Form 990 for tax year 2025
Filed by THOROUGHBRED CHARITIES OF AMERICA INC.
Totals
- Total revenue
- $1,337,047
- Total expenses
- $1,521,230
- Contributions and grants received
- $1,305,340
- Grants paid
- $1,191,398
- Program service revenue
- $0
- Investment income
- $23,796
- Other revenue
- $7,911
- Total assets, end of year
- $1,302,626
- Total liabilities, end of year
- $172,178
- Net assets or fund balances, end of year
- $1,130,448
- Program services expenses (Part IX)
- $1,488,247
- Management and general expenses
- $23,088
- Fundraising expenses
- $9,895
- Program service expenses (Part III)
- $1,488,247
Program services were 97.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$654,163
-
1f · All other contributions, gifts and grants
$651,177
-
1g · Noncash contributions included above
$654,163
-
3 · Investment income
total $23,796 · related or exempt $23,796
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$1,800,832
-
8a · Fundraising events: contributions included on line 1c
$654,163
-
8b · Fundraising events: direct expenses
$1,792,921
-
8c · Net income from fundraising events
total $7,911
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,191,398 · program services $1,191,398
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $115,420 · program services $103,878 · management and general $8,079 · fundraising $3,463
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $56,733 · program services $51,059 · management and general $3,972 · fundraising $1,702
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $27,087 · program services $24,378 · management and general $1,896 · fundraising $813
-
10 · Payroll taxes
total $13,824 · program services $12,441 · management and general $968 · fundraising $415
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $9,840 · program services $8,856 · management and general $689 · fundraising $295
-
11c · Fees: accounting
total $15,275 · program services $13,748 · management and general $1,069 · fundraising $458
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $10,759 · program services $9,683 · management and general $753 · fundraising $323
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $3,669 · program services $3,302 · management and general $257 · fundraising $110
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $5,230 · program services $4,707 · management and general $366 · fundraising $157
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $510 · program services $459 · management and general $36 · fundraising $15
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $13,511 · program services $12,160 · management and general $946 · fundraising $405
-
23 · Insurance
total $1,991 · program services $1,792 · management and general $139 · fundraising $60
-
24a · Other expenses: CONTRACT SERVICES
total $35,577 · program services $32,020 · management and general $2,490 · fundraising $1,067
-
24b · Other expenses: Printing and Publications
total $7,852 · program services $7,066 · management and general $550 · fundraising $236
-
24c · Other expenses: MISCELLANEOUS EXPENSES
total $6,387 · program services $5,750 · management and general $446 · fundraising $191
-
24d · Other expenses: Postage and Shipping
total $4,380 · program services $3,942 · management and general $307 · fundraising $131
-
24e · All other expenses
total $1,787 · program services $1,608 · management and general $125 · fundraising $54
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,302 · end of year $34,909
-
2 · Savings and temporary cash investments
beginning of year $956,926 · end of year $777,744
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $37,880 · end of year $47,123
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $3,038 · end of year $4,382
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $328,677 · end of year $374,111
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $13,027 · end of year $64,357
-
17 · Accounts payable and accrued expenses
beginning of year $12,098 · end of year $41,926
-
19 · Deferred revenue
beginning of year $3,500 · end of year $66,000
-
25 · Other liabilities
beginning of year $15,025 · end of year $64,252
-
27 · Net assets without donor restrictions
beginning of year $836,924 · end of year $608,009
-
28 · Net assets with donor restrictions
beginning of year $483,303 · end of year $522,439
Mission and programs · 2025
Mission
TCA's mission is to fund and facilitate the support of Thoroughbreds and the people who care for them.
-
TCA's mission is to fund and facilitate the support of Thoroughbreds and the people who care for them.
Expenses $1,488,247
As filed on the 2025 return.
Listed in Part VII
-
Erin Crady
Executive Director
- Total calculated
- $115,420
- From this org
- $115,420
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Carrie BrogdenCARRIE BROGDEN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Christian EricksonCHRISTIAN ERICKSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Torie GladwellTORIE GLADWELL
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ben BernhardBEN BERNHARD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Marette FarrellMARETTE FARRELL
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Shannon GriffinSHANNON GRIFFIN
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Dan MetzgerDAN METZGER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan GreenJONATHAN GREEN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gary MandellaGARY MANDELLA
Director
- Total calculated
- $0
- Hours/week
- 1
-
Liam O'RourkeLIAM O'ROURKE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ryan MahanRYAN MAHAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mandy PopeMANDY POPE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brook SmithBROOK SMITH
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael McMahonMICHAEL MCMAHON
President
- Total calculated
- $0
- Hours/week
- 10
-
Jesse UlleryJESSE ULLERY
Director
- Total calculated
- $0
- Hours/week
- 1
-
Cathy ShircliffCATHY SHIRCLIFF
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$85,000
-
$40,000
-
$35,000
-
BEYOND THE WIRE
$35,000
-
$35,000
-
$32,500
-
THROUGHBRED INCENTIVE PROGRAM
$32,500
-
$31,800
-
$30,000
-
$27,500
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501[C][6] · ADVERTISE, PROMOTE & FOSTER THOROUGHBRED · KY
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 21 September 2026
- IRS schema version
- 2025v4.1
- Source object
- 202642649349300109
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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