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Nonprofit · EIN 36-6221032

SHORTHORN FOUNDATION

Tax-exempt · VAN ALSTYNE, TX 75495

Financials

$79K$33K2024
Revenue Expenses · by fiscal year end
Financials of SHORTHORN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990$79,141$33,055$46,086$780,177$0$780,177
Financial details: 990 for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$43,602
Investment income
$35,539
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,000
Program services (functional)
$31,150
Management and general (functional)
$1,905

Balance sheet and other

Total assets, start of year
$733,809
Total assets, end of year
$780,177
Total liabilities, end of year
$0
Net assets, end of year
$780,177
Publicly traded securities
$699,572
Net assets without donor restrictions
$780,177
Gross receipts
$79,141
Employees
0
State of legal domicile
IL

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 October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BILL RASORPRESIDENT/TR
Trustee or director, Officer
–$0
LES MATHERSTRUSTEE
Trustee or director, Officer
–$0
GWEN CRAWFORDTRUSTEE
Trustee or director, Officer
–$0
NANCY GRATHWOHLTRUSTEE
Trustee or director, Officer
–$0
TOM TURNERTRUSTEE
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
1800 LOVERS LEAP LN, VAN ALSTYNE, TX 75495-2278
Principal officer (990 for 2024)
BILL RASOR, 1800 LOVERS LEAP, VAN ALSTYNE, TX 75495
Signed the 990
BILL RASOR, PRESIDENT/TREASURER
Phone
(214) 850-4690
Return prepared by
SMITH-GARNER PC

Mission

PROMOTION OF ANIMAL SCIENCE AND LIVESTOCK PRODUCTION.

990 for the year ended October 31, 2025

Program accomplishments

  • ORGANIZE AND CONDUCT INSTITUTES, WORKSHOPS, CONFERENCES AND CONVENTIONS FOR THE PURPOSE OF INFORMING THE PUBLIC ON MATTERS CONCERNING LIVESTOCK PRODUCTION AND ANIMAL SCIENCE.
  • AWARD SCHOLARSHIPS TO ENCOURAGE THE STUDY OF ANIMAL SCIENCE.
    Expenses $31,150
  • FUNDING RESEARCH CONCERNING LIVESTOCK PRODUCTION AND ANIMAL SCIENCE.

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 October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026990 on file
2023October 31, 2024March 17, 2025990 on file
2022October 31, 2023March 15, 2024990 on file

IRS record

EIN
36-6221032
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1968
Accounting year ends
October
Files
Form 990 or 990-EZ
Assets (IRS master file)
$780,177
Income (IRS master file)
$79,141

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2025–––IRS
990October 2024–––IRS
990October 2023$45,833$23,095$699,738IRS
990October 2022$28,679$20,965$678,058IRS
990October 2021–––IRS
990October 2020–––IRS
990October 2019–––IRS
990October 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about SHORTHORN FOUNDATION

What is the EIN of SHORTHORN FOUNDATION?
The employer identification number (EIN) of SHORTHORN FOUNDATION is 36-6221032.
Is SHORTHORN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to SHORTHORN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SHORTHORN FOUNDATION 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 SHORTHORN FOUNDATION due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHORTHORN FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended October 2025.
Who is the principal officer of SHORTHORN FOUNDATION?
The 990 for the year ended October 31, 2025 names BILL RASOR.
Who are the officers and directors of SHORTHORN FOUNDATION?
The 990 for the year ended October 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SHORTHORN FOUNDATION have?
On its 990 for the year ended October 31, 2025 it reported revenue of $79,141, expenses of $33,055 and total assets of $780,177 at year end.

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