Texas Lamb Breeders Association Inc
- Assets
- $154.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fredonia, TX
- Founding
- 01/2008
- Data as of
- 12/2023
- EIN
- 75-2796614
Organization Overview
Texas Lamb Breeders Association Inc is located in Fredonia, TX. The organization was established in 2008. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Lamb Breeders Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Texas Lamb Breeders Association Inc generated $147.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $124.2k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS ESTABLISHED TO ALLOW LAMB BREEDERS TO SUPPORT THE YOUTH OF THE STATE OF TEXAS IN THE RAISING OF MARKET LAMBS. ALSO THE ORGANIZATION ENCOURAGES THE GROWTH OF KNOWLEDGE OF THE SHEEP INDUSTRY THROUGH SKILLATHONS HELD IN CONJUNCTION WITH TEXAS MAJOR STOCKSHOWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Ramsey Director | 1 | $0 | |
Gary Jennings Secretary/tr | 12 | $0 | |
Brent Drennan Director | 1 | $0 | |
Chase Mcphaul 1st Vice Pre | 1 | $0 | |
Kris Ede Director | 1 | $0 | |
Chad Thomas Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,395 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,395 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,280 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,011 |
| Other expenses | $112,871 |
| Total expenses | $124,162 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,590 |
| Other assets | $0 |
| Total assets | $154,590 |
| Total liabilities | $0 |
| Net assets or fund balances | $154,590 |