Form 990 for tax year 2024
Filed by HARNESS HORSE YOUTH FOUNDATION.
Totals
- Total revenue
- $180,158
- Total expenses
- $201,712
- Contributions and grants received
- $144,460
- Grants paid
- $18,500
- Program service revenue
- $6,361
- Investment income
- $14,527
- Other revenue
- $14,810
- Total assets, end of year
- $656,526
- Total liabilities, end of year
- $5,707
- Net assets or fund balances, end of year
- $650,819
- Program services expenses (Part IX)
- $149,231
- Management and general expenses
- $50,329
- Fundraising expenses
- $2,152
- Program service expenses (Part III)
- $149,231
Program services were 74.0% 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
$144,460
-
2a · Program service revenue: CAMP REGISTRATIONS
total $4,213 · related or exempt $4,213
-
2b · Program service revenue: HARNESS HERO CARDS
total $2,148 · related or exempt $2,148
-
3 · Investment income
total $14,527 · excluded $14,527
-
8a · Fundraising events: gross income
$14,810
-
8c · Net income from fundraising events
total $14,810 · excluded $14,810
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 $47,953 · program services $33,600 · management and general $12,913 · fundraising $1,440
-
9 · Other employee benefits
total $11,718 · program services $8,202 · management and general $3,164 · fundraising $352
-
10 · Payroll taxes
total $3,720 · program services $2,604 · management and general $1,004 · fundraising $112
-
11c · Fees: accounting
total $2,238 · management and general $2,238
-
11f · Fees: investment management
total $3,866 · management and general $3,866
-
11g · Fees: other
total $1,789 · program services $500 · management and general $1,289
-
12 · Advertising and promotion
total $19,716 · program services $19,716
-
13 · Office expenses
total $10,209 · program services $8,284 · management and general $1,925
-
16 · Occupancy
total $12,000 · management and general $12,000
-
17 · Travel
total $20,117 · program services $20,019 · management and general $98
-
19 · Conferences, conventions and meetings
total $1,505 · management and general $1,505
-
22 · Depreciation, depletion and amortization
total $1,127 · program services $1,127
-
23 · Insurance
total $5,872 · program services $2,132 · management and general $3,740
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24a · Other expenses: HYRL - TRANSPORTATION
total $17,048 · program services $17,048
-
24b · Other expenses: HYRL - SUPPLIES
total $8,133 · program services $8,133
-
24c · Other expenses: CAREERS EXPENSE
total $5,774 · program services $5,774
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $4,692 · management and general $4,692
-
24e · All other expenses
total $5,735 · program services $3,592 · management and general $1,895 · fundraising $248
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $132,156 · end of year $104,904
-
2 · Savings and temporary cash investments
beginning of year $529,876 · end of year $547,923
-
8 · Inventories for sale or use
beginning of year $3,028 · end of year $2,876
-
10a · Land, buildings and equipment: cost or other basis
$50,072
-
10b · Land, buildings and equipment: accumulated depreciation
$49,249
-
10c · Land, buildings and equipment, net
beginning of year $1,949 · end of year $823
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25 · Other liabilities
beginning of year $4,878 · end of year $5,707
-
27 · Net assets without donor restrictions
beginning of year $651,512 · end of year $650,819
-
28 · Net assets with donor restrictions
beginning of year $10,619
Mission and programs · 2024
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. SIX SCHOLARSHIPS WERE AWARDED IN THIS FISCAL YEAR.
Expenses $24,274 · 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 $52,482
-
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 $5,378
-
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 $67,097
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ron BattoniRON BATTONI
TRUSTEE
- Total calculated
- $0
-
Corey CallahanCOREY CALLAHAN
TRUSTEE
- Total calculated
- $0
-
Allison ConteALLISON CONTE
PRESIDENT
- Total calculated
- $0
-
Karen CraftKAREN CRAFT
TRUSTEE
- Total calculated
- $0
-
Suzanne D'AmbroseSUZANNE D'AMBROSE
SECRETARY
- Total calculated
- $0
-
Tabitha DelongTABITHA DELONG
TREASURER
- Total calculated
- $0
-
Katie EickKATIE EICK
VICE PRESIDE
- Total calculated
- $0
-
Jessica HallettJESSICA HALLETT
TRUSTEE
- Total calculated
- $0
-
James Marshall IVJAMES MARSHALL IV
TRUSTEE
- Total calculated
- $0
-
Ryan MillerRYAN MILLER
TRUSTEE
- Total calculated
- $0
-
Emily RatliffEMILY RATLIFF
TRUSTEE
- Total calculated
- $0
-
Marlys PinskeMARLYS PINSKE
CONSULTANT
- 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
- 2024
- Filed
- 7 January 2026
- IRS schema version
- 2024v5.0
- Source object
- 202600239349300810
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