Civic Intelligence

Old Friends Inc.

990 • Fiscal year 2022 • EIN 20-0049798

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 25, 2023

Organization Profilewww.oldfriendsequine.org
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

80th percentile

0.51x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.92x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

55th percentile

9.0%

Higher net margin than 55% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

27th percentile

$55,000

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

51st percentile

1.2%

Faster asset growth than 51% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-4.9%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$5,139,795

Up $62,934 (+1.2%) from 2021

Net Assets

Up

$2,529,383

Up $180,263 (+7.7%) from 2021

Liabilities

Down

$2,610,412

Down $117,329 (-4.3%) from 2021

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin55th percentile

Revenue

Down

$2,822,819

Down $145,244 (-4.9%) from 2021

Expenses

Up

$2,569,911

Up $280,061 (+12%) from 2021

Net Income

Down

$252,908

Down $425,305 (-63%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth51st 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

2022

Assets$5,139,795
Liabilities$2,610,412
Net Assets$2,529,383
Open 2022 Filing

Operations Trend

Revenue Growth33rd 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

2022

Revenue$2,822,819
Expenses$2,569,911
Net Income$252,908
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 25, 2023
Return Version
2022v5.0
Gross Receipts
$2,937,113
Mission and Program Overview

Mission

Care and protection of retired racing thorughbreds.

To care for and protect retired racing thoroughbreds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,857,588$4,015,459▲ $157,871
Rtn Earn Endowment Incm Other Fnds$2,349,120$2,529,383▲ $180,263
Cash and Non-Interest-Bearing Accounts$1,033,480$900,474▼ $133,006
Investments in Publicly Traded Securities$144,040$115,375▼ $28,665
Other Notes and Loans Receivable, Net$7,550$70,150▲ $62,600
Inventories for Sale or Use$34,203$38,337▲ $4,134
Total Assets$5,076,861$5,139,795▲ $62,934
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,628,415$2,520,513▼ $107,902
Accounts Payable and Accrued Expenses$58,826$65,899▲ $7,073
Unsecured Notes Loans Payable$40,500--
Deferred Revenue-$24,000-
Total Liabilities$2,727,741$2,610,412▼ $117,329
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,349,120$2,529,383▲ $180,263
Total Liabilities and Net Assets / Fund Balance$5,076,861$5,139,795▲ $62,934

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,436,113-$2,436,113
Buildings$909,936$618,856$1,528,792
Equipment$449,259$305,546$754,805
Other Land Buildings$220,151$149,727$369,878
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael BlowenPresident/Board MemberFT$55,000$55,000
William Van den DoolVP/Board MemberFT$41,000$41,000
Barbara FossumSec'y/Board MemberPT$40,619$40,619
Cynthia GrisoliaChairmanFT$14,480$14,480

Board Members and Trustees

NameTitle
Bev PassarelloBoard Member
Clark NybergBoard Member
Corey JohnsenBoard Member
Diane WhiteBoard Member
Jeffrey BurchBoard Member
Jill BaffertBoard Member
John Park DVMBoard Member
Mark SimonBoard Member
Peggy GdovkaBoard Member
Ron PortellBoard Member
Ron WallaceBoard Member
Susan ChuBoard Member
Suzanne MundyBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,342,179
Program Service Revenue
$141,442
Investment Income
$0
Other Revenue
$339,198
All Other Contributions
$2,342,179
Change in Net Assets
$252,908

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,297,754
Salaries, Compensation, and Employee Benefits$272,157
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$0$151,099$0$151,099
Depreciation Depletion$90,101$26,009$0$116,110
Other Salaries and Wages$0$96,736$0$96,736
Fees for Services Accounting$0$47,866$0$47,866
Payroll Taxes$0$24,322$0$24,322
Office Expenses$0$17,333$0$17,333
All Other Expenses$0$13,475$0$13,475
Other Expenses$0$11,125$0$11,125
Travel$0$6,822$0$6,822
Total Functional Expenses$2,124,281$445,630$0$2,569,911
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$68,268
Fundraising Direct Expenses$40,872
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$68,268$68,268$40,872$27,396
Total Events$68,268$68,268$40,872$27,396
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
No
Audit committee
Yes
Backup withholding compliance
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
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
Filing and Contact Details

Filer

Filer Name
Old Friends Inc
EIN
20-0049798
Phone
5028631775
Address
1841 Paynes Depot Rd, Georgetown, KY 40324

Signing Officer

Name
Michael Blowen
Title
President/Board Member
Phone
5028631775
Signed
2023-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Blowen
Formed
2005
Legal Domicile
Ky
Voting Board Members
16
Independent Board Members
13
Employees
29
Volunteers
35

Preparer

Firm
The Livesay Group Pllc
Address
185 Pasadena Drive Suite 255, LEXINGTON, KY 40503
Preparer
Stephen D Schnettler
Phone
8592961913
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“Line 2 related party information”

Pt VI, Line 2

“Michael blowen diane white”

Pt VI, Line 2

“PRESIDENT BOARD MEMBER”

Pt VI, Line 2

“HUSBAND/WIFE”

Pt VI, Line 11B

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

Pt VI, Line 19

“PROVIDED UPON REQUEST”

Pt XI

“Current year book tax difference (13,937)”

Raw XML AppendixShowing 400 of 519 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt058826
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt065899
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To care for and protect retired racing thoroughbreds.
IRS990/AllOtherContributionsAmt02342179
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013475
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt013475
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
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/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01033480
IRS990/CashNonInterestBearingGrp/EOYAmt0900474
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0151099
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0151099
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt073422
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02342179
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02297754
IRS990/CYOtherRevenueAmt0339198
IRS990/CYProgramServiceRevenueAmt0141442
IRS990/CYRevenuesLessExpensesAmt0252908
IRS990/CYSalariesCompEmpBnftPaidAmt0272157
IRS990/CYTotalExpensesAmt02569911
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02822819
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/EOYAmt024000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt026009
IRS990/DepreciationDepletionGrp/ProgramServicesAmt090101
IRS990/DepreciationDepletionGrp/TotalAmt0116110
IRS990/Desc0Raise awareness of the treatment of retired race horses and care for and honor the racehorses. We keep and care for retired race horses on our farm.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt029
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02124281
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt047866
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt047866
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
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/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/PersonNm1William Van den Dool
IRS990/Form990PartVIISectionAGrp/PersonNm2Cynthia Grisolia
IRS990/Form990PartVIISectionAGrp/PersonNm3Barbara Fossum
IRS990/Form990PartVIISectionAGrp/PersonNm4Jill Baffert
IRS990/Form990PartVIISectionAGrp/PersonNm5Peggy Gdovka
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/PersonNm15Susan Chu
IRS990/Form990PartVIISectionAGrp/PersonNm16Bev Passarello
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt055000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt141000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt214480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt340619
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/Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP/Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Sec'y/Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
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/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt040872
IRS990/FundraisingGrossIncomeAmt068268
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02937113
IRS990/GrossRentsGrp/RealAmt013750
IRS990/GrossSalesOfInventoryAmt0371474
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InventoriesForSaleOrUseGrp/BOYAmt034203
IRS990/InventoriesForSaleOrUseGrp/EOYAmt038337
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0144040
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0115375
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01074129
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03857588
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04015459
IRS990/LandBldgEquipCostOrOtherBssAmt05089588
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To care for and protect retired racing thoroughbreds.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02628415
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02520513
IRS990/NetAssetsOrFundBalancesBOYAmt02349120
IRS990/NetAssetsOrFundBalancesEOYAmt02529383
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt027396
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt027396
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0298052
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0298052
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt013750
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt013750
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt022654
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017333
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt017333
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-13937
IRS990/OtherExpensesGrp/Desc0FARM EXPENSE SCHEDULE
IRS990/OtherExpensesGrp/Desc1BANK & MERCHANT FEES
IRS990/OtherExpensesGrp/Desc2POSTAGE
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117820
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt233023
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt311125
IRS990/OtherExpensesGrp/ProgramServicesAmt02034180
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt02034180
IRS990/OtherExpensesGrp/TotalAmt117820
IRS990/OtherExpensesGrp/TotalAmt233023
IRS990/OtherExpensesGrp/TotalAmt311125
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt096736
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt096736
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07550
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt070150
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024322
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt024322
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Michael Blowen
IRS990/PriorPeriodAdjustmentsAmt0-58708
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02370362
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-112987
IRS990/PYOtherExpensesAmt02059868
IRS990/PYOtherRevenueAmt07898
IRS990/PYProgramServiceRevenueAmt0702790
IRS990/PYRevenuesLessExpensesAmt0678213
IRS990/PYSalariesCompEmpBnftPaidAmt0229982
IRS990/PYTotalExpensesAmt02289850
IRS990/PYTotalRevenueAmt02968063
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0252908
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt013750
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02795423
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02349120
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02529383
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02342179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02370362
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01674826
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01962927
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01510051
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09860345
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01743
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt029490
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt010284
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0263
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01876
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt043656
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0453244
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0556077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0435005
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0599604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0663552
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02707482
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01743
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt029490
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010284
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0263
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01876
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt043656
IRS990ScheduleA/InvestmentIncomeCYPct00.00350
IRS990ScheduleA/InvestmentIncomePYPct00.00360
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99650
IRS990ScheduleA/PublicSupportPY509Pct00.99640
IRS990ScheduleA/PublicSupportTotal509Amt012567827
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02795423
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02926439
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02109831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02562531
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02173603
IRS990ScheduleA/Total509Grp/TotalAmt012567827
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012611483
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0909936
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0618856
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01528792
IRS990ScheduleD/EquipmentGrp/BookValueAmt0449259
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0305546
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0754805
IRS990ScheduleD/LandGrp/BookValueAmt02436113
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02436113
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0220151
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0149727
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0369878
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04015459

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,139,795
Liabilities
$2,610,412
Net assets
$2,529,383
Revenue
$2,822,819
Expenses
$2,569,911
Net income
$252,908
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
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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