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Oklahoma · Nonprofit

REINING HORSE FOUNDATION INC

REINING HORSE FOUNDATION INC (Oklahoma) receives grants from 18 organizations whose IRS filings report $473,113 to it, the largest being CARL & CAROLINE SWANSON FOUNDATION ($135,000). 12 of them have funded it in more than one year.

Revenue FY2025
$700k
Funders on record
18
Grants received
$473k
Net assets
$3.2M
12/18 repeat funderspeak grant-dependency 28%
01What it does

What Reining Horse Foundation Inc does

Mission

We care for and honor our reining community.

As stated on its FY2025 Form 990.

Programs

  1. 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.

    $107,073 spentof which $107,073 as grants
    31% of program spending
  2. 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…

    $11,619 spent
    3% of program spending
  3. 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.

    $90,000 spentof which $90,000 as grants
    26% of program spending
  4. Payments to affiliated organizations.

    $133,955 spentof which $133,955 as grants
    39% of program spending
  5. All other awards and program expenses.

    $-1,356 spentof which $-1,356 as grants
    0% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $341,291.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($192k) Expenses 100 ($120k) Net assets 100 ($1.0M)2018 Revenue 80 ($153k) Expenses 122 ($146k) Net assets 101 ($1.0M)2019 Revenue 110 ($211k) Expenses 379 ($455k) Net assets 76 ($774k)2020 Revenue 169 ($325k) Expenses 147 ($177k) Net assets 87 ($885k)2021 Revenue 113 ($216k) Expenses 121 ($145k) Net assets 100 ($1.0M)2022 Revenue 598 ($1.1M) Expenses 172 ($207k) Net assets 190 ($1.9M)2023 Revenue 338 ($650k) Expenses 217 ($261k) Net assets 229 ($2.3M)2024 Revenue 439 ($842k) Expenses 300 ($360k) Net assets 281 ($2.8M)2025 Revenue 365 ($700k) Expenses 336 ($404k) Net assets 313 ($3.2M)
'17'18'19'20'21'22'23'24'25
Revenue (365)Expenses (336)Net assets (313)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.1M to $2.0M (+86%).

$1.0M
$1.0M
$782k
$953k
$1.1M
$2.0M
$2.4M
$2.9M
$3.2M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

70% of REINING HORSE FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (18% for the typical peer).

This organization
Typical peer · 16,206 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$72k
’17
$7k
’18
−$245k
’19
$148k
’20
$71k
’21
$942k
’22
$389k
’23
$482k
’24
$296k
’25
83
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed252020212320211921
Joined·+5+1+2+4+4+3+0+3
No longer listed·101127221
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 9 funders, grant income rose $8k → $63k.

6 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of REINING HORSE FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

REINING HORSE FOUNDATION INC leans on a few funders — its largest provides 29% of grant income and the top three 65%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

42% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund REINING HORSE FOUNDATION INC.

29%
largest funder
65%
top three
~6
effective funders

Largest funder’s share by year: 2017 69% · 2018 60% · 2019 41% · 2020 51% · 2021 41% · 2022 31% · 2023 40% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

57% of REINING HORSE FOUNDATION INC's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

REINING HORSE FOUNDATION INC draws 96% of its grant income from funders outside Oklahoma, across 12 states in all.

WA
MN
MI
NY
WY
CT
CA
NE
AZ
TN
OK
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Oklahoma out of state home

Funder states come from each funder’s own filing. $198k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

REINING HORSE FOUNDATION INC runs a healthier operating margin than three-quarters of the 11,010 recreation & sports nonprofits its size.

Operating margin42% · top quartile
Months of reserve82.9mo · top quartile
Revenue growth (annualized)18% · top quartile

this organization peer median middle 50% of peers· 11,010 recreation & sports nonprofits $100k–$1M, FY2025

Organizations like REINING HORSE FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Oklahoma

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 12%Fundraising 4%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

31%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 24 states

ME
NH
WA
IL
WI
MI
NY
MA
OR
OH
PA
CA
UT
KY
VA
NM
KS
AR
NC
SC
OK
AL
GA
FL

Part of a family of 1 related entity

  • National Reining Horse Association · exempt

Screen this organization

A dated, signed PDF of the compliance screen for REINING HORSE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds REINING HORSE FOUNDATION INC?
REINING HORSE FOUNDATION INC (Oklahoma) receives grants from 18 organizations whose IRS filings report $473,113 to it, the largest being CARL & CAROLINE SWANSON FOUNDATION ($135,000). 12 of them have funded it in more than one year.
How many funders does REINING HORSE FOUNDATION INC have?
IRS filings report 18 organizations giving $473,113 in grants to REINING HORSE FOUNDATION INC, 12 of which have funded it in more than one year.
Who is the largest funder of REINING HORSE FOUNDATION INC?
CARL & CAROLINE SWANSON FOUNDATION is the largest funder on record, with $135,000 in grants. The full list of funders is on this page.
How can an organization like REINING HORSE FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Oklahoma. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 18 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing