Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 62-1207410 • 501(c)6 • Smyrna, DE
Profile
To serve as an international breeder's incentive program dedicated to the promotion of arabian racing by expanding public awareness, creating prestigious races to highlight the industry's best racehorses, and enhancing the value of those horses by making award payments to nominators racing sires and runners.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Down$158,707
Down $25,825 (-14%) from 2024
Liabilities
Up$50
Up $50 from 2024
Net Assets
Down$158,657
Down $25,875 (-14%) from 2024
Revenue
Up-$1,683
Up $4,679 (+74%) from 2024
Expenses
Up$24,192
Up $1,804 (+8.1%) from 2024
Net Income
Up-$25,875
Up $2,875 (+10%) from 2024
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
To serve as an international breeder's incentive program dedicated to the promotion of arabian racing by expanding public awareness, creating prestigious races to highlight the industry's best racehorses, and enhancing the value of those horses by making award payments to nominators racing sires and runners.
| Description | Grants | Expenses |
|---|---|---|
| PROMOTION OF THE ARABIAN BREED THROUGH PRESTIGIOUS RACES AND AWARDS FOR NOMINATORS OF RACING SIRES AND RUNNERS. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JON HENNINGSGARD | Chief Steward | - | $0 | - | - |
| MICHELLE MORGAN | Director | - | $0 | - | - |
| DENISE GAULT | Director | - | $0 | - | - |
| GARRET FORD | Director | - | $0 | - | - |
| DIANE WALDRON | Director | - | $0 | - | - |
| DEBRA MIHALOFF | Director | - | $0 | - | - |
| SAM VASQUEZ | Director | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Arc Awards Banquet | $26,510 | $26,510 | $5,395 | $21,115 |
| Total Events | $26,510 | $26,510 | $28,630 | $-2,120 |
“Description: interest income. Amount: 437.”
“Description: bank service charges. Amount: 189. Description: insurance. Amount: 1,611. Description: office supplies. Amount: 1,348. Description: website services. Amount: 9,444. Description: licenses and permits. Amount: 1,495. Total to form 990-ez, line 16: 14,087.”
“Description: accounts receivable. Beg. Of year amount: 1,150. End of year amount: 0.”
“Description: other liabilities. Beg. Of year amount: 0. End of year amount: 50.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ARABIAN RACING CUP INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3026536681 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4 VILLAGE SQUARE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SMYRNA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | DE |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 19977 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 183382 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 158707 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -25875 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 10105 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 184532 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 158707 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 26510 |
| IRS990EZ/GrossReceiptsAmt | 0 | 26947 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 184532 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 158657 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 184532 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 158657 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JON HENNINGSGARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MICHELLE MORGAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DENISE GAULT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | GARRET FORD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DIANE WALDRON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | DEBRA MIHALOFF |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | SAM VASQUEZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHIEF STEWARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1150 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 14087 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 437 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SERVE AS AN INTERNATIONAL BREEDER'S INCENTIVE PROGRAM DEDICATED TO THE PROMOTION OF ARABIAN RACING BY EXPANDING PUBLIC AWARENESS, CREATING PRESTIGIOUS RACES TO HIGHLIGHT THE INDUSTRY'S BEST RACEHORSES, AND ENHANCING THE VALUE OF THOSE HORSES BY MAKING AWARD PAYMENTS TO NOMINATORS RACING SIRES AND RUNNERS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTION OF THE ARABIAN BREED THROUGH PRESTIGIOUS RACES AND AWARDS FOR NOMINATORS OF RACING SIRES AND RUNNERS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 28630 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -2120 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 50 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 24192 |
| IRS990EZ/TotalRevenueAmt | 0 | -1683 |
| IRS990EZ/TypeOfOrganizationTrustInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | ARABIANRACING.ORG |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt | 0 | 15500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt | 0 | 15500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 28630 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | ARC AWARDS BANQUET |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 26510 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 26510 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 26510 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 26510 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -2120 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt | 0 | 7735 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt | 0 | 7735 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 5395 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 5395 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 437. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 189. DESCRIPTION: INSURANCE. AMOUNT: 1,611. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 1,348. DESCRIPTION: WEBSITE SERVICES. AMOUNT: 9,444. DESCRIPTION: LICENSES AND PERMITS. AMOUNT: 1,495. TOTAL TO FORM 990-EZ, LINE 16: 14,087. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 1,150. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 50. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JON HENNINGSGARD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHIEF STEWARD |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3026536681 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ARABIAN RACING CUP INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ARAB |
| ReturnHeader/Filer/EIN | 0 | 621207410 |
| ReturnHeader/Filer/PhoneNum | 0 | 3026536681 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4 VILLAGE SQUARE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SMYRNA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | DE |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 19977 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 882730877 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CHERRY BEKAERT ADVISORY LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2200 CONCORD PIKE 3RD FLOOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WILMINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | DE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 198032978 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3027983300 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHADWICK J MILTON |
| ReturnHeader/ReturnTs | 0 | 2026-03-09T16:22:28-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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