2023-07-13T08:09:27-05:00 2022-12-31 030327374 MCSOLEY MCCOY & CO 118 TILLEY DRIVE STE 202 SOUTH BURLINGTON VT 05403 990 2022-01-01 306041200 THE AMERICAN MORGAN HORSE EDUCATIONAL CHARITABLE TRUST AMER 8029854944 4037 IRON WORKS PKWY STE 130 LEXINGTON KY 405118508 CARRIE MORTENSEN EXECUTIVE DIRECTOR 8029854944 2023-07-12 1 CARRIE MORTENSEN 999009999 0 CONNIE FELLION P01875413 8026581808 2023-07-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CARRIE MORTENSEN 4037 IRON WORKS PKWY STE 130 LEXINGTON KY 405118508 2297602 0 X WWW.AMHECT.ORG X 2002 NY 1) ON-GOING EDUCATIONAL EFFORTS TO SUPPORT AN UNDERSTANDING OF THE HISTORY AND BENEFITS DERIVED FROM RAISING AND OWNING MORGAN HORSES; 2) ENCOURAGE AN APPRECIATION OF MORGAN HORSES, 3) EDUCATE THE GENERAL POPULATION REGARDING THE SUBSTANTIAL BENEFITS PROVIDED BY EQUINE ACTIVITIES, 4) ACTIVELY ENGAGE THE MORGAN COMMUNITY TO ENSURE THAT A QUALITY OF ENRICHING EXPERIENCE IS AVAILABLE TO LEADERS AND WORKERS IN THE MORGAN HORSE COMMUNITY OF TOMORROW AND 5) BUILD PUBLIC AWARENESS AND KNOWLEDGE OF THE MORGAN HORSE BREED. 10 9 2 11 9075 0 237852 130675 1315986 1419946 12 1151 617694 615906 2171544 2167678 95909 56979 0 0 223149 218134 0 0 138605 1606308 1804187 1925366 2079300 246178 88378 1774340 1847452 55948 39072 1718392 1808380 X 1) ON-GOING EDUCATIONAL EFFORTS TO SUPPORT AN UNDERSTANDING OF THE HISTORY AND BENEFITS DERIVED FROM RAISING AND OWNING MORGAN HORSES; 2) ENCOURAGE AN APPRECIATION OF MORGAN HORSES, 3) EDUCATE THE GENERAL POPULATION REGARDING THE SUBSTANTIAL BENEFITS PROVIDED BY EQUINE ACTIVITIES, 4) ACTIVELY ENGAGE THE MORGAN COMMUNITY TO ENSURE THAT A QUALITY OF ENRICHING EXPERIENCE IS AVAILABLE TO LEADERS AND WORKERS IN THE MORGAN HORSE COMMUNITY OF TOMORROW AND 5) BUILD PUBLIC AWARENESS AND KNOWLEDGE OF THE MORGAN HORSE BREED. 0 0 1713923 43825 1431639 THE GRAND NATIONAL & WORLD CHAMPIONSHIP MORGAN HORSE SHOW AN INTERNATIONAL COMPETITION:- OFFERS EDUCATIONAL CLINICS PROMOTING THE BENEFITS OF OWNING MORGAN HORSE AND EQUINE ACTIVITIES- PROVIDES TOURS TO PUBLIC ORGANIZATIONS INCLUDING SCHOOLS WHICH OUTLINE THE HISTORY OF THE BREED AND AVAILABLE EXPERIENCES PEOPLE CAN HAVE WITH HORSES, AND - THE DIVERSITY OF CLASSES INCREASE PUBLIC AWARENESS AND GENERAL BREED PROMOTION 13154 13154 YOUTH PROGRAM DEVELOPS A SENSE OF SPORTSMANSHIP AND FAIR PLAY, LEARN CITIZENSHIP SKILLS, MASTER LEADERSHIP SKILLS, AND DEVELOP DISCIPLINE AND SENSE OF RESPONSIBILITY FOR THEMSELVES, THEIR HORSES, AND THEIR CLUBS. 1727077 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 2 1 1 1 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CARRIE MORTENSEN 8029854944 4037 IRON WORKS PKWY STE 130 LEXINGTON KY 405118508 CAROL FLETCHER FINANCE CHAIR 1.00 X X 0 0 0 MIKE GOEBIG PRESIDENT 1.00 X X 0 0 0 MEREDITHE BODNAR TRUSTEE 1.00 X 0 0 0 STEVEN HANDY TRUSTEE 1.00 X 0 0 0 TERRI STURM TRUSTEE 1.00 X 0 0 0 CA LEE III TRUSTEE 1.00 X 0 0 0 LYN ESTELL TRUSTEE 1.00 X 0 0 0 DALLAS BOLEN TRUSTEE (START 2022) 1.00 X 0 0 0 LINDA BREWER TRUSTEE (START 2022) 1.00 X 0 0 0 TERI RUMENS TRUSTEE (TERM 2022) 1.00 X 0 0 0 MARI SANDERSON TRUSTEE (TERM 2022) 1.00 X 0 0 0 CARRIE MORTENSEN EXECUTIVE DIRECTOR 5.00 40.00 X 0 131802 8145 0 131802 8145 0 0 0 0 0 130675 130675 GRAND NATIONAL & WORLD 900099 1338356 1338356 WEANLING FEES 900099 25200 25200 BANNER MAINTENANCE 900099 23350 23350 ALUMNI FEES 900099 15650 15650 ELIGIBILITY FEES 900099 15250 15250 2140 2140 1419946 1151 1151 81875 54875 27000 27000 54982 75049 -20067 -20067 QUALIFIED SPONSORSHIPS 900099 568138 568138 MISCELLANEOUS INCOME 900099 31760 31760 ADVERTISING 541800 9075 9075 608973 2167678 1431639 9075 596289 X 43825 43825 13154 13154 218134 147638 70496 4309 4309 19966 19966 465285 400144 65141 157386 17569 1212 138605 26708 6440 20268 329942 329942 156306 156306 7746 7746 6939 6939 GRAND NATIONAL & WORLD 323436 310303 13133 AWARDS 245063 245063 YOUTH EXPENSES 31654 31654 SMALL EQUIPMENT 15767 11359 4408 13680 13680 2079300 1727077 213618 138605 1585660 1738589 96651 87366 72925 18727 36474 33704 5540 2770 13564 0 1774340 1847452 55948 39072 55948 39072 X 1544734 1639557 173658 168823 1718392 1808380 1774340 1847452 88378 1610 0 X 0 1 X 1 0 X X 1 THE AMERICAN MORGAN HORSE ASSOCIATION INC 135540007 10 1 107825 0 1 107825 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36474 33704 2770 2770 X 2356581 1610 57369 129924 188903 2167678 0 2167678 2266593 57369 129924 187293 2079300 0 2079300 PART X, LINE 2: FASB ASC 740, INCOME TAXES, REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTY IN THEIR TAX POSITIONS. FOR TAX EXEMPT ENTITIES, TAX-EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, AS EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. MANAGEMENT BELIEVES THE TRUST HAS NO UNCERTAIN TAX POSITIONS. THE TRUST ANTICIPATES THAT IT WILL NOT HAVE A CHANGE IN UNCERTAIN TAX POSITIONS DURING THE NEXT TWELVE MONTHS THAT WOULD HAVE A MATERIAL IMPACT ON THE TRUST'S FINANCIAL STATEMENTS. IF NECESSARY, THE TRUST WOULD ACCRUE INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. THE TRUST IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED DECEMBER 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 54,875. COST OF GOODS SOLD 75,049. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 54,875. COST OF GOODS SOLD 75,049. SERVICE STALLION AUCTION 81875 81875 37928 16947 81875 81875 37928 16947 54875 27000 1 THE AMERICAN MORGAN HORSE ASSOCIATION INC 4037 IRON WORKS PARKWAY SUITE 130 LEXINGTON KY 40511 135540007 501(C)(5) 42825 0 TO CARRY OUT PROGRAMS OTHER GRANTS 5 13154 PART I, LINE 2: GRANTS ARE RECEIVED OR DRAFTED BY STAFF IN THE AMHECT OFFICE AND THEN DISTRIBUTED TO THE BOARD OF TRUSTEES FOR REVIEW. GRANTS ARE APPROVED BY A MAJORITY VOTE AND RECORDED IN THE OFFICIAL MINUTES OF THE MEETINGS. APPROVED GRANTS ARE PREPARED FOR DISTRIBUTION BY AMHECT STAFF. AMHECT STAFF REVIEWS AND UPDATES TRUSTEES WITH REQUIRED RESPONSIBILITY REPORTS FOLLOWING GRANT EXPENDITURES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SENT TO THE BOARD OF TRUSTEES PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. THE TRUSTEES AS WELL AS THE EXECUTIVE DIRECTOR ROUTINELY INQUIRE ABOUT CONFLICTS OF INTEREST DURING DELIBERATIONS OF ISSUES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION HAS ALL DOCUMENTS AVAILABLE FOR PUBLIC USE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 310,494. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 310,494. LICENSE/REGISTRATION FEES: PROGRAM SERVICE EXPENSES 89,650. MANAGEMENT AND GENERAL EXPENSES 19,089. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 108,739. CREDIT CARD/BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 46,052. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,052. THE AMERICAN MORGAN HORSE ASSOCIATION INC 4037 IRON WORKS PARKWAY SUITE 130 LEXINGTON KY 40511 135540007 PRESERVE, PROMOTE AND PERPETUATE THE MORGAN BREED KY 501(C)(5) 509(A)(3) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 AMERICAN MORGAN HORSE ASSOCIATION INC B 107825 CASH PAID FORM 990, SCHEDULE R, PART IX, LINE D THE AMERICAN MORGAN HORSE EDUCATIONAL TRUST WAS THE INTERMEDIATE IN THE TRANSACTION RELATED TO THE AMERICAN MORGAN HORSE ASSOCIATION, INC. ACQUIRING THE NATIONAL MUSEUM OF THE MORGAN HORSE AND FUNDS WERE TRANSFERRED TO THE TRUST WHICH ULTIMATELY IS DUE TO THE AMERICAN MORGAN HORSE ASSOCIATION, INC. FORM 990, SCHEDULE R, PART IX, LINE R THE AMERICAN MORGAN HORSE EDUCATIONAL TRUST ENTERED INTO AN AGREEMENT TO PAY A $65,000 PER YEAR LICENSING FEE TO THE AMERICAN MORGAN HORSE ASSOCIATION, INC. IN CONNECTION WITH ITS STAGING OF THE ANNUAL "GRAND NATIONAL & WORLD CHAMPIONSHIP MORGAN HORSE SHOW". THE TERM OF THE AGREEMENT IS FOR FIVE YEARS.