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Nonprofiteer
← AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC

Form 990 for tax year 2023

Filed by AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC.

What the amendment changed

Compared with the return it replaced , filed 15 November 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$2,429,077 changed to $2,312,761
Total expenses
$2,432,351 changed to $2,382,421
Contributions and grants received
$672,699 changed to $466,647
Grants paid
$41,162 changed to $16,396
Program service revenue
$1,712,153 changed to $1,699,906
Investment income
$43,331 changed to $55,870
Other revenue
$894 changed to $90,338
Total assets, end of year
$2,721,216 changed to $2,789,453
Total liabilities, end of year
$536,685 changed to $540,673
Net assets or fund balances, end of year
$2,184,531 changed to $2,248,780
Program services expenses
$2,119,178 changed to $2,061,936
Management and general expenses
$218,437 changed to $222,580
Fundraising expenses
$94,736 changed to $97,905
Program service expenses (Part III)
$2,119,178 changed to $2,061,936

Listed only on the earlier return

  • Diane Hauslein
  • John Scheidt
  • Larry Hartsock

Listed only on the later return

  • Jim Cherry
  • Kim Skipton
  • Larry Hartstock
  • Rick Curl

Listed under a different title

  • Allen Bosworth: BOARD PRESIDENT then PRESIDENT
  • Chris Schubert: BOARD VICE PRESIDENT then DIRECTOR
  • Clif Paulsen: BOARD SECRETARY then SECRETARY
  • Joan Todd: DIRECTOR then VICE PRESIDENT
  • Rachel Seifert: BOARD TREASURER then TREASURER

Totals

Total revenue
$2,312,761
Total expenses
$2,382,421
Contributions and grants received
$466,647
Grants paid
$16,396
Program service revenue
$1,699,906
Investment income
$55,870
Other revenue
$90,338
Total assets, end of year
$2,789,453
Total liabilities, end of year
$540,673
Net assets or fund balances, end of year
$2,248,780
Program services expenses (Part IX)
$2,061,936
Management and general expenses
$222,580
Fundraising expenses
$97,905
Program service expenses (Part III)
$2,061,936

Program services were 86.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $466,647

  • 1g · Noncash contributions included above

    $85,450

  • 2a · Program service revenue: PRIZE PROGRAM

    total $600,296 · related or exempt $600,296

  • 2b · Program service revenue: REGISTRY REVENUE

    total $564,132 · related or exempt $564,132

  • 2c · Program service revenue: SPECIAL EVENTS

    total $213,086 · related or exempt $213,086

  • 2d · Program service revenue: MEMBER DUES

    total $153,615 · related or exempt $153,615

  • 2e · Program service revenue: JOURNAL REVENUE

    total $150,640 · related or exempt $150,640

  • 2f · All other program service revenue

    total $18,137 · related or exempt $18,137

  • 3 · Investment income

    total $42,858 · excluded $42,858

  • 6a · Gross rents

    real property $894

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $894

  • 6d · Net rental income or loss

    total $894 · excluded $894

  • 7a · Gross sales of assets other than inventory

    securities $13,012

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $13,012

  • 7d · Net gain or loss

    total $13,012 · excluded $13,012

  • 8a · Fundraising events: gross income

    $81,482

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $81,482 · excluded $81,482

  • 10a · Gross sales of inventory

    $6,477

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $6,477 · related or exempt $6,477

  • 11a · Other revenue: MISCELLANEOUS

    total $1,485 · related or exempt $1,485

  • 11e · Other revenue, total

    $1,485

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $16,396 · program services $16,396

  • 5 · Compensation of officers, directors and key employees

    total $136,253 · program services $81,752 · management and general $27,251 · fundraising $27,250

  • 7 · Other salaries and wages

    total $501,639 · program services $384,963 · management and general $92,275 · fundraising $24,401

  • 9 · Other employee benefits

    total $97,054 · program services $67,300 · management and general $17,456 · fundraising $12,298

  • 10 · Payroll taxes

    total $47,748 · program services $33,110 · management and general $8,588 · fundraising $6,050

  • 11b · Fees: legal

    total $30,038 · program services $23,001 · management and general $4,901 · fundraising $2,136

  • 11c · Fees: accounting

    total $22,477 · program services $17,213 · management and general $3,667 · fundraising $1,597

  • 11f · Fees: investment management

    total $12,968 · management and general $12,968

  • 11g · Fees: other

    total $8,373 · program services $6,122 · management and general $1,565 · fundraising $686

  • 12 · Advertising and promotion

    total $73,212 · program services $53,511 · management and general $13,724 · fundraising $5,977

  • 13 · Office expenses

    total $110,047 · program services $88,001 · management and general $15,358 · fundraising $6,688

  • 14 · Information technology

    total $42,638 · program services $36,839 · management and general $4,039 · fundraising $1,760

  • 16 · Occupancy

    total $17,705 · program services $12,938 · management and general $3,321 · fundraising $1,446

  • 17 · Travel

    total $11,698 · program services $9,885 · management and general $1,263 · fundraising $550

  • 22 · Depreciation, depletion and amortization

    total $43,993 · program services $33,408 · management and general $7,374 · fundraising $3,211

  • 23 · Insurance

    total $40,604 · program services $29,678 · management and general $7,611 · fundraising $3,315

  • 24a · Other expenses: PRIZES AND AWARDS

    total $656,714 · program services $656,714

  • 24b · Other expenses: EVENT EXPENSES

    total $409,734 · program services $409,734

  • 24c · Other expenses: YOUTH ACTIVITIES

    total $44,619 · program services $44,619

  • 24d · Other expenses: BLOOD TYPING - DNA

    total $39,745 · program services $39,745

  • 24e · All other expenses

    total $18,766 · program services $17,007 · management and general $1,219 · fundraising $540

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $200 · end of year $203

  • 2 · Savings and temporary cash investments

    beginning of year $595,048 · end of year $531,550

  • 3 · Pledges and grants receivable

    beginning of year $168,746

  • 4 · Accounts receivable

    beginning of year $207,168 · end of year $89,900

  • 9 · Prepaid expenses and deferred charges

    beginning of year $36,101 · end of year $73,252

  • 10a · Land, buildings and equipment: cost or other basis

    $1,823,943

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,310,632

  • 10c · Land, buildings and equipment, net

    beginning of year $485,513 · end of year $513,311

  • 11 · Investments: publicly traded securities

    beginning of year $1,379,912 · end of year $1,581,237

  • 17 · Accounts payable and accrued expenses

    beginning of year $76,996 · end of year $151,679

  • 19 · Deferred revenue

    beginning of year $131,329 · end of year $112,417

  • 25 · Other liabilities

    beginning of year $322,632 · end of year $276,577

  • 27 · Net assets without donor restrictions

    beginning of year $1,564,538 · end of year $1,438,648

  • 28 · Net assets with donor restrictions

    beginning of year $777,193 · end of year $810,132

Mission and programs · 2023

Mission

THE MISSION OF THE AMERICAN SADDLEBRED HORSE ASSOCIATION IS TO PROMOTE, IMPROVE AND PROTECT THE GRACE, INTELLIGENCE AND VERSATILITY OF THE AMERICAN SADDLEBRED, AND TO PROVIDE PROGRAMS AND SERVICES SUPPORTING OUR MEMBERS, WHILE FOSTERING PUBLIC AWARENESS OF THE BREED.

Activities or mission (Part I)

TO PROMOTE, IMPROVE AND PROTECT THE GRACE, INTELLIGENCE AND VERSATILITY OF THE AMERICAN SADDLEBRED, AND TO PROVIDE PROGRAMS AND SERVICES SUPPORTING OUR MEMBERS, WHILE FOSTERING PUBLIC AWARENESS OF THE BREED.

  • THE ORGANIZATION SHALL HAVE THE PURPOSES OF SAFEGUARDING THE INTEGRITY, AND EXPANDING THE KNOWLEDGE OF THE AMERICAN SADDLEBRED; EDUCATION OF THE GENERAL PUBLIC IN THE EXHIBITING, USE AND HISTORY OF AMERICAN SADDLEBRED HORSES AND IMPROVEMENT OF THE BREED; PROMOTING THE HUMANE TREATMENT OF AMERICAN SADDLEBRED HORSES; STIMULATING AND PROMOTING INTEREST IN ALL MATTERS PERTAINING TO THE HISTORY, BREEDING, EXHIBITING AND IMPROVEMENT OF THE BREED; ENCOURAGING SAFE EQUESTRIAN ACTIVITIES; EDUCATING YOUTH WITH RESPECT TO SAFE AND PROPER HORSEMANSHIP AND THE SHOWING OF HORSES BY PROMOTING THE FORMATION OF YOUTH ASSOCIATIONS AND THE DISSEMINATION OF EDUCATION MATERIALS; AND AWARDING SCHOLARSHIPS TO PARTICIPANTS IN YOUTH HORSE PROGRAMS.

    Expenses $1,118,725 · Grants $16,396 · Revenue $1,143,736

  • REGISTER AMERICAN SADDLEBRED HORSES, MAINTAIN ARCHIVE OF REGISTERED RULES AND REGULATIONS FOR PARTICIPANTS AND BREED ISSUES. GUARD PURITY OF THE BREED AND DEVELOP HIGH STANDARDS FOR THE BREEDING OF THE AMERICAN SADDLEBRED. REGULATE ALL MATTERS PERTAINING TO THE BREEDING AND IMPROVEMENT OF THE AMERICAN SADDLEBRED BREED.

    Expenses $943,211 · Revenue $564,132

As filed on the 2023 return.

Listed in Part VII

  • David Mount

    EXECUTIVE DIRECTOR

    Total calculated
    $136,253
    From this org
    $136,253
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Allen Bosworth

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Joan Todd

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Rachel Seifert

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Chris Schubert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kristen Bagdasarian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Julie Behrends-Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Cherry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rick Curl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Juliette Dell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Dixon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Larry Hartstock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anna Marie Knipp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Smith Lilly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • James Nichols

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe O'Brien

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christy Parker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Clif Paulsen

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Kim Skipton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Melissa Welke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 July 2026
IRS schema version
2023v6.0
Source object
202631969349301418

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