TY 2013 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(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

(1) Nancy A Martin........................................................................
Pres/Director

8.00
.......................0.00

(2) Daralee Lindsay........................................................................
Exec Sec/Direct

2.00
.......................0.00

(3) Marty Simper........................................................................
Vice Pres/Direc

6.00
.......................0.00

(4) Jennifer McClain........................................................................
Sec/Director

1.00
.......................0.00

(5) Brent Christensen........................................................................
Director

1.00
.......................0.00

(6) Ken Cochrane........................................................................
Director

1.00
.......................0.00

(7) Jennifer Fishbach........................................................................
Director

1.00
.......................0.00

(8) Andy Fishburn........................................................................
Director

.50
.......................0.00

(9) Shamus Haws........................................................................
Director

1.00
.......................0.00

(10) Lisa Housel........................................................................
Director

2.00
.......................0.00

(11) Mike Jung........................................................................
Director

4.00
.......................0.00

(12) Robbin Jung........................................................................
Director

2.00
.......................0.00

(13) Barbara Kane........................................................................
Director

2.00
.......................0.00

(14) Jim Montgomery........................................................................
Director

1.00
.......................0.00

(15) Tiffany Montgomery........................................................................
Director

2.00
.......................0.00

(16) Charles Heaton........................................................................
Vice President

6.00
.......................0.00

(17) Steve Berry........................................................................
Director

1.00
.......................0.00

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(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

(18) Cody Allred........................................................................
Director

1.00
.......................0.00

(19) Chris Mitchell........................................................................
Director

1.00
.......................0.00

(20) Candace Giles........................................................................
Director

0.00
.......................0.00

(21) Sam Christensen........................................................................
Director

1.00
.......................0.00

(22) Dan Baker........................................................................
Director

0.00
.......................0.00

(23) Kevin Birrell........................................................................
Director

1.00
.......................0.00

(24) David Payne........................................................................
Director

2.00
.......................0.00

(25) Kory Trapp........................................................................
Director

1.00
.......................0.00

(26) Ron Moosman........................................................................
Director

0.00
.......................0.00

(27) Greg Torgerson........................................................................
Director

0.00
.......................0.00

(28) Jeannie Hullinger........................................................................
Sec/Director

24.00
.......................0.00

14,400

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

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 United States. See Part IV, line 21	0
2	Grants and other assistance to individuals in the United States. See Part IV, line 22	0
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16	0
4	Benefits paid to or for members	0
5	Compensation of current officers, directors, trustees, and key employees ....	14,400
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....	0
7	Other salaries and wages	25,501	25,374	127
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	0
9	Other employee benefits .......	0
10	Payroll taxes ...........	2,100	2,100
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	957		957
c	Accounting ...........	0
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	0
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........	20,959	20,697	262
12	Advertising and promotion ....	10,073	9,928	145
13	Office expenses .......	3,176	16	3,160
14	Information technology ......	72		72
15	Royalties ..	0
16	Occupancy ...........	4,749	4,749
17	Travel ............	0
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......	0
19	Conferences, conventions, and meetings ....	3,899		3,899
20	Interest ...........	0
21	Payments to affiliates .......	3,710		3,710
22	Depreciation, depletion, and amortization .....	1,743
23	Insurance ..............	2,233	2,233
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	Race Purse Money	178,138	178,138
b	Horse Sale Consignment	84,556	84,556
c	Rose Circuit Show Expenses	37,488	37,488
d	Race Day Expenses	8,590	8,590
e	All other expenses	53,727	46,771	6,956
25	Total functional expenses. Add lines 1 through 24e	456,071	420,640	19,288	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.

(A)
Total expenses

(B)
Program service expenses

(D)
Fundraising expenses

Grants and other assistance to governments and organizations in the United States. See Part IV, line 21

Grants and other assistance to individuals in the United States. See Part IV, line 22

Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16

Benefits paid to or for members

Compensation of current officers, directors, trustees, and key employees ....

14,400

Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....

Other salaries and wages

25,501

25,374

127

Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....

Other employee benefits .......

Payroll taxes ...........

2,100

Fees for services (non-employees):

Management ......

Legal .........

957

Accounting ...........

Lobbying ...........

Professional fundraising services. See Part IV, line 17

Investment management fees ......

Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........

20,959

20,697

262

Advertising and promotion ....

10,073

9,928

145

Office expenses .......

3,176

3,160

Information technology ......

Royalties ..

Occupancy ...........

4,749

Travel ............

Payments of travel or entertainment expenses for any federal, state, or local public officials ......

Conferences, conventions, and meetings ....

3,899

Interest ...........

Payments to affiliates .......

3,710

Depreciation, depletion, and amortization .....

1,743

Insurance ..............

2,233

Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)

Race Purse Money

178,138

Horse Sale Consignment

84,556

Rose Circuit Show Expenses

37,488

Race Day Expenses

8,590

All other expenses

53,727

46,771

6,956

Total functional expenses. Add lines 1 through 24e

456,071

420,640

19,288

Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet

if following SOP 98-2 (ASC 958-720).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............	307,621	1	138,438
2	Savings and temporary cash investments .........	56,000	2	182,000
3	Pledges and grants receivable, net ...........		3	0
4	Accounts receivable, net .............	1,181	4	0
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6	0
7	Notes and loans receivable, net .............		7	0
8	Inventories for sale or use ..............		8	0
9	Prepaid expenses and deferred charges ..........		9	0
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	30,238
b	Less: accumulated depreciation .....	10b	1,743	19,363	10c	28,495
11	Investments—publicly traded securities ..........		11	0
12	Investments—other securities. See Part IV, line 11 .....		12	0
13	Investments—program-related. See Part IV, line 11 .....		13	0
14	Intangible assets ...............		14	0
15	Other assets. See Part IV, line 11 ...........		15	0
16	Total assets. Add lines 1 through 15 (must equal line 34)......	384,165	16	348,933
	17	Accounts payable and accrued expenses .........		17	3,801
18	Grants payable .................		18
19	Deferred revenue ................		19
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..		21
22	Loans and other 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 (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................	56,000	25	101,677
26	Total liabilities. Add lines 17 through 25.........	56,000	26	105,478
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............	328,165	27	243,455
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets ...........		29
	Organizations that do not follow SFAS 117 (ASC 958), check here 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 ...........	328,165	33	243,455
34	Total liabilities and net assets/fund balances ........	384,165	34	348,933

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............

(A)
Beginning of year

(B)
End of year

Cash–non-interest-bearing .............

307,621

138,438

Savings and temporary cash investments .........

56,000

182,000

Pledges and grants receivable, net ...........

Accounts receivable, net .............

1,181

Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................

Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L

Notes and loans receivable, net .............

Inventories for sale or use ..............

Prepaid expenses and deferred charges ..........

10a

Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D

10a

30,238

Less: accumulated depreciation .....

10b

1,743

19,363

10c

28,495

Investments—publicly traded securities ..........

Investments—other securities. See Part IV, line 11 .....

Investments—program-related. See Part IV, line 11 .....

Intangible assets ...............

Other assets. See Part IV, line 11 ...........

Total assets. Add lines 1 through 15 (must equal line 34)......

384,165

348,933

Accounts payable and accrued expenses .........

3,801

Grants payable .................

Deferred revenue ................

Tax-exempt bond liabilities .............

Escrow or custodial account liability. Complete Part IV of Schedule D..

Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified

persons. Complete Part II of Schedule L..........

Secured mortgages and notes payable to unrelated third parties ..

Unsecured notes and loans payable to unrelated third parties ....

Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................

56,000

101,677

Total liabilities. Add lines 17 through 25.........

56,000

105,478

Organizations that follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 27 through 29, and lines 33 and 34.

Unrestricted net assets ..............

328,165

243,455

Temporarily restricted net assets ...........

Permanently restricted net assets ...........

Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 30 through 34.

Capital stock or trust principal, or current funds ........

Paid-in or capital surplus, or land, building or equipment fund .....

Retained earnings, endowment, accumulated income, or other funds

Total net assets or fund balances ...........

328,165

243,455

Total liabilities and net assets/fund balances ........

384,165

348,933

	(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 ........


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, and not on a historic structure listed in the National Register ....................	2d

		Amount
c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
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 XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1.....................	3
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 XIII.) ...........	4b
c	Add lines 4a and 4b.......................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
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 XIII.) ............	2d
e	Add lines 2a through 2d......................	2e
3	Subtract line 2e from line 1.....................	3
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 XIII.) ............	4b
c	Add lines 4a and 4b.......................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

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.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public
Inspection

Name of the organization

Utah Quarter Horse Association Inc

Employer identification number

87-0480697

Return Reference	Explanation
Form 990, Part III, Line 4d: Other Program Services Description	OTHER PROGRAM SERVICES 4: Horse showing activities including youth divisions
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et	Two of the board members are husband and wife.
Form 990, Part VI, Line 11b: Form 990 Review Process	No review was or will be conducted.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	No documents available to the public.
Form 990, Part IX, Line 24e: Other Expenses	Awards Banquet Expense: Column (A) - Total = $568; Column (B) - Program Services = $568; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Awards: Column (A) - Total = $4349; Column (B) - Program Services = $1669; Column (C) - Management & General = $2680; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Awards-Show Division: Column (A) - Total = $7163; Column (B) - Program Services = $7163; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Awards-Youth Division: Column (A) - Total = $5688; Column (B) - Program Services = $5688; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Bank Charges & CC Fees: Column (A) - Total = $40; Column (B) - Program Services = $40; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Car & Truck Expenses: Column (A) - Total = $120; Column (B) - Program Services = $0; Column (C) - Management & General = $120; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Credit Card Fees: Column (A) - Total = $1093; Column (B) - Program Services = $1028; Column (C) - Management & General = $65; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Equipment Rentl: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Fundraising Expenses: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Horse Sale Expenses: Column (A) - Total = $7262; Column (B) - Program Services = $7262; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Horse Show Circuit Expenses: Column (A) - Total = $6142; Column (B) - Program Services = $6142; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	No Bling Show Expense: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Open Show Expense: Column (A) - Total = $2202; Column (B) - Program Services = $2202; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Postage and Shipping: Column (A) - Total = $2698; Column (B) - Program Services = $0; Column (C) - Management & General = $2698; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Printing and Publications: Column (A) - Total = $4577; Column (B) - Program Services = $4326; Column (C) - Management & General = $251; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Race Supplies: Column (A) - Total = $4389; Column (B) - Program Services = $4389; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Repairs & Maintenance: Column (A) - Total = $150; Column (B) - Program Services = $150; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Show Approval-Youth Div: Column (A) - Total = $580; Column (B) - Program Services = $580; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Show Expenses : Column (A) - Total = $180; Column (B) - Program Services = $180; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Small Tools & Equipment: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	World Show Expense: Column (A) - Total = $2241; Column (B) - Program Services = $2241; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Year End Awards : Column (A) - Total = $4285; Column (B) - Program Services = $3143; Column (C) - Management & General = $1142; Column (D) - Fundraising = $0

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2013

Additional Data

Software ID:	13000170
Software Version:	2013v3.1

1	Briefly describe the organization’s mission or most significant activities: The Utah Quarter Horse Association, Inc. (the "Association), is a Utah non-profit corporation dedicated to promoting, preserving and fostering awareness in, and enjoyment of, the American Quarter Horse. In doing so, the Association seeks to provide wide availability for these opportunities and experiences to members of the general public who share these common desires and goals, through allowing membership in the Association. Opportunity for membership is open to the general public, without regard to race, religion, gender or national origin.The Association is affiliated with the American Quarter Horse Association ("AQHA"). Through that affiliation, members of the Association, and their American Quarter Horses participate in many AQHA events, such as the showing of horses, Versatility Ranch, riding programs and racing events. In addition, many members enjoy other activities with their Quarter Horses, such as: roping. cutting, trail riding, ranching, hunting and the like.The Association
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	28
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	0
5	Total number of individuals employed in calendar year 2013 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	12,307	14,183
9	Program service revenue (Part VIII, line 2g) .........	355,265	356,320
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	666	858
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)		0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	368,238	371,361
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	25,451	42,001
16a	Professional fundraising fees (Part IX, column (A), line 11e).....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	347,439	414,070
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	372,890	456,071
19	Revenue less expenses. Subtract line 18 from line 12.......	-4,652	-84,710
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	384,165	348,933
21	Total liabilities (Part X, line 26).............	56,000	105,478
22	Net assets or fund balances. Subtract line 21 from line 20.....	328,165	243,455

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 257,236 including grants of $ ) (Revenue $ 161,483 )
	Racing events

4b	(Code: ) (Expenses $ 96,691 including grants of $ ) (Revenue $ 111,364 )
	Race horse sales

4c	(Code: ) (Expenses $ 64,139 including grants of $ ) (Revenue $ 51,463 )
	Horse showing activities including youth divisions

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 4,316 including grants of $ ) (Revenue $ 8,012 )
4e	Total program service expenses422,382

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	14,400

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b		9,375
c	Fundraising events....1c		4,808
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.......			14,183
			Business Code
2a	Horse Racing Event			184,930	184,930
b	Horse Show Events			52,013	52,013
c	Race Horse Sales			111,364	111,364
d	Stallion Auction			8,013	8,013
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........			356,320
3	Investment income (including dividends, interest, and other similar amounts).......			858	858
4	Income from investment of tax-exempt bond proceeds..			0
5	Royalties...........			0
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......			0
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss)..........			0
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..			0
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...			0
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..			0
Miscellaneous Revenue			Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			0
12	Total revenue. See Instructions......			371,361	357,178

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....
b	Contributions ........
c	Net investment earnings, gains, and losses
d	Grants or scholarships .....
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....
g	End of year balance ......

Description of property		(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................
b	Buildings ................
c	Leasehold improvements ............
d	Equipment ................
e	Other .................	30,238	1,743	28,495
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......				28,495

(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
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability		(b) Book value
Federal income taxes
Futurity Obligations		101,676
Rounding		1







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		101,677
2. Liability for uncertain tax positions In Part XIII, 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 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................