Civic Intelligence

Middleburg Spring Race Assoc Inc

EIN 54-0801738 • 501(c)3 • Middleburg, VA

Profile

Horse races for the benefit of local charitable organizations

PO Box 1173Middleburg, VA 20118

www.middleburgspringraces.com

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

21st percentile

0.00x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

82nd percentile

33%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

47th percentile

5.3%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$3,258,803

Up $436,370 (+15%) from 2024

Liabilities

Down

$349

Down $31 (-8.2%) from 2024

Net Assets

Up

$3,258,454

Up $436,401 (+15%) from 2024

Operations
Liabilities / Revenue21st percentileNet Margin82nd percentile

Revenue

Up

$790,320

Up $40,004 (+5.3%) from 2024

Expenses

Up

$532,258

Up $16,164 (+3.1%) from 2024

Net Income

Up

$258,062

Up $23,840 (+10%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $258,084Liabilities 2010: $0Net Assets 2010: $258,0842010Assets 2011: $285,964Liabilities 2011: $87Net Assets 2011: $285,8772011Assets 2012: $295,588Liabilities 2012: $0Net Assets 2012: $295,5882012Assets 2013: $353,657Liabilities 2013: $15,001Net Assets 2013: $338,6562013Assets 2014: $480,455Liabilities 2014: $198Net Assets 2014: $480,2572014Assets 2015: $594,485Liabilities 2015: $10,000Net Assets 2015: $584,4852015Assets 2016: $625,952Liabilities 2016: $0Net Assets 2016: $625,9522016Assets 2017: $786,837Liabilities 2017: $0Net Assets 2017: $786,8372017Assets 2018: $1,057,934Liabilities 2018: $0Net Assets 2018: $1,057,9342018Assets 2019: $1,289,063Liabilities 2019: $0Net Assets 2019: $1,289,0632019Assets 2020: $1,732,861Liabilities 2020: $7,856Net Assets 2020: $1,725,0052020Assets 2021: $1,900,004Liabilities 2021: $7,015Net Assets 2021: $1,892,9892021Assets 2022: $1,992,145Liabilities 2022: $2,747Net Assets 2022: $1,989,3982022Assets 2023: $2,390,485Liabilities 2023: $502Net Assets 2023: $2,389,9832023Assets 2024: $2,822,433Liabilities 2024: $380Net Assets 2024: $2,822,0532024Assets 2025: $3,258,803Liabilities 2025: $349Net Assets 2025: $3,258,4542025

Highlighted filing

2025

Assets$3,258,803
Liabilities$349
Net Assets$3,258,454
Open 2025 Filing

Operations Trend

Revenue Growth47th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $263,0182010Expenses 2011: $261,7242011Revenue 2012: $250,408Expenses 2012: $241,688Net Income 2012: $8,7202012Revenue 2013: $343,852Expenses 2013: $298,605Net Income 2013: $45,2472013Revenue 2014: $447,885Expenses 2014: $307,286Net Income 2014: $140,5992014Revenue 2015: $459,030Expenses 2015: $332,531Net Income 2015: $126,4992015Revenue 2016: $393,514Expenses 2016: $356,996Net Income 2016: $36,5182016Revenue 2017: $465,342Expenses 2017: $326,046Net Income 2017: $139,2962017Revenue 2018: $592,065Expenses 2018: $370,476Net Income 2018: $221,5892018Revenue 2019: $582,261Expenses 2019: $421,341Net Income 2019: $160,9202019Revenue 2020: $702,045Expenses 2020: $317,480Net Income 2020: $384,5652020Revenue 2021: $360,617Expenses 2021: $420,148Net Income 2021: -$59,5312021Revenue 2022: $686,163Expenses 2022: $433,370Net Income 2022: $252,7932022Revenue 2023: $774,360Expenses 2023: $499,866Net Income 2023: $274,4942023Revenue 2024: $750,316Expenses 2024: $516,094Net Income 2024: $234,2222024Revenue 2025: $790,320Expenses 2025: $532,258Net Income 2025: $258,0622025

Highlighted filing

2025

Revenue$790,320
Expenses$532,258
Net Income$258,062
Open 2025 Filing

Filings

Most recent year

2025 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$3,258,803
Liabilities
$349
Net assets
$3,258,454
Revenue
$790,320
Expenses
$532,258
Net income
$258,062
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$0.00$3.26$0.79$0.53$0.26
2024Summary only. Only limited summary data is available for this year.$2.82$0.00$2.82$0.75$0.52$0.23
2023Summary only. Only limited summary data is available for this year.$2.39$0.00$2.39$0.77$0.50$0.27
2022Summary only. Only limited summary data is available for this year.$1.99$0.00$1.99$0.69$0.43$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.01$1.89$0.36$0.42$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.01$1.73$0.70$0.32$0.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.00$1.29$0.58$0.42$0.16
2018Summary only. Only limited summary data is available for this year.$1.06$0.00$1.06$0.59$0.37$0.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$0.47$0.33$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.00$0.63$0.39$0.36$0.04
2015Summary only. Only limited summary data is available for this year.$0.59$0.01$0.58$0.46$0.33$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.45$0.31$0.14
2013Summary only. Only limited summary data is available for this year.$0.35$0.02$0.34$0.34$0.30$0.05
2012Summary only. Only limited summary data is available for this year.$0.30$0.00$0.30$0.25$0.24$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.26
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 22, 2020
Return Version
2019v5.0
Gross Receipts
$702,045
Mission and Program Overview

Mission

Horse races for the benefit of local charitable organizations

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,205,145$1,371,827▲ $166,682
Cash and Non-Interest-Bearing Accounts$83,918$361,034▲ $277,116
Total Assets$1,289,063$1,732,861▲ $443,798
Liabilities
Other Liabilities-$7,856-
Total Liabilities$0$7,856▲ $7,856
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,289,063$1,725,005▲ $435,942
Total Net Assets Fund Balance$1,289,063$1,725,005▲ $435,942
Total Liabilities and Net Assets / Fund Balance$1,289,063$1,732,861▲ $443,798
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Lauren E WoolcottChairman
Paul D FoutPresident
Beverly R SteinmanDirector
Edward a GrassiDirector
Guy O Dove IiiDirector
Lynn WileyDirector
Robert BonnieDirector
Sharon E SheppardDirector
Viviane WarrenDirector
F Turner Reuter JrVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$375,993
Program Service Revenue
$20,745
Investment Income
$305,282
Other Revenue
$25
All Other Contributions
$375,993
Change in Net Assets
$384,565
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$283,931
Salaries, Compensation, and Employee Benefits$31,049
Total Fundraising Expense$8,490
Grants and Similar Amounts Paid$2,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$158,587--$158,587
All Other Expenses$40,358$9,286$683$50,327
Other Salaries and Wages-$28,615-$28,615
Occupancy-$11,000-$11,000
Advertising$10,709--$10,709
Other Expenses$8,755-$7,807$7,807
Fees for Services Accounting-$5,362-$5,362
Insurance$4,991--$4,991
Grants to Domestic Orgs$2,500--$2,500
Payroll Taxes-$2,434-$2,434
Office Expenses-$2,361-$2,361
Total Functional Expenses$249,932$59,058$8,490$317,480
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
Payroll Protection Program Loan$6,000
Payroll Liabilities$995
Atlantic Union Credit Card$861
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 2

“Douglas fout beverly r steinman president committee professional services”

Form 990, Page 6, Part VI, Line 11B

“President and accounting staff will review the 990 before filing.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Middleburg Spring Race Assn Inc
EIN
54-0801738
Address
PO BOX 1173, MIDDLEBURG, VA 20118

Signing Officer

Name
Paul D Fout
Title
President
Signed
2020-12-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul D Fout
Formed
1969
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
1

Preparer

Firm
O' DONNELL & CO LLC
Address
PO BOX 1802, MIDDLEBURG, VA 20118-1802
Preparer
KIMBERLY A O'DONNELL
Phone
5406878290
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Horse races for the benefit of local charitable organizations”

Form 990, Part IX, Line 11G

“Purse money:purses paid 158,587 0 0”

Form 990, Part IX, Line 24E

“Equipment rental 5,869 0 0 fence rental 5,250 0 0 awards and trophies 5,219 0 0 repairs and maintenance 4,974 0 0 miscellaneous 3,735 0 0 printing 0 2,622 0 supplies 2,443 0 0 bank card charge 0 2,354 0 commission on stock sales 0 2,001 0 fees and permits 1,915 0 0 office expenses 1,400 0 0 race day expenses:stall c 1,400 0 0 race day expenses:traffic 1,365 0 0 dues and subscriptions 1,300 0 0 race day :invitations 1,200 0 0 race day activities 972 0 0 utilities:telephone 0 899 0 horse ambulance 750 0 0 race day expenses:trash 696 0 0 fundraising 0 0 683 postage 0 604 0 golf carts rental 575 0 0 race day help 500 0 0 winners circle maintanenc 466 0 0 race day expenses:program 329 0 0 office help 0 312 0 utilities:electric 0 253 0 internet 0 199 0 bank service charges 0 42 0 total 40,358 9,286 683”

Form 990, Part XI, Line 9

“Unrealized capital gains/losses 51,377”

Raw XML Appendix400 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0HORSE RACES FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS
IRS990/AdvertisingGrp/ProgramServicesAmt010709
IRS990/AdvertisingGrp/TotalAmt010709
IRS990/AllOtherContributionsAmt0375993
IRS990/AllOtherExpensesGrp/FundraisingAmt0683
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09286
IRS990/AllOtherExpensesGrp/ProgramServicesAmt040358
IRS990/AllOtherExpensesGrp/TotalAmt050327
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0DOUGLAS FOUT
IRS990/BooksInCareOfDetail/PhoneNum05406876057
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0107 WEST FEDERAL STREET 9B
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIDDLEBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020117
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt083918
IRS990/CashNonInterestBearingGrp/EOYAmt0361034
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0375993
IRS990/CYGrantsAndSimilarPaidAmt02500
IRS990/CYInvestmentIncomeAmt0305282
IRS990/CYOtherExpensesAmt0283931
IRS990/CYOtherRevenueAmt025
IRS990/CYProgramServiceRevenueAmt020745
IRS990/CYRevenuesLessExpensesAmt0384565
IRS990/CYSalariesCompEmpBnftPaidAmt031049
IRS990/CYTotalExpensesAmt0317480
IRS990/CYTotalFundraisingExpenseAmt08490
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0702045
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0HORSE RACES FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0247432
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05362
IRS990/FeesForServicesAccountingGrp/TotalAmt05362
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0158587
IRS990/FeesForServicesOtherGrp/TotalAmt0158587
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
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/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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/PersonNm0ROBERT BONNIE
IRS990/Form990PartVIISectionAGrp/PersonNm1EDWARD A GRASSI
IRS990/Form990PartVIISectionAGrp/PersonNm2GUY O DOVE III
IRS990/Form990PartVIISectionAGrp/PersonNm3SHARON E SHEPPARD
IRS990/Form990PartVIISectionAGrp/PersonNm4BEVERLY R STEINMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5VIVIANE WARREN
IRS990/Form990PartVIISectionAGrp/PersonNm6LYNN WILEY
IRS990/Form990PartVIISectionAGrp/PersonNm7LAUREN E WOOLCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL D FOUT
IRS990/Form990PartVIISectionAGrp/PersonNm9F TURNER REUTER JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0702045
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt04991
IRS990/InsuranceGrp/TotalAmt04991
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0305282
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0305282
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HORSE RACES FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01289063
IRS990/NetAssetsOrFundBalancesEOYAmt01725005
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01289063
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01725005
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt011000
IRS990/OccupancyGrp/TotalAmt011000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02361
IRS990/OfficeExpensesGrp/TotalAmt02361
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt051377
IRS990/OtherExpensesGrp/Desc0GLENWOOD SET UP/TAKE DOWN
IRS990/OtherExpensesGrp/Desc1PAID OFFICIALS
IRS990/OtherExpensesGrp/Desc2RACE COURSE SET UP/TAKE D
IRS990/OtherExpensesGrp/Desc3GALA EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt07807
IRS990/OtherExpensesGrp/ProgramServicesAmt015137
IRS990/OtherExpensesGrp/ProgramServicesAmt18895
IRS990/OtherExpensesGrp/ProgramServicesAmt28755
IRS990/OtherExpensesGrp/TotalAmt015137
IRS990/OtherExpensesGrp/TotalAmt18895
IRS990/OtherExpensesGrp/TotalAmt28755
IRS990/OtherExpensesGrp/TotalAmt37807
IRS990/OtherLiabilitiesGrp/EOYAmt07856
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt025
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025
IRS990/OtherRevenueTotalAmt025
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt028615
IRS990/OtherSalariesAndWagesGrp/TotalAmt028615
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02434
IRS990/PayrollTaxesGrp/TotalAmt02434
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PAUL D FOUT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/BusinessCd1110000
IRS990/ProgramServiceRevenueGrp/BusinessCd2110000
IRS990/ProgramServiceRevenueGrp/BusinessCd3110000
IRS990/ProgramServiceRevenueGrp/BusinessCd4110000
IRS990/ProgramServiceRevenueGrp/Desc0INCOME:SPONSOR PARKING
IRS990/ProgramServiceRevenueGrp/Desc1INCOME:ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc2EIDL GRANT
IRS990/ProgramServiceRevenueGrp/Desc3INCOME:VENDORS
IRS990/ProgramServiceRevenueGrp/Desc4INCOME:GENERAL ADMISSION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013495
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3150
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4100
IRS990/ProgSrvcAccomActyOtherGrp/Desc0HORSE RACES FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02500
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt02500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0233408
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt012907
IRS990/PYInvestmentIncomeAmt0185
IRS990/PYOtherExpensesAmt0377718
IRS990/PYProgramServiceRevenueAmt0348668
IRS990/PYRevenuesLessExpensesAmt0160920
IRS990/PYSalariesCompEmpBnftPaidAmt030716
IRS990/PYTotalExpensesAmt0421341
IRS990/PYTotalRevenueAmt0582261
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0384565
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0395738
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01205145
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01371827
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0375993
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0233408
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0166420
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0132275
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0139125
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01047221
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt08862
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01741
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt010603
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0326052
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0348853
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0425645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0333067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0254389
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01688006
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt08862
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01741
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010603
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99610
IRS990ScheduleA/PublicSupportPY509Pct00.98800
IRS990ScheduleA/PublicSupportTotal509Amt02735227
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0702045
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0582261
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0592065
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0465342
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0393514
IRS990ScheduleA/Total509Grp/TotalAmt02735227
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0702045
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0582261
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0592065
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0474204
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0395255
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02745830
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/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1995
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2861
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL PROTECTION PROGRAM LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ATLANTIC UNION CREDIT CARD
IRS990ScheduleD/TotalLiabilityAmt07856
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HORSE RACES FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOUGLAS FOUT BEVERLY R STEINMAN PRESIDENT COMMITTEE PROFESSIONAL SERVICES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESIDENT AND ACCOUNTING STAFF WILL REVIEW THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PURSE MONEY:PURSES PAID 158,587 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EQUIPMENT RENTAL 5,869 0 0 FENCE RENTAL 5,250 0 0 AWARDS AND TROPHIES 5,219 0 0 REPAIRS AND MAINTENANCE 4,974 0 0 MISCELLANEOUS 3,735 0 0 PRINTING 0 2,622 0 SUPPLIES 2,443 0 0 BANK CARD CHARGE 0 2,354 0 COMMISSION ON STOCK SALES 0 2,001 0 FEES AND PERMITS 1,915 0 0 OFFICE EXPENSES 1,400 0 0 RACE DAY EXPENSES:STALL C 1,400 0 0 RACE DAY EXPENSES:TRAFFIC 1,365 0 0 DUES AND SUBSCRIPTIONS 1,300 0 0 RACE DAY :INVITATIONS 1,200 0 0 RACE DAY ACTIVITIES 972 0 0 UTILITIES:TELEPHONE 0 899 0 HORSE AMBULANCE 750 0 0 RACE DAY EXPENSES:TRASH 696 0 0 FUNDRAISING 0 0 683 POSTAGE 0 604 0 GOLF CARTS RENTAL 575 0 0 RACE DAY HELP 500 0 0 WINNERS CIRCLE MAINTANENC 466 0 0 RACE DAY EXPENSES:PROGRAM 329 0 0 OFFICE HELP 0 312 0 UTILITIES:ELECTRIC 0 253 0 INTERNET 0 199 0 BANK SERVICE CHARGES 0 42 0 TOTAL 40,358 9,286 683
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNREALIZED CAPITAL GAINS/LOSSES 51,377
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01289063
IRS990/TotalAssetsEOYAmt01732861
IRS990/TotalAssetsGrp/BOYAmt01289063
IRS990/TotalAssetsGrp/EOYAmt01732861
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0375993
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08490
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059058
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0249932
IRS990/TotalFunctionalExpensesGrp/TotalAmt0317480
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt07856
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt07856
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01289063
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01725005
IRS990/TotalOtherProgSrvcExpenseAmt02500
IRS990/TotalOtherProgSrvcGrantAmt02500
IRS990/TotalProgramServiceExpensesAmt0249932
IRS990/TotalProgramServiceRevenueAmt020745
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0326052
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0702045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01289063
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01732861
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.MIDDLEBURGSPRINGRACES.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL D FOUT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDDLEBURG SPRING RACE ASSN INC
ReturnHeader/Filer/BusinessNameControlTxt0MIDD
ReturnHeader/Filer/EIN0540801738
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1173
ReturnHeader/Filer/USAddress/CityNm0MIDDLEBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020118
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260818139
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0O' DONNELL & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1802
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIDDLEBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0201181802
ReturnHeader/PreparerPersonGrp/PhoneNum05406878290
ReturnHeader/PreparerPersonGrp/PreparationDt02020-12-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY A O'DONNELL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-12-28T15:02:23-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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