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Reining Horse Sports Foundation Inc.

Reining Horse Sports Foundation Inc.

Oklahoma City, OK
Tax ID73-1575062

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About this organization

Revenue

$153,473

Expenses

$146,236

Website

reiningfoundation.com

Mission

Caring for the reining community and honoring the sport's legacy.

About

Youth: The youth program in fiscal year 2018, awarded $26,700 in scholarships made available by the foundation through several youth programs. The youth team tournament program awarded $8,200 in scholarships. These tournaments are held at the NRHA affiliate regional championship shows based on the results of the youth team tournament. Also of interest to youth is the reining horse foundation academic scholarships. Beginning in 2002, the scholarships were available to support the education of NRHA and NRHYA members. Scholarships are awarded based on financial need, academic achievement, career paths, NRHA involvement and references. In fiscal year 2018, $10,500 in academic scholarships were awarded by the foundation. Individuals who are awarded scholarships are eligible to claim their scholarship as they enter college. In fiscal year 2018, the foundation paid out $30,236 in scholarships.

Interesting data from their 2019 990 filing

In the filing, the mission of the non-profit is noted as “Caring for the reining community and honoring the sport's legacy.”.

When referring to its responsibilities, they were outlined as: “Caring for the reining community and honoring the sport's legacy.”.

  • The state in which the non-profit is legally registered to operate is OK, as per legal records.
  • The filing documents the non-profit's address in 2019 as 3021 W RENO AVE, OKLAHOMA CITY, OK, 73107.
  • According to the non-profit's form, they have 0 employees on their payroll as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $7,237.
  • The CEO compensation strategy within the organization is not based on a review and approval from an impartial entity.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 20 independent voting members.
  • The organization was formed in 2001.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $400 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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