Wyoming All Breeds Racing Association - 2 Inc
- Assets
- $125.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lander, WY
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 47-2668707
Organization Overview
Wyoming All Breeds Racing Association - 2 Inc is located in Lander, WY. The organization was established in 2016. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, 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. Wyoming All Breeds Racing Association - 2 Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Wyoming All Breeds Racing Association - 2 Inc generated $188.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $179.7k during the year ending 12/2021. While expenses have increased by 18.1% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTE AND PROTECT THE INTERESTS OF HORSEMEN IN WYOMING.INCREASE LIVE RACING OPPORTUNITIES IN THE STATE.ENHANCE BREEDERS INCENTIVES.REPRESENT HORSEMEN'S INTERESTS TO THE WYOMING PARIMUTUEL RACING COMMISSION, AND WYOMING STATE LEGISLATURE.INCREASE ADDED MONEY FOR PURSES.PROMOTE INVOLVEMENT IN THE SPORT OF HORSE RACING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Lee Vice Chairman | 1 | $0 | |
Gerald Kaul Director | 0.5 | $0 | |
Jessie Whipp Secretary | 1 | $0 | |
George Spiva Chairman | 1 | $0 | |
Erica Jaure Director | 0.5 | $0 | |
Marlene Young Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $185,227 |
| Membership dues | $3,127 |
| Investment income | $77 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $188,431 |
| 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 | $4,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $175,158 |
| Total expenses | $179,708 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,330 |
| Other assets | $0 |
| Total assets | $125,101 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,101 |
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