Racing For Home Inc
- Assets
- $77.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hamden, CT
- Founding
- 07/2011
- Data as of
- 12/2023
- EIN
- 45-1058929
Organization Overview
Racing For Home Inc is located in Hamden, CT. The organization was established in 2011. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racing For Home Inc 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, Racing For Home Inc generated $186.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $177.5k during the year ending 12/2023. While expenses have increased by 13.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
WE ARE ACCREDITED BY THE THOROUGHBRED AFTERCARE ALLIANCE TAA AS ONE OF ONLY 83 ORGANIZATIONS IN THE US TAA US THE OFFICE ACCREDITING BODY OF THOROUGHBRED HORSE RESCUE NONPROFITS THE PROCESS OF ACCREDITATION IS AN EXTENSIVE ANALYSIS OF OUR FINANCIAL CONTROLS AND ORGANIZATION A PHYSICAL INSPECTION OF OUR BOARDING FACILITIES BY JOCKEY CLUB APPROVED INSPECTORS AND ASSESSMENT OF OUR HORSES TAA PROVIDES US WITH AN ANNUAL GRANT TO OFFSET SOME OF OUR OPERATING EXPENSES ALL REVENUE GOES EXCLUSIVELY TO THE CARE OF OUR HORSES THROUGH BOARD VET OR TRAINING OUR ORGANIZATION HAS BEEN FEATURED ON FOX SPORTS FOX AND FRIENDS THE TODAY SHOW AND NUMEROUS OTHER MEDIA OUTLETS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Acacia Clement President | 18 | $0 | |
Sherrie Courtney VP | 40 | $0 | |
Brian Courtney VP | 0 | $0 | |
Kim Boocher Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,109 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,100 |
| Other Revenue | $0 |
| Total Revenue | $186,209 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $127,336 |
| Printing, publications, postage, and shipping | $100 |
| Other expenses | $50,100 |
| Total expenses | $177,536 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,518 |
| Other assets | $0 |
| Total assets | $77,218 |
| Total liabilities | $25,000 |
| Net assets or fund balances | $52,218 |