Arkansas Thoroughbred Breeders & Horsemens Association Inc
- Assets
- $192.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hot Springs, AR
- Founding
- 09/1999
- Data as of
- 12/2021
- EIN
- 71-0401332
Organization Overview
Arkansas Thoroughbred Breeders & Horsemens Association Inc is located in Hot Springs, AR. The organization was established in 1999. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Thoroughbred Breeders & Horsemens 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 12/2021, Arkansas Thoroughbred Breeders & Horsemens Association Inc generated $66.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $59.2k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Mcdowell President | 2 | $0 | |
Lewis Mathews Jr Vice Preside | 2 | $0 | |
John 'fritz' Thiel Director | 1 | $0 | |
Linda Anderson Director | 1 | $0 | |
Tim Martin Director | 1 | $0 | |
Tommy Ives Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,214 |
| Membership dues | $11,925 |
| Investment income | $212 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35 |
| Total Revenue | $66,386 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,973 |
| Professional fees and other payments to independent contractors | $990 |
| Occupancy, rent, utilities, and maintenance | $2,175 |
| Printing, publications, postage, and shipping | $11,327 |
| Other expenses | $8,722 |
| Total expenses | $59,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,592 |
| Other assets | $0 |
| Total assets | $192,305 |
| Total liabilities | $9,055 |
| Net assets or fund balances | $183,250 |
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