Nevada Quarter Horse Association
- Assets
- $2.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deeth, NV
- Founding
- 01/1980
- Data as of
- 12/2017
- EIN
- 94-2624483
Organization Overview
Nevada Quarter Horse Association is located in Deeth, NV. The organization was established in 1980. 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. Nevada Quarter Horse Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2017, Nevada Quarter Horse Association generated $9.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (63.5%) each year. All expenses for the organization totaled $17.8k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (55.3%) per year over the past 3 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
2017
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE AMERICAN QUARTER HORSE BY PROVIDING HORSE SHOWS SEVERAL TIMES PER YEAR FOR QUARTER HORSE COMPETITION, THEREBY ALLOWING MEMBERS/CONTESTANTS TO EARN POINTS TOWARD NATIONAL AND WORLD CHAMPIONSHIP LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janie Welch Treasurer | 4 | $0 | |
Laurel Wachtel Vice President | 4 | $0 | |
John Welch President | 15 | $0 | |
Debbie Weisheim Secretary | 4 | $0 | |
Trish Clark Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $8,783 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1 |
| Total Revenue | $9,284 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,845 |
| Total expenses | $17,845 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,673 |
| Other assets | $0 |
| Total assets | $2,673 |
| Total liabilities | $12,500 |
| Net assets or fund balances | -$9,827 |