Civic Intelligence

Red Hills Horse Trials Inc.

990 • Fiscal year 2018 • EIN 59-3459779

Jul 01, 2017 to Jun 30, 2018 • Filed on May 10, 2019

Post Office Box 14869Tallahassee, FL 32317

(850) 893-2497

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.72x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

0.17x

Higher debt load relative to revenue than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

19th percentile

-23%

Faster asset growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-8.7%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$103,909

Down $31,557 (-23%) from 2017

Net Assets

Down

$28,909

Down $76,557 (-73%) from 2017

Liabilities

Up

$75,000

Up $45,000 (+150%) from 2017

Revenue

Down

$431,735

Down $41,190 (-8.7%) from 2017

Expenses

Up

$508,292

Up $2,186 (+0.4%) from 2017

Net Income

Down

-$76,557

Down $43,376 (-131%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $338,870Liabilities 2011: $0Net Assets 2011: $338,8702011Assets 2012: $63,091Liabilities 2012: $0Net Assets 2012: $63,0912012Assets 2013: $41,647Liabilities 2013: $0Net Assets 2013: $41,6472013Assets 2014: $64,479Liabilities 2014: $10,366Net Assets 2014: $54,1132014Assets 2015: $144,972Liabilities 2015: $90,000Net Assets 2015: $54,9722015Assets 2016: $163,645Liabilities 2016: $25,000Net Assets 2016: $138,6452016Assets 2017: $135,466Liabilities 2017: $30,000Net Assets 2017: $105,4662017Assets 2018: $103,909Liabilities 2018: $75,000Net Assets 2018: $28,9092018Assets 2019: $94,814Liabilities 2019: $0Net Assets 2019: $94,8142019Assets 2020: $100,468Liabilities 2020: $0Net Assets 2020: $100,4682020Assets 2021: $112,553Liabilities 2021: $0Net Assets 2021: $112,5532021Assets 2022: $36,079Liabilities 2022: $0Net Assets 2022: $36,0792022Assets 2023: $82,529Liabilities 2023: $0Net Assets 2023: $82,5292023Assets 2024: $112,062Liabilities 2024: $0Net Assets 2024: $112,0622024

Highlighted filing

2018

Assets$103,909
Liabilities$75,000
Net Assets$28,909

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $368,475Expenses 2011: $359,120Net Income 2011: $9,3552011Revenue 2012: $333,470Expenses 2012: $609,249Net Income 2012: -$275,7792012Revenue 2013: $386,843Expenses 2013: $408,287Net Income 2013: -$21,4442013Revenue 2014: $510,058Expenses 2014: $497,592Net Income 2014: $12,4662014Revenue 2015: $480,961Expenses 2015: $480,099Net Income 2015: $8622015Revenue 2016: $663,042Expenses 2016: $579,368Net Income 2016: $83,6742016Revenue 2017: $472,925Expenses 2017: $506,106Net Income 2017: -$33,1812017Revenue 2018: $431,735Expenses 2018: $508,292Net Income 2018: -$76,5572018Revenue 2019: $550,869Expenses 2019: $484,964Net Income 2019: $65,9052019Revenue 2020: $497,752Expenses 2020: $492,099Net Income 2020: $5,6532020Revenue 2021: $420,507Expenses 2021: $408,422Net Income 2021: $12,0852021Revenue 2022: $496,449Expenses 2022: $572,923Net Income 2022: -$76,4742022Revenue 2023: $78,218Expenses 2023: $31,768Net Income 2023: $46,4502023Revenue 2024: $49,260Expenses 2024: $19,728Net Income 2024: $29,5322024

Highlighted filing

2018

Revenue$431,735
Expenses$508,292
Net Income-$76,557
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$453,242
Mission and Program Overview

Mission

The organization's purposes are as follows: (1) the education of the general public regarding the various levels of equestrian sporting activites and to conduct a nationally recognized combined training event which stimulates public awareness and participation in the sport; (2)the protection and preservation of the environment by showcasing harmonious multiple uses of public greenspace; and (3) fund raising to benefit local irc section 501(c)(3) tax exempt organizations and city recreation facilities for the general public.

Sponsorship of horse trials

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$112,393$65,171▼ $47,222
Cash and Non-Interest-Bearing Accounts$12,230$29,116▲ $16,886
Rtn Earn Endowment Incm Other Fnds$105,466$28,909▼ $76,557
Inventories for Sale or Use$10,843$9,622▼ $1,221
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$135,466$103,909▼ $31,557
Liabilities
Mortgage Notes Payable Secured by Investment Property$30,000$75,000▲ $45,000
Total Liabilities$30,000$75,000▲ $45,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$105,466$28,909▼ $76,557
Total Liabilities and Net Assets / Fund Balance$135,466$103,909▼ $31,557

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$65,171$246,933$312,104
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas a BarronChairman
Jane H BarronPresident
Lori ElliottDirector
Rose NaffDirector
David ChapmanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$224,853
Program Service Revenue
$185,832
Investment Income
$2
Other Revenue
$21,048
All Other Contributions
$224,853
Change in Net Assets
$-76,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$508,292
Total Fundraising Expense$35,752
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$107,378--$107,378
Depreciation Depletion$58,437--$58,437
Advertising--$35,752$35,752
Office Expenses$2,429$21,860-$24,289
Other Expenses$10,633--$10,633
All Other Expenses-$4,515-$4,515
Occupancy-$2,184-$2,184
Interest-$1,869-$1,869
Total Functional Expenses$442,112$30,428$35,752$508,292
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
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Tom barron and jane barron are husband and wife.

Form 990, Part VI, Section B, Line 11B

A copy of the tax return has been provided to all members of the board of directors either by email or by mail prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available upon request at the office of the organization

Filing and Contact Details

Filer

Filer Name
Red Hills Horse Trials Inc
EIN
59-3459779
Phone
8508932497
Address
POST OFFICE BOX 14869, TALLAHASSEE, FL 32317

Signing Officer

Name
Jane Barron
Title
President
Phone
8508932497
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Barron
Formed
1998
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
719

Preparer

Firm
MOORE ELLISON & MCDUFFIE CPA'S PA
Address
2627 MITCHAM DRIVE, TALLAHASSEE, FL 32308
Preparer
Charlette L Moore
Phone
8508773149
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Event officials and hired personnel: program service expenses 107,378. Management and general expenses 0. Fundraising expenses 0. Total expenses 107,378.

Raw XML Appendix354 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TOM BARRON AND JANE BARRON ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE TAX RETURN HAS BEEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS EITHER BY EMAIL OR BY MAIL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST AT THE OFFICE OF THE ORGANIZATION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0135466
IRS990/TotalAssetsEOYAmt0103909
IRS990/TotalAssetsGrp/BOYAmt0135466
IRS990/TotalAssetsGrp/EOYAmt0103909
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0224853
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt035752
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030428
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0442112
IRS990/TotalFunctionalExpensesGrp/TotalAmt0508292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030000
IRS990/TotalLiabilitiesEOYAmt075000
IRS990/TotalLiabilitiesGrp/BOYAmt030000
IRS990/TotalLiabilitiesGrp/EOYAmt075000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0105466
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt028909
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0442112
IRS990/TotalProgramServiceRevenueAmt0185832
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0206880
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0431735
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0719
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0135466
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0103909
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0POST OFFICE BOX 14869
IRS990/USAddress/CityNm0TALLAHASSEE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032317
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.RHHT.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JANE BARRON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08508932497
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RED HILLS HORSE TRIALS INC
ReturnHeader/Filer/BusinessNameControlTxt0REDH
ReturnHeader/Filer/EIN0593459779
ReturnHeader/Filer/PhoneNum08508932497
ReturnHeader/Filer/USAddress/AddressLine1Txt0POST OFFICE BOX 14869
ReturnHeader/Filer/USAddress/CityNm0TALLAHASSEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032317
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04BFC476295E447D7DD98F3C3EAFE5628BFBFE5D2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00AA6A7DB4A10A0A2BD942E759DD7496B63AC2F93
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.12.159.217
ReturnHeader/FilingSecurityInformation/IPDt02019-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm009:46:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593134928
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOORE ELLISON & MCDUFFIE CPA'S PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02627 MITCHAM DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TALLAHASSEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032308
ReturnHeader/PreparerPersonGrp/PhoneNum08508773149
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLETTE L MOORE
ReturnHeader/ReturnTs02019-05-10T08:47:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.49$0.20$0.30
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.78$0.32$0.46
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$4.96$5.73$0.76
2021Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$4.21$4.08$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$4.98$4.92$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$5.51$4.85$0.66
2018Detailed filing. Detailed filing data is available for this year.$1.04$0.75$0.29$4.32$5.08$0.77
2017Detailed filing. Detailed filing data is available for this year.$1.35$0.30$1.05$4.73$5.06$0.33
2016Detailed filing. Detailed filing data is available for this year.$1.64$0.25$1.39$6.63$5.79$0.84
2015Detailed filing. Detailed filing data is available for this year.$1.45$0.90$0.55$4.81$4.80$0.01
2014Summary only. Only limited summary data is available for this year.$0.64$0.10$0.54$5.10$4.98$0.12
2013Summary only. Only limited summary data is available for this year.$0.42$0.00$0.42$3.87$4.08$0.21
2012Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$3.33$6.09$2.76
2011Summary only. Only limited summary data is available for this year.$3.39$0.00$3.39$3.68$3.59$0.09