Randolph County Equine And Agricultural Association Inc
- Assets
- $1.9m
- Revenue
- $84.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Roanoke, AL
- Founding
- 05/2014
- Data as of
- 09/2020
- EIN
- 46-0737666
Organization Overview
Randolph County Equine And Agricultural Association Inc is located in Roanoke, AL. The organization was established in 2014. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Randolph County Equine And Agricultural Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2020, Randolph County Equine And Agricultural Association Inc generated $84.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $171.3k during the year ending 09/2020. 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 ASSOCIATION'S PURPOSE IS TO PROVIDE VARIOUS EDUCATIONAL OPPORTUNITIES TO INDIVIDUALS FROM RANDOLPH AND SURROUNDING COUNTIES INCLUDING PROVIDING LIVESTOCK DEMONSTRATIONS AND EXHIBITION OPPORTUNITIES, ACCESS TO AN OUTDOOR CLASSROOM AND OTHER LEARNING FACILITIES AND SEMINCARS ON VARIOUS LICESTOCK AN
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION'S PURPOSE IS TO PROVIDE VARIOUS EDUCATIONAL OPPORTUNITIES TO INDIVIDUALS FROM RANDOLPH AND SURROUNDING COUNTIES INCLUDING PROVIDING LIVESTOCK DEMONSTRATIONS AND EXHIBITION OPPORTUNITIES, ACCESS TO AN OUTDOOR CLASSROOM AND OTHER LEARNING FACILITIES AND SEMINCARS ON VARIOUS LICESTOCK AND AGRICULTURE-RELATED TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Hubbard President | OfficerTrustee | 1 | $0 |
Linda Briones Vice President | OfficerTrustee | 1 | $0 |
Susanne Hubbard Secretary | OfficerTrustee | 1 | $0 |
Stacey Richardson Treasurer | Trustee | 0.5 | $0 |
Stephanie Herren Executive Director | Trustee | 0.5 | $0 |
Bobby Bowden Chairman - Maintenance | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,824 |
| 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 | $84,079 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,129 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $595 |
| Office expenses | $10,504 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,391 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $67,093 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,045 |
| Insurance | $9,153 |
| All other expenses | $0 |
| Total functional expenses | $171,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,812 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100 |
| Total assets | $1,946,833 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,965,891 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $130,909 |
| Total liabilities | $2,096,800 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$149,967 |