Salado Elite Riders is located in Salado, TX. The organization was established in 2019. 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. Salado Elite Riders 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, Salado Elite Riders generated $47.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.8% each year . All expenses for the organization totaled $44.5k during the year ending 12/2021. While expenses have increased by 45.2% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
THE SALADO ELITE RIDERS ATTENDED IEA SPONSORED SHOWS IN 2019 IN WHICH BOTH MIDDLE AND SECONDARY STUDENTS PARTICIPATED IN EQUESTRIAN COMPETITIONS
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,064 |
Total Program Service Revenue | $0 |
Membership dues | $27,016 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $12,930 |
Total Revenue | $47,010 |
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 | $26,830 |
Occupancy, rent, utilities, and maintenance | $2,600 |
Printing, publications, postage, and shipping | $312 |
Other expenses | $14,747 |
Total expenses | $44,489 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,944 |
Other assets | $0 |
Total assets | $8,886 |
Total liabilities | $0 |
Net assets or fund balances | $8,886 |
Over the last fiscal year, we have identified 1 grants that Salado Elite Riders has recieved totaling $129.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $129 |
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