Civic Intelligence

Old Friends Inc.

990 • Fiscal year 2023 • EIN 20-0049798

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 22, 2024

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

77th percentile

0.46x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.68x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

36th percentile

$94,500

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

48th percentile

4.9%

Faster asset growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

77th percentile

29%

Faster revenue growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$5,393,517

Up $253,722 (+4.9%) from 2022

Net Assets

Up

$2,930,099

Up $400,716 (+16%) from 2022

Liabilities

Down

$2,463,418

Down $146,994 (-5.6%) from 2022

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin64th percentile

Revenue

Up

$3,641,088

Up $818,269 (+29%) from 2022

Expenses

Up

$3,240,372

Up $670,461 (+26%) from 2022

Net Income

Up

$400,716

Up $147,808 (+58%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth48th 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

2023

Assets$5,393,517
Liabilities$2,463,418
Net Assets$2,930,099
Open 2023 Filing

Operations Trend

Revenue Growth77th 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

2023

Revenue$3,641,088
Expenses$3,240,372
Net Income$400,716
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 22, 2024
Return Version
2023v5.1
Gross Receipts
$3,740,181
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$4,015,459$4,786,056▲ $770,597
Rtn Earn Endowment Incm Other Fnds$2,529,383$2,930,099▲ $400,716
Cash and Non-Interest-Bearing Accounts$900,474$488,780▼ $411,694
Investments in Publicly Traded Securities$115,375$59,189▼ $56,186
Other Notes and Loans Receivable, Net$70,150$36,450▼ $33,700
Inventories for Sale or Use$38,337$23,042▼ $15,295
Total Assets$5,139,795$5,393,517▲ $253,722
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,520,513$2,322,231▼ $198,282
Accounts Payable and Accrued Expenses$65,899$129,187▲ $63,288
Deferred Revenue$24,000$12,000▼ $12,000
Total Liabilities$2,610,412$2,463,418▼ $146,994
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,529,383$2,930,099▲ $400,716
Total Liabilities and Net Assets / Fund Balance$5,139,795$5,393,517▲ $253,722

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,436,113-$2,436,113
Buildings$1,656,973$719,209$2,376,182
Equipment$473,490$362,911$836,401
Other Land Buildings$219,480$150,398$369,878
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael BlowenPresident/Board MemberFT$94,500$94,500
Michael Blowen--$94,500$94,500
William Van den DoolVP/Board MemberFT$41,750$41,750
Barbara FossumSecy/Board MemberFT$36,902$36,902
Cynthia GrisoliaChairmanFT$240$240

Board Members and Trustees

NameTitle
Clark NybergBoard Member
Corey JohnsenBoard Member
Diane WhiteBoard Member
Dr Bryan WaldridgeBoard Member
Jill BaffertBoard Member
Mark SimonBoard Member
Peggy GdovkaBoard Member
Ron PortellBoard Member
Ron WallaceBoard Member
Suzanne MundyBoard Member
Pat RileyTreasurer/Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,623,254
Program Service Revenue
$625,494
Investment Income
$0
Other Revenue
$392,340
All Other Contributions
$2,623,254
Change in Net Assets
$400,716

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 Traded294$45,858Fair Market Value (FMV)
Total Noncash Contributions294$45,858-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,902,422
Salaries, Compensation, and Employee Benefits$337,950
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$173,392$0$173,392
Depreciation Depletion$126,711$31,678$0$158,389
Other Salaries and Wages$0$129,384$0$129,384
All Other Expenses$0$84,201$0$84,201
Office Expenses$0$37,982$0$37,982
Payroll Taxes$0$35,174$0$35,174
Fees for Services Accounting$0$27,943$0$27,943
Travel$0$11,563$0$11,563
Other Expenses$0$6,281$0$6,281
Total Functional Expenses$2,680,723$559,649$0$3,240,372
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,394
Fundraising Direct Expenses$13,648
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$51,394$51,394$13,648$37,746
Total Events$51,394$51,394$13,648$37,746
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
John Nicholson
Title
President/Board Member
Phone
5028631775
Signed
2024-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Nicholson
Formed
2005
Legal Domicile
Ky
Voting Board Members
16
Independent Board Members
13
Employees
30
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”

Raw XML AppendixShowing 400 of 530 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/BOYAmt065899
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0129187
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To care for and protect retired racing thoroughbreds.
IRS990/AllOtherContributionsAmt02623254
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt084201
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt084201
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0John Nicholson
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/BOYAmt0900474
IRS990/CashNonInterestBearingGrp/EOYAmt0488780
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0173392
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0173392
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt085445
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02623254
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02902422
IRS990/CYOtherRevenueAmt0392340
IRS990/CYProgramServiceRevenueAmt0625494
IRS990/CYRevenuesLessExpensesAmt0400716
IRS990/CYSalariesCompEmpBnftPaidAmt0337950
IRS990/CYTotalExpensesAmt03240372
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03641088
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt024000
IRS990/DeferredRevenueGrp/EOYAmt012000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt031678
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0126711
IRS990/DepreciationDepletionGrp/TotalAmt0158389
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/EmployeeCnt030
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02680723
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt027943
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt027943
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
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/FormerOfcrDirectorTrusteeInd0X
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/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/PersonNm0Michael Blowen
IRS990/Form990PartVIISectionAGrp/PersonNm1William Van den Dool
IRS990/Form990PartVIISectionAGrp/PersonNm2Cynthia Grisolia
IRS990/Form990PartVIISectionAGrp/PersonNm3Barbara Fossum
IRS990/Form990PartVIISectionAGrp/PersonNm4Pat Riley
IRS990/Form990PartVIISectionAGrp/PersonNm5Jill Baffert
IRS990/Form990PartVIISectionAGrp/PersonNm6Peggy Gdovka
IRS990/Form990PartVIISectionAGrp/PersonNm7Suzanne Mundy
IRS990/Form990PartVIISectionAGrp/PersonNm8Corey Johnsen
IRS990/Form990PartVIISectionAGrp/PersonNm9Mark Simon
IRS990/Form990PartVIISectionAGrp/PersonNm10Clark Nyberg
IRS990/Form990PartVIISectionAGrp/PersonNm11Ron Portell
IRS990/Form990PartVIISectionAGrp/PersonNm12Ron Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm13Diane White
IRS990/Form990PartVIISectionAGrp/PersonNm14Dr Bryan Waldridge
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt094500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt141750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt336902
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/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/TitleTxt0President/Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP/Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secy/Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer/Board 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/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt013648
IRS990/FundraisingGrossIncomeAmt051394
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03740181
IRS990/GrossRentsGrp/RealAmt013750
IRS990/GrossSalesOfInventoryAmt0426289
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InventoriesForSaleOrUseGrp/BOYAmt038337
IRS990/InventoriesForSaleOrUseGrp/EOYAmt023042
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0115375
IRS990/InvestmentsPubTradedSecGrp/EOYAmt059189
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01232518
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04015459
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04786056
IRS990/LandBldgEquipCostOrOtherBssAmt06018574
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/BOYAmt02520513
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02322231
IRS990/NetAssetsOrFundBalancesBOYAmt02529383
IRS990/NetAssetsOrFundBalancesEOYAmt02930099
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt037746
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt037746
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0340844
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0340844
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt013750
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt013750
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt045858
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt037982
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt037982
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0FARM EXPENSE SCHEDULE
IRS990/OtherExpensesGrp/Desc1BANK & MERCHANT FEES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3REPAIRS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111763
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210288
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36281
IRS990/OtherExpensesGrp/ProgramServicesAmt02554012
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt02554012
IRS990/OtherExpensesGrp/TotalAmt111763
IRS990/OtherExpensesGrp/TotalAmt210288
IRS990/OtherExpensesGrp/TotalAmt36281
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0129384
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0129384
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt070150
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt036450
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035174
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt035174
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0John Nicholson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02342179
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt02297754
IRS990/PYOtherRevenueAmt0339198
IRS990/PYProgramServiceRevenueAmt0141442
IRS990/PYRevenuesLessExpensesAmt0252908
IRS990/PYSalariesCompEmpBnftPaidAmt0272157
IRS990/PYTotalExpensesAmt02569911
IRS990/PYTotalRevenueAmt02822819
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0400716
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt013750
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03603342
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02529383
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02930099
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02623254
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02342179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02370362
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01674826
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01962927
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010973548
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt026126
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01743
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt029490
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010284
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0263
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt067906
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0491433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0453244
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0556077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0435005
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0599604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02535363
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt026126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01743
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt029490
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010284
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0263
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt067906
IRS990ScheduleA/InvestmentIncomeCYPct00.00500
IRS990ScheduleA/InvestmentIncomePYPct00.00350
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99500
IRS990ScheduleA/PublicSupportPY509Pct00.99650
IRS990ScheduleA/PublicSupportTotal509Amt013508911
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03114687
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02795423
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02926439
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02109831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02562531
IRS990ScheduleA/Total509Grp/TotalAmt013508911
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013576817
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/BookValueAmt01656973
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0719209
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02376182
IRS990ScheduleD/EquipmentGrp/BookValueAmt0473490
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0362911
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0836401
IRS990ScheduleD/LandGrp/BookValueAmt02436113
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02436113
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0219480
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0150398
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0369878
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04786056
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013648
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051394
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt051394
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt051394
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt051394
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt037746
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013648
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013648
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,393,517
Liabilities
$2,463,418
Net assets
$2,930,099
Revenue
$3,641,088
Expenses
$3,240,372
Net income
$400,716
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
2023Detailed filing. Detailed filing data is available for this year.$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