Civic Intelligence

Galemont Equestrian Team Inc

EIN 47-4808164 • 501(c)7 • Memphis, NY

Revoked

Profile

Support scholastic equestrian t

Revocation date: May 15, 2022

1220 Old State Route 31Memphis, NY 13112
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2018

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2018

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2018

Asset Growth

20th percentile

-20%

Faster asset growth than 20% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-44%

Faster revenue growth than 10% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$6,865

Down $1,731 (-20%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$6,865

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin12th percentile

Revenue

Down

$6,871

Down $5,474 (-44%) from 2017

Expenses

Down

$8,611

Down $7,030 (-45%) from 2017

Net Income

Up

-$1,740

Up $1,556 (+47%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2015: $12,164Liabilities 2015: $02015Assets 2016: $11,892Liabilities 2016: $02016Assets 2017: $8,596Liabilities 2017: $02017Assets 2018: $6,865Net Assets 2018: $6,8652018

Highlighted filing

2018

Assets$6,865
Liabilities-
Net Assets$6,865
Open 2018 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$15K$10K$5.0K$0-$5.0KRevenue 2015: $13,261Expenses 2015: $9,305Net Income 2015: $3,9562015Revenue 2016: $7,464Expenses 2016: $7,736Net Income 2016: -$2722016Revenue 2017: $12,345Expenses 2017: $15,641Net Income 2017: -$3,2962017Revenue 2018: $6,871Expenses 2018: $8,611Net Income 2018: -$1,7402018

Highlighted filing

2018

Revenue$6,871
Expenses$8,611
Net Income-$1,740
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,865
Liabilities
-
Net assets
$6,865
Revenue
$6,871
Expenses
$8,611
Net income
-$1,740
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$6.87$6.87$6.87$8.61$1.74
2017Summary only. Only limited summary data is available for this year.$8.60$0.00$12.3$15.6$3.30
2016Summary only. Only limited summary data is available for this year.$11.9$0.00$7.46$7.74$0.27
2015Summary only. Only limited summary data is available for this year.$12.2$0.00$13.3$9.31$3.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 4, 2019
Return Version
2018v3.0
Gross Receipts
$9,467
Mission and Program Overview

Mission

Support scholastic equestrian t

Program Services

DescriptionGrantsExpenses
HOLD GALEMONT INTERSCHOLASTIC HORSE SHOW-$2,908
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRENDA PECKPresident/TreasurerPT$0--
SETH PECKSecretary-$0--
CHRISTA CARSONVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Galemont Equestrian Team Inc
EIN
47-4808164
Phone
3153452189
Address
1220 OLD STATE ROUTE 31, MEMPHIS, NY 13112

Signing Officer

Name
Brenda Peck
Title
President
Signed
2019-06-04
Discuss with paid preparer
Yes

Preparer

Firm
Michel Tax & Accounting Service
Address
32 OSWEGO ST, BALDWINSVILLE, NY 13027
Preparer
Paula Tenney
Phone
3156356293
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

“Total of other expenses is 4711.00”

Form 990EZ Part II Line 24

“Savings account balance at begining of year increased 9.00”

Raw XML Appendix97 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt03900
IRS990EZ/BooksInCareOfDetail/PersonNm0BRENDA PECK
IRS990EZ/BooksInCareOfDetail/PhoneNum03153452189
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01220 OLD STATE RT 31
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd013112
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08596
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06865
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt02596
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1740
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08605
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06865
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0336
IRS990EZ/GrossReceiptsAmt09467
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt02932
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08605
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06865
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08605
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06865
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRENDA PECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SETH PECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRISTA CARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09
IRS990EZ/OtherExpensesTotalAmt04711
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORT SCHOLASTIC EQUESTRIAN T
IRS990EZ/ProgramServiceRevenueAmt06535
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOLD GALEMONT INTERSCHOLASTIC HORSE SHOW
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02908
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08611
IRS990EZ/TotalProgramServiceExpensesAmt02908
IRS990EZ/TotalRevenueAmt06871
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TOTAL OF OTHER EXPENSES IS 4711.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SAVINGS ACCOUNT BALANCE AT BEGINING OF YEAR INCREASED 9.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART II LINE 24
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENDA PECK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GALEMONT EQUESTRIAN TEAM INC
ReturnHeader/Filer/BusinessNameControlTxt0GALE
ReturnHeader/Filer/EIN0474808164
ReturnHeader/Filer/PhoneNum03153452189
ReturnHeader/Filer/USAddress/AddressLine1Txt01220 OLD STATE ROUTE 31
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013112
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01B9AB47CE7A1E2B5121781CE708F71801D51E7D5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03E0149C814520080B9844D0AE8C3D71F82113CCB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.176.112.142
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464410008
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHEL TAX & ACCOUNTING SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt032 OSWEGO ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BALDWINSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013027
ReturnHeader/PreparerPersonGrp/PhoneNum03156356293
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAULA TENNEY
ReturnHeader/ReturnTs02019-06-11T09:14:21-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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