Form 990 for tax year 2022
Filed by WALKING HORSE TRAINERS ASSOCIATION.
Totals
- Total revenue
- $421,279
- Total expenses
- $454,767
- Contributions and grants received
- $18,785
- Grants paid
- $107,000
- Program service revenue
- $398,546
- Investment income
- $213
- Other revenue
- $3,735
- Total assets, end of year
- $218,652
- Total liabilities, end of year
- $2,396
- Net assets or fund balances, end of year
- $216,256
- Program services expenses (Part IX)
- $381,071
- Management and general expenses
- $73,696
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $381,071
Program services were 83.8% 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.
-
1b · Membership dues
$18,585
-
1f · All other contributions, gifts and grants
$200
-
2a · Program service revenue: HORSE SHOW INCOME
total $127,732 · related or exempt $127,732
-
2b · Program service revenue: RIDERS CUP INCOME
total $125,500 · related or exempt $125,500
-
2c · Program service revenue: BLUE RIBBON SALE
total $90,500 · related or exempt $90,500
-
2d · Program service revenue: CONVENTION INCOME
total $43,853 · related or exempt $43,853
-
2e · Program service revenue: SCHOLARSHIP INCOME
total $10,961 · related or exempt $10,961
-
3 · Investment income
total $213 · excluded $213
-
11a · Other revenue: MISCELLANEOUS
total $3,735 · related or exempt $3,735
-
11e · Other revenue, total
$3,735
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $107,000 · program services $107,000
-
7 · Other salaries and wages
total $28,920 · management and general $28,920
-
9 · Other employee benefits
total $5,718 · management and general $5,718
-
10 · Payroll taxes
total $2,254 · management and general $2,254
-
11c · Fees: accounting
total $4,769 · management and general $4,769
-
11g · Fees: other
total $3,100 · program services $3,100
-
12 · Advertising and promotion
total $475 · program services $475
-
13 · Office expenses
total $10,368 · program services $4,989 · management and general $5,379
-
14 · Information technology
total $3,361 · management and general $3,361
-
16 · Occupancy
total $7,795 · management and general $7,795
-
17 · Travel
total $654 · management and general $654
-
22 · Depreciation, depletion and amortization
total $264 · program services $264
-
23 · Insurance
total $2,917 · management and general $2,917
-
24a · Other expenses: RIDERS CUP AWARD
total $125,187 · program services $125,187
-
24b · Other expenses: BLUE RIBBON SALE EXPENSES
total $81,343 · program services $81,343
-
24c · Other expenses: HORSE SHOW EXPENSE
total $41,957 · program services $41,957
-
24d · Other expenses: DQP EXPENSE
total $11,097 · program services $11,097
-
24e · All other expenses
total $17,588 · program services $5,659 · management and general $11,929
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $253,664 · end of year $215,746
-
4 · Accounts receivable
beginning of year $3,475 · end of year $2,790
-
10a · Land, buildings and equipment: cost or other basis
$7,998
-
10b · Land, buildings and equipment: accumulated depreciation
$7,932
-
10c · Land, buildings and equipment, net
beginning of year $329 · end of year $66
-
15 · Other assets
end of year $50
-
17 · Accounts payable and accrued expenses
beginning of year $7,613 · end of year $2,285
-
25 · Other liabilities
beginning of year $111 · end of year $111
-
27 · Net assets without donor restrictions
beginning of year $249,744 · end of year $216,256
Mission and programs · 2022
Mission
PROMOTE, SUPPORT, AND IMPROVE THE TENNESSEE WALKING HORSE
-
SPONSORS AND CONDUCTS AN ANNUAL WALKING HORSE SHOW WHERE 900 WALKING HORSES HAVE BEEN EXHIBITED; ENCOURAGES PARTICIPATION IN SHOWS THROUGH RECOGNITION OF TRAINERS AND CONVENES ANNUALLY TO PRESENT AWARDS AND ELECT OFFICERS AND DIRECTORS; SPONSORS AND CONDUCTS AN ANNUAL CONSIGNMENT SALE SHOWCASING YEARLINGS
Expenses $381,071 · Grants $107,000 · Revenue $398,546
As filed on the 2022 return.
Listed in Part VII
-
Bill YoungBILL YOUNG
PRESIDENT
- Total calculated
- $0
-
Bill CantrellBILL CANTRELL
1ST VP
- Total calculated
- $0
- Hours/week
- 10
-
Dickie GardnerDICKIE GARDNER
2ND VP
- Total calculated
- $0
-
Wayne DeanWAYNE DEAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Rodney DickRODNEY DICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 8
-
Link WebbLINK WEBB
DIRECTOR
- Total calculated
- $0
-
Herbert T DericksonHERBERT T DERICKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Scott BeatySCOTT BEATY
DIRECTOR
- Total calculated
- $0
-
Brad BeardBRAD BEARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jamie HankinsJAMIE HANKINS
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0.5
-
Aaron SelfAARON SELF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 8
-
Layne LeveretteLAYNE LEVERETTE
DIRECTOR
- Total calculated
- $0
-
Russ ThompsonRUSS THOMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Keith BlackburnKEITH BLACKBURN
DIRECTOR
- Total calculated
- $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
-
$100,000
SEE PART IV
-
SUPPORT CHARITABLE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301309349302545
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.