Philadelphia Saddle Club Inc is located in Philadelphia, PA. The organization was established in 1990. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Philadelphia Saddle Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Philadelphia Saddle Club Inc generated $50.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $51.6k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDES KNOWLEDGE ABOUT AND ENJOYMENT OF HORSEBACK RIDING AND HORSE CARRIAGE DRIVING TO MEMBERS NUMBER OF CLUB MEMBERS VARIES BETWEEN 10 AND 15
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Hugar Director | 1 | $0 | |
Kristin Thomson Treasurer And Secretary | 10 | $0 | |
Dr Thomas Fitzpatrick President Emeritus | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,130 |
| Total Program Service Revenue | $0 |
| Membership dues | $39,290 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $620 |
| Total Revenue | $50,040 |
| 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 | $11,200 |
| Occupancy, rent, utilities, and maintenance | $34,910 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,443 |
| Total expenses | $51,553 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,199 |
| Other assets | $0 |
| Total assets | $23,009 |
| Total liabilities | $6,810 |
| Net assets or fund balances | $16,199 |