Texas Lamb Breeders Assoc

Nonprofit profile at a glance

EIN
752796614
IRS 990-EZ coverage
2015–2025
Forms available
Form 990-EZ 2025
Location
Fredonia, TX, USA
Phone
3254296249
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Husbandry

Reported finances

Revenue
$138,973
Expenses
$147,556
Assets
$141,457

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • SAM SILVERS (PRESIDENT)
  • SCOTT FLANAGAN (1ST VICE PRESIDENT)
  • CHASE MCPHAUL (2ND VICE PRESIDENT)

People named in this filing

  • SAM SILVERS (PRESIDENT)
  • SCOTT FLANAGAN (1ST VICE PRESIDENT)
  • CHASE MCPHAUL (2ND VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organizations primary exempt purpose is to educate the public, especially the youth regarding the selection, feeding, fitting and showing of sheep raised in the state of Texas.

What it reported doing in 2025

The organization was established to allow lamb breeders to support the youth of the state of texasin the raising of market lambs. Also the organization encourages the growth of knowledge of the sheep industry through skillathons held in conjunction with Texas major stockshows.

Operating model

Revenue model
Other-operating. 71% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.3%; rating input score 95
  • Program expense ratio: 89.8%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6.2%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 6.1% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 2.3% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 95.3% of revenue deployed · 89.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $132K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 18/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.