Civic Intelligence

Washington Thoroughbred Breeders

990 • Fiscal year 2019 • EIN 91-0496694

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 02, 2019

3220 Ron Crockett Dr NWAuburn, WA 98001

(253) 288-7878

Siviq Scores

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

Liabilities / Assets

98th percentile

0.68x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

0.80x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Net Margin

8th percentile

-25%

Higher net margin than 8% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$59,677

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Asset Growth

13th percentile

-15%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

29th percentile

-5.9%

Faster revenue growth than 29% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$386,123

Down $70,823 (-15%) from 2018

Net Assets

Down

$121,979

Down $83,420 (-41%) from 2018

Liabilities

Up

$264,144

Up $12,597 (+5.0%) from 2018

Revenue

Down

$331,758

Down $20,906 (-5.9%) from 2018

Expenses

Up

$415,178

Up $19,060 (+4.8%) from 2018

Net Income

Down

-$83,420

Down $39,966 (-92%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $387,358Liabilities 2011: $232,810Net Assets 2011: $154,5482011Assets 2012: $488,349Liabilities 2012: $266,267Net Assets 2012: $222,0822012Assets 2013: $487,446Liabilities 2013: $261,485Net Assets 2013: $225,9612013Assets 2014: $484,825Liabilities 2014: $242,881Net Assets 2014: $241,9442014Assets 2015: $506,731Liabilities 2015: $224,455Net Assets 2015: $282,2762015Assets 2016: $487,245Liabilities 2016: $230,997Net Assets 2016: $256,2482016Assets 2017: $519,710Liabilities 2017: $270,857Net Assets 2017: $248,8532017Assets 2018: $456,946Liabilities 2018: $251,547Net Assets 2018: $205,3992018Assets 2019: $386,123Liabilities 2019: $264,144Net Assets 2019: $121,9792019Assets 2020: $371,895Liabilities 2020: $235,810Net Assets 2020: $136,0852020Assets 2021: $393,901Liabilities 2021: $271,770Net Assets 2021: $122,1312021Assets 2022: $354,218Liabilities 2022: $205,039Net Assets 2022: $149,1792022Assets 2023: $314,095Liabilities 2023: $198,897Net Assets 2023: $115,1982023Assets 2024: $146,809Liabilities 2024: $19,728Net Assets 2024: $127,0812024Assets 2025: $124,893Liabilities 2025: $67,791Net Assets 2025: $57,1022025

Highlighted filing

2019

Assets$386,123
Liabilities$264,144
Net Assets$121,979

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $393,576Expenses 2011: $333,641Net Income 2011: $59,9352011Revenue 2012: $395,493Expenses 2012: $337,702Net Income 2012: $57,7912012Expenses 2013: $350,2402013Revenue 2014: $372,646Expenses 2014: $346,423Net Income 2014: $26,2232014Revenue 2015: $367,171Expenses 2015: $338,261Net Income 2015: $28,9102015Revenue 2016: $356,816Expenses 2016: $382,844Net Income 2016: -$26,0282016Revenue 2017: $377,383Expenses 2017: $390,815Net Income 2017: -$13,4322017Revenue 2018: $352,664Expenses 2018: $396,118Net Income 2018: -$43,4542018Revenue 2019: $331,758Expenses 2019: $415,178Net Income 2019: -$83,4202019Revenue 2020: $387,105Expenses 2020: $372,999Net Income 2020: $14,1062020Revenue 2021: $300,000Expenses 2021: $313,954Net Income 2021: -$13,9542021Revenue 2022: $280,812Expenses 2022: $349,816Net Income 2022: -$69,0042022Revenue 2023: $332,196Expenses 2023: $375,845Net Income 2023: -$43,6492023Revenue 2024: $299,649Expenses 2024: $318,100Net Income 2024: -$18,4512024Revenue 2025: $293,739Expenses 2025: $324,728Net Income 2025: -$30,9892025

Highlighted filing

2019

Revenue$331,758
Expenses$415,178
Net Income-$83,420
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 2, 2019
Return Version
2018v3.1
Gross Receipts
$352,730
Mission and Program Overview

Mission

To facilitate the improvement of practices in the breeding of thoroughbred horses for racing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$157,070$126,204▼ $30,866
Rtn Earn Endowment Incm Other Fnds$205,399$121,979▼ $83,420
Cash and Non-Interest-Bearing Accounts$53,081$10,999▼ $42,082
Pledges and Grants Receivable$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$456,946$386,123▼ $70,823
Other Assets Total$246,795$248,920▲ $2,125
Liabilities
Other Liabilities$232,874$243,643▲ $10,769
Deferred Revenue$15,000$15,000→ $0
Accounts Payable and Accrued Expenses$3,673$5,501▲ $1,828
Grants Payable$0$0→ $0
Total Liabilities$251,547$264,144▲ $12,597
Net Assets / Fund Balance
Total Net Assets Fund Balance$205,399$121,979▼ $83,420
Total Liabilities and Net Assets / Fund Balance$456,946$386,123▼ $70,823

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$89,650$89,650
Buildings$0--
Land$0--
Equipment$0$168,095-
Leasehold Improvements$0--
Other Assets Org$248,920--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018----$0
2017----$0
2016----$0
2015----$0
2014----$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anne SweetGeneral ManagerFT$59,677$59,677

Board Members and Trustees

NameTitle
Greg LuceChairman Finance Committee
Jim Engstrom1st Fice President
Dana HalvotdonPresident
Mary Lou Griffin2nd Vice President
Jennifer WebberSecretary
Debra PabstTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,646
Program Service Revenue
$253,154
Investment Income
$74
Other Revenue
$19,884
All Other Contributions
$0
Change in Net Assets
$-83,420

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$202,799
Salaries, Compensation, and Employee Benefits$178,979
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$146,700--$146,700
Benefits to Members$33,400--$33,400
Occupancy$25,103--$25,103
Payroll Taxes$16,427--$16,427
Other Employee Benefits$15,852--$15,852
Other Expenses$10,634$0-$10,634
All Other Expenses$8,739$0$0$8,739
Fees for Services Other$8,068--$8,068
Advertising$7,776$0-$7,776
Insurance$5,265--$5,265
Office Expenses$3,237$140-$3,377
Fees for Services Accounting$2,829--$2,829
Interest$48--$48
Travel$33--$33
Total Functional Expenses$415,038$140$0$415,178

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,656
Fundraising Direct Expenses$20,972
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$31,656$31,656$1,209$30,447
Event 2-$0-$0
Total Events$31,656$31,656$20,972$10,684
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Nw Race Series Net$243,643
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Management duties delegated
No

Governance Explanations

PART VI, SECTION A, LINE 8A

Board meetings are documented in writing.

PART VI, SECTION A, LINE 8B

Committee meetings are documented in writing.

Part VI, Section B, Line 11

Form 990 provided to board before submission.

PART VI, SECTION B, LINE 12C

Conflict of interest is an annual agenda topic.

PART VI, SECTION B, LINE 15B

Staff compensation is an annual topic during budget discussion.

Part VI, Section C, Line 19

Governing documents are available through board members or general manager.

PART VI, SECTION B, LINE 15A

Compensation for general manager is reviewed annually as part of the budget process.

Filing and Contact Details

Filer

Filer Name
Washington Thoroughbred Breeders
EIN
91-0496694
Phone
2532887878
Address
3220 RON CROCKETT DR NW, AUBURN, WA 98001

Signing Officer

Name
Dana Halvorson
Title
President
Phone
2532887878
Signed
2019-10-02
Discuss with paid preparer
No

Organization Details

Principal Officer
Dana Halvorson
Formed
1941
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
12
Employees
39

Preparer

Firm
Michael Kander CPA
Address
7406 27TH ST WEST STE 14, UNIVERSITY PLACE, WA 98466
Preparer
Michael J Kander
Phone
2537610161
Supplemental Narrative

Additional Explanations

PART IX, LINE 11G

Part IX line 12 includes website and postage meter lease. Part III lines 4a and 4b do not include personnel costs.

Financial Statement Notes

Part XIII

Part III, line 4 - The works of art related to horseracing and breeding aredisplayed on our premise in public areas. No income is derived from these displays. The works of art are to use for display only.

Raw XML AppendixShowing 400 of 575 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/AccountsPayableAccrExpnssGrp/BOYAmt03673
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05501
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO FACILITATE THE IMPROVEMENT OF PRACTICES IN THE BREEDING OF THOROUGHBRED HORSES FOR RACING.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt07776
IRS990/AdvertisingGrp/TotalAmt07776
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt00
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08739
IRS990/AllOtherExpensesGrp/TotalAmt08739
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt033400
IRS990/BenefitsToMembersGrp/TotalAmt033400
IRS990/BooksInCareOfDetail/PersonNm0ANNE SWEET
IRS990/BooksInCareOfDetail/PhoneNum02532887878
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03220 RON CROCKETT DRIVE NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUBURN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098001
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt053081
IRS990/CashNonInterestBearingGrp/EOYAmt010999
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0true
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0146700
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0146700
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt00
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt033400
IRS990/CYContributionsGrantsAmt058646
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt074
IRS990/CYOtherExpensesAmt0202799
IRS990/CYOtherRevenueAmt019884
IRS990/CYProgramServiceRevenueAmt0253154
IRS990/CYRevenuesLessExpensesAmt0-83420
IRS990/CYSalariesCompEmpBnftPaidAmt0178979
IRS990/CYTotalExpensesAmt0415178
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0331758
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt015000
IRS990/DeferredRevenueGrp/EOYAmt015000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0To provide a venue for member breeders to sell their products in a free market environment.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt039
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt092539
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02829
IRS990/FeesForServicesAccountingGrp/TotalAmt02829
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08068
IRS990/FeesForServicesOtherGrp/TotalAmt08068
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form720FiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8886TFiledInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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/PersonNm0DANA HALVOTDON
IRS990/Form990PartVIISectionAGrp/PersonNm1JIM ENGSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY LOU GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm3JENNIFER WEBBER
IRS990/Form990PartVIISectionAGrp/PersonNm4DEBRA PABST
IRS990/Form990PartVIISectionAGrp/PersonNm5GREG LUCE
IRS990/Form990PartVIISectionAGrp/PersonNm6ANNE SWEET
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt659677
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST FICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN FINANCE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6GENERAL MANAGER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt00
IRS990/FundraisingDirectExpensesAmt020972
IRS990/FundraisingGrossIncomeAmt031656
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossReceiptsAmt0352730
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt09200
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt05265
IRS990/InsuranceGrp/TotalAmt05265
IRS990/InterestGrp/ProgramServicesAmt048
IRS990/InterestGrp/TotalAmt048
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt074
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt074
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0257745
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0257745
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt058646
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MissionDesc0TO FACILITATE THE IMPROVEMENT OF PRACTICES IN THE BREEDING OF THOROUGHBRED HORSES FOR RACING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0205399
IRS990/NetAssetsOrFundBalancesEOYAmt0121979
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt010684
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt09200
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ProgramServicesAmt025103
IRS990/OccupancyGrp/TotalAmt025103
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0140
IRS990/OfficeExpensesGrp/ProgramServicesAmt03237
IRS990/OfficeExpensesGrp/TotalAmt03377
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0246795
IRS990/OtherAssetsTotalGrp/EOYAmt0248920
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015852
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015852
IRS990/OtherExpensesGrp/Desc0AUCTION
IRS990/OtherExpensesGrp/Desc1MAGAZINE ESPENSES
IRS990/OtherExpensesGrp/Desc2BUSINESS TAXES
IRS990/OtherExpensesGrp/Desc3POSTAGE AND PRINTING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt092539
IRS990/OtherExpensesGrp/ProgramServicesAmt129419
IRS990/OtherExpensesGrp/ProgramServicesAmt28969
IRS990/OtherExpensesGrp/ProgramServicesAmt310634
IRS990/OtherExpensesGrp/TotalAmt092539
IRS990/OtherExpensesGrp/TotalAmt129419
IRS990/OtherExpensesGrp/TotalAmt28969
IRS990/OtherExpensesGrp/TotalAmt310634
IRS990/OtherLiabilitiesGrp/BOYAmt0232874
IRS990/OtherLiabilitiesGrp/EOYAmt0243643
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt016427
IRS990/PayrollTaxesGrp/TotalAmt016427
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DANA HALVORSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/Desc2HORSE SALES
IRS990/ProgramServiceRevenueGrp/Desc3MAGAZINE SALES
IRS990/ProgramServiceRevenueGrp/Desc4STALLION SEASON AUCTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt057593
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110337
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2148573
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3795
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt432483
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt057593
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110337
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2148573
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3795
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt432483
IRS990/ProgSrvcAccomActy2Grp/Desc0To provide information and education to those involved in improveing the breed of thoroughbred race horses.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt035079
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt057593
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt082310
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0188
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0213690
IRS990/PYOtherRevenueAmt030082
IRS990/PYProgramServiceRevenueAmt0240084
IRS990/PYRevenuesLessExpensesAmt0-43454
IRS990/PYSalariesCompEmpBnftPaidAmt0182428
IRS990/PYTotalExpensesAmt0396118
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0352664
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-83420
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt09200
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0148573
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0205399
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0121979
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0157070
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0126204
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0168095
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0168095
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0248920
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NW RACE SERIES RESTRICTED
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt089650
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt089650
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0243643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NW RACE SERIES NET
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt00
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Part III, line 4 - The works of art related to horseracing and breeding aredisplayed on our premise in public areas. No income is derived from these displays. The works of art are to use for display only.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XIII
IRS990ScheduleD/TermEndowmentBalanceEOYPct00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0248920
IRS990ScheduleD/TotalBookValueProgramRltdAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt0243643
IRS990ScheduleD/TotalRevenuePerForm990Amt00
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020972
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt010761
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010761
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031656
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031656
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031656
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031656
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010684
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt09002
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt09002
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01209
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01209
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt00
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt00
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt00
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt00
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt00
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.25$0.68$0.57$2.94$3.25$0.31
2024Summary only. Only limited summary data is available for this year.$1.47$0.20$1.27$3.00$3.18$0.18
2023Summary only. Only limited summary data is available for this year.$3.14$1.99$1.15$3.32$3.76$0.44
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.54$2.05$1.49$2.81$3.50$0.69
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.94$2.72$1.22$3.00$3.14$0.14
2020Summary only. Only limited summary data is available for this year.$3.72$2.36$1.36$3.87$3.73$0.14
2019Detailed filing. Detailed filing data is available for this year.$3.86$2.64$1.22$3.32$4.15$0.83
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$2.52$2.05$3.53$3.96$0.43
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.20$2.71$2.49$3.77$3.91$0.13
2016Detailed filing. Detailed filing data is available for this year.$4.87$2.31$2.56$3.57$3.83$0.26
2015Detailed filing. Detailed filing data is available for this year.$5.07$2.24$2.82$3.67$3.38$0.29
2014Summary only. Only limited summary data is available for this year.$4.85$2.43$2.42$3.73$3.46$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.87$2.61$2.26$3.50
2012Summary only. Only limited summary data is available for this year.$4.88$2.66$2.22$3.95$3.38$0.58
2011Summary only. Only limited summary data is available for this year.$3.87$2.33$1.55$3.94$3.34$0.60