New Mexico Dressage Chapter Rocky Mountain Dressage Society
- Assets
- $46.5k
- Revenue
- $248.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- Data as of
- 12/2022
- EIN
- 84-4238986
Organization Overview
New Mexico Dressage Chapter Rocky Mountain Dressage Society is located in Santa Fe, NM. New Mexico Dressage Chapter Rocky Mountain Dressage Society 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 12/2022, New Mexico Dressage Chapter Rocky Mountain Dressage Society generated $248.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $242.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 2 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DCNM FOCUSES ON PROVIDING OPPORTUNITIES FOR BASIC THROUGH ADVANCED EDUCATION; RECOGNIZED AND SCHOOLING COMPETITIONS; SYMPOSIA ON SPECIAL TOPICS; AND SUPPORTING ADULT AND YOUNG RIDERS WITH SCHOLARSHIP AND GRANT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A HORSE SHOW SEASON TO DEMONSTRATE THE EDUCATION AND TRAINING OF RIDERS AND HORSES IN THE SPORT OF DRESSAGE WAS HELD BETWEEN 14 MAY 2022 TO 26 SEPTEMBER 2022. SIX USEF LICENSED COMPETITION DAYS WERE HELD AT HIPICO SANTA FE NEW MEXICO. THE COMPETITIONS FEATURED RIDERS OF ALL LEVELS, HORSES OF ALL LEVELS. AMATEUR, PROFESSIONAL AND JUNIOR/YOUNG RIDERS WERE ENTERED. AWARDS AND PRIZES FOR MERIT FROM 1ST THROUGH 6TH PLACE WERE GIVEN. RIDERS ALSO EARNED "QUALIFYING" SCORES TO PROCEED TO CHAMPIONSHIPS FOR THE UNITED STATES DRESSAGE FEDERATION SHOW SYSTEM AND OTHER GOVERNING BODIES IN THE DISCIPLINE OF THE DRESSAGE SPORT. USEF LICENSED JUDGES AWARDED SCORES AND COMMENTS TO THE RIDERS ON THEIR PROFICIENCY AND AREAS OF IMPROVEMENT NEEDED, IF ANY.
THE GRANT AND SCHOLARSHIP PROGRAM WAS IMPLEMENTED IN JUNE 2021 WITH A GRANT FROM THE JACK KAGAN FOUNDATION. THE INTENTION OF THIS GRANT PROGRAM IS TO PROMOTE THE DRESSAGE EDUCATION OF YOUNG RIDERS BETWEEN THE AGES OF 13 AND 21. YOUNG RIDERS COMPLETE A FORMAL GRANT APPLICATION PROCESS AND MUST MEET ESTABLISHED APPLICATION CRITERIA, AS WELL AS PROVIDE FOLLOW UP REPORTING OF THEIR ACTIVITIES FOR WHICH THEY RECEIVED THE GRANT. GRANT AMOUNTS ARE IN INCREMENTS OF $100. A NEW ADULT AMATEUR GRANT WAS INITIATED IN 2022. THIS GRANT ALLOWS ADULT (NON-PROFESSIONAL) RIDERS TO APPLY FOR FINANCIAL ASSISTANCE TO PURSUE EDUCATION THROUGH CLASSROOM TEACHING, CLINIC TEACHING AND REMOTE LEARNING SOURCES. REPAYMENT OF GRANTS IS NOT REQUIRED. IT IS PLANNED TO INCREASE THE GRANT AND SCHOLARSHIP PROGRAM TO $2000 FOR 2023
THE EDUCATION EVENTS PROGRAM WAS INITIATED IN 2021 WITH THE FIRST EVENT PLANNED FOR APRIL 2022 CALLED DEVELOPING COLLECTION. THIS SYMPOSIUM APPLIED FOR GRANT FUNDING FROM THE DRESSAGE FOUNDATION AND THE USDF GMO EDUCATION INITIATIVE. THE LEARNING OBJECTIVE IS TO ALLOW RIDERS AND OBSERVERS TO INCREASE THEIR KNOWLEDGE AND SKILLS IN THE AREA OF HORSE CONFORMATION, HORSE TRAINING AND APPLIED BIOMECHANICAL THEORY TO IMPROVE THE RIDER AND HORSE AS THEY WORK AS A PARTNERSHIP IN DRESSAGE TRAINING AND COMPETITION. THE TOTAL AMOUNT APPLIED FOR WAS $3000.00. IT WAS NOT RECEIVED BEFORE THE CONCLUSION OF 2021. IT WAS RECEIVED IN 2022 AND THE EVENT WAS SUCCESSFULLY PRESENTED. THIS ACTIVITY AND EXPENSES/REVENUE WILL BE REPORTED IN 2022 990 FILING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen Mestas President | OfficerTrustee | 30 | $0 |
Cindy Holloway Vice President | OfficerTrustee | 10 | $0 |
Brian Nenninger Treasurer | OfficerTrustee | 10 | $0 |
Jeffray Ryding Director | Trustee | 10 | $0 |
Nance Mcmanus Director | Trustee | 5 | $0 |
Shelley Bachicha Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $140 |
| Fundraising events | $0 |
| Related organizations | $4,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,240 |
| Total Program Service Revenue | $232,236 |
| Investment income | $0 |
| 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 | $248,476 |
| 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 | $1,035 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,729 |
| Advertising and promotion | $732 |
| Office expenses | $954 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $70,125 |
| Travel | $10,034 |
| 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 | $220 |
| Depreciation, depletion, and amortization | $1,890 |
| Insurance | $702 |
| All other expenses | $3,248 |
| Total functional expenses | $242,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,542 |
| Savings and temporary cash investments | $0 |
| 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 | $7,455 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,517 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $46,514 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $46,514 |
| Net assets with donor restrictions | $0 |
| 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 | $46,514 |