Kentucky Horse Council Inc
- Assets
- $497.0k
- Revenue
- $381.5k
- Investments
- $413.5k
- Employees
- 1
- Location
- Lexington, KY
- Founding
- 08/2004
- Data as of
- 12/2023
- EIN
- 61-1217095
Organization Overview
Kentucky Horse Council Inc is located in Lexington, KY. The organization was established in 2004. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, 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. Kentucky Horse Council Inc 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 12/2023, Kentucky Horse Council Inc generated $381.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $406.7k during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT AND DEVELOP THE KENTUCKY EQUINE COMMUNITY THROUGH EDUCATION AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROTECT AND DEVELOP THE KENTUCKY EQUINE COMMUNITY THROUGH EDUCATION AND LEADERSHIP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawna White President | OfficerTrustee | 8 | $0 |
Jen Roytz Vice President | OfficerTrustee | 1 | $0 |
Amy Parker Treasurer | OfficerTrustee | 2 | $0 |
Stephanie Keeley Secretary | OfficerTrustee | 2 | $0 |
Stephanie Church Director | Trustee | 1 | $0 |
Kassie Creed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,075 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,918 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $231,993 |
| Total Program Service Revenue | $145,315 |
| Investment income | $6,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,236 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $381,481 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,500 |
| 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. | $63,115 |
| Compensation of current officers, directors, key employees. | $9,467 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,987 |
| Payroll taxes | $4,927 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,112 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,908 |
| Advertising and promotion | $1,309 |
| Office expenses | $9,767 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,015 |
| Travel | $3,788 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,533 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $331 |
| Insurance | $9,598 |
| All other expenses | $5,920 |
| Total functional expenses | $406,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,118 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,390 |
| 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 | $2,383 |
| Net Land, buildings, and equipment | $610 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $413,540 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $497,041 |
| Accounts payable and accrued expenses | $4,979 |
| Grants payable | $0 |
| Deferred revenue | $10,110 |
| 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 | $3,918 |
| Total liabilities | $19,007 |
| Net assets without donor restrictions | $478,034 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $497,041 |