Texas Paint Horse Breeders Association is located in Decatur, TX. The organization was established in 1990. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Paint Horse 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 12/2023, Texas Paint Horse Breeders Association generated $44.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $40.6k during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE AND MAINTAIN THE CENTRAL REGISTRY OF ELIGIBLE PAINT RACE HORSES IN THE STATE OF TEXAS; TO ORGANIZE, DIRECT, PROMOTE AND REPRESENT TEXAS BRED PAINT HORSES AND THEIR OWNERS AT MEETINGS AUTHORIZED BY THE TEXAS RACING COMMISSION. TO ENCOURAGE THE BREEDING OF RACING PAINT HORSES IN THE STATE OF TEXAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pancho Villareal President | 4 | $0 | |
Kaye Jones Vice-Preside | 4 | $0 | |
Sandra Garnett Secretary | 4 | $0 | |
Bruce Grider Director | 4 | $0 | |
Rene Rios Director | 4 | $0 | |
Ramon Solis Director | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $42,463 |
Membership dues | $325 |
Investment income | $25 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,688 |
Total Revenue | $44,501 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $13,500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $263 |
Other expenses | $26,886 |
Total expenses | $40,649 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $120,625 |
Other assets | $0 |
Total assets | $122,173 |
Total liabilities | $29,032 |
Net assets or fund balances | $93,141 |