SANDHILLS HEREFORD & QUARTERHORSE SHOW INC

EIN: 756010787

ODESSA, TX

Total Revenue
$1,336,526
Total Expenses
$1,570,459
Total Assets
$327,765
Net Assets
$327,765
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
TX
Principal Officer
CHELLI EVANS
Phone
4323663951
Tax Period
2024-04-01 to 2025-03-31

SANDHILLS HEREFORD & QUARTERHORSE SHOW INC, founded in 1933, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.6M exceeded revenue, resulting in a 18% operating deficit.

Mission

OPERATION, MAINTENANCE & SUPPORT OF THE SANDHILLS HEREFORD & QUARTERHORSE SHOW, INC. INCLUDES A LIVESTOCK & QUARTERHORSE SHOW AS WELL AS THE RODEOS AND DANCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $585,997
Program Service Revenue $710,296
Investment Income $916
Other Revenue $39,317
TOTAL REVENUE $1,336,526

Expense Breakdown

Grants Paid $371,007
Salaries & Benefits $101,834
Fundraising Expenses $0
Other Expenses $1,097,618
TOTAL EXPENSES $1,570,459

Year-over-Year Comparison

2024 2023 Change
Revenue $1,336,526 $1,368,102 0.0%
Expenses $1,570,459 $1,394,566 +0.1%
Net Income $-233,933 $-26,464 +7.8%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
84
Independent Members
84
Employees
1
Volunteers
90

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$0
Total Directors
84
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM WISE PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL WIGHT PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
GUY ADCOCK TREASURER 1.00
Officer Director
$0 $0 $0
GARY DON MCCAIN VP RODEO 1.00
Officer Director
$0 $0 $0
NANCY MCCAIN VP PROMOTIONS 1.00
Officer Director
$0 $0 $0
MORGAN COX VP LIVESTOCK 1.00
Officer Director
$0 $0 $0
JIMMY LINDSEY VP YOUTH 1.00
Officer Director
$0 $0 $0
KATIE DAY VP SALE 1.00
Officer Director
$0 $0 $0
KATHY WISE VP QUARTER HORSE 1.00
Officer Director
$0 $0 $0
DR TOMMY ELROD CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
RODNEY ADCOCK DIRECTOR 1.00
Director
$0 $0 $0
JAY ADCOCK DIRECTOR 1.00
Director
$0 $0 $0
KYE ADCOCK DIRECTOR 1.00
Director
$0 $0 $0
BRANDIE BINGHAM DIRECTOR 1.00
Director
$0 $0 $0
RICK BLETHROADE DIRECTOR 1.00
Director
$0 $0 $0
SAMANTHA BORGSTEDT DIRECTOR 1.00
Director
$0 $0 $0
MIKE BOSTICK DIRECTOR 1.00
Director
$0 $0 $0
RANDI BOYKIN DIRECTOR 1.00
Director
$0 $0 $0
ANGIE BRYANT DIRECTOR 1.00
Director
$0 $0 $0
JOHNNY CAGLE DIRECTOR 1.00
Director
$0 $0 $0
CHARLES CARLSON DIRECTOR 1.00
Director
$0 $0 $0
DANIEL CARPENTER DIRECTOR 1.00
Director
$0 $0 $0
MARIA CARPENTER DIRECTOR 1.00
Director
$0 $0 $0
DAVID CARVER DIRECTOR 1.00
Director
$0 $0 $0
SHILOH CHANDLER DIRECTOR 1.00
Director
$0 $0 $0
DALE CLARK DIRECTOR 1.00
Director
$0 $0 $0
LINDA COBURN DIRECTOR 1.00
Director
$0 $0 $0
JOE COMMANDER DIRECTOR 1.00
Director
$0 $0 $0
CASEY COPE DIRECTOR 1.00
Director
$0 $0 $0
TRAVIS CRAVEY DIRECTOR 1.00
Director
$0 $0 $0
KIM CROWLEY DIRECTOR 1.00
Director
$0 $0 $0
CHUCK DANIELS DIRECTOR 1.00
Director
$0 $0 $0
BO DOUTHIT DIRECTOR 1.00
Director
$0 $0 $0
DEE DEE DUNDA DIRECTOR 1.00
Director
$0 $0 $0
TOM W ELROD DIRECTOR 1.00
Director
$0 $0 $0
TRISHA ELROD DIRECTOR 1.00
Director
$0 $0 $0
VICKIE EMFINGER DIRECTOR 1.00
Director
$0 $0 $0
JERRY FLIPPIN DIRECTOR 1.00
Director
$0 $0 $0
DENA FLOYD DIRECTOR 1.00
Director
$0 $0 $0
VICTORIA GONZALES DIRECTOR 1.00
Director
$0 $0 $0
NIKKI HANDLEY DIRECTOR 1.00
Director
$0 $0 $0
CHRIS HARDCASTLE DIRECTOR 1.00
Director
$0 $0 $0
JASON HARRINGTON DIRECTOR 1.00
Director
$0 $0 $0
BRAD HAYES DIRECTOR 1.00
Director
$0 $0 $0
BILL MIKE HEFNER DIRECTOR 1.00
Director
$0 $0 $0
JJ HEFNER DIRECTOR 1.00
Director
$0 $0 $0
GEORGE HENNIG DIRECTOR 1.00
Director
$0 $0 $0
JOHNNY HICKMAN DIRECTOR 1.00
Director
$0 $0 $0
DENNIS JONES DIRECTOR 1.00
Director
$0 $0 $0
JAMES KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
SHAWNDEE KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
WADE KIRKWOOD DIRECTOR 1.00
Director
$0 $0 $0
JOHNNY LALONDE DIRECTOR 1.00
Director
$0 $0 $0
DAKOTA LINDSEY DIRECTOR 1.00
Director
$0 $0 $0
KEITH LITTLE DIRECTOR 1.00
Director
$0 $0 $0
JIM LYONS DIRECTOR 1.00
Director
$0 $0 $0
TERRY LYONS DIRECTOR 1.00
Director
$0 $0 $0
DAVID MCCULLOUGH DIRECTOR 1.00
Director
$0 $0 $0
KACI MCDANIEL DIRECTOR 1.00
Director
$0 $0 $0
CHASE MCPHAUL DIRECTOR 1.00
Director
$0 $0 $0
JESUS MERCADO DIRECTOR 1.00
Director
$0 $0 $0
MIKE MOORE DIRECTOR 1.00
Director
$0 $0 $0
MATT MUEHLBRAD DIRECTOR 1.00
Director
$0 $0 $0
MARK NEASE DIRECTOR 1.00
Director
$0 $0 $0
GARY NEWMAN DIRECTOR 1.00
Director
$0 $0 $0
MONTY OGELSBY DIRECTOR 1.00
Director
$0 $0 $0
STEVE PAZ DIRECTOR 1.00
Director
$0 $0 $0
GLENDA PETERS DIRECTOR 1.00
Director
$0 $0 $0
RANDALL PITTMAN DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY REDMAN DIRECTOR 1.00
Director
$0 $0 $0
ROSS ROARK DIRECTOR 1.00
Director
$0 $0 $0
LESIA SCHNITKER DIRECTOR 1.00
Director
$0 $0 $0
MADDISON SMITH DIRECTOR 1.00
Director
$0 $0 $0
BRITTANY SNYDER DIRECTOR 1.00
Director
$0 $0 $0
MARK STALEY DIRECTOR 1.00
Director
$0 $0 $0
JAYCIE THAMES DIRECTOR 1.00
Director
$0 $0 $0
JAMES TROWER DIRECTOR 1.00
Director
$0 $0 $0
ROGER TURNER DIRECTOR 1.00
Director
$0 $0 $0
BROOKE TURNER DIRECTOR 1.00
Director
$0 $0 $0
JIM WATKINS DIRECTOR 1.00
Director
$0 $0 $0
MIKE WHITLOCK DIRECTOR 1.00
Director
$0 $0 $0
KAREN WILSON DIRECTOR 1.00
Director
$0 $0 $0
TOMMY ZANT DIRECTOR 1.00
Director
$0 $0 $0
ELROD LAUREN ZUNIGA DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,594,905 $1,559,151 $541,858 $35,754
2025 $1,336,526 $1,570,459 $327,765 $-233,933
2024 $1,368,102 $1,394,566 $411,698 $-26,464
2023 $1,435,333 $1,346,973 $460,787 $88,360
2022 $1,299,589 $1,271,771 $372,427 $27,818
2021 $1,164,790 $1,132,613 $344,609 $32,177
2020 $1,270,915 $1,160,223 $312,432 $110,692
2019 $1,177,689 $1,084,874 $201,740 $92,815
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