2024-09-26T17:54:50-05:00 2023-12-31 950858589 HUTCHINSON AND BLOODGOOD LLP 550 N BRAND BLVD 14TH FLOOR GLENDALE CA 91203 990 2023-01-01 950739600 FLINTRIDGE RIDING CLUB FLIN 8189521233 4625 OAK GROVE DRIVE LA CANADA FLINTRIDGE CA 91011 MARK SAMUELS PRESIDENT 8189521233 2024-09-25 1 0 MARK J HENNELLY P00982999 8186375000 2023 2024-08-08 14:25:15Z MARK SAMUELS 4625 OAK GROVE DRIVE LA CANADA FLINTRIDGE CA 91011 3828085 0 X WWW.FLINTRIDGERIDINGCLUB.ORG X 1923 CA TO PROMOTE HORSEBACK RIDING, GAMES, SPORTS, AND ENTERPRISES PERTAINING TO HORSES. 9 9 30 0 1119324 1046406 0 0 2298854 2538070 4379 23796 920467 965473 3223700 3527339 0 0 0 0 1319866 1474847 0 0 0 2125594 1919950 3445460 3394797 -221760 132542 2788145 2968737 174212 210649 2613933 2758088 TO PROMOTE HORSEBACK RIDING, GAMES, SPORTS, AND ENTERPRISES PERTAINING TO HORSES. 0 0 PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 30 1 1 1 0 0 0 1 1 100116 71679 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X KEVIN BASHAM 8189521233 4625 OAK GROVE LA CANADA CA 91011 RUTHANN MELBOURNE TREASURER 15.00 X X 0 0 0 MARK SAMUELS PRESIDENT 20.00 X X 0 0 0 SUE MILES SECRETARY 15.00 X X 0 0 0 WENDY HODGIN VICE PRESIDENT 20.00 X X 0 0 0 ALEEN DEVOR DIRECTOR 8.00 X 0 0 0 ARA AGHAJANIAN DIRECTOR 8.00 X 0 0 0 HEATHER NELSON DIRECTOR 8.00 X 0 0 0 RHONDA STRAUSS DIRECTOR 8.00 X 0 0 0 ANGELA TINSLEY DIRECTOR 8.00 X 0 0 0 KEVIN BASHAM EXECUTIVE DIRECTOR 50.00 X 127464 0 0 127464 0 0 1 0 0 0 0 HORSE HIRES/SHOWS/STABLES 713910 1803577 1731898 71679 MEMBERSHIP DUES & ASSESSM 713910 561590 561590 INITIATION FEE 713910 100116 100116 MISC INCOME 713910 72787 72787 2538070 23796 23796 1219531 195682 1023849 1023849 1023849 46688 105064 -58376 -58376 3527339 2408015 1119324 0 X 127464 1087051 162385 97947 8069 170052 196736 HAY 411401 TAXES 317745 SHAVINGS 180397 EQUESTRIAN OPERATING EX 166206 469344 3394797 594066 1054150 829127 575389 115825 162346 14538 4865 209959 162631 4557980 3548624 1024630 1009356 2788145 2968737 174212 210649 174212 210649 X 2613933 2758088 2613933 2758088 2788145 2968737 132542 11613 0 X 0 1 X 1 0 23618 23618 2237237 1916026 321211 948628 753206 195422 1348497 879392 469105 1009356 X 3839698 11613 300746 312359 3527339 0 3527339 3695543 300746 300746 3394797 0 3394797 PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME AS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(7) AND SIMILAR CALIFORNIA CODE PROVISIONS. HOWEVER, THE TAX REFORM ACT OF 1969 PROVIDES FOR THE ASSESSMENT OF TAXES ON WHAT IS TERMED UNRELATED BUSINESS INCOME. THE CLUB EARNS UNRELATED BUSINESS INCOME FROM INTEREST INCOME, RENTAL INCOME AND NET INCOME FROM NONMEMBER SOURCES SUCH AS NONMEMBER FOOD AND BEVERAGE SALES AND HORSE SHOWS. A PROVISION FOR THE APPLICABLE FEDERAL AND STATE TAXES IS REFLECTED FOR THE UNRELATED BUSINESS INCOME IN THE FINANCIAL STATEMENTS. THE CLUB RECOGNIZES TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS A 501(C)(7) ORGANIZATION, THE CLUB IS LIMITED IN THE AMOUNT OF REVENUE THAT CAN BE GENERATED FROM NONMEMBER AND INVESTMENT INCOME. IF THE CLUB'S STATUS AS A 501(C)(7) ORGANIZATION WERE CHALLENGED BY THE INTERNAL REVENUE SERVICE (IRS), THE CLUB FEELS IT WOULD NOT MATERIALLY AFFECT THE CLUB'S FINANCIAL POSITION. AS OF DECEMBER 31, 2023 AND 2022, THE FINANCIAL STATEMENTS REFLECT NO ADJUSTMENT RELATED TO UNCERTAINTIES FOR INCOME TAXES. AS OF DECEMBER 31, 2023, THE CLUB'S TAX FILINGS FOR THE PRIOR THREE AND FOUR YEARS ARE OPEN FOR AUDIT BY FEDERAL AND STATE TAX AGENCIES, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 105,064. RENTAL EXPENSES 195,682. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 105,064. RENTAL EXPENSE 195,682. 0 0 0 KEVIN BASHAM EXECUTIVE DIRECTOR 127464 0 0 0 0 0 0 0 0 0 127464 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - FLINTRIDGE RIDING CLUB HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - FLINTRIDGE RIDING CLUB HAS DIFFERENT CATEGORIES OF MEMBERS; ONLY THE "REGULAR OR "EQUITY" MEMBERS HAVE THE RIGHT TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - AMMENDMENT TO THE BYLAWS AND OTHER CHANGES VOTED ON BY THE BOARD OF DIRECTORS, MUST BE APPROVED BY A MAJORITY VOTE OF THE REGULAR MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FORM 990 AND 990-T ARE REVIEWED BY THE TREASURER PRIOR TO SIGNATURE AND FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL, OFFICER OR MEMBER OF A COMMITTEE WITH DECISION-RECOMMENDATION AUTHORITY SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED, REVIEWED, AND UNDERSTOOD THE CURRENT CONFLICT OF INTEREST POLICY, AGREES TO COMPLY WITH IT, AND UNDERSTAND THAT THE CLUB IS A NON-PROFIT ORGANIZATION AND MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ITS TAX-EXEMPT PURPOSE(S). FORM 990, PART VI, SECTION B, LINE 15 FLINTRIDGE RIDING CLUB USES MARKET INFORMATION AS WELL AS THE CLUB'S PAST COMPENSATION PROCESS IN DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE SUCH DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E MANURE REMOVAL 143,000. UTILITES 112,210. A&G OPERATING EXPENSES 98,586. REPAIRS & MAINTENANCE 43,303. PROPERTY TAXES 31,285. SUPPLIES 21,682. POSTAGE 9,781. F&B OPERATING EXPENSES 9,410. OTHER EXPENSE 87.