Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
990 • Fiscal year 2016 • EIN 52-1405980
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Assets
Up$1,628,208
Up $80,557 (+5.2%) from 2015
Net Assets
Up$345,611
Up $138,735 (+67%) from 2015
Liabilities
Down$1,282,597
Down $58,178 (-4.3%) from 2015
Revenue
Up$1,771,581
Up $66,971 (+3.9%) from 2015
Expenses
Down$1,632,846
Down $57,870 (-3.4%) from 2015
Net Income
Up$138,735
Up $124,841 (+899%) from 2015
Promotion of maryland thoroughbred horse breeding and racing industry.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,046,912 | $1,138,568 | ▲ $91,656 |
| Accounts Receivable | $457,408 | $447,220 | ▼ $10,188 |
| Prepaid Expenses and Deferred Charges | $3,881 | $2,970 | ▼ $911 |
| Total Assets | $1,547,651 | $1,628,208 | ▲ $80,557 |
| Other Assets Total | $39,450 | $39,450 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $1,228,922 | $1,155,807 | ▼ $73,115 |
| Other Liabilities | $111,853 | $126,790 | ▲ $14,937 |
| Total Liabilities | $1,340,775 | $1,282,597 | ▼ $58,178 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $206,876 | $345,611 | ▲ $138,735 |
| Total Net Assets Fund Balance | $206,876 | $345,611 | ▲ $138,735 |
| Total Liabilities and Net Assets / Fund Balance | $1,547,651 | $1,628,208 | ▲ $80,557 |
| Name | Title |
|---|---|
| James B Steele Jr | President |
| Ann Merryman | Director |
| Brooke C Bowman Dvm | Director |
| Dale Capuano | Director |
| Donald a Miller Jr | Director |
| Frank P Wright | Director |
| J William Boniface | Director |
| Kent a Murray | Director |
| King T Leatherbury | Director |
| Linda S Gaudet | Director |
| Marilyn Doetsch | Director |
| Michael Pons | Director |
| Mitch Kearney | Director |
| PAUL O'LOUGHLIN | Director |
| R Larry Johnson | Director |
| Sal Sinatra | Director |
| Scot Browning | Director |
| Timothy L Keefe | Director |
| Wayne a Harrison | Director |
| Katharine M Voss | Secretary Tr |
| Donald Dean | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,632,846 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $29,808 | - | - | $29,808 |
| Other Expenses | $18,749 | - | - | $18,749 |
| Fees for Services Accounting | $17,209 | - | - | $17,209 |
| Advertising | $11,763 | - | - | $11,763 |
| Office Expenses | $9,299 | - | - | $9,299 |
| Insurance | $4,475 | - | - | $4,475 |
| Total Functional Expenses | $1,632,846 | $0 | $0 | $1,632,846 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,734,173 |
| Expenses per Audited Statements | $1,632,846 |
| Total Expenses per Form 990 | $1,632,846 |
| Expenses Not Reported on Form 990 | $101,327 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $79,255 |
| Fundraising Gross Income | $38,840 |
| Gaming Direct Expenses | $22,072 |
| Gaming Gross Income | $21,800 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf | $22,080 | $22,080 | $22,330 | $-250 |
| Gala | $16,760 | $16,760 | $56,925 | $-40,165 |
| Total Events | $38,840 | $38,840 | $79,255 | $-40,415 |
| Liability | Amount |
|---|---|
| Committed Purses | $126,790 |
“Maryland million, ltd. Is oganized with members or stockholers.”
“Form 990 is reviewed in detail with the executive director and then with the board of directors. The board of directors vote on the proposal to approve the form 990.”
“Each director and officer reviews an annual disclosure statement which affirms that the person has received a copy of the conflict of interest policy, has read and understood the policy, and agrees to comply with the policy. All annual disclosure statements are submitted to the secretary of the organization and filed with the minutes of the first board meeting of the board of directors held each year. Any director who fails to comply with the conflict of interest policy may, at the discretion of the board of directors, be removed from the board.”
“Copies of governing documents, conflict of interest policy, and financial statements are available at the organization's office upon request.”
“Special event expenses - page 1 line 11 101,327 special event expense - page 1, line 11 -101,327”
“The organization is exempt from federal income taxes under section 501(c) (6)of the internal revenue code, except on net income derived from unrelated business activities. Currently, the organization has no obligation for any unrelated business income tax. The organization believes that is has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The organization is not a private foundation.”
“Special event expenses - page 1 line 11 101,327”
“Special event expense - page 1, line 11 101,327”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1228922 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1155807 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 457408 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 447220 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROMOTION OF MARYLAND THOROUGHBRED HORSE BREEDING AND RACING INDUSTRY. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 11763 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 11763 |
| IRS990/AllOtherContributionsAmt | 0 | 29221 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 29808 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 29808 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | NICOLE HART-RICHARDSON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4102522100 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 365 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | TIMONIUM |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 21094 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1046912 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1138568 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 560857 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1428 |
| IRS990/CYOtherExpensesAmt | 0 | 1632846 |
| IRS990/CYOtherRevenueAmt | 0 | -40687 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1249983 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 138735 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1632846 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1771581 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | MARYLAND MILLION DAY PROGRAM: A DAY OF RACING DESIGNED TO PROMOTE AND EDUCATE THE PUBLIC IN THOROUGHBRED RACING AND BREEDING. APPROXIMATELY 20,000 INDIVIDUALS PARTICIPATE. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 17209 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 17209 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KING T LEATHERBURY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KENT A MURRAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | FRANK P WRIGHT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | PAUL O'LOUGHLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DALE CAPUANO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | J WILLIAM BONIFACE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MICHAEL PONS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | WAYNE A HARRISON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SCOT BROWNING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MARILYN DOETSCH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MITCH KEARNEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | BROOKE C BOWMAN DVM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | TIMOTHY L KEEFE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | LINDA S GAUDET |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | R LARRY JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | ANN MERRYMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | DONALD A MILLER JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | SAL SINATRA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | KATHARINE M VOSS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | JAMES B STEELE JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | DONALD DEAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | SECRETARY TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | VICE PRESIDE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 1985 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingDirectExpensesAmt | 0 | 79255 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 38840 |
| IRS990/GamingActivitiesInd | 0 | true |
| IRS990/GamingDirectExpensesAmt | 0 | 22072 |
| IRS990/GamingGrossIncomeAmt | 0 | 21800 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 21 |
| IRS990/GovernmentGrantsAmt | 0 | 452983 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1872908 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 21 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 4475 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4475 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1348 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 80 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1428 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 52 |
| IRS990/IRPDocumentW2GCnt | 0 | 1 |
| IRS990/LegalDomicileStateCd | 0 | MD |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 78653 |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PROMOTION OF MARYLAND THOROUGHBRED HORSE BREEDING AND RACING INDUSTRY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 206876 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 345611 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -40165 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -40415 |
| IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt | 0 | -272 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | -272 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | -1064765 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 14021 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 9299 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 9299 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 39450 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 39450 |
| IRS990/OtherExpensesGrp/Desc | 0 | PURSES |
| IRS990/OtherExpensesGrp/Desc | 1 | RACE DAY EVENTS |
| IRS990/OtherExpensesGrp/Desc | 2 | MHB SERVICE FEE |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS EXPENSES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1098965 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 298578 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 144000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 18749 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1098965 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 298578 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 144000 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 18749 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 111853 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 126790 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3881 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2970 |
| IRS990/PrincipalOfficerNm | 0 | CRICKET GOODALL |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RACING ACT |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MARYLAND BRED RACE FUND |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | PRE-ENTRY/ENTRY FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | HORSEMEN'S CONTRIBUTION |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | SIMULCAST REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 449812 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 360578 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 171007 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 95421 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 84253 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 449812 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 360578 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 171007 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 95421 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 84253 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 552133 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1006 |
| IRS990/PYOtherExpensesAmt | 0 | 1690716 |
| IRS990/PYOtherRevenueAmt | 0 | -45565 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1197036 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 13894 |
| IRS990/PYTotalExpensesAmt | 0 | 1690716 |
| IRS990/PYTotalRevenueAmt | 0 | 1704610 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 138735 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/DuesAssessmentsAmt | 0 | 78653 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | false |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 101327 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1632846 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 101327 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 126790 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | COMMITTED PURSES |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 101327 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 101327 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1771581 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (6)OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. CURRENTLY, THE ORGANIZATION HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION BELIEVES THAT IS HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | SPECIAL EVENT EXPENSES - PAGE 1 LINE 11 101,327 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | SPECIAL EVENT EXPENSE - PAGE 1, LINE 11 101,327 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XI, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1632846 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 126790 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1771581 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1872908 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1734173 |
| IRS990ScheduleG/CharitableDistributionRqrInd | 0 | false |
| IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd | 0 | false |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 79255 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | GALA |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 22080 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 16760 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 38840 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 22080 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 16760 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 38840 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -40415 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 79255 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 22330 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 56925 |
| IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt | 0 | 22072 |
| IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt | 0 | 21800 |
| IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt | 0 | 21800 |
| IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt | 0 | -272 |
| IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt | 0 | 22072 |
| IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt | 0 | 22072 |
| IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd | 0 | false |
| IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd | 0 | true |
| IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct | 0 | 1.00000 |
| IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd | 0 | false |
| IRS990ScheduleG/GamingOtherFacilityPct | 0 | 1.00000 |
| IRS990ScheduleG/GamingWithNonmembersInd | 0 | false |
| IRS990ScheduleG/IndividualWithBooksNm | 0 | NICOLE HART-RICHARDSON |
| IRS990ScheduleG/LicensedInd | 0 | true |
| IRS990ScheduleG/LicenseSuspendedEtcInd | 0 | false |
| IRS990ScheduleG/MemberOfOtherEntityInd | 0 | false |
| IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt | 0 | PO BOX 365 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)6 • $1M-$5M nonprofits
Little Rock, AR
View Organization501(c)6
Revenue vs current organization
5.7% higherAssets vs current organization
14% higherIndianapolis, IN
View Organization501(c)6
Revenue vs current organization
55% lowerAssets vs current organization
15% higherSacramento, CA
View Organization501(c)6
Revenue vs current organization
About the sameAssets vs current organization
9.6% lowerLansing, MI
View Organization501(c)6
Revenue vs current organization
5% higherAssets vs current organization
71% lower