Civic Intelligence

National Steeplechase Association Inc

990 • Fiscal year 2020 • EIN 52-1966554

Jan 01, 2020 to Dec 31, 2020 • Filed on May 07, 2021

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

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

23rd percentile

0.03x

Higher debt load relative to revenue than 23% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

9th percentile

-20%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

4th percentile

-24%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-49%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,334,137

Down $413,669 (-24%) from 2019

Net Assets

Down

$1,312,614

Down $131,002 (-9.1%) from 2019

Liabilities

Down

$21,523

Down $282,667 (-93%) from 2019

Revenue

Down

$662,513

Down $636,541 (-49%) from 2019

Expenses

Down

$793,515

Down $582,758 (-42%) from 2019

Net Income

Down

-$131,002

Down $53,783 (-70%) from 2019

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

2020

Assets$1,334,137
Liabilities$21,523
Net Assets$1,312,614

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

2020

Revenue$662,513
Expenses$793,515
Net Income-$131,002
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 7, 2021
Return Version
2020v4.1
Gross Receipts
$951,181
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$1,365,704$1,234,702▼ $131,002
Investments in Publicly Traded Securities$1,207,044$1,084,542▼ $122,502
Savings and Temporary Cash Investments$105,649$83,514▼ $22,135
Accounts Receivable$16,314$82,457▲ $66,143
Pd in Cap Srpls Land Bldg Eqp Fund$77,912$77,912→ $0
Cash and Non-Interest-Bearing Accounts$404,927$77,063▼ $327,864
Land, Buildings, and Equipment, Net$13,572$6,561▼ $7,011
Prepaid Expenses and Deferred Charges$300$0▼ $300
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,747,806$1,334,137▼ $413,669
Liabilities
Accounts Payable and Accrued Expenses$304,190$21,523▼ $282,667
Total Liabilities$304,190$21,523▼ $282,667
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,443,616$1,312,614▼ $131,002
Total Liabilities and Net Assets / Fund Balance$1,747,806$1,334,137▼ $413,669

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,561$93,111$99,672
Equipment$0$14,494$14,494
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$48,900
Program Service Revenue
$216,395
Investment Income
$147,643
Other Revenue
$249,575
Change in Net Assets
$-131,002
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$418,319
Salaries, Compensation, and Employee Benefits$375,196
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$334,670--$334,670
All Other Expenses$50,507$22,231-$72,738
Office Expenses$23,719$20,883-$44,602
Fees for Services Legal-$38,523-$38,523
Payroll Taxes$23,744--$23,744
Other Expenses$20,288--$20,288
Travel$17,593--$17,593
Pension Plan Contributions$12,892--$12,892
Fees for Service Investment Mgmnt Fees-$12,280-$12,280
Insurance-$11,179-$11,179
Conferences and Meetings-$7,464-$7,464
Depreciation Depletion-$7,011-$7,011
Other Employee Benefits$3,890--$3,890
Occupancy$3,100--$3,100
Total Functional Expenses$673,944$119,571$0$793,515
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$249,575
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Entry Fees$249,575$249,575-$249,575
Total Events$249,575$249,575-$249,575
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
Alfred H Griffin Jr
Title
President
Phone
4103920700
Signed
2021-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alfred H Griffin Jr
Formed
1994
Legal Domicile
Md
Voting Board Members
15
Independent Board Members
15
Employees
5
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/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03890
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03890
IRS990/OtherExpensesGrp/Desc0NATIONAL FENCE EXPENSE
IRS990/OtherExpensesGrp/Desc1PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/Desc3TELEVISION & VIDEO
IRS990/OtherExpensesGrp/ProgramServicesAmt094211
IRS990/OtherExpensesGrp/ProgramServicesAmt167615
IRS990/OtherExpensesGrp/ProgramServicesAmt221715
IRS990/OtherExpensesGrp/ProgramServicesAmt320288
IRS990/OtherExpensesGrp/TotalAmt094211
IRS990/OtherExpensesGrp/TotalAmt167615
IRS990/OtherExpensesGrp/TotalAmt221715
IRS990/OtherExpensesGrp/TotalAmt320288
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0334670
IRS990/OtherSalariesAndWagesGrp/TotalAmt0334670
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt023744
IRS990/PayrollTaxesGrp/TotalAmt023744
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt077912
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt077912
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012892
IRS990/PensionPlanContributionsGrp/TotalAmt012892
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0300
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ALFRED H GRIFFIN JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1LICENSES & REGISTRATIO
IRS990/ProgramServiceRevenueGrp/Desc2HUNT MEETING SANCTION
IRS990/ProgramServiceRevenueGrp/Desc3AMERICAN STEEPLECHASIN
IRS990/ProgramServiceRevenueGrp/Desc4MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt096450
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt160513
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt227004
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312673
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt410255
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt096450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt160513
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt227004
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt410255
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0208834
IRS990/PYOtherExpensesAmt0943731
IRS990/PYOtherRevenueAmt0711015
IRS990/PYProgramServiceRevenueAmt0379205
IRS990/PYRevenuesLessExpensesAmt0-77219
IRS990/PYSalariesCompEmpBnftPaidAmt0432542
IRS990/PYTotalExpensesAmt01376273
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01299054
IRS990/ReconcilationRevenueExpnssAmt0-131002
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01365704
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01234702
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0105649
IRS990/SavingsAndTempCashInvstGrp/EOYAmt083514
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014494
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014494
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06561
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt093111
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt099672
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06561
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ENTRY FEES
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0249575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0249575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0249575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0249575
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0249575
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
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IRS990/TotalAssetsEOYAmt01334137
IRS990/TotalAssetsGrp/BOYAmt01747806
IRS990/TotalAssetsGrp/EOYAmt01334137
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt048900
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0119571
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0673944
IRS990/TotalFunctionalExpensesGrp/TotalAmt0793515
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0304190
IRS990/TotalLiabilitiesEOYAmt021523
IRS990/TotalLiabilitiesGrp/BOYAmt0304190
IRS990/TotalLiabilitiesGrp/EOYAmt021523
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01443616
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01312614
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt09500
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt09500
IRS990/TotalProgramServiceExpensesAmt0673944
IRS990/TotalProgramServiceRevenueAmt0216395
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0249575
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0364038
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0662513
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01747806
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01334137
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt017593
IRS990/TravelGrp/TotalAmt017593
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

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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