Civic Intelligence

The Finger Lakes Hbpa Inc

EIN 16-1422232 • 501(c)6 • Farmington, NY

View Organization Page

Profile

Administration of horsemen's association

PO Box 25250Farmington, NY 14425

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.09x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.09x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

57th percentile

6.6%

Higher net margin than 57% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

50th percentile

$138,603

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 27.6% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

56th percentile

7.2%

Faster asset growth than 56% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

82nd percentile

24%

Faster revenue growth than 82% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$482,045

Up $32,336 (+7.2%) from 2023

Liabilities

Down

$44,515

Down $685 (-1.5%) from 2023

Net Assets

Up

$437,530

Up $33,021 (+8.2%) from 2023

Operations
Liabilities / Revenue38th percentileNet Margin57th percentile

Revenue

Up

$501,281

Up $97,277 (+24%) from 2023

Expenses

Up

$468,260

Up $41,553 (+9.7%) from 2023

Net Income

Up

$33,021

Up $55,724 (+245%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $530,516Liabilities 2010: $15,450Net Assets 2010: $515,0662010Assets 2011: $502,183Liabilities 2011: $15,702Net Assets 2011: $486,4812011Assets 2012: $546,722Liabilities 2012: $70,028Net Assets 2012: $476,6942012Assets 2013: $513,381Liabilities 2013: $10,406Net Assets 2013: $502,9752013Assets 2014: $518,279Liabilities 2014: $62,212Net Assets 2014: $456,0672014Assets 2015: $519,338Liabilities 2015: $37,683Net Assets 2015: $481,6552015Assets 2016: $325,759Liabilities 2016: $23,949Net Assets 2016: $301,8102016Assets 2017: $419,123Liabilities 2017: $122,314Net Assets 2017: $296,8092017Assets 2018: $412,405Liabilities 2018: $126,676Net Assets 2018: $285,7292018Assets 2019: $336,071Liabilities 2019: $25,474Net Assets 2019: $310,5972019Assets 2020: $362,686Liabilities 2020: $38,308Net Assets 2020: $324,3782020Assets 2021: $534,724Liabilities 2021: $32,444Net Assets 2021: $502,2802021Assets 2022: $482,535Liabilities 2022: $24,423Net Assets 2022: $458,1122022Assets 2023: $449,709Liabilities 2023: $45,200Net Assets 2023: $404,5092023Assets 2024: $482,045Liabilities 2024: $44,515Net Assets 2024: $437,5302024

Highlighted filing

2024

Assets$482,045
Liabilities$44,515
Net Assets$437,530
Open 2024 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,107,4612010Revenue 2011: $1,330,021Expenses 2011: $1,358,606Net Income 2011: -$28,5852011Expenses 2012: $1,520,7242012Revenue 2013: $1,644,380Expenses 2013: $1,618,099Net Income 2013: $26,2812013Revenue 2014: $1,569,845Expenses 2014: $1,616,753Net Income 2014: -$46,9082014Revenue 2015: $1,404,454Expenses 2015: $1,378,866Net Income 2015: $25,5882015Revenue 2016: $1,283,242Expenses 2016: $1,463,087Net Income 2016: -$179,8452016Revenue 2017: $1,281,805Expenses 2017: $1,286,806Net Income 2017: -$5,0012017Revenue 2018: $1,127,910Expenses 2018: $1,138,990Net Income 2018: -$11,0802018Revenue 2019: $1,083,381Expenses 2019: $1,058,513Net Income 2019: $24,8682019Revenue 2020: $749,411Expenses 2020: $735,630Net Income 2020: $13,7812020Revenue 2021: $1,210,919Expenses 2021: $1,033,017Net Income 2021: $177,9022021Revenue 2022: $1,185,352Expenses 2022: $1,167,117Net Income 2022: $18,2352022Revenue 2023: $404,004Expenses 2023: $426,707Net Income 2023: -$22,7032023Revenue 2024: $501,281Expenses 2024: $468,260Net Income 2024: $33,0212024

Highlighted filing

2024

Revenue$501,281
Expenses$468,260
Net Income$33,021
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$482,045
Liabilities
$44,515
Net assets
$437,530
Revenue
$501,281
Expenses
$468,260
Net income
$33,021
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.48$0.04$0.44$0.50$0.47$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.45$0.05$0.40$0.40$0.43$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.48$0.02$0.46$1.19$1.17$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.03$0.50$1.21$1.03$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.32$0.75$0.74$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.03$0.31$1.08$1.06$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.13$0.29$1.13$1.14$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.12$0.30$1.28$1.29$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.02$0.30$1.28$1.46$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.52$0.04$0.48$1.40$1.38$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.06$0.46$1.57$1.62$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$1.64$1.62$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.07$0.48$1.52
2011Summary only. Only limited summary data is available for this year.$0.50$0.02$0.49$1.33$1.36$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.02$0.52$1.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 21, 2025
Return Version
2024v5.2
Gross Receipts
$1,059,692
Mission and Program Overview

Mission

Administration of horsemen's association

Administration of horsemens association for the finger lakes racetrack

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$274,623$255,840▼ $18,783
Savings and Temporary Cash Investments$100,907$154,290▲ $53,383
Inventories for Sale or Use$29,762$30,348▲ $586
Accounts Receivable$24,853$24,415▼ $438
Prepaid Expenses and Deferred Charges$5,857$10,299▲ $4,442
Land, Buildings, and Equipment, Net$13,707$6,853▼ $6,854
Total Assets$449,709$482,045▲ $32,336
Liabilities
Accounts Payable and Accrued Expenses$45,200$44,515▼ $685
Total Liabilities$45,200$44,515▼ $685
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$404,509$437,530▲ $33,021
Total Net Assets Fund Balance$404,509$437,530▲ $33,021
Total Liabilities and Net Assets / Fund Balance$449,709$482,045▲ $32,336

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,853$314,991$321,844
Other Land Buildings-$41,703$41,703
Buildings-$25,124$25,124
Leasehold Improvements-$6,750$6,750
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Austin ReedExecutive DirectorFT$138,603$138,603

Board Members and Trustees

NameTitle
Jon BuckleyVice President
Chris Garrie-
Elizabeth Hendy-
Kathleen Babcock-
Keith Oneill-
Mark Wipperman-
Paul Barrow-
Rachel Sells-
Wanda Polisseni-
Edward BabcockTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$384,183
Investment Income
$62,746
Other Revenue
$54,352
Change in Net Assets
$33,021
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$248,287
Other Expenses$185,597
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$138,603--$138,603
Other Salaries and Wages$109,684--$109,684
Other Expenses$34,407--$34,407
Benefits to Members$34,376--$34,376
Fees for Services Lobbying$24,778--$24,778
Insurance$18,454--$18,454
Advertising$16,422--$16,422
Fees for Services Accounting$13,000--$13,000
Fees for Services Other$12,900--$12,900
Depreciation Depletion$6,853--$6,853
Total Functional Expenses$468,260$0$0$468,260
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“Directors kathleen babcock and edward babcock had a family relationship during the filing year”

Members or stockholder classes and rights Part VI line 6

“There are over 500 members of the organization. The memebers consist of horse owners, trainers, jockeys and other horsemen affiliated with the finger lakes racetrack in farmington, ny.”

Member election for additional members Part VI line 7A

“Each member has a single vote that may be used to elect the 10 members of the board of directors and the board president. The election occurs once every three years. During the filing year, the board president position was vacant.”

Form 990 governing body review Part VI line 11

“The organization provided a copy of the form 990 to board members for their review prior to filing the form 990.”

CEO executive director top management comp Part VI line 15A

“The process for determining compensation of the executive director includes a review and approval of the board and comparison to compensaton for a comparable position.”

Governing documents etc available to public Part VI line 19

“The organization makes its governing documents, tax returns and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Finger Lakes Hbpa Inc
EIN
16-1422232
In Care Of
% AUSTIN REED
Phone
5857429227
Address
PO BOX 25250, FARMINGTON, NY 14425

Signing Officer

Name
Austin Reed
Title
Executive Director
Phone
5857429222
Signed
2025-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Austin Reed
Formed
1990
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
10

Preparer

Firm
Christopher C Pratt CPA Esq
Address
6800 PITTSFORD PALMYRA RD 230, Fairport, NY 14450
Preparer
Chris C Pratt CPA Esq
Phone
5852237430
Supplemental Narrative

Additional Explanations

Audited by an independent accountant Part XII line 2B

“The board of directors assumes responsibility for the selection of the independent accounting firm and oversees the audit/review/compilation process, as applicable. This process has not changed from the prior year.”

Raw XML Appendix383 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt045200
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt044515
IRS990/AccountsReceivableGrp/BOYAmt024853
IRS990/AccountsReceivableGrp/EOYAmt024415
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ADMINISTRATION OF HORSEMENS ASSOCIATION FOR THE FINGER LAKES RACETRACK
IRS990/AdvertisingGrp/ProgramServicesAmt016422
IRS990/AdvertisingGrp/TotalAmt016422
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt034376
IRS990/BenefitsToMembersGrp/TotalAmt034376
IRS990/BooksInCareOfDetail/PersonNm0AUSTIN REED
IRS990/BooksInCareOfDetail/PhoneNum05857429227
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 25250
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014425
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0274623
IRS990/CashNonInterestBearingGrp/EOYAmt0255840
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0138603
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0138603
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0558411
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt034376
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt062746
IRS990/CYOtherExpensesAmt0185597
IRS990/CYOtherRevenueAmt054352
IRS990/CYProgramServiceRevenueAmt0384183
IRS990/CYRevenuesLessExpensesAmt033021
IRS990/CYSalariesCompEmpBnftPaidAmt0248287
IRS990/CYTotalExpensesAmt0468260
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0501281
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06853
IRS990/DepreciationDepletionGrp/TotalAmt06853
IRS990/Desc0ADMINISTRATION OF HORSEMENS ASSOCIATON AND HORSEMENS BOOKKEEPER ACCOUNT
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0468260
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt013000
IRS990/FeesForServicesAccountingGrp/TotalAmt013000
IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt024778
IRS990/FeesForServicesLobbyingGrp/TotalAmt024778
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012900
IRS990/FeesForServicesOtherGrp/TotalAmt012900
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0AUSTIN REED
IRS990/Form990PartVIISectionAGrp/PersonNm1EDWARD BABCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm2JON BUCKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3RACHEL SELLS
IRS990/Form990PartVIISectionAGrp/PersonNm4KEITH ONEILL
IRS990/Form990PartVIISectionAGrp/PersonNm5PAUL BARROW
IRS990/Form990PartVIISectionAGrp/PersonNm6WANDA POLISSENI
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRIS GARRIE
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK WIPPERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9KATHLEEN BABCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm10ELIZABETH HENDY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0138603
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01059692
IRS990/GrossSalesOfInventoryAmt0561257
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt018454
IRS990/InsuranceGrp/TotalAmt018454
IRS990/InventoriesForSaleOrUseGrp/BOYAmt029762
IRS990/InventoriesForSaleOrUseGrp/EOYAmt030348
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt062746
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt062746
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0388568
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013707
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06853
IRS990/LandBldgEquipCostOrOtherBssAmt0395421
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ADMINISTRATION OF HORSEMENS ASSOCIATION FOR THE FINGER LAKES RACETRACK
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0404509
IRS990/NetAssetsOrFundBalancesEOYAmt0437530
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02846
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02846
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0404509
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0437530
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1DUES NATIONAL HBPA
IRS990/OtherExpensesGrp/Desc2MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/ProgramServicesAmt025794
IRS990/OtherExpensesGrp/ProgramServicesAmt110500
IRS990/OtherExpensesGrp/ProgramServicesAmt222489
IRS990/OtherExpensesGrp/ProgramServicesAmt334407
IRS990/OtherExpensesGrp/TotalAmt025794
IRS990/OtherExpensesGrp/TotalAmt110500
IRS990/OtherExpensesGrp/TotalAmt222489
IRS990/OtherExpensesGrp/TotalAmt334407
IRS990/OtherRevenueMiscGrp/BusinessCd0711210
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt051506
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt051506
IRS990/OtherRevenueTotalAmt051506
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0109684
IRS990/OtherSalariesAndWagesGrp/TotalAmt0109684
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05857
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010299
IRS990/PrincipalOfficerNm0AUSTIN REED
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711210
IRS990/ProgramServiceRevenueGrp/BusinessCd1711210
IRS990/ProgramServiceRevenueGrp/BusinessCd2711210
IRS990/ProgramServiceRevenueGrp/BusinessCd3711210
IRS990/ProgramServiceRevenueGrp/Desc0HORSEMENS PURSE MONEY
IRS990/ProgramServiceRevenueGrp/Desc1HORSEMENS BOOKKEEPING
IRS990/ProgramServiceRevenueGrp/Desc2START FEES
IRS990/ProgramServiceRevenueGrp/Desc3HORSE EXCERCISER TICKE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0230367
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt187000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt240416
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt326400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0230367
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt187000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt240416
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt326400
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt024913
IRS990/PYInvestmentIncomeAmt027127
IRS990/PYOtherExpensesAmt0151552
IRS990/PYOtherRevenueAmt014631
IRS990/PYProgramServiceRevenueAmt0362246
IRS990/PYRevenuesLessExpensesAmt0-22703
IRS990/PYSalariesCompEmpBnftPaidAmt0250242
IRS990/PYTotalExpensesAmt0426707
IRS990/PYTotalRevenueAmt0404004
IRS990/ReconcilationRevenueExpnssAmt033021
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0438535
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100907
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0154290
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt025124
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025124
IRS990ScheduleD/EquipmentGrp/BookValueAmt06853
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0314991
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0321844
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06750
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06750
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt041703
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt041703
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06853
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTORS KATHLEEN BABCOCK AND EDWARD BABCOCK HAD A FAMILY RELATIONSHIP DURING THE FILING YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE OVER 500 MEMBERS OF THE ORGANIZATION. THE MEMEBERS CONSIST OF HORSE OWNERS, TRAINERS, JOCKEYS AND OTHER HORSEMEN AFFILIATED WITH THE FINGER LAKES RACETRACK IN FARMINGTON, NY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER HAS A SINGLE VOTE THAT MAY BE USED TO ELECT THE 10 MEMBERS OF THE BOARD OF DIRECTORS AND THE BOARD PRESIDENT. THE ELECTION OCCURS ONCE EVERY THREE YEARS. DURING THE FILING YEAR, THE BOARD PRESIDENT POSITION WAS VACANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDED A COPY OF THE FORM 990 TO BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR INCLUDES A REVIEW AND APPROVAL OF THE BOARD AND COMPARISON TO COMPENSATON FOR A COMPARABLE POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, TAX RETURNS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE SELECTION OF THE INDEPENDENT ACCOUNTING FIRM AND OVERSEES THE AUDIT/REVIEW/COMPILATION PROCESS, AS APPLICABLE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Audited by an independent accountant Part XII line 2b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0449709
IRS990/TotalAssetsEOYAmt0482045
IRS990/TotalAssetsGrp/BOYAmt0449709
IRS990/TotalAssetsGrp/EOYAmt0482045
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0468260
IRS990/TotalFunctionalExpensesGrp/TotalAmt0468260
IRS990/TotalGrossUBIAmt062746
IRS990/TotalLiabilitiesBOYAmt045200
IRS990/TotalLiabilitiesEOYAmt044515
IRS990/TotalLiabilitiesGrp/BOYAmt045200
IRS990/TotalLiabilitiesGrp/EOYAmt044515
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0404509
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0437530
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0468260
IRS990/TotalProgramServiceRevenueAmt0384183
IRS990/TotalReportableCompFromOrgAmt0138603
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0438535
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0501281
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt062746
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0449709
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0482045
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 25250
IRS990/USAddress/CityNm0FARMINGTON
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014425
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AUSTIN REED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05857429222
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FINGER LAKES HBPA INC
ReturnHeader/Filer/BusinessNameControlTxt0FING
ReturnHeader/Filer/EIN0161422232
ReturnHeader/Filer/InCareOfNm0% AUSTIN REED
ReturnHeader/Filer/PhoneNum05857429227
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 25250
ReturnHeader/Filer/USAddress/CityNm0FARMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014425
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRISTOPHER C PRATT CPA ESQ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06800 PITTSFORD PALMYRA RD 230
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fairport
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014450
ReturnHeader/PreparerPersonGrp/PhoneNum05852237430
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRIS C PRATT CPA ESQ
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-08-11T13:04:28-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.