2026-05-11T06:29:39-05:00 2025-12-31 030327374 MCSOLEY MCCOY & CO 118 TILLEY DRIVE STE 202 SOUTH BURLINGTON VT 05403 990 2025-01-01 135540007 AMERICAN MORGAN HORSE ASSOCIATION INC AMER 8029854944 4037 IRON WORKS PARKWAY 130 LEXINGTON KY 40511 CARRIE MORTENSEN EXECUTIVE DIRECTOR 8029854944 2026-05-06 1 CONNIE FELLION P01875413 8026581808 2026-04-27 2025 2025-03-06 01:10:19Z CARRIE MORTENSEN 4037 IRON WORKS PARKWAY 130 LEXINGTON KY 40511 2365414 0 X WWW.MORGANHORSE.COM X 1980 NY PRESERVE, PROMOTE AND PERPETUATE THE MORGAN BREED 9 9 22 0 838928 59115 492968 558533 1771339 1777701 16889 18838 10629 3823 2291825 2358895 0 0 0 0 1199217 1141582 0 0 0 1123741 1147705 2322958 2289287 -31133 69608 2002443 2218179 380240 466675 1622203 1751504 X PRESERVE, PROMOTE AND PERPETUATE THE MORGAN BREED 0 0 REGISTRY - THE PURPOSE OF THE REGISTRY IS TO ACCURATELY RECORD AND PRESERVE MORGAN BLOODLINES. PUBLICATIONS - WITH A CIRCULATION OF NEARLY 4,000, THE MORGAN HORSE MAGAZINE EDUCATES AND PROMOTES THE MORGAN BREED. MEMBER SERVICES - CONVENTIONS, SHOWS, RECOGNITION PROGRAMS, AND NEWSLETTERS ALL IN FURTHERANCE OF THE ASSOCIATION'S PURPOSE. SALE AND DISTRIBUTION OF PROMOTIONAL AND EDUCATIONAL ITEMS RELATED TO THE MORGAN HORSE AND GENERAL PROMOTION OF THE MORGAN HORSE BREED. 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 20 0 22 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X X CARRIE MORTENSEN 8029854944 4037 IRON WORKS PARKWAY SUITE 130 LEXINGTON KY 40511 STEVEN HANDY PRESIDENT 8.00 X X 0 0 0 SHARON BOYCE BENDER VICE PRESIDENT 8.00 X X 0 0 0 ASHLEIGH WOOD VP OF FINANCE 8.00 X X 0 0 0 KELLY KRAEGEL CENTRAL DIRECTOR 8.00 X 0 0 0 CA TONY LEE III EASTERN DIRECTOR 8.00 X 0 0 0 JAMES GRUENBERG CENTRAL DIRECTOR 8.00 X 0 0 0 HARLAN GRUNDEN CENTRAL DIRECTOR (END 2025) 8.00 X 0 0 0 TERRI STURM WESTERN DIRECTOR 8.00 X 0 0 0 DALLAS MCLARNEY-BOLEN WESTERN DIRECTOR 8.00 X 0 0 0 CATHY BLACKBURN CENTRAL DIRECTOR (START 2025) 8.00 X 0 0 0 CARRIE MORTENSEN EXECUTIVE DIRECTOR 40.00 X 123837 0 10758 123837 0 10758 1 0 0 0 0 396145 162388 558533 PUBLICATIONS 513120 932751 93823 838928 REGISTRY INCOME 900099 705625 705625 CONVENTIONS/SHOWS 900099 131795 131795 EDUCATION/RECOG./CLUBS 900099 7530 7530 1777701 18838 18838 10342 6519 3823 3823 2358895 942596 838928 18838 134595 809755 8588 107773 80871 13297 15921 48246 145732 8171 35073 105046 12518 37046 9305 INCOME TAXES 12430 PRINTING AND PUBLICATIO 227988 WEBSITE AND COMPUTER 142071 REGISTRY LAB & OTHER CO 113410 221451 2289287 711287 743158 430377 500265 166368 199660 18208 21190 93960 88340 378999 327660 86170 51339 453025 505295 43048 108932 2002443 2218179 93169 85316 242279 269683 44792 111676 380240 466675 X 1111927 1194527 510276 556977 1622203 1751504 2002443 2218179 X 69608 -735 8158 52270 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 113502 13046 4250 1170 121128 109849 9798 5287 858 113502 100688 10835 832 842 109849 121024 -15183 903 4250 100688 109091 13976 903 1140 121024 1.00000 0.00000 0.00000 1 0 41470 30615 10855 337529 297045 40484 51339 BENEFICIAL INTEREST IN SECURITIZED ASSETS 121129 F MONEY MARKET FUNDS 384166 F 505295 LEASE LIABILITY 111676 111676 X 2416949 -735 58789 58054 2358895 0 2358895 2295806 6519 6519 2289287 0 2289287 PART V, LINE 4: THE EPPERSON TRUST FUND WAS ESTABLISHED TO PROMOTE AND ENCOURAGE YOUTH INTEREST IN THE MORGAN HORSE AND THE AFFAIRS OF THE AMERICAN MORGAN HORSE ASSOCIATION, INC. 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 ASSOCIATION HAS NO UNCERTAIN TAX POSITIONS. THE ASSOCIATION 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 ASSOCIATION'S FINANCIAL STATEMENTS. IF NECESSARY, THE ASSOCIATION WOULD ACCRUE INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. THE ASSOCIATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED DECEMBER 31, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,519. CHANGE IN BENEFICIAL INTEREST 52,270. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,519. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS THREE REGIONS, EACH REGION ELECTS 3 DIRECTORS TO THE BOARD TO REPRESENT THE REGION. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD MAY NOT AMENDED, REPEAL OR ALTER SECTIONS 4.1-4.6 OF THE BYLAWS WITH OUT A VOTE BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD WILL RECEIVE AN ELECTRONIC COPY OF THE RETURN FOR REVIEW, THEN THE EXECUTIVE COMMITTEE OR FINANCE COMMITTE WILL APPROVE IT BEFORE IT IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION COLLECTS COMPLETED DISCLOSURE FORMS FOR EACH YEAR AFTER THE BOARD IS ELECTED AND ANY DISCLOSURES ARE SHARED WITH THE FULL BOARD AT THE NEXT MEETING. IF THERE IS A CONFLICT THE INDIVIDUAL WOULD BE RECUSED FROM PARTICIPATING IN DISCUSSIONS/VOTES IF WARRANTED. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR EVALUATION COMMITTEE SHALL ANNUALLY REVIEW PERSONAL AND CORPORATE GOALS AND OBJECTIVES RELEVANT TO COMPENSATION OF THE ED, EVALUATE THE ED'S PERFORMANCE IN LIGHT OF THOSE GOALS AND OBJECTIVES, AND SET THE ED'S COMPENSATION LEVEL BASED ON THIS EVALUATION IN ACCORDANCE WITH ANY APPLICABLE EMPLOYMENT AGREEMENT. IN DETERMINING COMPENSATION, THE COMMITTEE SHALL CONSIDER THE COMPANY'S PERFORMANCE, THE VALUE OF SIMILAR AWARDS TO ED'S AT COMPARABLE COMPANIES, AND THE AWARDS GIVEN TO THE ED IN PAST YEARS, AND MAY CONSIDER SUCH OTHER FACTORS AS IT DEEMS NECESSARY OR ADVISABLE. EXAMPLES INCLUDE RESEARCH FROM INDEPENDENT RESEARCH AGENCIES FOR ASSOCIATIONS OF SIMILAR REVENUES AND SPANS OF CONTROL, REGIONAL AND INDUSTRY DATA FOR COMPARABLE COMPENSATION PRACTICES, AND TRENDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST 52,270. MORGAN HORSE FOUNDATION INC 4037 IRON WORKS PARKWAY LEXINGTON KY 40511 922410104 EDUCATION OF THE MORGAN HORSE BREED KY 501(C)(3) LINE 10 AMERICAN MORGAN HORSE ASSOCIATION INC 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0 MORGAN HORSE FOUNDATION INC O 169629 CASH RECEIVED MORGAN HORSE FOUNDATION INC C 93845 CASH RECEIVED MORGAN HORSE FOUNDATION INC A 85000 CASH RECEIVED MORGAN HORSE FOUNDATION INC Q 67725 CASH RECEIVED