Harmony Amateur Sports Foundation
- Assets
- $8.8m
- Revenue
- $269.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- Encampment, WY
- Founding
- 01/2009
- Data as of
- 12/2022
- EIN
- 26-1616277
Organization Overview
Harmony Amateur Sports Foundation is located in Encampment, WY. The organization was established in 2009. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Harmony Amateur Sports Foundation 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, Harmony Amateur Sports Foundation generated $269.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $2.5m during the year ending 12/2022. 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
PAYMENTS FOR EQUESTRIAN TRAINING, HORSES, EQUIPMENT AND COMPETITION-RELATED TRAVEL EXPENSES AS PART OF THE DIRECT AND ACTIVE CONDUCT OF EXEMPT ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Malone Director, President & Treas. | 0.6 | $0 | |
Leslie A Malone Director, Vice Pres. & Sec. | 0.4 | $0 | |
Rye Austin Excutive Director | 12.5 | $65,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $145 |
| Dividends & Interest | $74,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $178,259 |
| Capital Gain Net Income | $178,259 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,885 |
| Total Revenue | $269,915 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $65,000 |
| Other employee salaries and wages | $28,536 |
| Pension plans, employee benefits | $13,433 |
| Interest | $0 |
| Taxes | $80,244 |
| Depreciation | $1,278,752 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,025,583 |
| Total operating and administrative expenses | $2,493,210 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,493,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $318,867 |
| Net Accounts receivable | $1,639 |
| 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 | $6,791,892 |
| Other assets | $0 |
| Total assets | $8,808,085 |
| 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 |