The Project Stable Foundation Inc
- Assets
- $1.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morriston, FL
- Founding
- 01/1996
- Data as of
- 12/2020
- EIN
- 65-0551042
Organization Overview
The Project Stable Foundation Inc is located in Morriston, FL. The organization was established in 1996. According to its NTEE Classification (N69) the organization is classified as: Equestrian, 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. Project Stable Foundation 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 12/2020, Project Stable Foundation Inc generated $43.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $42.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
EQUESTRIAN AND FARM PROGRAM FOR SPECIAL NEEDS CHILDREN. PROVIDES AGRICULTURAL PROGRAMS, 4-H, FOR SCHOOL AGE CHILDREN AND VOLUNTEER OPPORTUNITY FOR MIDDLE AND HIGH SCHOOL STUDENTS. PROVIDE FOR RETIRED THERAPY HORSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Mccartney Pres | 20 | $0 | |
Sheldon Mccartney Tres | 22 | $0 | |
Hal Axler Dir | 2 | $0 | |
Fred Segal Dir | 2 | $0 | |
Jerry Hawes Dir | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,712 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,712 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $64 |
| Other expenses | $42,855 |
| Total expenses | $42,919 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,160 |
| Other assets | $0 |
| Total assets | $1,161 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,161 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that The Project Stable Foundation Inc has recieved totaling $21,214.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Ocala Marion County Inc Ocala, FL PURPOSE: TO SUPPORT THE FOUNDATION'S MISSION | $21,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $42 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $42 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $42 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chastain Horse Park Ltd Atlanta, GA | $5,890,220 | $3,355,861 |
Georgia Quarter Horse Association St Simon Island, GA | $316,797 | $1,423,621 |
Northeast Florida Equestrian Society Inc Jacksonville, FL | $290,303 | $1,418,012 |
Atlantic Coast Cutting Horse Association Inc Augusta, GA | $234,728 | $1,138,329 |
Equine-Assisted Therapies Of South Florida Inc Boca Raton, FL | $2,620,470 | $1,064,655 |
Georgia Dressage And Combined Training Association Inc Jasper, GA | $172,768 | $610,109 |
Alabama Deep Sea Fishing Rodeo Inc Mobile, AL | $1,333,637 | $501,868 |
Central Florida Hunter & Jumper Assoc Inc Tampa, FL | $100,025 | $533,712 |
Florida Quarter Horse Association Laurel, FL | $461,328 | $613,454 |
Storybook Farm Inc Opelika, AL | $1,160,196 | $640,839 |
Region 12 International Arabian Horse Association Inc Holt, FL | $326,481 | $553,412 |
International Andalusian And Lusitano Horse Association Birmingham, AL | $196,553 | $427,408 |