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Nonprofit · EIN 74-2638930

TEXAS QUARTER HORSE ASSOCIATION FOUNDATION

Tax-exempt (reinstated) · ELGIN, TX 78621

Financials

$133K$19K2023$36K$18K2024
Revenue Expenses · by fiscal year end
Financials of TEXAS QUARTER HORSE ASSOCIATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$35,736$17,554$18,182$341,175$0$341,175
December 31, 2023990-EZ$132,626$18,502$114,124$318,247$0$318,247
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$20,935
Other revenue
$14,801

Expenses

Grants and similar amounts paid
$15,834
Compensation of officers, directors and key employees
$0
Other expenses
$1,720
Program services (functional)
$15,834

Balance sheet and other

Total assets, start of year
$318,247
Total assets, end of year
$341,175
Total liabilities, end of year
$0
Net assets, end of year
$341,175
Cash, savings and investments
$9,512
Gross receipts
$35,736

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MELBA RIEDELPRESIDENT1$0
NANCY CAHILLVICE-PRESIDENT1$0
LAINA BANKSSECRETARY1$0
JOLEEN MODENTREASURER1$0
STEPHEN STEPHENSDIRECTOR1$0
KAY HELZERDIRECTOR1$0
MARK RIGBYDIRECTOR1$0
PETE SCARMARDODIRECTOR1$0
ROBERT WERSTLEREXECUTIVE DIRECTOR1$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
MELBA RIEDELPRESIDENT1$0
NANCY CAHILLVICE-PRESIDENT1$0
LAINA BANKSSECRETARY1$0
JOLEEN MODENTREASURER1$0
STEPHEN STEPHENSDIRECTOR1$0
KAY HELZERDIRECTOR1$0
MARK RIGBYDIRECTOR1$0
PETE SCARMARDODIRECTOR1$0
ROBERT WERSTLEREXECUTIVE DIRECTOR1$0

Address and contacts

Address (IRS master file)
14 N MAIN ST STE B, ELGIN, TX 78621-2664
In care of
% VAL CLARK
Mailing address (990-N for 2021)
14 N MAIN ST STE B, ELGIN TX 78621
Principal officer (990-N for 2021)
ROBERT WERSTLER, 14 N MAIN ST STE B, ELGIN TX 78621
Signed the 990-EZ
ROBERT WERSTLER, EXECUTIVE DIRECTOR
Phone
(512) 458-5202
Return prepared by
ATCHLEY & ASSOCIATES LLP

Mission

PROMOTE YOUTH HIGHER EDUCATION

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROMOTE YOUTH HIGHER EDUCATION
    Expenses $15,834 · grants $15,834

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
74-2638930
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$341,175
Income (IRS master file)
$35,736

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
June 9, 2011
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$35,736$17,554$341,175XML
990-EZDecember 2023$132,626$18,502$318,247XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: ROBERT WERSTLER
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: VAL CLARK
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: VAL CLARK
December 31, 2019≤ $50,000 receipts––e-Postcard

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 74-2638930).

Questions about TEXAS QUARTER HORSE ASSOCIATION FOUNDATION

What is the EIN of TEXAS QUARTER HORSE ASSOCIATION FOUNDATION?
The employer identification number (EIN) of TEXAS QUARTER HORSE ASSOCIATION FOUNDATION is 74-2638930.
Is TEXAS QUARTER HORSE ASSOCIATION FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to TEXAS QUARTER HORSE ASSOCIATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXAS QUARTER HORSE ASSOCIATION FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of TEXAS QUARTER HORSE ASSOCIATION FOUNDATION 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 TEXAS QUARTER HORSE ASSOCIATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of TEXAS QUARTER HORSE ASSOCIATION FOUNDATION?
The 990-N for 2021 names ROBERT WERSTLER.
Who are the officers and directors of TEXAS QUARTER HORSE ASSOCIATION FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does TEXAS QUARTER HORSE ASSOCIATION FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $35,736, expenses of $17,554 and total assets of $341,175 at year end.

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