Form 990 for tax year 2023

Totals

Total revenue

$43,675,102

Total expenses

$39,060,160

Contributions and grants received

$2,156,359

Grants paid

$0

Program service revenue

$41,110,255

Investment income

$0

Other revenue

$408,488

Total assets, end of year

$13,449,141

Total liabilities, end of year

$12,113,065

Net assets or fund balances, end of year

$1,336,076

Program services expenses (Part IX)

— not reported

Management and general expenses

— not reported

Fundraising expenses

— not reported

Program service expenses (Part III)

— not reported

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.

Mission and programs · 2023

• RACETRACK SAFETY PROGRAM: AS OF DECEMBER 31, 2023, APPROXIMATELY 33,000 COVERED PERSONS, 55,000 COVERED HORSES AND 1,000 VETERINARIANS ACTIVELY INVOLVED IN THE DAILY AND SPECIALIZED CARE OF EQUINE ATHLETES WERE REGISTERED WITH HISA. ALSO IN 2023, HISA COMPLETED ACCREDITATION VISITS AT 21 RACETRACKS, LEADING TO MANY SIGNIFICANT SAFETY IMPROVEMENTS, INCLUDING INVESTING IN NEW AND MORE ADVANCED TRACK SURFACE MAINTENANCE EQUIPMENT, TAKING DAILY MEASUREMENTS RELATED TO TRACK SURFACE CONDITIONS, UPDATING STABLE GATE IN AND OUT PROCEDURES AND CONVENING SAFETY COMMITTEES TO REVIEW INCIDENTS AND TO IDENTIFY RISK MITIGATION STRATEGIES. FURTHER, THE FATALITY RATES AT HISA TRACKS WERE REDUCED COMPARED TO 2022 AND WERE SIGNIFICANTLY LOWER THAN THE FATALITY RATES AT NON-HISA TRACKS. FINALLY, HISA CREATED A MATHEMATICAL MODEL IN 2023 TO HELP IDENTIFY HORSES AT GREATEST RISK FOR RACING INJURIES.

• ADMC PROGRAM: HISA LAUNCHED ITS ANTI-DOPING AND MEDICATION CONTROL PROGRAM ACROSS ALL HISA RACETRACKS IN MAY 2023. THE PROGRAM IS MANAGED BY THE INDEPENDENT ANTI-DOPING AGENCY, THE HORSERACING INTEGRITY AND WELFARE UNIT. FOR THE FIRST TIME IN ITS HISTORY, THOROUGHBRED RACING HAS NATIONAL AND UNIFORM MEDICATION RULES THAT ARE IMPLEMENTED CONSISTENTLY ACROSS THE COUNTRY. THIS INCLUDES THE FIRST ELECTRONIC CHAIN OF CUSTODY SYSTEM, A SCIENCE AND EDUCATION DEPARTMENT, HARMONIZED LABORATORIES, AN INTELLIGENCE AND ANALYTICS-BASED INVESTIGATIONS UNIT AND AN EFFICIENT AND FAIR ADJUDICATION SYSTEM. OVER 50,000 SAMPLE COLLECTION SESSIONS WERE CONDUCTED IN 2023, 122 ANONYMOUS TIPS WERE RECEIVED THROUGH THE WHISTLEBLOWER HOTLINE, AND 141 BARN SEARCHES WERE CONDUCTED. THIS RESULTED IN 58 BANNED SUBSTANCE (DOPING) CHARGES AND 166 CONTROLLED MEDICATION (THERAPEUTICS) CHARGES. THIS TRANSLATED TO 0.49% OF ALL SAMPLE COLLECTION SESSIONS RESULTED IN A POSITIVE TEST THAT LED TO A CHARGE UNDER THE PROGRAM.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

11 November 2024

IRS schema version

2023v5.1

Source object

202413209349305521

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