Alpaca Owners Association Inc
- Assets
- $1.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Lincoln, NE
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 91-1688486
Organization Overview
Alpaca Owners Association Inc is located in Lincoln, NE. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Alpaca Owners Association Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpaca Owners Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Alpaca Owners Association Inc generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AOA'S PRIMARY PURPOSE IS TO PROMOTE AWARENESS OF ALPACAS AND ALPACA PRODUCTS, WHILE MAINTAINING AN OFFICIAL DNA VALIDATED GENEALOGICAL REGISTRY SYSTEM, ADMINISTERING AN ALPACA SHOW SYSTEM, PROVIDING EDUCATION TO THE ASSOCIATION'S MEMBERS AND TO THE PUBLIC ABOUT THE OPERATION OF SUSTAINABLE ALPACA BUSINESSES, MARKETING ALPACAS AND THE USE OF ALPACA PRODUCTS, AND PROMOTING SCIENTIFIC RESEARCH TO THE BENEFIT OF THE ALPACA INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALPACA OWNERS ASSOCIATION, INC. (AOA) PROVIDES A PEDIGREE REGISTRATION SYSTEM AND DATABASE. THIS SYSTEM IS USED FOR MEMBERS TO REGISTER THEIR ALPACAS AND TRANSFER THOSE REGISTRATIONS TO NEW OWNERS WHEN THEY SELL AN ALPACA. THE SYSTEM ALSO MANAGES THE DNA TESTING PROCESS AND PARENTAGE VALIDATION OF ALPACAS WHICH IS REQUIRED FOR EVERY NEW ALPACA REGISTRATION.
ALPACA OWNERS ASSOCIATION, INC. (AOA) PLANS, HOSTS, AND SPONSORS THE NATIONAL ALPACA SHOW AND THE NATURAL FIBER EXTRAVAGANZA EACH YEAR. THE SHOW LOCATION CHANGES EACH YEAR. THESE ARE THE ONLY NATIONAL HALTER AND FLEECE SHOWS IN THE ALPACA INUDSTRY IN THE UNITED STATES.
ALPACA OWNERS ASSOCIATION, INC. (AOA) MANAGES THE NATIONAL SHOW SYSTEM. THE ORGANIZATION ESTABLISHES RULES FOR SHOWS, CERTIFIES THOSE SHOWS, AND MAINTAINS AN INTERNATIONALLY RECOGNIZED JUDGE TRAINING PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Hack President | OfficerTrustee | 0 | $0 |
Sharon Milligan Director | Trustee | 0 | $0 |
Wini Labrecque Director | Trustee | 0 | $0 |
Lynn Edens Treasurer | OfficerTrustee | 0 | $0 |
Scott Miller Director | Trustee | 0 | $0 |
Rhonda Deschner Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Proteus Software Development | 12/30/22 | $102,870 |
Veterinary Diagnostics Center Inc Dna Testing Services | 12/30/22 | $131,934 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,287,431 |
| Investment income | $21,815 |
| 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 | $1,427,090 |
| 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. | $111,567 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $299,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,263 |
| Payroll taxes | $30,685 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,741 |
| Fees for services: Accounting | $12,883 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,061 |
| Advertising and promotion | $0 |
| Office expenses | $37,806 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,492 |
| Travel | $20,889 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $213,894 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,122 |
| Insurance | $16,637 |
| All other expenses | $96,790 |
| Total functional expenses | $1,379,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $177,189 |
| Savings and temporary cash investments | $647,435 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,371 |
| 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 | $23,588 |
| Net Land, buildings, and equipment | $2,955 |
| Investments—publicly traded securities | $507,830 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $86,423 |
| Total assets | $1,457,791 |
| Accounts payable and accrued expenses | $79,669 |
| Grants payable | $0 |
| Deferred revenue | $133,402 |
| 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 | $29,785 |
| Total liabilities | $242,856 |
| Net assets without donor restrictions | $1,214,935 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,457,791 |