THE TENNESSEE WALKING HORSE NATIONAL FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: THE TENNESSEE WALKING HORSE NATIONAL FOUNDATION INC (EIN 58-1463835)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-05-15
IRS object ID: 201801359349100440
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-05-15T11:36:28-05:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	620808829	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WINNETT ASSOCIATES PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 745	AddressLine1Txt
City	SHELBYVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	371620745	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	581463835	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TENNESSEE WALKING HORSE	BusinessNameLine1Txt
Business Name Line2	NATIONAL FOUNDATION INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	TENN	BusinessNameControlTxt
Phone	9316845915	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 1010	AddressLine1Txt
City	SHELBYVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37162	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MIKE INMAN	PersonNm
Person Title	CEO	PersonTitleTxt
Signature	2018-05-15	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOHN A LILE	PreparerPersonNm
PTIN	P01069204	PTIN
Phone	9316847142	PhoneNum
Preparation	2018-05-15	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$156,350	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$45,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$497	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$497	InterestOnSavNetInvstIncmAmt
Total Rev And Expnss	$45,497	TotalRevAndExpnssAmt
Total Net Invst Incm	$497	TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$0	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$0	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$45,497	ExcessRevenueOverExpensesAmt
Net Investment Income	$497	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	-$1	CashBOYAmt
Cash EOY	-$1	CashEOYAmt
Sav And Temp Cash Invst BOY	$110,853	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$156,350	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$156,350	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$110,852	TotalAssetsBOYAmt
Total Assets EOY	$156,349	TotalAssetsEOYAmt
Total Assets EOYFMV	$156,350	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$110,852	UnrestrictedBOYAmt
Unrestricted EOY	$156,349	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$110,852	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$156,349	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$110,852	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$156,349	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$110,852	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$45,497	ExcessRevenueOverExpensesAmt
Subtotal	$156,349	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$156,349	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Net Vl Noncharitable Assets Yr1	$94,633	NetVlNoncharitableAssetsYr1Amt
Adjusted Qlfy Distri Yr2	$35,000	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$73,809	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.474197	DistributionYr2Rt
Net Vl Noncharitable Assets Yr3	$82,454	NetVlNoncharitableAssetsYr3Amt
Net Vl Noncharitable Assets Yr4	$62,684	NetVlNoncharitableAssetsYr4Amt
Adjusted Qlfy Distri Yr5	$10,150	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$42,433	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.239201	DistributionYr5Rt
Total Distribution	0.713398	TotalDistributionRt
Average Distribution	0.356699	AverageDistributionRt
Net Vl Noncharitable Assets	$120,064	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$42,827	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$5	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$42,832	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$0	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$10	InvestmentIncomeExciseTaxAmt
Subtotal	$10	SubtotalAmt
Tax Based On Investment Income	$10	TaxBasedOnInvestmentIncomeAmt
Tax Due	$10	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	TN	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	SCOTTY MARR	IndividualWithBooksNm
Phone	9316845915	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1110 EVANS STREET	AddressLine1Txt
City	SHELBYVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37160	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES MCDONALD
PO BOX 1010	SHELBYVILLE	TN	37160	CHAIRMAN	000.00	$0	$0	$0
JOHN T BOBO
PO BOX 169	SHELBYVILLE	TN	37162	VICE CHAIRMA	000.00	$0	$0	$0
RICK INSELL
PO BOX 1010	SHELBYVILLE	TN	37160	TREASURER	000.00	$0	$0	$0
SCOTT JOHNSON
PO BOX 1010	SHELBYVILLE	TN	37162	SECRETARY	000.00	$0	$0	$0
DAVID CROWELL
PO BOX 1010	SHELBYVILLE	TN	37162	DIRECTOR	000.00	$0	$0	$0
JEFFREY HOWARD
PO BOX 1010	SHELBYVILLE	TN	37162	DIRECTOR	000.00	$0	$0	$0
PAT MARSH
PO BOX 1010	SHELBYVILLE	TN	37162	DIRECTOR	000.00	$0	$0	$0
MIKE INMAN
PO BOX 1010	SHELBYVILLE	TN	37162	CEO	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$121,892	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$121,892	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$121,892	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,828	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$120,064	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$6,003	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$6,003	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$10	TaxBasedOnInvestmentIncomeAmt
Total Tax	$10	TotalTaxAmt
Distributable Before Adj	$5,993	DistributableBeforeAdjAmt
Distributable Before Ded	$5,993	DistributableBeforeDedAmt
Distributable As Adjusted	$5,993	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$0	ExpensesAndContributionsAmt
Qualifying Distributions	$0	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$5,993	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$8,028	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2	$31,312	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$39,340	TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus	$5,993	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$5,993	ExcessDistributionCyovAppCYAmt
Total Corpus	$33,347	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$2,035	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$31,312	ExcessDistriCyovToNextYrAmt
Excess From Year2	$31,312	ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NA	ContributingManagerNm
Shareholder Manager	NA	ShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	MIKE INMAN CEO	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1010	AddressLine1Txt
City	SHELBYVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37162	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	9316845915	RecipientPhoneNum
Recipient Email Address	MINMAN@TWHNC.COM	RecipientEmailAddressTxt
Form And Info And Materials	LETTER WITH AMOUNT REQUESTED, BY WHOM AND FULL DETAILS OF PLANNED USE OF FUNDS.	FormAndInfoAndMaterialsTxt
Submission Deadlines	NO	SubmissionDeadlinesTxt
Restrictions On Awards	LIMITED TO SUPPORT OF TN WALKING HORSE PROGRAMS.	RestrictionsOnAwardsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$497	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$497	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$497	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	Yes (true)	RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail (2 entries)

Organization TypeOrganizationTypeDesc	Relationship DescriptionRelationshipDescriptionTxt
SHOW INC
501(C)3	MEMBERS OF THE BOARD OF DIRECTORS
TN WALKING HORSE NATL
501(C)5	MEMBERS OF THE BOARD OF DIRECTORS

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
KEITH MCSWAIN
1	1125 PARK WOODS CIRCLE	ALPHARETTA	GA	30201	$20,000	Yes (X)
ELISABETH LOCKE BEASLEY
2	202 RIDGELAWN DRIVE	ATHENS	AL	356132018	$25,000	Yes (X)

Comments