Civic Intelligence

Retired Racehorse Project Ltd.

990 • Fiscal year 2014 • EIN 27-1622725

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 08, 2015

Organization ProfileWWW.RETIREDRACEHORSEPROJECT.ORG

View Organization Page

440 Dodon RdDavidsonville, MD 21035-2501

(410) 798-5140

Siviq Scores

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

Liabilities / Assets

69th percentile

0.04x

Higher debt load relative to assets than 69% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

86th percentile

$30,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

98th percentile

520%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

95th percentile

164%

Faster revenue growth than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$198,745

Up $166,667 (+520%) from 2013

Net Assets

Up

$191,313

Up $161,694 (+546%) from 2013

Liabilities

Up

$7,432

Up $4,973 (+202%) from 2013

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin90th percentile

Revenue

Up

$369,306

Up $229,209 (+164%) from 2013

Expenses

Up

$207,502

Up $81,143 (+64%) from 2013

Net Income

Up

$161,804

Up $148,066 (+1078%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$800K$600K$400K$200K$0Assets 2013: $32,078Liabilities 2013: $2,459Net Assets 2013: $29,6192013Assets 2014: $198,745Liabilities 2014: $7,432Net Assets 2014: $191,3132014Assets 2016: $277,324Liabilities 2016: $110,139Net Assets 2016: $167,1852016Assets 2017: $207,264Liabilities 2017: $138,073Net Assets 2017: $69,1912017Assets 2018: $240,203Liabilities 2018: $103,006Net Assets 2018: $137,1972018Assets 2019: $316,819Liabilities 2019: $98,692Net Assets 2019: $218,1272019Assets 2020: $645,434Liabilities 2020: $240,513Net Assets 2020: $404,9212020Assets 2021: $355,502Liabilities 2021: $99,761Net Assets 2021: $255,7412021Assets 2022: $351,491Liabilities 2022: $263,398Net Assets 2022: $88,0932022Assets 2023: $369,633Liabilities 2023: $321,273Net Assets 2023: $48,3602023Assets 2024: $270,953Liabilities 2024: $243,576Net Assets 2024: $27,3772024

Highlighted filing

2014

Assets$198,745
Liabilities$7,432
Net Assets$191,313
Open 2014 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2013: $140,097Expenses 2013: $126,359Net Income 2013: $13,7382013Revenue 2014: $369,306Expenses 2014: $207,502Net Income 2014: $161,8042014Revenue 2016: $688,011Expenses 2016: $617,556Net Income 2016: $70,4552016Revenue 2017: $759,064Expenses 2017: $857,058Net Income 2017: -$97,9942017Revenue 2018: $1,037,560Expenses 2018: $969,554Net Income 2018: $68,0062018Revenue 2019: $1,107,022Expenses 2019: $1,026,092Net Income 2019: $80,9302019Revenue 2020: $833,089Expenses 2020: $646,295Net Income 2020: $186,7942020Revenue 2021: $1,166,766Expenses 2021: $1,406,616Net Income 2021: -$239,8502021Revenue 2022: $792,097Expenses 2022: $959,745Net Income 2022: -$167,6482022Revenue 2023: $1,029,341Expenses 2023: $1,069,074Net Income 2023: -$39,7332023Revenue 2024: $767,897Expenses 2024: $788,880Net Income 2024: -$20,9832024

Highlighted filing

2014

Revenue$369,306
Expenses$207,502
Net Income$161,804
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 8, 2015
Return Version
2014v5.0
Gross Receipts
$397,357
Mission and Program Overview

Mission

To facilitate the placement of retired thoroughbred racehorses in second careers by educating the public about the history, distinctive characteristics, versatility of use and appropriate care and training of the iconic american thoroughbred.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,347$170,941▲ $146,594
Inventories for Sale or Use$3,107$13,709▲ $10,602
Accounts Receivable$2,090$5,100▲ $3,010
Prepaid Expenses and Deferred Charges$2,534$4,618▲ $2,084
Land, Buildings, and Equipment, Net$0$4,377▲ $4,377
Total Assets$32,078$198,745▲ $166,667
Liabilities
Accounts Payable and Accrued Expenses$2,459$7,432▲ $4,973
Total Liabilities$2,459$7,432▲ $4,973
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$150,000-
Unrestricted Net Assets$29,619$41,313▲ $11,694
Total Net Assets Fund Balance$29,619$191,313▲ $161,694
Total Liabilities and Net Assets / Fund Balance$32,078$198,745▲ $166,667

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,377$2,229$6,606
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Steuart L Pittman JrExecutive Director, PresidentPT$30,000$30,000

Board Members and Trustees

NameTitle
Carolyn KarlsonVice President, Director
Brian MagnessDirector
Christy ClagettDirector
Glenye OakfordDirector
Jane GilbertDirector
Jen RoytzDirector
Rick GreeneDirector
Erin Drage PittmanFormer Director Final 2014
Malinda LawrenceFormer Secretary/treasurer, Director Final 2014
Laury Marshall ParramoreSecretary/treasurer, Director
Revenue and Support

Revenue Composition

Contributions and Grants
$316,620
Program Service Revenue
$47,887
Investment Income
$348
Other Revenue
$4,451
All Other Contributions
$306,665
Change in Net Assets
$161,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$156,546
Salaries, Compensation, and Employee Benefits$41,056
Total Fundraising Expense$11,367
Grants and Similar Amounts Paid$9,900
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$32,093$20,186$2,075$54,354
Current Officers, Directors, Trustees, and Key Employees$25,200$3,000$1,800$30,000
Travel$10,070$367$576$11,013
Advertising$6,696$2,563$985$10,244
Grants to Domestic Individuals$9,900--$9,900
All Other Expenses$4,211$3,432$1,639$9,282
Other Salaries and Wages$4,990$2,535$396$7,921
Other Expenses$5,745$601$1,533$5,745
Payroll Taxes$2,508$470$157$3,135
Insurance$20$3,113-$3,133
Fees for Services Accounting-$2,979-$2,979
Office Expenses$1,236$10$702$1,948
Fees for Services Legal$275$1,229-$1,504
Depreciation Depletion-$341-$341
Conferences and Meetings-$38-$38
Interest-$11-$11
Total Functional Expenses$154,935$41,200$11,367$207,502
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,944
Fundraising Gross Income$3,620
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Polly PittmanSibling of OfficerPurchase of Supplies for Fundraiser at Fair Market Value.No$490
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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, Part VI, Section B, Line 11

“The 990 is presented to the board of directors and executive committee for review and approval before it is signed by the executive director and filed.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is monitored and enforced by the board of directors.”

Form 990, Part VI, Section B, Line 15A

“The executive directors salary is determined by the governing council.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents,conflict of interest policy, and financial statements are available upon request, and the availability of this information is indicated in all donor and sponsor acknowledgement correspondence and on the "support rrp" page of the organization's website (www.retiredracehorseproject.org).”

Filing and Contact Details

Filer

Filer Name
Retired Racehorse Training Project Ltd
EIN
27-1622725
Phone
4107985140
Address
440 DODON RD, DAVIDSONVILLE, MD 21035-2501
Doing Business As
Retired Racehorse Project

Signing Officer

Name
Steuart L Pittman Jr
Title
President
Phone
4107985140
Signed
2015-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steuart L Pittman Jr
Formed
2010
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
8
Employees
2
Volunteers
100

Preparer

Firm
Nadenlean LLC
Address
10626 YORK ROAD SUITE H, HUNT VALLEY, MD 21030
Preparer
Paul J Drake
Phone
4104535500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Graphic design: program service expenses 8,865. Management and general expenses 1,480. Fundraising expenses 660. Total expenses 11,005. Payroll services: program service expenses 410. Management and general expenses 77. Fundraising expenses 26. Total expenses 513. Video production: program service expenses 6,729. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,729. Website: program service expenses 8,951. Management and general expenses 13,298. Fundraising expenses 1,389. Total expenses 23,638. Social media: program service expenses 7,138. Management and general expenses 5,331. Fundraising expenses 0. Total expenses 12,469.”

FORM 990, PART XI, LINE 9:

“Non deductible penalties -110.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from last year.”

Financial Statement Notes

PART X, LINE 2:

“The financial accounting standards board (fasb) issued fasb asc 740-10 (formerly fasb interpretation no. (fin) 48) "accounting for uncertaintly in income taxes, an interpretation of fasb statement no. 109" that clarifies the accounting and recognition for income tax positions taken or expected to be taken in the association's income tax returns. The organization has adopted this standard. This had no material effect on the organization's financial statements. The organization's income tax filings are subject to audit by the internal revenue service. Open audit periods are years ending december 31, 2011, 2012, 2013, and 2014.”

Raw XML AppendixShowing 400 of 480 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR, PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT, DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9FORMER SECRETARY/TREASURER, DIRECTOR FINAL 2014
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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FACILITATE THE PLACEMENT OF RETIRED THOROUGHBRED RACEHORSES IN SECOND CAREERS BY EDUCATING THE PUBLIC ABOUT THE HISTORY, DISTINCTIVE CHARACTERISTICS, VERSATILITY OF USE AND APPROPRIATE CARE AND TRAINING OF THE ICONIC AMERICAN THOROUGHBRED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt029619
IRS990/NetAssetsOrFundBalancesEOYAmt0191313
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-7324
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-7324
IRS990/NetIncomeOrLossGrp/ExclusionAmt011775
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt011775
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt010082
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0702
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010
IRS990/OfficeExpensesGrp/ProgramServicesAmt01236
IRS990/OfficeExpensesGrp/TotalAmt01948
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-110
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1PRINTING AND PUBLICATIO
IRS990/OtherExpensesGrp/Desc2CATERING FOR EVENTS
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/FundraisingAmt01504
IRS990/OtherExpensesGrp/FundraisingAmt11533
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0325
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1601
IRS990/OtherExpensesGrp/ProgramServicesAmt030906
IRS990/OtherExpensesGrp/ProgramServicesAmt111463
IRS990/OtherExpensesGrp/ProgramServicesAmt29622
IRS990/OtherExpensesGrp/ProgramServicesAmt35745
IRS990/OtherExpensesGrp/TotalAmt032735
IRS990/OtherExpensesGrp/TotalAmt113597
IRS990/OtherExpensesGrp/TotalAmt29622
IRS990/OtherExpensesGrp/TotalAmt35745
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0396
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02535
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04990
IRS990/OtherSalariesAndWagesGrp/TotalAmt07921
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0157
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0470
IRS990/PayrollTaxesGrp/ProgramServicesAmt02508
IRS990/PayrollTaxesGrp/TotalAmt03135
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02534
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04618
IRS990/PrincipalOfficerNm0STEUART L PITTMAN JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICES-SEMIN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt047887
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt047887
IRS990/ProgSrvcAccomActy2Grp/Desc0THOROUGHBREDS FOR ALL! 2014: THESE EVENTS, CONDUCTED REGIONALLY, SHOWCASE LOCAL HORSES AVAILABLE FOR RE-HOMING BY FEATURING THEM IN DEMONSTRATIONS AND LECTURES CONDUCTED BY TOP-LEVEL RIDERS, TRAINERS AND JUDGES IN VARIOUS DISCIPLINES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt027659
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt023803
IRS990/ProgSrvcAccomActy3Grp/Desc0MD/PA HORSE EXPO: THESE ARE EDUCATIONAL SEMINARS AND DEMONSTRATIONS, CONDUCTED AT REGIONAL HORSE EXPOSITIONS, TO PROMOTE RETIRED RACEHORSES AND EDUCATE ATTENDEES ABOUT THEM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02302
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01500
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GENERAL OUTREACH PROGRAMS; MOBILE RRP EDUCATION UNIT; DIRECTORY; MAGAZINE; NEWSLETTER
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt051240
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt091057
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0105318
IRS990/PYOtherRevenueAmt02543
IRS990/PYProgramServiceRevenueAmt046497
IRS990/PYRevenuesLessExpensesAmt013738
IRS990/PYSalariesCompEmpBnftPaidAmt018000
IRS990/PYTotalExpensesAmt0126359
IRS990/PYTotalProfFndrsngExpnsAmt03041
IRS990/PYTotalRevenueAmt0140097
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0161804
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt022584
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0142556
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt056057
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt026631
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0225244
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0348
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0348
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt052454
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt058268
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt014415
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0125137
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0348
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0348
IRS990ScheduleA/InvestmentIncomeCYPct00.00100
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99900
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0350381
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0195010
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0114325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt041046
IRS990ScheduleA/Total509Grp/TotalAmt0350381
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0195358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0114325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt041046
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0350729
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04377
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02229
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06606
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC 740-10 (FORMERLY FASB INTERPRETATION NO. (FIN) 48) "ACCOUNTING FOR UNCERTAINTLY IN INCOME TAXES, AN INTERPRETATION OF FASB STATEMENT NO. 109" THAT CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ASSOCIATION'S INCOME TAX RETURNS. THE ORGANIZATION HAS ADOPTED THIS STANDARD. THIS HAD NO MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE. OPEN AUDIT PERIODS ARE YEARS ENDING DECEMBER 31, 2011, 2012, 2013, AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04377
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt09900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ASSISTANCE AND AWARDS TO PARTICIPANTS PRESENTED AT THOROUGHBREDS MAKEOVER AND NATIONAL SYMPOSIUM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0POLLY PITTMAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SIBLING OF OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0490
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PURCHASE OF SUPPLIES FOR FUNDRAISER AT FAIR MARKET VALUE.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL BEFORE IT IS SIGNED BY THE EXECUTIVE DIRECTOR AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTORS SALARY IS DETERMINED BY THE GOVERNING COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST, AND THE AVAILABILITY OF THIS INFORMATION IS INDICATED IN ALL DONOR AND SPONSOR ACKNOWLEDGEMENT CORRESPONDENCE AND ON THE "SUPPORT RRP" PAGE OF THE ORGANIZATION'S WEBSITE (WWW.RETIREDRACEHORSEPROJECT.ORG).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 8,865. MANAGEMENT AND GENERAL EXPENSES 1,480. FUNDRAISING EXPENSES 660. TOTAL EXPENSES 11,005. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 410. MANAGEMENT AND GENERAL EXPENSES 77. FUNDRAISING EXPENSES 26. TOTAL EXPENSES 513. VIDEO PRODUCTION: PROGRAM SERVICE EXPENSES 6,729. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,729. WEBSITE: PROGRAM SERVICE EXPENSES 8,951. MANAGEMENT AND GENERAL EXPENSES 13,298. FUNDRAISING EXPENSES 1,389. TOTAL EXPENSES 23,638. SOCIAL MEDIA: PROGRAM SERVICE EXPENSES 7,138. MANAGEMENT AND GENERAL EXPENSES 5,331. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,469.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NON DEDUCTIBLE PENALTIES -110.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS HAS NOT CHANGED FROM LAST YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0150000

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$198,745
Liabilities
$7,432
Net assets
$191,313
Revenue
$369,306
Expenses
$207,502
Net income
$161,804
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.27$0.24$0.03$0.77$0.79$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.37$0.32$0.05$1.03$1.07$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.35$0.26$0.09$0.79$0.96$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.10$0.26$1.17$1.41$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.65$0.24$0.40$0.83$0.65$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.32$0.10$0.22$1.11$1.03$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.24$0.10$0.14$1.04$0.97$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.14$0.07$0.76$0.86$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.11$0.17$0.69$0.62$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.37$0.21$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.14$0.13$0.01