Kingsport Thoroughbreds Inc is located in Fort Mcdowell, AZ. The organization was established in 2017. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Kingsport Thoroughbreds 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 12/2021, Kingsport Thoroughbreds Inc generated $22.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.8%) each year. All expenses for the organization totaled $25.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (25.6%) per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
SAVE HORSES FROM SLAUGHTER, RETRAIN AND REHABILITATE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angela Mcmullin President/se | 0 | $0 | |
Blake Mcnabb Director | 0 | $0 | |
Michele Geatly Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,050 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $22,050 |
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 | $1,000 |
Occupancy, rent, utilities, and maintenance | $1,533 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $22,480 |
Total expenses | $25,013 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |
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