Civic Intelligence

Fair Hill International Inc

EIN 52-1623918 • 501(c)3 • Elkton, MD

Profile

To conduct and promote amateur and professional equestrian competitions, clinics, and special events to develop eventing, combined driving and endurance riding from beginner through national and international levels, consistent with governing standards and with responsible care for safety, the environment, and sportsmanship.

378 Fair Hill DriveElkton, MD 21921-2507

www.fairhillinternational.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.30x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.08x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

45th percentile

1.8%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

18th percentile

-13%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

7.4%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$170,566

Down $25,727 (-13%) from 2023

Liabilities

Down

$51,744

Down $37,650 (-42%) from 2023

Net Assets

Up

$118,822

Up $11,923 (+11%) from 2023

Revenue

Up

$661,681

Up $45,307 (+7.4%) from 2023

Expenses

Up

$649,758

Up $43,293 (+7.1%) from 2023

Net Income

Up

$11,923

Up $2,014 (+20%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$200K$0-$200KAssets 2010: $26,918Liabilities 2010: $109,094Net Assets 2010: -$82,1762010Assets 2011: $33,734Liabilities 2011: $132,620Net Assets 2011: -$98,8862011Assets 2012: $104,502Liabilities 2012: $273,391Net Assets 2012: -$168,8892012Assets 2013: $69,131Liabilities 2013: $218,580Net Assets 2013: -$149,4492013Assets 2014: $70,209Liabilities 2014: $222,213Net Assets 2014: -$152,0042014Assets 2015: $50,213Liabilities 2015: $196,178Net Assets 2015: -$145,9652015Assets 2016: $34,895Liabilities 2016: $127,515Net Assets 2016: -$92,6202016Assets 2017: $98,110Liabilities 2017: $60,275Net Assets 2017: $37,8352017Assets 2018: $61,015Liabilities 2018: $34,324Net Assets 2018: $26,6912018Assets 2019: $115,633Liabilities 2019: $127,503Net Assets 2019: -$11,8702019Assets 2020: $55,095Liabilities 2020: $101,623Net Assets 2020: -$46,5282020Assets 2021: $90,899Liabilities 2021: $101,303Net Assets 2021: -$10,4042021Assets 2022: $142,008Liabilities 2022: $45,018Net Assets 2022: $96,9902022Assets 2023: $196,293Liabilities 2023: $89,394Net Assets 2023: $106,8992023Assets 2024: $170,566Liabilities 2024: $51,744Net Assets 2024: $118,8222024

Highlighted filing

2024

Assets$170,566
Liabilities$51,744
Net Assets$118,822

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $683,5942010Expenses 2011: $716,6892011Expenses 2012: $795,5752012Revenue 2013: $820,129Expenses 2013: $800,689Net Income 2013: $19,4402013Revenue 2014: $846,147Expenses 2014: $848,702Net Income 2014: -$2,5552014Revenue 2015: $834,348Expenses 2015: $828,309Net Income 2015: $6,0392015Revenue 2016: $863,907Expenses 2016: $810,562Net Income 2016: $53,3452016Revenue 2017: $987,279Expenses 2017: $856,824Net Income 2017: $130,4552017Revenue 2018: $875,740Expenses 2018: $886,884Net Income 2018: -$11,1442018Revenue 2019: $929,961Expenses 2019: $968,522Net Income 2019: -$38,5612019Revenue 2020: $274,738Expenses 2020: $301,396Net Income 2020: -$26,6582020Revenue 2021: $558,154Expenses 2021: $522,030Net Income 2021: $36,1242021Revenue 2022: $628,758Expenses 2022: $539,983Net Income 2022: $88,7752022Revenue 2023: $616,374Expenses 2023: $606,465Net Income 2023: $9,9092023Revenue 2024: $661,681Expenses 2024: $649,758Net Income 2024: $11,9232024

Highlighted filing

2024

Revenue$661,681
Expenses$649,758
Net Income$11,923

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.52$1.19$6.62$6.50$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.96$0.89$1.07$6.16$6.06$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.45$0.97$6.29$5.40$0.89
2021Detailed filing. Detailed filing data is available for this year.$0.91$1.01$0.10$5.58$5.22$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.55$1.02$0.47$2.75$3.01$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.16$1.28$0.12$9.30$9.69$0.39
2018Detailed filing. Detailed filing data is available for this year.$0.61$0.34$0.27$8.76$8.87$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.60$0.38$9.87$8.57$1.30
2016Detailed filing. Detailed filing data is available for this year.$0.35$1.28$0.93$8.64$8.11$0.53
2015Detailed filing. Detailed filing data is available for this year.$0.50$1.96$1.46$8.34$8.28$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.70$2.22$1.52$8.46$8.49$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.69$2.19$1.49$8.20$8.01$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$2.73$1.69$7.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$1.33$0.99$7.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$1.09$0.82$6.84
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$661,681
Mission and Program Overview

Mission

The organization's mission is to promote national and international amateur competition in the field of equestrian events in a safe and sportsman-like manner.

To conduct and promote amateur and professional equestrian competitions, clinics, and special events to develop eventing, combined driving and endurance riding from beginner through national and international levels, consistent with governing standards and with responsible care for safety, the environment, and sportsmanship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$88,047$72,117▼ $15,930
Savings and Temporary Cash Investments$45,197$69,584▲ $24,387
Cash and Non-Interest-Bearing Accounts$33,346$18,686▼ $14,660
Accounts Receivable$500--
Total Assets$196,293$170,566▼ $25,727
Other Assets Total$29,203$10,179▼ $19,024
Liabilities
Unsecured Notes Loans Payable$40,624$28,511▼ $12,113
Accounts Payable and Accrued Expenses$19,567$13,054▼ $6,513
Other Liabilities$29,203$10,179▼ $19,024
Total Liabilities$89,394$51,744▼ $37,650
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$68,942$78,246▲ $9,304
Net Assets With Donor Restrictions$37,957$40,576▲ $2,619
Total Net Assets Fund Balance$106,899$118,822▲ $11,923
Total Liabilities and Net Assets / Fund Balance$196,293$170,566▼ $25,727

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$69,786$92,996$162,782
Leasehold Improvements$2,331$28,045$30,376
Other Assets Org$10,179--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Diane TrefryPresident
Allie SacksenBoard Member
Amy EsteyBoard Member
Andi BatesBoard Member
Barbara BatemanBoard Member
Bonnie LamonteBoard Member
Coates BatemanBoard Member
Jaqueline WhalenBoard Member
Kathie TroutmanBoard Member
Lori DanekerBoard Member
Mary Beth HeiserBoard Member
Rupert RossettiBoard Member
Sandra UhlerBoard Member
Sarah ColendaBoard Member
Stacey BlyskalBoard Member
Timothy GardnerBoard Member
Fran LoftusSecretary
Todd McgregorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$152,696
Program Service Revenue
$508,985
Investment Income
$0
Other Revenue
$0
All Other Contributions
$152,696
Change in Net Assets
$11,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$497,588
Salaries, Compensation, and Employee Benefits$146,170
Total Fundraising Expense$12,418
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$116,828$12,226$6,792$135,846
Fees for Services Other$87,617$3,876$2,153$93,646
All Other Expenses$83,409$7,091$513$91,013
Occupancy$31,891$3,338$1,853$37,082
Depreciation Depletion$22,076$3,594-$25,670
Other Expenses$22,050--$22,050
Office Expenses-$12,677-$12,677
Insurance$10,176$1,065$591$11,832
Payroll Taxes$8,879$929$516$10,324
Fees for Services Accounting-$9,800-$9,800
Advertising$6,418--$6,418
Grants to Domestic Orgs$6,000--$6,000
Total Functional Expenses$582,744$54,596$12,418$649,758
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Youth Empowerment Source IncElkton, MD501(c)(3)To Cover Expenses of Youth Program$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$10,179
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 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 A, Line 2

Two members of the board of directors are married to each other. Also two members of the board of directors are mother and daughter.

Form 990, Part VI, Section A, Line 6

All directors and officers are members of the organization by virtue of their office. The board may also invite to the membership individuals and organizations who desire to become members and support the purposes for which the organization was formed.

Form 990, Part VI, Section A, Line 7A

Directors are elected for three year terms on a rolling schedule, with one third of directors elected annually at the meeting of the membership from a slate prepared by the nominating committee.

Form 990, Part VI, Section B, Line 11B

The corporation's independent accounting firm prepares the initial draft of form 990. The corporation's treasurer, in consultation with the finance committee, reviews the draft form 990 and then approves the final form 990. The treasurer provides an electronic copy of form 990 to the governing body.

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

Each year the corporate secretary requires each officer and board member to acknowledge in writing the receipt of the organization's conflict of interest policy and to disclose any conflicts.

Form 990, Part VI, Section B, Line 15

All employees of the organization are subject to the compensation policy, which requires compensation decisions to be independently reviewed by the governing body using data for similarly qualified persons in functionally comparable positions at comparable organizations. Compensation decisions are documented in the organization's records.

Form 990, Part VI, Section C, Line 18

The organization's form 1023 and form 990 are available upon request. Additionally, form 990 is available on guidestar.org.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Fair Hill International Inc
EIN
52-1623918
Phone
4103982111
Address
378 FAIR HILL DRIVE, ELKTON, MD 21921-2507

Signing Officer

Name
Todd Mcgregor
Title
Treasurer
Phone
4103982111
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Mcgregor
Formed
1988
Legal Domicile
Md
Voting Board Members
18
Independent Board Members
18
Employees
4
Volunteers
0

Preparer

Firm
Barbacane Thornton & Company Llp
Address
503 CARR ROAD SUITE 100, WILMINGTON, DE 19809-2863
Preparer
Edmund Fosu-laryea
Phone
3024788940
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contractual services: program service expenses 37,034. Management and general expenses 3,876. Fundraising expenses 2,153. Total expenses 43,063. Farrier: program service expenses 3,900. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,900. Officials: program service expenses 36,683. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,683. Veterinarian: program service expenses 10,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,000.

Form 990, Part IX, Line 24E

Volunteers: program service expenses 18,795. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,795. Stabling: program service expenses 15,692. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,692. Supporting events: program service expenses 12,892. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,892. Event supplies and materials: program service expenses 11,468. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,468. Ribbons & awards: program service expenses 6,648. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,648. Fees & dues: program service expenses 2,588. Management and general expenses 3,639. Fundraising expenses 0. Total expenses 6,227. Communications: program service expenses 5,108. Management and general expenses 535. Fundraising expenses 296. Total expenses 5,939. Marketing: program service expenses 3,297. Management and general expenses 345. Fundraising expenses 192. Total expenses 3,834. Miscellanous expense: program service expenses 3,160. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,160. Dnr fees: program service expenses 0. Management and general expenses 2,528. Fundraising expenses 0. Total expenses 2,528. Merchandise expense: program service expenses 2,210. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,210. Sponsors: program service expenses 1,130. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,130. Parking: program service expenses 421. Management and general expenses 44. Fundraising expenses 25. Total expenses 490.

Form 990, Part XII, Line 2C

The organization's process governing oversight of the review and selection of an independent accounting firm, managed by the finance and/or executive committees, has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organization's tax-exempt purpose may be subject to taxation as unrelated business income. Generally accepted accounting principles prescribe rules for the recognition, measurement, classification and disclosure in the financial statements of uncertain tax positions taken or expected to be taken in the organization's tax returns. Management has determined that the organization does not have any uncertain tax positions or associated unrecognized benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the organization's tax returns will not be challenged by the taxing authorities and that the organization will not be subject to additional tax, penalties and interest as a result of such challenge.

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IRS990/ActivityOrMissionDesc0TO CONDUCT AND PROMOTE AMATEUR AND PROFESSIONAL EQUESTRIAN COMPETITIONS, CLINICS, AND SPECIAL EVENTS TO DEVELOP EVENTING, COMBINED DRIVING AND ENDURANCE RIDING FROM BEGINNER THROUGH NATIONAL AND INTERNATIONAL LEVELS, CONSISTENT WITH GOVERNING STANDARDS AND WITH RESPONSIBLE CARE FOR SAFETY, THE ENVIRONMENT, AND SPORTSMANSHIP.
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IRS990/Desc0FAIR HILL INTERNATIONAL, INC. CONDUCTS A SERIES OF EQUESTRIAN COMPETITIONS THROUGHOUT THE YEAR WHICH ARE DESIGNED TO PROVIDE COMPETITION OPPORTUNTIES FOR HORSE AND RIDER COMBINATIONS FROM THE ELEMENTARY TO THE ADVANCED LEVELS.FROM APRIL THROUGH AUGUST, THE ORGANIZATION HOLDS THREE RECOGNIZED (FEI, USEF, USEA) HORSE TRIALS AND THREE STARTER HORSE TRIALS. EACH OF THE TRIALS ATTRACT AN AVERAGE OF 150 TO 250 COMPETITORS, ALONG WITH THEIR SUPPORT PEOPLE AND SPECTATORS.THE ORGANIZATION ALSO CONDUCTS A COMBINED CARRIAGE DRIVING EVENT, AN ENDURANCE RIDING EVENT AND MULTIPLE DRESSAGE AND JUMPING SCHOOLING SESSIONS.IN ADDITION, THE ORGANIZATION PROVIDES COMPETITION MANAGEMENT SERVICES TO THE ENTITY THAT PRODUCES THE EVENT KNOWN AS THE "MARS MARYLAND 5 STAR AT FAIR HILL PRESENTED BY BROWN ADVISORY" HELD ANNUALLY IN OCTOBER IN THE SPECIAL EVENT ZONE AT THE FAIR HILL NATURAL RESOURCES MANAGEMENT AREA.
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IRS990/Form990PartVIISectionAGrp/PersonNm16STACEY BLYSKAL
IRS990/Form990PartVIISectionAGrp/PersonNm17AMY ESTEY
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IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CONDUCT AND PROMOTE AMATEUR AND PROFESSIONAL EQUESTRIAN COMPETITIONS, CLINICS, AND SPECIAL EVENTS TO DEVELOP EVENTING, COMBINED DRIVING AND ENDURANCE RIDING FROM BEGINNER THROUGH NATIONAL AND INTERNATIONAL LEVELS, CONSISTENT WITH GOVERNING STANDARDS AND WITH RESPONSIBLE CARE FOR SAFETY, THE ENVIRONMENT, AND SPORTSMANSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/ManagementAndGeneralAmt03338
IRS990/OccupancyGrp/ProgramServicesAmt031891
IRS990/OccupancyGrp/TotalAmt037082
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012677
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt029203
IRS990/OtherAssetsTotalGrp/EOYAmt010179
IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherExpensesGrp/Desc3PUBLIC SAFETY
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IRS990/OtherExpensesGrp/ProgramServicesAmt223540
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010179
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE RIGHT OF USE ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010179
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE ORGANIZATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE ORGANIZATION WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/GrantRecordsMaintainedInd01
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO COVER EXPENSES OF YOUTH PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0YOUTH EMPOWERMENT SOURCE INC
IRS990ScheduleI/RecipientTable/RecipientEIN0472027845

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