Texas Palomino Exhibitors Assn
- Assets
- $34.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Weatherford, TX
- Founding
- 01/1943
- Data as of
- 12/2020
- EIN
- 75-6038593
Organization Overview
Texas Palomino Exhibitors Assn is located in Weatherford, TX. The organization was established in 1943. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Palomino Exhibitors Assn is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2020, Texas Palomino Exhibitors Assn generated $94.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $95.5k during the year ending 12/2020. While expenses have increased by 4.6% per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
PROMOTE THE PALOMINO QUARTER HORSE THROUGH THE CONDUCT OF YOUTH, AMATEUR, FUTURITY, AND OPEN HORSE SHOW EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Greig President | 2 | $0 | |
Janet Cook 1st Vice Pre | 2 | $0 | |
Mandy Cleveland 2nd Cice Pre | 1 | $0 | |
Robyn Zumar 3rd Vice Pre | 1 | $0 | |
Renee Hemingsen 5th Vice Pre | 1 | $0 | |
Genda Hickey 5th Vice Pre | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,883 |
| Total Program Service Revenue | $85,030 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,695 |
| Total Revenue | $94,608 |
| 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 | $1,312 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $304 |
| Other expenses | $93,863 |
| Total expenses | $95,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,653 |
| Other assets | $0 |
| Total assets | $34,653 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,653 |