Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
11.71x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Up$22,905
Up $9,405 (+70%) from 2017
Net Assets
-$245,344
No earlier filing loaded for comparison.
Liabilities
Up$268,249
Up $31,412 (+13%) from 2017
Revenue And Expenses
Revenue
Up$12,688
Up $41,516 (+144%) from 2017
Expenses
Down$2,750
Down $3,765 (-58%) from 2017
Net Income
Up$9,938
Up $45,281 (+128%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Jul 21, 2020
- Return Version
- 2018v3.2
- Gross Receipts
- $43,212
Mission and Program Overview
Mission
Haras cup is organized exclusively for charitable education and health promotion purposes. Haras will produce one or more horse shows and other activities related to its mission for the benefit of charities as tax- exempt organizations under irc sec 501(c)(3)
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HARAS CUP DRAWS TOP HORSEMEN AND WOMEN FROM ACROSS NORTH AMERICA AND EUROPE TO SHOWCASE THEIR ABILITY IN DRESSAGE, OBSTACLES, AND PERFORMING AT SPEED AS THEY COMPETE FOR AWARD MONEY. THE COMPETITION AT HARAS HACENDIA FACILITY IN MAGNOLIA, TEXAS, HARAS CUP INCLUDES AN ARRAY OF EXHIBITIONS, VENDOR BOOTHS, SPONSOR DINNER, AND CHILDREN'S ENTERTAINMENT. THE EVENT WILL BENEFIT VIRTUOSI OF HOUSTON, A CHAMBER ORCHESTRA FOR YOUNG ARTISTS. | - | $33,274 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CARMINA ZAMORANO | President | - | $0 | - | - |
| RAFAEL CHAVEZ | Treasurer/VP | - | $0 | - | - |
| SUSAN PELLETIER | Secretary | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Haras Cup | $16,320 | $16,320 | $6,380 | $9,940 |
| Total Events | $16,320 | $16,320 | $30,524 | $-14,204 |
Filing and Contact Details
Filer
- Filer Name
- Haras Cup
- EIN
- 46-5590022
- Phone
- 2812594861
- Address
- 26427 PEDEN RD, MAGNOLIA, TX 77355
Signing Officer
- Name
- Rafael Chavez
- Title
- Treasurer/VP
- Phone
- 2812594861
- Signed
- 2020-07-21
Preparer
- Firm
- Gomez & Company
- Address
- 5177 RICHMOND AVE STE 1100, HOUSTON, TX 77056-6748
- Preparer
- Benjamin P Gomez
- Phone
- 7136665900
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 20
“-31,945”
Form 990-ez, Part II, Line 24
“Accounts receivable 13,500 9,250 total 13,500 9,250”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 9,595 9,626 due to haras dos cavaleiros 128,744 168,623 due to hdc training llc 3,778 0 due to carnan properties 24 0 undeposited funds 2,700 0 bank overdraft 1,996 0 loans from officers 90,000 90,000”
Form 990-ez, Part III
“Haras cup is organized exclusively for charitable education and health promotion purposes. Haras will produce one or more horse shows and other activities related to its mission for the benefit of charities as tax- exempt organizations under irc sec 501(c)(3)”
Form 990-ez, Part III, Line 28
“Haras cup draws top horsemen and women from across north america and europe to showcase their ability in dressage, obstacles, and performing at speed as they compete for award money. The competition at haras hacendia facility in magnolia, texas, haras cup includes an array of exhibitions, vendor booths, sponsor dinner, and children's entertainment. The event will benefit virtuosi of houston, a chamber orchestra for young artists.”
Raw XML Appendix158 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | RAFAEL CHAVEZ |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2812594861 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 26427 PEDEN RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MAGNOLIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77355 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13655 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 10675 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 9938 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2750 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 13500 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 22905 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 16320 |
| IRS990EZ/GrossReceiptsAmt | 0 | 43212 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 90000 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -223337 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -245344 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -223337 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -245344 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CARMINA ZAMORANO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RAFAEL CHAVEZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SUSAN PELLETIER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER/VP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 13500 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 9250 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -31945 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | HARAS CUP IS ORGANIZED EXCLUSIVELY FOR CHARITABLE EDUCATION AND HEALTH PROMOTION PURPOSES. HARAS WILL PRODUCE ONE OR MORE HORSE SHOWS AND OTHER ACTIVITIES RELATED TO ITS MISSION FOR THE BENEFIT OF CHARITIES AS TAX- EXEMPT ORGANIZATIONS UNDER IRC SEC 501(C)(3) |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 16217 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HARAS CUP DRAWS TOP HORSEMEN AND WOMEN FROM ACROSS NORTH AMERICA AND EUROPE TO SHOWCASE THEIR ABILITY IN DRESSAGE, OBSTACLES, AND PERFORMING AT SPEED AS THEY COMPETE FOR AWARD MONEY. THE COMPETITION AT HARAS HACENDIA FACILITY IN MAGNOLIA, TEXAS, HARAS CUP INCLUDES AN ARRAY OF EXHIBITIONS, VENDOR BOOTHS, SPONSOR DINNER, AND CHILDREN'S ENTERTAINMENT. THE EVENT WILL BENEFIT VIRTUOSI OF HOUSTON, A CHAMBER ORCHESTRA FOR YOUNG ARTISTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 33274 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 30524 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -14204 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 236837 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 268249 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 2750 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 33274 |
| IRS990EZ/TotalRevenueAmt | 0 | 12688 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP//HARASCUP.COM |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 10675 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 51340 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 11072 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 87240 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 54500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 214827 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 32537 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 214827 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 10675 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 51340 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 11072 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 87240 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 54500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 214827 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 214827 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt | 0 | 24144 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt | 0 | 24144 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 30524 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | HARAS CUP |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 16320 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 16320 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 16320 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 16320 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -14204 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 6380 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 6380 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 90000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 60000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | RAFAEL CHAVEZ |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | TREASURER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | false |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 90000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | -31,945 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 13,500 9,250 TOTAL 13,500 9,250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 9,595 9,626 DUE TO HARAS DOS CAVALEIROS 128,744 168,623 DUE TO HDC TRAINING LLC 3,778 0 DUE TO CARNAN PROPERTIES 24 0 UNDEPOSITED FUNDS 2,700 0 BANK OVERDRAFT 1,996 0 LOANS FROM OFFICERS 90,000 90,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | HARAS CUP IS ORGANIZED EXCLUSIVELY FOR CHARITABLE EDUCATION AND HEALTH PROMOTION PURPOSES. HARAS WILL PRODUCE ONE OR MORE HORSE SHOWS AND OTHER ACTIVITIES RELATED TO ITS MISSION FOR THE BENEFIT OF CHARITIES AS TAX- EXEMPT ORGANIZATIONS UNDER IRC SEC 501(C)(3) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | HARAS CUP DRAWS TOP HORSEMEN AND WOMEN FROM ACROSS NORTH AMERICA AND EUROPE TO SHOWCASE THEIR ABILITY IN DRESSAGE, OBSTACLES, AND PERFORMING AT SPEED AS THEY COMPETE FOR AWARD MONEY. THE COMPETITION AT HARAS HACENDIA FACILITY IN MAGNOLIA, TEXAS, HARAS CUP INCLUDES AN ARRAY OF EXHIBITIONS, VENDOR BOOTHS, SPONSOR DINNER, AND CHILDREN'S ENTERTAINMENT. THE EVENT WILL BENEFIT VIRTUOSI OF HOUSTON, A CHAMBER ORCHESTRA FOR YOUNG ARTISTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2020-09-23 17:36:50Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RAFAEL CHAVEZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER/VP |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2812594861 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-07-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HARAS CUP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HARA |
| ReturnHeader/Filer/EIN | 0 | 465590022 |
| ReturnHeader/Filer/PhoneNum | 0 | 2812594861 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 26427 PEDEN RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MAGNOLIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77355 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 871E5821ABBAFED7F2E3F4A1B31798AFC03655FC |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | DA60FE2CB053F0C3A61FAF2C691D3C10BC5A7E13 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 216.74.242.250 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-07-22 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:47:41 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 760225893 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GOMEZ & COMPANY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5177 RICHMOND AVE STE 1100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 770566748 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7136665900 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-07-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BENJAMIN P GOMEZ |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2020-07-22T16:47:41-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $22,905
- Liabilities
- $268,249
- Net assets
- -$245,344
- Revenue
- $12,688
- Expenses
- $2,750
- Net income
- $9,938