Civic Intelligence

Old Friends Inc.

990 • Fiscal year 2017 • EIN 20-0049798

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 31, 2018

Organization ProfileWWW.OLDFRIENDSEQUINE.COM
1841 Paynes Depot RdGeorgetown, KY 40324

(502) 863-1775

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.81x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

1.97x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

43rd percentile

$43,500

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

12%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$4,678,735

Up $691,151 (+17%) from 2016

Net Assets

Up

$874,256

Up $231,517 (+36%) from 2016

Liabilities

Up

$3,804,479

Up $459,634 (+14%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin69th percentile

Revenue

Up

$1,929,428

Up $204,275 (+12%) from 2016

Expenses

Up

$1,697,911

Up $21,766 (+1.3%) from 2016

Net Income

Up

$231,517

Up $182,509 (+372%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $1,866,929Liabilities 2011: $1,641,623Net Assets 2011: $225,3062011Assets 2012: $1,905,196Liabilities 2012: $1,595,376Net Assets 2012: $309,8202012Assets 2013: $1,848,052Liabilities 2013: $1,841,340Net Assets 2013: $6,7122013Assets 2014: $1,959,878Liabilities 2014: $1,548,414Net Assets 2014: $411,4642014Assets 2015: $2,866,790Liabilities 2015: $2,328,791Net Assets 2015: $537,9992015Assets 2016: $3,987,584Liabilities 2016: $3,344,845Net Assets 2016: $642,7392016Assets 2017: $4,678,735Liabilities 2017: $3,804,479Net Assets 2017: $874,2562017Assets 2018: $4,699,448Liabilities 2018: $3,730,804Net Assets 2018: $968,6442018Assets 2019: $4,995,382Liabilities 2019: $3,401,440Net Assets 2019: $1,593,9422019Assets 2020: $4,982,047Liabilities 2020: $3,311,140Net Assets 2020: $1,670,9072020Assets 2021: $5,076,861Liabilities 2021: $2,727,741Net Assets 2021: $2,349,1202021Assets 2022: $5,139,795Liabilities 2022: $2,610,412Net Assets 2022: $2,529,3832022Assets 2023: $5,393,517Liabilities 2023: $2,463,418Net Assets 2023: $2,930,0992023Assets 2024: $9,010,136Liabilities 2024: $5,755,920Net Assets 2024: $3,254,2162024

Highlighted filing

2017

Assets$4,678,735
Liabilities$3,804,479
Net Assets$874,256
Open 2017 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,144,473Expenses 2011: $995,898Net Income 2011: $148,5752011Revenue 2012: $1,086,925Expenses 2012: $1,002,410Net Income 2012: $84,5152012Revenue 2013: $918,817Expenses 2013: $1,286,941Net Income 2013: -$368,1242013Revenue 2014: $1,310,457Expenses 2014: $1,152,962Net Income 2014: $157,4952014Revenue 2015: $1,536,230Expenses 2015: $1,408,412Net Income 2015: $127,8182015Revenue 2016: $1,725,153Expenses 2016: $1,676,145Net Income 2016: $49,0082016Revenue 2017: $1,929,428Expenses 2017: $1,697,911Net Income 2017: $231,5172017Revenue 2018: $2,068,853Expenses 2018: $1,974,465Net Income 2018: $94,3882018Revenue 2019: $2,473,416Expenses 2019: $1,847,909Net Income 2019: $625,5072019Revenue 2020: $2,075,597Expenses 2020: $1,998,632Net Income 2020: $76,9652020Revenue 2021: $2,968,063Expenses 2021: $2,289,850Net Income 2021: $678,2132021Revenue 2022: $2,822,819Expenses 2022: $2,569,911Net Income 2022: $252,9082022Revenue 2023: $3,641,088Expenses 2023: $3,240,372Net Income 2023: $400,7162023Revenue 2024: $3,952,418Expenses 2024: $3,628,301Net Income 2024: $324,1172024

Highlighted filing

2017

Revenue$1,929,428
Expenses$1,697,911
Net Income$231,517
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 31, 2018
Return Version
2017v2.3
Gross Receipts
$2,063,826
Mission and Program Overview

Mission

Care and protection of retired racing thorughbreds.

The primary exempt purpose of old friends, inc. Is to care and protect retired racehorses. We raise awareness fo the treatment of thoroughbreds no longer racing and useful to their owners by protecting them on our farm where we keep and care for the horses as well.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,714,277$4,416,680▲ $702,403
Rtn Earn Endowment Incm Other Fnds$642,739$874,256▲ $231,517
Cash and Non-Interest-Bearing Accounts$214,375$189,715▼ $24,660
Investments in Publicly Traded Securities$19,627$47,954▲ $28,327
Inventories for Sale or Use$39,305$23,066▼ $16,239
Total Assets$3,987,584$4,678,735▲ $691,151
Other Assets Total-$1,320-
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,243,033$3,591,197▲ $348,164
Accounts Payable and Accrued Expenses$54,812$166,782▲ $111,970
Unsecured Notes Loans Payable$47,000$46,500▼ $500
Total Liabilities$3,344,845$3,804,479▲ $459,634
Net Assets / Fund Balance
Total Net Assets Fund Balance$642,739$874,256▲ $231,517
Total Liabilities and Net Assets / Fund Balance$3,987,584$4,678,735▲ $691,151

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,804,976-$2,804,976
Buildings$1,373,596$430,882$1,804,478
Equipment$121,453$83,574$205,027
Other Land Buildings$116,655$32,236$148,891
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael BlowenPresident/boFT$43,500$43,500
Cynthia GrisoliaChairmanFT$24,156$24,156
Barbara FossumSecretary/boPT$14,141$14,141

Board Members and Trustees

NameTitle
Clark NybergBoard Member
Corey JohnsenBoard Member
Dennis BridaBoard Member
Diane WhiteBoard Member
Jeffrey BurchBoard Member
Jill BaffertBoard Member
John Park DvmBoard Member
Mark SimonBoard Member
Ron PortellBoard Member
Ron WallaceBoard Member
Rosie NapravnikBoard Member
Suzanne MundyBoard Member
Mark OttoTreasurer/bo
Williiam Van DendoolVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,628,911
Program Service Revenue
$152,090
Investment Income
$311
Other Revenue
$148,116
All Other Contributions
$1,628,911
Change in Net Assets
$231,517

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$25,728Average of High & Low
Total Noncash Contributions4$25,728-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,528,850
Salaries, Compensation, and Employee Benefits$169,061
Total Fundraising Expense$11,498
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$145,023--$145,023
Current Officers, Directors, Trustees, and Key Employees-$115,667-$115,667
Depreciation Depletion$103,259--$103,259
Comp Disqual Persons-$35,281-$35,281
Office Expenses$3,525$21,181-$24,706
Payroll Taxes-$17,403-$17,403
Fees for Services Accounting-$16,665-$16,665
Advertising--$11,498$11,498
Other Expenses$5,442$6,394-$5,442
Travel-$4,007-$4,007
Fees for Services Other-$2,950-$2,950
Other Salaries and Wages-$710-$710
Conferences and Meetings-$121-$121
Total Functional Expenses$1,466,034$220,379$11,498$1,697,911
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$86,455
Fundraising Direct Expenses$28,124
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Homecoming 2017$44,011$44,011$9,829$34,182
Other Fundraise$30,603$30,603$7,009$23,594
Total Events$86,455$86,455$28,124$58,331
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
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
No
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

Form 990, Page 6, Part VI, Line 2

“Michael blowen diane white president board member husband/wife”

Form 990, Page 6, Part VI, Line 11B

“The 990 is reviewed by the board prior to filing.”

Form 990, Page 6, Part VI, Line 19

“PROVIDED UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Old Friends Inc
EIN
20-0049798
Address
1841 PAYNES DEPOT RD, GEORGETOWN, KY 40324

Signing Officer

Name
Michael Blowen
Title
President/board Memb
Signed
2018-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Blowen
Formed
2005
Legal Domicile
Ky
Voting Board Members
17
Independent Board Members
14
Employees
22
Volunteers
30

Preparer

Firm
Stephen D Schnettler Pllc
Address
300 W MAXWELL STREET, LEXINGTON, KY 40508
Preparer
Stephen D Schnettler
Phone
8592548558
Raw XML AppendixShowing 400 of 484 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/BOYAmt054812
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0166782
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PRIMARY EXEMPT PURPOSE OF OLD FRIENDS, INC. IS TO CARE AND PROTECT RETIRED RACEHORSES. WE RAISE AWARENESS FO THE TREATMENT OF THOROUGHBREDS NO LONGER RACING AND USEFUL TO THEIR OWNERS BY PROTECTING THEM ON OUR FARM WHERE WE KEEP AND CARE FOR THE HORSES AS WELL.
IRS990/AdvertisingGrp/FundraisingAmt011498
IRS990/AdvertisingGrp/TotalAmt011498
IRS990/AllOtherContributionsAmt01628911
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL BLOWEN
IRS990/BooksInCareOfDetail/PhoneNum05028631775
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01841 PAYNES DEPOT RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0GEORGETOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040324
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0214375
IRS990/CashNonInterestBearingGrp/EOYAmt0189715
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0115667
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0115667
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt035281
IRS990/CompDisqualPersonsGrp/TotalAmt035281
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0121
IRS990/ConferencesMeetingsGrp/TotalAmt0121
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0106274
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01628911
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0311
IRS990/CYOtherExpensesAmt01528850
IRS990/CYOtherRevenueAmt0148116
IRS990/CYProgramServiceRevenueAmt0152090
IRS990/CYRevenuesLessExpensesAmt0231517
IRS990/CYSalariesCompEmpBnftPaidAmt0169061
IRS990/CYTotalExpensesAmt01697911
IRS990/CYTotalFundraisingExpenseAmt011498
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01929428
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0103259
IRS990/DepreciationDepletionGrp/TotalAmt0103259
IRS990/Desc0RAISE AWARENESS OF TREATMENT OF RETURED REACEHORSES AND TO CARE FOR AND HONOR THE REACEHORSES. WE HAVE PURCHASED A FARM WHERE WE KEEP AND CARE FOR RETIRED RACEHORSES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt022
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01466034
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016665
IRS990/FeesForServicesAccountingGrp/TotalAmt016665
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02950
IRS990/FeesForServicesOtherGrp/TotalAmt02950
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
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/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL BLOWEN
IRS990/Form990PartVIISectionAGrp/PersonNm1CYNTHIA GRISOLIA
IRS990/Form990PartVIISectionAGrp/PersonNm2BARBARA FOSSUM
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIIAM VAN DENDOOL
IRS990/Form990PartVIISectionAGrp/PersonNm4MARK OTTO
IRS990/Form990PartVIISectionAGrp/PersonNm5JILL BAFFERT
IRS990/Form990PartVIISectionAGrp/PersonNm6SUZANNE MUNDY
IRS990/Form990PartVIISectionAGrp/PersonNm7COREY JOHNSEN
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK SIMON
IRS990/Form990PartVIISectionAGrp/PersonNm9CLARK NYBERG
IRS990/Form990PartVIISectionAGrp/PersonNm10RON PORTELL
IRS990/Form990PartVIISectionAGrp/PersonNm11JEFFREY BURCH
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN PARK DVM
IRS990/Form990PartVIISectionAGrp/PersonNm13RON WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm14DIANE WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm15DENNIS BRIDA
IRS990/Form990PartVIISectionAGrp/PersonNm16ROSIE NAPRAVNIK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt043500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt124156
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt214141
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/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/BO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/BO
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER/BO
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt028124
IRS990/FundraisingGrossIncomeAmt086455
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02063826
IRS990/GrossSalesOfInventoryAmt0196059
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt0145023
IRS990/InterestGrp/TotalAmt0145023
IRS990/InventoriesForSaleOrUseGrp/BOYAmt039305
IRS990/InventoriesForSaleOrUseGrp/EOYAmt023066
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0311
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0311
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt019627
IRS990/InvestmentsPubTradedSecGrp/EOYAmt047954
IRS990/IRPDocumentCnt046
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0546692
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03714277
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04416680
IRS990/LandBldgEquipCostOrOtherBssAmt04963372
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CARE AND PROTECTION OF RETIRED RACING THORUGHBREDS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03243033
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03591197
IRS990/NetAssetsOrFundBalancesBOYAmt0642739
IRS990/NetAssetsOrFundBalancesEOYAmt0874256
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt058331
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt058331
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt089785
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt089785
IRS990/NoncashContributionsAmt025728
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021181
IRS990/OfficeExpensesGrp/ProgramServicesAmt03525
IRS990/OfficeExpensesGrp/TotalAmt024706
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt01320
IRS990/OtherExpensesGrp/Desc0SEE FARM EXPENSE SCHEDULE
IRS990/OtherExpensesGrp/Desc1BANK FEES & MERCHANT FEES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3LOAN COSTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06394
IRS990/OtherExpensesGrp/ProgramServicesAmt01194894
IRS990/OtherExpensesGrp/ProgramServicesAmt113741
IRS990/OtherExpensesGrp/ProgramServicesAmt2150
IRS990/OtherExpensesGrp/ProgramServicesAmt35442
IRS990/OtherExpensesGrp/TotalAmt01194894
IRS990/OtherExpensesGrp/TotalAmt113741
IRS990/OtherExpensesGrp/TotalAmt26544
IRS990/OtherExpensesGrp/TotalAmt35442
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0710
IRS990/OtherSalariesAndWagesGrp/TotalAmt0710
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017403
IRS990/PayrollTaxesGrp/TotalAmt017403
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MICHAEL BLOWEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TOURS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0152090
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0152090
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01472445
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05
IRS990/PYOtherExpensesAmt01563281
IRS990/PYOtherRevenueAmt0135680
IRS990/PYProgramServiceRevenueAmt0117023
IRS990/PYRevenuesLessExpensesAmt049008
IRS990/PYSalariesCompEmpBnftPaidAmt0112864
IRS990/PYTotalExpensesAmt01676145
IRS990/PYTotalRevenueAmt01725153
IRS990/ReconcilationRevenueExpnssAmt0231517
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01871097
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0642739
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0874256
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0132,352
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01628911
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01472445
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01263511
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01149241
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0737080
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06251188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0311
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0392
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0434915
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0252702
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0263127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0120125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0117231
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01188100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0311
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0392
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0708
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt041091
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt091261
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0132352
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98240
IRS990ScheduleA/PublicSupportPY509Pct00.96120
IRS990ScheduleA/PublicSupportTotal509Amt07439288
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02063826
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01725147
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01526638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01269366
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0854311
IRS990ScheduleA/Total509Grp/TotalAmt07439288
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02064137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01725152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01527030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01310457
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0945572
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07572348
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01373596
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0430882
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01804478
IRS990ScheduleD/EquipmentGrp/BookValueAmt0121453
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083574
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0205027
IRS990ScheduleD/LandGrp/BookValueAmt02804976
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02804976
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0116655
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032236
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0148891
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04416680
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt028124
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HOMECOMING 2017
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OTHER FUNDRAISE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt044011
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt030603
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt011841
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt086455
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt044011
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt030603
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt011841
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt086455
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt058331
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt011286
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt028124
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09829
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07009
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt04
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0AVERAGE OF HIGH & LOW
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt025728
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHAEL BLOWEN DIANE WHITE PRESIDENT BOARD MEMBER HUSBAND/WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,678,735
Liabilities
$3,804,479
Net assets
$874,256
Revenue
$1,929,428
Expenses
$1,697,911
Net income
$231,517
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.01$5.76$3.25$3.95$3.63$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.39$2.46$2.93$3.64$3.24$0.40
2022Detailed filing. Detailed filing data is available for this year.$5.14$2.61$2.53$2.82$2.57$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$2.73$2.35$2.97$2.29$0.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$3.31$1.67$2.08$2.00$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$3.40$1.59$2.47$1.85$0.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.70$3.73$0.97$2.07$1.97$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.68$3.80$0.87$1.93$1.70$0.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$3.34$0.64$1.73$1.68$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.87$2.33$0.54$1.54$1.41$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.96$1.55$0.41$1.31$1.15$0.16
2013Detailed filing. Detailed filing data is available for this year.$1.85$1.84$0.01$0.92$1.29$0.37
2012Summary only. Only limited summary data is available for this year.$1.91$1.60$0.31$1.09$1.00$0.08
2011Summary only. Only limited summary data is available for this year.$1.87$1.64$0.23$1.14$1.00$0.15