Nonprofit · EIN 61-1182397
AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC
Tax-exempt · LEXINGTON, KY 40511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $2,542,385 | $2,588,752 | -$46,367 | $2,525,057 | $282,484 | $2,242,573 |
| December 31, 2023 | 990 (amended) | $2,312,761 | $2,382,421 | -$69,660 | $2,789,453 | $540,673 | $2,248,780 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $648,896
- Program service revenue
- $1,779,561
- Investment income
- $113,034
- Net rental income
- $894
- Net gain from sales of assets
- $68,294
- Other revenue
- $894
Expenses
- Grants and similar amounts paid
- $28,819
- Compensation of officers, directors and key employees
- $167,435
- Other salaries and wages
- $529,119
- Salaries, compensation and benefits (total)
- $863,245
- Professional fundraising fees
- $0
- Legal fees
- $53,553
- Accounting fees
- $19,666
- Occupancy
- $37,617
- Travel
- $15,295
- Depreciation
- $47,256
- Program services (functional)
- $2,207,360
- Management and general (functional)
- $242,358
- Fundraising (functional)
- $139,034
Balance sheet and other
- Total assets, start of year
- $2,721,216
- Total assets, end of year
- $2,525,057
- Total liabilities, end of year
- $282,484
- Net assets, end of year
- $2,242,573
- Land, buildings and equipment
- $471,555
- Publicly traded securities
- $1,446,535
- Net assets without donor restrictions
- $1,350,063
- Net assets with donor restrictions
- $892,510
- Gross receipts
- $2,809,924
- Employees
- 13
- Volunteers
- 126
- Year formed
- 1990
- State of legal domicile
- KY
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 |
|---|---|---|---|---|
| DAVID MOUNT | EXECUTIVE DIRECTOR Officer | 40 | $132,035 | $23,987 |
| RACHEL SEIFERT | BOARD TREASURER Trustee or director, Officer | 1 | $11,413 | $0 |
| ALLEN BOSWORTH | BOARD PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS SCHUBERT | BOARD VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CLIF PAULSEN | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KRISTEN BAGDASARIAN | BOARD REGISTRY CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANNA MARIE KNIPP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTY PARKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES NICHOLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER DIXON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOAN TODD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE O'BRIEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE BEHRENDS-JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIETTE DELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARRY HARTSOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SMITH LILLY | DIRECTOR Trustee or director | 1 | $0 |
| MALISSA WELKE | DIRECTOR Trustee or director | 1 | $0 |
| JOHN SCHEIDT | DIRECTOR Trustee or director | 1 | $0 |
| DIANE HAUSLEIN | DIRECTOR Trustee or director | 1 | $0 |
| SANDRA CURRIER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID MOUNT | EXECUTIVE DIRECTOR Officer | 40 | $136,253 |
| ALLEN BOSWORTH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOAN TODD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RACHEL SEIFERT | TREASURER Trustee or director, Officer | 1 | $0 |
| CHRIS SCHUBERT | DIRECTOR Trustee or director, Officer | 1 | $0 |
| KRISTEN BAGDASARIAN | DIRECTOR Trustee or director | 1 | $0 |
| JULIE BEHRENDS-JONES | DIRECTOR Trustee or director | 1 | $0 |
| JIM CHERRY | DIRECTOR Trustee or director | 1 | $0 |
| RICK CURL | DIRECTOR Trustee or director | 1 | $0 |
| JULIETTE DELL | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER DIXON | DIRECTOR Trustee or director | 1 | $0 |
| LARRY HARTSTOCK | DIRECTOR Trustee or director | 1 | $0 |
| ANNA MARIE KNIPP | DIRECTOR Trustee or director | 1 | $0 |
| SMITH LILLY | DIRECTOR Trustee or director | 1 | $0 |
| JAMES NICHOLS | DIRECTOR Trustee or director | 1 | $0 |
| JOE O'BRIEN | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY PARKER | DIRECTOR Trustee or director | 1 | $0 |
| CLIF PAULSEN | SECRETARY Trustee or director | 1 | $0 |
| KIM SKIPTON | DIRECTOR Trustee or director | 1 | $0 |
| MELISSA WELKE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4083 WING COMMANDER WAY STE 50, LEXINGTON, KY 40511-8202
- Principal officer (990 for 2024)
- DAVID MOUNT, 4083 WING COMMANDER WAY STE 50, LEXINGTON, KY 40511
- Signed the 990
- ALLEN BOSWORTH, PRESIDENT
- Phone
- (859) 259-2742
- Website
- WWW.SADDLEBRED.COM
- Return prepared by
- LBMC PC
Mission
THE MISSION OF THE AMERICAN SADDLEBRED HORSE ASSOCIATION IS TO PROMOTE, IMPROVE AND PROTECT THE GRACE, INTELLIGENCE AND VERSATILITY OF THE AMERICAN SADDLEBRED, AND TO PROVIDE PROGRAMS AND SERVICES SUPPORTING OUR MEMBERS, WHILE FOSTERING PUBLIC AWARENESS OF THE BREED.
Program accomplishments
- THE ORGANIZATION SHALL HAVE THE PURPOSES OF SAFEGUARDING THE INTEGRITY, AND EXPANDING THE KNOWLEDGE OF THE AMERICAN SADDLEBRED; EDUCATION OF THE GENERAL PUBLIC IN THE EXHIBITING, USE AND HISTORY OF AMERICAN SADDLEBRED HORSES AND IMPROVEMENT OF THE BREED; PROMOTING THE HUMANE TREATMENT OF AMERICAN SADDLEBRED HORSES; STIMULATING AND PROMOTING INTEREST IN ALL MATTERS PERTAINING TO THE HISTORY, BREEDING, EXHIBITING AND IMPROVEMENT OF THE BREED; ENCOURAGING SAFE EQUESTRIAN ACTIVITIES; EDUCATING YOUTH WITH RESPECT TO SAFE AND PROPER HORSEMANSHIP AND THE SHOWING OF HORSES BY PROMOTING THE FORMATION OF YOUTH ASSOCIATIONS AND THE DISSEMINATION OF EDUCATION MATERIALS; AND AWARDING SCHOLARSHIPS TO PARTICIPANTS IN YOUTH HORSE PROGRAMS.Expenses $1,066,058 · grants $28,819 · revenue $1,275,402
- REGISTER AMERICAN SADDLEBRED HORSES, MAINTAIN ARCHIVE OF REGISTERED RULES AND REGULATIONS FOR PARTICIPANTS AND BREED ISSUES. GUARD PURITY OF THE BREED AND DEVELOP HIGH STANDARDS FOR THE BREEDING OF THE AMERICAN SADDLEBRED. REGULATE ALL MATTERS PERTAINING TO THE BREEDING AND IMPROVEMENT OF THE AMERICAN SADDLEBRED BREED.Expenses $1,141,302 · revenue $504,159
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1182397
- 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
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Animal-related (D030)
- Assets (IRS master file)
- $2,525,057
- Income (IRS master file)
- $2,809,924
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,542,385 | $2,588,752 | $2,525,057 | XML |
| 990 | December 2023 | $2,312,761 | $2,382,421 | $2,789,453 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $2,335,299 | $2,190,766 | $2,872,688 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 61-1182397).
Questions about AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC
- What is the EIN of AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC?
- The employer identification number (EIN) of AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC is 61-1182397.
- Is AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN SADDLEBRED HORSE AND 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 AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN SADDLEBRED HORSE AND BREEDERS 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 AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names DAVID MOUNT.
- Who are the officers and directors of AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 20 people; 2 received compensation from the organization, the highest $132,035 (DAVID MOUNT, EXECUTIVE DIRECTOR).
- How much revenue does AMERICAN SADDLEBRED HORSE AND BREEDERS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,542,385, expenses of $2,588,752 and total assets of $2,525,057 at year end.
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