TY 2016 Form 990

F Name and address of principal officer:
CATHERINE CHEUGH
260 BAILEY AVENUE
FORT WORTH,TX76107

I

Tax-exempt status: 501(c)(3) 501(c) ( 5 ) LeftBullet

(insert no.) 4947(a)(1) or 527

J

Website:

WWW.NCHACUTTING.COM

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. (see instructions)

H(c)

Group exemption number MediumBullet

Part I

Summary

Part II

Signature Block

Paid Preparer Use Only

Print/Type preparer's name
CURTIS MAXFIELD

Preparer's signature
CURTIS MAXFIELD

Date

Check if
self-employed

PTIN
P00445178

Firm's name MediumBullet

WHITLEY PENN LLP

Firm's EIN MediumBullet

75-2393478

Firm's address MediumBullet

8343 DOUGLAS AVENUE STE 400

DALLAS, TX75225

Phone no. (214) 393-9300

Form 990 (2016)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III ..............

Form 990 (2016)

Page 3

Part IV

Checklist of Required Schedules

Form 990 (2016)

Page 4

Part IV

Checklist of Required Schedules (continued)

Form 990 (2016)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Form 990 (2016)

Page 6

Part VI

Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI ..............

Section A. Governing Body and Management

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Section C. Disclosure

Form 990 (2016)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII ..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(1) LEWIS WRAY...................................................................... PRESIDENT	10.00 ................. 3.00	X	X	0	0	0
(2) PHIL RAPP...................................................................... PRESIDENT ELECT	10.00 ................. 1.00	X	X	0	0	0
(3) RON PIETRAFESO...................................................................... VICE PRESIDENT	5.00 ................. 1.00	X	X	0	0	0
(4) ERNIE BEUTENMILLER...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(5) KATHY DAUGHN...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(6) ROCK HEDLUND...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(7) JACK HOLT...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(8) JAY KLAMON...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(9) JB MCLAMB...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(10) MATT MILLER...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(11) TOMMY NEAL...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(12) DAVID PILCHER...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(13) TATUM RICE...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(14) RONNIE SMITH...................................................................... BOARD DIRECTOR	5.00 ................. 1.00	X		0	0	0
(15) JULIE BEASLEY...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0	0
(16) JAMES HOOPER...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0	0
(17) SAM SHEPARD...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0	0

Form 990 (2016)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)			(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(18) AUSTIN SHEPARD........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(19) LAMAR WATERS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(20) SHERRY COWAN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(21) SCOTT RAFTERY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(22) MIKE STEVENS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(23) MIKE WOOD........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(24) JOSH HOPKINS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(25) TODDY PITARD........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(26) LEWIS WRAY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(27) TOMMY WILLIAMS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(28) ROBERT ADAMS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(29) PHIL BENADUM........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(30) LEE BROOKS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(31) KATHY CARDON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(32) NORM CLARK........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(33) MORGAN CROMER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(34) FRED ERICKSON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(35) ROCK HEDLUND........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(36) GAVIN JORDAN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(37) LEE LIVINGSTON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(38) SUZANNE RODINI-SILVERBERG........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(39) MODINE SMITH........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(40) CAROL WARD........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(41) STAN WILLIAMS JR........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(42) NATHAN MILLER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(43) STEVE NORRIS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(44) RON PIETRAFESO........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(45) MICHAEL SIMMONS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(46) BILLY KIDD........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(47) SHARON OVERSTREET........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(48) PAMELA SCOTT........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(49) NANCY TURNER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(50) DOUG BATCHELOR........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(51) DENISE SEIZ........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(52) VAN GREENWELL........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(53) DENISE SHEWMAKER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(54) SCOTT MCKINSEY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(55) BRET PARSONS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(56) BYRON GREEN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(57) DAVID PILCHER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(58) CURT EASON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(59) GRANT SMITH........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(60) LIBBY BOWMAN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(61) SAMMY BROUSSARD........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(62) ROBERT CHARLES BROWN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(63) JANET CAGLEY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(64) KEITH DEAVILLE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(65) BILL DIXON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(66) EDLEY HIXSON JR........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(67) CHRIS THIBODEAUX........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(68) DAN AGNEW........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(69) DAVE SCRIBNER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(70) WILLIAM COLE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(71) TAYLOR FLOWERS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(72) DON MCGRAW........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(73) GREG BEUTENMILLER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(74) ERNEST BEUTENMILLER JR........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(75) JOE WES DAVIS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(76) CURT HARGIS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(77) SONNY MARTIN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(78) THERESA NELSON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(79) MICHELLE VAN DYKE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(80) KEVIN DANIEL........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(81) KIRBY SMITH........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(82) KATHY BRECKENRIDGE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(83) THERESA GILLOCK........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(84) LONNIE ALLSUP........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(85) JAMES ROGERS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(86) BARNWELL RAMSEY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(87) BOB MEYER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(88) TONY KENNEDY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(89) JOHN LAVELLE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(90) EDDIE BOTTOM........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(91) BILL COWAN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(92) LLOYD COX........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(93) PAT FITZGERALD........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(94) JODY GALYEAN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(95) JAMES PAYNE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(96) TERRY RIDDLE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(97) RUSSELL ELROD........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(98) T SCOTT TULLIS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(99) JACK WERNER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(100) BECKY ELLIOTT........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(101) ELIZABETH QUEEN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(102) TRACY BARTON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(103) BARBARA HALLIGAN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(104) BARBARA BROOKS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(105) TRACY SURLES........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(106) MABEN THOMPSON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(107) JOHNNY BATES........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(108) MATTHEW BLEWITT........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(109) PUNK CARTER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(110) COOKIE COLEMAN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(111) BOB MAYFIELD........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(112) CYNTHIA PATTY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(113) HEATHER STILES........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(114) CLINT ALLEN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(115) JAMES BANKSTON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(116) JEREMY BARWICK........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(117) SHARON BEACH........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(118) JAIME BEAMER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(119) CHRIS BENEDICT........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(120) TODD BIMAT........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(121) LINDY BURCH........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(122) BEN EMISON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(123) DICK GAINES........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(124) CASEY GREEN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(125) PHIL HANSON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(126) LEON HARREL........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(127) GAIL HOLMES........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(128) CLAY JOHNS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(129) CLAY JOHNSON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(130) TOM LYONS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(131) SUSAN MCBRYDE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(132) FRANK MERRILL........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(133) JIM MILNER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(134) MARY JO MILNER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(135) TOMMY MOORE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(136) BRUCE MORINE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(137) RICK MOWERY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(138) PAULA OVERSTREET........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(139) SHANE PLUMMER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(140) CHUBBY TURNER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(141) BRONC WILLOUGHBY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(142) KEITH BARNETT........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(143) FRANK BOWEN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(144) BRADLEY BUCKLEY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(145) JAMES EAKIN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(146) SCOTT FERGUSON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(147) BOBBY HUNT........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(148) EJ HUNTLEY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(149) HYDIE MCALISTER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(150) MARK MILLS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(151) MIKE MOWERY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(152) SAM WILSON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(153) CHERYL CALLIS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(154) RALPH DEPEW........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(155) SHERRY GRAHAM........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(156) CAROLYN GULLY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(157) SKIP JONES........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(158) TOMMY NEAL........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(159) BUSTER WELCH........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(160) BUCK MENDENHALL........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(161) STEVE WILLIAMS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(162) HOLLY JONES........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(163) DEAN REBHUHN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(164) JEFF SLEEMAN........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(165) ROY BAUER........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(166) JIM JOHNSON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(167) KRISTEN YORK........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(168) DAVID BATTY........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(169) CONNIE DOWN-CICORIA........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(170) LES JACK........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(171) DAVE ROBSON........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(172) LESLIE TIMMONS........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(173) BOB ZIRNHELT........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(174) ERIC VAN BOEKEL........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(175) LIVIODE MICHIEL........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(176) MICHAEL OHLHOFF........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(177) PEGGY PARAGE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(178) MARTIN PARAGE........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(179) KAREN SPACIL........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(180) SERGIO TRAVERSO........................................................................ DIRECTOR	1.00 .......................0.00	X			0	0	0
(181) JIM BRET CAMPBELL........................................................................ EXECUTIVE DIRECTOR	50.00 .......................0.00		X		231,294	0	4,900
(182) ANGIE HIGHLAND........................................................................ TREASURER	40.00 .......................2.00		X		119,121	0	4,200
(183) JIMMY VERCA........................................................................ SENIOR SOFTWARE ARCHITECT	40.00 .......................0.00		X		10,115	0	0
(184) DAVE BRIAN........................................................................ DIRECTOR OF SHOWS	40.00 .......................0.00			X	116,250	0	0
(185) STEVEN CARNES........................................................................ IT DIRECTOR	40.00 .......................0.00			X	153,000	0	0
(186) KURT CRAWFORD........................................................................ SENIOR SALES EXECUTIVE	40.00 .......................0.00			X	105,919	0	0
(187) RUSSELL MCCORD........................................................................ DIRECTOR OF JUDGES	40.00 .......................0.00			X	185,500	0	8,400
(188) ALAN GOLD........................................................................ DIRECTOR OF PUBLISHING	40.00 .......................0.00			X	116,000	0	0
(189) TERRY BASSETT........................................................................ CHIEF MARKETING OFFICER	40.00 .......................0.00			X	112,013	0	14,400

Section B. Independent Contractors

1

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
COY BEAUCHAMP 601 BIG VALLEY CIRCLE LIPAN,TX76462	MAINTENANCE	390,216
JIM SHORT INC PO BOX 188 FULSHEAR,TX77441	LOBBYING	150,000
MORRIS & SCHORSCH PC 8080 N CENTRAL EXPRESSWAY SUITE 13 DALLAS,TX75206	LEGAL	138,000


2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 3

Form 990 (2016)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII .............

Form 990 (2016)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ..............

Form 990 (2016)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX ..............

Form 990 (2016)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI ..............

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII .............

Form 990 (2016)

1	Briefly describe the organization’s mission or most significant activities: TO PROMOTE AND CELEBRATE THE CUTTING HORSE.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	181
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	181
5	Total number of individuals employed in calendar year 2016 (Part V, line 2a) ......	5	44
6	Total number of volunteers (estimate if necessary) .............	6	400
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	523,676
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	4,393,154	4,528,050
9	Program service revenue (Part VIII, line 2g) .........	17,574,290	17,603,353
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	59,030	253,980
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	2,000,136	1,780,825
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	24,026,610	24,166,208
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	167,110	176,768
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	2,508,831	2,560,339
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	20,265,900	20,914,951
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	22,941,841	23,652,058
19	Revenue less expenses. Subtract line 18 from line 12.......	1,084,769	514,150
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	14,676,146	15,868,176
21	Total liabilities (Part X, line 26).............	7,558,751	8,150,603
22	Net assets or fund balances. Subtract line 21 from line 20.....	7,117,395	7,717,573

Sign Here
		2018-08-13
	Signature of officer	Date
	CATHERINE CHEUGHCOO
	Type or print name and title


4a	(Code: ) (Expenses $ 19,862,064 including grants of $ 176,768 ) (Revenue $ 18,758,407 )
	PUBLIC EXHIBITION OF CUTTING HORSES TO ENCOURAGE THE DEVELOPMENT OF PUBLIC INTEREST IN AGRICULTURE AND RANCHING THROUGH MAINTENANCE OF CUTTING HORSE EVENTS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses19,862,064

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	1,149,212	0	31,900

1a	Federated campaigns..		1a
b	Membership dues..		1b	703,451
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	2,275,810

f	All other contributions, gifts, grants, and similar amounts not included above		1f	1,548,789

g	Noncash contributions included in lines 1a-1f:$ 491,907
h Total.Add lines 1a-1f.......		4,528,050

		Business Code
2a	ENTRY & SHOW FEES	900099	12,545,323	12,545,323
b	STALLS/PRACTICE PEN RENTAL	900099	1,917,343	1,917,343
c	AFFILIATE INCOME	900099	1,364,343	1,364,343
d	HORSE AUCTION ROYALTIES	900099	700,872	700,872
e	TICKETS	900099	420,173	420,173
f	All other program service revenue .		655,299	655,299
g	Total.Add lines 2a–2f....		17,603,353

3 Investment income (including dividends, interest, and othersimilar amounts) ......			252,878			252,878
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........			385			385
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory		1,948,593
b	Less: cost or other basis and sales expenses		1,947,491
c	Gain or (loss)		1,102
d	Net gain or (loss).....			1,102			1,102
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a		227,409
b	Less: direct expenses ...b		93,944
c	Net income or (loss) from fundraising events..			133,465			133,465
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a		38,481
b	Less: cost of goods sold ..b		34,306
c	Net income or (loss) from sales of inventory..			4,175	4,175
Business Code			Miscellaneous Revenue
11a	ADVERTISING		541800	1,221,044	697,368	523,676
b	MISCELLANEOUS REVENUE		900099	101,372	101,372
c	SPECIAL PROJECTS		900099	13,809	13,809
d	All other revenue ....			306,575	306,575
e	Total. Add lines 11a–11d ......			1,642,800
12	Total revenue. See Instructions......			24,166,208	18,726,652	523,676	387,830

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to domestic individuals. See Part IV, line 22	176,768	176,768
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, line 15 and 16.
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	99,674	52,255	47,419
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	2,208,883	1,158,032	1,050,851
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	69,887		69,887
9	Other employee benefits .......
10	Payroll taxes ...........	181,895	85,778	96,117
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	219,523		219,523
c	Accounting ...........	77,040		77,040
d	Lobbying ...........	150,000		150,000
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	658		658
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	23,360		23,360
12	Advertising and promotion ....	517,509	470,738	46,771
13	Office expenses .......	973,022	599,466	373,556
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	1,350,714	1,065,694	285,020
17	Travel ............	148,413	73,827	74,586
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	194,229		194,229
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	505,988		505,988
23	Insurance ...	417,668	174,817	242,851
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	PREMIUMS	9,920,978	9,920,978	0
b	CATTLE	2,071,285	2,071,285	0
c	AWARDS	1,499,956	1,499,956	0
d	JUDGES, SHOW LABOR, MON	1,053,710	1,053,710	0
e	All other expenses	1,790,898	1,458,760	332,138
25	Total functional expenses. Add lines 1 through 24e	23,652,058	19,862,064	3,789,994	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			1,360,066	1	3,392,338
2	Savings and temporary cash investments .........			532,087	2	922,136
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			2,065,392	4	738,759
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L .............
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L ..............
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........			13,679	8	6,458
9	Prepaid expenses and deferred charges ......			425,046	9	356,126
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	5,821,008
b	Less: accumulated depreciation	10b	2,260,358	3,844,172	10c	3,560,650
11	Investments—publicly traded securities .			6,434,814	11	6,891,563
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			890	15	146
16	Total assets. Add lines 1 through 15 (must equal line 34)...			14,676,146	16	15,868,176

17	Accounts payable and accrued expenses .....	511,285	17	743,105
18	Grants payable ...		18
19	Deferred revenue .........	6,087,206	19	6,369,281
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D	960,260	25	1,038,217
26	Total liabilities. Add lines 17 through 25..	7,558,751	26	8,150,603

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	5,592,203	27	6,192,381
28	Temporarily restricted net assets ...........	1,525,192	28	1,525,192
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	7,117,395	33	7,717,573
34	Total liabilities and net assets/fund balances ........	14,676,146	34	15,868,176

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