TY 2019 Form 990EZ

Form990EZ

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-1150

2019

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
KENTUCKY TENNESSEE RED ANGUS
ASSOCIATION INC

Number and street (or P. O. box, if mail is not delivered to street address)PO BOX 249
Room/suite

City or town, state or province, country, and ZIP or foreign postal code SEBREE, KY42455

D Employer identification number

45-5178037

E Telephone number

(606) 305-3663

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? THE KENTUCKY TENNESSEE RED ANGUS ASSOCIATION, INC. WAS ORGANIZED TO PROVIDE ITS MEMBERS AND THEIR CUSTOMERS WITH INNOVATIVE PROGRAMS AND SERVICES TO CONTINUE ADVANCING THE QUALITY, RELIABILITY AND VALUE OF THE RED ANGUS BREED OF BEEF CATTLE USED IN THE COMMERCIAL BEEF INDUSTRY. THE ORGANIZATION IS TO FOSTER AND DEVELOP THE BREEDING AND MARKETING OF RED ANGUS BEEF CATTLE THROUGH THE PARTICIPATION IN RESEARCH PROGRAMS, PROVIDING EDUCATIONAL PROGRAMS TO ITS MEMBERS ON BREEDING, MARKETING, HERD MANAGEMENT, TO MAINTAIN PEDIGREE AND BREEDING PERFORMANCE INFORMATION, TO PROMOTE THE RED ANGUS BREED OF BEEF CATTLE TO BOTH PRODUCERS AND CONSUMERS.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 ANNUAL CONFERENCE AND EDUCATIONAL PROGRAMS (Grants $ 525) If this amount includes foreign grants, check here ...			28a	8,623
29 MAINTENANCE OF BREEDER AND PEDIGREE REGISTRY (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 MARKETING PROGRAMS - ANNUAL RED ANGUS MARKETING SALE (Grants $ ) If this amount includes foreign grants, check here ...			30a	86,271
YOUTH PROGRAMS - THE FUNDING OF THE JUNIOR RED ANGUS PROGRAM (Grants $ ) If this amount includes foreign grants, check here ...
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	94,894

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
SCOTT TAYLOR CO-CHAIRMAN	000.00	0
JOHNNIE L CUNDIFF CO-CHAIRMAN	000.00	0
KIMBERLY J BANKS DIRECTOR	000.00	0
TIM PRATHER DIRECTOR	000.00	0
NATHAN HICKS DIRECTOR	000.00	0
JOHN ETHINGTON DIRECTOR	000.00	0
JEFFREY V PETTIT DIRECTOR	000.00	0
DAVE CROUCH DIRECTOR	000.00	0
ENNIS WALLACE DIRECTOR	000.00	0
KARA CUNDIFF PRATHER TREASURER	000.00	0

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation

Return Reference	Explanation
FORM 990-EZ, PART I, LINE 16	EXPENSES ADVERTISING 792 OFFICE SUPPLIES 203 COMPUTER & INTERNET EXPENSES 3,310 CONSIGNOR PAYOUTS 76,993 SUPPLIES 2,386 CONTRACT LABOR 350 MEALS 105 BANK SERVICE CHARGES 12 MISCELLANEOUS EXPENSE 698 TOTAL 84,849
FORM 990-EZ, PART III	THE KENTUCKY TENNESSEE RED ANGUS ASSOCIATION, INC. WAS ORGANIZED TO PROVIDE ITS MEMBERS AND THEIR CUSTOMERS WITH INNOVATIVE PROGRAMS AND SERVICES TO CONTINUE ADVANCING THE QUALITY, RELIABILITY AND VALUE OF THE RED ANGUS BREED OF BEEF CATTLE USED IN THE COMMERCIAL BEEF INDUSTRY. THE ORGANIZATION IS TO FOSTER AND DEVELOP THE BREEDING AND MARKETING OF RED ANGUS BEEF CATTLE THROUGH THE PARTICIPATION IN RESEARCH PROGRAMS, PROVIDING EDUCATIONAL PROGRAMS TO ITS MEMBERS ON BREEDING, MARKETING, HERD MANAGEMENT, TO MAINTAIN PEDIGREE AND BREEDING PERFORMANCE INFORMATION, TO PROMOTE THE RED ANGUS BREED OF BEEF CATTLE TO BOTH PRODUCERS AND CONSUMERS.
FORM 990-EZ, PART III, LINE 31	YOUTH PROGRAMS - THE FUNDING OF THE JUNIOR RED ANGUS PROGRAM

Return Reference

Explanation

FORM 990-EZ, PART I, LINE 16

EXPENSES ADVERTISING 792 OFFICE SUPPLIES 203 COMPUTER & INTERNET EXPENSES 3,310 CONSIGNOR PAYOUTS 76,993 SUPPLIES 2,386 CONTRACT LABOR 350 MEALS 105 BANK SERVICE CHARGES 12 MISCELLANEOUS EXPENSE 698 TOTAL 84,849

FORM 990-EZ, PART III

THE KENTUCKY TENNESSEE RED ANGUS ASSOCIATION, INC. WAS ORGANIZED TO PROVIDE ITS MEMBERS AND THEIR CUSTOMERS WITH INNOVATIVE PROGRAMS AND SERVICES TO CONTINUE ADVANCING THE QUALITY, RELIABILITY AND VALUE OF THE RED ANGUS BREED OF BEEF CATTLE USED IN THE COMMERCIAL BEEF INDUSTRY. THE ORGANIZATION IS TO FOSTER AND DEVELOP THE BREEDING AND MARKETING OF RED ANGUS BEEF CATTLE THROUGH THE PARTICIPATION IN RESEARCH PROGRAMS, PROVIDING EDUCATIONAL PROGRAMS TO ITS MEMBERS ON BREEDING, MARKETING, HERD MANAGEMENT, TO MAINTAIN PEDIGREE AND BREEDING PERFORMANCE INFORMATION, TO PROMOTE THE RED ANGUS BREED OF BEEF CATTLE TO BOTH PRODUCERS AND CONSUMERS.

FORM 990-EZ, PART III, LINE 31

YOUTH PROGRAMS - THE FUNDING OF THE JUNIOR RED ANGUS PROGRAM

1	Contributions, gifts, grants, and similar amounts received ....................	1
2	Program service revenue including government fees and contracts ................	2	98,056
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4	2
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b
c	Less: direct expenses from gaming and fundraising events ...	6c
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	98,058

10	Grants and similar amounts paid (list in Schedule O) ................	10	525
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12
13	Professional fees and other payments to independent contractors ............	13	13,533
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15	1,660
16	Other expenses (describe in Schedule O) ...................	16	84,849
17	Total expenses. Add lines 10 through 16 .................	17	100,567

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-2,509
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	11,616
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	9,107

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