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Nonprofiteer
← NATIONAL SNAFFLE BIT ASSOCIATION INC

Form 990 for tax year 2022

Filed by NATIONAL SNAFFLE BIT ASSOCIATION INC.

Totals

Total revenue
$6,575,627
Total expenses
$6,098,657
Contributions and grants received
$290,100
Grants paid
$156,523
Program service revenue
$5,946,768
Investment income
$7,461
Other revenue
$331,298
Total assets, end of year
$5,863,990
Total liabilities, end of year
$2,461,834
Net assets or fund balances, end of year
$3,402,156
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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

    $290,100

  • 2a · Program service revenue: BCF/WORLD SHOW

    total $3,318,929 · related or exempt $3,318,929

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $905,842 · related or exempt $905,842

  • 2c · Program service revenue: OTHER SHOWS

    total $500,165 · related or exempt $500,165

  • 2d · Program service revenue: MAGAZINES

    total $470,115 · related or exempt $2,369 · unrelated business $467,746

  • 2e · Program service revenue: LICENSING PROGRAM

    total $410,545 · related or exempt $410,545

  • 2f · All other program service revenue

    total $341,172 · related or exempt $341,172

  • 3 · Investment income

    total $7,461 · excluded $7,461

  • 6a · Gross rents

    real property $32,460

  • 6b · Less rental expenses

    real property $26,476

  • 6c · Rental income or loss

    real property $5,984

  • 6d · Net rental income or loss

    total $5,984 · excluded $5,984

  • 10a · Gross sales of inventory

    $26,260

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $26,260 · related or exempt $26,260

  • 11a · Other revenue: CREDIT CARD SURCHARGES

    total $175,376 · related or exempt $175,376

  • 11b · Other revenue: ADMINISTRATIVE CHARGES

    total $115,904 · related or exempt $115,904

  • 11c · Other revenue: OTHER REVENUES

    total $7,774 · related or exempt $7,774

  • 11e · Other revenue, total

    $299,054

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $156,523

  • 7 · Other salaries and wages

    total $883,295

  • 8 · Pension plan contributions

    total $24,862

  • 9 · Other employee benefits

    total $78,751

  • 10 · Payroll taxes

    total $69,269

  • 11c · Fees: accounting

    total $29,907

  • 11g · Fees: other

    total $304,952

  • 12 · Advertising and promotion

    total $26,123

  • 13 · Office expenses

    total $225,780

  • 14 · Information technology

    total $25,606

  • 16 · Occupancy

    total $28,658

  • 17 · Travel

    total $379,620

  • 19 · Conferences, conventions and meetings

    total $50,699

  • 22 · Depreciation, depletion and amortization

    total $47,713

  • 23 · Insurance

    total $16,247

  • 24a · Other expenses: PAYOUTS

    total $1,551,258

  • 24b · Other expenses: ARENA RENTAL

    total $472,773

  • 24c · Other expenses: PRINTING

    total $464,003

  • 24d · Other expenses: DAY FEES

    total $354,870

  • 24e · All other expenses

    total $907,748

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,157,044 · end of year $2,094,558

  • 2 · Savings and temporary cash investments

    end of year $536,848

  • 4 · Accounts receivable

    beginning of year $23,621 · end of year $11,056

  • 9 · Prepaid expenses and deferred charges

    beginning of year $62,788 · end of year $71,133

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

    $1,549,073

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

    $373,189

  • 10c · Land, buildings and equipment, net

    beginning of year $379,373 · end of year $1,175,884

  • 12 · Investments: other securities

    beginning of year $1,686,960 · end of year $1,974,511

  • 17 · Accounts payable and accrued expenses

    beginning of year $280,383 · end of year $321,704

  • 19 · Deferred revenue

    beginning of year $1,862,720 · end of year $1,863,583

  • 25 · Other liabilities

    beginning of year $242,383 · end of year $276,547

  • 27 · Net assets without donor restrictions

    beginning of year $2,924,300 · end of year $3,402,156

Mission and programs · 2022

Mission

THE PURPOSE OF THE NATIONAL SNAFFLE BIT ASSOCIATION IS TO DEFINE, PROMOTE AND IMPROVE THE QUALITY OF THE PLEASURE HORSE, TO PROMOTE EXHIBITS, EVENTS AND CONTESTS IN EXPOSITIONS AND SHOWS; TO PROMOTE THE TRAINING OF PLEASURE HORSES, TO PROMOTE INTEREST IN PLEASURE HORSES AMONG YOUNGER HORSEMEN AND TO USE AND ENCOURAGE THE USE OF THE STANDARD RULES FOR HOLDING AND JUDGING CONTESTS OF THE PLEASURE HORSE.

Activities or mission (Part I)

TO PROMOTE EXHIBITS, EVENTS, TRAINING AND INTEREST IN THE PLEASURE HORSE AND IMPROVE ITS QUALITY.

  • SANCTIONED EVENTS, SHOWS AND CONTESTS INCLUDING THE WORLD CHAMPIONSHIP SHOW, WHICH IS A COMPETITION FOR ALL BREED EQUINE ASSOCIATIONS.

  • STALLION INCENTIVE FUND PROGRAM FACILITATES DONATED BREEDINGS BY STALLION OWNERS.

  • BREEDERS CHAMPIONSHIP FUTURITY PROGRAM - NOMINATIONS OF STALLION BREEDINGS AND FOAL NOMINATIONS FOR COMPETITION

  • SMART POINTS IS A PROGRAM IN WHICH COMPETION REWARDS ARE EARNED BY YOUTH FOR COLLEGE ASSISTANCE. OTHER YOUTH PROGRAMS INCLUDE LEADERSHIP CONFERENCES AND EDUCATIONAL WORKSHOPS.

  • OTHER PROGRAMS INCLUDE MEMBERSHIP, LICENSING, JUDGES, AND MAGAZINE

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Janet Gunn

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.2

  • Clay MacLeod

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.2

  • Charles Cannizzaro

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    0.2

  • Kevin Dukes

    1ST VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.2

  • Phil Harris

    2ND VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.2

  • Michael Tidwell

    TREASURER

    Total calculated
    $0
    Hours/week
    0.2

  • Laina Banks

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.2

  • Kelly McDowall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Kristy Starnes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Chris Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Cody Parrish

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Maggie Bellville

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Jim Searles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Richard Carr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Rebecca Hogan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Denton Debuhr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Lori Bucholz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Johne Dobbs

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.2

  • Stephanie Lynn

    EXECUTIVE DIRECTOR

    Total calculated
    $180,495
    From this org
    $169,102
    From related orgs
    $0
    Other
    $11,393
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $169,102
    Bonus
    $0
    Other
    $0
    Deferred
    $5,098
    Nontaxable benefits
    $6,295
    Filer's total
    $180,495

  • Nicole Barnes

    MAGAZINE SALES

    Total calculated
    $117,105
    From this org
    $106,451
    From related orgs
    $0
    Other
    $10,654
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
28 March 2023
IRS schema version
2022v5.0
Source object
202310909349301306

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