New Market Hounds
- Assets
- $58.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jefferson, MD
- Founding
- 09/2010
- Data as of
- 08/2022
- EIN
- 52-0814679
Organization Overview
New Market Hounds is located in Jefferson, MD. The organization was established in 2010. 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. New Market Hounds is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2022, New Market Hounds generated $97.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $90.2k during the year ending 08/2022. While expenses have increased by 3.1% 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
2022
Describe the Organization's Program Activity:
Part 3
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Melton Huntsman | 40 | $46,500 | |
Henry Nylen Kennel Person | 40 | $5,000 | |
Michele Kaloss Chairman | 10 | $0 | |
Christine Carstens Treasurer | 10 | $0 | |
Bonnie Kepner Secretary | 10 | $0 | |
Sharon Hanna Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,313 |
| Total Program Service Revenue | $0 |
| Membership dues | $69,844 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,534 |
| Other Revenue | $0 |
| Total Revenue | $97,691 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,384 |
| Professional fees and other payments to independent contractors | $150 |
| Occupancy, rent, utilities, and maintenance | $11,165 |
| Printing, publications, postage, and shipping | $255 |
| Other expenses | $23,231 |
| Total expenses | $90,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,023 |
| Other assets | $0 |
| Total assets | $58,023 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,023 |
Peer Organizations
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|---|---|---|
Virginia Horse Center Foundation Lexington, VA | $21,949,749 | $6,089,538 |
Pennsylvania Harness Horsemens Association Chester, PA | $47,723,168 | $7,569,633 |
Upperville Colt & Horse Show Inc Upperville, VA | $4,423,395 | $3,060,055 |
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 |
Virginia Gold Cup Association Inc Warrenton, VA | $148,262 | $1,262,964 |
National Steeplechase Association Inc Elkton, MD | $2,246,962 | $1,167,801 |
Dressage At Devon Downingtown, PA | $164,087 | $746,882 |
Plantation Field Equestrian Events Inc Unionville, PA | $211,293 | $521,664 |