National Drive Inc is located in Fithian, IL. The organization was established in 2008. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Drive Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, National Drive Inc generated $75.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $78.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AN ANNUAL GATHERING TO PROMOTE HORSE AND CARRIAGE DRIVING APPRECIATION THROUGH A SERIES OF CLINICS AND DEMONSTRATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Sadler President | 1 | $0 | |
Lyle Petersen Vice President | 1 | $0 | |
Stephen Ivins Director | 1 | $0 | |
Carole Grimsley Secretary/treasurer | 1 | $0 | |
Lenny Courtemanche Director | 1 | $0 | |
Amy Neary Franklin Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $175 |
Total Program Service Revenue | $75,324 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $75,499 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $900 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $76 |
Other expenses | $77,510 |
Total expenses | $78,486 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $21,513 |
Other assets | $0 |
Total assets | $21,513 |
Total liabilities | $0 |
Net assets or fund balances | $21,513 |
Organization Name | Assets | Revenue |
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National Horse Show Association Of America Ltd Lexington, KY | $1,577,659 | $2,858,029 |
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Kentucky Horse Park Foundation Inc Lexington, KY | $11,891,530 | $2,119,028 |
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Kentucky Horsemans Benevolent And Protective Association Inc Louisville, KY | $2,025,353 | $1,522,291 |
Fort Madison Rodeo Corporation Fort Madison, IA | $1,926,637 | $1,322,191 |
United Professional Horsemens Foundation Lexington, KY | $2,711,001 | $1,019,249 |
Friesian Horse Association Of Kentucky Lexington, KY | $441,903 | $699,517 |
Usa Equestrian Trust Inc Lexington, KY | $5,462,054 | $322,842 |
The Missouri Quarter Horse Assn Cape Girardeau, MO | $199,114 | $484,150 |
Iowa Quarter Horse Association Delta, IA | $566,832 | $581,039 |