Nonprofit · EIN 58-1571998
NATIONAL SNAFFLE BIT ASSOCIATION INC
Also known as STEPHANIE LYNN
Tax-exempt · WEATHERFORD, TX 76086
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,347,856 | $7,156,066 | $191,790 | $6,370,337 | $2,321,492 | $4,048,845 |
| December 31, 2023 | 990 (amended) | $7,467,896 | $7,136,942 | $330,954 | $6,238,278 | $2,505,386 | $3,732,892 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,300
- Program service revenue
- $6,673,377
- Investment income
- $382,352
- Net rental income
- $25,823
- Net gain from sales of assets
- $210,746
- Net income from sales of inventory
- $42,230
- Other revenue
- $281,827
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $176,410
- Other salaries and wages
- $806,494
- Salaries, compensation and benefits (total)
- $1,181,717
- Professional fundraising fees
- $0
- Legal fees
- $116
- Accounting fees
- $12,000
- Occupancy
- $32,754
- Travel
- $396,556
- Depreciation
- $96,351
Balance sheet and other
- Total assets, start of year
- $6,238,278
- Total assets, end of year
- $6,370,337
- Total liabilities, end of year
- $2,321,492
- Net assets, end of year
- $4,048,845
- Land, buildings and equipment
- $1,185,212
- Net assets without donor restrictions
- $4,048,845
- Gross unrelated business income
- $338,785
- Gross receipts
- $7,841,245
- Employees
- 14
- Volunteers
- 17
- Year formed
- 1983
- State of legal domicile
- GA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHANIE LYNN | Executive Dir. Officer | 40 | $171,002 | $5,408 |
| NICOLE BARNES | DIR SALES TWTG | 40 | $114,746 | $0 |
| CHRISTOPHER HERNANDEZ | IT MANAGER | 40 | $103,225 | $3,096 |
| MIKE HACHTEL | Director Trustee or director | 0.25 | $0 | $0 |
| CHARLES CANNIZZARO | IMM PAST PRES Trustee or director, Officer | 0.25 | $0 | $0 |
| KEVIN DUKES | President Trustee or director, Officer | 2 | $0 | $0 |
| PHIL HARRIS | PRESIDENT-ELECT Trustee or director, Officer | 0.25 | $0 | $0 |
| MICHAEL TIDWELL | VP/TREASURER Trustee or director, Officer | 0.25 | $0 | $0 |
| RICH CARR | Vice President Trustee or director, Officer | 0.25 | $0 | $0 |
| LORI BUCHOLZ | Director Trustee or director | 0.25 | $0 | $0 |
| COLE BAKER | Director Trustee or director | 0.25 | $0 | $0 |
| DENTON DEBUHR | Director Trustee or director | 0.25 | $0 | $0 |
| PATTY CAMPBELL | Director Trustee or director | 0.25 | $0 | $0 |
| CHRIS JONES | Director Trustee or director | 0.25 | $0 | $0 |
| ADAM DAURIO | Director Trustee or director | 0.25 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MEGAN HUNT | Director Trustee or director | 0.25 | $0 |
| KRISTY STARNES | Director Trustee or director | 0.25 | $0 |
| JULIE MARWEG | Director Trustee or director | 0.25 | $0 |
| DEAN BOGART | Director Trustee or director | 0.25 | $0 |
| LAINA BANKS | Director Officer | 0.25 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE LYNN | Executive Dir. Officer | 40 | $165,000 |
| MAGGIE BELLVILLE | Director Trustee or director | 1 | $0 |
| JANET GUNN | IMM PAST PRES Trustee or director, Officer | 1 | $0 |
| CHARLES CANNIZZARO | President Trustee or director, Officer | 1 | $0 |
| KEVIN DUKES | PRESIDENT-ELECT Trustee or director, Officer | 1 | $0 |
| PHIL HARRIS | Vice President Trustee or director, Officer | 1 | $0 |
| MICHAEL TIDWELL | VP/TREASURER Trustee or director, Officer | 1 | $0 |
| LORI BUCHOLZ | Director Trustee or director | 1 | $0 |
| RICHARD CARR | Director Trustee or director | 1 | $0 |
| DENTON DEBUHR | Director Trustee or director | 1 | $0 |
| STACEY ROBERSON | Director Trustee or director | 1 | $0 |
| CHRIS JONES | Director Trustee or director | 1 | $0 |
| KELLY MCDOWALL | Director Trustee or director | 1 | $0 |
| CODY PARRISH | Director Trustee or director | 1 | $0 |
| KRISTY STARNES | Director Trustee or director | 1 | $0 |
| CARLA WENNBERG | Director Trustee or director | 1 | $0 |
| DEAN BOGART | Director Trustee or director | 1 | $0 |
| MIKE HACHTEL | Director Trustee or director | 1 | $0 |
| LAINA BANKS | Director Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 120 MESA ST, WEATHERFORD, TX 76086-4671
- Principal officer (990 for 2024)
- STEPHANIE LYNN, 120 Mesa Street, Weatherford, TX 76086
- Signed the 990
- KEVIN DUKES, President
- Phone
- (847) 623-6722
- Website
- WWW.NSBA.COM
- Return prepared by
- Sutton Frost Cary LLP
Mission
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.
Program accomplishments
- 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.
- Breeders Championship Futurity - a comprehensive program designed to appeal to breeders, owners, trainers, and exhibitors alike by offering a full slate of classes and paybacks available only to offspring of participating stallions. BCF eligible offspring compete for an annual purse of over $300,000 in offered classes from yearlings through six-years old. BCF nominated horses are also allowed to participate in the NSBAs BCF Yearling Sale held each year in conjunction with the NSBA World Championship Show and Breeders Championship Futurity.
- Incentive Fund - a breeders program that encourages participation by offering enrolled horses a cash dividend for NSBA points earned in Open and Amateur Dual Approved and Special Event classes throughout the year.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1571998
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,632,526
- Income (IRS master file)
- $7,941,734
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,347,856 | $7,156,066 | $6,370,337 | XML |
| 990 | December 2023 | $7,467,896 | $7,136,942 | $6,238,278 | XML |
| 990 | December 2022 | $6,575,627 | $6,098,657 | $5,863,990 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 58-1571998).
Questions about NATIONAL SNAFFLE BIT ASSOCIATION INC
- What is the EIN of NATIONAL SNAFFLE BIT ASSOCIATION INC?
- The employer identification number (EIN) of NATIONAL SNAFFLE BIT ASSOCIATION INC is 58-1571998.
- Is NATIONAL SNAFFLE BIT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1985.
- Are donations to NATIONAL SNAFFLE BIT ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NATIONAL SNAFFLE BIT 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 NATIONAL SNAFFLE BIT ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL SNAFFLE BIT ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NATIONAL SNAFFLE BIT ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names STEPHANIE LYNN.
- Who are the officers and directors of NATIONAL SNAFFLE BIT ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 20 people; 3 received compensation from the organization, the highest $171,002 (STEPHANIE LYNN, Executive Dir.).
- How much revenue does NATIONAL SNAFFLE BIT ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,347,856, expenses of $7,156,066 and total assets of $6,370,337 at year end.
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