THOROUGHBRED OWNERS AND BREEDERS ASSOCIATION INC

EIN 61-0663972 LEXINGTON, KY

Revenue 2024: $1,007,370
Expenses 2024: $1,091,155

As filed

Subsection: 06
Classification: 1000
Street: 2365 HARRODSBURG RD STE B240

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 · 2024

Mission

TO ADVERTISE, PROMOTE, AND FOSTER THE THOROUGHBRED INDUSTRY

TRADE JOURNALS PROVIDE INFO ON STAKES RACES, PUBLIC AUCTIONS & NEWS PERTAINING TO THE EQUINE INDUSTRY. REGISTERS PROVIDE UP-TO-DATE STATISTICAL INFO ON STALLIONS. DIRECTORIES PROVIDE LISTINGS OF PRODUCTS & SERVICES SPECIALIZING IN EQUINE INDUSTRY.
SEMINARS AND CLINICS ARE PROVIDED THAT FOCUS ON RACING AND BREEDING ASPECTS OF THOROUGHBRED OWNERSHIP.
AWARDS DINNER IS CONDUCTED EVERY YEAR TO RECOGNIZE THE TOP OWNER AND BREEDER OF EACH STATE AND THE TOP OWNER AND BREEDER IN THE COUNTRY.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

DAVID O'FARRELL

CHAIRMAN

Total calculated

$0

Hours/week

1
DOUG CAUTHEN

SECRETARY

Total calculated

$0

Hours/week

1
GARRETT O'ROURKE

TREASURER

Total calculated

$0

Hours/week

1
EVERETT DOBSON

VICE CHAIRMAN

Total calculated

$0

Hours/week

1
BRANT M LAUE

TRUSTEE

Total calculated

$0

Hours/week

1 + 0.5 related
SHANNON BISHOP ARVIN

TRUSTEE

Total calculated

$0

Hours/week

1
JEFFREY BLOOM

TRUSTEE

Total calculated

$0

Hours/week

1
JOE APPELBAUM

TRUSTEE

Total calculated

$0

Hours/week

1
ROBERT EDWARDS JR

TRUSTEE

Total calculated

$0

Hours/week

1
MARETTE FARRELL

TRUSTEE

Total calculated

$0

Hours/week

1
MICHAEL BANAHAN

TRUSTEE

Total calculated

$0

Hours/week

1
MARSHALL GRAMM

TRUSTEE

Total calculated

$0

Hours/week

1
TANYA GUNTHER

TRUSTEE

Total calculated

$0

Hours/week

1
WALKER HANCOCK

TRUSTEE

Total calculated

$0

Hours/week

1
STEPHANIE HRONIS

TRUSTEE

Total calculated

$0

Hours/week

1
JASON LOUTSCH

TRUSTEE

Total calculated

$0

Hours/week

1
MANDY POPE

TRUSTEE

Total calculated

$0

Hours/week

1
R GLENN SIKURA

TRUSTEE

Total calculated

$0

Hours/week

1
STEPHEN SCRENCI

TRUSTEE

Total calculated

$0

Hours/week

1
BARBARA BANKE

TRUSTEE

Total calculated

$0

Hours/week

1
CARRIE BROGDEN

TRUSTEE

Total calculated

$0

Hours/week

1
TIM COHEN

TRUSTEE

Total calculated

$0

Hours/week

1
BILLY KOCH

TRUSTEE

Total calculated

$0

Hours/week

1
BRAXTON LYNCH

TRUSTEE

Total calculated

$0

Hours/week

1
FRANCIS VANLANGENDONCK

TRUSTEE

Total calculated

$0

Hours/week

1

The first 25 listed. 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

2024

Revenue

$1,007,370

Expenses

$1,091,155

Contributions

$14,718

Grants paid

$133,040
2023

Revenue

$1,112,907

Expenses

$905,666

Contributions

$12,750

Grants paid

$2,540
2022

Revenue

$992,875

Expenses

$915,591

Contributions

$28,600

Grants paid

$2,770

Tax year	Revenue	Expenses	Contributions	Grants paid
2024	$1,007,370	$1,091,155	$14,718	$133,040
2023	$1,112,907	$905,666	$12,750	$2,540
2022	$992,875	$915,591	$28,600	$2,770

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

$1,423,625

Expenses

$1,169,377

Assets (EOY)

$3,840,044
2020 · 990

Revenue

$755,115

Expenses

$739,481

Assets (EOY)

$3,118,910
2019 · 990

Revenue

$947,036

Expenses

$997,623

Assets (EOY)

$3,022,712
2018 · 990

Revenue

$955,571

Expenses

$1,058,724

Assets (EOY)

$2,775,800
2017 · 990

Revenue

$3,348,916

Expenses

$1,069,452

Assets (EOY)

$2,865,686
2016 · 990

Revenue

$1,101,503

Expenses

$1,016,270

Assets (EOY)

$603,348
2015 · 990

Revenue

$1,066,905

Expenses

$959,609

Assets (EOY)

$506,130
2014 · 990

Revenue

$1,046,515

Expenses

$898,600

Assets (EOY)

$433,043
2013 · 990

Revenue

$918,592

Expenses

$864,991

Assets (EOY)

$282,186
2012 · 990

Revenue

not reported

Expenses

$881,766

Assets (EOY)

$196,199

Tax year	Form	Revenue	Expenses	Assets (EOY)
2021	990	$1,423,625	$1,169,377	$3,840,044
2020	990	$755,115	$739,481	$3,118,910
2019	990	$947,036	$997,623	$3,022,712
2018	990	$955,571	$1,058,724	$2,775,800
2017	990	$3,348,916	$1,069,452	$2,865,686
2016	990	$1,101,503	$1,016,270	$603,348
2015	990	$1,066,905	$959,609	$506,130
2014	990	$1,046,515	$898,600	$433,043
2013	990	$918,592	$864,991	$282,186
2012	990	not reported	$881,766	$196,199

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. Showing the 10 most recent; the API carries the rest.

Grants made

NATIONAL THOROUGHBRED RACING ASSOCIATION INC

$110,000

2024 TO SUPPORT THE MISSION TO INCREASE THE POPULARITY, WELFARE, AND INTEGRITY OF THOROUGHBRED BREEDING AND RACING.
FOUNDATION FOR THE HORSE

$17,500

2024 TO SUPPORT THE MISSION TO AID, SPONSOR, PROMOTE, AND CONTRIBUTE TO EDUCATION IN FURTHERANCE OF THE TREATMENT, CARE, AND WELFARE OF THE HORSE.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

THOROUGHBRED CHARITIES OF AMERICA INC

501(C)(3) · TO PROVIDE A BETTER LIFE FOR THOROUGHBREDS BY FUNDING RETIREMENT ORGS · KY

Declared as related by

THOROUGHBRED CHARITIES OF AMERICA INC

On its 2025 return

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related partnerships on its 2024 return

BLOOD-HORSE LLC

MAGAZINE PUBLISHING · KY · 49% owned · share of income -$45,175 · share of assets $1,276,242

Related corporations and trusts on its 2024 return

TOBA MEDIA PROPERTIES INC

C · PUBLISHING · KY · 100% owned · share of income -$82,313 · share of assets $558,835 · controlled entity

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

Not present in the most recent drop.

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 2024, the newest we have parsed for this organization.