Iowa Arabian Horse Association
- Assets
- $48.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monticello, IA
- Founding
- 07/1956
- Data as of
- 12/2022
- EIN
- 42-6076822
Organization Overview
Iowa Arabian Horse Association is located in Monticello, IA. The organization was established in 1956. 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. Iowa Arabian Horse Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Iowa Arabian Horse Association generated $102.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $115.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
ALL FUNCTIONAL PROGRAMS AND EVENTS ARE CONDUCTED TO PROMOTE ALL EQUINE BREEDS. THE ARABIAN BREED MOST SPECIFICALLY, EDUCATE & IMPROVE BREEDING STANDARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Maldonado Past Preside | 1 | $0 | |
Sean Thurm President | 1 | $0 | |
Kelly Kaut Vice-Preside | 1 | $0 | |
Deb Brass Secretary | 1 | $0 | |
Sharon Greif Treasurer | 2 | $0 | |
Deb Brass Member Secre | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,540 |
| Total Program Service Revenue | $99,770 |
| Membership dues | $990 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $261 |
| Total Revenue | $102,573 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $100 |
| Other expenses | $114,622 |
| Total expenses | $115,322 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,218 |
| Other assets | $0 |
| Total assets | $48,218 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,218 |