Durant Riding Club
- Assets
- $170.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durant, OK
- Founding
- 11/2014
- Data as of
- 12/2023
- EIN
- 47-2239421
Organization Overview
Durant Riding Club is located in Durant, OK. The organization was established in 2014. 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. Durant Riding Club 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 12/2023, Durant Riding Club generated $140.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $132.8k during the year ending 12/2023. While expenses have increased by 13.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Eric Loftis President | 2 | $0 | |
Jory Whitlock Vice President | 2 | $0 | |
Larhonda Loftis Treasurer | 2 | $0 | |
Rachel Downs Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,601 |
| Total Program Service Revenue | $46,491 |
| Membership dues | $1,600 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,086 |
| Other Revenue | $0 |
| Total Revenue | $140,778 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $5,387 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $127,441 |
| Total expenses | $132,828 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,985 |
| Other assets | $0 |
| Total assets | $170,254 |
| Total liabilities | $0 |
| Net assets or fund balances | $170,254 |