Civic Intelligence

American Paint Horse Foundation

EIN 75-2699500 • 501(c)3 • Fort Worth, TX

Profile

To permanently store and record information and artifacts of the american paint horse and the people that have influenced the breed throughout history and to educate people in the ways the horse has influenced society throughout history. It will award scholarships to youth or other college bound individuals who have shown an interest in horsemanship and/or horses.

PO Box 961023Fort Worth, TX 76161

www.aphfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.17x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

2.33x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

18th percentile

-15%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

49th percentile

3.2%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

30%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,648,680

Up $144,812 (+3.2%) from 2023

Liabilities

Down

$768,373

Down $62,858 (-7.6%) from 2023

Net Assets

Up

$3,880,307

Up $207,670 (+5.7%) from 2023

Revenue

Up

$330,383

Up $75,681 (+30%) from 2023

Expenses

Up

$379,280

Up $47,813 (+14%) from 2023

Net Income

Up

-$48,897

Up $27,868 (+36%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $1,460,643Liabilities 2010: $327Net Assets 2010: $1,460,3162010Assets 2011: $1,467,044Liabilities 2011: $1,207Net Assets 2011: $1,465,8372011Assets 2012: $1,543,129Liabilities 2012: $13,093Net Assets 2012: $1,530,0362012Assets 2013: $1,708,383Liabilities 2013: $101Net Assets 2013: $1,708,2822013Assets 2014: $1,984,296Liabilities 2014: $2,077Net Assets 2014: $1,982,2192014Assets 2015: $2,177,595Liabilities 2015: $4,187Net Assets 2015: $2,173,4082015Assets 2016: $2,391,904Liabilities 2016: $4,655Net Assets 2016: $2,387,2492016Assets 2017: $2,732,582Liabilities 2017: $1,467Net Assets 2017: $2,731,1152017Assets 2018: $2,811,984Liabilities 2018: $2,532Net Assets 2018: $2,809,4522018Assets 2019: $4,404,076Liabilities 2019: $1,001,956Net Assets 2019: $3,402,1202019Assets 2020: $4,441,507Liabilities 2020: $822,544Net Assets 2020: $3,618,9632020Assets 2021: $4,787,185Liabilities 2021: $823,792Net Assets 2021: $3,963,3932021Assets 2022: $4,363,288Liabilities 2022: $821,825Net Assets 2022: $3,541,4632022Assets 2023: $4,503,868Liabilities 2023: $831,231Net Assets 2023: $3,672,6372023Assets 2024: $4,648,680Liabilities 2024: $768,373Net Assets 2024: $3,880,3072024

Highlighted filing

2024

Assets$4,648,680
Liabilities$768,373
Net Assets$3,880,307

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $123,7662010Expenses 2011: $89,3932011Expenses 2012: $99,2532012Revenue 2013: $217,362Expenses 2013: $88,428Net Income 2013: $128,9342013Revenue 2014: $347,280Expenses 2014: $108,143Net Income 2014: $239,1372014Revenue 2015: $370,274Expenses 2015: $144,388Net Income 2015: $225,8862015Revenue 2016: $321,601Expenses 2016: $140,512Net Income 2016: $181,0892016Revenue 2017: $472,336Expenses 2017: $128,470Net Income 2017: $343,8662017Revenue 2018: $236,091Expenses 2018: $157,754Net Income 2018: $78,3372018Revenue 2019: $845,530Expenses 2019: $252,862Net Income 2019: $592,6682019Revenue 2020: $520,108Expenses 2020: $303,265Net Income 2020: $216,8432020Revenue 2021: $596,207Expenses 2021: $251,777Net Income 2021: $344,4302021Revenue 2022: $296,053Expenses 2022: $283,153Net Income 2022: $12,9002022Revenue 2023: $254,702Expenses 2023: $331,467Net Income 2023: -$76,7652023Revenue 2024: $330,383Expenses 2024: $379,280Net Income 2024: -$48,8972024

Highlighted filing

2024

Revenue$330,383
Expenses$379,280
Net Income-$48,897

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.65$0.77$3.88$0.33$0.38$0.05
2023Detailed filing. Detailed filing data is available for this year.$4.50$0.83$3.67$0.25$0.33$0.08
2022Detailed filing. Detailed filing data is available for this year.$4.36$0.82$3.54$0.30$0.28$0.01
2021Detailed filing. Detailed filing data is available for this year.$4.79$0.82$3.96$0.60$0.25$0.34
2020Detailed filing. Detailed filing data is available for this year.$4.44$0.82$3.62$0.52$0.30$0.22
2019Detailed filing. Detailed filing data is available for this year.$4.40$1.00$3.40$0.85$0.25$0.59
2018Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.81$0.24$0.16$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.73$0.00$2.73$0.47$0.13$0.34
2016Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.32$0.14$0.18
2015Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.17$0.37$0.14$0.23
2014Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$0.35$0.11$0.24
2013Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$0.22$0.09$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.01$1.53$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.00$1.46$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$330,383
Mission and Program Overview

Mission

To permanently store and record information and artifacts of the american paint horse and the people that have influenced the breed throughout history and to educate people in the ways the horse has influenced society throughout history. It will award scholarships to youth or other college bound individuals who have shown an interest in horsemanship and/or horses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,801,708$3,058,275▲ $256,567
Land, Buildings, and Equipment, Net$792,312$661,285▼ $131,027
Cash and Non-Interest-Bearing Accounts$529,561$548,432▲ $18,871
Inventories for Sale or Use$11,550$11,550→ $0
Prepaid Expenses and Deferred Charges-$1,188-
Accounts Receivable$1,787$1,000▼ $787
Total Assets$4,503,868$4,648,680▲ $144,812
Other Assets Total$366,950$366,950→ $0
Liabilities
Accounts Payable and Accrued Expenses$831,231$768,373▼ $62,858
Total Liabilities$831,231$768,373▼ $62,858
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,616,009$3,736,917▲ $120,908
Net Assets Without Donor Restrictions$56,628$143,390▲ $86,762
Total Net Assets Fund Balance$3,672,637$3,880,307▲ $207,670
Total Liabilities and Net Assets / Fund Balance$4,503,868$4,648,680▲ $144,812

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$661,285$648,985$1,310,270
Other Assets Org$366,950--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amanda PalmerDirector
Dr Craig WoodDirector
Jennifer SheriffDirector
Meredith LandyDirector
Mike HollowayDirector
Tom CrowleyDirector
Megan BrownCurrent Pres
David DellinEx-officer
Laurie RodenFormer Presi
Marylyn CaliendoVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$273,383
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$57,000
All Other Contributions
$273,383
Change in Net Assets
$-48,897

Audited Revenue Reconciliation

Revenue per Audited Statements
$330,383
Revenue Not Reported on Form 990
$256,567
Total Revenue per Audited Statements
$586,950
Total Revenue per Form 990
$330,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$273,880
Grants and Similar Amounts Paid$105,400
Total Fundraising Expense$367
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$131,026--$131,026
Grants to Domestic Individuals$105,400--$105,400
Fees for Services Management$6,750$25,712-$32,462
Other Expenses$19,459--$19,459
Fees for Services Legal-$8,511-$8,511
Information Technology$3,869--$3,869
Advertising$931-$367$1,298
Insurance$914--$914
Travel$395$409-$804
Office Expenses$365$179-$544
Conferences and Meetings-$12-$12
Total Functional Expenses$344,090$34,823$367$379,280

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$379,280
Total Expenses per Audited Statements$379,280
Total Expenses per Form 990$379,280
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
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, Page 6, Part VI, Line 11B

Tax return is reviewed by the board of directors before filing.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest, if any, are to be dealt with on a case by case issue when brought to the attention of the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents as well as all documentation with the irs are made available in accordance with internal revenue code regulations and specifications.

Filing and Contact Details

Filer

Filer Name
American Paint Horse Foundation
EIN
75-2699500
Phone
8178342742
Address
PO BOX 961023, FORT WORTH, TX 76161

Signing Officer

Name
David Dellin
Title
Ex-officer
Phone
8178342742
Signed
2025-11-17

Organization Details

Principal Officer
Megan Brown
Formed
1997
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Kellogg & Kellogg Pc
Address
3116 WEST 5TH STREET 2ND FLOOR, FORT WORTH, TX 76107
Preparer
John Kellogg
Phone
8177385597
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To permanently store and record information and artifacts of the american paint horse and the people that have influenced the breed throughout history and to educate people in the ways the horse has influenced society throughout history. It will award scholarships to youth or other college bound individuals who have shown an interest in horsemanship and/or horses.

Form 990, Page 2, Part III, Line 4D

Grants and awards to other non-profit organizations.

Raw XML AppendixShowing 400 of 545 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2BAYLOR UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3BLINN COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4CALIFORNIA STATE UNIVERSI
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5CLEMSON UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6COLORADO SCHOOL OF MINES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt7COLBY COMMUNITY COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt8CUESTA COMMUNITY COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt9DAYTONA STATE COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt10EAST CENTRAL COMMUNITY CO
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt11EMBRY-RIDDLE AERONAUTICAL
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt12GRAND VALLEY STATE UNIVER
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt13HILL COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt14LOUISIANA TECH
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt16MONTANA STATE UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt17OKLAHOMA STATE HORSESHOEI
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt18OKLAHOMA STATE UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt19PAUL MITCHELL THE SCHOOL
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt20PIKES PEAK STATE COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt21PITTSBURG STATE UNIVERSIT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt22RUTGERS UNIVERSITY CAMDEN
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt23SAM HOUSTON STATE UNIVERS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt24TARLETON STATE UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt25TEXAS A & M COMMERCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt26TEXAS A&M UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt27TEXAS CHRSTIAN UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt28TEXAS STATE UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt29TEXAS TECH UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt30UNIVERSITY OF ALABAMA
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt31UNIVERSITY OF CENTRAL OKL
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt32UNIVERSITY OF FINDLAY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt33UNIVERSITY OF GEORGIA
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt34UNIVERSITY OF MINNESOTA C
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt35UNIVERSITY OF TENNESSEE M
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt36WEST TEXAS A&M UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt37WEST VIRGINIA UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt38WICHITA STATE UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt39WINGATE UNIVERSITY
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