Usa Equestrian Trust Inc
- Assets
- $4.0m
- Revenue
- $934.3k
- Investments
- $3.7m
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 05/1959
- Data as of
- 12/2022
- 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 12/2022, USA Equestrian Trust Inc generated $934.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $516.5k during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, USA Equestrian Trust Inc has awarded 110 individual grants totaling $901,754. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan F Balch President And CEO | 20 | $75,000 | |
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 | |
Lendon Gray Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $95,295 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $833,036 |
| Capital Gain Net Income | $833,036 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,919 |
| Total Revenue | $934,250 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,621 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,795 |
| Printing and publications | $0 |
| Other expenses | $143,937 |
| Total operating and administrative expenses | $450,178 |
| Contributions, gifts, grants paid | $66,322 |
| Total expenses and disbursements | $516,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,399 |
| 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 | $308,344 |
| Total assets | $3,995,770 |
| Accounts payable and accrued expenses | $4,510 |
| Grants payable | $0 |
| Deferred revenue | $22,250 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,650 |
| Total liabilities | $31,410 |
Grants Awarded
Over the last fiscal year, Usa Equestrian Trust Inc has awarded $66,870 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATION OF EQUINE PRACTITIONERS FOUNDATION PURPOSE: SUPPORT THE EQUINE DISEASE COMMUNICATION CENTER | $5,000 |
AMERICAN HORSE COUNCIL FOUNDATION PURPOSE: SUPPORT AN ECONOMIC IMPACT STUDY | $5,000 |
AMERICAN HORSE COUNCIL FOUNDATION PURPOSE: SUPPORT THE EQUINE WELFARE DATA COLLECTIVE | $5,000 |
AMERICAN MORGAN HORSE EDUCATIONAL CHARITABLE TRUST PURPOSE: SUPPORT A GENETIC MUTATION STUDY | $4,500 |
ASBURY UNIVERSITY PURPOSE: SUPPORT THE PURCHASE OF SAFETY EQUIPMENT | $2,970 |
FAIR HILL INTERNATIONAL PURPOSE: TO FUND COMPETITION SITE IMPROVEMENTS | $10,000 |