Rocky Mountain Horse Association
- Assets
- $341.6k
- Revenue
- $357.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Lexington, KY
- Founding
- 04/1988
- Data as of
- 12/2021
- EIN
- 61-1133018
Organization Overview
Rocky Mountain Horse Association is located in Lexington, KY. The organization was established in 1988. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Rocky Mountain Horse Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mountain Horse 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 12/2021, Rocky Mountain Horse Association generated $357.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $322.1k during the year ending 12/2021. While expenses have increased by 1.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ROCKY MOUNTAIN HORSE ASSOCIATION IS DEDICATED TO THE PRESERVATION, PROMOTION, BREEDING, AND DEVELOPMENT OF THE ROCKY MOUNTAIN HORSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROMOTES THE ROCKY MOUNTAIN HORSE BREED THROUGH EVENTS AND SHOWS AND PROVIDES REGISTRATION SERVICES AND INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chastity Adkins President | Officer | 5 | $0 |
Julie Tucker Vice Preside | Officer | 5 | $0 |
Lori Nelson Office Manag | Officer | 40 | $0 |
Gina Purdue Secretary | Officer | 5 | $0 |
Laura Tuttle Treasurer | Officer | 5 | $0 |
Judy Brummer Director Of | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $83,289 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,082 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,371 |
| Total Program Service Revenue | $254,951 |
| Investment income | $4,668 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $357,003 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $74,817 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,295 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,876 |
| Fees for services: Accounting | $5,758 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80 |
| Advertising and promotion | $29,935 |
| Office expenses | $14,930 |
| Information technology | $6,790 |
| Royalties | $0 |
| Occupancy | $10,657 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $221 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,563 |
| All other expenses | $25,357 |
| Total functional expenses | $322,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,482 |
| Savings and temporary cash investments | $225,329 |
| 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 | $3,875 |
| Net Land, buildings, and equipment | $1,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $366 |
| Total assets | $341,552 |
| Accounts payable and accrued expenses | $385 |
| Grants payable | $0 |
| Deferred revenue | $93,632 |
| 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 | $94,017 |
| Net assets without donor restrictions | $153,903 |
| Net assets with donor restrictions | $93,632 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $341,552 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rocky Mountain Horse Association has recieved totaling $184,000.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: general support | $92,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: General Support | $92,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Harness Horsemens Assn Grove City, OH | $76,103,227 | $69,500,596 |
United States Equestrian Federation Inc Lexington, KY | $38,278,605 | $34,125,705 |
Horsemens Benevolent & Protective Assoc Inc Ohio Division Grove City, OH | $13,638,374 | $9,989,300 |
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 |
Interscholastic Equestrian Association Inc Chagrin Falls, OH | $1,821,708 | $2,864,631 |
National Horse Show Association Of America Ltd Lexington, KY | $1,577,659 | $2,858,029 |
Kentucky Horse Park Foundation Inc Lexington, KY | $11,891,530 | $2,119,028 |
Equestrian Events Inc Lexington, KY | $1,466,435 | $412,033 |
Pegasus Farm Hartville, OH | $3,046,238 | $1,440,332 |
Virginia Gold Cup Association Inc Warrenton, VA | $148,262 | $1,262,964 |