Form 990 for tax year 2024
Filed by OKLAHOMA QUARTER HORSE ASSOCIATION INC.
Totals
- Total revenue
- $1,054,416
- Total expenses
- $1,011,924
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,013,436
- Investment income
- $40,980
- Other revenue
- $0
- Total assets, end of year
- $1,216,789
- Total liabilities, end of year
- $37,598
- Net assets or fund balances, end of year
- $1,179,191
- Program services expenses (Part IX)
- $954,705
- Management and general expenses
- $57,219
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $954,705
Program services were 94.3% 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.
-
2a · Program service revenue: Convention
total $15,775 · related or exempt $15,775
-
2b · Program service revenue: Horse Shows
total $957,470 · related or exempt $957,470
-
2c · Program service revenue: Membership Dues
total $8,946 · related or exempt $8,946
-
2d · Program service revenue: Sponsorships
total $21,317 · related or exempt $21,317
-
2e · Program service revenue: Youth World
total $6,450 · related or exempt $6,450
-
2f · All other program service revenue
total $3,478 · related or exempt $3,478
-
3 · Investment income
total $40,980 · unrelated business $40,980
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $240,000
-
7b · Less cost or other basis and sales expenses
securities $240,000
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $75,000 · program services $75,000
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $8,122 · program services $4,061 · management and general $4,061
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $1,814 · program services $907 · management and general $907
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $655 · program services $328 · management and general $327
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,840 · program services $1,920 · management and general $1,920
-
23 · Insurance
total $7,206 · program services $3,603 · management and general $3,603
-
24a · Other expenses: Horse Shows
total $752,970 · program services $752,970
-
24b · Other expenses: Contract Labor
total $48,000 · program services $24,000 · management and general $24,000
-
24c · Other expenses: Awards/Trophies
total $33,419 · program services $33,419
-
24d · Other expenses: Convention
total $29,185 · program services $29,185
-
24e · All other expenses
total $51,713 · program services $29,312 · management and general $22,401
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $97,398 · end of year $77,386
-
2 · Savings and temporary cash investments
beginning of year $1,026,797 · end of year $1,083,136
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $4,080 · end of year $7,757
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $12,872 · end of year $33,518
-
10a · Land, buildings and equipment: cost or other basis
$70,633
-
10b · Land, buildings and equipment: accumulated depreciation
$60,641
-
10c · Land, buildings and equipment, net
beginning of year $11,814 · end of year $9,992
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $5,000 · end of year $5,000
-
17 · Accounts payable and accrued expenses
beginning of year $17,397 · end of year $30,963
-
25 · Other liabilities
beginning of year $3,865 · end of year $6,635
-
31 · Retained earnings, endowment or other funds
beginning of year $1,136,699 · end of year $1,179,191
Mission and programs · 2024
Mission
The principal object of the Association shall be to promote interest in the American Quarter Horse, and to promote the Association of those persons interested in the American Quarter Horse within the State of Oklahoma.
-
The principal object of the Association shall be to promote interest in the American Quarter Horse, and to promote the Association of those persons interested in the American Quarter Horse within the State of Oklahoma.
Expenses $954,705
As filed on the 2024 return.
Listed in Part VII
-
Jackie Krshka
ShowCoordinator
- Total calculated
- $75,000
- From this org
- $75,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Cindy Chilton-Moore
Director
- Total calculated
- $0
- Hours/week
- 0
-
Todd Colburn
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jimmy Seago
Director
- Total calculated
- $0
- Hours/week
- 0
-
Rebecca Halvorson
Director
- Total calculated
- $0
- Hours/week
- 0
-
Chad Cherry
Director
- Total calculated
- $0
- Hours/week
- 0
-
Luke Castle
Director
- Total calculated
- $0
- Hours/week
- 0
-
Keith Ketner
Director
- Total calculated
- $0
- Hours/week
- 0
-
Alice Holmes
Director
- Total calculated
- $0
- Hours/week
- 0
-
Leonard Berryhill
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jack Bogart
Director
- Total calculated
- $0
- Hours/week
- 0
-
Nova Boyd
Director
- Total calculated
- $0
- Hours/week
- 0
-
Dolly Chayer
Director
- Total calculated
- $0
- Hours/week
- 0
-
Leigh Berryhill
Director
- Total calculated
- $0
- Hours/week
- 0
-
Russell Mueller
President
- Total calculated
- $0
- Hours/week
- 0
-
Mike Keller
Director
- Total calculated
- $0
- Hours/week
- 0
-
Monica Parduhn
Director
- Total calculated
- $0
- Hours/week
- 0
-
Bobbie Jo Stanton
Director
- Total calculated
- $0
- Hours/week
- 0
-
Tim Lindsey
President Elect
- Total calculated
- $0
- Hours/week
- 0
-
Jake Walker
1st Vice Pres
- Total calculated
- $0
- Hours/week
- 0
-
Larry Sanchez
Director
- Total calculated
- $0
- Hours/week
- 0
-
Stacey Roberson
Director
- Total calculated
- $0
- Hours/week
- 0
-
Vicki Tebow
Director
- Total calculated
- $0
- Hours/week
- 0
-
Betty Wells
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jeff Allen
Director
- Total calculated
- $0
- Hours/week
- 0
-
Sharon Breeding
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jerry Burd
Director
- Total calculated
- $0
- Hours/week
- 0
-
Don Ed Roberts
Director
- Total calculated
- $0
- Hours/week
- 0
-
Monte Freeman
Director
- Total calculated
- $0
- Hours/week
- 0
-
Wayne Halvorson
Director
- Total calculated
- $0
- Hours/week
- 0
-
Heather Van Hooser
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jeff Terpstra
Director
- Total calculated
- $0
- Hours/week
- 0
-
Calvin White
Director
- Total calculated
- $0
- Hours/week
- 0
-
Dave Auberle
Director
- Total calculated
- $0
- Hours/week
- 0
-
Rick Chayer
Director
- Total calculated
- $0
- Hours/week
- 0
-
Darrell Bilke
Director
- Total calculated
- $0
- Hours/week
- 0
-
Glenn Cantrell
Director
- Total calculated
- $0
- Hours/week
- 0
-
Gil Galyean
Director
- Total calculated
- $0
- Hours/week
- 0
-
Cara McMillian-Gibson
Director
- Total calculated
- $0
- Hours/week
- 0
-
Carolyn Stewart
Director
- Total calculated
- $0
- Hours/week
- 0
-
Kirt Wingate
Director
- Total calculated
- $0
- Hours/week
- 0
-
Bob Story
Director
- Total calculated
- $0
- Hours/week
- 0
-
Karen Torrice
Director
- Total calculated
- $0
- Hours/week
- 0
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
- 2024
- Filed
- 29 April 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541209349300539
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