Rbb Inc
- Assets
- $80.4k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Redwood City, CA
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 75-3037954
Organization Overview
Rbb Inc is located in Redwood City, CA. The organization was established in 2002. 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. Rbb 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 12/2021, Rbb Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 4.7% 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
EXCLUSIVELY TO PROMOTE THE EQUESTRIAN SPORT OF REINING, WHICH HAS RECENTLY BECOME AN OLYMPIC COMPETITIVE SPORT. TO ELEVATE PUBLIC AWARENESS OF THE SPORT, ENCOURAGE MORE PEOPLE TO COMPETE, RAISE SKILL LEVELS, EDUCATE THE PUBLIC, AND ENCOURAGE SUPPORT OF THE OLYMPIC GAMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS CORPORATION PROMOTES THE EQUESTRIAN SPORT OF REINING, AN OLYMPIC COMPETITIVE SPORT. THE ORGANIZATION HOLDS FIRST-CLASS REINING EVENTS, REINING BY THE BAY AND CACTUS CLASSIC, WHICH DRAW 600 ENTRIES. THE CORPORATION GIVES NOTICE OF THE EVENT, HANDLES REGISTRATION OF ENTRANTS, ARRANGES FACILITIES, AND MANAGES THE COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Warren Cfo, Secretary | Trustee | 5 | $0 |
Pat Warren President | Trustee | 5 | $0 |
Amanda Brumley Vice President | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $555,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $555,300 |
| Total Program Service Revenue | $980,593 |
| Investment income | $0 |
| 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 | $1,535,893 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,232 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $118,477 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $340,776 |
| Travel | $27,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $206 |
| Insurance | $3,150 |
| All other expenses | $46,795 |
| Total functional expenses | $1,573,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,169 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,226 |
| Total assets | $80,395 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $80,395 |
| Total liabilities and net assets/fund balances | $80,395 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reno Rodeo Association Reno, NV | $7,682,424 | $7,267,043 |
J F Shea Therapeutic Riding Center Inc San Juan Capistrano, CA | $18,381,911 | $5,838,761 |
The Horsepark At Woodside Ltd Woodside, CA | $5,825,426 | $3,874,613 |
Paso Robles Horse Park Foundation Inc Paso Robles, CA | $8,466,644 | $4,825,746 |
Arizona Cutting Horse Association Sonoita, AZ | $358,442 | $3,211,338 |
National Center For Equine Facilitated Therapy Woodside, CA | $7,890,170 | $1,276,046 |
Clovis Horse Show & Festival Assn Clovis, CA | $2,523,034 | $1,947,993 |
Rbb Inc Redwood City, CA | $80,395 | $1,535,893 |
Tucson Rodeo Committee Inc Tucson, AZ | $1,987,361 | $2,029,512 |
Rancho Riding Club Rancho Santa Fe, CA | $2,274,734 | $1,345,001 |
Arizona Reining Horse Association Inc Scottsdale, AZ | $327,080 | $1,052,561 |
Therapeutic Riding Of Tucson Inc Tucson, AZ | $1,737,432 | $1,013,964 |