEM TO BECOME MORE ACTIVE AT BOTH LOCAL AND NATIONAL LEVELS. THIS PROGRAM OFFERS NRHYA MEMBERS OPPORTUNITIES TO CONTRIBUTE TO THE YOUTH ASSOCIATION IN ADDITIONA TO DEVELOPING VALUABLE LIFE SKILLS THAT WILL ALLOW THEM TO BE SUCCESSFUL CONTRIBUTING MEMBERS OF SOCIETY. IN ADDITION TO THE YOUTH MEMBERS INTERACTING WITH ONE ANOTHER AND PARTICIPATING IN THE PROGRAM, THE FOUNDATION WANTS TO PROVIDE LIFE SKILLS THAT WILL HELP THEM GROW AND MATURE. STRESSING THE IMPORTANCE OF THE COMMUNITY SERVICE, BEING AN ACTIVE MEMBER IN A GROUP AND LEARNING TO WORK WITH OTHERS, PUBLIC SPEAKING, WRITTEN COMMUNICATIONS SKILLS AND CREATIVITY ARE ALL IMPORTANT SKILLS THAT CAN BE FUTHER DEVELOPED BY PARTICIPATING IN THIS PROGRAM. NRHYA MEMBERS ARE AWARDED POINTS FOR PARTICIPATING IN THE FOLLOWING LEADERSHIP AND EDUCATIONAL TYPE ACTIVITIES OF THE VARSITY REINGING CLUB: COMMUNITY SERVICE, VOLUNTEERING AND ASSISTING AT APPROVED NRHA EVENTS, ASSISTING WITH FUNDRAISING ACTIVITIES OF LOCAL CLUBS, PHOTOGRAPHY OF EQUINE-RELATED ACTIVITIES, CREATIVE WRITING CONCERNING EQUINE EVENTS (FICTIONAL OR NON-FICTIONAL), A NEWS STYLE ARTICLE REPORTING ON FACTUAL EVENTS THAT ARE EQUINE RELATED, ARTS AND CRAFTS WITH AN EQUINE-BASED THEME, AND HOLDING AND ORGANIZING AN NRHYA MEETING. THE FOUNDATION PROVIDES 13 SCHOLARSHIPS TOTALING $5,000 IN TOTAL AWARDS TO THE VRC PROGRAM EACH YEAR, AND THE SCHOLARSHIPS ARE AWARDED BASED ON THE POINTS EARNED BY THE VRC PARTICIPANTS.
- $90,000 spent. CRISIS FUND:"TAKING CARE OF OUR OWN"THE REINING COMMUNITY COMES TOGETHER THROUGH THE DALE WILKINSON MEMORIAL CRISIS FUND TO FINANCIALLY AND EMOTIONALLY SUPPORT MEMBERS FACED WITH SIGNIFICANT HARDSHIPS INCLUDING MEDICAL CRISES, ACCIDENTS, AND DISASTERS. GRANTS CAN COVER EXPENSES AND LOSSES NOT COVERED BY INSURANCE. AFTER REVIEW AND FOLLOWING GUIDLINES FOR DISTRIBUTIONS, GIFTS IN THE AMOUNT OF $90,000 WERE DISTRIBUTED THIS YEAR, BASED ON THE DEMONSTRATED NEEDS OF INDIVIDUAL MEMBERS OF NRHA.
- $133,955 spent. PAYMENTS TO AFFILIATED ORGANIZATIONS.
- ALL OTHER AWARDS AND PROGRAM EXPENSES.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.
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