Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 61-1275397 • 501(c)3 • Versailles, KY
Profile
To provide scholarships and guidance to children of horse farm workers for education after high school
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
35th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
62nd percentile
Faster asset growth than 62% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Assets
Up$685,138
Up $54,019 (+8.6%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$685,138
Up $54,019 (+8.6%) from 2023
Revenue
Down$83,949
Down $5,225 (-5.9%) from 2023
Expenses
Up$64,264
Up $27 (+0.0%) from 2023
Net Income
Down$19,685
Down $5,252 (-21%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To aid in students' matriculation from institutions of higher education
To provide scholarships and guidance to children of horse farm workers for education after high school
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $631,119 | $685,138 | ▲ $54,019 |
| Savings and Temporary Cash Investments | $534,802 | $585,121 | ▲ $50,319 |
| Cash and Non-Interest-Bearing Accounts | $78,877 | $100,017 | ▲ $21,140 |
| Investments in Publicly Traded Securities | $17,440 | $0 | ▼ $17,440 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $631,119 | $685,138 | ▲ $54,019 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $631,119 | $685,138 | ▲ $54,019 |
| Total Liabilities and Net Assets / Fund Balance | $631,119 | $685,138 | ▲ $54,019 |
| Name | Title |
|---|---|
| Tom Evans | President |
| Dan Pride | Vice-president |
| Chet Blackey Dvm | Director |
| Rob Whiteley | Director |
| Stuart Pollard | Director |
| Judge B Wilson Ii | Secretary |
| Mary Ryan | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $32,544 |
| Other Expenses | $31,720 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $32,544 | - | - | $32,544 |
| Fees for Services Other | $20,000 | $5,000 | - | $25,000 |
| Fees for Services Accounting | - | $3,311 | - | $3,311 |
| Information Technology | $1,769 | - | - | $1,769 |
| Insurance | $1,255 | - | - | $1,255 |
| Office Expenses | $157 | - | - | $157 |
| Other Expenses | $200 | $28 | - | $28 |
| Total Functional Expenses | $55,925 | $8,339 | $0 | $64,264 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Form 990 is distributed to each member via email for review prior to filing.”
“The organization makes its governing documents and financial statements available to the public upon request and at the discretion of the board of directors.”
“Administrative fees: program service expenses 20,000. Management and general expenses 5,000. Fundraising expenses 0. Total expenses 25,000.”
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 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE SCHOLARSHIPS AND GUIDANCE TO CHILDREN OF HORSE FARM WORKERS FOR EDUCATION AFTER HIGH SCHOOL |
| IRS990/AllOtherContributionsAmt | 0 | 85390 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8592775591 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 66 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | VERSAILLES |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 40383 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 78877 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 100017 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 85390 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 32544 |
| IRS990/CYInvestmentIncomeAmt | 0 | -1441 |
| IRS990/CYOtherExpensesAmt | 0 | 31720 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 19685 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 64264 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 83949 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | TO PROVIDE SCHOLARSHIPS AND GUIDANCE TO CHILDREN OF HORSE FARM WORKERS FOR EDUCATION AFTER HIGH SCHOOL. OVER 775 ANNUAL SCHOLARSHIPS HAVE BEEN AWARDED SINCE THE ORGANIZATION WAS ESTABLISHED. A SIGNIFICANT NUMBER OF RECIPIENTS ARE FIRST GENERATION STUDENTS. SCHOLARSHIPS AVERAGE MORE THAN $2,000 AND TOTAL NEARLY $1,700,000 THROUGH 2024. A PART-TIME COORDINATOR PROVIDES COMMUNICATION AND PERSONAL SUPPORT TO RECIPIENTS THROUGHOUT THE SCHOOL YEAR. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 55925 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3311 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3311 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 5000 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 20000 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 25000 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| 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/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/PersonNm | 0 | TOM EVANS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAN PRIDE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JUDGE B WILSON II |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MARY RYAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CHET BLACKEY DVM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | STUART POLLARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ROB WHITELEY |
| 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/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/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1994 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -30142 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantAmt | 0 | 32544 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 32544 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 32544 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 21851 |
| IRS990/GrossReceiptsAmt | 0 | 135942 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 1769 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 1769 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 1255 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1255 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 28701 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 28701 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 17440 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | KY |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 51993 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE SCHOLARSHIPS AND GUIDANCE TO CHILDREN OF HORSE FARM WORKERS FOR EDUCATION AFTER HIGH SCHOOL |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 631119 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 685138 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -30142 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -30142 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 34334 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 157 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 157 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK FEES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 28 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 200 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 200 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 28 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | TOM EVANS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 66723 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 33018 |
| IRS990/PYInvestmentIncomeAmt | 0 | 22451 |
| IRS990/PYOtherExpensesAmt | 0 | 31219 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 24937 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 64237 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 89174 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 19685 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 631119 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 685138 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 534802 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 585121 |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | SECTION 1.170A-9(F)(3) PROVIDES THAT THE DETERMINATION OF WHETHER AN ORGANIZATION IS "PUBLICLY SUPPORTED" UNDER THE FACTS AND CIRCUMSTANCES TEST REQUIRES MEETING TWO TESTS:TEN PERCENT SUPPORT LIMITATION. THE ORGANIZATION MUST RECEIVE AT LEAST 10 PERCENT OF ITS TOTAL SUPPORT FROM GOVERNMENTAL AND PUBLIC SUPPORT. ATTRACTION OF PUBLIC SUPPORT. THE ORGANIZATION MUST BE ORGANIZED AND OPERATED TO ATTRACT NEW AND ADDITIONAL PUBLIC OR GOVERNMENTAL SUPPORT ON A CONTINUOUS BASIS, GIVING CONSIDERATION TO WHETHER THE SCOPE OF ITS FUNDRAISING ACTIVITIES IS REASONABLE IN LIGHT OF ITS CHARITABLE ACTIVITIES.ADDITIONAL CONSIDERATIONS. THE REGULATION PROVIDES ADDITIONAL FACTORS TO BE CONSIDERED IN DETERMINING WHETHER AN ORGANIZATION IS PUBLICLY SUPPORTED. THESE INCLUDE:THE PERCENTAGE OF FINANCIAL SUPPORT. FOR THE FIRST TIME, THE ORGANIZATION DIPPED VERY SLIGHTLY BELOW THE 33 1/3% THRESHOLD FOR PUBLIC SUPPORT TO 32.55%. THIS DROP WAS CAUSED BY SEVERAL LARGE RECENT DONATIONS FROM A SMALL PERCENTAGE OF DONORS WHO SUPPORT THE ORGANIZATION'S MISSION. ALTHOUGH THE DONORS SUPPORT THE MISSION, THE BOARD OF DIRECTORS REMAIN IN COMPLETE CONTROL OF THE ORGANIZATION'S GOVERNANCE AND DECISION MAKING. THE ORGANIZATION IS ACTIVELY WORKING TO INCREASE THE AMOUNT OF REVENUE FROM SMALLER DONORS. SOURCES OF SUPPORT. THE ORGANIZATION REGULARLY RECEIVES PUBLIC DONATIONS BY SOLICITING PUBLIC SUPPORT ON A CONTINUING BASIS THROUGH INDUSTRY PUBLICATIONS (E.G., THE THOROUGHBRED DAILY NEWS AND THE PAULICK REPORT), ITS WEBISTE (WWW.HORSEFARMWORKERSEDUCATIONFUND.COM), DIRECT REQUESTS TO HORSE INDUSTRY PARTICIPANTS, AND PREVIOUS PUBLIC DONORS. REPRESENTATIVE GOVERNING BODY. THE ORGANIZATION HAS A BOARD THAT IS BROADLY REPRESENTATIVE OF THE INDUSTRY AND THAT HAS AN INTEREST IN ADVANCING THE MISSION OF AND ITS PUBLIC-PRIVATE PARTNERSHIP PROJECTS.AVAILABILITY OF PUBLIC FACILITIES OR SERVICES. SEE ORGANIZATION'S MISSION AND IMPACT TO DATE, AS WELL AS ANNUAL SCHOLARSHIPS GRANTED. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 85390 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 66723 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 81680 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 113258 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 59286 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 406337 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 28701 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 22451 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 6846 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 120 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1167 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 59285 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.32550 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.35270 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 151583 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 254754 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 85390 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 66723 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 81680 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 113258 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 59286 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 406337 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 465622 |
| 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 | 1 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 32544 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 13 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS SHOWING AN INTEREST IN THE FIELD OF HORSE FARMING. ALL APPLICANTS ARE REQUIRED TO FILL OUT AN APPLICATION, WITH A COMPLETE HIGH SCHOOL/COLLEGE TRANSCRIPT, ADMISSION LETTER FROM A COLLEGE OR VOCATIONAL/TECHNICAL SCHOOL AND 3 LETTERS OF RECOMMENDATION IF THEY ARE A NEW APPLICANT. APPLICANTS ARE ALSO REQUIRED TO FILL OUT FAFSA APPLICATIONS, DEMONSTRATING THE NEED FOR FINANCIAL AID. THE ORGANIZATION ALSO CONDUCTS PERSONAL INTERVIEWS WITH EACH APPLICANT. THE ORGANIZATION ALSO REQUIRES THAT THE APPLICANT, OR A PARENT, HAS WORKED AS A FULL-TIME HORSE FARM WORKER ON A CENTRAL KENTUCKY THOROUGHBRED HORSE FARM FOR THE PAST THREE YEARS AND BE CURRENTLY WORKING IN THAT CAPACITY. IN ADDITION TO THE ITEMS NOTED ABOVE, THE ORGANIZATION REQUIRES THAT THE APPLICANT ATTACH A BRIEF ESSAY ABOUT THEMSELVES, INCLUDING ANY EXPERIENCE THEY HAVE GAINED AND FUTURE PLANS IN THE HORSE INDUSTRY. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990 IS DISTRIBUTED TO EACH MEMBER VIA EMAIL FOR REVIEW PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND AT THE DISCRETION OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 20,000. MANAGEMENT AND GENERAL EXPENSES 5,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART IX, LINE 11G |
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| IRS990/SignificantChangeInd | 0 | 0 |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 685138 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 685138 |
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| IRS990/TypeOfOrganizationCorpInd | 0 | X |
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| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 66 |
| IRS990/USAddress/CityNm | 0 | VERSAILLES |
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| IRS990/WebsiteAddressTxt | 0 | WWW.HORSEFARMWORKERSEDUCATIONFUND.COM |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TOM EVANS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8592775591 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HORSE FARM WORKERS' EDUCATIONAL |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ASSISTANCE FUND INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HORS |
| ReturnHeader/Filer/EIN | 0 | 611275397 |
| ReturnHeader/Filer/PhoneNum | 0 | 8592775591 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 66 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | VERSAILLES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40383 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273858252 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DEAN DORTON ALLEN FORD PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 250 W MAIN STREET STE 1400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LEXINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 40507 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8592552341 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALLISON C CARTER |
| ReturnHeader/ReturnTs | 0 | 2025-10-17T12:52:22-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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