Washington State Quarter Horse Association is located in Mckenna, WA. The organization was established in 1996. 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. Washington State 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 12/2021, Washington State Quarter Horse Association generated $495.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $450.9k during the year ending 12/2021. While expenses have increased by 3.8% 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 PROMOTE THE QUARTER HORSE BREED THROUGH DEMONSTRATION EVENTS AND TO TEACH YOUTH ABOUT RAISING AND SHOWING QUARTER HORSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUARTER HORSE SHOWS AND PROGRAMS OPEN TO THE PUBLIC TO PROMOTE THE QUARTER HORSE BREED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janelle Sebring VP | Officer | 1 | $0 |
Linsey Kimbrough Treasurer | Officer | 1 | $0 |
Jane Rodrigues Secretary | Officer | 1 | $0 |
Jacque Huss Past President | Officer | 1 | $0 |
Crysta Keller President | Officer | 1 | $0 |
Eric Gorman Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $8,409 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $660 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,069 |
Total Program Service Revenue | $457,738 |
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 | $14,902 |
Net Income from Gaming Activities | $13,665 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $495,374 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $500 |
Grants and other assistance to domestic individuals. | $8,205 |
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 | $500 |
Fees for services: Accounting | $2,192 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $107,322 |
Advertising and promotion | $1,250 |
Office expenses | $8,108 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $29,954 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,901 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,037 |
All other expenses | $79,251 |
Total functional expenses | $450,944 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $82,563 |
Savings and temporary cash investments | $0 |
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 | $8,232 |
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 | $90,795 |
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 | $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 | $90,795 |
Total liabilities and net assets/fund balances | $90,795 |
Over the last fiscal year, we have identified 1 grants that Washington State Quarter Horse Association has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
American Quarter Horse Association Amarillo, TX PURPOSE: AFFILIATE ACHIEVEMENT AWARD GRANT | $10,000 |
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 |