Ligonier Polo Association
- Assets
- $52.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ligonier, PA
- Founding
- Data as of
- 12/2022
- EIN
- 85-1558158
Organization Overview
Ligonier Polo Association is located in Ligonier, PA. 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. Ligonier Polo Association 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 12/2022, Ligonier Polo Association generated $137.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $126.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 2 years. 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
YOUTH INSTRUCTION, COMPETITION, AND SPECTATOR EVENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Teroerde President | 5 | $0 | |
Juan Villamil Vice Preside | 5 | $0 | |
James Perko Jr Secretary | 5 | $0 | |
Theresa Salancy Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,449 |
| Total Program Service Revenue | $41,800 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,247 |
| 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 | $2,915 |
| Occupancy, rent, utilities, and maintenance | $20,160 |
| Printing, publications, postage, and shipping | $253 |
| Other expenses | $102,824 |
| Total expenses | $126,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,135 |
| Other assets | $0 |
| Total assets | $52,200 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,200 |