Nonprofit · EIN 47-2269573
ASPEN EQUESTRIAN TEAM
Tax-exempt · BASALT, CO 81621
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $221,827 | $10,706 | $211,121 | $199,711 | $199,711 | $0 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $221,827
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $5,794
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $4,680
- Salaries, compensation and benefits (total)
- $4,680
- Professional fundraising fees
- $0
- Travel
- $30
- Program services (functional)
- $10,706
Balance sheet and other
- Total assets, start of year
- $4,827
- Total assets, end of year
- $199,711
- Total liabilities, end of year
- $199,711
- Net assets, end of year
- $0
- Gross receipts
- $221,827
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2015
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Watson | Member Trustee or director | 10 | $0 |
| Michelle Thibeault | Member Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2207, BASALT, CO 81621-2207
- In care of
- % MICHELLE BONFILS THIBEAULT
- Mailing address (990-N for 2025)
- PO Box 2207, Basalt CO 81621
- Principal officer (990 for 2023)
- Patricia K Watson, 472 Aster Dr, Glenwood Springs, CO 81601
- Principal officer (990-N for 2025)
- Patricia K Watson, 472 Aster Dr, Glenwood Springs CO 81601
- Signed the 990
- Patricia Watson, Member
- Phone
- (970) 618-5596
Mission
The Aspen Equestrian Team participates with a National Organization, Interscholastic Equestrian Association. We provide a venue and horses to local High School and Middle School children to learn horsemanship skills and to show against other teams within the IEA. We compete in 5 Regional Shows, a Regional Final, Zone Final, and National Finals. The Children can compete and earn points both as individuals and as part of the team.
Program accomplishments
- We own one horse and lease others to use for our team. The horse expenses include veterinary care, farrier care, board, feed, tack.Expenses $18,502 · revenue $649
- We offer a scholarship to kids that cannot pay their own way for showing and lessons.Expenses $5,795
- Trainer fees, horse lease fees, travel fees are all reimbursed by the members. Entry fees are paid by the team and reimbursed by members.Expenses $5,000 · revenue $8,500
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2269573
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N69)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Patricia K Watson | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: Patricia K Watson | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | $221,827 | $10,706 | $199,711 | XML |
| 990-N for 2022 Officer: Patricia K Watson | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Patricia K Watson | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Patricia Watson | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2269573).
Questions about ASPEN EQUESTRIAN TEAM
- What is the EIN of ASPEN EQUESTRIAN TEAM?
- The employer identification number (EIN) of ASPEN EQUESTRIAN TEAM is 47-2269573.
- Is ASPEN EQUESTRIAN TEAM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to ASPEN EQUESTRIAN TEAM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASPEN EQUESTRIAN TEAM file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ASPEN EQUESTRIAN TEAM due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASPEN EQUESTRIAN TEAM last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of ASPEN EQUESTRIAN TEAM?
- The 990 for the year ended December 31, 2023 names Patricia K Watson.
- Who are the officers and directors of ASPEN EQUESTRIAN TEAM?
- The 990 for the year ended December 31, 2023 lists 2 people; 0 received compensation from the organization.
- How much revenue does ASPEN EQUESTRIAN TEAM have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $221,827, expenses of $10,706 and total assets of $199,711 at year end.
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