Mid-South Dressage Academy Inc in Hernando, Mississippi (MS)

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Mid-South Dressage Academy Inc
Employer Identification Number (EIN)201668590
Name of OrganizationMid-South Dressage Academy Inc
In Care of NameElizabeth G Clifton
Address6303 Robertson Gin Rd, Hernando, MS 38632-6775
SubsectionCharitable Organization, Educational Organization
Ruling Date03/2009
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$65,947
Amount of Income$207,894
Form 990 Revenue Amount$150,115
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Equestrian, Riding


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Amount of income in 2013: $207,894 (it was $221,173 in 2012)
Mid-South Dressage Academy Inc: 

 $207,894
Other organizations performing similar types of work: 

 $67,089

Assets in 2013: $65,947 (it was $123,802 in 2012)
This organization: 

 $65,947
Other organizations performing similar types of work: 

 $24,756

Expenses in 2012: $164,630
Mid-South Dressage Academy Inc: 

 $164,630
Other organizations performing similar types of work: 

 $55,624

Income to expenses ratio in 2012: 1.3
Mid-South Dressage Academy Inc: 

 1.3
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2012: 41.4%
Mid-South Dressage Academy Inc: 

 41.4%
Other organizations performing similar types of work: 

 21.2%

Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$217,217
Contributions, gifts, grants, and similar amounts received$90,002
Program service revenue including government fees and contracts$127,251
Membership dues and assessments$0
Investment income$0
Loss from sale of assets other than inventory$-50
Gross amount from sale of assets other than inventory$3,500
Less: cost or other basis and sales expenses$3,550
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$14
Gross sales of inventory, less returns and allowances$420
Less: cost of goods sold$406
Other revenue$0
Total expenses$164,630
Total net assets$74,208
Excess for the year$52,587
Net assets or fund balances at beginning of year$21,621
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$123,802
Total liabilities$49,594
Net assets or fund balances$74,208
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$402,005
Gifts, grants, contributions, and membership fees received$402,005
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$414,804
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1World Games 2010 Foundation Inc250 W Main St Ste 1400, Lexington, KY 40507-1721KY2007-02$2,649,947
2Valley Oaks Ranch Inc36875 Mesa Rd, Temecula, CA 92592-8626CA1999-10$1,693,070
3Washington State Hunters & Jumpers Association23929 22nd Dr Se, Bothell, WA 98021-9626WA1999-07$1,263,916
4Omaha Equestrian Foundation1004 Farnam St Ste 400, Omaha, NE 68102-1885NE2011-01$910,289
5Makers Mark Secretariat Center4089 Iron Works Pkwy, Lexington, KY 40511-8483KY2012-02$524,414
6Trinity Equestrian Center Kids Kamp IncS5300 State Road 37, Eau Claire, WI 54701-8628WI2005-02$478,522
7Take Flight Farms Inc1004 Farnam St Ste 400, Omaha, NE 68102-1885NE2002-06$426,339
8Central Florida Hunter & Jumper Assoc Inc12017 Brewster Dr, Tampa, FL 33626-2501FL2010-08$370,077
9Wahset, Wa High School Equestrian TeamsPO BOX 469, Camas, WA 98607-0469WA2007-10$368,614
10California Reining Horse Association1920 Gratton St, Riverside, CA 92504-5208CA2014-06$340,983
11Texoma Junior Rodeo Association1969 Eastman Rd, Colbert, OK 74733-3431OK2010-07$340,693
12Millbrook Horse Trials IncPO BOX 893, Millbrook, NY 12545-0893NY2013-02$296,204
13Great Falls Turf Club IncPO BOX 82, Great Falls, MT 59403-0082MT2015-01$288,888
14Celtic Charms Inc671 Fort Plains Rd, Howell, NJ 07731-1140NJ2010-09$281,892
15Westside Team Penning Club5130 246th St Ne, Arlington, WA 98223-9023WA2011-08$281,131
16Storybook Farm Inc300 Cusseta Rd, Opelika, AL 36801-9674AL2002-09$247,318
17Radnor Hunt Foundation826 Providence Rd, Malvern, PA 19355-3408PA2001-03$233,585
18Horses 4 Heroes Inc4637 N Monte Cristo Way, Las Vegas, NV 89149NV2007-02$227,137
19Mid-South Dressage Academy Inc6303 Robertson Gin Rd, Hernando, MS 38632-6775MS2009-03$207,894
20Hernando Horse Association Inc2951 Bend Rd, Coldwater, MS 38618-6573MS1999-01$0
Number of organizations performing similar types of work
Alaska5
Alabama10
Arkansas4
Arizona18
California87
Colorado35
Connecticut10
District of Columbia1
Delaware2
Florida31
Georgia27
Hawaii5
Iowa9
Idaho11
Illinois11
Indiana8
Kansas9
Kentucky20
Louisiana8
Massachusetts12
Maryland16
Maine3
Michigan21
Minnesota18
Missouri19
Mississippi2
Montana14
North Carolina19
North Dakota3
Nebraska9
New Hampshire1
New Jersey14
New Mexico10
Nevada9
New York22
Ohio27
Oklahoma21
Oregon18
Pennsylvania19
Rhode Island2
South Carolina6
South Dakota5
Tennessee16
Texas55
Utah6
Virginia31
Vermont3
Washington33
Wisconsin15
West Virginia5
Wyoming14
Total779

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