Mareworthy Charities Inc

“Mareworthy Charities did not pay any grants or similar disbursements to individuals or other organizations during the 2024 tax year. All organizational resources were used to directly provide charitable programming and support services internally.”

“Line 16 includes all additional program and administrative expenses not reported on prior lines, totaling $100,755. These expenses are detailed as follows: Animal care (feed, hay, farrier, veterinary, supplements, bedding, grooming): $88,950 Marketing and advertising: $1,690 Insurance: $949 Software, subscriptions, and digital tools: $793 Legal and compliance fees: $15 Training and continuing education: $25 Meals and entertainment (outreach-related): $300 Refunds: -$250 Vehicle-related expenses: $82 These costs reflect the organizations mission-focused operations to rescue, rehabilitate, and provide lifelong sanctuary to at-risk Thoroughbred broodmares.”

“There were no other changes in net assets or fund balances during the 2024 tax year beyond operating revenue and expenses. The organization did not experience any extraordinary gains or losses, reclassifications, or transfers that would require additional disclosure on this line.”

“Line 8 includes miscellaneous revenue not categorized elsewhere, totaling $343. This amount represents uncategorized income received via online giving platforms and one-time contributions that did not specify a source or designation. These funds were unrestricted and used to support general operations.”

“Mareworthy Charities did not hold any other non-cash or non-building assets during the reporting year. All assets were held in the form of cash in a checking account.”

“The organization had no outstanding liabilities at the beginning or end of the year. All expenses were paid in full as incurred, and the organization operates on a cash basis.”