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Nonprofiteer
← NEW VOCATION RACEHORSE ADOPTION PROGRAM

Form 990 for tax year 2023

Filed by NEW VOCATION RACEHORSE ADOPTION PROGRAM.

Totals

Total revenue
$3,311,391
Total expenses
$2,952,923
Contributions and grants received
$2,367,264
Grants paid
$0
Program service revenue
$627,128
Investment income
$206,079
Other revenue
$110,920
Total assets, end of year
$8,145,486
Total liabilities, end of year
$114,576
Net assets or fund balances, end of year
$8,030,910
Program services expenses (Part IX)
$2,735,414
Management and general expenses
$136,152
Fundraising expenses
$81,357
Program service expenses (Part III)
$2,735,414

Program services were 92.6% 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

    $2,367,264

  • 1g · Noncash contributions included above

    $81,183

  • 2a · Program service revenue: PROGRAM SERVICES

    total $627,128 · related or exempt $627,128

  • 3 · Investment income

    total $180,274 · related or exempt $180,274

  • 7a · Gross sales of assets other than inventory

    securities $1,341,525

  • 7b · Less cost or other basis and sales expenses

    securities $1,315,720

  • 7c · Gain or loss

    securities $25,805

  • 7d · Net gain or loss

    total $25,805 · related or exempt $25,805

  • 8a · Fundraising events: gross income

    $222,185

  • 8b · Fundraising events: direct expenses

    $111,265

  • 8c · Net income from fundraising events

    total $110,920 · excluded $110,920

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $54,500 · program services $40,640 · management and general $7,920 · fundraising $5,940

  • 7 · Other salaries and wages

    total $530,941 · program services $417,625 · management and general $64,752 · fundraising $48,564

  • 10 · Payroll taxes

    total $117,186 · program services $91,974 · management and general $14,639 · fundraising $10,573

  • 11c · Fees: accounting

    total $19,452 · management and general $19,452

  • 11g · Fees: other

    total $26,185 · program services $19,837 · management and general $6,337 · fundraising $11

  • 12 · Advertising and promotion

    total $14,477 · program services $13,267 · management and general $360 · fundraising $850

  • 13 · Office expenses

    total $108,698 · program services $96,126 · management and general $4,844 · fundraising $7,728

  • 16 · Occupancy

    total $33,486 · program services $28,455 · management and general $4,296 · fundraising $735

  • 17 · Travel

    total $27,985 · program services $27,832 · management and general $92 · fundraising $61

  • 22 · Depreciation, depletion and amortization

    total $89,361 · program services $89,361

  • 24a · Other expenses: BOARDING

    total $1,106,554 · program services $1,106,554 · management and general $0 · fundraising $0

  • 24b · Other expenses: EQUINE TRAINING

    total $245,522 · program services $245,522 · management and general $0 · fundraising $0

  • 24c · Other expenses: VETERNARIAN

    total $217,658 · program services $217,658 · management and general $0 · fundraising $0

  • 24d · Other expenses: FARRIER- BLACKSMITH

    total $96,635 · program services $96,635 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $264,283 · program services $243,928 · management and general $13,460 · fundraising $6,895

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,842,629 · end of year $671,166

  • 2 · Savings and temporary cash investments

    beginning of year $3,488,285 · end of year $5,313,403

  • 4 · Accounts receivable

    end of year $174,670

  • 9 · Prepaid expenses and deferred charges

    beginning of year $49 · end of year $9,206

  • 10a · Land, buildings and equipment: cost or other basis

    $3,111,097

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,134,056

  • 10c · Land, buildings and equipment, net

    beginning of year $2,017,710 · end of year $1,977,041

  • 17 · Accounts payable and accrued expenses

    beginning of year $18,220 · end of year $114,576

  • 27 · Net assets without donor restrictions

    beginning of year $7,053,609 · end of year $7,745,054

  • 28 · Net assets with donor restrictions

    beginning of year $276,844 · end of year $285,856

Mission and programs · 2023

Mission

REHABILITATION AND ADOPTION PROGRAM FOR RETIRED RACEHORSES.

  • REHABILITATION AND ADOPTION PROGRAM FOR RETIRED RACEHORSES.

    Expenses $2,735,414 · Revenue $833,207

As filed on the 2023 return.

Listed in Part VII

  • Jim Buchy

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Mickey Burke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Britney Eurton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Laura Holoubek

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tony Lacy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mandy Minger

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Oren Plous

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Katie Ryan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dot Morgan

    EXECUTIVE DIRECTOR

    Total calculated
    $51,395
    From this org
    $51,395
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Anna Ford

    PROGRAM DIRECTOR

    Total calculated
    $110,000
    From this org
    $110,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
24 October 2024
IRS schema version
2023v5.1
Source object
202413039349302271

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

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