Thoroughbred Retirement Foundation Inc

“The chairman, ceo, and treasurer, review the form 990 individually. The three 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.”

“Blacksmith: program service expenses 56,271. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,271. Repairs and maintenance: program service expenses 32,576. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,576. Printing and publications: program service expenses 0. Management and general expenses 320. Fundraising expenses 25,255. Total expenses 25,575. Supplies: program service expenses 16,380. Management and general expenses 1,898. Fundraising expenses 1,008. Total expenses 19,286. Bank charges: program service expenses 88. Management and general expenses 11,525. Fundraising expenses 4,934. Total expenses 16,547. Postage and freight: program service expenses 814. Management and general expenses 4,602. Fundraising expenses 8,179. Total expenses 13,595. Equipment rental: program service expenses 5,699. Management and general expenses 4,254. Fundraising expenses 1,639. Total expenses 11,592. Dues: program service expenses 0. Management and general expenses 9,751. Fundraising expenses 1,241. Total expenses 10,992. Telephone: program service expenses 4,277. Management and general expenses 3,768. Fundraising expenses 833. Total expenses 8,878. Medical supplies: program service expenses 8,782. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,782. Transportation: program service expenses 4,710. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,710. Training: program service expenses 4,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,000. Utilities: program service expenses 1,092. Management and general expenses 1,810. Fundraising expenses 0. Total expenses 2,902. Taxes and licenses: program service expenses 152. Management and general expenses 2,180. Fundraising expenses 0. Total expenses 2,332. Appeal and book: program service expenses 0. Management and general expenses 0. Fundraising expenses 2,102. Total expenses 2,102. Miscellaneous: program service expenses 533. Management and general expenses 0. Fundraising expenses 0. Total expenses 533.”

“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.”