Nrcha Foundation EIN 82-4846105

Nrcha Foundation

EIN  82-4846105 Public charity (501(c)(3)) Weatherford, TX
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Nrcha Foundation claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Supports cowhorse artists and industry members through scholarships, recognition, and emergency aid.
Leadership
Paul Bailey · Board Member
Money in and out
$59K revenue, $118K expenses
Bottom line
47.9mo operating runway

Supports cowhorse artists and industry members through scholarships, recognition, and emergency aid. For fiscal year 2025 it reported $59K in revenue, $118K in expenses, and $306K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$59K
Pt VIII · Ln 12
Total expenses
$118K
Pt IX · Ln 25
Net assets
$306K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$59K
Where spending went · Part IX cols B–D
Program services $0.74
Operating runway
47.9mo
months of highly liquid reserves at operating expense rate▼ -29% vs prior filing year
Surplus margin
-99%
revenue over expenses, this year▼ -261% vs prior filing year
Revenue trend
-8%
avg. annual growth over 5 years▼ -137% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$59K
FY2025▼ -71%
Expenses
$118K
FY2025▲ +49%
Total assets
$472K
FY2025▼ -3%
Total liabilities
$166K
FY2025▲ +36%
Total revenue
$59K
Pt VIII · Ln 12
Total expenses
$118K
Pt IX · Ln 25
Net assets
$306K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$59K
Total assetsPt X · Ln 16$472K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $53K of program spending, described in the organization's own filed words · FY2024.
01

Scholarship grants awarded to youth riders at the NRCHA World Show and also fund NRCHA affiliate youth scholarships and National High School Rodeo youth scholarships

$28Kprogram expense
02

Funding to NRCHA affiliates or individuals to put on youth clinics

$15Kprogram expense
03

Grants awarded to help NRCHA members with medical or other crisis

$10Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNrcha Foundation
EINHdr · item D82-4846105
Principal addressHdr · item CWeatherford, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N69)
Ruling yearIRS BMFAug 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chairperson
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Nrcha Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Other revenue100%$59K
Total revenueLn 12$59K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74
Program services74%$88K
Total functional expensesLn 25$118K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$472K
Total liabilitiesLn 26$166K
Total net assetsLn 32$306K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $472K · Operating expenses/yr $118K
47.9 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants $44K · Total revenue $59K
74%
Government reliance
not reported
Earned-income share
Program service revenue — · Total revenue $59K
Investment reliance
Investment income $15K · Total revenue $59K
+26%
Program self-sufficiency
Program service revenue — · Total expenses $118K
Rests on the self-reported EZ program figure
Growth & trend
Revenue growth (YoY)
This year $59K · Prior year $205K
-71%
Revenue CAGR
FY2020 $91K · FY2025 $59K
-8%
Net-asset trend (YoY)
End of year $306K · Beginning of year $364K
-16%
Balance sheet
Surplus Margin
Revenue $59K · Expenses $118K
-99%
Liabilities-to-Assets
Total liabilities $166K · Total assets $472K
35%
Net-asset ratio
Net assets $306K · Total assets $472K
65%
People & payroll
Highest Reported Total Compensation
Individual Paul Bailey · Reported title Board Member · Highest reported compensation $0 · Total expenses $118K
0%
Personnel share
Salaries & benefits — · Total expenses $118K
Form 990-EZ bundles compensation — not comparable to full-990 filers
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Revenue growth -71%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$48K

Similar Organizations

Closest in mission — by what they do
See all organizations like Nrcha Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$59K revenue · viewing · ⤓ 990 PDF
FY2024$205K revenue · ⤓ 990 PDF
FY2023$144K revenue · ⤓ 990 PDF
FY2022$45K revenue · ⤓ 990 PDF
FY2021$86K revenue · ⤓ 990 PDF
FY2020$91K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.