Washington State Horse Park Authority Inc is located in Cle Elum, WA. The organization was established in 2011. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., under the broad grouping of Animal-Related and related organizations. As of 12/2022, Washington State Horse Park Authority Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington State Horse Park Authority 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 12/2022, Washington State Horse Park Authority Inc generated $839.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 8 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
TO BUILD, PROMOTE, OPERATE AND SUSTAIN THE PREMIER DESTINATION FOR HORSE ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEVERAL EVENTS WERE HELD AT THE HORSE PARK BY VARIOUS HORSE ORGANIZATIONS INCLUDING A HORSE TRIALS, JUMPER SHOWS, NUMBEROUS TRAINING CLINICS, PONY CLUB CAMPS, AND A RODEO. DAY USERS TOOK TRAIL RIDES, DRILL TEAM PRACTICE, AND USED THE ARENAS FOR TRAINING AND SHOW PRACTICE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Trewin President | OfficerTrustee | 1.5 | $0 |
Kaydee Johnston Vice President | OfficerTrustee | 1.5 | $0 |
Lesie Thurston Secretary | OfficerTrustee | 1.5 | $0 |
Mitch Williams Treasurer | OfficerTrustee | 1.5 | $0 |
Tom Dent Board Member | Trustee | 1.5 | $0 |
Jessica Logan Board Member | Trustee | 1.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $97,350 |
Related organizations | $0 |
Government grants | $10,875 |
All other contributions, gifts, grants, and similar amounts not included above | $115,667 |
Noncash contributions included in lines 1a–1f | $12,250 |
Total Revenue from Contributions, Gifts, Grants & Similar | $223,892 |
Total Program Service Revenue | $605,077 |
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 | $10,695 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $839,664 |
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. | $110,000 |
Compensation of current officers, directors, key employees. | $55,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $103,066 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $23,204 |
Fees for services: Management | $0 |
Fees for services: Legal | $16,269 |
Fees for services: Accounting | $15,076 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $16,133 |
Office expenses | $13,655 |
Information technology | $18,649 |
Royalties | $0 |
Occupancy | $39,900 |
Travel | $1,046 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $290 |
Interest | $2,043 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $360,625 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,032,030 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $430 |
Savings and temporary cash investments | $26,528 |
Pledges and grants receivable | $65,214 |
Accounts receivable, net | $34,660 |
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 | $7,373,490 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,500,322 |
Accounts payable and accrued expenses | $14,877 |
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 | $146,749 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $7,000 |
Total liabilities | $168,626 |
Net assets without donor restrictions | $7,331,696 |
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 | $7,500,322 |