Communication Alliance To Network Thoroughbred Ex-Racehorses is located in Lexington, KY. The organization was established in 2006. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Communication Alliance To Network Thoroughbred Ex-Racehorses is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Communication Alliance To Network Thoroughbred Ex-Racehorses generated $45.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $54.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CANTER KY TOOK OWNERSHIP OF 12 THOROUGHBRED HORSESTOOK CARE OF MEDICAL ISSUES, RETRAINEDAND RE-HOMED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robbie Timmons President | 15 | $0 | |
Jenny Mcgaughey Secretary/treasurer | 15 | $0 | |
Polly Sue Poppy Vice President | 15 | $0 | |
Pam Cleverly Director | 10 | $0 | |
Kyle Rothfus Director | 10 | $0 | |
Kalena Richards Director | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $44,937 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $938 |
Total Revenue | $45,875 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $665 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $897 |
Other expenses | $53,240 |
Total expenses | $54,802 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $23,888 |
Other assets | $0 |
Total assets | $25,102 |
Total liabilities | $881 |
Net assets or fund balances | $24,221 |