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Breeders Invitational C/O Robert O'Bannon

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

EIN: 943288983 ✦ Bakersfield, CA ✦ Designated as a 501(c)(5)

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Overview

What is Breeders Invitational C/O Robert O'Bannon?

Breeders Invitational C/O Robert O'Bannon is a nonprofit organization primarily known for hosting an annual cutting horse event in May, specifically in Tulsa, Oklahoma. Its primary mission is to encourage, promote, advertise, and develop cutting horses. The organization uses various methods to achieve this goal, but specific details about these methods are not provided in the information. The event's location and the nonprofit's name are the main pieces of information given, along with Robert O'Bannon's association with it. The organization's address, located in Bakersfield, California, is provided as a PO Box.


Official website here: www.breedersinvitational.com

Is Breeders Invitational C/O Robert O'Bannon legitimate?

Breeders Invitational C/O Robert O'Bannon is a legitimate nonprofit organization registered as a 501(c)(5) entity. Breeders Invitational C/O Robert O'Bannon 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.breedersinvitational.com

What is the mission statement of Breeders Invitational C/O Robert O'Bannon?

The Breeders Invitational, an annual event, is dedicated to encouraging, promoting, advertising, and developing cutting horses. Their mission is centered around boosting the popularity and advancement of this specific equine breed. By doing so, they aim to enhance the sport and breeding of cutting horses, ultimately contributing to their growth and development.


Official website here: www.breedersinvitational.com

Who is the CEO of Breeders Invitational C/O Robert O'Bannon?

Robert O'Bannon is the Director of Breeders Invitational C/O Robert O'Bannon.


Official website here: www.breedersinvitational.com

What is the revenue of Breeders Invitational C/O Robert O'Bannon?

Breeders Invitational C/O Robert O'Bannon's revenue in 2022 was $2,173,232.


Official website here: www.breedersinvitational.com

Who are the executives of Breeders Invitational C/O Robert O'Bannon and what are their salaries?

There 5 volunteers at Breeders Invitational C/O Robert O'Bannon.


Here are 6 key members and their salaries:


Dustin Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hayworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Holmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert O'Bannon (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $107,500


Official website here: www.breedersinvitational.com

Where can I find the form 990 for Breeders Invitational C/O Robert O'Bannon?

Breeders Invitational C/O Robert O'Bannon's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.breedersinvitational.com

Learn more at the official website: www.breedersinvitational.com

Mission Statement of Breeders Invitational C/O Robert O'Bannon

Breeders Invitational C/O Robert O'Bannon, a notable entity, is dedicated to encouraging, promoting, advertising, and developing cutting horses. This mission is a significant part of its activities and is aimed at uplifting and advancing the breed of cutting horses. The organization accomplishes this through an annual cutting horse event held during May in Tulsa, Oklahoma. This event serves as a platform to showcase and foster the growth of cutting horses, contributing to their overall development. The Breeders Invitational C/O Robert O'Bannon plays a crucial role in promoting the sport and breed of cutting horses, encouraging both enthusiasts and professionals to participate and contribute to its growth.

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Impact




October, 2024

The Breeders Invitational C/O Robert O'Bannon plays a significant role in the cutting horse industry by fostering growth and engagement among enthusiasts and competitors. Held annually in May in Tulsa, Oklahoma, this premier event showcases the skills and talents of cutting horses, drawing participants and spectators from across the nation.

Its mission to encourage, promote, advertise, and develop cutting horses helps to elevate the profile of the sport, attract new riders, and maintain interest among established competitors. By providing a platform for showcasing exceptional equine talent and horsemanship, the event enhances the overall quality of competition and camaraderie within the cutting community.

Beyond the competitive aspect, the event stimulates local economies in Tulsa by attracting visitors, including riders, trainers, and horse enthusiasts, contributing to hospitality, food, and retail sectors. Thus, the Breeders Invitational stands as a vital institution that not only celebrates cutting horses but also promotes agricultural traditions and economic activity in the region.




This information is meant to be a general summary of Breeders Invitational C/O Robert O'Bannon. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,173,232 (2022)
Expenses
$2,286,131 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27,705
  • Program Service Revenue: $1,774,182
  • Gross Receipts: $2,173,232

Assets and Liabilities:

  • Total Assets: $663,444
  • Total Liabilities: $0
  • Net Assets: $663,444

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Programs

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

BREEDERS INVITATIONAL INCOME

Revenue

$1,704,182

SPONSORSHIP INCOME

Revenue

$70,000

Organization Details

Founding Year

1999

Principal Officer

Robert O'Bannon

Main Address

PO BOX 9398, BAKERSFIELD, CA, 93389

NTEE Category

Code: K26 - Food

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