Paso Fino Horse Association Inc
- Assets
- $873.9k
- Revenue
- $810.1k
- Investments
- $727.9k
- Employees
- 6
- Location
- Lexington, KY
- Founding
- 11/1977
- Data as of
- 12/2020
- EIN
- 38-2149906
Organization Overview
Paso Fino Horse Association Inc is located in Lexington, KY. The organization was established in 1977. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2020, Paso Fino Horse Association Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paso Fino 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 12/2020, Paso Fino Horse Association Inc generated $810.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $868.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE PASO FINO HORSE ASSOCIATION IS TO PROTECT AND MAINTAIN THE INTEGRITY OF THE REGISTRY, AND THE MATRUAL CHARACTERISTICS AND HERITAGE OF THE PASO FINO HORSE, PROMOTE AND ENHANCE THE APPEAL AND VERSATILITY OF THE PASO FINO HORSE, AND PROVIDE AND SUPPORT MEMBER SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL AND REGIONAL SHOWS THE CULMINATION OF THE PFHA SHOW SEASON IS THE GRAND NATIONAL CHAMPIONSHIP SHOW, WHICH REQUIRES HORSES TO QUALIFY BY ACCUMULATING THE REQUIRED POINTS AT REGIONAL SHOWS.
REGISTRATIONS, MAINTAIN RECORDS WHICH INCLUDES BLOOD LINES OF THE PASO FINO HORSE, BREEDER LITS, AND LITERATURE THE ASSOCIATION REGISTERS HORSES FROM COUNTRIES OF ALL ORIGIN, SUCH AS COLUMBIA, CUBA, DOMINICAN REPUBLIC, AND PUERTO RICO. ONLY PASO FINO HORSES ARE REGISTERED BY THE ASSOCIATION, AND EACH HORSES BLOODLINES ARE VERIFIED THROUGH DNA TESTING.
PASO FINO HORSE WORLD - THE OFFICIAL PUBLICATION OF THE PASO FINO HORSE ASSOCIATION. IT'S WHERE TO FIND THE LATEST PASO FINO BREED NEWS, SHOW RESULTS, MEMBER STORIES, ASSOCIATION UPDATES, AND MORE FULL ISSUES AVAILABLE ONLINE.
PASO FINO HORSE WORKLD ADVERTISING REVENUE, REGIONAL SHOWS OF THE PASO FINO HORSE, MEMBERSHIP DUES, ETC.
NATIONAL AND REGIONAL SHOWS THE CULMINATION OF THE PFHA SHOW SEASON IS THE GRAND NATIONAL CHAMPIONSHIP SHOW, WHICH REQUIRES HORSES TO QUALIFY BY ACCUMULATING THE REQUIRED POINTS AT REGIONAL SHOWS.
REGISTRATIONS, MAINTAIN RECORDS WHICH INCLUDES BLOOD LINES OF THE PASO FINO HORSE, BREEDER LITS, AND LITERATURE THE ASSOCIATION REGISTERS HORSES FROM COUNTRIES OF ALL ORIGIN, SUCH AS COLUMBIA, CUBA, DOMINICAN REPUBLIC, AND PUERTO RICO. ONLY PASO FINO HORSES ARE REGISTERED BY THE ASSOCIATION, AND EACH HORSES BLOODLINES ARE VERIFIED THROUGH DNA TESTING.
PASO FINO HORSE WORLD - THE OFFICIAL PUBLICATION OF THE PASO FINO HORSE ASSOCIATION. IT'S WHERE TO FIND THE LATEST PASO FINO BREED NEWS, SHOW RESULTS, MEMBER STORIES, ASSOCIATION UPDATES, AND MORE FULL ISSUES AVAILABLE ONLINE.
PASO FINO HORSE WORKLD ADVERTISING REVENUE, REGIONAL SHOWS OF THE PASO FINO HORSE, MEMBERSHIP DUES, ETC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liza Holland Executive Director | Officer | 40 | $65,616 |
Patti Blichmann Secretary & Delegate | OfficerTrustee | 5 | $0 |
Lisa Gorsuch Treasurer And Delega | OfficerTrustee | 5 | $0 |
Ann Crossman VP And Delegate | OfficerTrustee | 5 | $0 |
Sharon London President And Delate | Trustee | 5 | $0 |
Judi Bradbury Regional President | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $810,121 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $810,121 |
| 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. | $65,616 |
| Compensation of current officers, directors, key employees. | $42,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $116,650 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,527 |
| Payroll taxes | $19,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,172 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,649 |
| Advertising and promotion | $44,878 |
| Office expenses | $48,479 |
| Information technology | $30,000 |
| Royalties | $0 |
| Occupancy | $34,987 |
| Travel | $6,813 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $11,412 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,996 |
| All other expenses | $22,739 |
| Total functional expenses | $867,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,123 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,880 |
| 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 | $2,000 |
| Net Land, buildings, and equipment | $68,013 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $727,859 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $873,875 |
| Accounts payable and accrued expenses | $33,056 |
| Grants payable | $0 |
| Deferred revenue | $43,565 |
| 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 | $47,315 |
| Total liabilities | $123,936 |
| Net assets without donor restrictions | $749,939 |
| 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 | $873,875 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Paso Fino Horse Association Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Yarbrough Family Foundation Franklin, TN PURPOSE: UNRESTRICTED | $10,000 |
Yarbrough Family Foundation Franklin, TN PURPOSE: UNRESTRICTED | $10,000 |
Yarbrough Family Foundation Franklin, TN PURPOSE: UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund Indianapolis, IN | $154,194,573 | $61,829,945 |
Brotherhood Of Locomotive Engineers And Trainmen Independence, OH | $27,698,550 | $51,476,707 |
Illinois Agricultural Association Bloomington, IL | $66,126,421 | $53,830,805 |
United Brotherhood Of Carpenters & Joiners Of America Greenwood, IN | $122,593,290 | $51,465,869 |
United Brotherhood Of Carpenters & Joiners Of America Chicago, IL | $110,214,946 | $45,299,424 |
International Union Of Operating Engineers 150 Countryside, IL | $120,458,084 | $50,201,834 |
American Angus Association St Joseph, MO | $50,847,076 | $46,663,578 |
United Mine Workers Of America- International Triangle, VA | $161,084,080 | $29,304,353 |
National Rural Letter Carriers Association Alexandria, VA | $52,984,479 | $50,569,237 |
Prevailing Wage Contractors Association Columbus, OH | $11,505,907 | $33,069,409 |
Chicago Federation Teachers Union Chicago, IL | $16,308,443 | $32,429,863 |
Service Employees International Union Local 1 Chicago, IL | $12,557,999 | $30,120,260 |