Thoroughbred Retirement Foundation Inc

“The chairman, cfo, treasurer, and the external affairs director review the form 990 individually. The four individuals hold a meeting to discuss any questions that they may have. If any corrections or changes are needed, the accounting firm engaged to prepare the form 990 is notified. Also, the executive committee and the board also review the audit report.”

“The foundation board is a governing board that meets monthly to discuss and decide on issues related to the foundation, its policy, performance and the foundation staff.”

“All salaries are approved by the board and salaried employees serving as directors are not permitted to vote when it relate to compensation.”

“The organization's form 990 is available by submitting a written request to the organization's main office and is avaliable on guidestar's website.”

“The organization's governing documents and financial statements are available by submiting a written request to the organization's main office.”

“Printing and publications: program service expenses 1,414. Management and general expenses 305. Fundraising expenses 45,226. Total expenses 46,945. Repairs and maintenance: program service expenses 46,663. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,663. Contract labor: program service expenses 7,856. Management and general expenses 12,493. Fundraising expenses 24,449. Total expenses 44,798. Postage and freight: program service expenses 1,611. Management and general expenses 2,211. Fundraising expenses 24,590. Total expenses 28,412. Utilities: program service expenses 21,628. Management and general expenses 3,270. Fundraising expenses 3,330. Total expenses 28,228. Medical supplies: program service expenses 20,843. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,843. Supplies: program service expenses 11,961. Management and general expenses 170. Fundraising expenses 18. Total expenses 12,149. Telephone: program service expenses 5,298. Management and general expenses 3,110. Fundraising expenses 3,675. Total expenses 12,083. Training: program service expenses 9,576. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,576. Bank charges: program service expenses 3,517. Management and general expenses 4,467. Fundraising expenses 99. Total expenses 8,083. Taxes and licenses: program service expenses 3,319. Management and general expenses 2,814. Fundraising expenses 0. Total expenses 6,133. Internet: program service expenses 3,381. Management and general expenses 1,385. Fundraising expenses 1,089. Total expenses 5,855. Equipment rental: program service expenses 294. Management and general expenses 2,480. Fundraising expenses 1,956. Total expenses 4,730. Transportation: program service expenses 4,632. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,632. Dues: program service expenses 995. Management and general expenses 618. Fundraising expenses 262. Total expenses 1,875. Miscellaneous: program service expenses 0. Management and general expenses 548. Fundraising expenses 0. Total expenses 548.”

“Prior period in-kind land donation sold during year 1,500,000.”

“Form 990 part xi line 2c: the board of directors is responsible for the selection of the independent accountants and the oversight of the audit of the organization's financial statements. These responsbilities have not changed from the prior year.”