American Shorthorn -Breeders- Association
- Assets
- $1.4m
- Revenue
- $1.7m
- Investments
- $1.1m
- Employees
- 10
- Location
- Platte Woods, MO
- Founding
- 08/1948
- Data as of
- 08/2022
- EIN
- 47-0438726
Organization Overview
American Shorthorn -Breeders- Association is located in Platte Woods, MO. The organization was established in 1948. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., under the broad grouping of Animal-Related and related organizations. As of 08/2022, American Shorthorn -Breeders- Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Shorthorn -Breeders- Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2022, American Shorthorn -Breeders- Association generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.6m during the year ending 08/2022. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ADVANCEMENT OF THE SHORTHORN CATTLE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN SHORTHORN ASSOCIATION SERVES MEMBERS AND ENHANCES THE VALUE OF THE SHORTHORN BREED BY MANAGING DATA, MAINTAINING THE INTEGRITY OF THE HERDBOOK, EDUCATING MEMBERS AND COMMUNICATING THE VALUE OF SHORTHORN CATTLE RESULTING IN THE EXPANDED USE OF SHORTHORN GENETICS IN THE U.S. BEEF INDUSTRY.
THE NATIONAL JUNIOR SHORTHORN SHOW & YOUTH CONFERENCE IS AN EXAMPLE OF EXCELLENT PROGRAMMING FOR SHORTHORN YOUTH MEMBERS. CLOSE TO 400 YOUNG PEOPLE AND THEIR FAMILIES COME TOGETHER TO COMPETE WITH CATTLE IN THE SHOW RING AND AS INDIVIDUALS AND TEAMS IN A VARIETY OF CONTESTS. IT'S AN ACTION-PACKED WEEK OF LEARNING AND FUN THAT DEVELOPS SKILLS, KNOWLEDGE AND CONFIDENCE, ALONG WITH LOVE FOR THE BREED AND FRIENDSHIPS THAT LAST A LIFETIME. THE COST TO PRODUCE THIS ANNUAL EVENT IS MORE THAN $250,000, MOSTLY RAISED THROUGH SPONSORSHIPS AND DONATIONS. ACCORDING TO A SURVEY CONDUCTED AT THE SHORTHORN IMPACT CONFERENCE, 61% OF THE BREEDERS IN ATTENDANCE WERE JUNIOR MEMBERS. THESE ACTIVE MEMBERS OF THE AMERICAN SHORTHORN ASSOCIATION PROVE HOW IMPORTANT YOUTH DEVELOPMENT IS, AND THAT JUNIOR INVOLVEMENT IS THE PATHWAY TO THE FUTURE SUCCESS OF OUR BREED.
THE ASSOCIATION PROMOTES THE SHORTHORN BREED THROUGH COLLEGE SCHOLARSHIPS, YOUTH ACTIVITIES, PROMOTIONAL PUBLICATIONS INCLUDING THE 150TH ANNIVERSARY BOOK, AND ACTIVE PARTICIPATION AT NATIONAL CATTLE SHOWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Montie Soules CEO | Officer | 40 | $130,365 |
Joe Bales President | OfficerTrustee | 0 | $0 |
Dave Greenhorn Executive Director | OfficerTrustee | 0 | $0 |
John Sonderman Vice President | OfficerTrustee | 0 | $0 |
Toby Jordan Director | Trustee | 0 | $0 |
Lee Miller Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $282,075 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,075 |
| Total Program Service Revenue | $1,338,038 |
| Investment income | $27,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,659,701 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,365 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,819 |
| Pension plan accruals and contributions | $9,505 |
| Other employee benefits | $30,187 |
| Payroll taxes | $16 |
| Fees for services: Management | $67,482 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $65,682 |
| Advertising and promotion | $207,186 |
| Office expenses | $440,410 |
| Information technology | $79,206 |
| Royalties | $0 |
| Occupancy | $161,810 |
| Travel | $88,602 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,124 |
| Interest | $187 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,024 |
| Insurance | $10,033 |
| All other expenses | $9,601 |
| Total functional expenses | $1,627,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,270 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,246 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,620 |
| Net Land, buildings, and equipment | $45,294 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,050,261 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $1,422,691 |
| Accounts payable and accrued expenses | $50,367 |
| Grants payable | $0 |
| Deferred revenue | $15,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $65,367 |
| Net assets without donor restrictions | $1,357,324 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,422,691 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Shorthorn -Breeders- Association Platte Woods, MO | $1,422,691 | $1,659,701 |
North American Deer Registry Edmond, OK | $623,219 | $1,602,891 |
Thoroughbred Owners And Breeders Association Inc Lexington, KY | $3,840,044 | $1,423,625 |
Kentucky Thoroughbred Owners And Breeders Inc Lexington, KY | $2,411,831 | $1,040,440 |
North American Versatile Hunting Dog Association Arlington Heights, IL | $1,701,254 | $879,394 |
Grand Island Livestock Complex Authority Grand Island, NE | $471,773 | $565,711 |
German Shepherd Dog Club Of America Inc Saint Louis, MO | $523,555 | $495,868 |
Iowa Thoroughbred Breeders And Owners Association Altoona, IA | $1,041,000 | $379,828 |
Tennessee Reining Horse Association Speedwell, TN | $77,354 | $452,735 |
Iowa State Aberdeen Angus Breeders Association Benton, IA | $140,586 | $435,692 |
Mercer County Fair & Horse Show Inc Harrodsburg, KY | $196,569 | $331,638 |
Central Kentucky Reining Horse Association Inc Fairdale, KY | $152,423 | $335,218 |