Kentucky Equine Education Alliance Inc
- Assets
- $66.3k
- Revenue
- $392.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-1089220
Organization Overview
Kentucky Equine Education Alliance Inc is located in Lexington, KY. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Equine Education Alliance Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Kentucky Equine Education Alliance Inc generated $392.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $393.8k during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE AWARENESS OF THE BENEFITS OF KY'S HORSE ECONOMY & TO PROMOTE JOBS & ECONOMIC OPPORTUNITIES THROUGH THE HORSE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKED WITH COMMUNITY GROUPS STATEWIDE TO PROMOTE THE HORSE INDUSTRY TO NEW & YOUNG GROUPS OF PARTICIPANTS.
LOBBIED FOR BENEFICIAL EQUINE LEGISLATION AND EDUCATED ELECTED OFFICIALS ON THE IMPORTANCE OF KY'S HORSE INDUSTRY.
EQUINE INDUSTRY CONFERENCES - CONVENED A TWO-DAY EVENT CONSISTING OF PANEL DISCUSSIONS AND WORKSHOPS THAT ATTRACTED OVER 150 INDUSTRY REPRESENTATIVES, STATE POLICY MAKERS AND EMERGING LEADERS. RECIPIENTS OF THE KEEP INDUSTRY VISION AWARD WERE RECOGNIZED FOR THEIR SERVICE TO KENTUCKY'S HORSE INDUSTRTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Cobb Director | Trustee | 1 | $0 |
Vince Gabbert Director | Trustee | 1 | $0 |
Debra Hamelback Director | Trustee | 1 | $0 |
David Ingordo Director | Trustee | 1 | $0 |
Ken Jackson Director | Trustee | 1 | $0 |
Terry Meyoks Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $392,800 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $392,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $69,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,178 |
| Fees for services: Lobbying | $88,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $189,733 |
| Advertising and promotion | $4,705 |
| Office expenses | $13,764 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,119 |
| Travel | $2,743 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $393,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,149 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $187 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,336 |
| Accounts payable and accrued expenses | $862 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $862 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $65,474 |
| Total liabilities and net assets/fund balances | $66,336 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kentucky Equine Education Alliance Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Biszantz Charitable Foundation Tr Lexington, KY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |