Nonprofit · EIN 75-1830348
WEST TEXAS CUTTING HORSE ASSOCIATION
Tax-exempt · AMARILLO, TX 79108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,699,807 | $1,591,153 | $108,654 | $324,144 | $0 | $324,144 |
| December 31, 2023 | 990 | $1,218,005 | $1,271,500 | -$53,495 | $215,490 | $0 | $215,490 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,693,975
- Investment income
- $5,832
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $35,000
- Salaries, compensation and benefits (total)
- $35,000
- Professional fundraising fees
- $0
- Occupancy
- $124,665
- Travel
- $19,882
- Program services (functional)
- $1,591,153
Balance sheet and other
- Total assets, start of year
- $215,490
- Total assets, end of year
- $324,144
- Total liabilities, end of year
- $0
- Net assets, end of year
- $324,144
- Publicly traded securities
- $105,309
- Gross receipts
- $1,699,807
- Employees
- 0
- Year formed
- 1986
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHERYL CALLIS | SECRETARY Trustee or director, Officer | 1 | $20,000 |
| CHERYL DANIEL | TREASURER Trustee or director, Officer | 1 | $15,000 |
| SKIP JONES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ELAINE JONES | DIRECTOR Trustee or director | 1 | $0 |
| RALPH DEPEW | DIRECTOR Trustee or director | 1 | $0 |
| PENNY COGDELL | DIRECTOR Trustee or director | 1 | $0 |
| ALVIN FULTS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHERYL CALLIS | SECRETARY Trustee or director, Officer | 1 | $20,000 |
| CHERYL DANIEL | TREASURER Trustee or director, Officer | 1 | $14,000 |
| ELAINE JONES | DIRECTOR Trustee or director | 1 | $2,500 |
| SKIP JONES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| RALPH DEPEW | DIRECTOR Trustee or director | 1 | $0 |
| PENNY COGDELL | DIRECTOR Trustee or director | 1 | $0 |
| ALVIN FULTS | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3200 E WILLOW CREEK DR, AMARILLO, TX 79108-3804
- Principal officer (990 for 2024)
- SKIP JONES, 10101 S WASHINGTON, AMARILLO, TX 79118
- Signed the 990
- CHERYL DANIEL, TREASURER
- Phone
- (806) 676-1721
- Website
- WESTTEXASFUTURITY.COM
- Return prepared by
- JOHNSON & SHELDON PLLC
Mission
AGRICULTURAL ASSOCIATION FOR THE DEVELOPMENT OF PUBLIC INTEREST IN RANCHING AND WESTERN HERITAGE THROUGH MAINTENANCE OF CUTTING HORSE CONTESTS.
Program accomplishments
- CUTTING HORSE CONTESTExpenses $1,591,153 · revenue $1,693,975
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
- 75-1830348
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $324,144
- Income (IRS master file)
- $1,699,807
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,699,807 | $1,591,153 | $324,144 | IRS |
| 990 | December 2023 | $1,218,005 | $1,271,500 | $215,490 | XML |
| 990 | December 2022 | $1,265,125 | $1,313,179 | $268,985 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 75-1830348).
Questions about WEST TEXAS CUTTING HORSE ASSOCIATION
- What is the EIN of WEST TEXAS CUTTING HORSE ASSOCIATION?
- The employer identification number (EIN) of WEST TEXAS CUTTING HORSE ASSOCIATION is 75-1830348.
- Is WEST TEXAS CUTTING HORSE ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1986.
- Are donations to WEST TEXAS CUTTING HORSE ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WEST TEXAS 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 WEST TEXAS CUTTING HORSE ASSOCIATION 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 WEST TEXAS CUTTING HORSE ASSOCIATION 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 WEST TEXAS CUTTING HORSE ASSOCIATION?
- The 990 for the year ended December 31, 2024 names SKIP JONES.
- Who are the officers and directors of WEST TEXAS CUTTING HORSE ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $20,000 (CHERYL CALLIS, SECRETARY).
- How much revenue does WEST TEXAS CUTTING HORSE ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,699,807, expenses of $1,591,153 and total assets of $324,144 at year end.
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