American Vaulting Association
- Assets
- $351.8k
- Revenue
- $404.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 04/1988
- Data as of
- 12/2023
- EIN
- 23-7376089
Organization Overview
American Vaulting Association is located in Pasadena, CA. The organization was established in 1988. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Vaulting 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 12/2023, American Vaulting Association generated $404.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $384.2k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE AMERICAN VAULTING ASSOCIATION IS TO EXPAND THE RECOGNITION AND ACCESSIBILITY OF EQUESTRIAN VAULTING THROUGHOUT THE UNITED STATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT: PROMOTES EQUESTRIAN VAULTING AS A YOUTH SPORT THROUGH DEMONSTRATIONS AND INFORMATION AT HORSE SHOWS, TRADE SHOWS, AND CONFERENCES. PROVIDES EDUCATIONAL MATERIALS SUCH AS VIDEOS, MANUALS & BOOKS. MAINTAINS AN OFFICE FOR CONTACT AND INFORMATION. PROVIDES A MAGAZINE TO OVER 1,000 MEMBERS.
COMPETITIONS: ORGANIZES AND HOLDS A NATIONAL AND BI-COASTAL COMPETITION WITH OVER 250 PARTICIPANTS COMBINED. RECOGNIZES LOCAL & REGIONAL COMPETITIONS HELD THROUGHOUT THE NATION WITH OVER 2,000 PARTICIPANTS COMBINED.AVA'S VAULTERS REPRESENTED THE UNITED STATES IN THE WORLD CHAMPIONSHIPS. THESE WERE RARE OPPORTUNITIES TO EXTEND OUR INVESTMENTS TO REACH MORE POTENTIAL MEMBERS WHILE PROMOTING AND SHOWCASING THE SPORT OF VAULTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Zielenske VP Competition | OfficerTrustee | 10 | $0 |
Carolyn Bland VP Education | OfficerTrustee | 5 | $0 |
Michelle Mclean VP Development | OfficerTrustee | 10 | $0 |
Jill Hobby Treasurer | OfficerTrustee | 10 | $0 |
Kelley Holly Executive VP | OfficerTrustee | 5 | $0 |
Katherine Ray President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $105,317 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,089 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,406 |
| Total Program Service Revenue | $235,099 |
| Investment income | $6,284 |
| 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 | $404,789 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,886 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,753 |
| Office expenses | $0 |
| Information technology | $10,925 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,631 |
| All other expenses | $110,607 |
| Total functional expenses | $384,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,253 |
| Savings and temporary cash investments | $140,542 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $351,795 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $98,688 |
| 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 | $0 |
| Total liabilities | $98,688 |
| Net assets without donor restrictions | $173,235 |
| Net assets with donor restrictions | $79,872 |
| 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 | $351,795 |