- Revenue 2025
- $5,150,036
- Expenses 2025
- $3,870,724
Program services were 82.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- D20
- Classification
- 1000
- Street
- 1841 PAYNES DEPOT RD
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2025
Mission
TO CARE FOR AND PROTECT RETIRED THOUROUGHBREDS.
Activities or mission (Part I)
TO CARE FOR AND PROTECT RETIRED RACING THOROUGHBREDS.
-
RAISE AWARENESS OF THE TREATMENT OF RETIRED RACE HORSES AND CARE FOR AND HONOR THE RACE HORSES. WE KEEP AND CARE FOR RETIRED RACE HORSES ON OUR FARM.
Expenses $3,192,981 · Revenue $5,112,744
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
ROBERT FULMER
VICE CHAIR/BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 40
-
CYNTHIA GRISOLIA
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 40
-
BEV PASSARELLO
SEC'Y/BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 40
-
PAT RILEY
TREASURER/BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JILL BAFFERT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
PEGGY GDOVKA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SUZANNE MUNDY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
COREY JOHNSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MARK SIMON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CLARK NYBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KERRY CAUTHEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RON WALLACE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DIANE WHITE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DR BRYAN WALDRIDGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL BLOWEN
BOARD MEMBER/FOUNDER
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT LEE SHINNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN CHU
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JOHN NICHOLSON
PRESIDENT & CEO
- Total calculated
- $125,000
- From this org
- $125,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $5,150,036
- Expenses
- $3,870,724
- Contributions
- $4,392,896
- Grants paid
- $0
-
2023
- Revenue
- $3,641,088
- Expenses
- $3,240,372
- Contributions
- $2,623,254
- Grants paid
- $0
-
2022
- Revenue
- $2,822,819
- Expenses
- $2,569,911
- Contributions
- $2,342,179
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $2,968,063
- Expenses
- $2,289,850
- Assets (EOY)
- $5,076,861
-
2020 · 990
- Revenue
- $2,075,597
- Expenses
- $1,998,632
- Assets (EOY)
- $4,982,047
-
2019 · 990
- Revenue
- $2,473,416
- Expenses
- $1,847,909
- Assets (EOY)
- $4,995,382
-
2018 · 990
- Revenue
- $2,068,853
- Expenses
- $1,974,465
- Assets (EOY)
- $4,699,448
-
2017 · 990
- Revenue
- $1,929,428
- Expenses
- $1,697,911
- Assets (EOY)
- $4,678,735
-
2016 · 990
- Revenue
- $1,725,153
- Expenses
- $1,676,145
- Assets (EOY)
- $3,987,584
-
2015 · 990
- Revenue
- $1,536,230
- Expenses
- $1,408,412
- Assets (EOY)
- $2,866,790
-
2014 · 990
- Revenue
- $1,310,457
- Expenses
- $1,152,962
- Assets (EOY)
- $1,959,878
-
2013 · 990
- Revenue
- $918,817
- Expenses
- $1,286,941
- Assets (EOY)
- $1,848,052
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2022 Thoroughbred Aftercare
-
2023 THOROUGHBRED AFTERCARE
-
2024 THOROUGHBRED AFTERCARE
-
$124,718
2024 GENERAL SUPPORT
-
2022 GENERAL SUPPORT
-
$93,501
2022 GENERAL SUPPORT
-
$91,631
2023
-
$55,257
2022 UNRESTRICTED
-
2025 GENERAL SUPPORT
-
2023 GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.