Texas Sheep & Goat Raisers Assoc
- Assets
- $525.7k
- Revenue
- $214.7k
- Investments
- $0.0
- Employees
- 1
- Location
- San Angelo, TX
- Founding
- 07/1937
- Data as of
- 06/2024
- EIN
- 75-0608357
Organization Overview
Texas Sheep & Goat Raisers Assoc is located in San Angelo, TX. The organization was established in 1937. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Sheep & Goat Raisers Assoc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, Texas Sheep & Goat Raisers Assoc generated $214.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $219.0k during the year ending 06/2024. While expenses have increased by 3.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SHEEP AND GOAT INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR NATIONAL PROMOTION OF THE SHEEP INDUSTRY THROUGH EDUCATION ADVERTISEMENT AND PRODUCT ADVANCEMENT AND AWARENESS
AMERICAN SHEEP INDUSTRY DUES FOR PROMOTION OF WOOL PRODUCTS ON A NATIONAL LEVEL
AWARDS AND SCHOLARSHIPS - RECOGNITION OF PUBLIC CONTRIBUTION FOR PROMOTION OF THE SHEEP AND GOAT INDUSTRY AND RECOGNITION OF ACADEMIC EXCELLENCE IN STUDENTS FROM AGRICULTURAL COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darci Luensmann Executive Secretary | 40 | $49,593 | |
Rick Powers President | Officer | 20 | $0 |
Sharon Pfluger Holman Vice President | Officer | 15 | $0 |
Baylor Walker Vice President | Officer | 15 | $0 |
Rodney Kott Immediate Past President | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $85,432 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,510 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,942 |
| Total Program Service Revenue | $0 |
| Investment income | $17,355 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,248 |
| 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 | $214,700 |
| 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. | $49,593 |
| Compensation of current officers, directors, key employees. | $49,593 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,694 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,861 |
| Office expenses | $12,924 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,643 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,404 |
| Interest | $0 |
| Payments to affiliates | $22,778 |
| Depreciation, depletion, and amortization | $3,397 |
| Insurance | $0 |
| All other expenses | $21,483 |
| Total functional expenses | $219,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,456 |
| Savings and temporary cash investments | $423,063 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,899 |
| Net Land, buildings, and equipment | $51,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $525,653 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $14,416 |
| 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 | $14,416 |
| Net assets without donor restrictions | $425,301 |
| Net assets with donor restrictions | $85,936 |
| 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 | $525,653 |