Civic Intelligence

Tryon Riding & Hunt Club Inc

EIN 56-0706005 • 501(c)3 • Tryon, NC

Profile

To encourage, support and promote all types of horse activities which will enhance the equestrian tradition of the tryon area through programs of education, demonstrations of horse skills and cooperation with allied programs of nature conservation.

112 N Trade Street Ste 12Tryon, NC 28782

www.trhcevents.com

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.06x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

57th percentile

5.7%

Higher net margin than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

65th percentile

7.0%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-26%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$186,066

Up $12,130 (+7.0%) from 2023

Liabilities

Up

$10,261

Up $2,802 (+38%) from 2023

Net Assets

Up

$175,805

Up $9,328 (+5.6%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin57th percentile

Revenue

Down

$165,939

Down $57,824 (-26%) from 2023

Expenses

Down

$156,462

Down $90,265 (-37%) from 2023

Net Income

Up

$9,477

Up $32,441 (+141%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,687,807Liabilities 2011: $373,936Net Assets 2011: $2,313,8712011Assets 2012: $2,646,212Liabilities 2012: $373,661Net Assets 2012: $2,272,5512012Assets 2013: $75,737Liabilities 2013: $50,000Net Assets 2013: $25,7372013Assets 2014: $71,127Liabilities 2014: $29,885Net Assets 2014: $41,2422014Assets 2015: $66,202Liabilities 2015: $6,487Net Assets 2015: $59,7152015Assets 2016: $51,151Liabilities 2016: $2,629Net Assets 2016: $48,5222016Assets 2017: $105,193Liabilities 2017: $1,230Net Assets 2017: $103,9632017Assets 2018: $163,178Liabilities 2018: $8,129Net Assets 2018: $155,0492018Assets 2019: $181,363Liabilities 2019: $14,621Net Assets 2019: $166,7422019Assets 2020: $210,331Liabilities 2020: $1,824Net Assets 2020: $208,5072020Assets 2021: $245,319Liabilities 2021: $13,151Net Assets 2021: $232,1682021Assets 2022: $197,816Liabilities 2022: $10,901Net Assets 2022: $186,9152022Assets 2023: $173,936Liabilities 2023: $7,459Net Assets 2023: $166,4772023Assets 2024: $186,066Liabilities 2024: $10,261Net Assets 2024: $175,8052024

Highlighted filing

2024

Assets$186,066
Liabilities$10,261
Net Assets$175,805
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $842,737Expenses 2011: $854,868Net Income 2011: -$12,1312011Revenue 2012: $701,299Expenses 2012: $742,619Net Income 2012: -$41,3202012Revenue 2013: $130,678Expenses 2013: $26,386Net Income 2013: $104,2922013Revenue 2014: $404,810Expenses 2014: $393,115Net Income 2014: $11,6952014Revenue 2015: $455,967Expenses 2015: $437,494Net Income 2015: $18,4732015Revenue 2016: $473,050Expenses 2016: $484,243Net Income 2016: -$11,1932016Revenue 2017: $416,051Expenses 2017: $363,128Net Income 2017: $52,9232017Revenue 2018: $245,169Expenses 2018: $196,421Net Income 2018: $48,7482018Revenue 2019: $242,402Expenses 2019: $230,709Net Income 2019: $11,6932019Revenue 2020: $204,261Expenses 2020: $164,439Net Income 2020: $39,8222020Revenue 2021: $237,124Expenses 2021: $203,286Net Income 2021: $33,8382021Revenue 2022: $249,248Expenses 2022: $294,501Net Income 2022: -$45,2532022Revenue 2023: $223,763Expenses 2023: $246,727Net Income 2023: -$22,9642023Revenue 2024: $165,939Expenses 2024: $156,462Net Income 2024: $9,4772024

Highlighted filing

2024

Revenue$165,939
Expenses$156,462
Net Income$9,477
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$186,066
Liabilities
$10,261
Net assets
$175,805
Revenue
$165,939
Expenses
$156,462
Net income
$9,477
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$0.17$0.16$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.17$0.22$0.25$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.25$0.29$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.23$0.24$0.20$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.20$0.16$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.24$0.23$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.16$0.25$0.20$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.10$0.42$0.36$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.47$0.48$0.01
2015Summary only. Only limited summary data is available for this year.$0.07$0.01$0.06$0.46$0.44$0.02
2014Summary only. Only limited summary data is available for this year.$0.07$0.03$0.04$0.40$0.39$0.01
2013Summary only. Only limited summary data is available for this year.$0.08$0.05$0.03$0.13$0.03$0.10
2012Summary only. Only limited summary data is available for this year.$2.65$0.37$2.27$0.70$0.74$0.04
2011Summary only. Only limited summary data is available for this year.$2.69$0.37$2.31$0.84$0.85$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 10, 2025
Return Version
2024v5.1
Gross Receipts
$165,939
Mission and Program Overview

Mission

To encourage, support and promote all types of horse activities which will enhance the equestrian tradition of the tryon area through programs of education, demonstrations of horse skills and cooperation with allied programs of nature conservation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$127,043$92,660▼ $34,383
Accounts Receivable$36,655$82,189▲ $45,534
Prepaid Expenses and Deferred Charges$5,677$6,749▲ $1,072
Land, Buildings, and Equipment, Net$4,561$4,468▼ $93
Total Assets$173,936$186,066▲ $12,130
Liabilities
Accounts Payable and Accrued Expenses$7,459$10,261▲ $2,802
Total Liabilities$7,459$10,261▲ $2,802
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$166,477$175,805▲ $9,328
Total Net Assets Fund Balance$166,477$175,805▲ $9,328
Total Liabilities and Net Assets / Fund Balance$173,936$186,066▲ $12,130

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,468$34,060-
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Angela MillonPresident
Donna YounkinVice President
Eric StrausDirector
Kathy WoodhamDirector
Lee ConeDirector
Lena MeredithDirector
Molly OakmanDirector
Nancy WilsonDirector
Sally FrickDirector
Pagan GilmanSecretary
Joanne GibbsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$38,312
Program Service Revenue
$127,517
Investment Income
$69
Other Revenue
$41
All Other Contributions
$17,490
Change in Net Assets
$9,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$127,858
Salaries, Compensation, and Employee Benefits$28,604
Total Fundraising Expense$3,504
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$30,477$4,258-$34,735
Other Salaries and Wages-$28,604-$28,604
Occupancy-$20,903-$20,903
All Other Expenses$6,000$14,454-$20,454
Other Expenses$6,307$89$3,504$6,396
Information Technology$320$4,617-$4,937
Fees for Services Accounting-$4,062-$4,062
Fees for Services Other-$2,321-$2,321
Conferences and Meetings-$2,143-$2,143
Insurance-$1,425-$1,425
Depreciation Depletion$850$293-$1,143
Office Expenses-$444-$444
Fees for Services Legal$358--$358
Total Functional Expenses$68,914$84,044$3,504$156,462
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
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

Members or stockholder classes and rights Part VI line 6

“One class of membership with rights to priority parking for events.”

Member election for additional members Part VI line 7A

“New board (governing body) members are nominated to and approved by the board and then confirmed by the membership at the annual meeting.”

Form 990 governing body review Part VI line 11

“Board of directors reviews the return before signing and mailing.”

Conflict of interest policy compliance Part VI line 12C

“Board members and key employees are required to document their understanding and compliance with the tryon riding & hunt club by signing a written document that is kept in the organizations files.”

CEO executive director top management comp Part VI line 15A

“The executive directors salary is determined by the board, taking into account past performance, economic conditions, cash flows and cost of living adjustments.”

Governing documents etc available to public Part VI line 19

“Copies of the organizations governing documents are available upon request by contacting the organization directly.”

Filing and Contact Details

Filer

Filer Name
Tryon Riding & Hunt Club Inc
EIN
56-0706005
In Care Of
% JOANNE GIBBS
Phone
8283519709
Address
112 N TRADE STREET STE 12, TRYON, NC 28782

Signing Officer

Name
Joanne Gibbs
Title
Treasurer
Phone
6126192195
Signed
2025-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angela Millon
Formed
1960
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
1

Preparer

Firm
Jody R Gill CPA PLLC
Address
PO Box 519, Landrum, SC 29356
Preparer
Jody R Gill CPA
Phone
8643855904
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Disposal of assets used within the course of the entitys non-profit missions at time of move from one location to another resulted in net loss of $10,177.”

List of other fees for services expenses Part IX line 11G

“SEE OVERFLOW STATEMENT”

List of other expenses Part IX line 24E

“SEE OVERFLOW STATEMENT”

Raw XML AppendixShowing 400 of 494 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.

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IRS990/MissionDesc0TO ENCOURAGE, SUPPORT AND PROMOTE ALL TYPES OF HORSE ACTIVITIES WHICH WILL ENHANCE THE EQUESTRIAN TRADITION OF THE TRYON AREA THROUGH PROGRAMS OF EDUCATION, DEMONSTRATIONS OF HORSE SKILLS AND COOPERATION WITH ALLIED PROGRAMS OF NATURE CONSERVATION.
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IRS990/PrincipalOfficerNm0ANGELA MILLON
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IRS990/ProgSrvcAccomActy2Grp/Desc0BLOCKHOUSE STEEPLECHASE ATTRACTS OVER 10,000 SPECTATORS TO THE LOCAL AREA. THE EVENT PROVIDES AMPLE OPPORTUNITY FOR EQUESTRIAN SPECTATORS AND PROFESSIONALS FROM ALL OVER THE UNITED STATES AN OPPORTUNITY TO ENJOY THE PRODUCTION OF A HISTORIC EQUESTRIAN COMPETITION. PROCEEDS FROM THE EVENT ENABLE TRYON RIDING AND HUNT CLUB TO DONATE FUNDS TO LOCAL CHARITABLE ORGANIZATIONS, PROVIDE SCHOLARSHIPS AND EDUCATIONAL RESOURCES AND FUND OUR PARTNERSHIP WITH LOCAL NON-PROFIT AND NATURE CONSERVATION GROUPS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE TRYON RIDING & HUNT CLUBS HERITAGE CHARITY HORSE SHOW WILL RUN FOR ITS 92ND YEAR IN 2019 AND WILL BE AWARDED THE UNITED STATES EQUESTRIAN FEDERATIONS HERITAGE AWARD. THE TRHC CHARITY SHOW IS ONLY THE 27TH SHOW IN THE COUNTRY TO RECEIVE THIS HONOR AS A HISTORICAL SHOW WITH MANY YEARS OF OPERATION. THE SHOW RUNS FOR FIVE DAYS WITH A VARIETY OF JUMPER AND HUNTER DIVISIONS IN MULTIPLE RINGS AT THE TRYON INTERNATIONAL EQUESTRIAN CENTER. TRHC TYPICALLY AWARDS A NUMBER OF PERMANENT TROPHIES EACH YEAR ACROSS AT LEAST A DOZEN DIVISIONS. THE CLUB ALSO HOSTS A CELEBRATORY DINNER ON FRIDAY NIGHT AND A NUMBER OF OTHER SOCIAL EVENTS. TRHC TYPICALLY DOES NOT REALIZE ANY FINANCIAL BENEFITS FROM THIS EVENT BUT CONSIDERS THIS EVENT A GENEROUS GIFT TO THE LOCAL AND NATIONAL COMPETITORS WHO COMPETE AS WELL AS THE MANY FANS WHO COME OUT TO SUPPORT THE SHOW.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE TRHC HORSE AND HOUND SHOW HOSTS A COMPETITION FOR LOCAL AND REGIONAL EQUESTRIANS AND FOX HUNTING CLUBS. THE SHOW ENRICHES THE LOCAL COMMUNITY BY DRAWING COMPETITORS TO TOWN, PRIVIDING SPONSORSHIP AND ADVERTISING OPPORTUNITIES FOR LOCAL BUSINESSES, AS WELL AS PROVIDING SPECTATOR EDUCATION AND ENTERTAINMENT.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1TRYON RIDING & HUNT CLUB HORSE TRIALS CONTINUES A LOCAL TRADITION OF OFFERING AN EVENTING EXPERIENCE FOR COMPETITORS OF ALL CAPABILITY AND EXPERIENCE LEVELS. WE PARTNER WITH LOCAL EXPERTS IN THE VARIOUS DISCIPLINES TO CREATE BOTH A COMPETITIVE AND EDUCATIONAL EXPERIENCE FOR PARTICIPANTS AT A PROFESSIONAL VENUE MAINTAINED BY A LOCAL NON-PROFIT ORGANIZATION. THE EVENT IS CONDUCTED OVER THREE DAYS ON PORPERTY WHICH IS UNDER CONSERVATION EASTMENT. FEES AND DONATIONS PROVIDED AS A PART OF THIS EVENT ARE USED TO SUPPORT THE NON-PROFIT, AS WELL AS OTHER LOCAL ORGANIZATIONS. THE 2024 HORSE TRIALS EVENT WAS MOVED TO TRYON INTERNATIONAL EQUESTRIAN CENTER. DUE TO THE DAMAGE FROM HURRICANE HELENE, THE EVENT WAS CANCELLED.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2ANY AND ALL DOG SHOW: THIS DECADES-OLD EVENT OFFERS THE OPPORTUNITY FOR PET LOVERS YOUNG AND OLD TO JOIN US FOR A SUNDAY AFTERNOON OF ENTERTAINMENT, EDUCATION AND COMMUNITY FELLOWSHIP. THIS EVENT BEGAN AS A HORSE AND HOUND SHOW IN THE COMMUNITY, WHICH WAS A FULL DAY OF DEMONSTRATIONS AND ACTIVITIES REC OGNIZING THE NATURAL CONNECTION BETWEEN HORSES AND CANINES. IN ITS CURRENT FORM, THE DOG SHOW IFS FREE FOR PARTICIPANTS, AND ALL PROCEEDS FROM SPONSORS AND DONORS ARE GIVEN TO LOCAL CHARITIES THAT SUPPORT ANIMAL HEALTH AND WELL-BEING.
IRS990/ProgSrvcAccomActyOtherGrp/Desc3THE PURPOSE OF THE CAROLINA SHOW HUNTER HALL OF FAME PROGRAM IS TO RECOGNIZE AND PROMOTE EXCEPTIONAL SHOW HUNTERS AND HORSEMEN. ANNUAL EVENTS INCLUDE A MEMBERSHIP DRIVE, NOMINATION AND VOTING PERIOD, AND AN AWARDS CEREMONY WHERE THE AWARDS ARE PRESENTED. DONATIONS AND SPONSORSHIPS ENABLE THE HALL OF FAME TO HONOR THE INDUCTEES AND CREATE AN EXHIBIT SHOWCASING THEM.
IRS990/ProgSrvcAccomActyOtherGrp/Desc4CROSS COUNTRY SCHOOLING DAY ALLOWS LOCAL RIDERS THE CHANCE TO SCHOOL THEIR HORSES ON THE FOOTHILLS EQUESTRIAN NATURE CENTER (FENCE) CROSS COUNTRY COURSE PRIOR TO TRHCS FALL HORSE TRIALS EVENT.WITH THE MOVE OF OUR HORSE TRIALS EVENT TO TRYON INTERNATIONAL EQUESTRIAN CENTER, THERE WAS NO NEED TO HAVE A SCHOOLING DAY PRIOR TO THE HORSE TRIALS EVENT AT FENCE, SO SCHOOLING DAY WAS CANCELLED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONE CLASS OF MEMBERSHIP WITH RIGHTS TO PRIORITY PARKING FOR EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1New board (governing body) members are nominated to and approved by the board and then confirmed by the membership at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEWS THE RETURN BEFORE SIGNING AND MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO DOCUMENT THEIR UNDERSTANDING AND COMPLIANCE WITH THE TRYON RIDING & HUNT CLUB BY SIGNING A WRITTEN DOCUMENT THAT IS KEPT IN THE ORGANIZATIONS FILES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTORS SALARY IS DETERMINED BY THE BOARD, TAKING INTO ACCOUNT PAST PERFORMANCE, ECONOMIC CONDITIONS, CASH FLOWS AND COST OF LIVING ADJUSTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST BY CONTACTING THE ORGANIZATION DIRECTLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DISPOSAL OF ASSETS USED WITHIN THE COURSE OF THE ENTITYS NON-PROFIT MISSIONS AT TIME OF MOVE FROM ONE LOCATION TO ANOTHER RESULTED IN NET LOSS OF $10,177.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SEE OVERFLOW STATEMENT

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