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Nonprofit · EIN 27-1434965

NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC

Tax-exempt (reinstated) · WEATHERFORD, TX 76086

Financials

$842K$473K2023$637K$451K2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$636,739$451,276$185,463$1,585,276$3,761$1,581,515
December 31, 2023990 (amended)$841,923$472,988$368,935$1,419,044$7,908$1,411,136
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$619,124
Program service revenue
$0
Investment income
$84,053
Net gain from sales of assets
$54,272
Net income from fundraising events
-$66,438
Other revenue
-$66,438

Expenses

Grants and similar amounts paid
$44,457
Compensation of officers, directors and key employees
$0
Other salaries and wages
$86,768
Salaries, compensation and benefits (total)
$86,768
Professional fundraising fees
$0
Legal fees
$708
Accounting fees
$6,000
Travel
$121,860
Program services (functional)
$445,998
Management and general (functional)
$3,618
Fundraising (functional)
$1,660

Balance sheet and other

Total assets, start of year
$1,419,044
Total assets, end of year
$1,585,276
Total liabilities, end of year
$3,761
Net assets, end of year
$1,581,515
Publicly traded securities
$481,502
Net assets without donor restrictions
$576,270
Net assets with donor restrictions
$1,005,245
Gross receipts
$1,099,455
Employees
0
Volunteers
9
Year formed
2009
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHANIE LYNNExecutive Dir.
Officer
2.5$0$171,002$5,408
RYAN COTTINGIMCHAIR
Trustee or director, Officer
1$0$0$0
BARBARA CRAWFORDCHAIR ELECT
Trustee or director, Officer
0.25$0$0$0
LANCE BRYSONTreasurer
Trustee or director, Officer
0.25$0$0$0
PATTY VATTEROTTDirector
Trustee or director
0.25$0$0$0
NANCY DITTYDirector
Trustee or director
0.25$0$0$0
JENNIFER LEAVENGOODDirector
Trustee or director
0.25$0$0$0
BOB KENNEDYDirector
Trustee or director
0.25$0$0$0
ROBIN SOWELLDirector
Trustee or director
0.25$0$0$0
DEVON MARTINDirector
Trustee or director
0.25$0$0$0
JOHN HALPINDirector
Trustee or director
0.25$0$0$0
BETH HARTMANPAST CHAIR
Trustee or director, Officer
0.25$0$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgs
STEPHANIE LYNNExecutive Dir.
Officer
2.5$0$165,000
BETH HARTMANCHAIR
Trustee or director, Officer
0.2$0$0
RYAN COTTINGIMCHAIR ELECT
Trustee or director, Officer
0.2$0$0
LANCE BRYSONTreasurer
Trustee or director, Officer
0.2$0$0
BARBARA CRAWFORDDirector
Trustee or director
0.2$0$0
NANCY DITTYDirector
Trustee or director
0.2$0$0
JENNIFER LEAVENGOODDirector
Trustee or director
0.2$0$0
BOB KENNEDYDirector
Trustee or director
0.2$0$0
ROBIN SOWELLDirector
Trustee or director
0.2$0$0
DEVON MARTINDirector
Trustee or director
0.2$0$0
JOHN HALPINDirector
Trustee or director
0.2$0$0

Address and contacts

Address (IRS master file)
120 MESA ST, WEATHERFORD, TX 76086-4671
In care of
% STEPHANIE LYNN
Principal officer (990 for 2024)
STEPHANIE LYNN, 120 MESA ST, WEATHERFORD, TX 76086
Signed the 990
RYAN COTTINGIM, CHAIR
Phone
(847) 623-6722
Return prepared by
Sutton Frost Cary LLP

Mission

FOUNDED IN 2009, THE FOUNDATION IS A CHARITABLE AND EDUCATIONAL ORGANIZATION DEDICATED TO SUPPORTING THE EQUINE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • Tomorrows Horsemen educational a two year program to educate and assist emerging equine professionals so they can create a sustainable business.
    Expenses $190,924 · grants $5,200
  • Equestrians with Disabilities inclusion and fostering national sports competition for riders with all abilities.
    Expenses $178,672 · grants $38,000
  • Coaches Summit - educational a program for all therapeutic riding instructors that want to start an equestrians with disabilities program or want to learn how to better their current programs.
    Expenses $76,402 · grants $1,257

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1434965
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1,904,144
Income (IRS master file)
$885,713

Revocation and reinstatement

Exemption revoked
November 15, 2012
Posted by the IRS
March 11, 2013
Reinstated
Effective March 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$636,739$451,276$1,585,276IRS
990December 2023$841,923$472,988$1,419,044XML
990December 2022$724,772$382,428$1,064,341IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1434965).

Questions about NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC

What is the EIN of NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC?
The employer identification number (EIN) of NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC is 27-1434965.
Is NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2012 and reinstated it effective March 15, 2014.
Are donations to NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC?
The 990 for the year ended December 31, 2024 names STEPHANIE LYNN.
Who are the officers and directors of NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does NATIONAL SNAFFLE BIT ASSOCIATION FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $636,739, expenses of $451,276 and total assets of $1,585,276 at year end.

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