Nonprofit · EIN 23-7264463
TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC
Tax-exempt · BUDA, TX 78610
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $883,937 | $942,032 | -$58,095 | $2,290,420 | $1,760,537 | $529,883 |
| August 31, 2024 | 990 | $867,927 | $858,718 | $9,209 | $2,144,720 | $1,556,742 | $587,978 |
| August 31, 2023 | 990 | $1,083,888 | $926,093 | $157,795 | $1,888,565 | $1,309,796 | $578,769 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $875,072
- Investment income
- $665
- Other revenue
- $8,200
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $102,043
- Other salaries and wages
- $167,971
- Salaries, compensation and benefits (total)
- $290,753
- Professional fundraising fees
- $0
- Legal fees
- $116,511
- Occupancy
- $33,933
- Travel
- $6,254
- Depreciation
- $17,855
- Program services (functional)
- $908,508
- Management and general (functional)
- $33,524
Balance sheet and other
- Total assets, start of year
- $2,144,720
- Total assets, end of year
- $2,290,420
- Total liabilities, end of year
- $1,760,537
- Net assets, end of year
- $529,883
- Land, buildings and equipment
- $13,842
- Net assets without donor restrictions
- $529,883
- Gross receipts
- $883,937
- Employees
- 4
- Year formed
- 1955
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tracy Sheffield | Executive Dir. Officer | 40 | $65,463 |
| Mary Ruyle | Ex Dir Emeritus Officer | 40 | $36,580 |
| Carl Moore | Director Trustee or director | 3 | $0 |
| Glen Robertson | Director Trustee or director | 3 | $0 |
| Clint Burgess | Director Trustee or director | 3 | $0 |
| Henry Witt Jr | Director Trustee or director | 3 | $0 |
| Kathy Davis | Director Trustee or director | 3 | $0 |
| Philip J Leckinger | Board President Trustee or director | 6 | $0 |
| Corey Johnsen | Director Trustee or director | 3 | $0 |
| Mike Rose | Director Trustee or director | 3 | $0 |
| Phil L Adams | Director Trustee or director | 3 | $0 |
| John H Adger | Director Trustee or director | 3 | $0 |
| Keith A Asmussen | Director Trustee or director | 3 | $0 |
| Susan Naylor | Director Trustee or director | 0 | $0 |
| Brent Savage | Director Trustee or director | 3 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Douglas Smith | Director Trustee or director | 3 | $0 |
| Kelly Middleton Shumake | BdSec-Treasurer Trustee or director | 3 | $0 |
| William J Tracy | Director Trustee or director | 3 | $0 |
| Judy Peek | Secretary-Treas Trustee or director | 3 | $0 |
| Bethe Deal | Director Trustee or director | 3 | $0 |
| Terry Eoff | Director Trustee or director | 3 | $0 |
| Billey Dee Winters | Director Trustee or director | 3 | $0 |
990 for the year ended August 31, 2024: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mary Ruyle | Ex Dir Emeritus Officer | 40 | $100,120 |
| Carl Moore | Director Trustee or director | 3 | $0 |
| Glen Robertson | Director Trustee or director | 3 | $0 |
| Jeff Jeans | Director Trustee or director | 3 | $0 |
| Henry Witt Jr | Director Trustee or director | 3 | $0 |
| Kathy Davis | Director Trustee or director | 3 | $0 |
| Philip J Leckinger | Board President Trustee or director | 6 | $0 |
| Corey Johnsen | Director Trustee or director | 3 | $0 |
| Mike Rose | Director Trustee or director | 3 | $0 |
| Phil L Adams | Director Trustee or director | 3 | $0 |
| John H Adger | Director Trustee or director | 3 | $0 |
| Keith A Asmussen | Director Trustee or director | 3 | $0 |
| Susan Naylor | Director Trustee or director | 0 | $0 |
| Brant Schafer | Director Trustee or director | 3 | $0 |
| Brent Savage | Director Trustee or director | 3 | $0 |
| Douglas Smith | Director Trustee or director | 3 | $0 |
| Kelly Middleton Shumake | BdSec-Treasurer Trustee or director | 3 | $0 |
| William J Tracy | Director Trustee or director | 3 | $0 |
| Judy Peek | Secretary-Treas Trustee or director | 3 | $0 |
| Bethe Deal | Director Trustee or director | 3 | $0 |
| Terry Eoff | Director Trustee or director | 3 | $0 |
| Billey Dee Winters | Director Trustee or director | 3 | $0 |
| Tracy Sheffield | Executive Dir. Officer | 40 | $0 |
990 for the year ended August 31, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carl Moore | Director Trustee or director | 0 | $0 |
| Glen Robertson | Director Trustee or director | 0 | $0 |
| George Allan Bryant | Director Trustee or director | 0 | $0 |
| Henry Witt Jr | Director Trustee or director | 0 | $0 |
| Kathy Davis | Director Trustee or director | 0 | $0 |
| Philip J Leckinger | Vice President Trustee or director | 0 | $0 |
| Corey Johnsen | Director Trustee or director | 0 | $0 |
| Mike Rose | Director Trustee or director | 0 | $0 |
| Phil L Adams | Director Trustee or director | 0 | $0 |
| John H Adger | Director Trustee or director | 0 | $0 |
| Keith A Asmussen | Director Trustee or director | 0 | $0 |
| Susan Moulton | Director Trustee or director | 0 | $0 |
| Brant Schafer | Director Trustee or director | 0 | $0 |
| Brent Savage | Director Trustee or director | 0 | $0 |
| Douglas Smith | Director Trustee or director | 0 | $0 |
| William J Tracy | Director Trustee or director | 0 | $0 |
| David H Stephens DVM | Secretary-Treas Trustee or director | 0 | $0 |
| Bethe Deal | Director Trustee or director | 0 | $0 |
| Terry Eoff | Director Trustee or director | 0 | $0 |
| Tracy Sheffield | President Trustee or director | 0 | $0 |
| Mary Ruyle | Executive Dir. Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 192 CIMARRON PARK LOOP STE A, BUDA, TX 78610-3085
- In care of
- % MARY RUYLE
- Signed the 990
- Tracy Sheffield, Executive Director
- Phone
- (512) 458-6133
- Return prepared by
- Alexander Lievens LLP
Mission
To promote and improve thoroughbred breeding
Program accomplishments
- The Texas Thoroughbred Breeders' Association is the officially designated state horse breeding registry for thoroughbreds in Texas. The overriding goal of the ATB program is to promote, develop, and improve the breeding of thoroughbreds in Texas. The Association also sponsors horse sale events for the improvement of the grade of thoroughbreds, raising in Texas, various meetings, seminars, tours, pedigree research and activities designed to assist owners of thoroughbred horses in improving the quality of the horses and the operations.Expenses $908,507
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 23-7264463
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,290,420
- Income (IRS master file)
- $883,937
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $883,937 | $942,032 | $2,290,420 | XML |
| 990 | August 2024 | $867,927 | $858,718 | $2,144,720 | XML |
| 990 | August 2023 | $1,083,888 | $926,093 | $1,888,565 | XML |
| 990 | August 2022 | $971,141 | $889,229 | $2,119,293 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7264463).
Questions about TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC
- What is the EIN of TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC?
- The employer identification number (EIN) of TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC is 23-7264463.
- Is TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1976.
- Are donations to TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who are the officers and directors of TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC?
- The 990 for the year ended August 31, 2025 lists 22 people; 2 received compensation from the organization, the highest $65,463 (Tracy Sheffield, Executive Dir.).
- How much revenue does TEXAS THOROUGHBRED BREEDERS ASSOCIATION INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $883,937, expenses of $942,032 and total assets of $2,290,420 at year end.
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