Nonprofit · EIN 51-0187823
AMERICAN QUARTER HORSE FOUNDATION
Tax-exempt · AMARILLO, TX 79104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $7,735,820 | $2,847,931 | $4,887,889 | $78,259,679 | $473,269 | $77,786,410 |
| September 30, 2024 | 990 | $11,932,105 | $2,342,348 | $9,589,757 | $71,872,707 | $259,114 | $71,613,593 |
| September 30, 2023 | 990 | $6,808,098 | $2,296,874 | $4,511,224 | $56,783,133 | $240,610 | $56,542,523 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $2,717,377
- of which government grants
- $56,362
- Program service revenue
- $479,792
- Investment income
- $4,500,276
- Net rental income
- $1,250
- Net gain from sales of assets
- $3,165,631
- Net income from fundraising events
- -$30,624
- Net income from sales of inventory
- $48,048
- Other revenue
- $38,375
Expenses
- Grants and similar amounts paid
- $832,942
- Compensation of officers, directors and key employees
- $235,574
- Other salaries and wages
- $612,157
- Salaries, compensation and benefits (total)
- $1,010,019
- Professional fundraising fees
- $0
- Occupancy
- $217,443
- Travel
- $38,008
- Depreciation
- $337,223
- Program services (functional)
- $2,238,118
- Management and general (functional)
- $284,297
- Fundraising (functional)
- $325,516
Balance sheet and other
- Total assets, start of year
- $71,872,707
- Total assets, end of year
- $78,259,679
- Total liabilities, end of year
- $473,269
- Net assets, end of year
- $77,786,410
- Land, buildings and equipment
- $5,490,045
- Publicly traded securities
- $47,818,945
- Net assets without donor restrictions
- $29,968,025
- Net assets with donor restrictions
- $47,818,385
- Gross unrelated business income
- -$14,902
- Gross receipts
- $31,395,021
- Employees
- 18
- Volunteers
- 213
- Year formed
- 1975
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KARL STRESSMAN | EXECUTIVE VICE PRESIDENT Officer | 5 | $0 | $636,780 | $51,091 |
| ANDREW BARBE | CFO & TREASURER Officer | 5 | $0 | $453,106 | $55,745 |
| CHRISTINE SITZ | COO & SECRETARY Officer | 55 | $187,328 | $0 | $39,167 |
| JEFF TEBOW PRESIDENT | (FROM 3/2025), 1ST VP (TO 3/2025) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JIM BRINKMAN 1ST VP FROM | (FROM 3/2025), 2ND VP (TO 3/2025) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| LORI BUCHOLZ | 2ND VP (FROM 3/2025) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CATHERINE NICHOLAS | APPOINTED TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| LARRY BELL | APPOINTED TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| KATHY HEADLEY | APPOINTED TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DANIEL HENSON | APPOINTED TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JAMES HUNT | PRESIDENT (TO 3/2025) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ROSS ROARK | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RANDY RATLIFF | TRUSTEE (FROM 3/2025) Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Karl Stressman | Executive Vice President Officer | 5 | $0 | $457,687 | $36,410 |
| Christine Sitz | COO & Secretary Officer | 55 | $182,142 | $0 | $32,524 |
| Kenneth Banks | President (To 3/2024) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| James HuntPresFrom | 3/2024)1st VP(To 3/2024) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Jeff Tebow1st VPFrom 32024 | 2nd VP (To 3/2024) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Jim Brinkman2nd VPFrom | 3/2024)Board Member(To 3/2024) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Lori Bucholz | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Robin Merrill | Appointed Trustee (To 4/2024) Trustee or director | 2 | $0 | $0 | $0 |
| Catherine Nicholas | Appointed Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Larry Bell | Appointed Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Kathy Headley | Appointed Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Ross Roark | Trustee (From 3/2024) Trustee or director | 2 | $0 | $0 | $0 |
| Daniel Henson | Appointed Trustee(From 4/2024) Trustee or director | 2 | $0 | $0 | $0 |
| Andrew Barbe | CFO & Treasurer Officer | 5 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Karl Stressman | Executive Vice President Officer | 5 | $0 | $238,976 | $21,639 |
| Aaron Bovos | Former CFO/Treas. (To 8/2022) Former | 0 | $0 | $212,591 | $18,683 |
| Christine Sitz | COO & Secretary Officer | 55 | $151,633 | $0 | $2,562 |
| Kenneth BanksPresfrom 323 | 1st VP (to 3/2023) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Dr Scott Myers | President (to 3/2023) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| James Hunt1st VPfrom 32023 | 2nd VP (to 3/2023) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Jeff Tebow | 2nd VP (from 3/2023) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Jim Brinkman | Board of Trustees Member Trustee or director | 2 | $0 | $0 | $0 |
| Lori Bucholz | Board Member (from 3/2023) Trustee or director | 2 | $0 | $0 | $0 |
| Robin Merrill | Appointed Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Catherine Nicholas | Appointed Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Larry Bell | Appointed Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Kathy Headley | Appointed Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Andrew Barbe | CFO & Treasurer (from 6/2023) Officer | 5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1600 QUARTER HORSE DR, AMARILLO, TX 79104-3406
- In care of
- % ANDREW BARBE
- Principal officer (990 for 2024)
- DAVID DELLIN, PO BOX 32111, AMARILLO, TX 79120
- Signed the 990
- DAVID DELLIN, EXECUTIVE VICE PRESIDENT
- Phone
- (806) 376-5181
- Website
- WWW.AQHA.COM/FOUNDATION
- Return prepared by
- SORREN INC
Mission
THE FOUNDATION CONNECTS HORSES AND PEOPLE THROUGH CHARITABLE GIVING TO SUPPORT PROGRAMS THAT PRESERVE OUR HORSES LEGACY AND FURTHER THE WELL-BEING OF THE AMERICAN QUARTER HORSE FAMILY.
Program accomplishments
- HALL OF FAME AND MUSEUM - THE MUSEUM MISSION IS TO STEWARD AND PRESERVE THE HISTORY AND LEGACY OF THE AMERICAN QUARTER HORSE AND EDUCATE OUR DIVERSE AUDIENCE. THE HALL OF FAME HONORS THOSE HUMANS AND HORSES THAT HAVE MADE A TRANSFORMATIONAL IMPACT UPON AQHA AND THE AMERICAN QUARTER HORSE INDUSTRY. BOTH HORSE AND HUMAN INDUCTEES SHOULD HAVE MADE A HISTORICALLY SIGNIFICANT INFLUENCE UPON THEIR RESPECTIVE FIELDS OR DISCIPLINES, AND THE HORSE SHOULD HAVE SHOWN GREAT ACCOMPLISHMENT IN THOSE AREAS. THE LIVES OF HUMAN INDUCTEES SHOULD REFLECT THEIR ENDURING INFLUENCE UPON THEIR FIELD OR DISCIPLINE, AND SHOULD SHOW THE HIGHEST LEVEL OF CHARACTER AND INTEGRITY.Expenses $1,116,688 · revenue $562,443
- GRANTS AND EDUCATION TO ADVANCE RELEVANT BASIC AND APPLIED RESEARCH THAT ENHANCES THE WELL-BEING OF THE AMERICAN QUARTER HORSE. BY FOSTERING INNOVATIVE EQUINE RESEARCH AND EDUCATION, WE LEVERAGE OUR RESOURCES WITH EXCEPTIONAL SCIENTISTS TO ADDRESS FUNDAMENTAL ISSUES FACING BOTH THE AQHA MEMBERSHIP AND THE BROADER HORSE INDUSTRY.Expenses $680,037 · grants $495,554
- SCHOLARSHIPS TO EMPOWER AQHA MEMBERS WITH ENHANCED EDUCATIONAL OPPORTUNITIES THAT STRENGTHEN LEADERSHIP WITHIN THE AMERICAN QUARTER HORSE INDUSTRY. THROUGH THE DEVELOPMENT OF ADVANCED EDUCATION AND TRAINING BOTH NATIONALLY AND INTERNATIONALLY, WE ENSURE THE RESOURCES NEEDED TO STEER THE AMERICAN QUARTER HORSE INDUSTRY TOWARD A SUSTAINABLE FUTURE. 150 SCHOLARSHIPS WERE PAID IN THE YEAR ENDING 9/30/25.Expenses $441,393 · grants $337,388
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 51-0187823
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 1976
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Animal-related (D03)
- Assets (IRS master file)
- $78,259,679
- Income (IRS master file)
- $31,395,021
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $7,735,820 | $2,847,931 | $78,259,679 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $11,932,105 | $2,342,348 | $71,872,707 | IRS |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $6,808,098 | $2,296,874 | $56,783,133 | XML |
| 990 | September 2022 | $2,524,277 | $2,494,106 | $47,790,954 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 51-0187823).
Questions about AMERICAN QUARTER HORSE FOUNDATION
- What is the EIN of AMERICAN QUARTER HORSE FOUNDATION?
- The employer identification number (EIN) of AMERICAN QUARTER HORSE FOUNDATION is 51-0187823.
- Is AMERICAN QUARTER HORSE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to AMERICAN QUARTER HORSE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does AMERICAN QUARTER HORSE 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 AMERICAN QUARTER HORSE FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN QUARTER HORSE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of AMERICAN QUARTER HORSE FOUNDATION?
- The 990 for the year ended September 30, 2025 names DAVID DELLIN.
- Who are the officers and directors of AMERICAN QUARTER HORSE FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 13 people; 1 received compensation from the organization.
- How much revenue does AMERICAN QUARTER HORSE FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $7,735,820, expenses of $2,847,931 and total assets of $78,259,679 at year end.
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