Mercer Island Equestrian Club is located in Mercer Island, WA. The organization was established in 2006. 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. Mercer Island Equestrian Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Mercer Island Equestrian Club generated $167.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $148.7k during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATION AND MAINTENANCE OF EQUESTRIAN FACILITIES; PROVIDING HORSEMANSHIP ACTIVITIES TO AN AVERAGE OF 40 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Suzanne Zahr Treasurer | 1 | $0 | |
Jennifer Brenes President | 1 | $0 | |
Veronica Sayer Vice Preside | 1 | $0 | |
Alyssa Rosenbloom Secretary | 1 | $0 | |
Tracy Clarckson Barn Manager | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $130,226 |
Membership dues | $37,688 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $167,918 |
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 | $29,537 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $119,201 |
Total expenses | $148,738 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $62,487 |
Other assets | $0 |
Total assets | $91,012 |
Total liabilities | $1,150 |
Net assets or fund balances | $89,862 |