Civic Intelligence

Meadows Standardbred Owners Association

990 • Fiscal year 2021 • EIN 25-1382917

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

Organization ProfileN/A

View Organization Page

PO Box 253Meadow Lands, PA 15347

(724) 228-3644

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.73x

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

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

28th percentile

0.18x

Higher debt load relative to revenue than 28% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Net Margin

5th percentile

-31%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

15th percentile

$152,469

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Asset Growth

1st percentile

-45%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

61st percentile

16%

Faster revenue growth than 61% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$2,546,597

Down $2,121,837 (-45%) from 2020

Net Assets

Down

$682,005

Down $3,185,146 (-82%) from 2020

Liabilities

Up

$1,864,592

Up $1,063,309 (+133%) from 2020

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin5th percentile

Revenue

Up

$10,372,771

Up $1,437,729 (+16%) from 2020

Expenses

Up

$13,557,917

Up $614,711 (+4.7%) from 2020

Net Income

Up

-$3,185,146

Up $823,018 (+21%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$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

2021

Assets$2,546,597
Liabilities$1,864,592
Net Assets$682,005
Open 2021 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$10,372,771
Expenses$13,557,917
Net Income-$3,185,146
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.0
Gross Receipts
$10,372,771
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$3,826,180$664,236▼ $3,161,944
Land, Buildings, and Equipment, Net$58,747$50,300▼ $8,447
Prepaid Expenses and Deferred Charges$2,845$18,870▲ $16,025
Total Assets$4,668,434$2,546,597▼ $2,121,837
Other Assets Total$780,662$1,813,191▲ $1,032,529
Liabilities
Other Liabilities$780,662$1,813,191▲ $1,032,529
Accounts Payable and Accrued Expenses$20,621$51,401▲ $30,780
Total Liabilities$801,283$1,864,592▲ $1,063,309
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,867,151$682,005▼ $3,185,146
Total Net Assets Fund Balance$3,867,151$682,005▼ $3,185,146
Total Liabilities and Net Assets / Fund Balance$4,668,434$2,546,597▼ $2,121,837

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$50,300$47,569$97,869
Other Assets Org$1,813,191--
Compensation and Service Providers
Top Officer Pay15th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim HankinsExec. DirectorFT$102,821$49,648$152,469

Board Members and Trustees

NameTitle
Richard D GillockPresident
Gary JohnstonDirector
Lisa DunnDirector
Stuart WilliamsDirector
Timothy BettsDirector
Lori RomanettiSecretary
Tim TwaddleTreasurer
Dirk SimpsonVice Pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$272,034
Program Service Revenue
$10,055,996
Investment Income
$15,777
Other Revenue
$28,964
Change in Net Assets
$-3,185,146

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,372,771
Revenue Not Reported on Form 990
$7,200
Total Revenue per Audited Statements
$10,379,971
Total Revenue per Form 990
$10,372,771
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,249,636
Salaries, Compensation, and Employee Benefits$283,281
Grants and Similar Amounts Paid$25,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance---$819,084
Advertising---$413,292
Other Salaries and Wages---$257,233
Fees for Services Lobbying---$188,258
Fees for Services Accounting---$27,945
Grants to Domestic Orgs---$20,000
Fees for Services Legal---$19,121
Payroll Taxes---$17,139
Fees for Services Other---$15,649
Conferences and Meetings---$15,366
Depreciation Depletion---$8,447
Other Expenses---$7,863
Office Expenses---$5,846
Pension Plan Contributions---$5,003
Grants to Domestic Individuals---$5,000
Travel---$4,259
Other Employee Benefits---$3,906
Information Technology---$2,669
All Other Expenses---$-22,875
Total Functional Expenses$0$0$0$13,557,917

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,565,117
Expenses per Audited Statements$13,557,917
Total Expenses per Form 990$13,557,917
Expenses Not Reported on Form 990$7,200
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Harness Youth FoundationAnderson, IN(c)(3)Operations$10,000
New VocationsLexington, KY(c)(3)Operations$10,000
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$1,597,469
Current Year Nondeductible Lobbying and Political Cost$188,258
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Purse Escrow Fund$1,157,308
Health and Welfare Escrow Fund$655,883
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 11B

“The treasurer and executive director review 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
Richard D Gillock
Title
President
Phone
7242283644
Signed
2022-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard D Gillock
Formed
1977
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
8

Preparer

Firm
Michalik & Daniels Inc
Address
311 E MAIN STREET, 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 Appendix388 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/BOYAmt020621
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt051401
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/TotalAmt0413292
IRS990/AllOtherExpensesGrp/TotalAmt0-22875
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0KIM HANKINS
IRS990/BooksInCareOfDetail/PhoneNum07242283644
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 253
IRS990/BooksInCareOfDetail/USAddress/CityNm0MEADOW LANDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015347
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt015366
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0272034
IRS990/CYGrantsAndSimilarPaidAmt025000
IRS990/CYInvestmentIncomeAmt015777
IRS990/CYOtherExpensesAmt013249636
IRS990/CYOtherRevenueAmt028964
IRS990/CYProgramServiceRevenueAmt010055996
IRS990/CYRevenuesLessExpensesAmt0-3185146
IRS990/CYSalariesCompEmpBnftPaidAmt0283281
IRS990/CYTotalExpensesAmt013557917
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010372771
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt08447
IRS990/Desc0PROMOTED THE BEST INTEREST OF 576 FULL AND 104 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.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt013557917
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt027945
IRS990/FeesForServicesLegalGrp/TotalAmt019121
IRS990/FeesForServicesLobbyingGrp/TotalAmt0188258
IRS990/FeesForServicesOtherGrp/TotalAmt015649
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt049648
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/PersonNm0KIM HANKINS
IRS990/Form990PartVIISectionAGrp/PersonNm1TIMOTHY BETTS
IRS990/Form990PartVIISectionAGrp/PersonNm2LISA DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm3RICHARD D GILLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY JOHNSTON
IRS990/Form990PartVIISectionAGrp/PersonNm5LORI ROMANETTI
IRS990/Form990PartVIISectionAGrp/PersonNm6DIRK SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm7TIM TWADDLE
IRS990/Form990PartVIISectionAGrp/PersonNm8STUART WILLIAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0102821
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/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/TitleTxt0EXEC. DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRES.
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0272034
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt020000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt010372771
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt02669
IRS990/InsuranceGrp/TotalAmt0819084
IRS990/InvestmentIncomeGrp/ExclusionAmt015777
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015777
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt087
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt047569
IRS990/LandBldgEquipBasisNetGrp/BOYAmt058747
IRS990/LandBldgEquipBasisNetGrp/EOYAmt050300
IRS990/LandBldgEquipCostOrOtherBssAmt097869
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO 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/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03867151
IRS990/NetAssetsOrFundBalancesEOYAmt0682005
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03867151
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0682005
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt05846
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0780662
IRS990/OtherAssetsTotalGrp/EOYAmt01813191
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03906
IRS990/OtherExpensesGrp/Desc0PURSE PAYMENTS
IRS990/OtherExpensesGrp/Desc1CHAPLAINCY PROGRAM
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc3HORESMENS SERVICES AND EV
IRS990/OtherExpensesGrp/TotalAmt011694969
IRS990/OtherExpensesGrp/TotalAmt129468
IRS990/OtherExpensesGrp/TotalAmt220275
IRS990/OtherExpensesGrp/TotalAmt37863
IRS990/OtherLiabilitiesGrp/BOYAmt0780662
IRS990/OtherLiabilitiesGrp/EOYAmt01813191
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt028964
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt028964
IRS990/OtherRevenueTotalAmt028964
IRS990/OtherSalariesAndWagesGrp/TotalAmt0257233
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt017139
IRS990/PensionPlanContributionsGrp/TotalAmt05003
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02845
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018870
IRS990/PrincipalOfficerNm0RICHARD D GILLOCK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PARI-MUTUEL RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010055936
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt160
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010055936
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt160
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt027000
IRS990/PYInvestmentIncomeAmt067856
IRS990/PYOtherExpensesAmt012621716
IRS990/PYOtherRevenueAmt0980
IRS990/PYProgramServiceRevenueAmt08866206
IRS990/PYRevenuesLessExpensesAmt0-4008164
IRS990/PYSalariesCompEmpBnftPaidAmt0294490
IRS990/PYTotalExpensesAmt012943206
IRS990/PYTotalRevenueAmt08935042
IRS990/ReconcilationRevenueExpnssAmt0-3185146
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt010328030
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03826180
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0664236
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0true
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt01409211
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0188258
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt01597469
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt07200
IRS990ScheduleD/DonatedServicesUseFcltsAmt07200
IRS990ScheduleD/EquipmentGrp/BookValueAmt050300
IRS990ScheduleD/EquipmentGrp/DepreciationAmt047569
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt097869
IRS990ScheduleD/ExpensesNotReportedAmt07200
IRS990ScheduleD/ExpensesSubtotalAmt013557917
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01813191
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH RESTRICTED FOR ESCROW FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01157308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1655883
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PURSE ESCROW FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1HEALTH AND WELFARE ESCROW FUND
IRS990ScheduleD/RevenueNotReportedAmt07200
IRS990ScheduleD/RevenueSubtotalAmt010372771
IRS990ScheduleD/TotalBookValueLandBuildingsAmt050300
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01813191
IRS990ScheduleD/TotalExpensesPerForm990Amt013557917
IRS990ScheduleD/TotalLiabilityAmt01813191
IRS990ScheduleD/TotalRevenuePerForm990Amt010372771
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010379971
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013565117
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HARNESS YOUTH FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NEW VOCATIONS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02711 FRIAR TUCK ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1719 DOLAN LANE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ANDERSON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LEXINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1KY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046013
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd140511
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0102821
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt049648
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KIM HANKINS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXEC. DIR.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0152469
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS SERVE ON BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEWS CONFLICTS AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR'S SALARY SUBJECT TO YEARLY REVIEW BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04668434
IRS990/TotalAssetsEOYAmt02546597
IRS990/TotalAssetsGrp/BOYAmt04668434
IRS990/TotalAssetsGrp/EOYAmt02546597
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0272034
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt013557917
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0801283
IRS990/TotalLiabilitiesEOYAmt01864592
IRS990/TotalLiabilitiesGrp/BOYAmt0801283
IRS990/TotalLiabilitiesGrp/EOYAmt01864592
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03867151
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0682005
IRS990/TotalOtherCompensationAmt049648
IRS990/TotalProgramServiceExpensesAmt013557917
IRS990/TotalProgramServiceRevenueAmt010055996
IRS990/TotalReportableCompFromOrgAmt0102821
IRS990/TotalRevenueGrp/ExclusionAmt044741
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010055996
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010372771
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04668434
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02546597
IRS990/TravelGrp/TotalAmt04259
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD D GILLOCK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07242283644
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEADOWS STANDARDBRED OWNERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MEAD
ReturnHeader/Filer/EIN0251382917
ReturnHeader/Filer/PhoneNum07242283644
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 253
ReturnHeader/Filer/USAddress/CityNm0MEADOW LANDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015347
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461477858
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHALIK & DANIELS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0311 E MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARNEGIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015106
ReturnHeader/PreparerPersonGrp/PhoneNum04123222662
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LARRA M DANIELS CPA
ReturnHeader/ReturnTs02022-11-14T15:36:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GILLOCK
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,546,597
Liabilities
$1,864,592
Net assets
$682,005
Revenue
$10,372,771
Expenses
$13,557,917
Net income
-$3,185,146
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
2021Detailed filing. Detailed filing data is available for this year.$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