Iowa Arabian Horse Association
- Assets
- $61.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monticello, IA
- Founding
- 07/1956
- Data as of
- 12/2021
- 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 12/2021, Iowa Arabian Horse Association generated $118.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $107.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 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
2021
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 Member Secre | 1 | $0 | |
Sharon Greif Treasurer | 2 | $0 | |
Dawn Ackerson Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,780 |
| Total Program Service Revenue | $115,505 |
| Membership dues | $980 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,265 |
| 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 | $515 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $22 |
| Other expenses | $107,072 |
| Total expenses | $107,609 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,967 |
| Other assets | $0 |
| Total assets | $60,967 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,967 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Equestrian Center Kids Kamp Inc Eau Claire, WI | $520,344 | $2,050,754 |
Omaha Equestrian Foundation Omaha, NE | $87,852 | $1,522,092 |
Nebraska Horsemens Benevolent & Protective Association Inc Lincoln, NE | $12,449,045 | $1,882,455 |
Fort Madison Rodeo Corporation Fort Madison, IA | $1,926,637 | $1,322,191 |
We Can Ride Inc Maple Plain, MN | $568,560 | $706,700 |
Dressage Foundation Inc Lincoln, NE | $5,766,770 | $817,574 |
The Missouri Quarter Horse Assn Cape Girardeau, MO | $199,114 | $484,150 |
Iowa Quarter Horse Association Delta, IA | $566,832 | $581,039 |
Quarter Horse Assoc Of Nebraska Osceola, NE | $246,701 | $486,538 |
Missouri Fox Trotting Horse Breed Association Inc Ava, MO | $602,906 | $461,919 |
Special Methods In Learning Equine Skills Inc Darien, WI | $1,040,733 | $483,328 |
Spooner Rodeo Committee Inc Spooner, WI | $187,474 | $439,420 |