Great Lakes Quarter Horse Association Inc
- Assets
- $71.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galesburg, MI
- Founding
- 06/1986
- Data as of
- 12/2017
- EIN
- 38-2147266
Organization Overview
Great Lakes Quarter Horse Association Inc is located in Galesburg, MI. The organization was established in 1986. 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. Great Lakes 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 12/2017, Great Lakes Quarter Horse Association Inc generated $30.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $25.7k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
PROMOTE THE GROWTH OF THE QUARTER HORSE INDUSTRY IN THE GREAT LAKES REGION. SPONSOR RACES IN MICHIGAN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Murray President | 10 | $0 | |
Carolyn Bay Director | 1 | $0 | |
Walter Harrison Director | 1 | $0 | |
Mallory Norton Secretary | 5 | $0 | |
Keli Eggleston Director | 1 | $0 | |
Cody Gates Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,684 |
| Membership dues | $770 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,454 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,257 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $20 |
| Other expenses | $24,388 |
| Total expenses | $25,665 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,683 |
| Other assets | $0 |
| Total assets | $71,683 |
| Total liabilities | $17,163 |
| Net assets or fund balances | $54,520 |