Arabian Racing Cup
- Assets
- $243.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Smyrna, DE
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 62-1207410
Organization Overview
Arabian Racing Cup is located in Smyrna, DE. The organization was established in 1997. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arabian Racing Cup is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THE ARABIAN BREED THROUGH PRESTIGIOUS RACES AND AWARDS FOR NOMINATORS OF RACING SIRES AND RUNNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Wright Treasurer | 3 | $0 | |
Michelle Morgan Director | 1 | $0 | |
Denise Gault Director | 1 | $0 | |
Diane Waldron Director | 1 | $0 | |
Sue Meyer Director | 1 | $0 | |
Debra Mihaloff Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,203 |
| Other Revenue | $46 |
| Total Revenue | -$4,157 |
| 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 | $10,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,602 |
| Total expenses | $17,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $241,675 |
| Other assets | $0 |
| Total assets | $243,725 |
| Total liabilities | $0 |
| Net assets or fund balances | $243,725 |
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