Old Capitol Saddle Club
- Assets
- $74.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corydon, IN
- Founding
- 03/1972
- Data as of
- 12/2023
- EIN
- 23-7123674
Organization Overview
Old Capitol Saddle Club is located in Corydon, IN. The organization was established in 1972. 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. Old Capitol Saddle Club 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, Old Capitol Saddle Club generated $66.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $45.1k during the year ending 12/2023. While expenses have increased by 11.6% per year over the past 7 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
2023
Describe the Organization's Program Activity:
Part 3
TO TEACH THE FUNDAMENTALS AND SAFETY OF EQUESTRIAN SPORTS TO THE CHILDREN AND ADULTS OF THE COMMUNITY THROUGH SPORTING ACTIVITIES AND SOCIAL GATHERINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Gadd Board Member | 1 | $0 | |
Penny Zeller Board Member | 1 | $0 | |
Cheryl Yelch Board Member | 1 | $0 | |
Eric Wallace Board Member | 1 | $0 | |
Kim Lake Board Member | 1 | $0 | |
Aaron Franks Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $42,073 |
| Membership dues | $11,206 |
| Investment income | $514 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,177 |
| Other Revenue | $2,595 |
| Total Revenue | $66,565 |
| 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 | $825 |
| Occupancy, rent, utilities, and maintenance | $7,216 |
| Printing, publications, postage, and shipping | $1,626 |
| Other expenses | $35,406 |
| Total expenses | $45,073 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,894 |
| Other assets | $0 |
| Total assets | $74,603 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,603 |