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New Mexico Horse Breeders Assoc

Organization summary

Type of Nonprofit

Designated as a Labor, agricultural and horticultural organizations that are educational or instructive, including unions, created for the purpose of improving conditions of work, and products of efficiency.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$439k (2023)

Expenses
$494k (2023)

Total Assets
$6.75M (2023)

Total Liabilities
$5.82M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$439,177
Expenses
$494,109
Net Income
-$54,932
Net Assets
$928,259
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $428,740
97.6%
Investment Income $11,241
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$824
Net Inventory Sales $0
Other Revenue $20
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $99,750
20.2%
Professional Fundraising Fees $0
Other Salaries and Wages $62,614
12.7%
Assets/Debt
Total Assets $6,748,965
Total Liabilities $5,820,706
Net Assets $928,259
Compensation
Key Employees and Officers Compensation Related Other
Mary Barber Executive Dir (Secretary, Treasurer) $72,707 $0 $27,043
Tom Goncharoff (President) $0 $0 $0
Norma Alvarez (1 St Vice President) $0 $0 $0
Nancy Summers (2 Nd Vice President) $0 $0 $0
Brian Anderson (Director) $0 $0 $0
Mark Brown (Director) $0 $0 $0
Denise Chambliss (Director) $0 $0 $0
C Warren Franklin (Director) $0 $0 $0
Debra J Laney (Director) $0 $0 $0
Mike Logan (Director) $0 $0 $0
Mac Murray (Director) $0 $0 $0
Helen Nave (Director) $0 $0 $0
Susie Prather (Director) $0 $0 $0
R Patrick Sanders Jr (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$463,867
Expenses
$442,557
Net Income
$21,310
Net Assets
$954,275
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $451,492
97.3%
Investment Income $10,128
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$53
Net Inventory Sales $0
Other Revenue $2,300
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $97,956
22.1%
Professional Fundraising Fees $0
Other Salaries and Wages $67,068
15.2%
Assets/Debt
Total Assets $7,489,880
Total Liabilities $6,535,605
Net Assets $954,275
Compensation
Key Employees and Officers Compensation Related Other
Mary Barber (Exec Dir/Secr/Treas) $69,507 $0 $28,449
Tom Goncharoff (President) $0 $0 $0
Mike Logan (1 St Vice President) $0 $0 $0
Verner Query (2 Nd Vice President) $0 $0 $0
Norma Alvarez (Director) $0 $0 $0
Brian Anderson (Director) $0 $0 $0
Mark Brown (Director) $0 $0 $0
C Warren Franklin (Director) $0 $0 $0
Annette Mccloy (Director) $0 $0 $0
Mac Murray (Director) $0 $0 $0
Helen Nave (Director) $0 $0 $0
Susie Prather (Director) $0 $0 $0
Nancy Summers (Director) $0 $0 $0
Vanessa Alexander (Director (Thru June 2022)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$438,559
Expenses
$362,395
Net Income
$76,164
Net Assets
$975,047
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,000
2.3%
Program Services $414,561
94.5%
Investment Income $11,497
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,051
0.2%
Net Inventory Sales $0
Other Revenue $1,450
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $92,977
25.7%
Professional Fundraising Fees $0
Other Salaries and Wages $49,176
13.6%
Assets/Debt
Total Assets $7,609,830
Total Liabilities $6,634,783
Net Assets $975,047
Compensation
Key Employees and Officers Compensation Related Other
Mary Barber (Exec Dir/Secr/Treas) $59,550 $0 $33,427
Tom Goncharoff (President) $0 $0 $0
Mike Logan (1 St Vice President) $0 $0 $0
Jay L Taylor (2 Nd Vice President (Thru Jan 2021)) $0 $0 $0
Verner Query (2 Nd Vice President) $0 $0 $0
Norma Alvarez (Director) $0 $0 $0
Mark Brown (Director) $0 $0 $0
C Warren Franklin (Director) $0 $0 $0
Miguel L Gallegos (Director (Thru Jan 2021)) $0 $0 $0
Debra J Laney (Director (Thru Jan 2021)) $0 $0 $0
Annette Mccloy (Director) $0 $0 $0
Mac Murray (Director) $0 $0 $0
Nancy Summers (Director) $0 $0 $0
Vanessa Alexander (Director) $0 $0 $0
Helen Nave (Director) $0 $0 $0
Susie Prather (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$405,545
Expenses
$368,820
Net Income
$36,725
Net Assets
$875,273
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $398,996
98.4%
Investment Income $6,549
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $95,784
26.0%
Professional Fundraising Fees $0
Other Salaries and Wages $55,396
15.0%
Assets/Debt
Total Assets $4,725,993
Total Liabilities $3,850,720
Net Assets $875,273
Compensation
Key Employees and Officers Compensation Related Other
Mary Barber (Exec Dir/Secr/Treas) $58,249 $0 $37,535
Tom Goncharoff (President) $0 $0 $0
Mike Logan (1 St Vice President) $0 $0 $0
Jay L Taylor (2 Nd Vice President) $0 $0 $0
Norma Alvarez (Director) $0 $0 $0
Mark Brown (Director) $0 $0 $0
C Warren Franklin (Director) $0 $0 $0
Miguel L Gallegos (Director) $0 $0 $0
Debra J Laney (Director) $0 $0 $0
Annette Mccloy (Director) $0 $0 $0
Mac Murray (Director) $0 $0 $0
Verner Query (Director) $0 $0 $0
Nancy Summers (Director) $0 $0 $0
Ralph Vincent (Director (Thru Jan 2020)) $0 $0 $0
Jill Giles (Director (Thru Jan 2020)) $0 $0 $0
Denton Crozier (Director (Thru Jan 2020)) $0 $0 $0
Mindy J Mcarthur (Director (Thru Jan 2020)) $0 $0 $0
Thomas W Pierce Jr (Director (Thru Jan 2020)) $0 $0 $0
Bill W Shepherd (Director (Thru Jan 2020)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$492,737
Expenses
$408,810
Net Income
$83,927
Net Assets
$831,785
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $486,777
98.8%
Investment Income $5,143
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$288
Net Inventory Sales $0
Other Revenue $1,105
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $89,076
21.8%
Professional Fundraising Fees $0
Other Salaries and Wages $49,043
12.0%
Assets/Debt
Total Assets $8,154,465
Total Liabilities $7,322,680
Net Assets $831,785
Compensation
Key Employees and Officers Compensation Related Other
Mary Barber (Exec Dir/Secr/Treas) $54,750 $0 $34,326
Tom Goncharoff (President) $0 $0 $0
Miguel L Gallegos (1 St Vice President) $0 $0 $0
Jay L Taylor (2 Nd Vice President) $0 $0 $0
Denton Crozier (Director) $0 $0 $0
Debra J Laney (Director) $0 $0 $0
Mike Logan (Director) $0 $0 $0
Mindy J Mcarthur (Director) $0 $0 $0
Annette Mccloy (Director) $0 $0 $0
Mac Murray (Director) $0 $0 $0
Thomas W Pierce Jr (Director) $0 $0 $0
Verner Query (Director) $0 $0 $0
Bill W Shepherd (Director) $0 $0 $0
Ralph Vincent Thru Jan 2020 (Director) $0 $0 $0
Norma Alvarez Thru Jan 2020 (Director) $0 $0 $0
Jill Giles Thru Jan 2020 (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$463,512
Expenses
$392,229
Net Income
$71,283
Net Assets
$740,256
Notable Sources of Revenue Percent of Total Revenue
Contributions $500
0.1%
Program Services $412,138
88.9%
Investment Income $5,191
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $42,022
9.1%
Sales of Assets $1,000
0.2%
Net Inventory Sales $0
Other Revenue $2,661
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $138,141
35.2%
Professional Fundraising Fees $0
Other Salaries and Wages $12,666
3.2%
Assets/Debt
Total Assets $7,619,857
Total Liabilities $6,879,601
Net Assets $740,256
Compensation
Key Employees and Officers Compensation Related Other
Anna Fay Davis Until Mid Year (Exec Dir/Secr/Treas) $43,175 $0 $18,611
Mary Barber (Exec Dir/Secr/Treas) $42,847 $0 $33,508
Ralph W Vincent (President) $0 $0 $0
Jay L Taylor (1 St Vice President) $0 $0 $0
Tom Goncharoff (2 Nd Vice President) $0 $0 $0
Norma Alvarez (Director) $0 $0 $0
Denton Crozier (Director) $0 $0 $0
Miguel L Gallegos (Director) $0 $0 $0
Jill B Giles (Director) $0 $0 $0
Debra J Laney (Director) $0 $0 $0
Mindy J Mcarthur (Director) $0 $0 $0
Mac Murray (Director) $0 $0 $0
Thomas W Pierce Jr (Director) $0 $0 $0
Bill W Shepherd (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$431,269
Expenses
$375,192
Net Income
$56,077
Net Assets
$668,973
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $399,895
92.7%
Investment Income $4,529
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,845
6.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $80,705
21.5%
Professional Fundraising Fees $0
Other Salaries and Wages $52,850
14.1%
Assets/Debt
Total Assets $7,029,331
Total Liabilities $6,360,358
Net Assets $668,973
Compensation
Key Employees and Officers Compensation Related Other
Anna Fay Davis (Exec Dir/Sec) $55,988 $0 $24,717
Ralph W Vincent (President) $0 $0 $0
Mac Murray (Director) $0 $0 $0
Jay L Taylor (1 St Vice Pre) $0 $0 $0
Norma Alvarez (2 Nd Vice Pre) $0 $0 $0
Pierre J Amestoy Jr (Director) $0 $0 $0
Kevin J Blach (Director) $0 $0 $0
Jill B Giles (Director) $0 $0 $0
Tom Goncharoff (Director) $0 $0 $0
Brad E King (Director) $0 $0 $0
Bobby J Mcqueen (Director) $0 $0 $0
Miguel L Gallegos (Director) $0 $0 $0
Debra J Laney (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$421,653
Expenses
$418,986
Net Income
$2,667
Net Assets
$613,206
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $380,725
90.3%
Investment Income $4,823
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $36,105
8.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $74,782
17.8%
Professional Fundraising Fees $0
Other Salaries and Wages $53,353
12.7%
Assets/Debt
Total Assets $6,475,704
Total Liabilities $5,862,498
Net Assets $613,206
Compensation
Key Employees and Officers Compensation Related Other
Anna Fay Davis (Exec Dir/Sec) $55,459 $0 $19,324
Ralph W Vincent (President) $0 $0 $0
Mac Murray (1 St Vice Pre) $0 $0 $0
Jay L Taylor (2 Nd Vice Pre) $0 $0 $0
Norma Alvarez (Director) $0 $0 $0
Pierre J Amestoy Jr (Director) $0 $0 $0
Kevin J Blach (Director) $0 $0 $0
Jill B Giles (Director) $0 $0 $0
Tom Goncharoff (Director) $0 $0 $0
Brad E King (Director) $0 $0 $0
Bobby J Mcqueen (Director) $0 $0 $0
Steve Prather (Director) $0 $0 $0
William T Walker (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$415,461
Expenses
$467,822
Net Income
-$52,361
Net Assets
$610,539
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $406,863
97.9%
Investment Income $5,377
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,221
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $75,913
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $54,349
11.6%
Assets/Debt
Total Assets $5,700,142
Total Liabilities $5,089,603
Net Assets $610,539
Compensation
Key Employees and Officers Compensation Related Other
Anna Fay Davis (Exec Dir/Sec) $55,454 $0 $20,459
William T Walker (President) $0 $0 $0
Jay L Taylor (1 St Vice Pre) $0 $0 $0
Norma Alvarez (2 Nd Vice Pre) $0 $0 $0
Pierre J Amestoy Jr (Director) $0 $0 $0
Q Mike Cadotte (Director) $0 $0 $0
Denton Crozier (Director) $0 $0 $0
Shawn C Edwards (Director) $0 $0 $0
Jill B Giles (Director) $0 $0 $0
Mac Murray (Director) $0 $0 $0
Steve Prather (Director) $0 $0 $0
Verner R Query (Director) $0 $0 $0
Ralph W Vincent (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$417,562
Expenses
$535,212
Net Income
-$117,650
Net Assets
$662,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $404,613
96.9%
Investment Income $6,467
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,482
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $76,589
14.3%
Professional Fundraising Fees $0
Other Salaries and Wages $56,883
10.6%
Assets/Debt
Total Assets $4,920,058
Total Liabilities $4,257,158
Net Assets $662,900
Compensation
Key Employees and Officers Compensation Related Other
Anna Fay Davis (Exec Dir/Sec) $55,490 $0 $21,099
William T Walker (President) $0 $0 $0
Jay L Taylor (1 St Vice Pre) $0 $0 $0
Mac Murray (2 Nd Vice Pre) $0 $0 $0
Norma Alvarez (Director) $0 $0 $0
Pierre J Amestoy Jr (Director) $0 $0 $0
Q Mike Cadotte (Director) $0 $0 $0
Denton Crozier (Director) $0 $0 $0
Rita J Danley (Director) $0 $0 $0
James T Lewter (Director) $0 $0 $0
Verner R Query (Director) $0 $0 $0
Ralph W Vincent (Director) $0 $0 $0
Mark E Wise (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$451,975
Expenses
$523,159
Net Income
-$71,184
Net Assets
$780,550
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $439,220
97.2%
Investment Income $3,680
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,075
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $81,474
15.6%
Professional Fundraising Fees $0
Other Salaries and Wages $51,677
9.9%
Assets/Debt
Total Assets $4,036,554
Total Liabilities $3,256,004
Net Assets $780,550
Compensation
Key Employees and Officers Compensation Related Other
Anna Fay Davis (Exec Dir/Sec) $55,779 $0 $25,695
Q Mike Cadotte (President) $0 $0 $0
Denton Crozier (Director) $0 $0 $0
Norma Alvarez (Director) $0 $0 $0
James T Lewter (Director) $0 $0 $0
Kay M Thurman (Director) $0 $0 $0
Rita J Danley (Director) $0 $0 $0
William T Walker (Director) $0 $0 $0
Ralph W Vincent (Director) $0 $0 $0
Mark E Wise (Director) $0 $0 $0
Tom Goncharoff (1 St Vice Pre) $0 $0 $0
Mac Murry (2 Nd Vice Pre) $0 $0 $0
Jay L Taylor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$680,290
Expenses
$534,188
Net Income
$146,102
Net Assets
$851,734
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $424,461
62.4%
Investment Income $3,627
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $236,580
34.8%
Net Inventory Sales $0
Other Revenue $15,622
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $84,714
15.9%
Professional Fundraising Fees $0
Other Salaries and Wages $53,912
10.1%
Assets/Debt
Total Assets $3,228,678
Total Liabilities $2,376,944
Net Assets $851,734

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$441,548
Expenses
$507,761
Net Income
-$66,213
Net Assets
$705,632
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $419,867
95.1%
Investment Income $8,250
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $220
0.0%
Net Inventory Sales $0
Other Revenue $13,211
3.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $85,190
16.8%
Professional Fundraising Fees $0
Other Salaries and Wages $54,284
10.7%
Assets/Debt
Total Assets $3,525,853
Total Liabilities $2,820,221
Net Assets $705,632

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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