South Carolina Thoroughbred Owners And Breeders Association
- Assets
- $33.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aiken, SC
- Founding
- 09/2007
- Data as of
- 12/2023
- EIN
- 57-0883624
Organization Overview
South Carolina Thoroughbred Owners And Breeders Association is located in Aiken, SC. The organization was established in 2007. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Thoroughbred Owners And Breeders Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, South Carolina Thoroughbred Owners And Breeders Association generated $23.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $24.9k during the year ending 12/2023. While expenses have increased by 11.8% per year over the past 5 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
ANNUAL AWARDS DINNER - RECOGNIZE OUSTANDING BREEDERS IN SOUTH CAROLINA AND ALSO RAISE AWARENESS OF THE THOROUGHBRED INDUSTRY IN THE STATE OF SOUTH CAROLINA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Sadler III President | 2 | $0 | |
Debby Mccutchen Vice President | 2 | $0 | |
Susan Sadler Treasurer | 2 | $0 | |
Wylie Perkins Secratary | 2 | $0 | |
Wihelmina Mcewan Director | 2 | $0 | |
Ted Hoover Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,800 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,070 |
| Other Revenue | $0 |
| Total Revenue | $23,870 |
| 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 | $12,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,897 |
| Total expenses | $24,897 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,494 |
| Other assets | $0 |
| Total assets | $33,494 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,494 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Cattlemens Association Inc Macon, GA | $956,812 | $1,342,625 |
The Livestock Conservancy Inc Pittsboro, NC | $1,099,347 | $1,029,639 |
North Carolina Cattlemens Assn Inc FuquayVarina, NC | $631,539 | $958,403 |
National Independent Poultry & Food Distributors Association Saint Marys, GA | $1,049,608 | $678,169 |
North Carolina Horse Council Raleigh, NC | $358,731 | $353,786 |
South Carolina Quater Horse Association Cross, SC | $59,769 | $359,253 |
North Carolina Poultry Federation Inc Raleigh, NC | $1,972,363 | $486,542 |
North Carolina State Beekeepers Association Hurdle Mills, NC | $256,068 | $269,963 |
South Carolina Cattlemens Association Saluda, SC | $371,690 | $56,020 |
North Carolina Turkey Festival Inc Raeford, NC | $37,306 | $0 |
Senepol Cattle Breeders Association Inc Wilmington, NC | $36,503 | $0 |
South Carolina Thoroughbred Owners And Breeders Association Aiken, SC | $33,494 | $0 |
Catawba Valley Cattlemens Association Claremont, NC | $33,892 | $0 |