Civic Intelligence

National Steeplechase Association Inc

990 • Fiscal year 2019 • EIN 52-1966554

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 31, 2020

400 Fair Hill DriveElkton, MD 21921

(410) 392-0700

Siviq Scores

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

Liabilities / Assets

51st percentile

0.17x

Higher debt load relative to assets than 51% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.23x

Higher debt load relative to revenue than 60% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

16th percentile

-5.9%

Higher net margin than 16% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

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

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-0.4%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,747,806

Up $180,676 (+12%) from 2018

Net Assets

Down

$1,443,616

Down $77,219 (-5.1%) from 2018

Liabilities

Up

$304,190

Up $257,895 (+557%) from 2018

Revenue

Down

$1,299,054

Down $4,749 (-0.4%) from 2018

Expenses

Up

$1,376,273

Up $167,578 (+14%) from 2018

Net Income

Down

-$77,219

Down $172,327 (-181%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,030,351Liabilities 2011: $121,814Net Assets 2011: $908,5372011Assets 2012: $1,073,609Liabilities 2012: $127,982Net Assets 2012: $945,6272012Assets 2013: $1,099,710Liabilities 2013: $32,189Net Assets 2013: $1,067,5212013Assets 2014: $1,226,991Liabilities 2014: $55,825Net Assets 2014: $1,171,1662014Assets 2015: $1,351,451Liabilities 2015: $62,395Net Assets 2015: $1,289,0562015Assets 2016: $1,358,717Liabilities 2016: $25,794Net Assets 2016: $1,332,9232016Assets 2017: $1,490,134Liabilities 2017: $64,407Net Assets 2017: $1,425,7272017Assets 2018: $1,567,130Liabilities 2018: $46,295Net Assets 2018: $1,520,8352018Assets 2019: $1,747,806Liabilities 2019: $304,190Net Assets 2019: $1,443,6162019Assets 2020: $1,334,137Liabilities 2020: $21,523Net Assets 2020: $1,312,6142020Assets 2021: $2,246,962Liabilities 2021: $31,119Net Assets 2021: $2,215,8432021Assets 2022: $2,356,839Liabilities 2022: $167,079Net Assets 2022: $2,189,7602022Assets 2023: $3,039,117Liabilities 2023: $255,350Net Assets 2023: $2,783,7672023Assets 2024: $3,610,462Liabilities 2024: $267,125Net Assets 2024: $3,343,3372024

Highlighted filing

2019

Assets$1,747,806
Liabilities$304,190
Net Assets$1,443,616

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $982,407Expenses 2011: $971,814Net Income 2011: $10,5932011Revenue 2012: $1,049,026Expenses 2012: $1,011,936Net Income 2012: $37,0902012Revenue 2013: $1,039,584Expenses 2013: $917,690Net Income 2013: $121,8942013Revenue 2014: $1,109,429Expenses 2014: $1,005,784Net Income 2014: $103,6452014Revenue 2015: $1,176,739Expenses 2015: $1,058,849Net Income 2015: $117,8902015Revenue 2016: $1,241,583Expenses 2016: $1,197,716Net Income 2016: $43,8672016Revenue 2017: $1,281,749Expenses 2017: $1,188,945Net Income 2017: $92,8042017Revenue 2018: $1,303,803Expenses 2018: $1,208,695Net Income 2018: $95,1082018Revenue 2019: $1,299,054Expenses 2019: $1,376,273Net Income 2019: -$77,2192019Revenue 2020: $662,513Expenses 2020: $793,515Net Income 2020: -$131,0022020Revenue 2021: $1,167,801Expenses 2021: $910,021Net Income 2021: $257,7802021Revenue 2022: $1,310,445Expenses 2022: $1,021,084Net Income 2022: $289,3612022Revenue 2023: $1,406,270Expenses 2023: $1,054,059Net Income 2023: $352,2112023Revenue 2024: $1,593,064Expenses 2024: $1,184,854Net Income 2024: $408,2102024

Highlighted filing

2019

Revenue$1,299,054
Expenses$1,376,273
Net Income-$77,219
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 31, 2020
Return Version
2019v5.1
Gross Receipts
$1,562,289
Mission and Program Overview

Mission

To encourage, advance, and regulate the sport of steeplechasing in the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,442,923$1,365,704▼ $77,219
Investments in Publicly Traded Securities$1,161,325$1,207,044▲ $45,719
Cash and Non-Interest-Bearing Accounts$132,255$404,927▲ $272,672
Savings and Temporary Cash Investments$155,953$105,649▼ $50,304
Pd in Cap Srpls Land Bldg Eqp Fund$77,912$77,912→ $0
Accounts Receivable$90,720$16,314▼ $74,406
Land, Buildings, and Equipment, Net$23,727$13,572▼ $10,155
Prepaid Expenses and Deferred Charges$3,150$300▼ $2,850
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,567,130$1,747,806▲ $180,676
Liabilities
Accounts Payable and Accrued Expenses$46,295$304,190▲ $257,895
Total Liabilities$46,295$304,190▲ $257,895
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,520,835$1,443,616▼ $77,219
Total Liabilities and Net Assets / Fund Balance$1,567,130$1,747,806▲ $180,676

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,572$237,411$250,983
Buildings$0--
Other Land Buildings$0--
Leasehold Improvements$0--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$379,205
Investment Income
$208,834
Other Revenue
$711,015
Change in Net Assets
$-77,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$943,731
Salaries, Compensation, and Employee Benefits$432,542
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$385,161--$385,161
All Other Expenses$74,939$50,359-$125,298
Other Expenses$66,328--$66,328
Office Expenses$32,918$27,438-$60,356
Travel$59,309--$59,309
Fees for Services Legal-$39,694-$39,694
Payroll Taxes$26,829--$26,829
Depreciation Depletion-$15,153-$15,153
Pension Plan Contributions$14,375--$14,375
Fees for Service Investment Mgmnt Fees-$13,418-$13,418
Insurance-$12,773-$12,773
Conferences and Meetings-$8,089-$8,089
Other Employee Benefits$6,177--$6,177
Occupancy$2,583--$2,583
Total Functional Expenses$1,209,349$166,924$0$1,376,273
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$711,015
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Entry Fees$711,015$711,015-$711,015
Total Events$711,015$711,015-$711,015
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
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, Part VI, Section B, Line 11B

Form 990 reviewed by organization management. Upon request, documents can be inspected by the general public.

Form 990, Part VI, Section C, Line 18

Upon request, documents can be inspected by the general public.

Form 990, Part VI, Section C, Line 19

Upon request, documents can be inspected by the general public.

Filing and Contact Details

Filer

Filer Name
National Steeplechase Association Inc
EIN
52-1966554
Phone
4103920700
Address
400 FAIR HILL DRIVE, ELKTON, MD 21921

Signing Officer

Name
Guy J Torsilieri
Title
President
Phone
4103920700
Signed
2020-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alfred C Griffin Jr
Formed
1994
Legal Domicile
Md
Voting Board Members
15
Independent Board Members
15
Employees
4
Volunteers
0

Preparer

Firm
Weyrich Cronin & Sorra LLC
Address
200 S BRIDGE STREET, ELKTON, MD 21921
Preparer
Rayma Mc Roberts CPA
Phone
4103981961
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IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06177
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06177
IRS990/OtherExpensesGrp/Desc0TELEVISION & VIDEO
IRS990/OtherExpensesGrp/Desc1NATIONAL FENCE EXPENSE
IRS990/OtherExpensesGrp/Desc2CONTRIBUTION
IRS990/OtherExpensesGrp/Desc3PUBLIC RELATIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt0260598
IRS990/OtherExpensesGrp/ProgramServicesAmt1180132
IRS990/OtherExpensesGrp/ProgramServicesAmt2100000
IRS990/OtherExpensesGrp/ProgramServicesAmt366328
IRS990/OtherExpensesGrp/TotalAmt0260598
IRS990/OtherExpensesGrp/TotalAmt1180132
IRS990/OtherExpensesGrp/TotalAmt2100000
IRS990/OtherExpensesGrp/TotalAmt366328
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0385161
IRS990/OtherSalariesAndWagesGrp/TotalAmt0385161
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt026829
IRS990/PayrollTaxesGrp/TotalAmt026829
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt077912
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt077912
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014375
IRS990/PensionPlanContributionsGrp/TotalAmt014375
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03150
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0300
IRS990/PrincipalOfficerNm0ALFRED C GRIFFIN JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0HUNT MEETING SANCTION
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2LICENSES & REGISTRATIO
IRS990/ProgramServiceRevenueGrp/Desc3NATIONAL FENCE LEASE
IRS990/ProgramServiceRevenueGrp/Desc4AMERICAN STEEPLECHASIN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0114969
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1111950
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt286862
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt320000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt418086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0114969
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1111950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt286862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt320000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt418086
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0163876
IRS990/PYOtherExpensesAmt0759952
IRS990/PYOtherRevenueAmt0752475
IRS990/PYProgramServiceRevenueAmt0387452
IRS990/PYRevenuesLessExpensesAmt095108
IRS990/PYSalariesCompEmpBnftPaidAmt0448743
IRS990/PYTotalExpensesAmt01208695
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01303803
IRS990/ReconcilationRevenueExpnssAmt0-77219
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01442923
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01365704
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0155953
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0105649
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt013572
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0237411
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0250983
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013572
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ENTRY FEES
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0711015
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0711015
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0711015
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0711015
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0711015
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 REVIEWED BY ORGANIZATION MANAGEMENT. UPON REQUEST, DOCUMENTS CAN BE INSPECTED BY THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST, DOCUMENTS CAN BE INSPECTED BY THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST, DOCUMENTS CAN BE INSPECTED BY THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01567130
IRS990/TotalAssetsEOYAmt01747806
IRS990/TotalAssetsGrp/BOYAmt01567130
IRS990/TotalAssetsGrp/EOYAmt01747806
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0166924
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01209349
IRS990/TotalFunctionalExpensesGrp/TotalAmt01376273
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt046295
IRS990/TotalLiabilitiesEOYAmt0304190
IRS990/TotalLiabilitiesGrp/BOYAmt046295
IRS990/TotalLiabilitiesGrp/EOYAmt0304190
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01520835
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01443616
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt027338
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt027338
IRS990/TotalProgramServiceExpensesAmt01209349
IRS990/TotalProgramServiceRevenueAmt0379205
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0711015
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0588039
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01299054
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01567130
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01747806
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt059309
IRS990/TravelGrp/TotalAmt059309
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0400 FAIR HILL DRIVE
IRS990/USAddress/CityNm0ELKTON
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021921
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00

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.$3.61$0.27$3.34$1.59$1.18$0.41
2023Detailed filing. Detailed filing data is available for this year.$3.04$0.26$2.78$1.41$1.05$0.35
2022Detailed filing. Detailed filing data is available for this year.$2.36$0.17$2.19$1.31$1.02$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.25$0.03$2.22$1.17$0.91$0.26
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.02$1.31$0.66$0.79$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.75$0.30$1.44$1.30$1.38$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.57$0.05$1.52$1.30$1.21$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.49$0.06$1.43$1.28$1.19$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.03$1.33$1.24$1.20$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.35$0.06$1.29$1.18$1.06$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.23$0.06$1.17$1.11$1.01$0.10
2013Summary only. Only limited summary data is available for this year.$1.10$0.03$1.07$1.04$0.92$0.12
2012Summary only. Only limited summary data is available for this year.$1.07$0.13$0.95$1.05$1.01$0.04
2011Summary only. Only limited summary data is available for this year.$1.03$0.12$0.91$0.98$0.97$0.01