Arkansas Thoroughbred Breeders & Horsemens Association Inc
- Assets
- $219.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hot Springs, AR
- Founding
- 09/1999
- Data as of
- 12/2023
- 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 12/2023, Arkansas Thoroughbred Breeders & Horsemens Association Inc generated $73.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $58.9k during the year ending 12/2023. While expenses have increased by 0.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE REGISTRATION OF REGISTERED ARKANSAS-BRED THOROUGHBREDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Mcdowell President | 40 | $0 | |
Lewis Mathews Jr Vice Preside | 2 | $0 | |
Staton Flurry Director | 2 | $0 | |
Linda Anderson Director | 2 | $0 | |
Tim Martin Director | 2 | $0 | |
Val Yagos Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $57,518 |
| Membership dues | $14,133 |
| Investment income | $2,047 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $176 |
| Total Revenue | $73,874 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,964 |
| Professional fees and other payments to independent contractors | $1,380 |
| Occupancy, rent, utilities, and maintenance | $3,090 |
| Printing, publications, postage, and shipping | $5,737 |
| Other expenses | $12,731 |
| Total expenses | $58,902 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $182,473 |
| Other assets | $0 |
| Total assets | $219,706 |
| Total liabilities | $23,410 |
| Net assets or fund balances | $196,296 |