Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Breeders Cup Charities Inc.
990EZ • Fiscal year 2015 • EIN 26-2782404
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
11.56x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Balance Sheet
Assets
Down$49,836
Down $22,459 (-31%) from 2014
Net Assets
Up-$526,297
Up $10,111 (+1.9%) from 2014
Liabilities
Down$576,133
Down $32,570 (-5.4%) from 2014
Revenue And Expenses
Revenue
Down$23,464
Down $42,131 (-64%) from 2014
Expenses
Down$13,353
Down $71,993 (-84%) from 2014
Net Income
Up$10,111
Up $29,862 (+151%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Feb 1, 2014 to Jan 31, 2015
- Signed
- Jul 7, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $23,464
Mission and Program Overview
Mission
To raise funds from the public, especially from thoroughbred industry participants and to contribute such funds to other charitable organizations. Breeders' Cup Charities will predominately support charities focusing on human health issues (e.g., breast cancer research or children's health) and equine related causes (e.g., disabled jockey foundation, equine safety research).
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE PRIMARY PROGRAM SERVICE IS MAKING CONTRIBUTIONS TO TAX EXEMPT ORGANIZATIONS IN FURTHERANCE OF THE CORPORATION'S CHARITABLE, EDUCATIONAL, AND SCIENTIFIC GOALS SUCH AS HUMAN HEALTH ISSUES AND EQUINE-RELATED CAUSES. | $12,056 | $1,297 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CRAIG FRAVEL | President | - | $0 | - | - |
| ROBERT M WYATT | Secretary | - | $0 | - | - |
| MICHAEL NEWMAN | Treasurer | - | $0 | - | - |
| WILLIAM S FARISH JR | Director | - | $0 | - | - |
| DR J DAVID RICHARDSON | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- BREEDERS' CUP CHARITIES INC
- EIN
- 26-2782404
- Phone
- 8592235444
- Address
- 2525 HARRODSBURG ROAD, LEXINGTON, KY 40504
Signing Officer
- Name
- Michael Newman
- Title
- Officer
- Phone
- 8592235444
- Signed
- 2015-07-07
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Strothman & Company Psc
- Address
- 325 W MAIN ST SUITE 1600, LOUISVILLE, KY 40202-4251
- Preparer
- William G Meyer Iii
- Phone
- 5025851600
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: general purpose. Grantee name: city of hope. Grantee address: 1055 wilshire blvd 11th floor los angeles, ca 90017. Grantee relationship: none. Property description: cash. Amount given: 12,056.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank fees & other. Amount: 1,292. Description: license fees. Amount: 5. Total to form 990-ez, line 16: 1,297.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 32,585. End of year amount: 0. Description: intercompany payable. Beg. Of year amount: 576,118. End of year amount: 576,133.”
Raw XML Appendix155 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MICHAEL NEWMAN CONTROLLER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8592235444 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2525 HARRODSBURG ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LEXINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 40504 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 72295 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 49836 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 23464 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 10111 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 72295 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 49836 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 12056 |
| IRS990EZ/GrossReceiptsAmt | 0 | 23464 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -536408 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -526297 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -536408 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -526297 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CRAIG FRAVEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ROBERT M WYATT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MICHAEL NEWMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | WILLIAM S FARISH JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DR J DAVID RICHARDSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1297 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO RAISE FUNDS FROM THE PUBLIC, ESPECIALLY FROM THOROUGHBRED INDUSTRY PARTICIPANTS AND TO CONTRIBUTE SUCH FUNDS TO OTHER CHARITABLE ORGANIZATIONS. BREEDERS' CUP CHARITIES WILL PREDOMINATELY SUPPORT CHARITIES FOCUSING ON HUMAN HEALTH ISSUES (E.G., BREAST CANCER RESEARCH OR CHILDREN'S HEALTH) AND EQUINE RELATED CAUSES (E.G., DISABLED JOCKEY FOUNDATION, EQUINE SAFETY RESEARCH). |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE PRIMARY PROGRAM SERVICE IS MAKING CONTRIBUTIONS TO TAX EXEMPT ORGANIZATIONS IN FURTHERANCE OF THE CORPORATION'S CHARITABLE, EDUCATIONAL, AND SCIENTIFIC GOALS SUCH AS HUMAN HEALTH ISSUES AND EQUINE-RELATED CAUSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 12056 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 1297 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 608703 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 576133 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 13353 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 1297 |
| IRS990EZ/TotalRevenueAmt | 0 | 23464 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.BREEDERSCUPCHARITIES.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 23464 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 65595 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52723 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 108229 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 105219 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 355230 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 355230 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 23464 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 65595 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52723 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 108229 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 105219 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 355230 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 355230 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: GENERAL PURPOSE. GRANTEE NAME: CITY OF HOPE. GRANTEE ADDRESS: 1055 WILSHIRE BLVD 11TH FLOOR LOS ANGELES, CA 90017. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 12,056. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BANK FEES & OTHER. AMOUNT: 1,292. DESCRIPTION: LICENSE FEES. AMOUNT: 5. TOTAL TO FORM 990-EZ, LINE 16: 1,297. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 32,585. END OF YEAR AMOUNT: 0. DESCRIPTION: INTERCOMPANY PAYABLE. BEG. OF YEAR AMOUNT: 576,118. END OF YEAR AMOUNT: 576,133. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL NEWMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8592235444 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-07-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BREEDERS' CUP CHARITIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BREE |
| ReturnHeader/Filer/EIN | 0 | 262782404 |
| ReturnHeader/Filer/PhoneNum | 0 | 8592235444 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2525 HARRODSBURG ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LEXINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40504 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 611191655 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | STROTHMAN & COMPANY PSC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 325 W MAIN ST SUITE 1600 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LOUISVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 402024251 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5025851600 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM G MEYER III |
| ReturnHeader/ReturnTs | 0 | 2015-08-20T10:00:33-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-02-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-01-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $49,836
- Liabilities
- $576,133
- Net assets
- -$526,297
- Revenue
- $23,464
- Expenses
- $13,353
- Net income
- $10,111