American Shetland Sheepdog Association Foundation is located in Virginia Beach, VA. The organization was established in 2002. 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 an independent organization and not affiliated with a larger national or regional group of organizations. American Shetland Sheepdog Association Foundation 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, American Shetland Sheepdog Association Foundation generated $81.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $48.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE AMERICAN SHETLAND SHEEPDOG BREED
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS, SCHOLARSHIPS AND RESCUE OPERATIONS FOR THE BENEFIT OF THE AMERICAN SHETLAND SHEEPDOG BREED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Speeks President | Officer | 3 | $0 |
Albert Bianchi Jr Treasurer | Officer | 2 | $0 |
Elizabeth Bianchi Secretary | Officer | 1 | $0 |
Sherry Deeds Secretary | Officer | 1 | $0 |
Julie Iverson Vice President | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $44,368 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $44,368 |
Total Program Service Revenue | $0 |
Investment income | $28,824 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $8,180 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $81,372 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $41,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $177 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $569 |
All other expenses | $0 |
Total functional expenses | $48,580 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $68,286 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $562,628 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $630,914 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $630,914 |
Total liabilities and net assets/fund balances | $630,914 |
Over the last fiscal year, American Shetland Sheepdog Association Foundation has awarded $41,500 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
AKC CANINE HEALTH FOUNDATION | | | $17,500 |
Portland, OR | | $12,500 |
Watertown, NY | | $9,500 |
AKC REUNITE | | | $2,000 |
Over the last fiscal year, we have identified 1 grants that American Shetland Sheepdog Association Foundation has recieved totaling $191.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $191 |
Organization Name | Assets | Revenue |
---|---|---|
Retired Racehorse Project Ltd Edgewater, MD | $355,502 | $1,166,766 |
Thoroughbred Owners And Breeders Association Inc Lexington, KY | $3,840,044 | $1,423,625 |
Kentucky Thoroughbred Owners And Breeders Inc Lexington, KY | $2,411,831 | $1,040,440 |
Tennessee Reining Horse Association Speedwell, TN | $77,354 | $452,735 |
Eyes Ears Nose And Paws Inc Chapel Hill, NC | $483,335 | $392,148 |
Virginia Horse Shows Assoc Inc Warrenton, VA | $199,115 | $416,551 |
Mercer County Fair & Horse Show Inc Harrodsburg, KY | $196,569 | $331,638 |
Central Kentucky Reining Horse Association Inc Fairdale, KY | $152,423 | $335,218 |
Salisbury Md Kennel Club Inc Salisbury, MD | $464,414 | $262,686 |
Healing Angels Organization Concord, NC | -$3,462 | $228,303 |
Ohana Preservation Foundation Aldie, VA | $226,715 | $383,211 |
Helping Equines Regain Dignity Tryon, NC | $84,727 | $207,389 |