North Carolina Quarter Horse Association District V
- Assets
- $77.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsboro, NC
- Founding
- 07/2003
- Data as of
- 12/2023
- EIN
- 56-2057436
Organization Overview
North Carolina Quarter Horse Association District V is located in Pittsboro, NC. The organization was established in 2003. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is the central organization for a national or regional group of organizations. North Carolina Quarter Horse Association District V is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, North Carolina Quarter Horse Association District V generated $87.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $81.3k during the year ending 12/2023. While expenses have increased by 8.9% 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE 4 RECREATIONAL ACTIVIIES AND COMPETITIONS RELATED TO EQUESTRIAN TRAINING AND PERFORMANCE. YOUTH, ADULTS, AND THOSE WITH DISABILITIES WERE INCLUDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Spencer President | 1 | $0 | |
Nick Nixon Vice President | 1 | $0 | |
Susan Smith Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,490 |
| Total Program Service Revenue | $85,270 |
| Membership dues | $0 |
| Investment income | $263 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,023 |
| 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 | $23,888 |
| Occupancy, rent, utilities, and maintenance | $34,345 |
| Printing, publications, postage, and shipping | $1,276 |
| Other expenses | $21,821 |
| Total expenses | $81,330 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,438 |
| Other assets | $0 |
| Total assets | $77,438 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,438 |