Civic Intelligence

Ncha Charities Foundation

990 • Fiscal year 2021 • EIN 75-1796627

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 15, 2022

Organization ProfileWWW.NCHACUTTING.COM
260 Bailey AveFort Worth, TX 76107

(817) 244-6188

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.27x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

6.11x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

2nd percentile

-121%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

68th percentile

$96,823

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 46.2% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

44th percentile

6.6%

Faster asset growth than 44% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-68%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$4,693,271

Up $291,694 (+6.6%) from 2020

Net Assets

Up

$3,413,947

Up $315,894 (+10%) from 2020

Liabilities

Down

$1,279,324

Down $24,200 (-1.9%) from 2020

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin2nd percentile

Revenue

Down

$209,477

Down $450,067 (-68%) from 2020

Expenses

Down

$462,279

Down $100,694 (-18%) from 2020

Net Income

Down

-$252,802

Down $349,373 (-362%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,764,491Liabilities 2011: $140,661Net Assets 2011: $1,623,8302011Assets 2012: $1,861,436Liabilities 2012: $121,807Net Assets 2012: $1,739,6292012Assets 2013: $2,009,609Liabilities 2013: $115,034Net Assets 2013: $1,894,5752013Assets 2014: $2,274,100Liabilities 2014: $141,274Net Assets 2014: $2,132,8262014Assets 2015: $2,354,952Liabilities 2015: $200,591Net Assets 2015: $2,154,3612015Assets 2016: $2,718,494Liabilities 2016: $191,466Net Assets 2016: $2,527,0282016Assets 2017: $2,838,084Liabilities 2017: $190,577Net Assets 2017: $2,647,5072017Assets 2018: $3,146,651Liabilities 2018: $214,702Net Assets 2018: $2,931,9492018Assets 2019: $3,352,555Liabilities 2019: $332,187Net Assets 2019: $3,020,3682019Assets 2020: $4,401,577Liabilities 2020: $1,303,524Net Assets 2020: $3,098,0532020Assets 2021: $4,693,271Liabilities 2021: $1,279,324Net Assets 2021: $3,413,9472021Assets 2022: $4,137,730Liabilities 2022: $1,219,447Net Assets 2022: $2,918,2832022Assets 2023: $4,912,555Liabilities 2023: $1,241,541Net Assets 2023: $3,671,0142023Assets 2024: $5,925,429Liabilities 2024: $1,108,391Net Assets 2024: $4,817,0382024

Highlighted filing

2021

Assets$4,693,271
Liabilities$1,279,324
Net Assets$3,413,947
Open 2021 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $221,951Expenses 2011: $135,063Net Income 2011: $86,8882011Expenses 2012: $209,4492012Expenses 2013: $232,1472013Revenue 2014: $263,574Expenses 2014: $171,760Net Income 2014: $91,8142014Revenue 2015: $385,883Expenses 2015: $181,450Net Income 2015: $204,4332015Revenue 2016: $453,541Expenses 2016: $145,509Net Income 2016: $308,0322016Revenue 2017: $181,028Expenses 2017: $137,667Net Income 2017: $43,3612017Revenue 2018: $439,374Expenses 2018: $154,932Net Income 2018: $284,4422018Revenue 2019: $414,712Expenses 2019: $311,325Net Income 2019: $103,3872019Revenue 2020: $659,544Expenses 2020: $562,973Net Income 2020: $96,5712020Revenue 2021: $209,477Expenses 2021: $462,279Net Income 2021: -$252,8022021Revenue 2022: $779,239Expenses 2022: $457,060Net Income 2022: $322,1792022Revenue 2023: $715,572Expenses 2023: $476,685Net Income 2023: $238,8872023Revenue 2024: $582,992Expenses 2024: $470,808Net Income 2024: $112,1842024

Highlighted filing

2021

Revenue$209,477
Expenses$462,279
Net Income-$252,802
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 15, 2022
Return Version
2020v4.0
Gross Receipts
$209,977
Mission and Program Overview

Mission

The NCHA Charities Foundation is organized and shall be operated exclusively for charitable purposes as a supporting organization to the National Cutting Horse Association; and is organized and operated to encourage, promote and develop the Cutting Horse as a highly unique and exceptional equine athlete. The Foundation shall support and benefit NCHA by maintaining scholarship funds, providing crisis funding, developing educational and animal welfare and research programs, and developing programs designed to honor the legendary people and great horses that have shaped our industry and to preserve and tell the stories of the great horses and horsewomen and horsemen of the past to future generations.

The NCHA Charities Foundation is organized and operated exclusively for charitable purposes as a supporting organization to the National Cutting Horse Association; and is organized and operated to encourage, promote and develop the Cutting Horse as a highly unique and exceptional equine athlete. The Foundation supports and benefits NCHA by maintaining scholarship funds, providing crisis funding, developing educational and animal welfare and research programs, and developing programs designed to honor the legendary people and great horses that have shaped our industry and to preserve and tell the stories of the great horses and horsewomen and horsemen of the past to future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,966,226$4,540,832▲ $574,606
Investments Other Securities$303,447$0▼ $303,447
Cash and Non-Interest-Bearing Accounts$44,659$69,921▲ $25,262
Accounts Receivable$45,780$0▼ $45,780
Land, Buildings, and Equipment, Net$17,857$12,793▼ $5,064
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,447,694$4,693,271▲ $245,577
Other Assets Total$69,725$69,725→ $0
Liabilities
Grants Payable$1,219,770$1,279,324▲ $59,554
Unsecured Notes Loans Payable$9,485--
Accounts Payable and Accrued Expenses$1,047--
Total Liabilities$1,230,302$1,279,324▲ $49,022
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,274,621$2,471,176▲ $196,555
Net Assets With Donor Restrictions$942,771$942,771→ $0
Total Net Assets Fund Balance$3,217,392$3,413,947▲ $196,555
Total Liabilities and Net Assets / Fund Balance$4,447,694$4,693,271▲ $245,577

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$12,793$17,744$30,537

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$899,980-▼ $33,421-$866,559
2019$866,560-▲ $38,420$5,000$899,980
2018$845,512-▲ $31,048$10,000$866,560
2017$484,502$382,168▼ $11,158$10,000$845,512
2016$462,961-▲ $31,541$10,000$484,502
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Julia BuswoldExecutive DirectorFT$96,823$96,823

Board Members and Trustees

NameTitle
Joey MilnerChairman
Frank MerrillFinance Chair.
Charles IsraelDirector
Dr Glenn BlodgettDirector
Jo EllardDirector
Lachlan PerksDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$94,239
Program Service Revenue
$0
Investment Income
$115,588
Other Revenue
$-350
All Other Contributions
$86,739
Change in Net Assets
$-252,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$183,533
Grants and Similar Amounts Paid$164,500
Salaries, Compensation, and Employee Benefits$114,246
Total Fundraising Expense$2,296
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$125,500--$125,500
Current Officers, Directors, Trustees, and Key Employees-$106,622-$106,622
Fees for Service Investment Mgmnt Fees-$45,963-$45,963
Advertising$43,553--$43,553
Grants to Domestic Individuals$39,000--$39,000
Office Expenses$1,813$10,875$1,812$14,500
Payroll Taxes-$7,624-$7,624
Depreciation Depletion-$6,145-$6,145
Fees for Services Other$5,459--$5,459
Fees for Services Accounting-$3,000-$3,000
All Other Expenses$484$1,651$484$2,619
Travel$1,746--$1,746
Other Expenses$53,958$1,490-$1,490
Occupancy$106--$106
Total Functional Expenses$271,619$188,364$2,296$462,279
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
NchaFort Worth, TX501(c)(5)-$67,000
Texas Cowboy Hall of FameFort Worth, TX501(c)(3)-$35,000
The Foundation for the HorseLexington, KY501(c)(3)-$20,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$500
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“NCHAs comptroller and treasurer perform a detail review of the Form 990 prior to filing.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The compensation of the Executive Director is reviewed by the chair of the board.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“The organizations financials are made available to the public via our website, and through external, third-party providers such as Propublica and Guidestar.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organizations governing documents are not made available to the public.”

Filing and Contact Details

Filer

Filer Name
Ncha Charities Foundation
EIN
75-1796627
Phone
8172446188
Address
260 BAILEY AVE, FORT WORTH, TX 76107

Signing Officer

Name
Frank Merrill
Title
Finance Chairman
Signed
2022-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julia Buswold
Formed
1981
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
8

Preparer

Firm
Sutton Frost Cary LLP
Address
600 Six Flags Dr Suite 600, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

“OTHER PROGRAM SERVICES 4: Horse and Animal Welfare and Research-The Horse and Animal Welfare and Research Committee shall be responsible for the overall health and welfare of the horses and cattle associated with the sport of cutting through the establishment of guidelines for care and monitoring the success of the programs. Through grants, the Foundation will charter research studies with Universities performing a wide range of research related to the health, welfare, and utility of the horse and health and safety of cattle used for competition.”

Other Changes In Net Assets Or Fund Balances - Other Increases

“scholarships aged out = $14420”

Form 990, Part IV, Line 12D & Part XII, Line 2B

“The financial statement was in process as of the filing date of the form 990.”

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“All endowment funds are used to provide education scholarships to youth and financial assistance in the time of crisis for families connected to the cutting industry.”

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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The NCHA Charities Foundation is organized and operated exclusively for charitable purposes as a supporting organization to the National Cutting Horse Association; and is organized and operated to encourage, promote and develop the Cutting Horse as a highly unique and exceptional equine athlete. The Foundation supportS and benefitS NCHA by maintaining scholarship funds, providing crisis funding, developing educational and animal welfare and research programs, and developing programs designed to honor the legendary people and great horses that have shaped our industry and to preserve and tell the stories of the great horses and horsewomen and horsemen of the past to future generations.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03217392
IRS990/NetAssetsOrFundBalancesEOYAmt03413947
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-500
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-500
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0456639
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02274621
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02471176
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0106
IRS990/OccupancyGrp/TotalAmt0106
IRS990/OfficeExpensesGrp/FundraisingAmt01812
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010875
IRS990/OfficeExpensesGrp/ProgramServicesAmt01813
IRS990/OfficeExpensesGrp/TotalAmt014500
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt069725
IRS990/OtherAssetsTotalGrp/EOYAmt069725
IRS990/OtherChangesInNetAssetsAmt014420
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0HISTORICAL PRESERVATION
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03250
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11744
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21490
IRS990/OtherExpensesGrp/ProgramServicesAmt053958
IRS990/OtherExpensesGrp/TotalAmt053958
IRS990/OtherExpensesGrp/TotalAmt13250
IRS990/OtherExpensesGrp/TotalAmt21744
IRS990/OtherExpensesGrp/TotalAmt31490
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0other income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0150
IRS990/OtherRevenueTotalAmt0150
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07624
IRS990/PayrollTaxesGrp/TotalAmt07624
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JULIA BUSWOLD
IRS990/PriorPeriodAdjustmentsAmt0-21702
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0History and Preservation-The History and Preservation committee shall be responsible for acceptance, preservation, documentation and other activities relating to the curatorship of NCHA and the Foundations historic memorabilia and for making such memorabilia available to the public for educational and charitable purposes.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053958
IRS990/ProgSrvcAccomActy3Grp/Desc0Education and Promotion of the Sport-The Education Committee shall be responsible for coordinating and assisting with the educational programs and presentations of the Foundation and promotion of the Cutting Horse and the sport of Cutting. Such programs could be Foundation Fund Raising Events, Judging Clinics, Cutting Clinics, Promotional activities at World Equestrian Games and European Championships, and promotion at like equine event through grants.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt030356
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt078898
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt081789
IRS990/PYInvestmentIncomeAmt019850
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt058578
IRS990/PYRevenuesLessExpensesAmt0-90853
IRS990/PYSalariesCompEmpBnftPaidAmt049234
IRS990/PYTotalExpensesAmt0189601
IRS990/PYTotalRevenueAmt098748
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-252802
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION OBTAINED A COPY OF THE SUPPORTED ORGANIZATION'S IRS DETERMINATION LETTER AND COMPLETED A PRO FORMA PUBLIC SUPPORT PERCENTAGE TEST FROM SCHEDULE A, PART III FOR THE SUPPORTED ORGANIZATION. THE SUPPORTED ORGANIZATION MET THE SECTION 509(A)(2) PUBLIC SUPPORT TEST FOR THE CURRENT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1ALL SUPPORT FROM NCHA CHARITIES FOUNDATION IS APPROVED BY THE SUPPORTING ORGANIZATION'S PRESIDENT OF THE BOARD OF DIRECTORS TO ENSURE THAT PAYMENTS ARE MADE DIRECTLY TO INDIVIDUAL MEMBERS OF THE CHARITABLE CLASS BENEFITED BY THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 3b: Description Of When and How Organization Made The Determination
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section A, Line 3c: Explain What Controls The Organization Put In Place
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0750978808
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt067000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NATIONAL CUTTING HORSE ASSOCIATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt067000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt069725
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.56170
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0899980
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0866559
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-33421
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0866560
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0899980
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt038420
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt05000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0845512
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0866560
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt031048
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt010000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0484502
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0382168
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0845512
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-11158
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt010000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0462961
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0484502
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt031541
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt010000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012793
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017744
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030537
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.43830
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ALL ENDOWMENT FUNDS ARE USED TO PROVIDE EDUCATION SCHOLARSHIPS TO YOUTH AND FINANCIAL ASSISTANCE IN THE TIME OF CRISIS FOR FAMILIES CONNECTED TO THE CUTTING INDUSTRY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012793
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt039000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EDUCATION SCHOLARSHIPS TO YOUTH
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt029
IRS990ScheduleI/RecipientTable/CashGrantAmt067000
IRS990ScheduleI/RecipientTable/CashGrantAmt135000
IRS990ScheduleI/RecipientTable/CashGrantAmt220000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(5)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NCHA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1TEXAS COWBOY HALL OF FAME
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2THE FOUNDATION FOR THE HORSE
IRS990ScheduleI/RecipientTable/RecipientEIN0750978808
IRS990ScheduleI/RecipientTable/RecipientEIN1300130037
IRS990ScheduleI/RecipientTable/RecipientEIN2611259683
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0260 BAILEY AVE

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,693,271
Liabilities
$1,279,324
Net assets
$3,413,947
Revenue
$209,477
Expenses
$462,279
Net income
-$252,802
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.93$1.11$4.82$0.58$0.47$0.11
2023Detailed filing. Detailed filing data is available for this year.$4.91$1.24$3.67$0.72$0.48$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.14$1.22$2.92$0.78$0.46$0.32
2021Detailed filing. Detailed filing data is available for this year.$4.69$1.28$3.41$0.21$0.46$0.25
2020Detailed filing. Detailed filing data is available for this year.$4.40$1.30$3.10$0.66$0.56$0.10
2019Detailed filing. Detailed filing data is available for this year.$3.35$0.33$3.02$0.41$0.31$0.10
2018Detailed filing. Detailed filing data is available for this year.$3.15$0.21$2.93$0.44$0.15$0.28
2017Detailed filing. Detailed filing data is available for this year.$2.84$0.19$2.65$0.18$0.14$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.72$0.19$2.53$0.45$0.15$0.31
2015Detailed filing. Detailed filing data is available for this year.$2.35$0.20$2.15$0.39$0.18$0.20
2014Detailed filing. Detailed filing data is available for this year.$2.27$0.14$2.13$0.26$0.17$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.12$1.89$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.12$1.74$0.21
2011Summary only. Only limited summary data is available for this year.$1.76$0.14$1.62$0.22$0.14$0.09