Usa Equestrian Trust Inc
- Assets
- $5.5m
- Revenue
- $322.8k
- Investments
- $5.1m
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 05/1959
- Data as of
- 12/2020
- EIN
- 13-1764840
Organization Overview
Usa Equestrian Trust Inc is located in Lexington, KY. The organization was established in 1959. 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. USA Equestrian Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, USA Equestrian Trust Inc generated $322.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $593.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, USA Equestrian Trust Inc has awarded 70 individual grants totaling $629,044. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan F Balch President And CEO | 20 | $75,000 | |
William A Roos Asst Secretary/general Counsel | 15 | $50,000 | |
Fred K Sarver Chairman | 1 | $0 | |
Linda L Allen Vice President | 1 | $0 | |
Bob Bell Treasurer | 5 | $0 | |
Guy R Warner Assistant Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $122,225 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $138,032 |
| Capital Gain Net Income | $138,032 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $62,585 |
| Total Revenue | $322,842 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,000 |
| Other employee salaries and wages | $537 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,518 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,810 |
| Printing and publications | $0 |
| Other expenses | $219,443 |
| Total operating and administrative expenses | $502,758 |
| Contributions, gifts, grants paid | $90,603 |
| Total expenses and disbursements | $593,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,669 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $316,594 |
| Total assets | $5,462,054 |
| Accounts payable and accrued expenses | $7,150 |
| Grants payable | $0 |
| Deferred revenue | $28,075 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $16,200 |
| Total liabilities | $51,425 |
Grants Awarded
Over the last fiscal year, Usa Equestrian Trust Inc has awarded $73,128 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Lexington, KY PURPOSE: SUPPORT YOUTH SCHOLARSHIPS | $10,000 |
Washington, DC PURPOSE: SUPPORT THE EQUINE WELFARE DATA COLLECTIVE | $10,000 |
Annapolis, MD PURPOSE: TO FUND YOUTH EDUCATIONAL EXPO | $7,500 |
Westport, CT PURPOSE: SUPPORT A WEBSITE TO MATCH HORSES IN TRANSITION WITH ORGANIZATIONS | $7,500 |
GRAYSON-JOCKEY CLUB RESEARCH FOUNDATION PURPOSE: SUPPORT RESEARCH INTO EQUINE TENDON INJURIES | $5,000 |
Purcellville, VA PURPOSE: SUPPORT LARGE ANIMAL EMERGENCY RESCUE TRAINING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Harness Horsemens Assn Grove City, OH | $76,103,227 | $69,500,596 |
United States Equestrian Federation Inc Lexington, KY | $38,278,605 | $34,125,705 |
Horsemens Benevolent & Protective Assoc Inc Ohio Division Grove City, OH | $13,638,374 | $9,989,300 |
Virginia Horse Center Foundation Lexington, VA | $21,949,749 | $6,089,538 |
United States Dressage Federation Inc Lexington, KY | $12,280,287 | $5,729,896 |
Upperville Colt & Horse Show Inc Upperville, VA | $4,423,395 | $3,060,055 |
Interscholastic Equestrian Association Inc Chagrin Falls, OH | $1,821,708 | $2,864,631 |
National Horse Show Association Of America Ltd Lexington, KY | $1,577,659 | $2,858,029 |
Kentucky Horse Park Foundation Inc Lexington, KY | $11,891,530 | $2,119,028 |
Equestrian Events Inc Lexington, KY | $1,466,435 | $412,033 |
Pegasus Farm Hartville, OH | $3,046,238 | $1,440,332 |
Virginia Gold Cup Association Inc Warrenton, VA | $148,262 | $1,262,964 |