Standardbred Transition Alliance
- Assets
- $362.3k
- Revenue
- $349.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Westerville, OH
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 83-1585058
Organization Overview
Standardbred Transition Alliance is located in Westerville, OH. The organization was established in 2019. 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. Standardbred Transition Alliance 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, Standardbred Transition Alliance generated $349.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $326.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Standardbred Transition Alliance has awarded 16 individual grants totaling $425,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ACCREDITATION, INSPECTION AND AWARD GRANTS TO APPROVED ORGANIZATIONS THAT ACQUIRE, REHABILITATE, TRAIN, RE-HOME, FOLLOW UP AND CARE FOR STANDARDBRED HORSES, USING INDUSTRY-WIDE FUNDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRANSITIONAL CARE FOR STANDARDBRED HORSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Donna Franchetti Board Member | Trustee | 1 | $0 |
Kevin Greenfield Board Member | Trustee | 1 | $0 |
Renee Mancino Co-Vice President, Treasurer | OfficerTrustee | 4 | $0 |
Don Marean President | OfficerTrustee | 4 | $0 |
Rick Moore Board Member | Trustee | 1 | $0 |
Russell Williams Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $347,849 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $347,849 |
| Total Program Service Revenue | $0 |
| Investment income | $1,165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $349,045 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $83,454 |
| Compensation of current officers, directors, key employees. | $19,222 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $344 |
| Fees for services: Accounting | $13,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,374 |
| Office expenses | $1,017 |
| Information technology | $1,641 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,999 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,647 |
| All other expenses | $174 |
| Total functional expenses | $326,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,365 |
| Savings and temporary cash investments | $2,541 |
| Pledges and grants receivable | $35,435 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $362,341 |
| Accounts payable and accrued expenses | $4,151 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,151 |
| Net assets without donor restrictions | $358,190 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $362,341 |
Grants Awarded
Over the last fiscal year, Standardbred Transition Alliance has awarded $200,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NEW VOCATIONS RACEHORSE ADOPTION PROGRAM PURPOSE: TRANSITIONING STANDARDBRED HORSES | $85,500 |
SUNSHINE HORSES PURPOSE: TRANSITIONING STANDARDBRED HORSES | $22,700 |
FUTURES FOR STANDARDBREDS PURPOSE: TRANSITIONING STANDARDBRED HORSES | $32,600 |
PURPLE HAZE STANDRDBRED ADOPTION PROGRAM PURPOSE: TRANSITIONING STANDARDBRED HORSES | $39,600 |
HAPPY TRAILS FARM ANIMAL SANCTUARY PURPOSE: TRANSITIONING STANDARDBRED HORSES | $19,600 |