National Reining Breeders Cup
- Assets
- $2.7m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Byars, OK
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 75-2760464
Organization Overview
National Reining Breeders Cup is located in Byars, OK. The organization was established in 2000. According to its NTEE Classification (D99) the organization is classified as: Animal-Related N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Reining Breeders Cup is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, National Reining Breeders Cup generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND BETTERMENT OF REINING HORSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL REINING BREEDERS CLASSIC IS AN ANNUAL COMPETITIVE EVENT. THE ORGANIZATIONS LONG-TERM GOAL IS TO CONTINUE TO PROMOTE LEARNING THROUGH EXHIBITION AND COMPETITION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Mccutcheon Pres | OfficerTrustee | 2 | $0 |
Colleen Mcquay VP | OfficerTrustee | 2 | $0 |
Cheryl Cody Sec/treas | OfficerTrustee | 5 | $0 |
Tim Mcquay Dir | Trustee | 0.5 | $0 |
Dell Hendricks Dir | Trustee | 0.5 | $0 |
Pete Kyle Dir | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Equine Show Productions Show Production | 12/30/20 | $269,705 |
Equine Show Productions Show Production | 12/30/20 | $269,705 |
Pro Management Inc Organization Management | 12/30/20 | $207,010 |
Pro Management Inc Organization Management | 12/30/20 | $207,010 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $175,120 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,120 |
| Total Program Service Revenue | $2,219,397 |
| Investment income | $16,497 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,411,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $98,607 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,604 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $923 |
| Information technology | $2,528 |
| Royalties | $0 |
| Occupancy | $3,406 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,329,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $844,710 |
| Savings and temporary cash investments | $1,861,379 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,904 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,619 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,730,612 |
| Accounts payable and accrued expenses | $27,768 |
| Grants payable | $0 |
| Deferred revenue | $2,673,550 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,701,318 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $29,294 |
| Total liabilities and net assets/fund balances | $2,730,612 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dogs On Duty Saint Peters, MO | $385,390 | $3,820,202 |
Pets Low Cost Spay And Neuter Clinic Wichita Falls, TX | $4,262,771 | $4,481,780 |
National Reining Breeders Cup Byars, OK | $2,730,612 | $2,411,014 |
Dallas Dogrrr Allen, TX | $494,595 | $1,869,443 |
Big Bones Canine Rescue Service Windsor, CO | $151,787 | $1,369,551 |
Medina County Junior Livestock Show Inc Hondo, TX | $194,840 | $1,418,977 |
Paws And Stripes Albuquerque, NM | $3,419,674 | $1,029,797 |
Pet Sustainability Coalition Lyons, CO | $288,021 | $1,063,440 |
Rescue One Springfield, MO | $650,476 | $1,081,705 |
Athens Animal Rescue Shelter Athens, TX | $115,249 | $665,193 |
Joyride Center Inc Magnolia, TX | $989,976 | $493,341 |
Cypress Lucky Mutt Rescue Houston, TX | $69,297 | $559,936 |