American Vaulting Association
- Assets
- $42.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 04/1988
- Data as of
- 12/2021
- EIN
- 46-4823051
Organization Overview
American Vaulting Association is located in Newport Beach, CA. The organization was established in 1988. 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 a subordinate organization within an affiliated group for tax-exemption purposes. American Vaulting Association 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 12/2021, American Vaulting Association generated $48.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $47.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 4 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
INTRODUCING THOUSANS OF PEOPLE TO HORSES, HORSEMANSHIP AND THE SPORT OF EQUESTRIAN VAULTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gibran Stout CEO | 40 | $0 | |
Stephanie Binckes Secretary | 5 | $0 | |
Kelli Sharp CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,575 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,575 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $426 |
| Professional fees and other payments to independent contractors | $100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $87 |
| Other expenses | $46,917 |
| Total expenses | $47,530 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,013 |
| Other assets | $0 |
| Total assets | $42,312 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,312 |
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