Minnesota Arabian Horse Association Inc
- Assets
- $124.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 08/1994
- Data as of
- 12/2022
- EIN
- 41-1778068
Organization Overview
Minnesota Arabian Horse Association Inc is located in Bloomington, MN. The organization was established in 1994. 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. Minnesota Arabian 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 12/2022, Minnesota Arabian Horse Association Inc generated $93.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $107.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Lefever Vice Preside | 0 | $0 | |
Brook Matthiesen Director | 0 | $0 | |
Nathan Hastad Director | 0 | $0 | |
Lori Conway Former Presi | 0 | $0 | |
Laura Shaffer Director | 0 | $0 | |
Toni Marie O'daniel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $93,651 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,651 |
| 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 | $22,367 |
| Occupancy, rent, utilities, and maintenance | $45,566 |
| Printing, publications, postage, and shipping | $1,563 |
| Other expenses | $38,341 |
| Total expenses | $107,837 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,826 |
| Other assets | $0 |
| Total assets | $124,796 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,796 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Equestrian Center Kids Kamp Inc Eau Claire, WI | $520,344 | $2,050,754 |
Fort Madison Rodeo Corporation Fort Madison, IA | $1,926,637 | $1,322,191 |
We Can Ride Inc Maple Plain, MN | $568,560 | $706,700 |
Iowa Quarter Horse Association Delta, IA | $566,832 | $581,039 |
Special Methods In Learning Equine Skills Inc Darien, WI | $1,040,733 | $483,328 |
Spooner Rodeo Committee Inc Spooner, WI | $187,474 | $439,420 |
Three Gaits Inc Stoughton, WI | $350,661 | $372,937 |
Handi Riders Inc Sioux Falls, SD | $208,076 | $316,417 |
Heavens Gait Ranch Inc Cedar Grove, WI | $1,589,842 | $1,454,564 |
Killdeer Saddle Club Killdeer, ND | $1,525,623 | $432,250 |
Roughrider Rodeo Association Of North Dakota Inc Sawyer, ND | $109,020 | $231,996 |
North Dakota Quarter Horse Association Lake Park, MN | $64,543 | $0 |