Venango Area Riding For The Handicapped Association Inc is located in Franklin, PA. The organization was established in 1983. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Venango Area Riding For The Handicapped Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venango Area Riding For The Handicapped Association 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 12/2021, Venango Area Riding For The Handicapped Association Inc generated $96.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $138.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. 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
PROVIDE HORSEBACK RIDING AND LESSONS FOR INDIVIDUALS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HORSEBACK RIDING AND LESSONS PROVIDED TO INDIVIDUALS WITH DISABILITIES RESIDING IN VENANGO COUNTY, PENNSYLVANIA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heather Brown Treasurer | Officer | $0 | |
Joyce Fee Vice Preside | Officer | $0 | |
Jaclyn Faunce May President | Officer | $0 | |
Rebecca White Secretary | Officer | $0 | |
Eloise Beach Director | Trustee | $0 | |
Michael Butler Director | Trustee | $0 |
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 | $44,162 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $44,162 |
Total Program Service Revenue | $6,790 |
Investment income | $9,579 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $34,905 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $96,078 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $54,471 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,219 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,079 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,046 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,460 |
Travel | $0 |
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 | $29,500 |
Insurance | $12,249 |
All other expenses | $0 |
Total functional expenses | $138,093 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$1,473 |
Savings and temporary cash investments | $26,610 |
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 | $235,459 |
Investments—publicly traded securities | $128,945 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $389,541 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $326,398 |
Net assets with donor restrictions | $63,143 |
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 | $389,541 |
Over the last fiscal year, we have identified 1 grants that Venango Area Riding For The Handicapped Association Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Samuel And Edith@justus Charitable Trust Pittsburgh, PA PURPOSE: THERAPEUTIC RIDING PROGRAMS | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ohio Harness Horsemens Assn Grove City, OH | $76,103,227 | $69,500,596 |
Jockey Club New York, NY | $77,383,639 | $14,119,358 |
Horsemens Benevolent & Protective Assoc Inc Ohio Division Grove City, OH | $13,638,374 | $9,989,300 |
Pennsylvania Harness Horsemens Association Chester, PA | $47,723,168 | $7,569,633 |
Interscholastic Equestrian Association Inc Chagrin Falls, OH | $1,821,708 | $2,864,631 |
Lphsa Inc Lake Placid, NY | $506,275 | $2,224,218 |
Washington International Horseshow Association Ltd Annapolis, MD | $661,387 | $2,450,328 |
Meadowbrook Foundation Inc Chevy Chase, MD | $4,161,973 | $2,176,434 |
Maryland Thoroughbred Horsemans Association Owings Mills, MD | $1,933,805 | $1,645,385 |
Western New York Harness Horsemens Association Inc Batavia, NY | $1,628,703 | $1,541,793 |
Pennsylvania Horse Breeders Association Inc Kennett Square, PA | $833,317 | $1,478,049 |
Pegasus Farm Hartville, OH | $3,046,238 | $1,440,332 |