2024-05-14T15:52:00-05:00 2023-06-30 Finley & Cook PLLC 1421 E 45th Street Shawnee OK 74804 990 2022-07-01 310826605 NATIONAL REINING HORSE ASSOCIATION % JOHN FOY NATI 4059467400 3021 WEST RENO AVENUE OKLAHOMA CITY OK 73107 JOHN FOY CFO 4059197617 2024-05-14 true JOHN FOY 999009999 Jonathan Gauss P00047376 4058787300 2024-05-14 3 2022 2023-04-26 12:10:37Z MARK BLAKE 3021 WEST RENO AVENUE OKLAHOMA CITY OK 73107 14964176 false X WWW.NRHA.COM X 1966 OK TO PROMOTE AND ENCOURAGE PUBLIC INTEREST IN AGRICULTURAL AND RANCHING ACTIVITIES THROUGH THE EXHIBITION OF THE REINING HORSE AND RELATED PROGRAMS. 22 22 50 83 810514 112052 71680 0 10915739 11084621 12960 116308 1210331 2679118 12210710 13880047 0 0 0 0 2009848 2266989 0 0 0 9929455 11356243 11939303 13623232 271407 256815 12360658 17567764 8450256 13398380 3910402 4169384 X false false THE NRHA MANAGED EVENTS INCLUDE THE NRHA FUTURITY, THE NRHA DERBY, THE EUROPEAN FUTURITY, AND THE EUROPEAN DERBY. THESE EVENTS DEMONSTRATE TO THE PUBLIC THE SKILLS AND TECHNIQUES OF THE SPORT OF REINING. THESE EVENTS PROMOTE AND ENCOURAGE DEVELOPMENT OF AND PUBLIC INTEREST IN THE SPORT OF REINING. THE NRHA'S FUTURITY IS THE LARGEST PUBLIC SHOW OF REINING HORSES IN THE WORLD. THE NRHA PUBLISHES A MONTHLY MAGAZINE DISTRIBUTED WORLDWIDE THAT EDUCATES, INFORMS AND PROMOTES REINING. THE MAGAZINE PROVIDES CONTESTANTS AND SPECTATORS A BETTER UNDERSTANDING OF A PROPER PERFORMANCE OF THE REINING HORSE IN THE SHOW ARENA. THE NRHA MEMBERSHIP PROGRAMS INCLUDE THE JUDGES AND BREEDING PROGRAMS. THE NRHA JUDGES PROGRAM PROMOTES JUDGES SCHOOLS AND CLINICS THROUGHOUT THE WORLD. SUCCESSFUL CANDIDATES BECOME LICENSED NRHA JUDGES. THE JUDGES PROGRAM IS IMPERATIVE FOR THE REINING INDUSTRY TO MAINTAIN ITS INTEGRITY AND GROWTH. THESE PROGRAMS DEVELOP SUITABLE AND PROPER STANDARDS OF PERFORMANCE AND JUDGING INTENDED TO GOVERN ALL REINING HORSE CONTESTS SPONSORED AND APPROVED BY THE NRHA. THE NRHA BREEDING PROGRAM ENCOURAGES THE DEVELOPMENT AND BREEDING OF BETTER REINING HORSES BY PROVIDING AFFORDABLE BREEDING TO QUALITY BLOODLINES. false false false true false false false false false true false false true true true false true false false true false false false false false false false false true false false false false false false true false false false false true true false false true 469 0 true 50 true true true false false false true false false false false X 22 22 false false false false true true false true false false true true true true true true true true false OK X JOHN FOY 4059467400 3021 WEST RENO AVENUE OKLAHOMA CITY OK 73107 GARY CARPENTER EXECUTIVE DIRECTOR 50.0 2.0 X 264478 0 21867 JOHN FOY CHIEF FINANCIAL OFFICER 50.0 2.0 X 207491 0 20198 MARGARET FUCHS DIRECTOR 1.0 0.0 X 4900 0 0 ANN SALMON ANDERMAN EXEC. COMM. MEMBER & DIRECTOR 2.0 0.0 X 1500 0 0 MARK BLAKE PRESIDENT 10.0 4.0 X X 0 0 0 RICK CLARK PRESIDENT 10.0 4.0 X X 0 0 0 MIKE HANCOCK VICE PRESIDENT 2.0 2.0 X X 0 0 0 PAULUS BEURSKENS EXEC. COMM. MEMBER THRU 12/22 2.0 0.0 X 0 0 0 ED BRICKER EXEC. COMM. MEMBER & DIRECTOR 2.0 0.0 X 0 0 0 SHANE BROWN EXEC. COMM. MEMBER & DIRECTOR 2.0 0.0 X 0 0 0 JOHN TAGUE EXEC. COMM. MEMBER & DIRECTOR 2.0 0.0 X 0 0 0 TIM ANDERSON DIRECTOR 1.0 4.0 X 0 0 0 MAIK BARTMANN DIRECTOR STARTING 1/1/2023 1.0 0.0 X 0 0 0 LYNDON HALE DIRECTOR STARTING 1/1/2023 1.0 0.0 X 0 0 0 LARRY J HANDLEY DIRECTOR 1.0 0.0 X 0 0 0 DRAKE JOHNSON DIRECTOR 1.0 0.0 X 0 0 0 RUDI KRONSTEINER DIRECTOR STARTING 1/1/2023 1.0 0.0 X 0 0 0 JOAO MARCOS DIRECTOR THRU 12/2022 1.0 0.0 X 0 0 0 KAREN MONTGOMERY DIRECTOR 1.0 0.0 X 0 0 0 FRANCISCO MOURA DIRECTOR STARTING 1/1/23 1.0 0.0 X 0 0 0 RUBEN PACHECO DIRECTOR 1.0 0.0 X 0 0 0 GINGER SCHMERSAL DIRECTOR 1.0 0.0 X 0 0 0 DALLAS SCHWERDT DIRECTOR 1.0 0.0 X 0 0 0 KAREN SHEDLAUSKAS DIRECTOR 1.0 0.0 X 0 0 0 ROSANNE STERNBERG DIRECTOR THRU 12/2022 1.0 0.0 X 0 0 0 KYLIE WARN DIRECTOR 1.0 0.0 X 0 0 0 478369 0 42065 2 false true false EVENTURES INC PO BOX 76559 OKLAHOMA CITY OK 73128 DECORATING/RENTALS 234648 THE JOCKEY CLUB TECHNOLOGY CLUB SER 821 CORPORATE DRIVE LEXINGTON KY 40503 SOFTWARE DEV./SUP. 269246 PRO MANAGEMENT 13181 US HIGHWAY 177 BYARS OK 74831 CONTRACT SERVICES 334192 MCC MAGAZINES LLC 725 BROAD STREET AUGUSTA GA 30901 PUBLISHING/CONSULT. 415537 LSC COMMUNICATIONS PO BOX 531840 ATLANTA GA 30353 PRINTING/POSTAGE 185226 12 0 NRHA MANAGED EVENTS 711310 7511822 7511822 PUBLICATION 511120 810514 810514 MEMBER PROGRAMS 813410 2536983 2536983 FOAL NOMINATION PROGRAM 112920 214333 214333 OTHER PROGRAM REVENUE 900099 10969 10969 11084621 116308 116308 0 2315449 2315449 0 0 0 0 0 0 0 0 0 0 1413254 1084129 329125 329125 MISCELLANEOUS INCOME 900099 34544 34544 34544 13880047 10637776 810514 2431757 0 0 0 0 524429 524429 9613 9613 1365658 1365658 28254 28254 188070 188070 150965 150965 0 54558 54558 69976 69976 0 0 0 1599354 1599354 32652 32652 335303 335303 105296 105296 0 329500 329500 594056 594056 0 102795 102795 0 0 253936 253936 80142 80142 NRHA MANAGED EVENTS PAYOUT 4564983 4564983 NRHA MANAGED EVENTS EXPENSES 2037647 2037647 PUBLICATION EXPENSE 342941 342941 MEMBER PROGRAM EXPENSE 490644 490644 362460 362460 13623232 13623232 7310030 9870061 1941874 2005646 0 0 663056 804785 0 0 0 0 0 0 0 558706 843610 105658 2309579 814730 1600249 1494849 1839 2059 0 0 0 0 0 0 0 2726000 12360658 17567764 5711918 7757177 0 0 2730754 2817203 0 0 0 0 0 0 0 0 0 0 7584 2824000 8450256 13398380 X 3910402 4169384 0 0 3910402 4169384 12360658 17567764 X 256815 72 2095 X false true X true false true false false 2309579 814730 1494849 1494849 FASB LEASE ASSET 2726000 2726000 0 OTHER LIABILITIES 2000 FASB OPERATING LEASE LIABILITY 2822000 2824000 PART X, LINE 2 THE GROUP FOLLOWS ACCOUNTING STANDARDS CODIFICATIONS (ASC 740), INCOME TAXES, TO DISCLOSE POSSIBLE UNCERTAIN TAX POSITIONS. THE GROUP EVALUATES ANY UNCERTAIN TAX POSITION USING THE PROVISIONS OF ASC 450, CONTINGENCIES. THE GROUP DOES NOT BELIEVE THAT IT HAS ENGAGED IN ANY ACTIVITY THAT WOULD RESULT IN AN UNCERTAIN TAX POSITION. AS A RESULT, MANAGEMENT DOES NOT BELIEVE THAT ANY UNCERTAIN TAX POSITIONS CURRENTLY EXIST AND NO LOSS CONTINGENCY HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. Europe (Including Iceland and Greenland) 0 0 Program Services MEMBERSHIP/SHOW DEVEL. 520756 North America 0 0 Program Services MEMBERSHIP/SHOW DEVEL. 9760 South America 0 0 Program Services MEMBERSHIP/SHOW DEVEL. 515 East Asia and the Pacific 0 0 Program Services MEMBERSHIP/SHOW DEVEL. 1604 0 0 0 0 532635 532635 false false false false false false X X X X X false false false GARY CARPENTER EXECUTIVE DIRECTOR 244478 20000 5889 15978 286345 JOHN FOY CHIEF FINANCIAL OFFICER 185253 20000 2238 4220 15978 227689 false false false FORM 990 PART III, LINE 1: ORGANIZATION'S MISSION THE CORPORATION IS FORMED TO PROMOTE AND ENCOURAGE PUBLIC INTEREST IN AGRICULTURAL AND RANCHING THROUGH REINING HORSE SHOWS AND PROGRAMS; TO DEVELOP STANDARDS OF PERFORMANCE AND JUDGING OF REINING HORSES; TO ENCOURAGE THE DEVELOPMENT AND BREEDING OF BETTER REINING HORSES; TO DEVELOP A HIGHER DEGREE OF EFFICIENCY IN THE OCCUPATION AND CAREER OF PROFESSIONAL REINING HORSE TRAINERS, OWNERS, AND BREEDERS; AND TO DISSEMINATE INFORMATION ABOUT REINING HORSES. FORM 990 PART VI, LINE 1A: GOVERNANCE, MANAGEMENT, AND DISCLOSURE THE EXECUTIVE COMMITTEE SHALL PERFORM THOSE FUNCTIONS AND RESPONSIBILITIES, AND MAY EXERCISE THE AUTHORITY SPECIFIED IN AN EXECUTIVE COMMITTEE CHARTER APPROVED BY THE BOARD OF DIRECTORS. IF SPECIFIED IN THE EXECUTIVE COMMITTEE CHARTER, THE EXECUTIVE COMMITTEE SHALL BE AUTHORIZED TO EXERCISE THE FULL POWER AND AUTHORITY OF THE BOARD OF DIRECTORS DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL REPORT TO THE BOARD OF DIRECTORS ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE. BY A TWO-THIRDS MAJORITY OF VOTING MEMBERS OF THE BOARD OF DIRECTORS PRESENT AND VOTING, THE BOARD OF DIRECTORS CAN COUNTERMAND ANY ACTIONS OR DECISIONS THE BOARD DEEMS APPROPRIATE. FORM 990 PART VI, LINE 6 & 7A MEMBERSHIP IS AVAILABLE TO ANY INDIVIDUAL OF GOOD CHARACTER AND REPUTATION WHO HAS AN INTEREST IN REINING HORSES AND THE PROMOTION OF THE REINING HORSE. ADDITIONALLY, MEMBERSHIP IS AVAILABLE TO BUSINESS ENTITIES, PARTNERSHIPS, SYNDICATES, AFFILIATES OR ORGANIZATIONS. MEMBERSHIP IS A PRIVILEGE, AND NOT A VESTED RIGHT. ALL MEMBERSHIPS ARE SUBJECT TO THE APPROVAL OF THE EXECUTIVE COMMITTEE, WHICH MAY APPROVE, REJECT, SUSPEND, OR REVOKE THE MEMBERSHIP OF ANY MEMBER AT ANY TIME IN ITS DISCRETION. THE BOARD OF DIRECTORS RETAINS FINAL AUTHORITY REGARDING ALL ASPECTS OF MEMBERSHIP, INCLUDIING CONDITIONS OF MEMBERSHIP, ELIGIBILITY, QUALIFICATIONS, APPROVAL OR REJECTION, SUSPENSION, REVOCATION, PROCESSES, TYPES, DUES, AND INTERPRETATIONS OF THE PROVISIONS OF THESE BYLAWS RELATING TO MEMBERSHIP, AND THE DECISION OF THE BOARD OF DIRECTORS SHALL BE FINAL AND NOT SUBJECT TO APPEAL OR REVIEW. FORM 990 PART VI, LINE 11B THE NRHA ENGAGES A PAID PREPARER EXPERIENCED IN THE PREPARATION OF FORM 990 TO PREPARE THE RETURN. A COPY OF THE FORM 990 IS EMAILED TO THE FINANCE COMMITTEE AND ALL BOARD MEMBERS FOR THEIR REVIEW BEFORE IT IS FILED. ANY COMMENTS OR QUESTIONS ARE DISCUSSED AMONG THE BOARD MEMBERS AND MANAGEMENT. CHANGES, IF ANY ARE MADE AND THE FORM 990 IS THEN FILED. FORM 990 PART VI, LINE 12 THE CONFLICTS OF INTEREST POLICY IS REVIEWED AT THE FIRST BOARD OF DIRECTORS MEETING EACH YEAR. AT WHICH TIME, EACH DIRECTOR HAS THE OPPORTUNITY TO DISCLOSE ANY POTENTIAL CONFLICT TO MANAGEMENT. DIRECTORS ARE ALSO REMINDED TO DISCLOSE ANY CONFLICTS THAT ARISE DURING THE YEAR DURING REGULARLY SCHEDULING BOARD MEETINGS. FORM 990 PART VI, LINE 15A & 15B ON AN ANNUAL BASIS, COMPENSATION DATA IS COMPILED INTERNALLY BY NRHA'S MANAGEMENT, BASED PRIMARILY ON FORMS 990 OF OTHER SIMILAR TAX-EXEMPT ORGANIZATIONS. THE COMPARISON INFORMATION IS GATHERED FOR PERSONS SIMILARLY QUALIFIED IN COMPARABLE POSITIONS TO THAT OF NRHA'S TOP MANAGEMENT. THE COMPENSATION DATA IS THEN PROVIDED TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF NRHA. THE BOARD OF DIRECTORS HAS DELEGATED AUTHORITY TO EVALUATE THE TOP MANAGEMENT POSITIONS OF THE ORGANIZATION, WHICH INCLUDES THE EXECTUTIVE DIRECTOR AND THE CHIEF FINANCIAL OFFICER. THE COMPENSATION COMMITTEE REVIEWS THE DATA AND PROVIDES THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WITH RECOMMENDATIONS. FORM 990 PART VI, LINE 19 NRHA'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON NRHA'S WEBSITE TO ITS MEMBERS WHEN ENTERING THE MEMBERS ONLY SECTION OF THE ORGANIZATION'S WEBSITE. NRHA'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990 PART XI, LINE 9: OTHER CHANGES IN NET ASSETS THE AMOUNTS REPORTED ON ON PART XI, LINE 9 REPRESENT THE FOLLOWING BOOK/TAX DIFFERENCES: DEPRECIATION - $2,095 FORM 990 PART IX LINE 11G DESCRIPTION:EVENT CONTRACT SERVICES TOTAL FEES:657833 FORM 990 PART IX LINE 11G DESCRIPTION:HORSE SALE CONTRACT SERVICES TOTAL FEES:67125 FORM 990 PART IX LINE 11G DESCRIPTION:MAGAZINE CONTRACT SERVICES TOTAL FEES:355406 FORM 990 PART IX LINE 11G DESCRIPTION:GENERAL CONTRACT SERVICES TOTAL FEES:490965 FORM 990 PART IX LINE 11G DESCRIPTION:MISCELLANEOUS FEES TOTAL FEES:28025 REINING HORSE FOUNDATION 3021 W RENO AVENUE OKLAHOMA CITY OK 73107 731575062 SUPPORT NRHA OK 501(C)(3) LINE 7 NA true false false false false false false false false false false true false true true true true false false