Georgia Quarter Horse Association
- Assets
- $316.8k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- St Simon Island, GA
- Founding
- 05/1969
- Data as of
- 12/2022
- EIN
- 23-7022607
Organization Overview
Georgia Quarter Horse Association is located in St Simon Island, GA. The organization was established in 1969. 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. Georgia Quarter Horse Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Georgia Quarter Horse Association generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 12.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING THE AMERICAN QUARTER HORSE INDUSTRY AND THE BREEDIDNG OF AMERICAN QUARTR HORSES WITHIN THE STATE OF GEORGIA. MEMBERSHIP CONSISTS OF APPROXIMATELY 400 MEMBERS PER YEAR. THE ORGANIZATION ACTIVELY PROMOTES HORSEMANSHIP AND SPORTSMANSHIP THROUGHOUT THE EQUINE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING THE AMERICAN QUARTER HORSE INDUSTRY AND THE BREEDING OF AMERICAN QUARTER HORSES WITHIN THE STATE OF GEORGIA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Lee Secretary | Officer | 5 | $28,333 |
Glenn Wells President | Officer | 2 | $0 |
Rob Meneely Treasurer | Officer | 1 | $0 |
Terry Darby Vice President | Officer | 1 | $0 |
Cydney Benes Director | Trustee | 1 | $0 |
Dean Bogart Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,050 |
| 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 | $4,050 |
| Total Program Service Revenue | $1,419,287 |
| Investment income | $284 |
| 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 | $1,423,621 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,218 |
| 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. | $28,333 |
| 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 | $1,120 |
| Fees for services: Accounting | $4,481 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,575 |
| Advertising and promotion | $5,506 |
| Office expenses | $6,240 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $428,408 |
| Travel | $164,265 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $204 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $706 |
| Insurance | $5,067 |
| All other expenses | $190,797 |
| Total functional expenses | $1,461,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,058 |
| Savings and temporary cash investments | $157,974 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,765 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $316,797 |
| Accounts payable and accrued expenses | $4,418 |
| 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 | $4,418 |
| Net assets without donor restrictions | $312,379 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $316,797 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chastain Horse Park Ltd Atlanta, GA | $5,890,220 | $3,355,861 |
Georgia Quarter Horse Association St Simon Island, GA | $316,797 | $1,423,621 |
Northeast Florida Equestrian Society Inc Jacksonville, FL | $290,303 | $1,418,012 |
Atlantic Coast Cutting Horse Association Inc Augusta, GA | $234,728 | $1,138,329 |
Equine-Assisted Therapies Of South Florida Inc Boca Raton, FL | $2,620,470 | $1,064,655 |
Georgia Dressage And Combined Training Association Inc Jasper, GA | $172,768 | $610,109 |
Alabama Deep Sea Fishing Rodeo Inc Mobile, AL | $1,333,637 | $501,868 |
Central Florida Hunter & Jumper Assoc Inc Tampa, FL | $100,025 | $533,712 |
Florida Quarter Horse Association Laurel, FL | $461,328 | $613,454 |
Storybook Farm Inc Opelika, AL | $1,160,196 | $640,839 |
Region 12 International Arabian Horse Association Inc Holt, FL | $326,481 | $553,412 |
International Andalusian And Lusitano Horse Association Birmingham, AL | $196,553 | $427,408 |