Commonwealth Equestrian Sports Inc
- Assets
- $138.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Leesburg, VA
- Founding
- 11/1995
- Data as of
- 12/2021
- EIN
- 54-1391698
Organization Overview
Commonwealth Equestrian Sports Inc is located in Leesburg, VA. The organization was established in 1995. 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. Commonwealth Equestrian Sports 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 12/2021, Commonwealth Equestrian Sports Inc generated $185.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $170.6k during the year ending 12/2021. While expenses have increased by 7.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
In Foreman President | 1 | $0 | |
Coree Reuter-Mcnamara Board Member | 1 | $0 | |
Michael Mendell Board Member | 1 | $0 | |
Janet Gunn Secretary | 1 | $0 | |
Abby Foltz Board Member | 1 | $0 | |
Sandy Mccormack Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $202 |
| Total Program Service Revenue | $168,620 |
| Membership dues | $8,964 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,614 |
| Total Revenue | $185,400 |
| 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 | $31,284 |
| Occupancy, rent, utilities, and maintenance | $29,655 |
| Printing, publications, postage, and shipping | $5,245 |
| Other expenses | $104,451 |
| Total expenses | $170,635 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,945 |
| Other assets | $0 |
| Total assets | $138,325 |
| Total liabilities | $2,650 |
| Net assets or fund balances | $135,675 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Commonwealth Equestrian Sports Inc has recieved totaling $44.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $44 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Equestrian Federation Inc Lexington, KY | $38,278,605 | $34,125,705 |
Virginia Horse Center Foundation Lexington, VA | $21,949,749 | $6,089,538 |
United States Dressage Federation Inc Lexington, KY | $12,280,287 | $5,729,896 |
Upperville Colt & Horse Show Inc Upperville, VA | $4,423,395 | $3,060,055 |
National Horse Show Association Of America Ltd Lexington, KY | $1,577,659 | $2,858,029 |
Washington International Horseshow Association Ltd Annapolis, MD | $661,387 | $2,450,328 |
Meadowbrook Foundation Inc Chevy Chase, MD | $4,161,973 | $2,176,434 |
Kentucky Horse Park Foundation Inc Lexington, KY | $11,891,530 | $2,119,028 |
Maryland Thoroughbred Horsemans Association Owings Mills, MD | $1,933,805 | $1,645,385 |
Equestrian Events Inc Lexington, KY | $1,466,435 | $412,033 |
Virginia Gold Cup Association Inc Warrenton, VA | $148,262 | $1,262,964 |
Kentucky Horsemans Benevolent And Protective Association Inc Louisville, KY | $2,025,353 | $1,522,291 |