Professional Horsemens Scholarship Fund Inc % Alex Forman
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Professional Horsemens Scholarship Fund Inc % Alex Forman is a 501(c)(3) organization based in New Hampton, New York, registered in 1967, with $12,820 in FY2025 revenue. CharityIndex grades it B.
112 Ridgebury Rd, New Hampton, NY, 10958 EIN 06-6086137 Since 1967
Revenue (FY2025)
$13K
▲ 10.3% vs prior year
Expenses (FY2025)
$4,489
Net assets
$106K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Professional Horsemens Scholarship Fund Inc % Alex Forman— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating282 mo reserves · +65% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Professional Horsemens Scholarship Fund Inc % Alex Forman: 282 mo reserves · +65% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Professional Horsemens Scholarship Fund Inc % Alex Forman— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Professional Horsemens Scholarship Fund Inc % Alex Forman: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 112 Ridgebury Rd, New Hampton, NY, 10958
- City
- New Hampton
- State
- New York
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1,396 (FY2015) to $13K (FY2025) across 10 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $106K
Operating margin
65.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$106K
Total liabilities
$0
Net assets
$106K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $12,820▲10.3% | $4,489▼17.6% | $105,506▲8.6% | $105,506▲8.6% | 990PF |
| 2024 | $11,619▲65.5% | $5,448▼5.0% | $97,175▲6.8% | $97,175▲6.8% | 990PF |
| 2023 | $7,022▲104% | $5,732▲4.9% | $91,004▲8.2% | $91,004▲8.2% | 990PF |
| 2022 | $3,450▼45.7% | $5,462▼42.4% | $84,095▼18.3% | $84,095▼18.3% | 990PF |
| 2021 | $6,348▼81.1% | $9,488▼57.6% | $102,965▼3.0% | $102,965▼3.0% | 990PF |
| 2020 | $33,581▲1044% | $22,381▲10.5% | $106,105▲11.8% | $106,105▲11.8% | 990PF |
| 2019 | $2,935▼86.9% | $20,258▲26.6% | $94,905▼19.0% | $94,905▼19.0% | 990PF |
| 2017 | $22,360▲6.9% | $16,000 | $117,215▲5.7% | $117,215▲5.7% | 990PF |
| 2016 | $20,921▲1399% | $16,000 | $110,855▲4.6% | $110,855▲4.6% | 990PF |
| 2015 | $1,396 | $16,000 | $105,934 | $105,934 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Professional Horsemens Scholarship Fund Inc % Alex Forman a legitimate nonprofit?
- Yes. Professional Horsemens Scholarship Fund Inc % Alex Forman is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-6086137, based in New Hampton, New York. Donations are tax-deductible.
- What is Professional Horsemens Scholarship Fund Inc % Alex Forman's EIN?
- Professional Horsemens Scholarship Fund Inc % Alex Forman's Employer Identification Number (EIN) is 06-6086137.
- How much revenue does Professional Horsemens Scholarship Fund Inc % Alex Forman report?
- Professional Horsemens Scholarship Fund Inc % Alex Forman reported $12,820 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Professional Horsemens Scholarship Fund Inc % Alex Forman have?
- CharityIndex grades Professional Horsemens Scholarship Fund Inc % Alex Forman B, based on financial health (reserves and operating margin).
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Data for Professional Horsemens Scholarship Fund Inc % Alex Forman (EIN 06-6086137) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.