Powered by CharityEZ

Charity report ready

OKLAHOMA QUARTER HORSE RACING ASSOCIATION INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

OKLAHOMA QUARTER HORSE RACING ASSOCIATION INC

EIN 73-1348198 · Professional Athletic Leagues (N80)

What they do

to PROMOTE and PROTECT THE INTEREST of THE OKLAHOMA RACING QUARTER HORSE and THE OWNERS, BREEDERS, and TRAINERS of RACING QUARTER HORSES and ALL OTHER BREEDS PARTICIPATING IN RACING IN OKLAHOMA to PROVIDE A FORUM for DISCUSSION of LEGISLATIVE ISSUES WHICH MIGHT IMPACT QUARTER HORSE RACING and BREEDING and ALL of THE OTHER BREEDS PARTICIPATING IN RACING and BREEDING of RACEHORSES IN OKLAHOMA; to PROVIDE A VEHICLE for UNITED ACTION ON SUCH ISSUES WITH THE LEGISLATURE, THE OKLAHOMA HORSE RACING COMMISSION and OTHER RACE or BREED ORGANIZATIONS IN OKLAHOMA RACE TRACKS AND; to REPRESENT OFFICIALLY or UNOFFICIALLY OWNERS, TRAINERS and BREEDERS AT ALL OKLAHOMA RACE TRACKS AND; to ACTIVELY and AGGRESSIVELY PROMOTE RACING of ALL BREEDS INCLUDING QUARTER HORSE RACING to THE PUBLIC, AND; to PROMOTE RESEARCH IN EQUINE HEALTH, BREEDING and TRAINING and to EDUCATE THE MEMBERSHIP IN NEW IDEAS and TECHNIQUES, AND; to EDUCATE and INFORM THE PUBLIC ABOUT THE RACING QUARTER HORSE IN OKLAHOMA to IMPROVE TH

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

102.68%of revenue went to mission work100.0% of expenses · Program services
$96.94spent for every $100 of revenueRevenue covered expenses this year.
$1.54in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,799,288
Mission workProgram services$1,847,461102.68% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$1,847,461102.68% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2020CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 102.68% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 86.02% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 101.26% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.14% of revenue
2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 88.37% of revenue

Money in and money out

Revenue$2,537,482
Expenses$2,459,902
Annual surplus $77,580 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,847,461 · 75.1% of expenses
See all reported dollar amounts
Revenue$2,537,482
Expenses$2,459,902
Assets$3,777,288
Income$2,537,482
Mission work (program services)$1,847,461
Accounting fees$15,875
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (18)

GARY WALKERDIRECTOR

WILLIAM SMITHDIRECTOR

WENDY INGERSOLL KEENERDIRECTOR/TRE

STEVE HOLTDIRECTOR

STACY CHARETTE HILLDIRECTOR

MICAH MCKINNEYDIRECTOR

MATT WITMANDIRECTOR/VIC

LAKE NEWCOMBDIRECTOR/PRE

JEFF TEBOWDIRECTOR

ALLEN HYBSHATRUSTEE/DIRE

EDDIE WILLISDIRECTOR

ED MELZERDIRECTOR/EME

DEE RAPERTRUSTEE/DIRE

CONNIE BARNESDIRECTOR/SEC

CARL PEVEHOUSEDIRECTOR

BUTCH WISEDIRECTOR/EME

BEN HUDSONOUT STATE DI

ANGIE DEANDIRECTOR

About this charity

Recognized since
January 1991
Location
3317 E MEMORIAL RD STE 102, EDMOND, OK 73013-7095
County
Oklahoma
In care of
LAKE NEWCOMB
Primary officer
LAKE NEWCOMB, DIRECTOR/PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
LESLIE C VAUGHN CPA PLLC
NTEE classification
Professional Athletic Leagues (N80)
IRS tax category
Professional Athletic Leagues

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free