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.”

“Blacksmith: program service expenses 93,376. Management and general expenses 0. Fundraising expenses 0. Total expenses 93,376. Printing and publications: program service expenses 4,319. Management and general expenses 425. Fundraising expenses 63,269. Total expenses 68,013. Supplies: program service expenses 57,702. Management and general expenses 154. Fundraising expenses 1,098. Total expenses 58,954. Repairs and maintenance: program service expenses 42,701. Management and general expenses 15,472. Fundraising expenses 0. Total expenses 58,173. Medical supplies: program service expenses 33,281. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,281. Transportation: program service expenses 27,980. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,980. Bank charges: program service expenses 2,014. Management and general expenses 22,871. Fundraising expenses 0. Total expenses 24,885. Training: program service expenses 23,878. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,878. Postage and freight: program service expenses 3,730. Management and general expenses 1,749. Fundraising expenses 7,558. Total expenses 13,037. Telephone: program service expenses 7,894. Management and general expenses 2,500. Fundraising expenses 2,538. Total expenses 12,932. Equipment rental: program service expenses 67. Management and general expenses 0. Fundraising expenses 8,260. Total expenses 8,327. Internet: program service expenses 838. Management and general expenses 0. Fundraising expenses 2,370. Total expenses 3,208. Taxes and licenses: program service expenses 1,339. Management and general expenses 1,805. Fundraising expenses 0. Total expenses 3,144. Utilities: program service expenses 2,229. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,229. Appeal and book expenses: program service expenses 1,703. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,703. Dues: program service expenses 210. Management and general expenses 550. Fundraising expenses 0. Total expenses 760.”

“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.”