Southwest Horsemans Association
- Assets
- $423.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver City, NM
- Founding
- 09/1993
- Data as of
- 09/2022
- EIN
- 85-0374230
Organization Overview
Southwest Horsemans Association is located in Silver City, NM. The organization was established in 1993. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Horsemans Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Southwest Horsemans Association generated $45.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $68.0k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
RODEO PRESENTATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Moore Vice President | 5 | $0 | |
Carol Parra Treasurer | 2 | $0 | |
John Frost President | 5 | $0 | |
Jo Anne Miller Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,125 |
| Investment income | $0 |
| Gain or Loss | $8,462 |
| Net Income from Gaming & Fundraising | $36,090 |
| Other Revenue | $0 |
| Total Revenue | $45,677 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $16,102 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,938 |
| Total expenses | $68,040 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,752 |
| Other assets | $0 |
| Total assets | $423,575 |
| Total liabilities | $0 |
| Net assets or fund balances | $423,575 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Cutting Horse Association Sonoita, AZ | $358,442 | $3,211,338 |
Professional Association Of Therapeutic Horsemanship Intl Westminster, CO | $1,976,775 | $2,827,086 |
Houston Polo Club Houston, TX | $639,620 | $2,717,907 |
Colorado Springs Rodeo Association Colorado Springs, CO | $74,186 | $2,419,320 |
Oklahoma Quarter Horse Racing Association Inc Edmond, OK | $3,393,007 | $2,258,601 |
Tucson Rodeo Committee Inc Tucson, AZ | $1,987,361 | $2,029,512 |
Utah Cutting Horse Association Lehi, UT | $334,665 | $1,358,261 |
West Texas Cutting Horse Association Amarillo, TX | $317,039 | $987,985 |
Arizona Reining Horse Association Inc Scottsdale, AZ | $327,080 | $1,052,561 |
Therapeutic Riding Of Tucson Inc Tucson, AZ | $1,737,432 | $1,013,964 |
Oklahoma Quarter Horse Association Inc Oklahoma City, OK | $788,287 | $878,265 |
Texas Senior Pro Rodeo Assoc Inc Gatesville, TX | $32,489 | $804,765 |