Arabian Western Pleasure Association
- Assets
- $1.3m
- Revenue
- $485.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Mansfield, TX
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 47-2895492
Organization Overview
Arabian Western Pleasure Association is located in Mansfield, TX. The organization was established in 2017. 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. Arabian Western Pleasure 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, Arabian Western Pleasure Association generated $485.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $281.6k during the year ending 12/2021. While expenses have increased by 11.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE IS TO FOSTER AND ENCOURAGE A GOOD RELATIONSHIP BETWEEN THE AWPA PROFESSIONAL, AMATEURS, AND BREEDERS OF THE ARABIAN AND HALF ARABIAN WESTERN PLEASURE HORSE. TO PROMOTE, ENCOURAGE AND STIMULATE BREEDING OF QUALITY ARABIAN AND HALF ARABIAN WESTERN PLEASURE HORSES. FORMULATE PUBLICITY AND EDUCATIONAL MATERIALS ON THE WESTERN PLEASURE HORSE. INCREASE THE VALUE OF THE WESTERN PLEASURE HORSE BY DEVELOPING A FUTURITY PROGRAM WHERE HIGH DOLLAR PRIZE MONEY MAY BE WON AT SELECTED SHOWS AND EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WESTERN HORSE FUTURITY PROGRAM - STALLION AUCTION WHERE STALLION OWNERS PAY A YEARLY NOMINATION FEE TO INCLUDE THEIR STALLIONS IN THE PROGRAM. A YEARLY AUCTION IS HELD WHERE BREEDINGS (ONE PUREBRED, ONE HALF-ARABIAN, OR ONE OF EACH) OF THE NOMINATED STALLIONS ARE OFFERED TO THE PUBLIC WITH THE HIGHEST BID THE WINNER OF THE BREEDING.MARE NOMINATIONS-MARES CARRYING FOALS OF THE NOMINATED STALLIONS CAN BE NOMINATED FOR A FEE SO THE RESULTING FOAL IS ELIGIBLE TO COMPETE AS A 4 YEAR OLD IN THE DESIGNATED CLASS AT US NATIONALS.US NATIONAL CLASS ENTRY FEES PAID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Dougherty Vice President | Officer | 4 | $0 |
Michele Reser President | Officer | 4 | $0 |
Lori-Kay Frye Treasurer | Officer | 4 | $0 |
Rob Bick Professional | Officer | 4 | $0 |
Josh Quintus Professional | Officer | 4 | $0 |
Michele Culbreth Amateur | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,920 |
| Total Program Service Revenue | $406,930 |
| Investment income | $9,282 |
| 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 | $485,132 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 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 | $818 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,465 |
| Office expenses | $677 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $178 |
| Total functional expenses | $281,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,332 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $979,768 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,254,100 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,254,100 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,254,100 |
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