Form 990 for tax year 2023
Filed by ARABIAN JOCKEY CLUB ACQUISITION CORPORATION.
Totals
- Total revenue
- $228,704
- Total expenses
- $222,816
- Contributions and grants received
- $181,500
- Grants paid
- $3,000
- Program service revenue
- $46,500
- Investment income
- $704
- Other revenue
- $0
- Total assets, end of year
- $71,283
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $71,283
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $0
Program services were 0.0% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$181,500
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Administrative Revenue
total $46,500 · related or exempt $46,500 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $704 · related or exempt $704 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,000
-
12 · Advertising and promotion
total $4,196
-
14 · Information technology
total $1,132
-
17 · Travel
total $8,482
-
21 · Payments to affiliates
total $1,138
-
24a · Other expenses: Awards - Purse Money
total $130,000
-
24b · Other expenses: Track Admin
total $10,000
-
24c · Other expenses: Professional Services
total $48,371
-
24d · Other expenses: Trackmaster Contract
total $6,000
-
24e · All other expenses
total $10,497
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $64,416 · end of year $70,305
-
4 · Accounts receivable
beginning of year $979 · end of year $978
-
17 · Accounts payable and accrued expenses
beginning of year $0
-
18 · Grants payable
beginning of year $0
-
19 · Deferred revenue
beginning of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0
-
21 · Escrow or custodial account liability
beginning of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $65,395 · end of year $71,283
Mission and programs · 2023
Mission
The Arabian Jockey Club is a nationally chartered non-profit organization dedicated to the promotion and education of the Arabian racing industry in the United States.
-
The Arabian Jockey Club provides a semi monthly educational series on Arabian racing with highlights from races around the world via AJC Tv as well as provides online live streaming of major Arabian races via AJC Live. The Arabian Jockey Club also procures sponsorship money to be distributed for award purses.
As filed on the 2023 return.
Listed in Part VII
-
Howard Pike
Director
- Total calculated
- $0
- Hours/week
- 1
-
Hamp Johnston
Director
- Total calculated
- $0
- Hours/week
- 1
-
Susan Meyer
President
- Total calculated
- $0
- Hours/week
- 40
-
Kathy Smoke
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Bruce Johnson
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 10
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
- 27 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202430929349300863
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