Wahset is located in Mount Vernon, WA. The organization was established in 2007. 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. Wahset 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 08/2022, Wahset generated $99.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $127.5k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS EXEMPT ORGANIZATIONS ONLY PURPOSE IS TO HOST HIGH SCHOOL EQUESTRIAN COMPETITIONS IN WASHINGTON STATE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandon Garrison Chairperson | 5 | $0 | |
Melanie Rodewald Co Chairperson | 3 | $0 | |
Tira Hancock Secretary | 3 | $0 | |
Michelle Padilla Treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $70 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $99,814 |
Other Income | $0 |
Total Revenue | $99,884 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $35,633 |
Printing and publications | $1,200 |
Other expenses | $89,520 |
Total operating and administrative expenses | $127,453 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $127,453 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $258,018 |
Savings and temporary cash investments | $46,797 |
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 | $67,318 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $372,133 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Organization Name | Assets | Revenue |
---|---|---|
Little Bit Therapeutic Riding Center Redmond, WA | $10,862,062 | $2,671,005 |
National Intercollegiate Rodeo Association Walla Walla, WA | $2,628,196 | $1,958,605 |
Caldwell Night Rodeo Caldwell, ID | $1,843,255 | $1,685,493 |
Idaho Cutting Horse Assn Inc Buhl, ID | $161,331 | $1,157,609 |
The Washington Hunters And Jumper Association Sammamish, WA | $298,303 | $1,154,615 |
Oregon Cutting Horse Association Sublimity, OR | $128,820 | $907,106 |
Oregon High School Equestrian Teams Inc Redmond, OR | $492,938 | $732,077 |
Farm-City Pro Rodeo Inc Hermiston, OR | $666,994 | $894,751 |
Omak Stampede Inc Omak, WA | $198,933 | $660,511 |
Washington State High School Rodeo Association Inc Ellensburg, WA | $285,215 | $575,000 |
Oregon Quarter Horse Assn Inc Newberg, OR | $71,850 | $553,265 |
Eagle Rodeo Inc Eagle, ID | $207,094 | $497,060 |