Carolina Horse Park Foundation
- Assets
- $4.0m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 11
- Location
- Raeford, NC
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 31-1589061
Organization Overview
Carolina Horse Park Foundation is located in Raeford, NC. The organization was established in 1998. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2021, Carolina Horse Park Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Horse Park 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 12/2021, Carolina Horse Park Foundation generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 8.8% 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
PRESERVING ENVIRONMENTALLY SIGNIFICANT LAND AND PROMOTING NATIONAL ANDAND INTERNATIONAL EQUESTRIAN COMPETITION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVING OPEN LANDS AND PROMOTING NATIONAL AND INTERNATIONALEQUESTRIAN COMPETITION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Murray Executive Director | OfficerTrustee | 40 | $92,308 |
Bryan Rosenberg Chairman | OfficerTrustee | 10 | $0 |
Audrey Wiggins Secretary | OfficerTrustee | 6 | $0 |
John Miller Treasurer | OfficerTrustee | 3 | $0 |
Annie Eldridge Director | Trustee | 1 | $0 |
Candy Allen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $96,097 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $489,055 |
| Noncash contributions included in lines 1a–1f | $3,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $585,152 |
| Total Program Service Revenue | $2,288,982 |
| Investment income | $665 |
| 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 | $2,874,799 |
| 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. | $92,308 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $382,562 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $37,648 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $513,042 |
| Advertising and promotion | $0 |
| Office expenses | $64,413 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,919 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,421 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,218 |
| Insurance | $47,005 |
| All other expenses | $471,557 |
| Total functional expenses | $2,677,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,036 |
| Savings and temporary cash investments | $63,955 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,096 |
| 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 | $35,407 |
| Net Land, buildings, and equipment | $3,638,212 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,628 |
| Total assets | $4,016,334 |
| Accounts payable and accrued expenses | $40,972 |
| Grants payable | $0 |
| Deferred revenue | $38,473 |
| 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 | $563,113 |
| Unsecured mortgages and notes payable | $42,437 |
| Other liabilities | $8,799 |
| Total liabilities | $693,794 |
| Net assets without donor restrictions | $3,284,201 |
| Net assets with donor restrictions | $38,339 |
| 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 | $4,016,334 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Carolina Horse Park Foundation has recieved totaling $99,920.
| Awarding Organization | Amount |
|---|---|
The Buchanan Family Foundation Lake Forest, IL PURPOSE: GENERAL, OPERATING, ENDOWMENT OR CAPITAL. | $55,000 |
Edith H Overly Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $20,000 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES | $10,000 |
The Longleaf Alliance Inc Andalusia, AL PURPOSE: LONGLEAF HABITAT MANAGEMENT AND RESTORATION | $9,289 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $5,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $131 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Endowment Forforestry And Communities Inc Greenville, SC | $281,516,467 | $12,302,581 |
Volgenau Foundation Mclean, VA | $0 | $62,996,362 |
Beaufort County Open Land Trust Inc Beaufort, SC | $14,492,807 | $10,201,216 |
Southern Appalachian Highlands Conservancy Asheville, NC | $74,900,022 | $12,655,425 |
Piedmont Environmental Council Warrenton, VA | $11,176,423 | $6,128,085 |
Ward Burton Wild Life Foundation Halifax, VA | $25,797,227 | $8,618,554 |
Mainspring Conservation Trust Inc Franklin, NC | $16,628,331 | $8,106,773 |
Conserving Carolina Hendersonville, NC | $28,294,759 | $6,454,871 |
Blue Ridge Conservancy Boone, NC | $19,039,159 | $5,980,472 |
North Carolina Coastal Land Trust Wilmington, NC | $57,014,249 | $7,074,843 |
Three Rivers Land Trust Inc Salisbury, NC | $28,118,166 | $3,204,068 |
Lowcountry Land Trust Inc Charleston, SC | $27,548,419 | $2,955,338 |