Civic Intelligence

Polo Training Foundation

990 • Fiscal year 2014 • EIN 36-2605713

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 17, 2014

70 Clinton Street13159

(315) 696-5070

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

26th percentile

0.02x

Higher debt load relative to revenue than 26% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

45th percentile

1.2%

Higher net margin than 45% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

75th percentile

$111,714

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

67th percentile

8.2%

Faster asset growth than 67% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$3,711,533

Up $280,450 (+8.2%) from 2013

Net Assets

Up

$3,697,239

Up $302,530 (+8.9%) from 2013

Liabilities

Down

$14,294

Down $22,080 (-61%) from 2013

Revenue

$581,682

No earlier filing loaded for comparison.

Expenses

Up

$574,794

Up $2,465 (+0.4%) from 2013

Net Income

$6,888

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $3,553,231Liabilities 2011: $54,603Net Assets 2011: $3,498,6282011Assets 2013: $3,431,083Liabilities 2013: $36,374Net Assets 2013: $3,394,7092013Assets 2014: $3,711,533Liabilities 2014: $14,294Net Assets 2014: $3,697,2392014Assets 2015: $3,595,907Liabilities 2015: $13,346Net Assets 2015: $3,582,5612015Assets 2016: $3,478,025Liabilities 2016: $15,288Net Assets 2016: $3,462,7372016Assets 2017: $3,786,679Liabilities 2017: $39,758Net Assets 2017: $3,746,9212017Assets 2018: $3,961,669Liabilities 2018: $11,239Net Assets 2018: $3,950,4302018Assets 2019: $4,242,856Liabilities 2019: $20,307Net Assets 2019: $4,222,5492019Assets 2020: $4,731,536Liabilities 2020: $68,501Net Assets 2020: $4,663,0352020Assets 2021: $6,153,259Liabilities 2021: $69,672Net Assets 2021: $6,083,5872021Assets 2022: $5,812,031Liabilities 2022: $21,357Net Assets 2022: $5,790,6742022Assets 2025: $8,715,813Liabilities 2025: $3,311Net Assets 2025: $8,712,5022025

Highlighted filing

2014

Assets$3,711,533
Liabilities$14,294
Net Assets$3,697,239

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $910,7702011Expenses 2013: $572,3292013Revenue 2014: $581,682Expenses 2014: $574,794Net Income 2014: $6,8882014Revenue 2015: $671,702Expenses 2015: $535,612Net Income 2015: $136,0902015Revenue 2016: $665,077Expenses 2016: $591,736Net Income 2016: $73,3412016Revenue 2017: $527,786Expenses 2017: $506,574Net Income 2017: $21,2122017Revenue 2018: $455,431Expenses 2018: $530,113Net Income 2018: -$74,6822018Revenue 2019: $523,005Expenses 2019: $522,807Net Income 2019: $1982019Revenue 2020: $512,281Expenses 2020: $513,164Net Income 2020: -$8832020Revenue 2021: $1,141,583Expenses 2021: $488,194Net Income 2021: $653,3892021Revenue 2022: $1,223,136Expenses 2022: $475,599Net Income 2022: $747,5372022Revenue 2025: $1,211,051Expenses 2025: $602,269Net Income 2025: $608,7822025

Highlighted filing

2014

Revenue$581,682
Expenses$574,794
Net Income$6,888
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 17, 2014
Return Version
2013v3.0
Gross Receipts
$868,619
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,939,530$3,249,432▲ $309,902
Land, Buildings, and Equipment, Net$229,718$229,259▼ $459
Savings and Temporary Cash Investments$206,284$201,786▼ $4,498
Accounts Receivable$24,000$18,000▼ $6,000
Cash and Non-Interest-Bearing Accounts$24,059$5,969▼ $18,090
Total Assets$3,431,083$3,711,533▲ $280,450
Other Assets Total$7,492$7,087▼ $405
Liabilities
Accounts Payable and Accrued Expenses$36,374$14,294▼ $22,080
Total Liabilities$36,374$14,294▼ $22,080
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,901,668$2,901,668→ $0
Temporarily Rstr Net Assets$575,768$834,410▲ $258,642
Unrestricted Net Assets$-82,727$-38,839▲ $43,888
Total Net Assets Fund Balance$3,394,709$3,697,239▲ $302,530
Total Liabilities and Net Assets / Fund Balance$3,431,083$3,711,533▲ $280,450

Asset Categories

AssetBook ValueDepreciationBasis
Land$229,259-$229,259

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$3,389,275-▲ $533,879$246,031$3,677,123
2012$3,206,407$50,000▲ $404,462$271,594$3,389,275
2011$3,400,176$60,000▼ $27,098$226,671$3,206,407
2010$3,012,061$63,975▲ $437,718$113,578$3,400,176
2009$2,833,056$55,000▲ $217,624$93,619$3,012,061
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel M ScheragaExecutive DirectorFT$102,324$9,390$111,714

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$253,030
Program Service Revenue
$20,913
Investment Income
$271,305
Other Revenue
$36,434
All Other Contributions
$253,030
Change in Net Assets
$6,888

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table22$108,263Fair Market Value (FMV) at Date of Contr
Other Non Cash Contri Table4$2,614Fair Market Value (FMV) at Date of Contr
Total Noncash Contributions26$110,877-

Audited Revenue Reconciliation

Revenue per Audited Statements
$610,165
Revenue Not Reported on Financial Statements
$-28,483
Revenue Not Reported on Form 990
$295,642
Other Revenue Adjustments
$-55,151
Total Revenue per Audited Statements
$905,807
Total Revenue per Form 990
$581,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$340,668
Salaries, Compensation, and Employee Benefits$234,126
Total Fundraising Expense$25,317
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$54,607$29,951$21,586$106,144
Other Salaries and Wages$62,975$29,067-$92,042
Fees for Service Investment Mgmnt Fees-$26,668-$26,668
Other Employee Benefits$12,512$6,210-$18,722
Payroll Taxes$8,276$4,518$1,669$14,463
Office Expenses-$13,360$150$13,510
Fees for Services Accounting-$12,000-$12,000
Insurance$4,763$6,893-$11,656
Fees for Services Other-$11,157-$11,157
Travel-$5,978-$5,978
Fees for Services Legal-$4,728-$4,728
Conferences and Meetings-$3,900-$3,900
Occupancy-$3,000-$3,000
Pension Plan Contributions$2,755--$2,755
All Other Expenses-$1,457$688$2,145
Information Technology-$1,623-$1,623
Other Expenses$2,345-$1,224$1,224
Total Functional Expenses$388,967$160,510$25,317$574,794

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$603,277
Total Expenses per Form 990$574,794
Expenses per Audited Statements$548,126
Expenses Not Reported on Form 990$55,151
Expenses Not Reported on Financial Statements$26,668
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$66,365
Fundraising Direct Expenses$33,968
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$46,805$46,805$19,663$27,142
Total Events$66,365$66,365$33,968$32,397
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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 executive director receives the draft 990 from the auditor and reviews the form. The draft 990 is then sent to the board member/officer responsible for signing the form with a letter stating the executive director's approval. The board member/officer reviews the draft 990 and addresses any questions with the executive director. The 990 is filed once all questions have been addressed and all signatures obtained.

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

The foundation regularly and consistently monitors compliance with the conflict of interest policy by requiring board members to sign the policy on an annual basis.

Form 990, Part VI, Section B, Line 15

On at least an annual basis, the compensation for the executive director of the foundation is compared to other comparable foundation's using guidestar or other local information. The approval of the executive director's compensation is approved by the board of directors.

Form 990, Part VI, Section C, Line 19

The foundation's governing documents, conflict of interest policy, financial statements, and irs form 990 are available upon request.

Filing and Contact Details

Filer

EIN
36-2605713
Phone
3156965070

Signing Officer

Name
Richard Riemenschneider
Title
Chairman
Phone
3156965070
Signed
2014-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Riemenschneider
Formed
1966
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
3
Volunteers
100

Preparer

Preparer
David J De Silva
Phone
3154719171
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has not changed its oversight process during the tax year.

Financial Statement Notes

PART V, LINE 4:

The foundation's endowment funds have been established to further its mission.

PART X, LINE 2:

Management is unaware of any unrelated business activities that may be subject to unrelated business income tax or any activities that would jeopardize the foundation's exempt status.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Special events expense -33,968. Rental expense -21,183.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expense 21,183. Special events expense 33,968.

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IRS990/ActivityOrMissionDesc0THE 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/Desc0YOUTH 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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20102324
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY / TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01966
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt033968
IRS990/FundraisingGrossIncomeAmt066365
IRS990/GainOrLossGrp/OtherAmt0-459
IRS990/GainOrLossGrp/SecuritiesAmt0202090
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt038464
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0394953
IRS990/GrossReceiptsAmt0868619
IRS990/GrossRentsGrp/RealAmt025000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01623
IRS990/InformationTechnologyGrp/TotalAmt01623
IRS990/InsuranceGrp/ManagementAndGeneralAmt06893
IRS990/InsuranceGrp/ProgramServicesAmt04763
IRS990/InsuranceGrp/TotalAmt011656
IRS990/InvestmentIncomeGrp/ExclusionAmt069674
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt069674
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02939530
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03249432
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt01
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0229718
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0229259
IRS990/LandBldgEquipCostOrOtherBssAmt0229259
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt038923
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0192863
IRS990/LessRentalExpensesGrp/RealAmt021183
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03394709
IRS990/NetAssetsOrFundBalancesEOYAmt03697239
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0201631
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0201631
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt032397
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt032397
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt03817
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03817
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0295642
IRS990/NoncashContributionsAmt0110877
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03000
IRS990/OccupancyGrp/TotalAmt03000
IRS990/OfficeExpensesGrp/FundraisingAmt0150
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013360
IRS990/OfficeExpensesGrp/TotalAmt013510
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07492
IRS990/OtherAssetsTotalGrp/EOYAmt07087
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06210
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012512
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018722
IRS990/OtherExpensesGrp/Desc0TRAINING PROGRAMS
IRS990/OtherExpensesGrp/Desc1AWARDS
IRS990/OtherExpensesGrp/Desc2ADVISORY PROGRAMS
IRS990/OtherExpensesGrp/Desc3ENDOWMENT DEV & FUNDRAI
IRS990/OtherExpensesGrp/FundraisingAmt01224
IRS990/OtherExpensesGrp/ProgramServicesAmt0229556
IRS990/OtherExpensesGrp/ProgramServicesAmt111178
IRS990/OtherExpensesGrp/ProgramServicesAmt22345
IRS990/OtherExpensesGrp/TotalAmt0229556
IRS990/OtherExpensesGrp/TotalAmt111178
IRS990/OtherExpensesGrp/TotalAmt22345
IRS990/OtherExpensesGrp/TotalAmt31224
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0220
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0220
IRS990/OtherRevenueTotalAmt0220
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029067
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt062975
IRS990/OtherSalariesAndWagesGrp/TotalAmt092042
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01669
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04518
IRS990/PayrollTaxesGrp/ProgramServicesAmt08276
IRS990/PayrollTaxesGrp/TotalAmt014463
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02755
IRS990/PensionPlanContributionsGrp/TotalAmt02755
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02901668
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02901668
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICHARD RIEMENSCHNEIDER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/BusinessCd1711300
IRS990/ProgramServiceRevenueGrp/Desc0PLAYER TRAINING CLINIC
IRS990/ProgramServiceRevenueGrp/Desc1UMPIRE TRAINING CLINIC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020663
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020663
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0313108
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0249339
IRS990/PYOtherExpensesAmt0355435
IRS990/PYOtherRevenueAmt031879
IRS990/PYProgramServiceRevenueAmt024575
IRS990/PYRevenuesLessExpensesAmt046572
IRS990/PYSalariesCompEmpBnftPaidAmt0216894
IRS990/PYTotalExpensesAmt0572329
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0618901
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt06888
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt03817
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt020913
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0206284
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0201786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0253030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0313108
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0307396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0403894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0601161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01878589
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt094674
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt097841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt099695
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0108447

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.72$0.00$8.71$1.21$0.60$0.61
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.81$0.02$5.79$1.22$0.48$0.75
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.15$0.07$6.08$1.14$0.49$0.65
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$0.07$4.66$0.51$0.51$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$0.02$4.22$0.52$0.52$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.96$0.01$3.95$0.46$0.53$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.79$0.04$3.75$0.53$0.51$0.02
2016Detailed filing. Detailed filing data is available for this year.$3.48$0.02$3.46$0.67$0.59$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.60$0.01$3.58$0.67$0.54$0.14
2014Detailed filing. Detailed filing data is available for this year.$3.71$0.01$3.70$0.58$0.57$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$0.04$3.39$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$0.05$3.50$0.91