Poway Valley Riders Association
- Assets
- $185.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Poway, CA
- Founding
- 04/1993
- Data as of
- 12/2023
- EIN
- 95-2795289
Organization Overview
Poway Valley Riders Association is located in Poway, CA. The organization was established in 1993. 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. Poway Valley Riders 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 12/2023, Poway Valley Riders Association generated $87.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $59.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION ENABLES AND SUPPORTS THE PRODUCTION OF UP TO 50 HORSE SHOWS, TOURNAMENTS, CLINICS, AND PROVIDES AWARDS TO THE SUCCESSFUL COMPETITORS, ALL IN CONCERT WITH OUR EXEMPT PURPOSE OF FOSTERING A DIVERSIFIED INTEREST IN HORSES AND FAMILY-RELATED ACTIVITIES, WITH AN EMPHASIS ON ENCOURAGING YOUNG PEOPLE TO TAKE AN ACTIVE ROLE IN THE ORGANIZATION AND IN THEIR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Mahdessian Secretary | 5 | $0 | |
Janice Kall President | 5 | $0 | |
Jim Walls Vice President | 5 | $0 | |
Kasey Bergman Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,548 |
| Total Program Service Revenue | $54,003 |
| Membership dues | $0 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,573 |
| 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 | $912 |
| Occupancy, rent, utilities, and maintenance | $35,426 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,972 |
| Total expenses | $59,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,713 |
| Other assets | $0 |
| Total assets | $185,713 |
| Total liabilities | $6,365 |
| Net assets or fund balances | $179,348 |