Form 990 for tax year 2025
Filed by PURPLE HAZE STANDARD BRED ADOPTION PROGRAM INC.
Totals
- Total revenue
- $269,206
- Total expenses
- $275,427
- Contributions and grants received
- $153,886
- Grants paid
- $0
- Program service revenue
- $74,214
- Investment income
- $8,831
- Other revenue
- $32,275
- Total assets, end of year
- $398,134
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $398,134
- Program services expenses (Part IX)
- $228,188
- Management and general expenses
- $42,857
- Fundraising expenses
- $4,382
- Program service expenses (Part III)
- $228,188
Program services were 82.8% 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.
-
1c · Fundraising events
$17,605
-
1f · All other contributions, gifts and grants
$136,281
-
2a · Program service revenue: SPONSORSHIP
total $37,564 · related or exempt $37,564
-
2b · Program service revenue: ADOPTION FEE
total $36,650 · related or exempt $36,650
-
3 · Investment income
total $8,831 · excluded $8,831
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$17,605
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: EMPLOYEE RETENTION CRE
total $30,879 · related or exempt $30,879
-
11b · Other revenue: PRODUCT SALES
total $1,396 · related or exempt $1,396
-
11e · Other revenue, total
$32,275
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $106,172 · program services $84,199 · management and general $20,773 · fundraising $1,200
-
10 · Payroll taxes
total $8,122 · program services $6,091 · management and general $1,731 · fundraising $300
-
11c · Fees: accounting
total $13,929 · management and general $13,929
-
12 · Advertising and promotion
total $10,551 · program services $8,000 · fundraising $2,551
-
13 · Office expenses
total $2,383 · management and general $2,302 · fundraising $81
-
16 · Occupancy
total $54,523 · program services $54,523
-
17 · Travel
total $2,100 · program services $1,850 · fundraising $250
-
19 · Conferences, conventions and meetings
total $2,331 · program services $1,165 · management and general $1,166
-
22 · Depreciation, depletion and amortization
total $21,059 · program services $21,059
-
23 · Insurance
total $10,768 · program services $8,442 · management and general $2,326
-
24a · Other expenses: EQUINE CARE
total $40,361 · program services $40,361
-
24b · Other expenses: PAYROLL PROCESSING
total $2,628 · program services $1,998 · management and general $630
-
24c · Other expenses: VOLUNTEER EXPENSE
total $500 · program services $500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $88,392 · end of year $103,230
-
10a · Land, buildings and equipment: cost or other basis
$497,171
-
10b · Land, buildings and equipment: accumulated depreciation
$202,267
-
10c · Land, buildings and equipment, net
beginning of year $315,963 · end of year $294,904
-
27 · Net assets without donor restrictions
beginning of year $404,355 · end of year $398,134
Mission and programs · 2025
Mission
TO ENSURE THAT RETIRED STANDARDBRED HORSES FIND A SECOND CALLING AND PROFESSION THROUGH REHABILITATION, EDUCATION CONCERNING ADOPTION AND COMMUNITY OUTREACH, AND HUMANE ALTERNATIVES.
-
DURING THE 2025 YEAR, THE ORGANIZATION RECEIVED OVER $17,000 IN FUNDRAISING DONATIONS.
-
THE ORGANIZATION CONTINUES ITS OUTREACH AND VISABILITY; AT THE STANDARDBRED NATIONAL HORSE SHOW IN ALLENTOWN, NJ, THE ORGANIZATION WON THE GRAND CHAMPION ADOPTABLE HORSE. THE ORGANIZATION ALSO ATTENDED THE EQUINE AFFAIRE IN SPRINGFIELD, MASSACHUSETTS, ADOPTING 2 HORSES. IN ADDITION, THE ORGANIZATION WON CHAMPIONSHIP CLASS AT THE SARATOGA COUNTY FAIR AND PROVIDED EDUCATION AT A VET CONFERENCE IN EAST RUTHERFORD, NJ.
-
THE ORGANIZATION HAS GAINED 2025 ACCREDITATION AND GRANT MONIES FROM STANDARDBRED TRANSITION ALLIANCE (STA), A NON-PROFIT 501(C)3 ORGANIZATION THAT RECOGNIZES EXCELLENCE IN ORGANIZATIONAL MANAGEMENT, BUSINESS PRACTICES, AND ADOPTION POLICIES/PROCEDURES.
-
INCOME AND EXPENSES FROM PROGRAM INCOME AND OPERATIONS ACTIVITIES.
Expenses $228,188 · Revenue $106,489
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Wanda PolisseniWANDA POLISSENI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Paul KelleyPAUL KELLEY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
David HansonDAVID HANSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Frances BlazerFRANCES BLAZER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Rita ScharmanRITA SCHARMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob BoniBOB BONI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ashley SettlesASHLEY SETTLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer ConnorJENNIFER CONNOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jessica HallettJESSICA HALLETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason SettlemoirJASON SETTLEMOIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
- 2025
- Filed
- 2 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202622469349300342
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