Compensation 990

Mustangs Forever Inc.

Fiscal year ending 2020. Filed on June 11, 2021.

4751 Goat Creek Road
Kerrville, Texas 78028

Mustangs Forever Inc. (EIN: 20-0445652) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2020 IRS Form 990 filing, Mustangs Forever Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 3 total employees. Among the employees shown here, the average compensation is $73,200. The highest compensated employee at Mustangs Forever Inc. is Wesley Olson with fiscal year 2020 compensation of $73,200.

Revenue, expenses, and employee compensation

Revenue

$1,344,915

Expenses

$578,795

Employee compensation

$160,498
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Non-Employee Board Members

New in 2020
Randy Olson
Executive Director
$2,500
$2,500 from orgNo related compNo other comp
Elizabeth Olson
Secretary Product Developmen
No compensation reported
New in 2020
Jerry Stephens
Second Vice President
No compensation reported
Marsha Olson
President and Treasurer
No compensation reported
New in 2020
Rene Stephens
Director
No compensation reported
Tye Stephens
Director
No compensation reported
New in 2020
James Lowrance
Vice President
No compensation reported

Mission Statement

PROVIDE VETERINARY CARE, SHELTER FEEDING AND TRAINING OF WILD MUSTANGS PROCURED FROM THE BUREAU OF LAND MANAGEMENT

Revisions to this organization profile

April 3, 2025:
2024 Mustangs Forever Inc. 990 filed
April 25, 2024:
2023 Mustangs Forever Inc. 990 filed
June 8, 2023:
2022 Mustangs Forever Inc. 990 filed

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