European Breeders Fund

Organization Overview

European Breeders Fund is located in null. The organization was established in 1992. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., 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. European Breeders Fund is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 01/2022, European Breeders Fund generated $397.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.6%) each year. All expenses for the organization totaled $306.8k during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (36.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

AN INT'L ASSOCIATION ORGANIZED TO PROMOTE IMPROVED BREEDING OF THOROUGHBREDS IN EUROPEAN COUNTRIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

PAYMENTS MADE TO MEMBER ORGANIZATIONS WHICH ARE USED TO PROMOTE IMPROVED BREEDING OF THOROUGHBREDS IN THEIR RESPECTIVE COUNTRIES THROUGH RACING SPONSORSHIP WHERE THE MAJORITY (80%) OF MAIDEN TWO YEAR OLD RACES ARE FOR EBF ELIGIBLE HORSES AND FUNDS FOR THE BREEDER OF A HORSE BY AN EBF REGISTERED STALLION WHEN THAT HORSE WINS AN EBF SUPPORTED RACE.


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Board, Officers & Key Employees

Name (title)Compensation
Kerry J Murphy
Chief Executive Officer
$115,515
M H Pouret
Member
$0
P W Freedman
Chairman
$0
J Richmond-Watson
Member
$0
T Gaffney
Member
$0
M N DE Chambure
Member
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$397,901
Investment income $4
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 $397,905

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