Civic Intelligence

Texas Palomino Exhibitors Assn

EIN 75-6038593 • 501(c)5 • Weatherford, TX

Profile

To promote the palomino quarter horse through the conduct of youth, amateur, futurity, and open horse show events.

248 Edward Farris RoadWeatherford, TX 76085

www.tpea.net

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

39th percentile

-0.9%

Higher net margin than 39% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2020

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

501(c)5 • <$500k nonprofits • Source year 2020

Asset Growth

38th percentile

-2.4%

Faster asset growth than 38% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

95th percentile

56%

Faster revenue growth than 95% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$34,653

Down $869 (-2.4%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$34,653

Down $869 (-2.4%) from 2019

Revenue

Up

$94,608

Up $34,020 (+56%) from 2019

Expenses

Up

$95,479

Up $40,046 (+72%) from 2019

Net Income

Down

-$871

Down $6,026 (-117%) from 2019

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2010: $35,667Net Assets 2010: $35,6672010Assets 2011: $21,574Net Assets 2011: $21,5742011Assets 2012: $26,625Net Assets 2012: $26,6252012Assets 2013: $23,201Net Assets 2013: $23,2012013Assets 2014: $27,614Net Assets 2014: $27,6142014Assets 2015: $36,544Net Assets 2015: $36,5442015Assets 2016: $42,836Net Assets 2016: $42,8362016Assets 2017: $45,540Net Assets 2017: $45,5402017Assets 2018: $30,367Net Assets 2018: $30,3672018Assets 2019: $35,522Net Assets 2019: $35,5222019Assets 2020: $34,653Net Assets 2020: $34,6532020

Highlighted filing

2020

Assets$34,653
Liabilities-
Net Assets$34,653

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $76,412Expenses 2010: $81,684Net Income 2010: -$5,2722010Revenue 2011: $61,406Expenses 2011: $75,499Net Income 2011: -$14,0932011Revenue 2012: $53,151Expenses 2012: $48,100Net Income 2012: $5,0512012Revenue 2013: $54,501Expenses 2013: $57,925Net Income 2013: -$3,4242013Revenue 2014: $62,340Expenses 2014: $57,927Net Income 2014: $4,4132014Revenue 2015: $81,667Expenses 2015: $72,737Net Income 2015: $8,9302015Revenue 2016: $77,180Expenses 2016: $70,888Net Income 2016: $6,2922016Revenue 2017: $73,874Expenses 2017: $71,170Net Income 2017: $2,7042017Revenue 2018: $60,492Expenses 2018: $75,665Net Income 2018: -$15,1732018Revenue 2019: $60,588Expenses 2019: $55,433Net Income 2019: $5,1552019Revenue 2020: $94,608Expenses 2020: $95,479Net Income 2020: -$8712020

Highlighted filing

2020

Revenue$94,608
Expenses$95,479
Net Income-$871

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 29, 2021
Return Version
2020v4.0
Gross Receipts
$94,608
Mission and Program Overview

Mission

To promote the palomino quarter horse through the conduct of youth, amateur, futurity, and open horse show events.

Program Services

DescriptionGrantsExpenses
PROMOTE THE PALOMINO QUARTER HORSE THROUGH THE CONDUCT OF YOUTH, AMATEUR, FUTURITY, AND OPEN HORSE SHOW EVENTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETE GREIGPresident-$0--
JANET COOK1st Vice Pre-$0--
MANDY CLEVELAND2nd Cice Pre-$0--
ROBYN ZUMAR3rd Vice Pre-$0--
RENEE HEMINGSEN5th Vice Pre-$0--
GENDA HICKEY5th Vice Pre-$0--
ROBERT MCKENZIE4th Vice Pre-$0--
KIM HITCHCOCKSecretary-$0--
MELISSA MASSEYTreasurer-$0--
JUSTIN BROWNDirector-$0--
RACHEL MATTHEWSDirector-$0--
LEE ANN CORNELISONDirector-$0--
LORRI DANFORTHDirector-$0--
JENIFER PARTRIDGEDirector-$0--
DAWN FRYEDirector-$0--
BRITTNI GREIGDirector-$0--
KAREN GREIGDirector-$0--
MIKE HOEPPNERDirector-$0--
LOREN HITCHCOCKDirector-$0--
BILLIE JONESDirector-$0--
SUSIE LYLEDirector-$0--
JIM MULHAUSENDirector-$0--
SUZY MULHAUSENDirector-$0--
JEANNIE YOUNGDirector-$0--
CHRISTY SANDERSDirector-$0--
BO PRUITTDirector-$0--
SHARON WELLMANDirector-$0--
TOMMY VARGODirector-$0--
Filing and Contact Details

Filer

Filer Name
Texas Palomino Exhibitors Assn
EIN
75-6038593
Phone
8172212308
Address
248 EDWARD FARRIS ROAD, WEATHERFORD, TX 76085

Signing Officer

Name
Melissa Massey
Title
Treasurer
Phone
8174446563
Signed
2021-03-29
Discuss with paid preparer
Yes

Preparer

Firm
George Morgan & Sneed Pc
Address
1849 WALL STREET, WEATHERFORD, TX 76086-6298
Preparer
Patrick E Sneed CPA
Phone
8175942704
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Year-end banquet 1,590 prior period adjustment 105 total 1,695

Form 990-ez, Part I, Line 16

Expenses supplies 1,083 abra fees 85 announcer 1,250 arena 30,625 awards 12,716 bank fees 192 cash for show 200 computer software 175 credit card fees 1,451 fut payback 8,011 futurity expenses 1,501 insurance 465 jack pot winnings 300 judge 16,853 membership dues 500 mileage 400 office help 2,195 phba fees 4,599 refund 678 ribbons 1,388 secretary 3,531 show approval 870 show booklet 1,070 website 1,090 year-end banquet 2,635 total 93,863

Form 990-ez, Part I, Line 20

ROUNDING 2 ROUNDING 0

Form 990-ez, Part II, Line 24

3,862 3,862 less accumulated depreciation 3,862 3,862 total 0 0

Form 990-ez, Part III

To promote the palomino quarter horse through the conduct of youth, amateur, futurity, and open horse show events.

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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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IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE PALOMINO QUARTER HORSE THROUGH THE CONDUCT OF YOUTH, AMATEUR, FUTURITY, AND OPEN HORSE SHOW EVENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0YEAR-END BANQUET 1,590 PRIOR PERIOD ADJUSTMENT 105 TOTAL 1,695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES SUPPLIES 1,083 ABRA FEES 85 ANNOUNCER 1,250 ARENA 30,625 AWARDS 12,716 BANK FEES 192 CASH FOR SHOW 200 COMPUTER SOFTWARE 175 CREDIT CARD FEES 1,451 FUT PAYBACK 8,011 FUTURITY EXPENSES 1,501 INSURANCE 465 JACK POT WINNINGS 300 JUDGE 16,853 MEMBERSHIP DUES 500 MILEAGE 400 OFFICE HELP 2,195 PHBA FEES 4,599 REFUND 678 RIBBONS 1,388 SECRETARY 3,531 SHOW APPROVAL 870 SHOW BOOKLET 1,070 WEBSITE 1,090 YEAR-END BANQUET 2,635 TOTAL 93,863
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUNDING 2 ROUNDING 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33,862 3,862 LESS ACCUMULATED DEPRECIATION 3,862 3,862 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROMOTE THE PALOMINO QUARTER HORSE THROUGH THE CONDUCT OF YOUTH, AMATEUR, FUTURITY, AND OPEN HORSE SHOW EVENTS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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