nonprofit logo

American Quarter Horse Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510187823 ✦ Amarillo, TX ✦ Designated as a 501(c)(3)

Overview

What is American Quarter Horse Foundation?

The American Quarter Horse Foundation is a renowned nonprofit organization based in Amarillo, Texas. With a team of ten dedicated individuals, they strive to bridge the connection between horses and people through charitable giving. Their mission encompasses developing and supporting programs that preserve the American Quarter Horse's legacy and promote the overall well-being of the Quarter Horse family. These initiatives include scholarships, research, equine-assisted activities and therapies, a Hall of Fame & Museum, and other projects that resonate with the Quarter Horse community. The foundation welcomed approximately 11,092 visitors between October 1, 2021, and September 30, 2022, testifying to its impact on both the horse and human communities.


Official website here: www.aqha.com/foundation

Is American Quarter Horse Foundation legitimate?

American Quarter Horse Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Quarter Horse Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $141,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,219

For more financial information, click here


Official website here: www.aqha.com/foundation

What is the mission statement of American Quarter Horse Foundation?

The American Quarter Horse Foundation strives to bring horses and people together through charitable giving. Their mission is geared towards developing and supporting programs and initiatives that preserve the legacy of the American Quarter Horse and enhances the overall well-being of the Quarter Horse community. This includes scholarships, research, equine-assisted activities and therapies, and the Hall of Fame & Museum. By engaging in these efforts, the American Quarter Horse Foundation aims to make a positive impact on both the horses and the people within the Quarter Horse family.


Official website here: www.aqha.com/foundation

Who is the CEO of American Quarter Horse Foundation?

Karl Stressman is the Board Of Trustees Member of American Quarter Horse Foundation. The CEO's salary of American Quarter Horse Foundation is $0 and their total compensation is $0.


Official website here: www.aqha.com/foundation

What is the revenue of American Quarter Horse Foundation?

American Quarter Horse Foundation's revenue in 2022 was $2,524,277.


Official website here: www.aqha.com/foundation

Who are the executives of American Quarter Horse Foundation and what are their salaries?

The average compensation at American Quarter Horse Foundation during 2022 was $43,265. There are 10 employees and 217 volunteers at American Quarter Horse Foundation.

Here are 14 key members and their salaries (American Quarter Horse Foundation's CEO's salary is $0 and their total compensation is $0):

    Robert Pierce (General Counsel)
  • Compensation: $0
  • Related: $304,533
  • Other: $21,046

    • Aaron Bovos (Cfo & Treasurer)
  • Compensation: $0
  • Related: $277,805
  • Other: $23,951

    • Craig Huffines (Executive Vice President)
  • Compensation: $0
  • Related: $251,572
  • Other: $11,057

    • Christine Sitz (Chief Foundation Officer)
  • Compensation: $134,204
  • Related: $0
  • Other: $0

    • Jeff Tebow (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Brinkman (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Merrill (Appointed Board Of Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Nicholas (Appointed Board Of Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Bell (Appointed Board Of Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norm Luba (President Through March 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Scott Myers (President As Of March 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Banks (1St Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Hunt (2Nd Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Stressman (Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aqha.com/foundation

    Where can I find the form 990 for American Quarter Horse Foundation?

    The American Quarter Horse Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aqha.com/foundation

    Learn more at the official website: www.aqha.com/foundation

    Mission Statement of American Quarter Horse Foundation

    The American Quarter Horse Foundation is a charitable organization dedicated to fostering a connection between horses and people. By providing philanthropic giving, the Foundation supports and develops programs and initiatives that preserve the legacy of the American Quarter Horse and enhances the well-being of the Quarter Horse community.

    Through various means, the Foundation strives to enrich the lives of horses and people. It offers scholarships and research grants, bolstering the educational opportunities and progress within the Quarter Horse world. Furthermore, the Foundation supports equine-assisted activities and therapies, utilizing the innate bond between humans and horses to improve physical, emotional, and social well-being.

    The American Quarter Horse Foundation's efforts extend beyond these programs, as it also houses the Hall of Fame and Museum. This cultural institution celebrates the heritage and history of the Quarter Horse breed, offering a living tribute to the remarkable horses and their human companions. Lastly, the Foundation engages in various programs of interest to the Quarter Horse family, fostering a sense of community and unity within this distinct group.

    Impact

    This information is meant to be a general summary of American Quarter Horse Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The American Quarter Horse Foundation's impact is significant in connecting horses and people through charitable giving. By developing and supporting programs that preserve the horse's legacy and enhance the overall well-being of the American Quarter Horse and its community, the Foundation plays a crucial role in various initiatives such as scholarships, research, equine assisted activities and therapies, the Hall of Fame & Museum, and other programs of interest to the Quarter Horse family. Their efforts aim to honor the horses and individuals who have shaped the American Quarter Horse industry and inspire others to explore their passion for horses.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $485,825
  • Program Service Revenue: $163,311
  • Gross Receipts: $86,663,479

    • Assets and Liabilities:
  • Total Assets: $47,790,954
  • Total Liabilities: $320,201
  • Net Assets: $47,470,753
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMISSIONS

    Revenue

    $63,054

    AMERICA'S HORSE IN ART

    Revenue

    $59,887

    HALL OF FAME DEDICATION DINNER

    Revenue

    $40,370

    Organization Details

    Founding Year

    1975

    Principal Officer

    Karl Stressman

    Main Address

    PO BOX 200, AMARILLO, TX, 79168

    NTEE Category

    Code: D03 - Animals

    If you are a representative of American Quarter Horse Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.