Skip to content
Nonprofiteer
← HARNESS HORSE YOUTH FOUNDATION

Form 990 for tax year 2022

Filed by HARNESS HORSE YOUTH FOUNDATION.

Totals

Total revenue
$198,135
Total expenses
$204,721
Contributions and grants received
$162,081
Grants paid
$18,500
Program service revenue
$19,674
Investment income
$12,163
Other revenue
$4,217
Total assets, end of year
$602,298
Total liabilities, end of year
$3,348
Net assets or fund balances, end of year
$598,950
Program services expenses (Part IX)
$162,328
Management and general expenses
$41,122
Fundraising expenses
$1,271
Program service expenses (Part III)
$162,328

Program services were 79.3% 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

    $162,081

  • 2a · Program service revenue: STALLION AUCTION INCOME

    total $7,910 · related or exempt $7,910

  • 2b · Program service revenue: CAMP REGISTRATIONS

    total $7,529 · related or exempt $7,529

  • 2c · Program service revenue: HARNESS HERO CARDS

    total $4,235 · related or exempt $4,235

  • 3 · Investment income

    total $12,163 · excluded $12,163

  • 8a · Fundraising events: gross income

    $6,645

  • 8b · Fundraising events: direct expenses

    $2,428

  • 8c · Net income from fundraising events

    total $4,217 · excluded $4,217

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $18,500 · program services $18,500

  • 7 · Other salaries and wages

    total $67,542 · program services $53,842 · management and general $12,787 · fundraising $913

  • 9 · Other employee benefits

    total $9,753 · program services $6,827 · management and general $2,731 · fundraising $195

  • 10 · Payroll taxes

    total $5,246 · program services $4,184 · management and general $1,062

  • 11c · Fees: accounting

    total $3,729 · management and general $3,729

  • 11f · Fees: investment management

    total $3,316 · program services $3,316

  • 11g · Fees: other

    total $1,477 · program services $350 · management and general $1,127

  • 12 · Advertising and promotion

    total $18,261 · program services $18,261

  • 13 · Office expenses

    total $8,272 · program services $6,917 · management and general $1,192 · fundraising $163

  • 16 · Occupancy

    total $11,100 · management and general $11,100

  • 17 · Travel

    total $14,572 · program services $14,572

  • 19 · Conferences, conventions and meetings

    total $107 · management and general $107

  • 22 · Depreciation, depletion and amortization

    total $9,811 · program services $9,811

  • 23 · Insurance

    total $6,364 · program services $2,653 · management and general $3,711

  • 24a · Other expenses: HYRL - SUPPLIES

    total $15,833 · program services $15,833

  • 24b · Other expenses: TRUCK/TRAILER EXPENSE

    total $5,160 · program services $5,160

  • 24c · Other expenses: SUPPLIES AND MAINT. CONTR

    total $3,576 · management and general $3,576

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,130 · program services $1,130

  • 24e · All other expenses

    total $972 · program services $972

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $122,611 · end of year $116,676

  • 2 · Savings and temporary cash investments

    beginning of year $168,200 · end of year $153,245

  • 8 · Inventories for sale or use

    beginning of year $1,838 · end of year $2,687

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

    $78,802

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

    $73,367

  • 10c · Land, buildings and equipment, net

    beginning of year $13,029 · end of year $5,435

  • 11 · Investments: publicly traded securities

    beginning of year $296,479 · end of year $324,255

  • 25 · Other liabilities

    beginning of year $7,055 · end of year $3,348

  • 27 · Net assets without donor restrictions

    beginning of year $562,483 · end of year $570,331

  • 28 · Net assets with donor restrictions

    beginning of year $32,619 · end of year $28,619

Mission and programs · 2022

Mission

TO PROVIDE YOUNG PEOPLE AND THEIR FAMILIES INFORMATION AND EXPERIENCES WITH HARNESS HORSES IN ORDER TO FOSTER THE NEXT GENERATION OF FANS AND PARTICIPANTS.

  • PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING HIGHER EDUCATION AND SUPPLY AWARDS TO YOUNG PEOPLE PARTICIPATING IN YOUTH PROGRAMS, BOTH EQUINE AND GENERAL. ONE SCHOLARSHIP WAS AWARDED IN THIS FISCAL YEAR.

    Expenses $18,500 · Grants $18,500

  • CO SPONSOR DAY AND SUMMER CAMPS FOR YOUNG PEOPLE TO OBTAIN HANDS ON EXPERIENCE WITH HORSES. EVENTS ARE GEARED TO PROVIDE INTENSE LEARNING OPPORTUNITIES ABOUT GENERAL HORSE CARE AND SPECIFIC DIFFERENCES BETWEEN RACE AND PLEASURE HORSES.

    Expenses $40,642 · Revenue $7,529

  • DISTRIBUTE EDUCATIONAL HARNESS RACING LITERATURE TO ORGANIZATIONS, INDIVIDUALS, TRADE SHOWS AND CONFERENCES. DEVELOP, PRODUCE AND DISTRIBUTE VIDEOS, BOOKLETS, AND OTHER PRINTED LITERATURE ABOUT EQUINE AND HARNESS RACING CAREERS.

    Expenses $3,427 · Revenue $4,235

  • PLAN, COORDINATE, ORGANIZE, ADMINISTER AND DISPERSE DETAILS RELATING TO ALL PHASES OF EDUCATION PROGRAMS (CAMPS, SCHOLARSHIPS, CAREERS, PRINTED MATERIALS, ETC.) TO APPROPRIATE PERSONS AND ORGANIZATIONS.

    Expenses $99,759 · Revenue $7,910

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tara Ellen Taylor

    DIRECTOR

    Total calculated
    $0

  • Allison Conte

    PRESIDENT

    Total calculated
    $0

  • Katie Eick

    VICE PRESIDE

    Total calculated
    $0

  • Suzanne D'Ambrose

    SECRETARY

    Total calculated
    $0

  • Karen Craft

    TREASURER

    Total calculated
    $0

  • Ron Battoni

    TRUSTEE

    Total calculated
    $0

  • Corey Callahan

    TRUSTEE

    Total calculated
    $0

  • Emily Ratliff

    TRUSTEE

    Total calculated
    $0

  • Ryan Miller

    TRUSTEE

    Total calculated
    $0

  • Tabitha Delong

    TRUSTEE

    Total calculated
    $0

  • James Marshall IV

    TRUSTEE

    Total calculated
    $0

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
2022
Filed
29 August 2024
IRS schema version
2022v5.0
Source object
202402479349301110

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

The source document this was parsed from is served over the API, which is where bulk and document access live.