Civic Intelligence

Thoroughbred Owners & Breeders Association Inc

990 • Fiscal year 2018 • EIN 61-0663972

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

Organization ProfileWWW.TOBA.ORG

View Organization Page

2365 Harrodsburg Road No A200Lexington, KY 40504

(859) 276-2291

Siviq Scores

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

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

21st percentile

0.03x

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

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

10th percentile

-11%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

87th percentile

$286,872

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 30.0% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

30th percentile

-3.1%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-71%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$2,775,800

Down $89,886 (-3.1%) from 2017

Net Assets

Down

$2,751,193

Down $103,153 (-3.6%) from 2017

Liabilities

Up

$24,607

Up $13,267 (+117%) from 2017

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin10th percentile

Revenue

Down

$955,571

Down $2,393,345 (-71%) from 2017

Expenses

Down

$1,058,724

Down $10,728 (-1.0%) from 2017

Net Income

Down

-$103,153

Down $2,382,617 (-105%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $235,128Liabilities 2010: $39,087Net Assets 2010: $196,0412010Assets 2011: $189,893Liabilities 2011: $41,065Net Assets 2011: $148,8282011Assets 2012: $196,199Liabilities 2012: $15,362Net Assets 2012: $180,8372012Assets 2013: $282,186Liabilities 2013: $47,748Net Assets 2013: $234,4382013Assets 2014: $433,043Liabilities 2014: $50,690Net Assets 2014: $382,3532014Assets 2015: $506,130Liabilities 2015: $16,481Net Assets 2015: $489,6492015Assets 2016: $603,348Liabilities 2016: $28,466Net Assets 2016: $574,8822016Assets 2017: $2,865,686Liabilities 2017: $11,340Net Assets 2017: $2,854,3462017Assets 2018: $2,775,800Liabilities 2018: $24,607Net Assets 2018: $2,751,1932018Assets 2019: $3,022,712Liabilities 2019: $78,915Net Assets 2019: $2,943,7972019Assets 2020: $3,118,910Liabilities 2020: $13,559Net Assets 2020: $3,105,3512020Assets 2021: $3,840,044Liabilities 2021: $14,231Net Assets 2021: $3,825,8132021Assets 2022: $3,371,151Liabilities 2022: $29,203Net Assets 2022: $3,341,9482022Assets 2023: $3,882,978Liabilities 2023: $18,501Net Assets 2023: $3,864,4772023Assets 2024: $4,188,581Liabilities 2024: $93,534Net Assets 2024: $4,095,0472024

Highlighted filing

2018

Assets$2,775,800
Liabilities$24,607
Net Assets$2,751,193
Open 2018 Filing

Operations Trend

Revenue Growth1st percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,272,7292010Expenses 2011: $934,5032011Expenses 2012: $881,7662012Revenue 2013: $918,592Expenses 2013: $864,991Net Income 2013: $53,6012013Revenue 2014: $1,046,515Expenses 2014: $898,600Net Income 2014: $147,9152014Revenue 2015: $1,066,905Expenses 2015: $959,609Net Income 2015: $107,2962015Revenue 2016: $1,101,503Expenses 2016: $1,016,270Net Income 2016: $85,2332016Revenue 2017: $3,348,916Expenses 2017: $1,069,452Net Income 2017: $2,279,4642017Revenue 2018: $955,571Expenses 2018: $1,058,724Net Income 2018: -$103,1532018Revenue 2019: $947,036Expenses 2019: $997,623Net Income 2019: -$50,5872019Revenue 2020: $755,115Expenses 2020: $739,481Net Income 2020: $15,6342020Revenue 2021: $1,423,625Expenses 2021: $1,169,377Net Income 2021: $254,2482021Revenue 2022: $992,875Expenses 2022: $915,591Net Income 2022: $77,2842022Revenue 2023: $1,112,907Expenses 2023: $905,666Net Income 2023: $207,2412023Revenue 2024: $1,007,370Expenses 2024: $1,091,155Net Income 2024: -$83,7852024

Highlighted filing

2018

Revenue$955,571
Expenses$1,058,724
Net Income-$103,153
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$1,061,572
Mission and Program Overview

Mission

To advertise, promote, and foster the thoroughbred industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,854,346$2,751,193▼ $103,153
Investments Other Securities$2,150,536$2,174,104▲ $23,568
Savings and Temporary Cash Investments$482,248$369,859▼ $112,389
Accounts Receivable$82,332$125,265▲ $42,933
Cash and Non-Interest-Bearing Accounts$117,364$72,964▼ $44,400
Land, Buildings, and Equipment, Net$31,606$22,630▼ $8,976
Prepaid Expenses and Deferred Charges$1,600$10,978▲ $9,378
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,865,686$2,775,800▼ $89,886
Liabilities
Accounts Payable and Accrued Expenses$11,340$24,607▲ $13,267
Total Liabilities$11,340$24,607▲ $13,267
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,854,346$2,751,193▼ $103,153
Total Liabilities and Net Assets / Fund Balance$2,865,686$2,775,800▼ $89,886

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,402$36,419$45,821
Equipment$3,907$27,115$31,022
Leasehold Improvements$9,321$4,467$13,788
Other Securities$2,174,104--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dan MetzgerPresidentFT$265,165$21,707$286,872

Board Members and Trustees

NameTitle
J David RichardsonChairman
Everett R DobsonVice Chairman
Barbara R BankeTrustee
Bernard MccormackTrustee
Billy KochTrustee
Brett BrinkmanTrustee
Bryan P SullivanTrustee
CHARLIE O'CONNORTrustee
Craig BernickTrustee
DAVID O'FARRELLTrustee
Doug CauthenTrustee
GARRETT O'ROURKETrustee
James CovelloTrustee
Joe ApplebaumTrustee
Kenneth McpeekTrustee
Kenneth RamseyTrustee
Kevin LavinTrustee
Michael J CarusoTrustee
Mike RogersTrustee
Price H Bell JrTrustee
Robert DevlinTrustee
Rosendo G ParraTrustee
Sheila RosenblumTrustee
Solomon KuminTrustee
Terrence P FinleyTrustee
Michael McmahonSecretary
Brant M LaueTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$20,000
Program Service Revenue
$874,233
Investment Income
$46,772
Other Revenue
$14,566
All Other Contributions
$20,000
Change in Net Assets
$-103,153
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$682,919
Other Expenses$374,755
Grants and Similar Amounts Paid$1,050
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$306,796
Current Officers, Directors, Trustees, and Key Employees---$286,872
All Other Expenses---$59,912
Payroll Taxes---$40,469
Other Employee Benefits---$38,121
Fees for Services Other---$29,235
Conferences and Meetings---$27,148
Fees for Service Investment Mgmnt Fees---$26,255
Occupancy---$25,877
Office Expenses---$21,000
Travel---$20,533
Fees for Services Legal---$15,293
Other Expenses---$14,903
Pension Plan Contributions---$10,661
Information Technology---$9,854
Depreciation Depletion---$8,976
Insurance---$7,518
Advertising---$5,102
Fees for Services Accounting---$3,650
Grants to Domestic Orgs---$1,050
Total Functional Expenses$0$0$0$1,058,724
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,730
Fundraising Direct Expenses$4,877
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“As participants in the thoroughbred industry, it is normal for the board members to have business relationships with each other. Several board members share common ownership interests in thoroughbred horses.”

Form 990, Part VI, Section A, Line 6

“The organization is a membership organization made up of dues paying members from the equine industry.”

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

“The members of the organization vote in an annual election for members of the board.”

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

“Any changes in the bylaws are subject to approval by a select group of members referred to as sponsor members (roughly 22% of the total membership).”

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

“The president reviews form 990 prior to filing the form.”

Form 990, Part VI, Section B, Line 12

“A conflict of interest policy for employees is included in the toba employee handbook. A conflict of interest policy for the board has yet to be adopted. The only monitoring of this policy occurs by having a competitive bidding process.”

Form 990, Part VI, Section B, Line 15

“When the president was hired, the executive committee set his compensation. The chairman reviews the president's compensation and approves any raise of 5% or less. Any raise in excess of that is approved by the executive committee. The president conducts an annual review of other employees and has any compensation adjustments approved by the chairman.”

Form 990, Part VI, Section C, Line 19

“The organization's by-laws are posted on the website. Financial information is available through form 990 and upon request at the discretion of the board of directors and management.”

Filing and Contact Details

Filer

Filer Name
Thoroughbred Owners & Breeders
EIN
61-0663972
Phone
8592762291
Address
2365 HARRODSBURG ROAD NO A200, LEXINGTON, KY 40504

Signing Officer

Name
Daniel J Metzger
Title
President
Phone
8592762291
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel J Metzger
Formed
1964
Legal Domicile
Ky
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
34

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
106 W VINE STREET SUITE 600, LEXINGTON, KY 40507
Preparer
Allison C Carter
Phone
8592552341
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 5 & Part V, Line 2A

“The organization's payroll reporting is handled by adp totalsource through a co-employment arrangement. The organization prepares payroll and adp is responsible for depositing taxes and preparing payroll tax forms. The organization has 6 employees reported on adp totalsource's payroll reports.”

Raw XML AppendixShowing 400 of 609 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27265165
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt04877
IRS990/FundraisingGrossIncomeAmt014730
IRS990/GainOrLossGrp/SecuritiesAmt0-5787
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01050
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt095337
IRS990/GrossReceiptsAmt01061572
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt027
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt09854
IRS990/InsuranceGrp/TotalAmt07518
IRS990/InvestmentIncomeGrp/ExclusionAmt052559
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt052559
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02150536
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02174104
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt068001
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031606
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022630
IRS990/LandBldgEquipCostOrOtherBssAmt090631
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0101124
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ADVERTISE, PROMOTE, AND FOSTER THE THOROUGHBRED INDUSTRY
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02854346
IRS990/NetAssetsOrFundBalancesEOYAmt02751193
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-5787
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-5787
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt09853
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt09853
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt025877
IRS990/OfficeExpensesGrp/TotalAmt021000
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt038121
IRS990/OtherExpensesGrp/Desc0AWARDS DINNER EXPENSES
IRS990/OtherExpensesGrp/Desc1INFORMATION SERVICES
IRS990/OtherExpensesGrp/Desc2MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP EXPENSE
IRS990/OtherExpensesGrp/TotalAmt064822
IRS990/OtherExpensesGrp/TotalAmt117564
IRS990/OtherExpensesGrp/TotalAmt217113
IRS990/OtherExpensesGrp/TotalAmt314903
IRS990/OtherRevenueMiscGrp/BusinessCd0711300
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03873
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03873
IRS990/OtherRevenueTotalAmt03873
IRS990/OtherSalariesAndWagesGrp/TotalAmt0306796
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt040469
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt010661
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010978
IRS990/PrincipalOfficerNm0DANIEL J METZGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
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IRS990/ProgramServiceRevenueGrp/BusinessCd3541800
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1SEMINARS
IRS990/ProgramServiceRevenueGrp/Desc2AWARDS BANQUET
IRS990/ProgramServiceRevenueGrp/Desc3MEMBERSHIP DIRECTORY
IRS990/ProgramServiceRevenueGrp/Desc4JOINT MARKETING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0425325
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1322046
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt282382
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt321000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0425325
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1322046
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt282382
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt321751
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt421000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt021751
IRS990/ProgSrvcAccomActy2Grp/Desc0SEMINARS AND CLINICS ARE PROVIDED THAT FOCUS ON RACING AND BREEDING ASPECTS OF THOROUGHBRED OWNERSHIP.
IRS990/ProgSrvcAccomActy3Grp/Desc0AWARDS DINNER IS CONDUCTED EVERY YEAR TO RECOGNIZE THE TOP OWNER AND BREEDER OF EACH STATE AND THE TOP OWNER AND BREEDER IN THE COUNTRY.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0221150
IRS990/PYGrantsAndSimilarPaidAmt03134
IRS990/PYInvestmentIncomeAmt02263058
IRS990/PYOtherExpensesAmt0404231
IRS990/PYOtherRevenueAmt03978
IRS990/PYProgramServiceRevenueAmt0860730
IRS990/PYRevenuesLessExpensesAmt02279464
IRS990/PYSalariesCompEmpBnftPaidAmt0662087
IRS990/PYTotalExpensesAmt01069452
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03348916
IRS990/ReconcilationRevenueExpnssAmt0-103153
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,775,800
Liabilities
$24,607
Net assets
$2,751,193
Revenue
$955,571
Expenses
$1,058,724
Net income
-$103,153
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.19$0.09$4.10$1.01$1.09$0.08
2023Summary only. Only limited summary data is available for this year.$3.88$0.02$3.86$1.11$0.91$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.03$3.34$0.99$0.92$0.08
2021Summary only. Only limited summary data is available for this year.$3.84$0.01$3.83$1.42$1.17$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.12$0.01$3.11$0.76$0.74$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.02$0.08$2.94$0.95$1.00$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.78$0.02$2.75$0.96$1.06$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.01$2.85$3.35$1.07$2.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.03$0.57$1.10$1.02$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.02$0.49$1.07$0.96$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.05$0.38$1.05$0.90$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.05$0.23$0.92$0.86$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.02$0.18$0.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.04$0.15$0.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.04$0.20$1.27