2024-12-10T06:53:58-08:00 2023-12-31 752593210 Sutton Frost Cary LLP 200 E Front St Suite 200 Arlington TX 76011 990 2023-01-01 581571998 NATIONAL SNAFFLE BIT ASSOCIATION INC NATI 8476236722 120 Mesa Street Weatherford TX 76086 CHARLES CANNIZZARO President 2024-12-10 true true Carroll Elizabeth Arnott P01965628 8176498083 2023 2024-10-15 13:58:12Z X X STEPHANIE LYNN 120 Mesa Street Weatherford TX 76086 7478396 false X WWW.NSBA.COM X 1983 GA The mission of the National Snaffle Bit Association, Inc. is to grow the show horse community through various equine program and events where every activity benefits horses, breeders, owners and exhibitors alike. 18 18 14 18 431751 290100 5061 5946768 6992336 7461 148283 331298 322216 6575627 7467896 156523 0 0 1056177 1174726 0 0 4885957 5962216 6098657 7136942 476970 330954 5863990 6238278 2461834 2505386 3402156 3732892 The mission of the National Snaffle Bit Association, Inc. is to grow the show horse community through various equine program and events where every activity benefits horses, breeders, owners and exhibitors alike. false false NSBA World Championship Show - NSBAs capstone event that promotes and celebrates NSBA members and their achievements, drives membership and participation at shows throughout the year, combined payout of $1,472,936. BCF Yearling Sale - a limited consignment sale designed to bring many of the nation's top yearlings to public sale. The sale is only open to yearlings enrolled in the NSBA Breeders Championship Futurity and Color Breeders Championship Futurity and is held in conjunction with the NSBA World Championship Show each year, expenses include cost of horses sold (Sale Purchase Expense). The Way To Go Magazine - published 10 times per year, print magazine that goes to subscribing members and horse shows, the official publication of the National Snaffle Bit Association. false false false true false false false false false true true false false false true false false false false false false false false false false false false false true false false false false false false false false false false false true false false true 614 0 true 14 true true true false false false false false false false X 18 18 false false false false true true false false true false false true true true true true true true false false X ALLISON WATSON 8476236722 120 Mesa Street Weatherford TX 76086 STEPHANIE LYNN Executive Dir. 40.00 5.00 X 165000 0 0 MAGGIE BELLVILLE Director 1.00 0.00 X 0 0 0 JANET GUNN IMM PAST PRES 1.00 0.00 X X 0 0 0 CHARLES CANNIZZARO President 1.00 0.00 X X 0 0 0 KEVIN DUKES PRESIDENT-ELECT 1.00 0.00 X X 0 0 0 PHIL HARRIS Vice President 1.00 0.00 X X 0 0 0 MICHAEL TIDWELL VP/TREASURER 1.00 0.00 X X 0 0 0 LORI BUCHOLZ Director 1.00 0.00 X 0 0 0 RICHARD CARR Director 1.00 0.00 X 0 0 0 DENTON DEBUHR Director 1.00 0.00 X 0 0 0 STACEY ROBERSON Director 1.00 0.00 X 0 0 0 CHRIS JONES Director 1.00 0.00 X 0 0 0 KELLY MCDOWALL Director 1.00 0.00 X 0 0 0 CODY PARRISH Director 1.00 0.00 X 0 0 0 KRISTY STARNES Director 1.00 0.00 X 0 0 0 CARLA WENNBERG Director 1.00 0.00 X 0 0 0 DEAN BOGART Director 1.00 0.00 X 0 0 0 MIKE HACHTEL Director 1.00 0.00 X 0 0 0 LAINA BANKS Director 1.00 0.00 X 0 0 0 165000 1 false true false 0 5061 5061 MAGAZINES 900099 593721 161970 431751 MEMBERSHIP DUES 900099 613851 613851 REGISTRATION INCOME 110000 174439 174439 SHOWS 110000 4244611 4244611 YEARLING SALES 112920 1365714 1365714 6992336 148283 148283 0 0 33140 10500 22640 22640 22640 0 5061 0 0 41714 41714 41714 CREDIT CARD SURCHARGES 900099 210236 210236 OTHER REVENUES 900099 47626 47626 257862 7467896 6860161 431751 170923 X 0 0 0 0 165000 0 830991 25480 76016 77239 0 4636 8040 0 0 434 166408 0 53063 43754 0 13678 402129 0 0 0 0 81171 20745 PAYOUTS 1579933 YEARLING PURCHASES 1183050 ARENA RENTAL 585110 AWARDS AND GIFTS 385867 1434198 7136942 0 0 0 2094558 2352902 536848 1857394 0 11056 63371 0 0 0 0 71133 13290 1879933 454358 1175884 1425575 0 1974511 491522 0 0 34224 5863990 6238278 321704 664962 1863583 1840424 276547 2461834 2505386 X 3402156 3732892 3402156 3732892 5863990 6238278 330954 -218 X false true X true false false false true false 105244 105244 1202269 154708 1047561 152294 117152 35142 420126 182498 237628 1425575 491522 X Part X : FIN48 Footnote The NSBA and NOHSA are exempt from federal taxes under Section 501(c)(5). The Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Associations exempt purposes is subject to tax under IRC Section 511. The Association had no unrelated business income for the year ending December 31, 2023. Accordingly, no provision has been made for federal income tax in the accompanying consolidated financial statements.GAAP requires the evaluation of tax positions taken in the course of preparing the Associations tax return and recognition of a tax liability (or asset) if the Association has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Association, and has concluded that as of December 31, 2023, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. X X false false false STEPHANIE LYNN Executive Dir. 165000 165000 Form 990, Part VI, Section A, Line 6 THE ASSOCIATION IS A MEMBERSHIP ORGANIZATION WITH MEMBERS. Form 990, Part VI, Section A, Line 8b HERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 11b THE 990 IS REVIEWED BY THE ASSOCIATION'S BOOKKEEPER, EXECUTIVE DIRECTOR AND EXECUTIVE COMMITTEE. ONCE REVIEWD, IT IS PROVIDEED TO THE FULL GOVERNING BODY PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c THERE IS AN ANNUAL REVIEW OF BOARD MEMBER ACTIVITY. THE EXECUTIVE DIRECTOR, AND TREASURER ALSO REVIEW MONTHLY DEPOSITS AND EXPENSES WHICH WOULD INDICATE ANY BOARD ACTIVITY TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Section B, Line 15a THE EXECUTIVE COMMITTEE CONSIDERING INDUSTRY INFORMATION DETERMINING THE DEXECUTIVE DIRECTOR'S SALARY WHICH IS INCLUDED IN A CONTRACT AND APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, Line 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part IX, Line 24e BANK & CREDIT CARD FEES: Column (A) - Total = $142192; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e DAY FEES: Column (A) - Total = $363080; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e DRUG TESTING: Column (A) - Total = $34478; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e EQUIPMENT & RENTALS: Column (A) - Total = $165648; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e EVENT EXPENSES: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e LICENSE AND FILING FEE: Column (A) - Total = $28458; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MISCELLANEOUS: Column (A) - Total = $160770; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e newsletter: Column (A) - Total = $225; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e OTHER SHOW EXPENSES: Column (A) - Total = $10600; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PLAQUES AND TROPHIES: Column (A) - Total = $9394; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Postage and Shipping: Column (A) - Total = $116239; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Printing and Publications: Column (A) - Total = $346233; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e REAL ESTATE TAXES: Column (A) - Total = $18813; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SPONSORSHIPS: Column (A) - Total = $38068; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 NATIONAL SNAFFLE BIT ASSOCIATION FOUNDAT 120 MESA ST WEATHERFORD TX 76086 271434965 CHARITABLE ORGANIZATION DEDICATED TO SUP IL 501C(3) LINE 7 N/A false NATIONAL OPEN HORSE SHOW ASSOCIATION 120 MESA ST WEATHERFORD TX 76086 834411916 TO PROMOTE AND IMPROVE THE OPEN HORSE SH IL 501C(5) N/A false false false false true false false false false false false false true false true true true true false false NATIONAL SNAFFLE BIT ASSOCIATION FOUNDAT d 5908 NATIONAL SNAFFLE BIT ASSOCIATION FOUNDAT p 238255 AMOUNT PAID NATIONAL SNAFFLE BIT ASSOCIATION FOUNDAT q 188145 AMOUNT RECEIVED NATIONAL OPEN HORSE SHOW ASSOCIATION d 28316 NATIONAL OPEN HORSE SHOW ASSOCIATION p 18020 CASH PAID NATIONAL OPEN HORSE SHOW ASSOCIATION q 20758 CASH RECEIVED