THE AMERICAN MORGAN HORSE EDUCATIONAL CHARITABLE TRUST Charity Report

Public IRS 990 nonprofit record

THE AMERICAN MORGAN HORSE EDUCATIONAL CHARITABLE TRUST

EIN 30-6041200 · Public Foundations (T30)

What they do

1) ON-GOING EDUCATIONAL EFFORTS to SUPPORT AN UNDERSTANDING of THE HISTORY and BENEFITS DERIVED FROM RAISING and OWNING MORGAN HORSES; 2) ENCOURAGE AN APPRECIATION of MORGAN HORSES, 3) EDUCATE THE GENERAL POPULATION REGARDING THE SUBSTANTIAL BENEFITS PROVIDED BY EQUINE ACTIVITIES, 4) ACTIVELY ENGAGE THE MORGAN COMMUNITY to ENSURE THAT A QUALITY of ENRICHING EXPERIENCE is AVAILABLE to LEADERS and WORKERS IN THE MORGAN HORSE COMMUNITY of TOMORROW and 5) BUILD PUBLIC AWARENESS and KNOWLEDGE of THE MORGAN HORSE BREED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.61%of revenue went to mission work83.0% of expenses · Program services

6.87%of revenue went to fundraising6.6% of expenses

$104.40spent for every $100 of revenueSpending was higher than revenue this year.

10.92%of revenue went to management and office costs10.5% of expenses

$0.50in assets for every $1 spent this yearSome assets cannot be spent right away.

5.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $102,844 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $9,151 for CARRIE MORTENSEN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,339,334

Mission workProgram services$2,026,15486.61% of revenue83.0% of expenses

ManagementOffice and general costs$255,42510.92% of revenue10.5% of expenses

FundraisingAsking for donations$160,5996.87% of revenue6.6% of expenses

Total expenses$2,442,178104.40% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.0% mission · 10.5% management · 6.6% fundraisingTotal expenses: 104.40% of revenue

2023Expense mix: 82.3% mission · 9.5% management · 8.2% fundraisingTotal expenses: 95.05% of revenue

2022Expense mix: 83.1% mission · 10.3% management · 6.7% fundraisingTotal expenses: 95.92% of revenue

2021Expense mix: 85.5% mission · 9.7% management · 4.8% fundraisingTotal expenses: 88.66% of revenue

2020Expense mix: 85.0% mission · 10.6% management · 4.4% fundraisingTotal expenses: 82.22% of revenue

2019Expense mix: 81.8% mission · 12.8% management · 5.5% fundraisingTotal expenses: 98.41% of revenue

2018Expense mix: 90.4% mission · 8.7% management · 0.9% fundraisingTotal expenses: 95.28% of revenue

2017Expense mix: 90.8% mission · 8.3% management · 0.8% fundraisingTotal expenses: 98.25% of revenue

Money in and money out

Revenue$2,339,334

Expenses$2,442,178

Annual shortfall $102,844 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,026,154 · 83.0% of expenses

Management and office costs$255,425 · 10.5% of expenses

Fundraising$160,599 · 6.6% of expenses

See all reported dollar amounts

Revenue$2,339,334

Expenses$2,442,178

Assets$1,211,699

Income$2,248,544

Contributions$129,240

Mission work (program services)$2,026,154

Fundraising$160,599

Grants given$455,085

Average grant$45,509

Management and general$255,425

Accounting fees$12,971

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CARRIE MORTENSENEXECUTIVE DIRECTOR · 5 hrs/week $9,151Base · Other $9,151

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

CARRIE MORTENSENEXECUTIVE DIRECTOR

CA LEE IIIPRESIDENT

CAROL FLETCHERFINANCE CHAIR

DALLAS BOLENTRUSTEE

DIANE LENTSTRUSTEE (START 2024)

LINDA BREWER END 2024TRUSTEE

LYN ESTELLTRUSTEE

MEREDITHE BODNARTRUSTEE

MERIN MAGGITRUSTEE

STEVEN HANDYTRUSTEE

TERRI STURMTRUSTEE

About this charity

Recognized since: February 2003
Location: 4037 IRON WORKS PKWY STE 130, LEXINGTON, KY 405118508
County: Fayette
In care of: CARRIE MORTENSEN
Primary officer: CARRIE MORTENSEN, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(802) 985-4944

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: MCSOLEY MCCOY & CO
NTEE classification: Public Foundations (T30)
IRS tax category: Public Foundations
Grant-giving organization: Yes