Polo Training Foundation
990 • Fiscal year 2012 • EIN 36-2605713
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Down$3,217,128
Down $336,103 (-9.5%) from 2011
Net Assets
Down$3,167,615
Down $331,013 (-9.5%) from 2011
Liabilities
Down$49,513
Down $5,090 (-9.3%) from 2011
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$716,102
Down $194,668 (-21%) from 2011
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2011 to Jun 30, 2012
- Signed
- Jan 28, 2013
- Return Version
- 2011v1.2
- Gross Receipts
- $1,262,869
Mission and Program Overview
Mission
The polo training foundation's purpose is to establish and administer a series of funds, including memorial, advisory, international, endowment, intercollegiate/ interscholastic, and others. These funds are dedicated to support polo in collegiate or scholastic sports curriculums, promote international goodwill through polo competition, and above all, encourage development and sportsmanship through teaching young people the principles of the game of polo. Since 1967, the polo training foundation has been committed to excellence in the great sport of polo. The ptf supports polo training at all levels by providing funds for the development of current and future generations of players and umpires. Through its activities, the ptf seeks to encourage the highest standards of sportsmanship and to promote international good will through polo competition.
Major Activities
- Activity 2
- Umpire clinics are very similar to adult player's clinics. In conjunction with uspa member clubs, the ptf will co-sponsor one pre-approved clinic for players or umpires at any club by paying half the cost, to the club, up to a maximum reimbursement of $1,000. These are generally three day clinics held over a weekend but can be of longer duration.
Filing and Contact Details
Filer
- EIN
- 36-2605713
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| IRS990/Activity2/Description | 0 | UMPIRE CLINICS ARE VERY SIMILAR TO ADULT PLAYER'S CLINICS. IN CONJUNCTION WITH USPA MEMBER CLUBS, THE PTF WILL CO-SPONSOR ONE PRE-APPROVED CLINIC FOR PLAYERS OR UMPIRES AT ANY CLUB BY PAYING HALF THE COST, TO THE CLUB, UP TO A MAXIMUM REIMBURSEMENT OF $1,000. THESE ARE GENERALLY THREE DAY CLINICS HELD OVER A WEEKEND BUT CAN BE OF LONGER DURATION. |
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| IRS990/ActivityOrMissionDescription | 0 | THE POLO TRAINING FOUNDATION'S PURPOSE IS TO ESTABLISH AND ADMINISTER A SERIES OF FUNDS, INCLUDING MEMORIAL, ADVISORY, INTERNATIONAL, ENDOWMENT, INTERCOLLEGIATE/ INTERSCHOLASTIC, AND OTHERS. THESE FUNDS ARE DEDICATED TO SUPPORT POLO IN COLLEGIATE OR SCHOLASTIC SPORTS CURRICULUMS, PROMOTE INTERNATIONAL GOODWILL THROUGH POLO COMPETITION, AND ABOVE ALL, ENCOURAGE DEVELOPMENT AND SPORTSMANSHIP THROUGH TEACHING YOUNG PEOPLE THE PRINCIPLES OF THE GAME OF POLO. SINCE 1967, THE POLO TRAINING FOUNDATION HAS BEEN COMMITTED TO EXCELLENCE IN THE GREAT SPORT OF POLO. THE PTF SUPPORTS POLO TRAINING AT ALL LEVELS BY PROVIDING FUNDS FOR THE DEVELOPMENT OF CURRENT AND FUTURE GENERATIONS OF PLAYERS AND UMPIRES. THROUGH ITS ACTIVITIES, THE PTF SEEKS TO ENCOURAGE THE HIGHEST STANDARDS OF SPORTSMANSHIP AND TO PROMOTE INTERNATIONAL GOOD WILL THROUGH POLO COMPETITION. |
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| IRS990/Description | 0 | YOUTH CLINICS - PLAYING POLO IS A CONFIDENCE BUILDER FOR BOTH HORSE AND RIDER. ANY BREED OF HORSE ALONG WITH ANY AGE OF RIDER CAN HAVE A GREAT TIME WITH POLO. POLO IS A FANTASTIC TEAM SPORT, WHICH CAN MAKE IT A FUN FAMILY ACTIVITY. AT THE HIGHER LEVELS IT IS AN EXHILARATING AND FAST-PACED SPORT.THE CLINIC GOAL IS TO HELP STUDENTS UNDERSTAND THE CONCEPTS, RULES, AND PRINCIPLES OF POLO. TO ACCOMPLISH THIS GOAL, PARTICIPANTS WILL RECEIVE INSTRUCTION THROUGH VIDEOS, DISCUSSION AND HANDS-ON LEARNING.THE PARTICIPANTS WILL:VIEW A USPA BLUE BOOK VIDEO GUIDE WHILE WILBUR EXPLAINS THE RULES OF THE GAME. IDENTIFY AND DEMONSTRATE THE FOUR BASIC MALLET STROKES. UNDERSTAND THE LINE OF THE BALL (LOB) AND THE RIGHT OF WAY LEARN THE CONCEPT OF THE MAN, LINE, BALL THEORY AND BEGINNING STRATEGY FOR POLO. PRACTICE THESE CONCEPTS WITH THE USE OF FOOT MALLETS WHILE UNMOUNTED. LEARN THE PROPER WAY TO PREPARE AND PROTECT YOUR HORSE FOR THE GAME AND HOW TO INTRODUCE YOUR HORSE TO MALLETS AND BALLS. LEARN SKILLS WHILE MOUNTED, PROGRESSING TO COACHED SCRIMMAGE GAMES. DISCUSS PLANS FOR THE CREATION OF A POLO CLUB OR INTERSCHOLASTIC/INTERCOLLEGIATE CLUB IF DESIRED. ADULT CLINICS - THE PTF WILL PAY HALF THE COST OF A PLAYER'S CLINIC CONDUCTED AT ANY USPA MEMBER CLUB, UP TO A MAXIMUM REIMBURSEMENT OF $1,000 TO THAT CLUB. THESE ARE GENERALLY THREE DAY CLINICS HELD OVER A WEEKEND BUT CAN BE OF LONGER DURATION. |
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| IRS990/InvestmentIncome/ExclusionAmount | 0 | 77695 |
| IRS990/InvestmentIncomePriorYear | 0 | 59391 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 77695 |
| IRS990/InvestmentInJointVenture | 0 | 0 |
| IRS990/InvestmentsPubTradedSecurities/BOY | 0 | 2975546 |
| IRS990/InvestmentsPubTradedSecurities/EOY | 0 | 2736895 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 35540 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 268182 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 236481 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 232642 |
| IRS990/LessCostOthBasisSalesExpenses/Securities | 0 | 674057 |
| IRS990/LessRentalExpenses/Real | 0 | 18055 |
| IRS990/LoanToOfficerOrDQP | 0 | 0 |
| IRS990/LobbyingActivities | 0 | 0 |
| IRS990/LocalChapters | 0 | 0 |
| IRS990/MaterialDiversionOrMisuse | 0 | 0 |
| IRS990/MembersOrStockholders | 0 | 0 |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | 1 |
| IRS990/MinutesOfGoverningBody | 0 | 1 |
| IRS990/MissionDescription | 0 | THE POLO TRAINING FOUNDATION'S PURPOSE IS TO ESTABLISH AND ADMINISTER A SERIES OF FUNDS, INCLUDING MEMORIAL, ADVISORY, INTERNATIONAL, ENDOWMENT, INTERCOLLEGIATE/ INTERSCHOLASTIC, AND OTHERS. THESE FUNDS ARE DEDICATED TO SUPPORT POLO IN COLLEGIATE OR SCHOLASTIC SPORTS CURRICULUMS, PROMOTE INTERNATIONAL GOODWILL THROUGH POLO COMPETITION, AND ABOVE ALL, ENCOURAGE DEVELOPMENT AND SPORTSMANSHIP THROUGH TEACHING YOUNG PEOPLE THE PRINCIPLES OF THE GAME OF POLO. SINCE 1967, THE POLO TRAINING FOUNDATION HAS BEEN COMMITTED TO EXCELLENCE IN THE GREAT SPORT OF POLO. THE PTF SUPPORTS POLO TRAINING AT ALL LEVELS BY PROVIDING FUNDS FOR THE DEVELOPMENT OF CURRENT AND FUTURE GENERATIONS OF PLAYERS AND UMPIRES. THROUGH ITS ACTIVITIES, THE PTF SEEKS TO ENCOURAGE THE HIGHEST STANDARDS OF SPORTSMANSHIP AND TO PROMOTE INTERNATIONAL GOOD WILL THROUGH POLO COMPETITION. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | IAN ANGUS |
| IRS990/NbrIndependentVotingMembers | 0 | 22 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 22 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 22 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 3498628 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 3167615 |
| IRS990/NetGainOrLossInvestments/ExclusionAmount | 0 | 54186 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | 54186 |
| IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount | 0 | 27300 |
| IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn | 0 | 27300 |
| IRS990/NetIncomeFromGaming/ExclusionAmount | 0 | 17169 |
| IRS990/NetIncomeFromGaming/TotalRevenueColumn | 0 | 17169 |
| IRS990/NetRentalIncomeOrLoss/ExclusionAmount | 0 | 3945 |
| IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn | 0 | 3945 |
| IRS990/NetUnrelatedBusinessTxblIncome | 0 | 0 |
| IRS990/NoncashContributions | 0 | 117171 |
| IRS990/NonDeductibleContributions | 0 | 0 |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 6 |
| IRS990/NumberIndependentVotingMembers | 0 | 22 |
| IRS990/NumberIndividualsGT100K | 0 | 0 |
| IRS990/NumberOfContractorsGT100K | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 8 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/ManagementAndGeneral | 0 | 3000 |
| IRS990/Occupancy/Total | 0 | 3000 |
| IRS990/OfficeExpenses/Fundraising | 0 | 2038 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 16064 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 721 |
| IRS990/OfficeExpenses/Total | 0 | 18823 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | 0 |
| IRS990/OfficerMailingAddress | 0 | 0 |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 11075 |
| IRS990/OtherAssetsTotal/EOY | 0 | 7244 |
| IRS990/OtherEmployeeBenefits/ManagementAndGeneral | 0 | 5227 |
| IRS990/OtherEmployeeBenefits/ProgramServices | 0 | 13341 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 18568 |
| IRS990/OtherExpensePriorYear | 0 | 509015 |
| IRS990/OtherExpensesCurrentYear | 0 | 432135 |
| IRS990/OtherExpenses/Description | 0 | TRAINING PROGRAMS |
| IRS990/OtherExpenses/Description | 1 | ADVISORY PROGRAMS |
| IRS990/OtherExpenses/Description | 2 | AWARDS |
| IRS990/OtherExpenses/Description | 3 | BAD DEBT EXPENSE |
| IRS990/OtherExpenses/ManagementAndGeneral | 0 | 5791 |
| IRS990/OtherExpenses/ProgramServices | 0 | 275698 |
| IRS990/OtherExpenses/ProgramServices | 1 | 40932 |
| IRS990/OtherExpenses/ProgramServices | 2 | 11138 |
| IRS990/OtherExpenses/Total | 0 | 275698 |
| IRS990/OtherExpenses/Total | 1 | 40932 |
| IRS990/OtherExpenses/Total | 2 | 11138 |
| IRS990/OtherExpenses/Total | 3 | 5791 |
| IRS990/OtherRevenueCurrentYear | 0 | 54472 |
| IRS990/OtherRevenueMisc/BusinessCode | 0 | 900099 |
| IRS990/OtherRevenueMisc/Description | 0 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMisc/ExclusionAmount | 0 | 6058 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 6058 |
| IRS990/OtherRevenuePriorYear | 0 | 38907 |
| IRS990/OtherSalariesAndWages/ManagementAndGeneral | 0 | 35929 |
| IRS990/OtherSalariesAndWages/ProgramServices | 0 | 97439 |
| IRS990/OtherSalariesAndWages/Total | 0 | 133368 |
| IRS990/PartialLiquidation | 0 | 0 |
| IRS990/PayrollTaxes/Fundraising | 0 | 2369 |
| IRS990/PayrollTaxes/ManagementAndGeneral | 0 | 5503 |
| IRS990/PayrollTaxes/ProgramServices | 0 | 11207 |
| IRS990/PayrollTaxes/Total | 0 | 19079 |
| IRS990/PensionPlanContributions/ProgramServices | 0 | 3700 |
| IRS990/PensionPlanContributions/Total | 0 | 3700 |
| IRS990/PermanentlyRestrictedNetAssets/BOY | 0 | 2801668 |
| IRS990/PermanentlyRestrictedNetAssets/EOY | 0 | 2851668 |
| IRS990/PoliticalActivities | 0 | 0 |
| IRS990/PremiumsPaid | 0 | 0 |
| IRS990/PriorExcessBenefitTransaction | 0 | 0 |
| IRS990/ProfessionalFundraising | 0 | 0 |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 711300 |
| IRS990/ProgramServiceRevenue/BusinessCode | 1 | 711300 |
| IRS990/ProgramServiceRevenueCY | 0 | 32549 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $3,217,128
- Liabilities
- $49,513
- Net assets
- $3,167,615
- Revenue
- -
- Expenses
- $716,102
- Net income
- -