Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2010
Open to Public Inspection
A For the calendar year, or tax year beginning 10-01-2010 and ending 09-30-2011
BCheck if applicable:
CName of organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
PO BOX 200
 
Room/suite
City or town, state or country, and ZIP + 4
AMARILLO, TX791680001
D Employer identification number

75-0725576
E Telephone number

G Gross receipts $ 64,871,223
F Name and address of principal officer:
DONALD TREADWAY JR
1600 QUARTER HORSE DR
AMARILLO,TX79104
I
Tax-exempt status: ( 5 ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.AQHA.COM
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1940
M State of legal domicile: TX
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: TO COLLECT, PRESERVE, AND MAINTAIN RECORDS OF THE AMERICAN QUARTER HORSE. CONTINUED ON SCH O. TO PROMOTE EDUCATION RELATIVE TO THE BREED, AND TO PUBLISH "THE AMERICAN QUARTER HORSE JOURNAL", "CUARTO DE MILLA", AND "AMERICA'S HORSE".
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) .... 3 262
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 256
5 Total number of individuals employed in calendar year 2010 (Part V, line 2a) ... 5 344
6 Total number of volunteers (estimate if necessary) .... 6 750
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 5,177,320
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b -613
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 8,170,351 7,658,730
9 Program service revenue (Part VIII, line 2g) ......... 40,630,438 40,113,066
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 1,788,248 2,912,420
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 1,284,274 108,214
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 51,873,311 50,792,430
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 9,263,069 9,179,526
14 Benefits paid to or for members (Part IX, column (A), line 4) .... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 15,874,397 21,042,131
16a Professional fundraising fees (Part IX, column (A), line 11e).... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 27,094,438 26,495,560
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 52,231,904 56,717,217
19 Revenue less expenses. Subtract line 18 from line 12...... -358,593 -5,924,787
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............ 66,338,614 56,647,671
21 Total liabilities (Part X, line 26)............ 41,608,722 40,610,760
22 Net assets or fund balances. Subtract line 21 from line 20 ..... 24,729,892 16,036,911
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid Preparer's Use Only Preparer's
signatureBig Right Arrow 		Date
right pointing bullet image Preparer’s taxpayer identification number
(see instructions)
Firm’s name (or yours
if self-employed),
address, and ZIP + 4Big Right Arrow




 		EIN right pointing bullet image
Phone no. right pointing bullet image
May the IRS discuss this return with the preparer shown above? (see instructions) .........
For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2010)
Form 990 (2010)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .
1
Briefly describe the organization’s mission: TO COLLECT, PRESERVE, AND MAINTAIN RECORDS OF THE AMERICAN QUARTER HORSE. TO PROMOTE EDUCATION RELATIVE TO THE BREED, AND TO PUBLISH "THE AMERICAN QUARTER HORSE JOURNAL", "AMERICA'S HORSE", AND "CUARTO DE MILLA".
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
TO COLLECT, PRESERVE, AND MAINTAIN RECORDS ON THE PEDIGREES OF THE AMERICAN QUARTER HORSE AND PROMOTE EDUCATION RELATING TO THE BREED. AS OF 9/30/11, THE ASSOCIATION HAD 289,540 MEMBERS AND IS MAINTAINING 6,081,366 REGISTRATIONS.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
PUBLICATION OF "THE AMERICAN QUARTER HORSE JOURNAL", "AMERICA'S HORSE", AND "CUARTO DE MILLA" TOTAL CIRCULATION OF THESE PUBLICATIONS AS OF 9/30/11 WAS 289,210.
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services. (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet$  
Form 990 (2010)
Form 990 (2010)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule A.....................
1
 
No
2
Is the organization required to complete Schedule B, Schedule of Contributors? ........
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II.........................
4
 
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part IClick to see attachment.......................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
 
No
10
Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
 
No
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II.. Click to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III.. Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II..........
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
Form 990 (2010)
Form 990 (2010)
Page 4
Part IV
Checklist of Required Schedules (continued)
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....
20b
 
 
21
Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment
22
Yes
 
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
 
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
 
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
 
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II........................... Click to see attachment
26
Yes
 
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III............... Click to see attachment
27
Yes
 
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV ......................... Click to see attachment
28a
Yes
 
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV................... Click to see attachment
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV.. Click to see attachment
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35
Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....
35
 
No
a
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2...........
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2010)
Form 990 (2010)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
9,095
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
344
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
 
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
 
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2010)
Form 990 (2010)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year ..............
1a
262
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
256
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Does the organization have members or stockholders? ................
6
Yes
 
7a
Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................
7a
Yes
 
b
Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Does the organization have local chapters, branches, or affiliates? ............
10a
Yes
 
b
If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....
10b
Yes
 
11a
Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Does the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................
12b
Yes
 
c
Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................
12c
Yes
 
13
Does the organization have a written whistleblower policy? ...............
13
Yes
 
14
Does the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
DON TREADWAY JR
1600 QUARTER HORSE DRIVE
AMARILLO,TX79104
(806) 376-4811
Form 990 (2010)
Form 990 (2010)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) ADRIANA BARNOLA
DIRECTOR
 3.00 X           0 0 0
(2) AL DUNNING
DIRECTOR AT LARGE
 1.00 X           0 0 0
(3) ALICE HOLMES
DIRECTOR
 1.00 X           0 0 0
(4) ALVARO MARTINICORENA
INTERNATIONAL DISTRICT DIRECTORS
 1.00 X           0 0 0
(5) ANDREW DREN
INTERNATIONAL DISTRICT DIRECTORS
 1.00 X           0 0 0
(6) ANDY MOORMAN
DIRECTOR
 1.00 X           0 0 0
(7) ANDY REES
HONORARY VICE PRESIDENT
 1.00 X           0 0 0
(8) ANGELO BIZZARRO
DIRECTOR
 1.00 X           0 0 0
(9) ANNA RIGGS-EADER
DIRECTOR
 1.00 X           0 0 0
(10) ANNE BRZEZICKI
DIRECTOR
 4.00 X           0 0 0
(11) ANTONIO GIRAUDINI
DIRECTOR
 1.00 X           0 0 0
(12) BEN HUDSON
DIRECTOR AT LARGE
 5.00 X           0 0 0
(13) BENNIE SARGENT
DIRECTOR
 5.00 X           2,100 0 0
(14) BILL HOBURG
DIRECTOR
 1.00 X           0 0 0
(15) BILL REED
PAST PRESIDENT
 1.00 X           0 0 0
(16) BILLIE BREWER
PRIOR EXECUTIVE VP
 5.00 X   X       169,658 0 6,560
(17) BOB MOORHOUSE
DIRECTOR AT LARGE
 1.00 X           0 0 0
Form 990 (2010)
Form 990 (2010)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) BRAD TATE
PAST PRESIDENT
 1.00 X           0 0 0
(19) BUTCH HAMMER
DIRECTOR
 20.00 X           0 0 0
(20) C DAVID FLOHR
DIRECTOR
 5.00 X           0 0 0
(21) CA COFER
DIRECTOR EMERITUS
 1.00 X           0 0 0
(22) CAL BRANDT
DIRECTOR
 1.00 X           0 0 0
(23) CAROL BRADLEY
DIRECTOR
 1.00 X           0 0 0
(24) CAROL ROSE
DIRECTOR AT LARGE
 3.00 X           0 0 0
(25) CAROL WHITTAKER
DIRECTOR
 2.00 X           0 0 0
(26) CATHY HANSON
DIRECTOR
 2.00 X           0 0 0
(27) CHARLES CROWE DVM
DIRECTOR
 2.00 X           0 0 0
(28) CHARLES GRAHAM DVM
DIRECTOR AT LARGE
 1.00 X           0 0 0
(29) CHARLES MENKER
HONORARY VICE PRESIDENT
 1.00 X           0 0 0
(30) CHRIS HARDCASTLE
DIRECTOR
 3.00 X           0 0 0
(31) CHRISTA BALDWIN
DIRECTOR
 2.00 X           0 0 0
(32) CHRISTIAN BEAUCHEMIN
DIRECTOR
 5.00 X           0 0 0
(33) CLARENCE SCHARBAUER
PAST PRESIDENT
 1.00 X           0 0 0
(34) CLARK BRADLEY
DIRECTOR EMERITUS
 1.00 X           0 0 0
(35) CLAY MACLEOD
DIRECTOR
 2.00 X           0 0 0
(36) CLAYTON RUSSELL
DIRECTOR
 1.00 X           0 0 0
(37) CLIFF KELLMER
DIRECTOR
 1.00 X           0 0 0
(38) CW ENGLUND
PAST PRESIDENT
 1.00 X           0 0 0
(39) D JOE SMITH
DIRECTOR AT LARGE
 3.00 X           0 0 0
(40) DAN TREIN
DIRECTOR
 2.00 X           0 0 0
(41) DAVID L NELSON
DIRECTOR
 2.00 X           0 0 0
(42) DAVID S NELSON
DIRECTOR AT LARGE
 1.00 X           0 0 0
(43) DAVID WHITAKER
DIRECTOR AT LARGE
 2.00 X           0 0 0
(44) DEAN ROSS
DIRECTOR
 1.00 X           0 0 0
(45) DEBBY BREHM
DIRECTOR
 2.00 X           0 0 0
(46) DEE MCGRANE
HONORARY VICE PRESIDENT
 1.00 X           0 0 0
(47) DENNY HASSETT
DIRECTOR
 2.00 X           0 0 0
(48) DIRK JONES
DIRECTOR AT LARGE
 2.00 X           0 0 0
(49) DON BELL
DIRECTOR
 1.00 X           7,000 0 0
(50) DON BURT
PAST PRESIDENT
 1.00 X           0 0 0
(51) DONALD TOPLIFF
DIRECTOR
 5.00 X           1,700 0 0
(52) DORN PARKINSON
DIRECTOR
 2.00 X           0 0 0
(53) DORVAN SOLBERG
DIRECTOR EMERITUS
 1.00 X           0 0 0
(54) DOUGLAS BROWN
DIRECTOR
 2.00 X           0 0 0
(55) DR CALVIN WHITE
DIRECTOR
 1.00 X           0 0 0
(56) DR CAROLE GABOURY
DIRECTOR AT LARGE
 1.00 X           0 0 0
(57) DR DICKSON VARNER
DIRECTOR
 1.00 X           0 0 0
(58) DR MICHAEL MARTIN
DIRECTOR
 1.00 X           0 0 0
(59) DR RM CHRISTENSEN
DIRECTOR AT LARGE
 1.00 X           0 0 0
(60) DR ROLAND WOHLIN
DIRECTOR
 1.00 X           0 0 0
(61) DR SCOTT MYERS
DIRECTOR
 1.00 X           0 0 0
(62) DR TOMMY HAYS
DIRECTOR
 1.00 X           0 0 0
(63) DUANE MCDAVITT DVM
HONORARY VICE PRESIDENT
 1.00 X           0 0 0
(64) DUANE WALKER
DIRECTOR AT LARGE
 2.00 X           0 0 0
(65) DUAYNE DIDERICKSEN
DIRECTOR AT LARGE
 8.00 X           0 0 0
(66) EARL LILLEY
DIRECTOR EMERITUS
 1.00 X           0 0 0
(67) ED MURRAY DVM
DIRECTOR AT LARGE
 1.00 X           0 0 0
(68) EDWARD MCNELIS
DIRECTOR
 10.00 X           0 0 0
(69) EDWARD SQUIRES
HONORARY VICE PRESIDENT
 2.00 X           0 0 0
(70) EF ALDERSON
HONORARY VICE PRESIDENT
 1.00 X           0 0 0
(71) FLOYD WISE
DIRECTOR
 10.00 X           0 0 0
(72) FRANK HOWELL
PAST PRESIDENT
 1.00 X           0 0 0
(73) FRANK MERRILL
PAST PRESIDENT
 4.00 X           0 0 0
(74) FRITZ LEEMAN
DIRECTOR AT LARGE
 1.00 X           0 0 0
(75) GALE LITTLE
DIRECTOR
 4.00 X           0 0 0
(76) GARY OLSON
DIRECTOR
 2.00 X           0 0 0
(77) GENE GRAVES
DIRECTOR EMERITUS
 20.00 X   X       0 0 0
(78) GENE PARKER
DIRECTOR AT LARGE
 1.00 X           0 0 0
(79) GEORGA SUTTON
DIRECTOR
 1.00 X           0 0 0
(80) GEORGE PHILLIPS
DIRECTOR
 16.00 X   X       0 0 0
(81) GEORGIANNA RENOUARD
DIRECTOR
 5.00 X           0 0 0
(82) GIL SWITZER
DIRECTOR AT LARGE
 1.00 X           0 0 0
(83) GINGER HYLAND
PAST PRESIDENT
 1.00 X           0 0 0
(84) GLEN GABEL
DIRECTOR AT LARGE
 2.00 X           0 0 0
(85) GLENN BLODGETT
DIRECTOR AT LARGE
 1.00 X           0 0 0
(86) GLORIA ENGER
DIRECTOR EMERITUS
 3.00 X           0 0 0
(87) GRETCHEN MATHES
DIRECTOR
 2.00 X           0 0 0
(88) GUNNAR OTNESS
HONORARY VICE PRESIDENT
 10.00 X           0 0 0
(89) GUS BARAKIS
DIRECTOR AT LARGE
 1.00 X           0 0 0
(90) HANS-JUERGEN FOESTER
INTERNATIONAL DISTRICT DIRECTORS
 1.00 X           0 0 0
(91) HARRY KNIGHT
DIRECTOR EMERITUS
 1.00 X           0 0 0
(92) HEATHER MAUCK
DIRECTOR
 1.00 X           0 0 0
(93) HOMER STUDE
DIRECTOR AT LARGE
 1.00 X           0 0 0
(94) HOWARD WEISS
PAST PRESIDENT
 1.00 X           0 0 0
(95) J WADE ELLERBROEK
DIRECTOR
 5.00 X           0 0 0
(96) J D YATES
DIRECTOR
 2.00 X           0 0 0
(97) JACKIE KRSHKA
DIRECTOR
 5.00 X           0 0 0
(98) JAMES BARTON
PAST PRESIDENT
 2.00 X           0 0 0
(99) JAMES ELLER
DIRECTOR
 1.00 X           0 0 0
(100) JAMES HEIRD
DIRECTOR
 5.00 X           1,000 0 0
(101) JAMES HELZER
PAST PRESIDENT
 1.00 X           0 0 0
(102) JAMES HOOTMAN
DIRECTOR
 1.00 X           0 0 0
(103) JAMES MITCHELL
DIRECTOR
 1.00 X           0 0 0
(104) JAMES RUDOLPH
DIRECTOR AT LARGE
 2.00 X           0 0 0
(105) JANET NEWTON
DIRECTOR AT LARGE
 2.00 X           0 0 0
(106) JEFF TEBOW
DIRECTOR
 1.00 X           0 0 0
(107) JEFF TERPSTRA
DIRECTOR
 1.00 X           0 0 0
(108) JERRY FULLER
DIRECTOR
 2.00 X           0 0 0
(109) JERRY MATTHEWS
DIRECTOR AT LARGE
 1.00 X           0 0 0
(110) JERRY WINDHAM
PAST PRESIDENT
 1.00 X           0 0 0
(111) JIM BRINKMAN
DIRECTOR
 2.00 X           0 0 0
(112) JIM PURDY
DIRECTOR
 5.00 X           0 0 0
(113) JIM SHOEMAKE
PAST PRESIDENT
 2.00 X           0 0 0
(114) JOAN SCHROEDER
DIRECTOR
 5.00 X           0 0 0
(115) JOE CARTER
DIRECTOR AT LARGE
 1.00 X           30,200 0 0
(116) JOE YOUNG
HONORARY VICE PRESIDENT
 1.00 X           0 0 0
(117) JOHANNES ORGELDINGER
PAST PRESIDENT
 4.00 X           0 0 0
(118) JOHN ANDREINI
DIRECTOR
 2.00 X           0 0 0
(119) JOHN BOBENRIETH
DIRECTOR
 1.00 X           0 0 0
(120) JOHN HAMMES
DIRECTOR
 1.00 X           0 0 0
(121) JOHN HARDY
DIRECTOR EMERITUS
 1.00 X           0 0 0
(122) JOHN HOVDE
DIRECTOR
 1.00 X           0 0 0
(123) JOHN KUNKLE
DIRECTOR
 2.00 X           0 0 0
(124) JOHN PIPKIN
DIRECTOR AT LARGE
 3.00 X           0 0 0
(125) JOHN SCHMAHL
DIRECTOR
 2.00 X           0 0 0
(126) JOHN SEDGWICK
DIRECTOR
 1.00 X           0 0 0
(127) JOHN SHAW
DIRECTOR AT LARGE
 1.00 X           0 0 0
(128) JOHN TAYLOR
INTERNATIONAL DISTRICT DIRECTORS
 8.00 X           0 0 0
(129) JOHNE DOBBS
DIRECTOR
 15.00 X   X       0 0 0
(130) JOHNNY TROTTER
DIRECTOR
 10.00 X   X       0 0 0
(131) JOSE MANGAS
DIRECTOR
 8.00 X           0 0 0
(132) JOSEPH MCALLISTER
DIRECTOR AT LARGE
 1.00 X           0 0 0
(133) JUDY COY-HORTON
DIRECTOR
 1.00 X           0 0 0
(134) KATE BAMFORD
DIRECTOR
 1.00 X           0 0 0
(135) KATE JOHNSON
DIRECTOR
 1.00 X           0 0 0
(136) KATHY PATTERSON
DIRECTOR
 2.00 X           0 0 0
(137) KELLY CHAPMAN
DIRECTOR
 3.00 X           0 0 0
(138) KELVIN CHILDERS
DIRECTOR
 1.00 X           0 0 0
(139) KEN COCHRANE
DIRECTOR EMERITUS
 1.00 X           0 0 0
(140) KEN MUMY
PAST PRESIDENT
 10.00 X           0 0 0
(141) KEN PAUTZKE
HONORARY VICE PRESIDENT
 2.00 X           0 0 0
(142) KENNETH BANKS
DIRECTOR AT LARGE
 3.00 X           0 0 0
(143) KENNETH SMITH
PAST PRESIDENT
 1.00 X           0 0 0
(144) LAINA BANKS
DIRECTOR
 15.00 X           0 0 0
(145) LANCE TREPTOW
DIRECTOR AT LARGE
 4.00 X           0 0 0
(146) LARRY CLIFFORD
DIRECTOR
 1.50 X           0 0 0
(147) LARRY LARSON
DIRECTOR
 1.00 X           0 0 0
(148) LAUREL CAPURRO-WACHTEL
DIRECTOR
 5.00 X           0 0 0
(149) LAUREL WALKER-DENTON
DIRECTOR AT LARGE
 1.00 X           0 0 0
(150) LAWRENCE LEMKE
DIRECTOR
 1.00 X           0 0 0
(151) LESLIE LANGE
HONORARY VICE PRESIDENT
 2.00 X           0 0 0
(152) LLOYD BENOIT
DIRECTOR
 1.00 X           0 0 0
(153) LLOYD YOTHER
DIRECTOR
 1.00 X           0 0 0
(154) LORI BUCHOLZ
DIRECTOR
 5.00 X           0 0 0
(155) LORI PFAFF
DIRECTOR
 1.00 X           0 0 0
(156) LUKE CASTLE
DIRECTOR
 2.00 X           0 0 0
(157) MARGO BALL
DIRECTOR
 2.00 X           0 0 0
(158) MARILYN RANDALL
DIRECTOR AT LARGE
 2.00 X           6,600 0 0
(159) MARK DUNHAM
DIRECTOR
 2.00 X           0 0 0
(160) MARKUS RENSING
DIRECTOR
 1.00 X           0 0 0
(161) MARNIE SOMERS
DIRECTOR AT LARGE
 1.00 X           0 0 0
(162) MARTEN CLARK
PAST PRESIDENT
 3.00 X           0 0 0
(163) MARTY SIMPER
DIRECTOR
 1.00 X           0 0 0
(164) MARY HANNAGAN
DIRECTOR
 1.00 X           0 0 0
(165) MATT WITMAN
DIRECTOR
 6.00 X           0 0 0
(166) MEERI SIMULA
INTERNATIONAL DISTRICT DIRECTORS
 1.00 X           0 0 0
(167) MELISSA DUKES
DIRECTOR
 1.00 X           0 0 0
(168) MEREDITH EDMONDSON
DIRECTOR EMERITUS
 2.00 X           0 0 0
(169) MICHAEL JENNINGS
DIRECTOR AT LARGE
 1.00 X           3,500 0 0
(170) MICHAEL MURPHY
DIRECTOR
 4.00 X           0 0 0
(171) MICHAEL SWAIN
DIRECTOR
 2.00 X           0 0 0
(172) MICHAELA KAYSER
DIRECTOR
 9.00 X           1,600 0 0
(173) MICHEL CLITES
DIRECTOR
 4.00 X           0 0 0
(174) MICHELE PFENDER
INTERNATIONAL DISTRICT DIRECTORS
 20.00 X           0 0 0
(175) MICHELLE FORNESS
DIRECTOR
 1.00 X           0 0 0
(176) MIKE PERKINS
PAST PRESIDENT
 1.00 X           0 0 0
(177) MILTON RIGETTI
DIRECTOR
 2.00 X           0 0 0
(178) MO BREEDING
HONORARY VICE PRESIDENT
 1.00 X           0 0 0
(179) NANCY CAHILL
DIRECTOR
 1.00 X           0 0 0
(180) NANCY MARTIN
DIRECTOR
 2.00 X           0 0 0
(181) NARCISO FLORES
DIRECTOR
 1.00 X           0 0 0
(182) NORMAN LUBA
DIRECTOR
 5.00 X           0 0 0
(183) PARIS WIXON
DIRECTOR
 4.00 X           0 0 0
(184) PATRICIA GALE PAWLEY-WILSON
DIRECTOR
 10.00 X           0 0 0
(185) PATTI COLBERT
DIRECTOR
 1.00 X           0 0 0
(186) PAUL BAILEY
DIRECTOR
 5.00 X           0 0 0
(187) PAUL LINDSEY
DIRECTOR AT LARGE
 4.00 X           0 0 0
(188) PAUL TREADWELL
DIRECTOR
 2.00 X           0 0 0
(189) PAULINE-STUART FOX
INTERNATIONAL DISTRICT DIRECTORS
 1.00 X           0 0 0
(190) PETE KYLE
DIRECTOR AT LARGE
 2.00 X           600 0 0
(191) PETER COFRANCESCO JR
DIRECTOR
 20.00 X   X       0 0 0
(192) POUL MOLLER
INTERNATIONAL DISTRICT DIRECTORS
 5.00 X           0 0 0
(193) RALPH SEEKINS
DIRECTOR
 1.00 X           0 0 0
(194) RANDAL TROUTNER
DIRECTOR
 1.00 X           0 0 0
(195) RANDY ALDERSON
DIRECTOR AT LARGE
 10.00 X           0 0 0
(196) RANDY RATLIFF
DIRECTOR
 3.00 X           0 0 0
(197) RC JONES
DIRECTOR AT LARGE
 1.00 X           0 0 0
(198) RH STEVENS
PAST PRESIDENT
 1.00 X           0 0 0
(199) RICHARD HARRIS
DIRECTOR AT LARGE
 1.00 X           0 0 0
(200) RICHARD SHIFFLER
DIRECTOR
 5.00 X           0 0 0
(201) RICK ADKINS
DIRECTOR
 1.00 X           0 0 0
(202) RICK BAILEY
DIRECTOR
 4.00 X           0 0 0
(203) RICK CHAYER
DIRECTOR
 1.00 X           1,400 0 0
(204) RICK JOHNS
PAST PRESIDENT
 1.00 X           0 0 0
(205) ROB BROWN
PAST PRESIDENT
 1.00 X           0 0 0
(206) ROBBIE RAINER
DIRECTOR AT LARGE
 1.00 X           0 0 0
(207) ROBERT BLAKEMAN
DIRECTOR AT LARGE
 1.00 X           0 0 0
(208) ROBERT MILKIE
DIRECTOR EMERITUS
 1.00 X           0 0 0
(209) ROBERT NORRIS
PAST PRESIDENT
 1.00 X           0 0 0
(210) ROGER ELDER
DIRECTOR AT LARGE
 1.00 X           0 0 0
(211) RONALD HARTLEY
DIRECTOR EMERITUS
 1.00 X           0 0 0
(212) RONALD SMITH
DIRECTOR
 10.00 X           0 0 0
(213) ROSS ROARK
DIRECTOR
 1.00 X           0 0 0
(214) RUTH DISMUKE-BLAKELY
DIRECTOR
 1.00 X           0 0 0
(215) RUTH MCDONALD-GATES
DIRECTOR
 10.00 X           0 0 0
(216) RUTI SHADMOT
INTERNATIONAL DISTRICT DIRECTORS
 15.00 X           0 0 0
(217) SAM ROSE
DIRECTOR
 3.00 X           0 0 0
(218) SANDRA ARLEDGE
DIRECTOR EMERITUS
 10.00 X           4,500 0 0
(219) SANDRA VAUGHN
DIRECTOR
 5.00 X           0 0 0
(220) SARAH DOLES
DIRECTOR
 1.00 X           0 0 0
(221) SARAH KUNKLE
DIRECTOR EMERITUS
 1.00 X           0 0 0
(222) SCOTT FLACH
DIRECTOR
 1.00 X           0 0 0
(223) SCOTT MERRITT
DIRECTOR AT LARGE
 1.00 X           0 0 0
(224) SCOTT NEUMAN
DIRECTOR
 5.00 X           0 0 0
(225) SHANNON BURWASH
DIRECTOR
 1.00 X           0 0 0
(226) SHAWN MAGEE
DIRECTOR
 2.00 X           0 0 0
(227) SHELDON SODERBERG
DIRECTOR AT LARGE
 1.00 X           0 0 0
(228) SHERRI TEARNEY
DIRECTOR
 10.00 X           0 0 0
(229) SHERRY CLEMENS
DIRECTOR
 1.00 X           0 0 0
(230) SKIP SALOME
DIRECTOR EMERITUS
 1.00 X           0 0 0
(231) STAN WEAVER
DIRECTOR
 1.00 X           0 0 0
(232) STARLET HUNT
DIRECTOR
 1.00 X           0 0 0
(233) STEPHEN FISCH DVM
DIRECTOR
 1.00 X           0 0 0
(234) STEPHEN KLEBERG
PAST PRESIDENT
 1.00 X           0 0 0
(235) STEVE MEADOWS
DIRECTOR
 3.00 X           600 0 0
(236) STEVEN OSBORNE DVM
DIRECTOR
 10.00 X           0 0 0
(237) STUART SPROUSE
DIRECTOR EMERITUS
 3.00 X           0 0 0
(238) SUE HAGERTY
DIRECTOR
 1.00 X           0 0 0
(239) SUZY JEANE
DIRECTOR
 5.00 X           4,900 0 0
(240) THOMAS DOWNING
DIRECTOR
 5.00 X           0 0 0
(241) THOMAS SCOTT
DIRECTOR AT LARGE
 1.00 X           0 0 0
(242) TOM BIVINS
DIRECTOR
 3.00 X           0 0 0
(243) TOM LENZ DVM
HONORARY VICE PRESIDENT
 1.00 X           0 0 0
(244) TOM MCBEATH
DIRECTOR
 10.00 X           0 0 0
(245) TRACY ADAMS DDS
DIRECTOR
 4.00 X           0 0 0
(246) TRAVIS DOBBS
DIRECTOR
 1.00 X           0 0 0
(247) TYLER GRAHAM
DIRECTOR
 1.00 X           0 0 0
(248) ULLRICH VEY
DIRECTOR AT LARGE
 10.00 X           0 0 0
(249) VAUGHN COOK
DIRECTOR
 2.00 X           0 0 0
(250) VINCENT GENCO
DIRECTOR
 10.00 X           0 0 0
(251) W MICHAEL JUNG
DIRECTOR
 1.00 X           0 0 0
(252) WA BURWASH DVM
DIRECTOR
 2.00 X           0 0 0
(253) WALT KNORPP
DIRECTOR AT LARGE
 2.00 X           0 0 0
(254) WALTER FLETCHER
PAST PRESIDENT
 1.00 X           0 0 0
(255) WALTER HUGHES
DIRECTOR AT LARGE
 1.00 X           0 0 0
(256) WALTER KIMES
DIRECTOR EMERITUS
 1.00 X           0 0 0
(257) WANDA WATERS
HONORARY VICE PRESIDENT
 1.00 X           0 0 0
(258) WAYNE HALVORSON
DIRECTOR AT LARGE
 5.00 X           0 0 0
(259) WILLARD NORDICK
DIRECTOR EMERITUS
 1.00 X           0 0 0
(260) WILLIAM CROUCH
DIRECTOR EMERITUS
 1.00 X           0 0 0
(261) WILLIAM HORTON
DIRECTOR
 3.00 X           0 0 0
(262) WR BRIGDEN
DIRECTOR
 2.00 X           0 0 0
(263) DONALD TREADWAY JR
EXECUTIVE VP
 60.00     X       333,182 0 20,007
(264) TRENTON TAYLOR
TREASURER
 60.00     X       177,067 0 24,676
(265) GARY CARPENTER
PRIOR DIRECTOR FOUNDATION
 40.00       X     15,636 0 2,792
(266) BILLY SMITH
EXE DIRECTOR OF IT
 40.00         X   136,937 0 19,320
(267) KAREN LATTA
EXE DIRECTOR OF MARKETING
 40.00         X   106,250 0 20,723
(268) ROBERT PIERCE
ATTORNEY
 40.00         X   208,615 0 22,316
(269) TOM PERSECHINO
DIRECTOR OF MARKETING
 40.00         X   126,317 0 14,791
(270) WILLIAM ROSS
EXECUTIVE DIRECTOR OF JUDGES
 40.00         X   166,971 0 22,713
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 1,490,697 0 151,106
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organizationMediumBullet7
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
BRUCE ANDERSON
2305 TRICKLING CREEK DRIVE
GARLAND,TX75041 		CONSULTING 170,532
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization MediumBullet1
Form 990 (2010)
Form 990 (2010)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, gifts, grants and other similar amounts 1a Federated campaigns..1a  
b Membership dues....1b 7,658,730
c Fundraising events....1c  
d Related organizations...1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and
similar amounts not included above1f 		 
g Noncash contributions included in lines 1a-1f:$  
h Total. Add lines 1a-1f.......MediumBullet 7,658,730
Program Service Revenue Business Code
2a SPONSORSHIP INCOME 541,800 7,300,175 7,250,175 50,000  
b WORLD SHOW INCOME 900,099 5,244,896 5,244,896    
c PUBLICATION ADVERTISIN 541,800 4,909,944   4,909,944  
d REGISTRATION 900,099 4,748,359 4,748,359    
e RACING CHALLENGE INCOM 900,099 3,143,064 3,143,064    
f All other program service revenue . 14,766,628 14,549,252 217,376  
g Total. Add lines 2a–2f........MediumBullet 40,113,066
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 858,068     858,068
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties............MediumBullet 375     375
(i) Real (ii) Personal
6a Gross Rents    
b Less: rental expenses    
c Rental income or (loss)    
d Net rental income or (loss).......MediumBullet        
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 16,088,155 44,990
b Less: cost or other basis and sales expenses 14,078,681 112
c Gain or (loss) 2,009,474 44,878
d Net gain or (loss)..........MediumBullet 2,054,352     2,054,352
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet        
Miscellaneous Revenue Business Code
11a MISCELLANEOUS 900,099 496,038 496,038    
b ADMINISTRATIVE FEES 900,099 391,000 391,000    
c PARTNERSHIP INCOME 900,099 -779,199     -779,199
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet 107,839
12 Total revenue. See Instructions....MediumBullet 50,792,430 35,822,784 5,177,320 2,133,596
Form 990 (2010)
Form 990 (2010)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21 2,113,287  
2 Grants and other assistance to individuals in the U.S. See Part IV, line 22 6,282,338  
3 Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16 783,901  
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 1,395,719      
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 10,592,093      
8 Pension plan contributions (include section 401(k) and section 403(b) employer contributions) .... 6,888,639      
9 Other employee benefits ....... 1,268,097      
10 Payroll taxes ........... 897,583      
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 34,651      
c Accounting ........... 929,664      
d Lobbying ...........        
e Professional fundraising. See Part IV, line 17..    
f Investment management fees ...... 143,352      
g Other ..........        
12 Advertising and promotion .... 5,239,625      
13 Office expenses ....... 2,117,292      
14 Information technology ...... 406,406      
15 Royalties ..        
16 Occupancy ........... 794,907      
17 Travel ............ 1,283,244      
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings .... 409,260      
20 Interest ........... 11,827      
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 1,190,982      
23 Insurance .............. 270,969      
24 Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a RACING CHALLENGE EXPENS 4,639,105      
b PUBLICATIONS 3,019,965      
c WORLD CHAMPIONSHIP SHOW 2,908,600      
d GENOTYPING EXPENSES 1,133,464      
e STATE DRUG TESTING 736,785      
f All other expenses 1,225,462      
25 Total functional expenses. Add lines 1 through 24f 56,717,217      
26 Joint costs. Check here MediumBullet if following
SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation 		       
Form 990 (2010)
Form 990 (2010)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing .......... 1,638,939 1 897,960
2 Savings and temporary cash investments ....... 1,142,041 2 1,513,959
3 Pledges and grants receivable, net .........   3  
4 Accounts receivable, net ......... 901,759 4 1,410,522
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L .......... 95,808 6 79,840
7 Notes and loans receivable, net .............   7  
8 Inventories for sale or use .............. 23,147 8 26,666
9 Prepaid expenses and deferred charges ............ 608,117 9 833,760
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 17,407,114
b Less: accumulated depreciation. ..... 10b 8,907,706 6,480,448 10c 8,499,408
11 Investments—publicly traded securities .......... 50,718,581 11 38,730,575
12 Investments—other securities. See Part IV, line 11 ...... 4,078,800 12 3,925,357
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets .........   14  
15 Other assets. See Part IV, line 11 ........... 650,974 15 729,624
16 Total assets. Add lines 1 through 15 (must equal line 34)... 66,338,614 16 56,647,671
Liabilities 17 Accounts payable and accrued expenses . 3,156,438 17 3,340,148
18 Grants payable ..........   18  
19 Deferred revenue .......... 19,084,721 19 18,753,227
20 Tax-exempt bond liabilities ..........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities. Complete Part X of Schedule D..... 19,367,563 25 18,517,385
26 Total liabilities. Add lines 17 through 25..... 41,608,722 26 40,610,760
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 24,729,892 27 16,036,911
28 Temporarily restricted net assets .....   28  
29 Permanently restricted net assets .....   29  
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 24,729,892 33 16,036,911
34 Total liabilities and net assets/fund balances ..... 66,338,614 34 56,647,671
Form 990 (2010)
Form 990 (2010)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .
1
Total revenue (must equal Part VIII, column (A), line 12) . . .
1
50,792,430
2
Total expenses (must equal Part IX, column (A), line 25) . . . . .
2
56,717,217
3
Revenue less expenses. Subtract line 2 from line 1 . . . .
3
-5,924,787
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .
4
24,729,892
5
Other changes in net assets or fund balances (explain in Schedule O) . . . .
5
-2,768,194
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .
6
16,036,911
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?..
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O............................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
 
No
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
 
 
Form 990 (2010)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06 ........ 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance ....      
b Contributions ........      
c Investment earnings or losses ...      
d Grants or scholarships .....      
e Other expenditures for facilities
and programs ........ 		     
f Administrative expenses ....      
g End of year balance ......      
2
Provide the estimated percentage of the year end balance held as:
a
Board designated or quasi-endowment: SchDMd Bullet  
b
Permanent endowment: SchDMd Bullet  
c
Term endowment: SchDMd Bullet  
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
 
(ii) related organizations ........................
3a(ii)
 
 
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Investments—Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of investment (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ................. 197,529   197,529
b Buildings ................ 6,159,077   3,929,021 2,230,056
c Leasehold improvements ............        
d Equipment ................ 11,040,345   4,978,685 6,061,660
e Other ................. 10,163     10,163
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........SchDMdBullet 8,499,408
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) REAL ESTATE LIMITED PARTNERSHIP INVESTMENTS 		3,925,357 F








Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)Small Bullet 3,925,357
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Amount
Federal Income Taxes  
INCENTIVE FUND 8,030,912
RC PROGRAM NOMINATIONS 3,925,714
MINIMUM PENSION LIABILITY 6,046,750
CAPITAL LEASE LIABILITY 114,009
PREPAID MISC EXPENSE 400,000




Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)Small Bullet 18,517,385
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1 50,792,430
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2 56,717,217
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3 -5,924,787
4 Net unrealized gains (losses) on investments .......................... 4 -2,768,194
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV) ................................. 8  
9 Total adjustments (net). Add lines 4 - 8 ............................. 9 -2,768,194
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10 -8,692,981
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1 44,141,623
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV): ............ 2d -2,768,194
e Add lines 2a through 2d ..................... 2e -2,768,194
3 Subtract line 2e from line 1..................... 3 46,909,817
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIV): ........... 4b 3,882,613
c Add lines 4a and 4b....................... 4c 3,882,613
5 Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ...... 5 50,792,430
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1 52,834,604
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d...................... 2e 0
3 Subtract line 2e from line 1..................... 3 52,834,604
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIV): ............ 4b 3,882,613
c Add lines 4a and 4b....................... 4c 3,882,613
5 Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ...... 5 56,717,217
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
PART XII, LINE 2D - OTHER ADJUSTMENTS:   UNREALIZED GAINS/LOSSES -2,768,194.
PART XII, LINE 4B - OTHER ADJUSTMENTS:   ENTRY FEES 7,474. ADMINISTRATIVE FEES 391,000. JORNAL ADVERTISING REVENUE ELIMINATED IN CONSOLIDATION 2,990,409. NEWS STAND SALES REVENUE ELIMINATED IN CONSOLIDATION 294. CONTRIBUTION REVENUE ELIMINATED IN CONSOLIDATION 11,461. SPONSORSHIP REVENUE ELIMINATED IN CONSOLIDATION 224,500. STORE SALES REVENUE ELIMINATED IN CONSOLIDATION 257,463. ROUNDING 12.
PART XIII, LINE 4B - OTHER ADJUSTMENTS:   ENTRY FEES 7,474. ADMINISTRATIVE FEES 391,000. JORNAL ADVERTISING REVENUE ELIMINATED IN CONSOLIDATION 2,990,409. NEWS STAND SALES REVENUE ELIMINATED IN CONSOLIDATION 294. CONTRIBUTION REVENUE ELIMINATED IN CONSOLIDATION 11,461. SPONSORSHIP REVENUE ELIMINATED IN CONSOLIDATION 224,500. STORE SALES REVENUE ELIMINATED IN CONSOLIDATION 257,463. ROUNDING 12.
Schedule D (Form 990) 2010

Additional Data


Software ID:  
Software Version:  




SCHEDULE F
(Form 990)

Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,
Part IV, line 14b, 15, or 16.
Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Part I
General Information on Activities Outside the United States. Complete if the organization answered
“Yes” to Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of the grants or
assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award
the grants or assistance? ...................................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of grant funds outside the
United States.
3
Activites per Region. (Use Part V if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees or agents in region or independent contractors (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total
expenditures for region/investments
in region
SOUTH AMERICA 0 0 PROGRAM SERVICES BUSINESS PLAN 59,274
EUROPE 0 0 PROGRAM SERVICES BUSINESS PLAN 310,660
CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES BUSINESS PLAN 20,117
SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES BUSINESS PLAN 8,895
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES BUSINESS PLAN 30,579
NORTH AMERICAN 0 0 PROGRAM SERVICES BUSINESS PLAN 98,233
MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES BUSINESS PLAN 7,589
SOUTH AMERICA 0 1 PROGRAM SERVICES PROMOTION OF QUARTER HORSE 8,959
ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PROMOTION OF QUARTER HORSE 2,965
SOUTH AMERICA 0 0 PROGRAM SERVICES RACING CHALLENGE 1,019
NORTH AMERICA 0 0 PROGRAM SERVICES RACING CHALLENGE 12,497
EUROPE 0 0 PROGRAM SERVICES INCENTIVE FUND 77,427
NORTH AMERICA 0 0 PROGRAM SERVICES INCENTIVE FUND 137,411
SOUTH AMERICA 0 0 PROGRAM SERVICES INCENTIVE FUND 471
CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES INCENTIVE FUND 38
MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES INCENTIVE FUND 19
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES INCENTIVE FUND 247
NORTH AMERICA 0 0 PROGRAM SERVICES AIM GRANT 12,300
EUROPE 0 0 PROGRAM SERVICES WORLD SHOW 6,911
NORTH AMERICA 0 0 PROGRAM SERVICES WORLD SHOW 14,205
SOUTH AMERICA 0 0 PROGRAM SERVICES WORLD SHOW 248
EUROPE 0 0 PROGRAM SERVICES EURO CHAMPIONSHIP 34,476
EUROPE 0 0 PROGRAM SERVICES EURO SUMMIT 75,368
3a Sub-total ..... 0 1 544,306
b Total from continuation sheets to Part I ... 0 0 375,602
c Totals (add lines 3a and 3b) 0 1 919,908
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,
Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000 ........ MediumBullet
Use Part V if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount of
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
SOUTH AMERICA BUSINESS PLAN 52,305 WIRE AND CHECKS 6,969 TRAVEL EXPENSE AND JUDGING FEES COST
EUROPE BUSINESS PLAN 300,997 WIRE AND CHECKS 9,663 TRAVEL EXPENSE AND JUDGING FEES COST
EAST ASIA AND THE PACIFIC BUSINESS PLAN 27,708 WIRE AND CHECKS 2,871 TRAVEL EXPENSE AND JUDGING FEES COST
NORTH AMERICA BUSINESS PLAN 90,832 WIRE AND CHECKS 7,401 TRAVEL EXPENSE AND JUDGING FEES COST
MIDDLE EAST AND NORTH AFRICA BUSINESS PLAN 7,589 WIRE AND CHECKS      
CENTRAL AMERICA AND THE CARIBBEAN BUSINESS PLAN 17,866 WIRE AND CHECKS 2,251 TRAVEL EXPENSE AND JUDGING FEES COST
NORTH AMERICA INCENTIVE FUND 18,921 WIRE AND CHECKS      
SUB-SAHARAN AFRICA BUSINESS PLAN 7,072 WIRE AND CHECKS 1,823 TRAVEL EXPENSE AND JUDGING FEES COST
EUROPE INCENTIVE FUND 6,920 WIRE AND CHECKS      
             
             
             
             
             
             
             
2
Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .....MediumBullet
 
3
Enter total number of other organizations or entities ........................MediumBullet
35
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Use Part V if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
RACING CHALLENGE NORTH AMERICA 13 10,641 CHECK      
RACING CHALLENGE SOUTH AMERICA 1 1,019 CHECK      
WORLD SHOW EUROPE 4 6,911 CHECK 26,820 BUCKLES, SADDLES, BOOTS, ECT COST
WORLD SHOW NORTH AMERICA 12 13,079 CHECK 3,903 BUCKLES, SADDLES, BOOTS, ETC COST
WORLD SHOW SOUTH AMERICA 1 248 CHECK 1,469 BUCKLES, SADDLES, BOOTS, ETC. COST
INCENTIVE FUND EUROPE 414 70,507 CHECK      
INCENTIVE FUND NORTH AMERICA 453 118,490 CHECK      
INCENTIVE FUND CENTRAL AMERICA & THE CARIBBEAN 1 38 CHECK      
INCENTIVE FUND EAST ASIA AND THE PACIFIC 4 199 CHECK      
INCENTIVE FUND MIDDLE EAST AND NORTH AFRICA 1 19 CHECK      
INCENTIVE FUND SOUTH AMERICA 5 346 CHECK      
               
               
               
               
               
               
               
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926 (see instructions for Form 926).................
2 Did the organization have an interest in a foreign trust during the tax year? If " Yes," the organization may be required to file Form 3520 and/or Form 3520-A. (see instructions for Forms 3520 and 3520-A)..........
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. (see instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see instructions for Form 8621)
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with respect to Certain Foreign Partnerships. (see instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see instructions for Form 5713)................................................
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 5
Part V
Supplemental Information
Complete this part to provide the information (see instructions) required in Part I, line 2, and any additional information.
Identifier ReturnReference Explanation
PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.:   SCHEDULE F, PART I, LINE 2: AQHA HAS AN INTERNATIONAL DEPARTMENT THAT IS RESPONSIBLE FOR MONITORING ALL INTERNATIONAL ACTIVITIES INCLUDING GRANTS. THE INTERNATIONAL GRANT PROCESS INCLUDES AN APPLICATION MADE UP OF A MARKET ASSESSMENT, LONG TERM STRATEGIES, THE CREATION OF A BASELINE FOR EACH COUNTRY AND GOALS FOR THE NEXT SEVERAL YEARS. THE SUCCESS OF AWARDING FUTURE GRANTS IS DEPENDENT UPON EACH COUNTRY MEETING OR EXCEEDING THEIR PROJECTED GOALS.
METHOD USED TO ACCCOUNT FOR EXPENDITURES:   SCHEDULE F, PART I, LINE 3: AMERICAN QUARTER HORSE ASSOCIATION REQUIRES THE USE OF QUERIES OF OUR ACCOUNTING SYSTEM TO IDENTIFY FOREIGN EXPENDITURES IN OUR FINANCIAL STATEMENTS REVEALING THE SOURCE AND GEOGRAPHIC ORIGIN OF THOSE EXPENDITURES
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Schedule F (Form 990) 2010
Additional Data


Software ID:  
Software Version:  



Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number
75-0725576
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) NATIONAL CUTTING HORSE ASSOCIATION260 BAILEY AVE
FORT WORTH,TX76107 		75-0978808 501(C)(5) 5,000       ZACH T WOOD BRONZE DONATION
(2) COLORADO STATE UNIVERSITY408 UNIVERSITY SERVICES
FORT COLLINS,CO80523 		84-6000545 501(C)(3) 14,500       HORSEMANSHIP GRANT
(3) SAM HOUSTON STATE UNIVERSITY1831 UNIVERSITY DRIVE
HUNTSVILLE,TX77340 		74-6001430   11,200       HORSEMANSHIP GRANT
(4) TECH TEXAS UNIVERSITYPO BOX 42141
LUBBOCK,TX79409 		75-2142549 501(C)(3) 11,900       HORSEMANSHIP GRANT
(5) UNIVERSITY OF WISCONSIN410 S 3RD ST
RIVER FALLS,WI54022 		39-6064630 501(C)(3) 11,500       HORSEMANSHIP GRANT
(6) TEXAS QUARTER HORSE ASSOCIATION1101 W ANDERSON LN
AUSTIN,TX78757 		75-1585875 501(C)(5) 100,000       RACE COUNCIL GRANT
(7) IDAHO QUARTER HORSE ASSOCIATION9812 HIGHWAY 44
MIDDLETON,ID83644 		23-7243264 501(C)(6) 10,000       RACE COUNCIL GRANT
(8) FLORIDA QUARTER HORSE RACING ASSOCIATION9085 MAGNOLIA HILL DRIVE
TALLAHASSEE,FL32309 		43-2098089 501(C)(6) 20,000       RACE COUNCIL GRANT
(9) MINNESOTA QUARTER HORSE ASSOCIATION8200 HALSTEAD DR
MOUND,MN55364 		41-0663145 501(C)(5) 17,500       RACE COUNCIL GRANT
(10) ROCKY MOUNTAIN QUARTER HORSE RACING ASSOCIATION4701 MARION ST307
DENVER,CO80216 		84-0383075 501(C)(5) 10,000       RACE COUNCIL GRANT
(11) KANSAS QUARTER HORSE RACING ASSOCIATION210 N JEFFERSON
EUREKA,KS67045 		23-7203174 501(C)(5) 12,500       RACE COUNCIL GRANT
(12) RACING OFFICIALS ACCREDITATION821 CORPORATE DRIVE
LEXINGTON,KY40503 		20-4137857 501(C)(6) 10,000       RACE COUNCIL GRANT
(13) KENTUCKY HORSE COUNCIL INC1500 BULL LEA ROAD SUITE 214C
LEXINGTON,KY40511 		61-1217095 501(C)(3) 5,095       STEP PROGRAM GRANT
(14) SPORTSMAN LAKE DEVELOPMENTPO BOX 979
SEMINOLE,TX74818 		73-6005421   6,890       STEP PROGRAM GRANT
(15) ROCKY MOUNTAIN QUARTER HORSE ASSOCIATION4701 MARION ST307
DENVER,CO80216 		84-0383075 501(C)(5) 5,000       AIM GRANT
(16) MULLER RACING LLC4950 CENTRAL ST APT 1104
KANSAS CITY,MO64112 		43-1807337   6,500       RACE CHALLENGE
(17) REED LAND & CATTLE CO LLCPO BOX 1462
SEMINOLE,OK74868 		44-3429379   14,064       RACE CHALLENGE
(18) O L 'BUCK' DANIEL3224 SW 67TH DR
OKEECHOBEE,FL34974 		59-1906210   5,404 1,756 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(19) CAROL ROSE4500 N I-35
GAINESVILLE,TX76240 		75-1339598   20,590 3,600 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(20) CIRCLE STAR LAND & CATTLE COPO BOX 125
PONTOTOC,TX76869 		27-3178016   9,949 3,600 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(21) BAR Z BAR HORSE RANCH625 SOUTH MAIN
CENTRAL VALLEY,UT84754 		52-9573580   5,902 300 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(22) SPUR RESOURCES 1 LTD14860 MONTFORT DR STE 209
DALLAS,TX75254 		62-5821224   5,454 100 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(23) ROLLING PASTURES HORSE RANCH1171 220TH ST
IONIA,IA50645 		48-4764804   10,463 2,200 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(24) HOLSEY CUTTING HORSESPO BOX 592
CROCKETT,TX75835 		44-9637966   5,328 100 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(25) 3 JS LLC24251 INDEPENDENCE
MORRISON,OK73061 		44-7701112   5,380 100 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(26) THE KAPLOW FAMILY74 DEVOE RD
CHAPPAQUA,NY10514 		06-0349669   5,210       WORLD SHOW
(27) TERRY BRADSHAWRR 1 BOX 1033
THACKERVILLE,OK73459 		27-2450678   12,818 3,128 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(28) TOM LYONS INCPO BOX 298
GRANDVIEW,TX76050 		86-0385857   5,023 1,000 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(29) WAGONHOUND LANDLIVESTOCK LLC1061 POISON LAKE RD
DOUGLAS,WY82633 		33-0942148   11,917 2,200 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(30) COWAN RANCH INCPO BOX 2492
ARDMORE,OK73402 		73-1605593   5,458       WORLD SHOW
(31) SWEET LAKE LAND & OIL CO INCPO BOX 997
LAKE CHARLES,LA70602 		72-0330970   6,134 200 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(32) ROGERS HEAVEN SENT RANCHDONALD AND SUZANNE ROGERS
TUCSON,AZ85749 		46-0519722   6,507 200 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(33) COPPER SPRING RANCH LLC7720 SHEDHORN DR STE A
BOZEMAN,MT59718 		20-0750298   5,279 200 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(34) EE RANCHES INCPO BOX 802207
DALLAS,TX75380 		75-2145083   13,157 2,000 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(35) PLAY DUAL REY PARTNERSPO BOX 495
WHITESBORO,TX76273 		26-3627386   19,582 1,700 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(36) HIGHVIEW RANCH QH INC8581 DREAMSCAPE RD
RAPID CITY,SD57702 		46-0453329   12,527 10,500 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(37) MISTER MONTANA NIC SYNDICATE19300 STATE HWY 39
PURCELL,OK73080 		27-1432154   10,573 2,000 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(38) PARMLEY QUARTER HORSES12023 SILVERWOOD BEND LN
CYPRESS,TX77433 		27-3427416   5,908 1,600 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(39) SCHROEDER & PICKARD6736 HIGHWAY 82
GAINESVILLE,TX76240 		75-2963729   7,078 1,500 COST BUCKLES, BOOTS, JACKETS, ECT WORLD SHOW
(40) CAROL ROSE4500 N I-35
GAINESVILLE,TX76240 		75-1339598   5,979       INCENTIVE FUND
(41) ROBBIE & JOAN SCHROEDERSCHROEDER RANCH
GAINESVILLE,TX76240 		75-2963729   5,401       INCENTIVE FUND
(42) HIGHVIEW RANCH QH INC8581 DREAMSCAPE RD
RAPID CITY,SD57702 		46-0453329   6,415       INCENTIVE FUND
(43) AMERICAN QUARTER HOUSE FOUNDATIONPO BOX 32111
AMARILLO,TX79120 		51-0187823 501(C)(3) 502,461       MUSEUM OPERATIONS, EQUINE RESEARCH, YOUTH SCHOLARSHIPS
(44) RACE TRACK CHAPLAINCY OF AMERICA2365 HARRODSBURG RD STE A-120
LEXINGTON,KY40504 		23-7181877 501(C)(3) 5,000       SPONSORSHIPS
(45) UNIVERSITY OF ARIZONA FOUNDATION RTIPPO BOX 210069
TUCSON,AZ85721 		86-6050388 501(C)(3) 6,000       SPONSORSHIPS
(46) SUSAN G KOMEN BREAST CANCER FOUNDATION3191 A AIRPORT LOOP DR
COSTA MESA,CA92626 		75-1835298 501(C)(3) 5,000       SPONSORSHIPS
2
Enter total number of section 501(c)(3) and government organizations ......................... Bullet Image
8
3
Enter total number of other organizations ................................ . Bullet Image
38
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2010

Schedule I (Form 990) 2010
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) WORLD SHOW 616 1,545,564 1,500,270 COST BUCKLES, SADDLES, TROPHIES
(2) RACING CHALLENGE 98 130,884      
(3) INCENTIVE FUND 6045 2,156,533      
(4) AQHA PROMOTION AND SPONSORSHIP AWARDS 1101 5,750 525,467 COST BUCKLES, SADDLES, TROPHIES
(5) TEAM WANGLER/ CHAMPIONSHIP AND ROOKIE WINNERS 251 34,500 428,804 COST BUCKLES, SADDLES, TROPHIES





Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: >AFFILIATE PROGRAM / AIM - AQHA HAS PARTNERSHIPS WITH LIKE-MINDED GRASSROOTS AMERICAN QUARTER HORSE ASSOCIATIONS TO HELP PROMOTE THE BENEFITS OF AMERICAN QUARTER HORSE INVOLVEMENT. THERE ARE 83 STATE/PROVINCIAL AQHA AFFILIATES REPRESENTING ALL FIFTY STATES AND SEVEN PROVINCES. IF AN ASSOCIATION HANDLES BOTH THE RACE AND SHOW SEGMENTS OF OUR INDUSTRY THEN AQHA HAS ONLY ONE AFFILIATE IN THAT STATE OR PROVINCE. IN THE CASE WHERE THOSE SEGMENTS ARE REPRESENTED BY THEIR OWN ENTITY THEN AQHA COULD HAVE TWO AFFILIATES IN THAT LOCATION. THE AFFILIATE/AQHA PARTNERSHIP WILL UNITE AMERICAN QUARTER HORSE OWNERS, DEVELOP AND PROVIDE BENEFICIAL SERVICES FOR ALL HORSE OWNERS WHICH ENHANCE AND ENCOURAGE AMERICAN QUARTER HORSE OWNERSHIP AND PARTICIPATION. TO GENERATE GROWTH OF AFFILIATE MEMBERSHIP VIA THE EDUCATIONAL PROGRAMS, RECOGNITION, MONITORING PUBLIC POLICY, MARKETING, PROMOTION AND PUBLICITY OF THE AMERICAN QUARTER HORSE. THE AFFILIATE/AQHA PARTNERSHIP WILL BE THE EFFECTIVE INDUSTRY VOICE SERVING ALL AQHA MEMBERS AND HORSE OWNERS AT THE LOCAL LEVEL WITH DIVERSE PROGRAMS THAT PROMOTE THE AMERICAN QUARTER HORSE. >RACING COUNCIL GRANTS - IS A PROGRAM WHERE REQUESTS FOR GRANTS ARE SUBMITTED BY OUR STATE AFFILIATES FOR RACING PROMOTION INITIATIVE PURPOSES. GRANTS ARE REVIEWED AND APPROVED BY OUR RACING COUNCIL. >INCENTIVE FUND - IS A PROGRAM WHEREBY AQHA SANCTIONED SHOW PARTICIPANTS AND BREEDERS WIN CASH PRIZES BASED ON TOTAL POINTS ACCUMULATED DURING EACH SHOW YEAR. IN ORDER TO BE ELIGIBLE, BREEDERS MUST PAY NOMINATION FEES FOR THEIR STALLIONS AND FOALS. THE NOMINATION FEES AND THE RELATED INVESTMENT INCOME REPRESENT THE SOURCE OF FUNDS FOR THE CASH PRIZES AWARDED. NOMINATED STALLIONS AND FOALS ARE ELIGIBLE TO RECEIVE PAYMENTS FROM THE INCENTIVE FUND BASED ON TOTAL SHOW POINTS EARNED DURING THE PREVIOUS YEAR. >RACING CHALLENGE PROGRAM - IS AN INCENTIVE-TYPE PROGRAM OPEN TO ALL REGISTERED AMERICAN QUARTER HORSE FOALS. THE RACING CHALLENGE RECEIVES FUNDS FROM INDIVIDUALS FOR THE NOMINATION OF THEIR HORSES. NOMINATIONS RECEIVED ARE USED TO SUPPLEMENT PURSE AWARDS AT CHALLENGE RACES AND ARE PAID TO THE NOMINATORS AND OWNERS AS BONUS AWARDS. RACE ENTRY FEES ARE RECEIVED FROM INDIVIDUALS TO ENTER A CHALLENGE RACE AND ARE ADDED TO THE PURSE AWARD. CORPORATE SPONSORS CONTRIBUTE FUNDS TO THE PURSE AWARDS AS WELL. >HORSEMANSHIP GRANTS - EACH YEAR US COLLEGE EQUESTRIAN TEAMS FILL OUT APPLICATIONS FOR GRANTS TO TRAVEL ABROAD AND TEACH HORSEMANSHIP SKILLS AND THE VALUE OR THE AMERICAN QUARTER HORSE BREED AS THE RIDE OF CHOICE. THE RECIPIENTS ARE SELECTED BASED UPON THEIR APPLICATION AND THEIR TEAM COMMITMENT TO HORSEMANSHIP. THE TEAMS THEN CONDUCT CLINICS IN VARIOUS EUROPEAN COUNTRIES PROMOTING THE WESTERN STYLE OF RIDING AND THE AMERICAN QUARTER HORSE. >STEP OR STEWARDS FOR TRAILS, EDUCATION AND PARTNERSHIPS IS A PROGRAM UNDER AQHA'S WING THAT WAS FORMERLY KNOWN AS TRAIL TROTTERS. TRAIL TROTTERS WAS LAUNCHED IN NOVEMBER 2004 BY THE EQUESTRIAN LAND CONSERVATION RESOURCE IN PARTNERSHIP WITH THE NATIONAL FOREST FOUNDATION. THE IDEA WAS TO BUILD A PROGRAM THAT WOULD INCREASE PARTICIPATION IN TRAIL STEWARDSHIP AMONG EQUINE ENTHUSIASTS WHILE CASTING A POSITIVE LIGHT ON HORSEBACK RIDERS TO LAND MANAGERS AND OTHER TRAIL USERS. THIS PROGRAM PROMOTES EQUESTRIAN INVOLVEMENT IN THE RESTORATION, REPAIR AND ESTABLISHMENT OF TRAILS AND TRAILHEADS ON NATIONAL TRAILS DAY, WHICH HAS BEEN HELD EVERY JUNE SINCE 1992 AND HAS BEEN EXPANDED TO INCLUDE THE ENTIRE MONTH OF JUNE IN CONJUNCTION WITH GREAT OUTDOORS MONTH. EQUESTRIAN GROUPS AND INDIVIDUALS ARE ENCOURAGED TO PARTICIPATE IN TRAIL MAINTENANCE AND RESTORATION PROJECTS. A NATIONAL STEWARDSHIP AWARD IS GIVEN EACH YEAR TO A GROUP OR ORGANIZATION WHOSE PROJECT PROVES COMMENDABLE THROUGH COMMUNITY INVOLVEMENT AND SUSTAINABILITY. >WORLD SHOWS - THE WORLD'S BEST AMERICAN QUARTER HORSES MEET EACH YEAR FOR THE CHANCE TO BECOME A WORLD CHAMPION AND A SHARE IN CASH AND AWARDS. FROM HALTER TO REINING AND JUMPING TO TRAIL, THE FORD YOUTH WORLD SHOW IS HELD IN AUGUST AND THE BANK OF AMERICA AMATEUR AND FEDEX OPEN AQHA WORLD CHAMPIONSHIP SHOW ARE HELD EACH NOVEMBER IN OKLAHOMA CITY. THE ADEQUAN SELECT SHOW IS HELD IN SEPTEMBER IN AMARILLO AND THE PFIZER VERSATILITY RANCH HORSE WORLD CHAMPIONSHIP IS HELD IN DENVER EACH JANUARY. ENTRIES ARE BY INVITATION ONLY BASED UPON COMPETITION IN THE 2,400 APPROVED AQHA SHOWS. A PANEL OF JUDGES EVALUATES EACH CLASS TO DETERMINE THE BEST CHOICE FOR THE WORLD CHAMPION TITLE. EACH EVENT IS FOR THOSE WHO LOVE AND APPRECIATE THE ATHLETIC ABILITY AND BEAUTY OF THE AMERICAN QUARTER HORSE AND WANT TO SHOWCASE THE BEST IN EACH CLASS.
Schedule I (Form 990) 2010


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement orprovision of all the expenses described above? If "No," complete Part III to explain....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
 
b
Any related organization? .........................
5b
 
 
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
 
b
Any related organization? .........................
6b
 
 
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
 
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regs. section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
 
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported in prior
Form 990 or
Form 990-EZ
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) BILLIE BREWER (i)
(ii)		 121,075
0 		31,250
0 		17,333
0 		0
0 		6,560
0 		176,218
0 		0
0
(2) DONALD TREADWAY JR (i)
(ii)		 272,089
0 		825
0 		60,268
0 		0
0 		20,007
0 		353,189
0 		0
0
(3) TRENTON TAYLOR (i)
(ii)		 156,389
0 		9,712
0 		10,966
0 		6,000
0 		18,676
0 		201,743
0 		0
0
(4) BILLY SMITH (i)
(ii)		 129,450
0 		0
0 		7,487
0 		1,298
0 		18,022
0 		156,257
0 		0
0
(5) ROBERT PIERCE (i)
(ii)		 201,814
0 		0
0 		6,801
0 		12,579
0 		9,737
0 		230,931
0 		0
0
(6) WILLIAM ROSS (i)
(ii)		 159,009
0 		0
0 		7,962
0 		10,181
0 		12,532
0 		189,684
0 		0
0










Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
  PART I, LINE 4B BILL BREWER - $31,250 TRENT TAYLOR - $9,712 DON TREADWAY JR - $825
Schedule J (Form 990) 2010

Additional Data


Software ID:  
Software Version:  
Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V lines 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBulletSee separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Part I
Excess Benefit Transactions (section 501(c)(3) and section 501 (c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Description of transaction (c) Corrected?
Yes No





2
Enter the amount of tax imposed on the organization managers or disqualified persons during the year under section 4958. ......................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.
(a) Name of interested person and purpose (b) Loan to or from the organization? (c)Original principal amount (d)Balance due (e) In default? (f) Approved by board or committee? (g)Written agreement?
To From Yes No Yes No Yes No
(1) DONALD TREADWAY JR
SPLIT DOLLAR LIFE INSURANCE AGREEMENT 		  X 159,680 79,840   No Yes   Yes  
Total ...............Small Bullet $ 79,840
Part III
Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b)Relationship between interested person and the organization (c)Amount of grant or type of assistance
(1) KYLE FULLER SON OF JERRY FULLER $2,000 SCHOLARSHIP FROM AMERICAN QUARTER HORSE FOUNDATION, A RELATED PARTY
(2) KORRY BAILEY DAUGHTER OF PAUL BAILEY $2,000 SCHOLARSHIP FROM AMERICAN QUARTER HORSE FOUNDATION, A RELATED PARTY
(3) TAYLOR JOSEPH JEANE SON OF SUZY JEANE $3,125 SCHOLARSHIP FROM AMERICAN QUARTER HORSE FOUNDATION, A RELATED PARTY
(4) MACKENZIE ADAMS DAUGHTER OF TRACY ADAMS $5,000 SCHOLARSHIP FROM AMERICAN QUARTER HORSE FOUNDATION, A RELATED PARTY
(5) LAUREN HALVORSON DAUGHTER OF WAYNE HALVORSON $2,000 SCHOLARSHIP FROM AMERICAN QUARTER HORSE FOUNDATION, A RELATED PARTY
(6) TABATHA TAYLOR DAUGHTER OF TRENT TAYLOR $270 SCHOLARSHIP FROM AMERICAN QUARTER HORSE FOUNDATION, A RELATED PARTY
For Privacy Act and Paperwork Reduction Act Notice, see the
Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2010
Schedule L (Form 990 or 990-EZ) 2010
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) JOHNNY TROTTER EXECUTIVE COMMITTEE, MEMBER 16,626 CATTLE FOR SHOW   No
Part V
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule L (see instructions).
Identifier Return Reference Explanation
Schedule L (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  




SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Identifier Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 2   >JOE CARTER, DIRECTOR AT LARGE AND PATTI CARTER-PRATT, DIRECTOR - FAMILY RELATIONSHIP >DIRK JONES, DIRECTOR AND R C JONES, DIRECTOR - FAMILY RELATIONSHIP >TRAVIS DOBBS, DIRECTOR AND JOHNE DOBBS, 2ND VICE PRESIDENT OF EXECUTIVE COMMITTEE - FAMILY RELATIONSHIP >JIM J SHOEMAKE, PAST PRESIDENT AND SARAH SHOEMAKE-DOLLES, DIRECTOR - FAMILY RELATIONSHIP >LAINA BANKS, DIRECTOR AND KENNETH BANKS, DIRECTOR AT LARGE - FAMILY RELATIONSHIP >LAINA BANKS, DIRECTOR AND EDWARD MCNELIS, DIRECTOR - FAMILY RELATIONSHIP >CHARLES GRAHAM, DIRECTOR AT LARGE AND TYLER GRAHAM, DIRECTOR - FAMILY RELATIONSHIP >THOMAS BRADBURY, DIRECTOR EMERITUS AND VAUGHN COOK, DIRECTOR - BUSINESS RELATIONSHIP >THOMAS BRADBURY, DIRECTOR EMERITUS AND JOHN HAMMES, DIRECTOR - BUSINESS RELATIONSHIP
FORM 990, PART VI, SECTION A, LINE 6   THE AMERICAN QUARTER HORSE ASSOCIATION IS A NONPROFIT CORPORATION WHICH IS COMPRISED OF NEARLY 300,000 MEMBERS WORLD WIDE. THE MEMBERS IN ATTENDANCE EACH HAVE A VOTE AT THE ANNUAL MEMBERSHIP MEETINGS. THESE MEMBERS ARE DIVIDED INTO GEOGRAPHICAL AREAS REPRESENTING STATES, PROVINCES, COUNTRIES OR REGIONS. THESE MEMBERS ARE REPRESENTED ON THE BOARD OF DIRECTORS. THE TOTAL NUMBER OF ELECTED DIRECTORS IS 150. THE NUMBER OF DIRECTORS REPRESENTING AN AREA IS DETERMINED BY THE NUMBER OF REGISTERED AMERICAN QUARTER HORSES IN THEIR GEOGRAPHIC REGION. THE MEMBERS FROM EACH REGION ELECT THE DIRECTORS FROM THEIR REGION. THE MEMBERS APPROVE ALL DECISIONS OF THE BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE AT THE ANNUAL MEETING. SEE SECTION II & III OF THE BYLAWS.
FORM 990, PART VI, SECTION A, LINE 7A   THE BOARD OF DIRECTORS IS COMPRISED OF THESE ELECTED DIRECTORS (NOTED IN #6), PAST PRESIDENTS, DIRECTORS EMERITI, DIRECTORS-AT-LARGE, HONORARY VICE-PRESIDENTS AND APPOINTED INTERNATIONAL DIRECTORS. ALL OF THESE HAVE VOTING RIGHTS ON THE BOARD OF DIRECTORS PROVIDED THEY ADHERE TO THE POLICIES TO MAINTAIN THEIR VOTING RIGHTS. THE BOARD OF DIRECTORS MEETS ANNUALLY AT THE ANNUAL MEMBERSHIP MEETING. THE BOARD OF DIRECTORS ELECTS THE EXECUTIVE COMMITTEE, WHICH HAS ALL RIGHTS OF THE BOARD OF DIRECTORS EXCEPT THE POWER TO CHANGE BYLAWS AND ANY RULES PERTAINING TO THE REGISTRATION OF HORSES. THE EXECUTIVE COMMITTEE IS A FIVE MEMBER COMMITTEE CONSISTING OF THE PRESIDENT, FIRST VICE PRESIDENT, SECOND VICE PRESIDENT AND TWO MEMBERS. SEE SECTION IV & V OF THE BYLAWS.
FORM 990, PART VI, SECTION A, LINE 7B   THE DECISIONS OF THE EXECUTIVE COMMITTEE ARE APPROVED BY THE BOARD OF DIRECTORS. THE ACTIONS OF THE BOARD OF DIRECTORS ARE APPROVED BY THE MEMBERS AT THE ANNUAL MEMBERSHIP MEETING.
FORM 990, PART VI, SECTION B, LINE 11   THE 990 IS COMPLETED WITH THE ASSISTANCE OF THE ACCOUNTING DEPARTMENT IN CONJUNCTION WITH THE TREASURER. THE 990 IS THEN REVIEWED BY THE TREASURER AND THE EXECUTIVE VICE PRESIDENT. THE FINAL APPROVAL BEFORE IT IS FILED COMES FROM THE EXECUTIVE COMMITTEE WHICH HAS ALL RIGHTS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE AND THE INVESTMENT OVERSIGHT COMMITTEE ALSO SERVE AS THE AUDIT COMMITTEE FOR THE ORGANIZATION. AFTER FILING, THE 990 IS AVAILABLE TO ANYONE UPON REQUEST.
  FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO FILL OUT THE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS. ALL OF THESE RESPONSES ARE REVIEWED BY THE EXECUTIVE COMMITTEE TO DETERMINE WHERE CONFLICTS EXIST.
  FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE APPROVES COMPENSATION FOR ALL STAFF INCLUDING THE EXECUTIVE VICE PRESIDENT, TREASURER AND KEY EMPLOYEES. THEY HAVE COMPARABILITY DATA AVAILABLE TO REVIEW FOR BOTH NONPROFIT AND FOR PROFIT CORPORATIONS. THEY HAVE RECEIVED INDEPENDENT REVIEWS OF THE EXECUTIVE VICE PRESIDENT'S COMPENSATION IN THE PAST, BUT IT IS NOT DONE ON AN ANNUAL BASIS. THE DOCUMENTATION OF THEIR DECISIONS IS REFLECTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE MEETINGS.
  FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS ARE PRINTED IN THE ANNUAL OFFICIAL HANDBOOK THAT IS DISTRIBUTED TO ALL MEMBERS AND IS POSTED ON THE AQHA WEBSITE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE AQHA WEBSITE AND AVAILABLE UPON REQUEST. THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE PRESENTED TO THE MEMBERS AT THE ANNUAL MEETING AND THEN POSTED ON THE AQHA WEBSITE. IN ADDITION, EACH DIRECTOR RECEIVES QUARTERLY UNAUDITED FINANCIALS TO SHARE WITH THE MEMBERS THEY REPRESENT.
CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,768,194.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income
(e)
End-of-year assets


 		(f)
Direct controlling
entity

















Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled organization
Yes No
(1) AMERICAN QUARTER HORSE FOUNDATION

PO BOX 32111

AMARILLO,TX79120
51-0187823 		SUPPORT OF EDUCATIONAL PROJECTS OF INTEREST TO DEVOTEES OF THE QUARTER HORSE TX 501(C)(3) 11 - TYPE 1 NONE
 
 
No












For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



 		(b)
Primary activity



 		(c)
Legal domicile
(state or
foreign
country)
 		(d)
Direct controlling
entity


 		(e)
Type of entity
(C corp, S corp,
or trust)

 		(f)
Share of total income



 		(g)
Share of
end-of-year
assets

 		(h)
Percentage
ownership












Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
Yes
 
c Gift, grant, or capital contribution from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Performance of services or membership or fundraising solicitations for other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations by other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of paid employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Reimbursement paid to other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid by other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
Yes
 
q Other transfer of cash or property to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization 		(b)
Transaction
type(a-r) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) AMERICAN QUARTER HORSE FOUNDATION

 B 502,461  
(2) AMERICAN QUARTER HORSE FOUNDATION

 P 491,000  
(3)
(4)
(5)
(6)
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Are all
partners
section
501(c)(3)
organizations? 		(e)
Share of
end-of-year
assets 		(f)
Disproprtionate allocations? 		(g)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065) 		(h)
General or
managing
partner?
Yes No Yes No Yes No






























Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
Additional Data


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