Civic Intelligence

Backside Learning Center Inc.

990 • Fiscal year 2024 • EIN 37-1803514

Oct 01, 2023 to Sep 30, 2024 • Filed on Mar 31, 2025

Organization ProfileWWW.BACKSIDELEARNINGCENTER.ORG
3131 S 2nd St 389Louisville, KY 40208

(502) 634-6543

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

23rd percentile

0.00x

Higher debt load relative to revenue than 23% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$79,433

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

92nd percentile

63%

Faster asset growth than 92% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

60%

Faster revenue growth than 85% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$1,889,405

Up $729,196 (+63%) from 2023

Net Assets

Up

$1,884,693

Up $728,068 (+63%) from 2023

Liabilities

Up

$4,712

Up $1,128 (+31%) from 2023

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin84th percentile

Revenue

Up

$1,476,939

Up $555,607 (+60%) from 2023

Expenses

Up

$954,237

Up $180,161 (+23%) from 2023

Net Income

Up

$522,702

Up $375,446 (+255%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $486,242Liabilities 2016: $11,661Net Assets 2016: $474,5812016Assets 2017: $589,554Liabilities 2017: $23,083Net Assets 2017: $566,4712017Assets 2018: $649,280Liabilities 2018: $19,033Net Assets 2018: $630,2472018Assets 2019: $684,658Liabilities 2019: $34,003Net Assets 2019: $650,6552019Assets 2020: $1,063,427Liabilities 2020: $70,016Net Assets 2020: $993,4112020Assets 2021: $1,045,038Liabilities 2021: $3,791Net Assets 2021: $1,041,2472021Assets 2022: $978,843Liabilities 2022: $4,156Net Assets 2022: $974,6872022Assets 2023: $1,160,209Liabilities 2023: $3,584Net Assets 2023: $1,156,6252023Assets 2024: $1,889,405Liabilities 2024: $4,712Net Assets 2024: $1,884,6932024

Highlighted filing

2024

Assets$1,889,405
Liabilities$4,712
Net Assets$1,884,693
Open 2024 Filing

Operations Trend

Revenue Growth85th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $500,770Expenses 2016: $38,614Net Income 2016: $462,1562016Revenue 2017: $244,676Expenses 2017: $185,446Net Income 2017: $59,2302017Revenue 2018: $337,751Expenses 2018: $274,135Net Income 2018: $63,6162018Revenue 2019: $388,801Expenses 2019: $368,393Net Income 2019: $20,4082019Revenue 2020: $835,410Expenses 2020: $518,314Net Income 2020: $317,0962020Revenue 2021: $586,578Expenses 2021: $620,577Net Income 2021: -$33,9992021Revenue 2022: $761,694Expenses 2022: $618,937Net Income 2022: $142,7572022Revenue 2023: $921,332Expenses 2023: $774,076Net Income 2023: $147,2562023Revenue 2024: $1,476,939Expenses 2024: $954,237Net Income 2024: $522,7022024

Highlighted filing

2024

Revenue$1,476,939
Expenses$954,237
Net Income$522,702
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Mar 31, 2025
Return Version
2023v6.0
Gross Receipts
$1,551,350
Mission and Program Overview

Mission

The purpose of the organization is to provide educational, linguistic, social and other charitable services to persons, and their families, engaged primarily in the care, training, and/or any other activity involving Thoroughbred race horses housed at racing and training facilities; particularly at Churchhill Downs in Louisville, Kentucky.

Support for persons and families caring for thoroughbred race horses

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,037,452$1,018,459▼ $18,993
Cash and Non-Interest-Bearing Accounts$75,389$482,324▲ $406,935
Savings and Temporary Cash Investments-$344,486-
Land, Buildings, and Equipment, Net$37,413$39,216▲ $1,803
Prepaid Expenses and Deferred Charges$9,955$4,920▼ $5,035
Total Assets$1,160,209$1,889,405▲ $729,196
Liabilities
Accounts Payable and Accrued Expenses$3,584$4,712▲ $1,128
Total Liabilities$3,584$4,712▲ $1,128
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,091,828$1,684,980▲ $593,152
Net Assets With Donor Restrictions$64,797$199,713▲ $134,916
Total Net Assets Fund Balance$1,156,625$1,884,693▲ $728,068
Total Liabilities and Net Assets / Fund Balance$1,160,209$1,889,405▲ $729,196

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$26,754$17,524$44,278
Equipment$7,535$29,055$36,590
Other Land Buildings$4,927$25,088$30,015

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$837,452$295,000▲ $243,262-$1,362,945
2023$733,756-▲ $113,841-$837,452
2022$898,090-▼ $156,754-$733,756
2021$581,465$200,000▲ $124,101-$898,090
2020$541,444-▲ $45,734-$581,465
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sherry StanleyExecutive DirectorFT$71,705$7,728$79,433

Board Members and Trustees

NameTitle
Pam ConwayPresident
Jeff KennedyVice-president
Amy ZinkDirector
Caton BredarDirector
Cory StaubleDirector
Glenn KosseDirector
Paola Morante EscobarDirector
Stephen LinDirector
Xaimara Torres JimenezDirector
Annie JesseeSecretary
David BurianekTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,427,919
Program Service Revenue
$0
Investment Income
$37,896
Other Revenue
$11,124
All Other Contributions
$1,264,588
Change in Net Assets
$522,702

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,464,170
Revenue Not Reported on Financial Statements
$12,769
Revenue Not Reported on Form 990
$314,763
Total Revenue per Audited Statements
$1,778,933
Total Revenue per Form 990
$1,476,939
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$778,002
Total Fundraising Expense$179,145
Other Expenses$176,235
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$422,982$60,425$120,852$604,259
Current Officers, Directors, Trustees, and Key Employees$55,603$7,944$15,886$79,433
Fees for Services Other$45,337$6,477$12,954$64,768
Payroll Taxes$35,808$5,115$10,230$51,153
Other Employee Benefits$26,998$3,858$7,712$38,568
Other Expenses$16,640--$16,640
Office Expenses$10,012$1,431$2,861$14,304
Fees for Service Investment Mgmnt Fees-$12,769-$12,769
Fees for Services Accounting$6,370$910$1,820$9,100
Insurance$6,238$891$1,782$8,911
Depreciation Depletion$6,227$890$1,779$8,896
Advertising$5,435$776$1,553$7,764
Conferences and Meetings$7,449--$7,449
Pension Plan Contributions$3,212$459$918$4,589
Travel$2,791$399$798$3,988
Total Functional Expenses$672,748$102,344$179,145$954,237

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,050,865
Total Expenses per Form 990$954,237
Expenses per Audited Statements$941,468
Expenses Not Reported on Form 990$109,397
Expenses Not Reported on Financial Statements$12,769
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$85,535
Fundraising Direct Expenses$74,411
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit for the Backside$198,386$60,688$60,688$0
20th Anniversary Event$38,800$15,900$4,776$11,124
Total Events$248,866$85,535$74,411$11,124
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
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 11B

“The organization's cpa prepares the irs form 990 and provides a draft to the board's treasuer and executive director for review and approval. Upon approval, a final draft is circulated to the full board of directors before submission to the irs.”

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

“The organization has defined procedures that provide guidance on (1) duty to disclose, (2) determining whether a conflict of interest exists, and (3) procedures for addressing a conflict of interest. The board of directors have guidelines in place to review the of procedures, record the results of the above procedures and to require annual disclosure and compliance statements from the executive director and board members.”

Form 990, Part VI, Section B, Line 15

“The board of directors has a compensation committee that periodically reviews and approves staff compensation.”

Form 990, Part VI, Section C, Line 18

“Documents are available upon request.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Backside Learning Center Inc
EIN
37-1803514
Phone
5026346543
Address
3131 S 2ND ST 389, LOUISVILLE, KY 40208

Signing Officer

Name
Sherry Stanley
Title
Executive Director
Phone
5026346543
Signed
2025-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherry Stanley
Formed
2015
Legal Domicile
Ky
Voting Board Members
11
Independent Board Members
11
Employees
27
Volunteers
55

Preparer

Firm
Lbmc Pc
Address
325 WEST MAIN STREET STE 1600, LOUISVILLE, KY 40202
Preparer
Abigail Campbell
Phone
5025851600
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“Endowment funds received to date are intended to serve as endowment fund available to support the operational needs of the organization.”

PART X, LINE 2:

“The organization is a not-for-profit organization that is exempt from federal, kentucky and local income taxes under section 501(c)(3) of the internal revenue code. No provision for income taxes has been made in the accompanying financial statements. The organization had no unrelated business income for the years ended september 30, 2024 and 2023. The organization's open audit periods are through 2024.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising event expenses 74,411.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising event expenses 74,411.”

Raw XML AppendixShowing 400 of 527 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03584
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04712
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SUPPORT FOR PERSONS AND FAMILIES CARING FOR THOROUGHBRED RACE HORSES
IRS990/AdvertisingGrp/FundraisingAmt01553
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0776
IRS990/AdvertisingGrp/ProgramServicesAmt05435
IRS990/AdvertisingGrp/TotalAmt07764
IRS990/AllOtherContributionsAmt01264588
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SHERRY STANLEY
IRS990/BooksInCareOfDetail/PhoneNum05026346543
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03131 S 2ND STREET 389
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040208
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt075389
IRS990/CashNonInterestBearingGrp/EOYAmt0482324
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt015886
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt07944
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt055603
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt079433
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt07449
IRS990/ConferencesMeetingsGrp/TotalAmt07449
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0163331
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01427919
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt037896
IRS990/CYOtherExpensesAmt0176235
IRS990/CYOtherRevenueAmt011124
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0522702
IRS990/CYSalariesCompEmpBnftPaidAmt0778002
IRS990/CYTotalExpensesAmt0954237
IRS990/CYTotalFundraisingExpenseAmt0179145
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01476939
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt01779
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0890
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06227
IRS990/DepreciationDepletionGrp/TotalAmt08896
IRS990/Desc0LEARNING CENTER ADULT PROGRAMS -THESE PROGRAMS SUPPORT EQUINE WORKERS AND THEIR FAMILIES IN THE PURSUIT OF THEIR PERSONAL AND PROFESSIONAL DREAMS. WE DO THIS BY PROVIDING EDUCATIONAL OPPORTUNITIES, ASSISTANCE IN NAVIGATING AND ACCESSING LOCAL RESOURCES, AND BY CREATING COMMUNITY. IN A CARING AND RESPECTFUL SETTING, OUR CLIENTS DEVELOP THEIR SKILLS AND KNOWLEDGE WITH CLASSES, TUTORING, AND DIRECT ASSISTANCE TAILORED TO THEIR NEEDS. THE ADULT PROGRAMS SERVED APPROXIMATELY 250 OF INDIVIDUALS THROUGH AN AVERAGE OF 20 - 30 CLASSES AND OUTREACH ACTIVITIES PER MONTH. THESE ACTIVITIES INCLUDE ENGLISH AS A SECOND LANGUAGE, CITIZENSHIP AND TECHNOLOGY CLASSES LED BY STAFF MEMBERS AND VOLUNTEERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt064797
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0199713
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt027
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0276168
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt01820
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0910
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06370
IRS990/FeesForServicesAccountingGrp/TotalAmt09100
IRS990/FeesForServicesOtherGrp/FundraisingAmt012954
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06477
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt045337
IRS990/FeesForServicesOtherGrp/TotalAmt064768
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt012769
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt012769
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt07728
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0SHERRY STANLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1PAM CONWAY
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm3ANNIE JESSEE
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID BURIANEK
IRS990/Form990PartVIISectionAGrp/PersonNm5CATON BREDAR
IRS990/Form990PartVIISectionAGrp/PersonNm6GLENN KOSSE
IRS990/Form990PartVIISectionAGrp/PersonNm7STEPHEN LIN
IRS990/Form990PartVIISectionAGrp/PersonNm8PAOLA MORANTE ESCOBAR
IRS990/Form990PartVIISectionAGrp/PersonNm9CORY STAUBLE
IRS990/Form990PartVIISectionAGrp/PersonNm10XAIMARA TORRES JIMENEZ
IRS990/Form990PartVIISectionAGrp/PersonNm11AMY ZINK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt071705
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0163331
IRS990/FundraisingDirectExpensesAmt074411
IRS990/FundraisingGrossIncomeAmt085535
IRS990/GainOrLossGrp/SecuritiesAmt05759
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05759
IRS990/GrossReceiptsAmt01551350
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt01782
IRS990/InsuranceGrp/ManagementAndGeneralAmt0891
IRS990/InsuranceGrp/ProgramServicesAmt06238
IRS990/InsuranceGrp/TotalAmt08911
IRS990/InvestmentIncomeGrp/ExclusionAmt032137
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032137
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01037452
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01018459
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt071667
IRS990/LandBldgEquipBasisNetGrp/BOYAmt037413
IRS990/LandBldgEquipBasisNetGrp/EOYAmt039216
IRS990/LandBldgEquipCostOrOtherBssAmt0110883
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE EDUCATIONAL, LINGUISTIC, SOCIAL AND OTHER CHARITABLE SERVICES TO PERSONS, AND THEIR FAMILIES, ENGAGED PRIMARILY IN THE CARE, TRAINING, AND/OR ANY OTHER ACTIVITY INVOLVING THOROUGHBRED RACE HORSES HOUSED AT RACING AND TRAINING FACILITIES; PARTICULARLY AT CHURCHHILL DOWNS IN LOUISVILLE, KENTUCKY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01156625
IRS990/NetAssetsOrFundBalancesEOYAmt01884693
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt05759
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05759
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt011124
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt011124
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0205366
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01091828
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01684980
IRS990/NoncashContributionsAmt015900
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt02861
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01431
IRS990/OfficeExpensesGrp/ProgramServicesAmt010012
IRS990/OfficeExpensesGrp/TotalAmt014304
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07712
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03858
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt026998
IRS990/OtherEmployeeBenefitsGrp/TotalAmt038568
IRS990/OtherExpensesGrp/Desc0OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1FAMILY PROGRAM EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt021646
IRS990/OtherExpensesGrp/ProgramServicesAmt116640
IRS990/OtherExpensesGrp/TotalAmt021646
IRS990/OtherExpensesGrp/TotalAmt116640
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0120852
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060425
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0422982
IRS990/OtherSalariesAndWagesGrp/TotalAmt0604259
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt010230
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05115
IRS990/PayrollTaxesGrp/ProgramServicesAmt035808
IRS990/PayrollTaxesGrp/TotalAmt051153
IRS990/PensionPlanContributionsGrp/FundraisingAmt0918
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0459
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03212
IRS990/PensionPlanContributionsGrp/TotalAmt04589
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09955
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04920
IRS990/PrincipalOfficerNm0SHERRY STANLEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0FAMILY EDUCATION PROGRAM - THE FAMILY EDUCATION PROGRAM IS HELD AT OUR OFF-SITE LOCATION. IT PROVIDES ACADEMIC ENRICHMENT ACTIVITIES TO SCHOOL-AGED CHILDREN OF BACKSIDE WORKERS AND OFFERS SIMULTANEOUS ENGLISH CLASSES FOR THEIR PARENTS. THESE PROGRAMS PROVIDE SERVICES TO 20 TO 30 SCHOOL AGE CHILDREN ON AN ONGOING BASIS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0396580
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0852318
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt069014
IRS990/PYOtherExpensesAmt0188655
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0147256
IRS990/PYSalariesCompEmpBnftPaidAmt0585421
IRS990/PYTotalExpensesAmt0774076
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0921332
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0522702
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0344486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01427919
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0852318
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0716711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0551788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0821049
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04369785
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt032137
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011943
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026437
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013938
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09139
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt093594
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt085535
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt033893
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt025521
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07192
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt027813
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0179954
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83420
IRS990ScheduleA/PublicSupportPY170Pct00.98080
IRS990ScheduleA/PublicSupportTotal170Amt03873416
IRS990ScheduleA/SubstantialContributorsTotAmt0496369
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01427919
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0852318
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0716711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0551788
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0821049
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04369785
IRS990ScheduleA/TotalSupportAmt04643333
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/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt012769
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0837452
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0295000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01362945
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0243262
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt010145
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0733756
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0837452
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0113841
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt07580
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0898090
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0733756
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-156754
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt07476
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0581465
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0200000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0898090
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0124101
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt05713
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0541444
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0581465
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt045734
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt034986
IRS990ScheduleD/DonatedServicesUseFcltsAmt034986
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt07535
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029055
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036590
IRS990ScheduleD/ExpensesNotReportedAmt0109397
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt012769
IRS990ScheduleD/ExpensesSubtotalAmt0941468
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt012769
IRS990ScheduleD/InvestmentExpensesNotIncldAmt012769
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt026754
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt017524
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt044278
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0205366
IRS990ScheduleD/OtherExpensesIncludedAmt074411
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04927
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025088
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030015
IRS990ScheduleD/OtherRevenueAmt074411
IRS990ScheduleD/RevenueNotReportedAmt0314763
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt012769
IRS990ScheduleD/RevenueSubtotalAmt01464170
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWMENT FUNDS RECEIVED TO DATE ARE INTENDED TO SERVE AS ENDOWMENT FUND AVAILABLE TO SUPPORT THE OPERATIONAL NEEDS OF THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL, KENTUCKY AND LOCAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023. THE ORGANIZATION'S OPEN AUDIT PERIODS ARE THROUGH 2024.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,889,405
Liabilities
$4,712
Net assets
$1,884,693
Revenue
$1,476,939
Expenses
$954,237
Net income
$522,702
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.88$1.48$0.95$0.52
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$0.92$0.77$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.00$0.97$0.76$0.62$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.04$0.59$0.62$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.07$0.99$0.84$0.52$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.03$0.65$0.39$0.37$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.02$0.63$0.34$0.27$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.02$0.57$0.24$0.19$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.01$0.47$0.50$0.04$0.46
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1M-$5M nonprofits