Foothills Equestrian Trails Association
- Assets
- $115.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, NC
- Founding
- 12/2002
- Data as of
- 12/2023
- EIN
- 56-1844567
Organization Overview
Foothills Equestrian Trails Association is located in Columbus, NC. The organization was established in 2002. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Foothills Equestrian Trails Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Foothills Equestrian Trails Association generated $67.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $56.5k during the year ending 12/2023. While expenses have increased by 7.7% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
PRESERVED APPROXIMATELY 120 TO 150 MILES OF HISTORIC EQUESTRIAN TRAILS ON PRIVATELY OWNED PROPERTY IN AND AROUND THE HUNTING COUNTRY OF POLK COUNTY NC FOR USE BY MEMBER RIDERS. FUNDED BY MEMBERSHIP DUES FETA WORKS TO PRESERVE A CONNECTED TRAIL SYSTEM ESTABLISHES TRAIL RULES MAINTAINS LIABILITY RELEASES PROVIDES LIABILITY COVERAGE FOR LANDOWNERS AND ENCOURAGES COMMUNITY ENGAGEMENT IN PRESERVING AND ENJOYING THE TRAILS. FETA SERVED APPROXIMATELY 470 RIDING MEMBERS AND 200 LANDOWNERS IN 2023.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Douglas Board Member - Trail Owner Relations | 1 | $0 | |
Lynne Driscoll Board Member - Membership | 8 | $0 | |
Tracey Evans Secretary | 1 | $0 | |
Steve Herbert Vice President | 1 | $0 | |
Rhonda King Board Member - Member Events | 1 | $0 | |
Dan Mcferrin Board Member - Trail Maintenance | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,772 |
| Total Program Service Revenue | $0 |
| Membership dues | $54,560 |
| Investment income | $889 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,221 |
| 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 | $4,923 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,375 |
| Other expenses | $50,227 |
| Total expenses | $56,525 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,647 |
| Other assets | $0 |
| Total assets | $115,647 |
| Total liabilities | $0 |
| Net assets or fund balances | $115,647 |