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Nonprofiteer
← CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT INC

Form 990 for tax year 2022

Filed by CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT INC.

Totals

Total revenue
$1,190,277
Total expenses
$883,788
Contributions and grants received
$798,302
Grants paid
$566,000
Program service revenue
$37,757
Investment income
$8,300
Other revenue
$345,918
Total assets, end of year
$1,621,471
Total liabilities, end of year
$23,275
Net assets or fund balances, end of year
$1,598,196
Program services expenses (Part IX)
$807,757
Management and general expenses
$38,407
Fundraising expenses
$37,624
Program service expenses (Part III)
$807,757

Program services were 91.4% 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.

  • 1f · All other contributions, gifts and grants

    $798,302

  • 2a · Program service revenue: HORSE SHOWS

    total $37,757 · related or exempt $37,757

  • 3 · Investment income

    total $8,300 · excluded $8,300

  • 8a · Fundraising events: gross income

    $347,226

  • 8b · Fundraising events: direct expenses

    $1,308

  • 8c · Net income from fundraising events

    total $345,918 · excluded $345,918

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $566,000 · program services $566,000

  • 5 · Compensation of officers, directors and key employees

    total $92,084 · program services $57,244 · management and general $21,220 · fundraising $13,620

  • 10 · Payroll taxes

    total $7,156 · program services $4,438 · management and general $1,668 · fundraising $1,050

  • 11b · Fees: legal

    total $934 · management and general $934

  • 11c · Fees: accounting

    total $7,093 · management and general $7,093

  • 11g · Fees: other

    total $13,596 · program services $1,329 · management and general $493 · fundraising $11,774

  • 12 · Advertising and promotion

    total $5,615 · program services $163 · management and general $73 · fundraising $5,379

  • 13 · Office expenses

    total $2,057 · program services $714 · management and general $1,343

  • 14 · Information technology

    total $7,317 · program services $686 · management and general $1,572 · fundraising $5,059

  • 16 · Occupancy

    total $1,410 · program services $874 · management and general $324 · fundraising $212

  • 17 · Travel

    total $784 · program services $135 · management and general $514 · fundraising $135

  • 23 · Insurance

    total $4,737 · program services $1,631 · management and general $2,711 · fundraising $395

  • 24a · Other expenses: PLACEMENT PROGRAM

    total $132,218 · program services $132,218

  • 24b · Other expenses: PROGRAM SUPPLIES

    total $42,355 · program services $42,315 · management and general $40

  • 24c · Other expenses: PRINTING AND POSTAGE

    total $432 · program services $10 · management and general $422

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $541,810 · end of year $809,021

  • 2 · Savings and temporary cash investments

    beginning of year $436,089 · end of year $475,594

  • 4 · Accounts receivable

    beginning of year $124,266 · end of year $103,399

  • 12 · Investments: other securities

    beginning of year $261,238 · end of year $233,457

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,362 · end of year $23,275

  • 24 · Unsecured notes and loans payable

    beginning of year $27,553 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,232,325 · end of year $1,511,033

  • 28 · Net assets with donor restrictions

    beginning of year $87,163 · end of year $87,163

Mission and programs · 2022

Mission

CARMA GRANTS FUNDS TO THOROUGHBRED RETIREMENT FACILITIES TO SUPPORT THE CARE AND RETRAINING OF HORSES WHOSE CAREERS HAVE ENDED.

  • NON-PROFITS ARE GIVEN GRANTS TO HELP FIND HOMES FOR OUR PLACEMENT PROGRAM HORSES AND HELP THOROUGHBRED OWNERS SAFELY RETIRE THEIR RACE HORSES. GRANTS GO TO PERMANENT SANCTUARIES AND THERAPEUTIC RIDING PROGRAMS THAT SUPPORT HORSE ADOPTIONS.

    Expenses $587,230 · Grants $566,000

  • A SERVICE CREATED TO ASSIST THOROUGHBRED OWNERS AND TRAINERS RETIRE THEIR RACEHORSES. THE PLACEMENT PROGRAM PROVIDES NEWLY RETIRED RACEHORSES WITH THE TIME THEY NEED TO TRANSITION TO THE NEXT PHASE OF THEIR JOURNEY AND CONNECTS THEM TO OUR AFTERCARE PARTNERS.

    Expenses $220,527 · Revenue $37,757

  • HORSE SHOWS ALLOW RETIRED RACEHORSES TO RETURN TO THE TRACK TO SHOWCASE THEIR JUMPING, DRESSAGE AND BARREL RACING SKILLS. THE SHOWS INCLUDE OUR AFTERCARE PARTNERS WHO HELP THOROUGHBREDS FIND NEW HOMES AND GIVE THEM A FRESH START AS PETS AND SPORT HORSES.

As filed on the 2022 return.

Listed in Part VII

  • Drew Couto

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ron Charles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Jeff Blea

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Christy Chapman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Bing Bush Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Madeline Auerbach

    TREASURER (OCT 22 FORWARD)

    Total calculated
    $0
    Hours/week
    4

  • Howard Zucker

    TREASURER (UNTIL OCT 22)

    Total calculated
    $0
    Hours/week
    4

  • Billy Koch

    PRESIDENT (SEPT 22 FORWARD)

    Total calculated
    $0
    Hours/week
    4

  • Candace Coder-Chew

    PRESIDENT (UNTIL SEPT 22)

    Total calculated
    $0
    Hours/week
    4

  • Samantha Siegel

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

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

  • UNITED PEGASUS FOUNDATION

    $165,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

  • REDWINGS HORSE SANCTUARY

    $45,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

  • SQUARE PEG FOUNDATION

    $40,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

  • HOPE FOR HORSES INC

    $35,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

  • WIN PLACE HOME

    $30,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

  • DOWN THE STRETCH RANCH

    $28,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

  • AFTER THE HOMESTRETCH

    $17,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

  • OLD FRIENDS INC

    $15,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

  • FRESH START SPORT HORSES

    $12,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

  • HEALING ARENAS

    $12,000

    SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
27 October 2023
IRS schema version
2022v5.0
Source object
202313009349301936

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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