Summerwinds Stables Inc
- Assets
- $298.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hartly, DE
- Founding
- 06/2002
- Data as of
- 12/2019
- EIN
- 51-0407643
Organization Overview
Summerwinds Stables Inc is located in Hartly, DE. The organization was established in 2002. 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. Summerwinds Stables 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 12/2019, Summerwinds Stables Inc generated $51.6k 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 (4.5%) each year. All expenses for the organization totaled $21.0k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (21.4%) per year over the past 4 years. 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 |
|---|---|---|---|
Adrianna Disilvestro Vice-President | 15 | $0 | |
Elena Gowe Executive Director | 30 | $0 | |
Anthony Leva Treasuer | 10 | $0 | |
Courtney Fussell Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,600 |
| 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 | $51,600 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,970 |
| Total expenses | $20,970 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,863 |
| Other assets | $0 |
| Total assets | $298,244 |
| Total liabilities | $0 |
| Net assets or fund balances | $298,244 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania Harness Horsemens Association Chester, PA | $47,723,168 | $7,569,633 |
Washington International Horseshow Association Ltd Annapolis, MD | $661,387 | $2,450,328 |
Meadowbrook Foundation Inc Chevy Chase, MD | $4,161,973 | $2,176,434 |
Maryland Thoroughbred Horsemans Association Owings Mills, MD | $1,933,805 | $1,645,385 |
Pennsylvania Horse Breeders Association Inc Kennett Square, PA | $833,317 | $1,478,049 |
Thorncroft Equestrian Center Malvern, PA | $14,841,730 | $1,605,648 |
National Steeplechase Association Inc Elkton, MD | $2,246,962 | $1,167,801 |
Princeton Show Jumping Charities Inc Princeton, NJ | $282,300 | $983,157 |
Dressage At Devon Downingtown, PA | $164,087 | $746,882 |
Plantation Field Equestrian Events Inc Unionville, PA | $211,293 | $521,664 |
Special Equestrians Warrington, PA | $487,172 | $490,916 |
Northwestern Stable Inc Philadelphia, PA | $404,792 | $478,075 |