Rocky Mountain Quarter Horse Association

Organization Overview

Rocky Mountain Quarter Horse Association is located in Brighton, CO. The organization was established in 1973. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 10/2023, Rocky Mountain Quarter Horse Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mountain Quarter Horse Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 10/2023, Rocky Mountain Quarter Horse Association generated $294.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $258.3k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND ENCOURAGE THE BREEDING AND RAISING OF QUARTER HORSES AND ALL THINGS ALLIED THERETO AND IN SUPPORT THEREOF.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RACE DIVISION AND SHOW & PERFORMANCE DIVISION PROGRAMS PROVIDE OPPORTUNITIES FOR RACING AND SHOWING QUARTER HORSES AND IMPROVEMENT OF THE BREED BY REWARDING COMPETITIVE EXCELLENCE.


YOUTH PROGRAMS PROMOTE INVOLVEMENT OF YOUNG PEOPLE IN QUARTER HORSE ACTIVITIES.


FROM THE ORGANIZATION'S MAGAZINE, MEMBERS PARTICIPATING IN QUARTER HORSE ACTIVITIES RECEIVE INFORMATION PROMOTING IMPROVEMENT OF THE BREED FROM ARTICLES AND TRAINING PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Victor Cervantes
Director
$0
Howie Chavers
Vice Preside
$0
Cody Crow
Director
$0
Jimmy Daurio
Vice Preside
$0
Douglas George
Secretary
$0
Mark Guynn
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$16,487
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,057
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,544
Total Program Service Revenue$193,931
Investment income $14,679
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $21,469
Net Income from Fundraising Events $4,342
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $294,875

Peer Organizations

Organization NameAssets
Omaha Equestrian Foundation
Omaha, NE
$7,202,103
Arizona Cutting Horse Association
Sonoita, AZ
$3,211,338
Oklahoma Quarter Horse Racing Association Inc
Edmond, OK
$2,832,608
Colorado Springs Rodeo Association
Colorado Springs, CO
$2,592,412
Professional Association Of Therapeutic Horsemanship Intl
Westminster, CO
$2,610,580
Tucson Rodeo Committee Inc
Tucson, AZ
$2,279,643
Nebraska Horsemens Benevolent & Protective Association Inc
Lincoln, NE
$2,358,405
Sheridan Wyo Rodeo Inc
Sheridan, WY
$1,544,315
Arizona Reining Horse Association Inc
Scottsdale, AZ
$1,242,231
Utah Cutting Horse Association
Lehi, UT
$1,080,396
Oklahoma Quarter Horse Association Inc
Oklahoma City, OK
$1,280,757
Therapeutic Riding Of Tucson Inc
Tucson, AZ
$780,455
Dressage Foundation Inc
Lincoln, NE
$1,249,269
Quarter Horse Assoc Of Nebraska
Osceola, NE
$687,181
Heartland Therapeutic Riding Inc
Overland Park, KS
$603,363
Western Dressage Association Of America
Parker, CO
$562,240
Rocky Mountain Reining Horse Association
Johnstown, CO
$524,740
New Mexico Horse Breeders Assoc
Albuquerque, NM
$439,177
California Reining Horse Association
Cave Creek, AZ
$421,159
Grand Canyon Pro Rodeo Association
Marana, AZ
$446,672
Kansas Quarter Horse Association
Louisburg, KS
$463,327
Elk City Rodeo Association
Elk City, OK
$402,926
Kansas State Rodeo Association Inc
Plains, KS
$370,898
Rodeo De Santa Fe Inc
Santa Fe, NM
$372,809
Coffee Creek Riding Center
Edmond, OK
$301,346

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