Nrcha Foundation
- Assets
- $237.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pilot Point, TX
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 82-4846105
Organization Overview
Nrcha Foundation is located in Pilot Point, TX. The organization was established in 2018. 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. Nrcha Foundation 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, Nrcha Foundation generated $85.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $32.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Cushing President | 0.5 | $0 | |
Todd Crawford Secretary | 0.5 | $0 | |
Paul Bailey VP | 0.5 | $0 | |
Trey Neal Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,584 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $192 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,776 |
| 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 | $0 |
| Other expenses | $5,797 |
| Total expenses | $32,797 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $172,469 |
| Other assets | $0 |
| Total assets | $237,267 |
| Total liabilities | $78,250 |
| Net assets or fund balances | $159,017 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nrcha Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $12,500 |
Delaplaine Foundation Inc Frederick, MD PURPOSE: UNRESTRICTED GRANT | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Polo Club Houston, TX | $639,620 | $2,717,907 |
Oklahoma Quarter Horse Racing Association Inc Edmond, OK | $3,393,007 | $2,258,601 |
West Texas Cutting Horse Association Amarillo, TX | $317,039 | $987,985 |
Oklahoma Quarter Horse Association Inc Oklahoma City, OK | $788,287 | $878,265 |
Texas Senior Pro Rodeo Assoc Inc Gatesville, TX | $32,489 | $804,765 |
Houston Dressage Society Inc Spring, TX | $252,483 | $611,801 |
New Mexico Horsemens Association Albuquerque, NM | $18,197,774 | $46,287 |
Will Rogers Range Riders Amarillo, TX | $3,718,415 | $564,661 |
Xit Rodeo And Reunion Inc Dalhart, TX | $366,132 | $462,089 |
Los Fresnos Rodeo Committee Inc Los Fresnos, TX | $560,072 | $542,122 |
Texas Youth Rodeo Association Caldwell, TX | $57,821 | $386,806 |
Lone Star High School Rodeo Assn Inc Kemp, TX | $65,536 | $437,370 |