Civic Intelligence

Interscholastic Equestrian Association Inc.

990 • Fiscal year 2023 • EIN 20-5381112

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 10, 2024

PO Box 809Chagrin Falls, OH 44022

(440) 463-4452

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

49th percentile

0.06x

Higher debt load relative to assets than 49% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

46th percentile

2.4%

Higher net margin than 46% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

69th percentile

$104,410

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

60th percentile

8.4%

Faster asset growth than 60% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

1.1%

Faster revenue growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$2,129,941

Flat from 2023

Net Assets

Flat

$2,000,865

Flat from 2023

Liabilities

Flat

$129,076

Flat from 2023

Revenue

Flat

$3,423,303

Flat from 2023

Expenses

Flat

$3,340,500

Flat from 2023

Net Income

Flat

$82,803

Flat from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2012: $446,129Liabilities 2012: $0Net Assets 2012: $446,1292012Assets 2013: $581,962Liabilities 2013: $0Net Assets 2013: $581,9622013Assets 2014: $757,066Liabilities 2014: $51,563Net Assets 2014: $705,5032014Assets 2015: $911,127Liabilities 2015: $98,279Net Assets 2015: $812,8482015Assets 2016: $1,056,822Liabilities 2016: $84,268Net Assets 2016: $972,5542016Assets 2017: $1,250,139Liabilities 2017: $145,260Net Assets 2017: $1,104,8792017Assets 2018: $1,360,420Liabilities 2018: $112,867Net Assets 2018: $1,247,5532018Assets 2019: $1,296,577Liabilities 2019: $96,696Net Assets 2019: $1,199,8812019Assets 2020: $1,741,084Liabilities 2020: $329,790Net Assets 2020: $1,411,2942020Assets 2021: $1,821,708Liabilities 2021: $214,238Net Assets 2021: $1,607,4702021Assets 2022: $1,964,507Liabilities 2022: $74,032Net Assets 2022: $1,890,4752022Assets 2023: $2,129,941Liabilities 2023: $129,076Net Assets 2023: $2,000,8652023Assets 2023: $2,129,941Liabilities 2023: $129,076Net Assets 2023: $2,000,8652023Assets 2024: $2,350,740Liabilities 2024: $64,674Net Assets 2024: $2,286,0662024

Highlighted filing

2023

Assets$2,129,941
Liabilities$129,076
Net Assets$2,000,865

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $671,193Expenses 2012: $462,733Net Income 2012: $208,4602012Revenue 2013: $900,564Expenses 2013: $764,731Net Income 2013: $135,8332013Revenue 2014: $1,109,601Expenses 2014: $986,060Net Income 2014: $123,5412014Revenue 2015: $2,164,409Expenses 2015: $2,057,064Net Income 2015: $107,3452015Revenue 2016: $2,782,766Expenses 2016: $2,623,060Net Income 2016: $159,7062016Revenue 2017: $2,611,317Expenses 2017: $2,478,992Net Income 2017: $132,3252017Revenue 2018: $2,837,199Expenses 2018: $2,694,525Net Income 2018: $142,6742018Revenue 2019: $2,809,309Expenses 2019: $2,856,981Net Income 2019: -$47,6722019Revenue 2020: $2,400,129Expenses 2020: $2,194,293Net Income 2020: $205,8362020Revenue 2021: $2,864,631Expenses 2021: $2,720,903Net Income 2021: $143,7282021Revenue 2022: $3,386,418Expenses 2022: $3,060,295Net Income 2022: $326,1232022Revenue 2023: $3,423,303Expenses 2023: $3,340,500Net Income 2023: $82,8032023Revenue 2023: $3,423,303Expenses 2023: $3,340,500Net Income 2023: $82,8032023Revenue 2024: $3,766,928Expenses 2024: $3,575,594Net Income 2024: $191,3342024

Highlighted filing

2023

Revenue$3,423,303
Expenses$3,340,500
Net Income$82,803
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 10, 2024
Return Version
2022v5.0
Gross Receipts
$3,423,303
Mission and Program Overview

Mission

Interscholastic equestrian association, inc (iea) is an ohio not-for-profit established in 2006. Iea is organized to promote and expand access to quality team and individual equestrian competition and instruction available to middle and secondary school students. Its purpose shall be to set standards for competition; to provide information concerning the creation and development of equestrian sport programs; to promote the common interests of safe riding instruction; and to educate on matters related to horsemanship at the pre-collegiate level. Iea serves riders who are 18 and under by offering financial and grant programs for equine athletics.

Iea's mission is to promote lifelong involvement in equestrian athletics. Iea wishes to introduce students in grades 4-8 (future) and 9-12 (upper school) to equestrian sports and to develop understanding and appreciation of equestrian sports through organized competitions and educational opportunities. Iea further wishes to inspire and facilitate adults to continue their journey in equestrian athletics for a lifetime.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,049,423$1,196,832▲ $147,409
Investments in Publicly Traded Securities$500,176$657,206▲ $157,030
Savings and Temporary Cash Investments$411,693$261,812▼ $149,881
Accounts Receivable$3,153$14,091▲ $10,938
Land, Buildings, and Equipment, Net$62--
Total Assets$1,964,507$2,129,941▲ $165,434
Liabilities
Accounts Payable and Accrued Expenses$74,031$129,076▲ $55,045
Total Liabilities$74,031$129,076▲ $55,045
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,875,362$1,917,311▲ $41,949
Net Assets With Donor Restrictions$15,114$83,554▲ $68,440
Total Net Assets Fund Balance$1,890,476$2,000,865▲ $110,389
Total Liabilities and Net Assets / Fund Balance$1,964,507$2,129,941▲ $165,434

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$12,580$12,580
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roxane DurantExecutive DiFT$104,410-$104,410
Dustin BoehmerMember-$2,150$5,279$7,429
Katie Morehead-omanMember at La--$4,470$4,470
Katie SchaafPresident-el--$3,428$3,428
Myron LeffFounder--$3,093$3,093
Hannah BentzMember-$900$389$1,289
Amanda GarnerPresident--$812$812
Wayne AckererFounder--$720$720
Nancy ArledgeMember--$711$711
Leah FiorentinoMember at La--$631$631
Cathy MuzzyMember at La--$146$146

Board Members and Trustees

NameTitle
Tim BooneFounder
Samantha FlemingSecretary
Christy LandewehrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,555,396
Program Service Revenue
$1,867,325
Investment Income
$582
Other Revenue
$0
All Other Contributions
$298,310
Change in Net Assets
$82,803

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$191,321
Total Noncash Contributions1$191,321

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,423,303
Revenue Not Reported on Form 990
$27,586
Total Revenue per Audited Statements
$3,450,889
Total Revenue per Form 990
$3,423,303
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,401,813
Salaries, Compensation, and Employee Benefits$938,687
Total Fundraising Expense$52,568
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$623,444$220,494$38,039$881,977
Other Expenses$191,321--$191,321
Insurance$125,826$41,367$5,171$172,364
All Other Expenses$153,681$11,424-$165,105
Advertising$104,162$34,245$4,281$142,688
Information Technology-$83,831-$83,831
Occupancy$53,453$17,573$2,197$73,223
Payroll Taxes$39,646$13,034$1,630$54,310
Travel$51,242--$51,242
Office Expenses$32,534$15,377$1,250$49,161
Fees for Services Accounting-$10,436-$10,436
Other Employee Benefits$1,800$600-$2,400
Fees for Services Legal-$875-$875
Depreciation Depletion-$62-$62
Total Functional Expenses$2,838,614$449,318$52,568$3,340,500

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,340,500
Total Expenses per Audited Statements$3,340,500
Total Expenses per Form 990$3,340,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The board of directors is made up of four founding members or their designees, plus four elected officers, and up to five at large members.

Form 990, Page 6, Part VI, Line 7A

The president-elect is nominated by the general membership and approved by the existing board of directors. Also, regional presidents are elected by members within local chapters.

Form 990, Page 6, Part VI, Line 11B

The federal form 990 is prepared by iea's cpa and is reviewed and approved by the board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

All board members must sign a questionaire regarding potential conflicts of interest at the beginning of each year. Also, at the opening of each board meeting, members are asked if they see a conflict of interest in any of the agenda topics. If there are any potential conflicts of interest, the affected member would be asked to step out of the meeting until that topic is decided.

Form 990, Page 6, Part VI, Line 15A

Wages for the executive director are determined by the exectutive committee and presented to the the board of directors who give final approval for the amount of compensation. All wages, transactions and compensation of any officers or directors are based on comparable market wages and salary surveys.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and finincials are made available to the public upon request. They are publicly available through guidestar.

Filing and Contact Details

Filer

Filer Name
Interscholastic Equestrian Assoc
EIN
20-5381112
Phone
4404634452
Address
PO BOX 809, CHAGRIN FALLS, OH 44022

Signing Officer

Name
Roxane Durant
Title
Executive Director
Phone
4404634452
Signed
2024-04-10

Organization Details

Principal Officer
Roxane Durant
Formed
2006
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
19
Volunteers
160

Preparer

Firm
Mcmanamon & Co LLC
Address
1651 CROSSINGS PKWY D, WESTLAKE, OH 44145-1959
Preparer
Elijah Smith
Phone
4408928900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Iea's mission is to promote lifelong involvement in equestrian athletics. Iea wishes to introduce students in grades 4-8 (future) and 9-12 (upper school) to equestrian sports and to develop understanding and appreciation of equestrian sports through organized competitions and educational opportunities. Iea further wishes to inspire and facilitate adults to continue their journey in equestrian athletics for a lifetime.

Form 990, Page 1, Part I, Line 6

The iea has an infinite number of volunteers at our events, but we do have a core volunteer pool of 104 regional presidents that we regularly count on for organizing the activities in each geographic area of 3-15 teams. We also have several standing committees-total members at 45, on average.

Financial Statement Notes

Schedule D, Page 3, Part X

Iea complies with fasb asc 740- accounting for uncertainty in income taxes. Fasb asc 740 details how companies should recognize, measure, present and disclose uncertain tax positions that have been or are expected to be taken. As such, the financial statements would reflect expected future tax consequences of uncertain tax positions presuming the taxing authorities full knowledge of the position and all relevant facts, if they existed. The management of iea believes that there are no uncertain tax positions. Iea s tax years that remain subject to examination by the internal revenue service are fiscal years ended june 30, 2020 and forward.

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IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13FOUNDER
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IRS990/MissionDesc0IEA'S MISSION IS TO PROMOTE LIFELONG INVOLVEMENT IN EQUESTRIAN ATHLETICS. IEA WISHES TO INTRODUCE STUDENTS IN GRADES 4-8 (FUTURE) AND 9-12 (UPPER SCHOOL) TO EQUESTRIAN SPORTS AND TO DEVELOP UNDERSTANDING AND APPRECIATION OF EQUESTRIAN SPORTS THROUGH ORGANIZED COMPETITIONS AND EDUCATIONAL OPPORTUNITIES. IEA FURTHER WISHES TO INSPIRE AND FACILITATE ADULTS TO CONTINUE THEIR JOURNEY IN EQUESTRIAN ATHLETICS FOR A LIFETIME.
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01875362
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01917311
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IRS990/OccupancyGrp/ManagementAndGeneralAmt017573
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IRS990/OfficeExpensesGrp/FundraisingAmt01250
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IRS990/OfficeExpensesGrp/ProgramServicesAmt032534
IRS990/OfficeExpensesGrp/TotalAmt049161
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt02400
IRS990/OtherExpensesGrp/Desc0ZONE EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc1NATIONAL FINALS EXPENSES
IRS990/OtherExpensesGrp/Desc2ZONE - NATIONAL OFFICIALS
IRS990/OtherExpensesGrp/Desc3IN KIND EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0961023
IRS990/OtherExpensesGrp/ProgramServicesAmt1297079
IRS990/OtherExpensesGrp/ProgramServicesAmt2203403
IRS990/OtherExpensesGrp/ProgramServicesAmt3191321
IRS990/OtherExpensesGrp/TotalAmt0961023
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt038039
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0623444
IRS990/OtherSalariesAndWagesGrp/TotalAmt0881977
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01630
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013034
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IRS990/PayrollTaxesGrp/TotalAmt054310
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROXANE DURANT
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0ZONE EVENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SHOW INCOME
IRS990/ProgramServiceRevenueGrp/Desc2NATIONAL FINALS
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/Desc4ADVERTISING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01122413
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1528290
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2176519
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt323001
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt417102
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01122413
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1528290
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2176519
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt323001
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417102
IRS990/ProgSrvcAccomActy2Grp/Desc0INTERSCHOLASTIC EQUESTRIAN ASSOCIATION AIMS TO DEVELOP UNDERSTANDING, APPRECIATION, AND PARTICIPATION IN EQUESTRIAN SPORTS THROUGH ORGANIZED COMPETITIONS AND ADDITIONAL EQUINE EDUCATIONAL OPPORTUNITIES. DURING FY 22-23, OUR ORGANIZATION HOSTED 1028 SHOWS. WE SHOWED AN ADDITIONAL INCREASE IN MEMBERSHIP ENDING AT A TOTAL MEMBER COUNT OF 14,599.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE IEA BEGAN WORK IN SEVERAL NEW AREAS IN FY 22-23. WE RESTRUCTURED OUR STAFFING, INCLUDING DOWNSIZING OUR PHYSICAL OFFICE SPACE AND CREATING A NEW POSITION FOR A DEVELOPMENT DIRECTOR TO BEGIN EXPANSION OF OUR FUNDRAISING AND DONATION OPPORTUNITIES. WE ALSO BEGAN AN "ADULT PILOT PROGRAM" TO OFFER OUR UNIQUE, DRAW-BASED FORMAT TO A NEW DEMOGRAPHIC OF PARTICIPANTS (PARTICULARLY PARENTS/FAMILIES OF OUR YOUTH PARTICIPANT THAT HAD EXPRESSED A DESIRE TO BE MORE ACTIVELY INVOLVED). WE ALSO INITIATED A PROJECT TO ENHANCE, UPDATE AND IMPROVE OUR TECHNOLOGY PLATFORMS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0111214
IRS990/PYContributionsGrantsAmt01712587
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IRS990/PYInvestmentIncomeAmt0139
IRS990/PYOtherExpensesAmt02238527
IRS990/PYProgramServiceRevenueAmt01673692
IRS990/PYRevenuesLessExpensesAmt0326123
IRS990/PYSalariesCompEmpBnftPaidAmt0710554
IRS990/PYTotalExpensesAmt03060295
IRS990/PYTotalRevenueAmt03386418
IRS990/ReconcilationRevenueExpnssAmt082803
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0411693
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0261812
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01555396
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01712587
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01415415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01245815
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01301090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07230303
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01867907
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01673831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01434017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01154314
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01508219
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02400129
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02809309
IRS990ScheduleA/Total509Grp/TotalAmt014868591
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03423303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03386418
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02849432
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02400129
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02809309
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014868591
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012580
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt027586
IRS990ScheduleD/RevenueNotReportedAmt027586
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IEA COMPLIES WITH FASB ASC 740- ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FASB ASC 740 DETAILS HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS THAT HAVE BEEN OR ARE EXPECTED TO BE TAKEN. AS SUCH, THE FINANCIAL STATEMENTS WOULD REFLECT EXPECTED FUTURE TAX CONSEQUENCES OF UNCERTAIN TAX POSITIONS PRESUMING THE TAXING AUTHORITIES FULL KNOWLEDGE OF THE POSITION AND ALL RELEVANT FACTS, IF THEY EXISTED. THE MANAGEMENT OF IEA BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS. IEA S TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE FISCAL YEARS ENDED JUNE 30, 2020 AND FORWARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalRevenuePerForm990Amt03423303
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03340500
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IRS990ScheduleM/ThirdPartiesUsedInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IEA'S MISSION IS TO PROMOTE LIFELONG INVOLVEMENT IN EQUESTRIAN ATHLETICS. IEA WISHES TO INTRODUCE STUDENTS IN GRADES 4-8 (FUTURE) AND 9-12 (UPPER SCHOOL) TO EQUESTRIAN SPORTS AND TO DEVELOP UNDERSTANDING AND APPRECIATION OF EQUESTRIAN SPORTS THROUGH ORGANIZED COMPETITIONS AND EDUCATIONAL OPPORTUNITIES. IEA FURTHER WISHES TO INSPIRE AND FACILITATE ADULTS TO CONTINUE THEIR JOURNEY IN EQUESTRIAN ATHLETICS FOR A LIFETIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE IEA HAS AN INFINITE NUMBER OF VOLUNTEERS AT OUR EVENTS, BUT WE DO HAVE A CORE VOLUNTEER POOL OF 104 REGIONAL PRESIDENTS THAT WE REGULARLY COUNT ON FOR ORGANIZING THE ACTIVITIES IN EACH GEOGRAPHIC AREA OF 3-15 TEAMS. WE ALSO HAVE SEVERAL STANDING COMMITTEES-TOTAL MEMBERS AT 45, ON AVERAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS MADE UP OF FOUR FOUNDING MEMBERS OR THEIR DESIGNEES, PLUS FOUR ELECTED OFFICERS, AND UP TO FIVE AT LARGE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT-ELECT IS NOMINATED BY THE GENERAL MEMBERSHIP AND APPROVED BY THE EXISTING BOARD OF DIRECTORS. ALSO, REGIONAL PRESIDENTS ARE ELECTED BY MEMBERS WITHIN LOCAL CHAPTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FEDERAL FORM 990 IS PREPARED BY IEA'S CPA AND IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL BOARD MEMBERS MUST SIGN A QUESTIONAIRE REGARDING POTENTIAL CONFLICTS OF INTEREST AT THE BEGINNING OF EACH YEAR. ALSO, AT THE OPENING OF EACH BOARD MEETING, MEMBERS ARE ASKED IF THEY SEE A CONFLICT OF INTEREST IN ANY OF THE AGENDA TOPICS. IF THERE ARE ANY POTENTIAL CONFLICTS OF INTEREST, THE AFFECTED MEMBER WOULD BE ASKED TO STEP OUT OF THE MEETING UNTIL THAT TOPIC IS DECIDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WAGES FOR THE EXECUTIVE DIRECTOR ARE DETERMINED BY THE EXECTUTIVE COMMITTEE AND PRESENTED TO THE THE BOARD OF DIRECTORS WHO GIVE FINAL APPROVAL FOR THE AMOUNT OF COMPENSATION. ALL WAGES, TRANSACTIONS AND COMPENSATION OF ANY OFFICERS OR DIRECTORS ARE BASED ON COMPARABLE MARKET WAGES AND SALARY SURVEYS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S GOVERNING DOCUMENTS AND FININCIALS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THEY ARE PUBLICLY AVAILABLE THROUGH GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.06$2.29$3.77$3.58$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.13$0.13$2.00$3.42$3.34$0.08
2023Summary only. Only limited summary data is available for this year.$2.13$0.13$2.00$3.42$3.34$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.07$1.89$3.39$3.06$0.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.21$1.61$2.86$2.72$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.33$1.41$2.40$2.19$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.10$1.20$2.81$2.86$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.11$1.25$2.84$2.69$0.14
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.15$1.10$2.61$2.48$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.08$0.97$2.78$2.62$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.10$0.81$2.16$2.06$0.11
2014Summary only. Only limited summary data is available for this year.$0.76$0.05$0.71$1.11$0.99$0.12
2013Summary only. Only limited summary data is available for this year.$0.58$0.00$0.58$0.90$0.76$0.14
2012Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$0.67$0.46$0.21