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Nonprofit · EIN 71-0976809

PALO DURO CUTTING HORSE ASSOCIATION

Tax-exempt · TEXLINE, TX 79087

Financials

$441K$425K2023$600K$565K2024$583K$558K2025
Revenue Expenses · by fiscal year end
Financials of PALO DURO CUTTING HORSE ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$582,547$557,558$24,989$182,287$0$182,287
December 31, 2024990$600,162$565,206$34,956$157,818$0$157,818
December 31, 2023990$440,753$424,836$15,917$123,589$0$123,589
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$39,246
of which government grants
$35,846
Membership dues
$3,400
Program service revenue
$542,310
Investment income
$991
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$5,200
Program services (functional)
$557,558

Balance sheet and other

Total assets, start of year
$157,298
Total assets, end of year
$182,287
Total liabilities, end of year
$0
Net assets, end of year
$182,287
Net assets without donor restrictions
$182,287
Gross receipts
$582,547
Employees
0
Year formed
2008
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Ralph Depewex officio
Trustee or director, Officer
0$0
Sherryl ByarsVice President
Trustee or director, Officer
2$0
Cheryl CallisSecretary
Trustee or director, Officer
2$0
Toby LeblancDirector
Trustee or director
2$0
Jo BarclayDirector
Trustee or director
2$0
Zeb CorvinDirector
Trustee or director
2$0
Leslie GraorDirector
Trustee or director
2$0
Jim CogdellDirector
Trustee or director
2$0
Colton CogdellDirector
Trustee or director
2$0
Leslie GraorDirector
Trustee or director
2$0
Abraham CalvilloPresident
Trustee or director, Officer
2$0
Roxanne BanksDirector
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
Toby LeblancDirector
Trustee or director
2$0
Jo BarclayDirector
Trustee or director
2$0
Zeb CorvinDirector
Trustee or director
2$0
Leslie GraorDirector
Trustee or director
2$0
Jim CogdellDirector
Trustee or director
2$0
Colton CogdellDirector
Trustee or director
2$0
Leslie GraorDirector
Trustee or director
2$0
Roxanne BanksDirector
Trustee or director
1$0
Ralph Depewex officio
Trustee or director, Officer
0$0
Sherryl ByarsVice President
Trustee or director, Officer
2$0
Cheryl CallisSecretary
Officer
2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Leslie GraorDirector
Trustee or director
2$0
Dick CogdellDirector
Trustee or director
2$0
Jim CogdellDirector
Trustee or director
2$0
Leslie GraorDirector
Trustee or director
2$0
Carson PearsonDirector
Trustee or director
2$0
Sheryl ByarsDirector
Trustee or director
2$0
Jo BarclayDirector
Trustee or director
2$0
Jeff DeckerVice President
Trustee or director, Officer
2$0
Ralph DepewPresident
Trustee or director, Officer
0$0
Cheryl CallisSecretary
Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 68, TEXLINE, TX 79087-0068
In care of
% CHERYL CALLIS
Principal officer (990 for 2025)
Abraham Calvillo, PO Box 68, Texline, TX 79087
Signed the 990
CHERYL CALLIS, Secretary
Phone
(806) 683-2683
Return prepared by
Elizabeth A Sullivan PLLC

Mission

To promote cutting as a sport and to encourage companies and groups to become involved in breeding, raising, training and exhibiting cutiing horses. The cutting horse contest gives the public an understanding and appreciation of livestock and ranching operations and traditions.

990 for the year ended December 31, 2025

Program accomplishments

  • To promote cutting as a sport and to encourage individuals , companies to become involved in the sport and to have more appreciation for the horse and the tradions of ranching.
    Expenses $557,558

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
71-0976809
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Animal-related (D61)
Assets (IRS master file)
$182,287
Income (IRS master file)
$582,547

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$582,547$557,558$182,287XML
990December 2024$600,162$565,206$157,818XML
990December 2023$440,753$424,836$123,589XML
990December 2022$417,856$392,912$107,672IRS
990December 2021–––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 71-0976809).

Questions about PALO DURO CUTTING HORSE ASSOCIATION

What is the EIN of PALO DURO CUTTING HORSE ASSOCIATION?
The employer identification number (EIN) of PALO DURO CUTTING HORSE ASSOCIATION is 71-0976809.
Is PALO DURO CUTTING HORSE ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 2010.
Are donations to PALO DURO CUTTING HORSE ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PALO DURO CUTTING HORSE ASSOCIATION 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 PALO DURO CUTTING HORSE ASSOCIATION 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 PALO DURO CUTTING HORSE ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PALO DURO CUTTING HORSE ASSOCIATION?
The 990 for the year ended December 31, 2025 names Abraham Calvillo.
Who are the officers and directors of PALO DURO CUTTING HORSE ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does PALO DURO CUTTING HORSE ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $582,547, expenses of $557,558 and total assets of $182,287 at year end.

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