NEW MEXICO DRESSAGE CHAPTER ROCKY MOUNTAIN DRESSAGE SOCIETY

EIN: 844238986 501(c)(3)

Santa Fe, NM

Total Revenue
$248,476
Total Expenses
$242,301
Total Assets
$46,514
Net Assets
$46,514
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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NM
Principal Officer
Maureen Mestas
Phone
5053101050
Tax Period
2022-01-01 to 2022-12-31

NEW MEXICO DRESSAGE CHAPTER ROCKY MOUNTAIN DRESSAGE SOCIETY, founded in 2020, is a small nonprofit that reported $248K in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year.

Mission

DCNM focuses on providing opportunities for basic through advanced education; recognized and schooling competitions; symposia on special topics; and supporting adult and young riders with scholarship and grant programs.

Program Service Accomplishments

Program 1
Expenses: $234,008 Revenue: $230,213

A Horse Show Season to demonstrate the education and training of riders and horses in the sport of dressage was held between 14 May 2022 to 26 September 2022. Six USEF licensed competition days were...

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A Horse Show Season to demonstrate the education and training of riders and horses in the sport of dressage was held between 14 May 2022 to 26 September 2022. Six USEF licensed competition days were held at HIPICO Santa Fe New Mexico. The competitions featured riders of all levels, horses of all levels. Amateur, professional and junior/young riders were entered. Awards and prizes for merit from 1st through 6th place were given. Riders also earned "qualifying" scores to proceed to championships for the United States Dressage Federation show system and other governing bodies in the discipline of the dressage sport. USEF licensed judges awarded scores and comments to the riders on their proficiency and areas of improvement needed, if any.

Program 2

The Grant and Scholarship Program was implemented in June 2021 with a grant from the Jack Kagan Foundation. The intention of this grant program is to promote the dressage education of young riders...

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The Grant and Scholarship Program was implemented in June 2021 with a grant from the Jack Kagan Foundation. The intention of this grant program is to promote the dressage education of young riders between the ages of 13 and 21. Young riders complete a formal grant application process and must meet established application criteria, as well as provide follow up reporting of their activities for which they received the grant. Grant amounts are in increments of $100. A new Adult Amateur Grant was initiated in 2022. This grant allows adult (non-professional) riders to apply for financial assistance to pursue education through classroom teaching, clinic teaching and remote learning sources. Repayment of grants is not required. It is planned to increase the Grant and Scholarship Program to $2000 for 2023

Program 3
Revenue: $2,023

The Education Events Program was initiated in 2021 with the first event planned for April 2022 called Developing Collection. This symposium applied for grant funding from The Dressage Foundation and...

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The Education Events Program was initiated in 2021 with the first event planned for April 2022 called Developing Collection. This symposium applied for grant funding from The Dressage Foundation and the USDF GMO Education Initiative. The learning objective is to allow riders and observers to increase their knowledge and skills in the area of horse conformation, horse training and applied biomechanical theory to improve the rider and horse as they work as a partnership in dressage training and competition. The total amount applied for was $3000.00. It was not received before the conclusion of 2021. It was received in 2022 and the event was successfully presented. This activity and expenses/revenue will be reported in 2022 990 filing.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $16,240
Program Service Revenue $232,236
Investment Income $0
Other Revenue $0
TOTAL REVENUE $248,476

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $234,008
Other Expenses $242,301
TOTAL EXPENSES $242,301

Year-over-Year Comparison

2022 2021 Change
Revenue $248,476 $274,604 -0.1%
Expenses $242,301 $242,350 0.0%
Net Income $6,175 $32,254 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
4
Employees
N/A
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maureen Mestas President 30.00
Officer Director
$0 $0 $0
Cindy Holloway Vice President 10.00
Officer Director
$0 $0 $0
Brian Nenninger Treasurer 10.00
Officer Director
$0 $0 $0
Jeffray Ryding Director 10.00
Director
$0 $0 $0
Nance McManus Director 5.00
Director
$0 $0 $0
Shelley Bachicha Director 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $248,476 $242,301 $46,514 $6,175
2021 $274,604 $242,350 $40,339 $32,254
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