Civic Intelligence

Meadows Standardbred Owners

EIN 25-1382917 • 501(c)6 • Meadow Lands, PA

Profile

To promote the sport of harness racing and the best interest of its members as horsemen and negotiation of proper contracts with licensed racing associations.

PO Box 253Meadow Lands, PA 15347

n/A

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.75x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.12x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

16th percentile

-7.4%

Higher net margin than 16% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$88,904

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

$10M-$25M nonprofits • Source year 2024

Asset Growth

2nd percentile

-23%

Faster asset growth than 2% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

35th percentile

2.6%

Faster revenue growth than 35% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Down

$1,655,481

Down $2,408,938 (-59%) from 2023

Liabilities

Down

$1,244,516

Down $1,620,772 (-57%) from 2023

Net Assets

Down

$410,965

Down $788,166 (-66%) from 2023

Revenue

Up

$10,721,463

Up $1,749,639 (+20%) from 2023

Expenses

Up

$11,509,629

Up $3,539,851 (+44%) from 2023

Net Income

Down

-$788,166

Down $1,790,212 (-179%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,636,069Liabilities 2010: $3,244,585Net Assets 2010: $2,391,4842010Assets 2011: $6,764,309Liabilities 2011: $3,076,683Net Assets 2011: $3,687,6262011Assets 2012: $5,535,154Liabilities 2012: $3,225,824Net Assets 2012: $2,309,3302012Assets 2013: $5,866,405Liabilities 2013: $3,003,848Net Assets 2013: $2,862,5572013Assets 2014: $2,633,253Liabilities 2014: $1,404,686Net Assets 2014: $1,228,5672014Assets 2015: $5,483,565Liabilities 2015: $4,561,824Net Assets 2015: $921,7412015Assets 2016: $3,472,784Liabilities 2016: $1,734,684Net Assets 2016: $1,738,1002016Assets 2017: $7,631,633Liabilities 2017: $4,379,905Net Assets 2017: $3,251,7282017Assets 2018: $10,008,921Liabilities 2018: $4,020,086Net Assets 2018: $5,988,8352018Assets 2019: $11,104,107Liabilities 2019: $3,228,792Net Assets 2019: $7,875,3152019Assets 2020: $4,668,434Liabilities 2020: $801,283Net Assets 2020: $3,867,1512020Assets 2021: $2,546,597Liabilities 2021: $1,864,592Net Assets 2021: $682,0052021Assets 2022: $2,771,779Liabilities 2022: $2,574,694Net Assets 2022: $197,0852022Assets 2023: $4,064,419Liabilities 2023: $2,865,288Net Assets 2023: $1,199,1312023Assets 2024: $1,655,481Liabilities 2024: $1,244,516Net Assets 2024: $410,9652024

Highlighted filing

2024

Assets$1,655,481
Liabilities$1,244,516
Net Assets$410,965

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $17,200,8742010Expenses 2011: $11,505,9152011Expenses 2012: $14,789,3642012Revenue 2013: $13,571,872Expenses 2013: $13,018,645Net Income 2013: $553,2272013Revenue 2014: $10,676,528Expenses 2014: $12,310,518Net Income 2014: -$1,633,9902014Revenue 2015: $10,518,440Expenses 2015: $10,825,266Net Income 2015: -$306,8262015Revenue 2016: $9,873,595Expenses 2016: $9,057,236Net Income 2016: $816,3592016Revenue 2017: $9,548,634Expenses 2017: $8,035,006Net Income 2017: $1,513,6282017Revenue 2018: $12,375,016Expenses 2018: $9,637,909Net Income 2018: $2,737,1072018Revenue 2019: $11,330,502Expenses 2019: $9,444,022Net Income 2019: $1,886,4802019Revenue 2020: $8,935,042Expenses 2020: $12,943,206Net Income 2020: -$4,008,1642020Revenue 2021: $10,372,771Expenses 2021: $13,557,917Net Income 2021: -$3,185,1462021Revenue 2022: $10,175,476Expenses 2022: $10,660,396Net Income 2022: -$484,9202022Revenue 2023: $8,971,824Expenses 2023: $7,969,778Net Income 2023: $1,002,0462023Revenue 2024: $10,721,463Expenses 2024: $11,509,629Net Income 2024: -$788,1662024

Highlighted filing

2024

Revenue$10,721,463
Expenses$11,509,629
Net Income-$788,166

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$1.24$0.41$10.7$11.5$0.79
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.06$2.87$1.20$8.97$7.97$1.00
2022Detailed filing. Detailed filing data is available for this year.$2.77$2.57$0.20$10.2$10.7$0.48
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$1.86$0.68$10.4$13.6$3.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.67$0.80$3.87$8.94$12.9$4.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$3.23$7.88$11.3$9.44$1.89
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.0$4.02$5.99$12.4$9.64$2.74
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.63$4.38$3.25$9.55$8.04$1.51
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.47$1.73$1.74$9.87$9.06$0.82
2015Detailed filing. Detailed filing data is available for this year.$5.48$4.56$0.92$10.5$10.8$0.31
2014Detailed filing. Detailed filing data is available for this year.$2.63$1.40$1.23$10.7$12.3$1.63
2013Detailed filing. Detailed filing data is available for this year.$5.87$3.00$2.86$13.6$13.0$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.54$3.23$2.31$14.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.76$3.08$3.69$11.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.64$3.24$2.39$17.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.0
Gross Receipts
$10,721,463
Mission and Program Overview

Mission

To promote the sport of harness racing and the best interest of its members as horsemen and negotiation of proper contracts with licensed racing associations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,194,132$1,626,638▲ $432,506
Land, Buildings, and Equipment, Net$33,688$26,976▼ $6,712
Accounts Receivable$119,000$1,867▼ $117,133
Other Assets Total$2,717,599--
Total Assets$4,064,419$1,655,481▼ $2,408,938
Liabilities
Other Liabilities$2,717,599$887,368▼ $1,830,231
Accounts Payable and Accrued Expenses$147,689$357,148▲ $209,459
Total Liabilities$2,865,288$1,244,516▼ $1,620,772
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,199,131$410,965▼ $788,166
Total Net Assets Fund Balance$1,199,131$410,965▼ $788,166
Total Liabilities and Net Assets / Fund Balance$4,064,419$1,655,481▼ $2,408,938

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$26,976$74,089$101,065
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim HankinsExec DirectoFT$80,585$8,319$88,904
Dawnelle MockExec. DirectFT$29,231$350$29,581

Board Members and Trustees

NameTitle
Lisa DunnPresident
Brian GillespieDirector
Jason PetriDirector
Norm ParkerDirector
Stuart WilliamsDirector
Tom SvrcekDirector
Tim TwaddleSecretary
Nick CatalanoTreasurer
Tim BettsVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Miele Enterprises LLCPromotion8101 BRAYDEN COURT, North Huntingdon, PA 15642$181,465
Revenue and Support

Revenue Composition

Contributions and Grants
$112,230
Program Service Revenue
$10,586,821
Investment Income
$8,050
Other Revenue
$14,362
Change in Net Assets
$-788,166

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,721,463
Revenue Not Reported on Form 990
$7,200
Total Revenue per Audited Statements
$10,728,663
Total Revenue per Form 990
$10,721,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,227,511
Salaries, Compensation, and Employee Benefits$257,686
Grants and Similar Amounts Paid$24,432
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance---$1,515,466
Advertising---$352,474
Fees for Services Lobbying---$171,048
Current Officers, Directors, Trustees, and Key Employees---$118,485
Other Salaries and Wages---$89,752
Fees for Services Accounting---$77,685
Other Employee Benefits---$26,088
Travel---$24,604
Conferences and Meetings---$22,132
Payroll Taxes---$18,776
All Other Expenses---$16,687
Grants to Domestic Orgs---$16,350
Office Expenses---$13,423
Other Expenses---$11,786
Depreciation Depletion---$9,908
Grants to Domestic Individuals---$8,082
Fees for Services Legal---$6,561
Information Technology---$5,358
Fees for Services Other---$5,000
Pension Plan Contributions---$4,585
Total Functional Expenses$0$0$0$11,509,629

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,516,829
Expenses per Audited Statements$11,509,629
Total Expenses per Form 990$11,509,629
Expenses Not Reported on Form 990$7,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$2,121,179
Current Year Nondeductible Lobbying and Political Cost$171,048
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health and Welfare Escrow Fund$668,387
Purse Escrow Fund$218,981
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 7A

Members annually elect the board of directors subject to term limitations

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

The executive director reviews the form 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board reviews conflicts as they arise.

Form 990, Page 6, Part VI, Line 15A

Executive director's salary subject to yearly review by the board of directors.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Meadows Standardbred Owners
EIN
25-1382917
Phone
7242283644
Address
PO BOX 253, MEADOW LANDS, PA 15347

Signing Officer

Name
Dawnelle Mock
Title
Exec. Director
Phone
7242283644
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawnelle Mock
Formed
1977
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
20

Preparer

Firm
Michalik & Daniels Inc
Address
311 E MAIN ST, CARNEGIE, PA 15106
Preparer
Larra M Daniels CPA
Phone
4123222662
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers serve on board of directors.

Raw XML Appendix396 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
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IRS990/AccountsReceivableGrp/EOYAmt01867
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE THE SPORT OF HARNESS RACING AND THE BEST INTEREST OF ITS MEMBERS AS HORSEMEN AND NEGOTIATION OF PROPER CONTRACTS WITH LICENSED RACING ASSOCIATIONS.
IRS990/AdvertisingGrp/TotalAmt0352474
IRS990/AllOtherExpensesGrp/TotalAmt016687
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IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0DAWNELLE MOCK
IRS990/BooksInCareOfDetail/PhoneNum07242283644
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 253
IRS990/BooksInCareOfDetail/USAddress/CityNm0MEADOW LANDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015347
IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0118485
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IRS990/ConservationEasementsInd0false
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IRS990/ContractorCompensationGrp/CompensationAmt0181465
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IRS990/ContractorCompensationGrp/ServicesDesc0PROMOTION
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0112230
IRS990/CYGrantsAndSimilarPaidAmt024432
IRS990/CYInvestmentIncomeAmt08050
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IRS990/CYOtherRevenueAmt014362
IRS990/CYProgramServiceRevenueAmt010586821
IRS990/CYRevenuesLessExpensesAmt0-788166
IRS990/CYSalariesCompEmpBnftPaidAmt0257686
IRS990/CYTotalExpensesAmt011509629
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010721463
IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/DeductibleNonCashContriInd0false
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IRS990/DepreciationDepletionGrp/TotalAmt09908
IRS990/Desc0PROMOTED THE BEST INTEREST OF 487 FULL AND 85 ASSOCIATE MEMBERS INCLUDING NEGOTIATIONS OF CONTRACTS WITH LICENSED HARNESS RACING ASSOC.; PROMOTED HARNESS RACING WITH GENERAL PUBLIC AND MAINTAINED COMMUNICATIONS BETWEEN HORSEMEN'S ASSOC AND THE RACING ASSOCIATIONS. ALSO, THE ASSOCIATION ACTS AS A FIDUCIARY IN THE COLLECTION AND DISPERSAL OF GAMING FUNDS FROM THE PENNSYLVANIA RACEHORSE DEVELOPMENT FUND WHICH MUST BE USED FOR HORSE RACING PURSES AND PENSION AND HEALTH BENEFITS FOR HORSEMEN AND HORSEWOMEN.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXEC. DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS SERVE ON BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ANNUALLY ELECT THE BOARD OF DIRECTORS SUBJECT TO TERM LIMITATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD REVIEWS CONFLICTS AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE DIRECTOR'S SALARY SUBJECT TO YEARLY REVIEW BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAWNELLE MOCK
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LARRA M DANIELS CPA
ReturnHeader/ReturnTs02025-11-12T16:28:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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