Ohio Quarter Horse Association Inc is located in Columbus, OH. The organization was established in 1972. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Ohio Quarter Horse Association Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Quarter Horse Association Inc 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, Ohio Quarter Horse Association Inc generated $9.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $8.1m during the year ending 12/2021. 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 OHIO QUARTER HORSE IN HARMONY WITH THE AMERICAN QUARTER ASSOCIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION WORKS TO MEET IT'S MISSION BY ENCOURAGING THE BREEDING AND COMPETITION OF QUARTER HORSES THROUGH MANY PROGRAMS INCLUDING AN EXTENSIVE YEAR-END AWARDS PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Myers Executive Di | OfficerTrustee | 40 | $329,875 |
Roger Landis 2nd Vice Pre | OfficerTrustee | 10 | $0 |
George Seanor 1st Vice Pre | OfficerTrustee | 10 | $0 |
Greg Tordoff President | OfficerTrustee | 10 | $0 |
Rod Atherton Director | Trustee | 10 | $0 |
Cynthia Bauman Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $21,930 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $21,930 |
Total Program Service Revenue | $9,507,568 |
Investment income | $106,760 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $159,541 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,931,832 |
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. | $329,875 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $413,132 |
Pension plan accruals and contributions | $74,301 |
Other employee benefits | $111,878 |
Payroll taxes | $49,242 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,804 |
Fees for services: Accounting | $3,150 |
Fees for services: Lobbying | $60,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,378 |
Advertising and promotion | $7,695 |
Office expenses | $79,694 |
Information technology | $37,330 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $46,756 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $151,100 |
Insurance | $33,628 |
All other expenses | $94,424 |
Total functional expenses | $8,092,451 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,991,664 |
Savings and temporary cash investments | $3,719,626 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $136,953 |
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 | $4,786,861 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $16,635,104 |
Accounts payable and accrued expenses | $15,841 |
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 | $217,892 |
Total liabilities | $233,733 |
Net assets without donor restrictions | $13,277,952 |
Net assets with donor restrictions | $3,123,419 |
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 | $16,635,104 |
Over the last fiscal year, we have identified 1 grants that Ohio Quarter Horse Association Inc has recieved totaling $12,925.
Awarding Organization | Amount |
---|---|
American Quarter Horse Association Amarillo, TX PURPOSE: WORLD SHOW | $12,925 |