Mustang Champions

EIN: 881550840 501(c)(3) Animal-Related

Georgetown, TX

Total Revenue
$1,814,910
Total Expenses
$1,760,833
Total Assets
$147,104
Net Assets
$96,440
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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
TX
Phone
7373589200
Tax Period
2024-10-01 to 2025-09-30

Mustang Champions, founded in 2022, is a community nonprofit in the Animal-Related sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

Working in partnership with the Bureau of Land Management's Wild Horse and Burro Program, Mustang Champions will create and manage programs and events that will positively and efficiently aid in decreasing the total number of excess wild horses in holding, while building awareness, providing education, and creating a sense of community among mustang enthusiasts. Our hope is that with our combined efforts and talents we can reduce the American taxpayer burden that funds the gathering and holding of mustangs and the successful placement of mustangs into caring homes.

Program Service Accomplishments

Program 1
Expenses: $1,571,072 Revenue: $145,675

Mustang Champions (MC), in partnership with the Bureau of Land Management Wild Horse & Burro Program, advanced its mission to increase wild horse adoptions, educate the public, and promote...

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Mustang Champions (MC), in partnership with the Bureau of Land Management Wild Horse & Burro Program, advanced its mission to increase wild horse adoptions, educate the public, and promote responsible stewardship of rangelands through competitive events and national outreach initiatives. MC successfully produced three national eventsMustang Magic, Mustang Challenge, and Mustang Classicengaging the English and Western riding communities; promoting humane training practices; and facilitating over 150 mustangs participation in competitive environments while reaching broad audiences through media coverage, livestreams, and marketing campaigns that generated millions of impressions and grew social media engagement to over 10,500 followers. Concurrently, MC implemented the Interactive Wild Horse Experience, delivering educational programming through virtual reality, live events, and updated outreach materials to increase public understanding of wild horse management and rangeland health.

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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 $1,669,235
Program Service Revenue $145,675
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,814,910

Expense Breakdown

Grants Paid $0
Salaries & Benefits $583,701
Fundraising Expenses $0
Program Expenses $1,571,072
Other Expenses $1,177,132
TOTAL EXPENSES $1,760,833

Year-over-Year Comparison

2024 2023 Change
Revenue $1,814,910 $1,915,690 -0.1%
Expenses $1,760,833 $1,906,021 -0.1%
Net Income $54,077 $9,669 +4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
4
Volunteers
10

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
6
$291,570
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Lyon President 2
Officer Director
$0 $0 $0
Ruth Hughs Secretary 2
Officer Director
$0 $0 $0
Jeff Bednarz Treasurer 2
Officer Director
$0 $0 $0
Noah Soloman Board Member 2
Director
$0 $0 $0
Carol Sandlin Director (Part Year) 2
$0 $0 $0
Toni Busbee Director of Finance (Part Year) 40
Officer
$0 $0 $0
Kali Sublett Director of Government Partnerships & Funding 40
Officer
$126,250 $9,909 $136,159
Matthew Manroe Executive Director 40
Officer
$155,000 $411 $155,411
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 $1,814,910 $1,760,833 $147,104 $54,077
2024 $1,915,690 $1,906,021 $162,322 $9,669
2023 $619,234 $568,635 $51,328 $50,599
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