National Reined Cow Horse Foundation Inc
- Assets
- $288.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Ynez, CA
- Founding
- 03/1999
- Data as of
- 12/2019
- EIN
- 77-0470297
Organization Overview
National Reined Cow Horse Foundation Inc is located in Santa Ynez, CA. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Reined Cow Horse Foundation Inc 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 12/2019, National Reined Cow Horse Foundation Inc generated $65.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $53.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (27.8%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE YOUTH SCHOLARSHIPS, HALL OF FAME RECOGNITION, AND CRISIS FUNDING FOR MEMBERS OF THE REIGNED COW HORSE INDUSTRY.
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP GRANTS AWARDED TO YOUTH RIDERS AT THE NRCHA WORLD SHOW AND AFFILIATE SCHOLARSHIP GRANTS
HALL OF FAME - VIDEO, DRAWINGS/PHOTOS OF RECIPIENTS, AND COMMEMORATIVE RINGS TO HONOR EXEMPLARY RIDERS
GRANTS AWARDED TO MEMORIALIZE OR HELP COW HORSE RIDERS IN MEDICAL OR OTHER CRISIS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Robinson President | 1 | $0 | |
John Ward Secretary | 0.5 | $0 | |
Howard Erenberg Treasurer | 1 | $0 | |
Michael Lippman Director | 0.5 | $0 | |
Jake Parnell Director | 0.5 | $0 | |
Casey Branquinho Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15,767 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,767 |
| 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 | $1,611 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $105 |
| Total expenses | $53,202 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,622 |
| Other assets | $0 |
| Total assets | $288,836 |
| Total liabilities | $76,875 |
| Net assets or fund balances | $211,961 |