Farrier Industry Association Inc
- Assets
- $122.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 09/1990
- Data as of
- 12/2023
- EIN
- 61-1167157
Organization Overview
Farrier Industry Association Inc is located in Lexington, KY. The organization was established in 1990. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farrier Industry Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Farrier Industry Association Inc generated $81.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $90.5k 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
TO ADVANCE PUBLIC AWARENESS OF FARRIER RELATED BUSINESSES AND PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Hickcox President | 1 | $0 | |
Eric Nygaard Vice President | 1 | $0 | |
John Harshbarger Treasurer | 1 | $0 | |
Audrie Salsbury Secretary | 1 | $0 | |
Chuck Milne Past President | 1 | $0 | |
Erin Baayen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $60,950 |
| Membership dues | $19,250 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $942 |
| Total Revenue | $81,142 |
| 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 | $39,167 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $688 |
| Other expenses | $50,651 |
| Total expenses | $90,506 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,498 |
| Other assets | $0 |
| Total assets | $122,498 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,498 |