Civic Intelligence

Dressage at Devon

990 • Fiscal year 2025 • EIN 75-3221133

Mar 01, 2024 to Feb 28, 2025 • Filed on Dec 23, 2025

1095 Harmony Hill RoadDowningtown, PA 19335

(484) 802-9371

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.13x

Higher debt load relative to assets than 73% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

55th percentile

0.03x

Higher debt load relative to revenue than 55% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

34th percentile

-2.0%

Higher net margin than 34% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

60th percentile

$9,600

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

21st percentile

-6.6%

Faster asset growth than 21% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

43rd percentile

2.5%

Faster revenue growth than 43% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$196,597

Down $13,857 (-6.6%) from 2024

Net Assets

Down

$171,221

Down $20,137 (-11%) from 2024

Liabilities

Up

$25,376

Up $6,280 (+33%) from 2024

Revenue

Up

$990,686

Up $23,860 (+2.5%) from 2024

Expenses

Up

$1,010,823

Up $48,864 (+5.1%) from 2024

Net Income

Down

-$20,137

Down $25,004 (-514%) from 2024

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $214,721Liabilities 2012: $3,914Net Assets 2012: $210,8072012Assets 2013: $323,143Liabilities 2013: $53,745Net Assets 2013: $269,3982013Assets 2014: $339,773Liabilities 2014: $16,213Net Assets 2014: $323,5602014Assets 2015: $335,235Liabilities 2015: $17,041Net Assets 2015: $318,1942015Assets 2016: $268,538Liabilities 2016: $18,725Net Assets 2016: $249,8132016Assets 2017: $188,019Liabilities 2017: $14,506Net Assets 2017: $173,5132017Assets 2018: $143,406Liabilities 2018: $6,744Net Assets 2018: $136,6622018Assets 2019: $135,134Liabilities 2019: $4,500Net Assets 2019: $130,6342019Assets 2020: $75,706Liabilities 2020: $0Net Assets 2020: $75,7062020Assets 2021: $70,668Liabilities 2021: $02021Assets 2022: $164,087Liabilities 2022: $5,859Net Assets 2022: $158,2282022Assets 2023: $164,554Liabilities 2023: $45,530Net Assets 2023: $119,0242023Assets 2024: $210,454Liabilities 2024: $19,096Net Assets 2024: $191,3582024Assets 2025: $196,597Liabilities 2025: $25,376Net Assets 2025: $171,2212025

Highlighted filing

2025

Assets$196,597
Liabilities$25,376
Net Assets$171,221

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $792,303Expenses 2012: $816,936Net Income 2012: -$24,6332012Expenses 2013: $761,2222013Revenue 2014: $816,766Expenses 2014: $762,391Net Income 2014: $54,3752014Revenue 2015: $831,163Expenses 2015: $836,476Net Income 2015: -$5,3132015Revenue 2016: $782,946Expenses 2016: $853,674Net Income 2016: -$70,7282016Revenue 2017: $785,416Expenses 2017: $832,168Net Income 2017: -$46,7522017Revenue 2018: $762,888Expenses 2018: $803,281Net Income 2018: -$40,3932018Revenue 2019: $705,443Expenses 2019: $709,672Net Income 2019: -$4,2292019Revenue 2020: $679,844Expenses 2020: $734,772Net Income 2020: -$54,9282020Revenue 2021: $35,578Expenses 2021: $40,616Net Income 2021: -$5,0382021Revenue 2022: $746,882Expenses 2022: $661,008Net Income 2022: $85,8742022Revenue 2023: $854,691Expenses 2023: $888,662Net Income 2023: -$33,9712023Revenue 2024: $966,826Expenses 2024: $961,959Net Income 2024: $4,8672024Revenue 2025: $990,686Expenses 2025: $1,010,823Net Income 2025: -$20,1372025

Highlighted filing

2025

Revenue$990,686
Expenses$1,010,823
Net Income-$20,137
Jump To
Filing Snapshot
Filing Period
Mar 1, 2024 to Feb 28, 2025
Signed
Dec 23, 2025
Return Version
2024v5.2
Gross Receipts
$990,686
Mission and Program Overview

Mission

It is the organization's intent to produce an annual dressage and sport horse breeding competition that will generally be recognized as the premier event of its type in the united states. The proceeds of dressage at devon shall be used for the promotion of the sport of dressage, the provision of dressage education, and the show beneficiaries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$113,710$144,547▲ $30,837
Pledges and Grants Receivable$67,467$33,734▼ $33,733
Accounts Receivable$5,093$10,454▲ $5,361
Prepaid Expenses and Deferred Charges$18,475$5,485▼ $12,990
Inventories for Sale or Use$3,993$1,349▼ $2,644
Land, Buildings, and Equipment, Net$1,715$1,027▼ $688
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$210,454$196,597▼ $13,857
Other Assets Total$1$1→ $0
Liabilities
Deferred Revenue$9,596$15,734▲ $6,138
Accounts Payable and Accrued Expenses$9,500$9,642▲ $142
Total Liabilities$19,096$25,376▲ $6,280
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$191,358$137,487▼ $53,871
Net Assets With Donor Restrictions-$33,734-
Total Net Assets Fund Balance$191,358$171,221▼ $20,137
Total Liabilities and Net Assets / Fund Balance$210,454$196,597▼ $13,857

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,027$15,203$16,230
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Audrey McmichaelTreasurerPT$9,600$9,600

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$312,177
Program Service Revenue
$678,508
Investment Income
$1
Other Revenue
$0
All Other Contributions
$312,177
Change in Net Assets
$-20,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,010,823
Total Fundraising Expense$85,853
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$297,155$11,695$1,040$309,890
Advertising$89,426-$80,663$170,089
Other Expenses$87,653$8,082$4,150$87,653
Fees for Services Accounting-$15,228-$15,228
Insurance-$5,809-$5,809
Depreciation Depletion-$688-$688
Total Functional Expenses$883,468$41,502$85,853$1,010,823
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The membership elects the governing body.

Form 990, Part VI, Section A, Line 7B

Members must approve any fundamental change as that term is defined in the by-laws.

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

Form 990 is to be reviewed by the treasurer and any other board members that she deems necessary.

Form 990, Part VI, Section C, Line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Dressage at Devon
EIN
75-3221133
Phone
4848029371
Address
1095 HARMONY HILL ROAD, DOWNINGTOWN, PA 19335

Signing Officer

Name
Audrey Mcmichael
Title
Treasurer
Signed
2025-12-23
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
260

Preparer

Firm
Beucler Kelly & Irwin Ltd
Address
125 STRAFFORD AVE STE 116, WAYNE, PA 19087
Preparer
Janine Bovatsek
Phone
6106883200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

AUDIO/VISUAL: Column (A) - Total = $2600; Column (B) - Program Services = $2600; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

AWARDS AND TROPHIES: Column (A) - Total = $68581; Column (B) - Program Services = $68581; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

BANK AND CREDIT CARD FEES: Column (A) - Total = $2336; Column (B) - Program Services = $320; Column (C) - Management & General = $2001; Column (D) - Fundraising = $15

Form 990, Part IX, Line 24E

CATERING: Column (A) - Total = $20821; Column (B) - Program Services = $19796; Column (C) - Management & General = $0; Column (D) - Fundraising = $1025

Form 990, Part IX, Line 24E

DECORATIONS: Column (A) - Total = $19250; Column (B) - Program Services = $19250; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

GENERAL SHOW PRODUCTION COSTS: Column (A) - Total = $55032; Column (B) - Program Services = $54885; Column (C) - Management & General = $147; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

GRAND PRIX SHOPS: Column (A) - Total = $18339; Column (B) - Program Services = $18339; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

MAINTENANCE: Column (A) - Total = $87025; Column (B) - Program Services = $87025; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

OTHER GENERAL AND ADMINISTRATI: Column (A) - Total = $30276; Column (B) - Program Services = $24859; Column (C) - Management & General = $5417; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

TRADEMARK: Column (A) - Total = $5630; Column (B) - Program Services = $1500; Column (C) - Management & General = $4130; Column (D) - Fundraising = $0

Financial Statement Notes

Part X : FIN48 Footnote

The Organization follows the accounting requirements for uncertain tax positions, FASB ASC 740, Income Taxes. Under FASB ASC 740, an entity must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not the position will be sustained. Management does not believe there are any material uncertain tax positions and, accordingly, it did not recognize any liability for unrecognized tax benefits.

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IRS990/MissionDesc0IT IS THE ORGANIZATION'S INTENT TO PRODUCE AN ANNUAL DRESSAGE AND SPORT HORSE BREEDING COMPETITION THAT WILL GENERALLY BE RECOGNIZED AS THE PREMIER EVENT OF ITS TYPE IN THE UNITED STATES. THE PROCEEDS OF DRESSAGE AT DEVON SHALL BE USED FOR THE PROMOTION OF THE SPORT OF DRESSAGE, THE PROVISION OF DRESSAGE EDUCATION, AND THE SHOW BENEFICIARIES.
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IRS990/ReconcilationRevenueExpnssAmt0-20137
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization follows the accounting requirements for uncertain tax positions, FASB ASC 740, Income Taxes. Under FASB ASC 740, an entity must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not the position will be sustained. Management does not believe there are any material uncertain tax positions and, accordingly, it did not recognize any liability for unrecognized tax benefits.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01027
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.20$0.03$0.17$0.99$1.01$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.19$0.97$0.96$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.16$0.05$0.12$0.85$0.89$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.16$0.75$0.66$0.09
2021Summary only. Only limited summary data is available for this year.$0.07$0.00$0.04$0.04$0.01
2020Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.68$0.73$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.13$0.71$0.71$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.14$0.76$0.80$0.04
2017Summary only. Only limited summary data is available for this year.$0.19$0.01$0.17$0.79$0.83$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.02$0.25$0.78$0.85$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.32$0.83$0.84$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.32$0.82$0.76$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.05$0.27$0.76
2012Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$0.79$0.82$0.02