Heart Of The Hills Barrel Racing Association is located in Fredericksburg, TX. Heart Of The Hills Barrel Racing Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Heart Of The Hills Barrel Racing Association generated $162.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $163.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
CHILDREN OF FAMILIES ARE ENRICHED BY LEARNING TO CARE FOR AND TRAIN THE HORSES THEY USE IN THE BARREL RACING EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Wetz Executive Director | 10 | $0 | |
Shannon Kramer Executive Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,350 |
| Total Program Service Revenue | $132,308 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,729 |
| Other Revenue | $0 |
| Total Revenue | $162,387 |
| 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 | $814 |
| Occupancy, rent, utilities, and maintenance | $450 |
| Printing, publications, postage, and shipping | $2,781 |
| Other expenses | $159,245 |
| Total expenses | $163,890 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $899 |
| Other assets | $0 |
| Total assets | $11,982 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,982 |