Public Charity

GULFSTREAM PARK THOROUGHBRED AFTER RACING PROGRAM INC

GULFSTREAM PARK THOROUGHBRED AFTER RACING PROGRAM INC, of AVENTURA, FL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $445K in revenue, $445K in expenses, $42K in total assets. IRS filings disclose 12 grants awarded by this foundation, totaling roughly $524K.

EIN: 452466591 AVENTURA, FL Human Service Organizations NTEE: P20 Latest filing: 2024
Total Revenue$445K
Total Expenses$445K
Total Assets$42K
Grants Given12
Grant Total$524K
Filing Years2022–2024

Mission

TO ASSIST WITH THE CARE AND PROPER TREATMENT, AS REQUIRED, TO ENSURE THE HEALTH AND SAFETY OF RETIRED RACEHORSES, PROMOTING PUBLIC AWARENESS CONCERNING THE MISTREATMENT OF RETIRED THOROUGHBRED RACE HORSES, AND EDUCATING THE PUBLIC ABOUT AND SUPPORTING INITIATIVES ON PREVENTION OF THE MISTREATMENT OF RETIRED RACEHORSES.

Where $100 goes at Gulfstream Park Thoroughbred After Racing Program Inc

How Gulfstream Park Thoroughbred After Racing Program Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$43
In coordination with gulfstream park, the organization works with animal aftercare and retirement programs to evaluate, retrain, and rehabilitate thoroughbred racehorses once they leave their racing career
50% of program spending
$43
Licensed by the state of florida, Gulfstream Park Thoroughbred After Racing Program, inc., With a permit transferred under florida statute 550.3345, conducts racing programs for thoroughbred racehorses
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

HALLANDALE BEACH, FL · 2023
TO SUPPORT THE MISSON TO PROVIDE FOR THE CARE AND PROPER TREATEMENT OF RETIRED THOROUGHBREDS
$157,086
LEXINGTON, KY · 2023
TO SUPPORT THE MISSION TO PROVIDE FOR THE CARE AND PROPER TREATMENT OF RETIRED THOROUGHBRED RACEHORSES
$150,000
PEMBROKE PINES, FL · 2023
TO SUPPORT THE MISSION OF PROVIDING TRAINING, EDUCATIONAL PROGRAMS, EMPLOYER AND EMPLOYEE OUTREACH AND JOB PLACEMENT SERVICES
$25,000
LEXINGTON, KY · 2023
TO SUPPORT THE MISSION TO FUND RESEARCH, DEVELOP AND PROMOTE POLICY RECOMMENDATIONS, AND EDUCATE STAKEHOLDERS IN SUPPORT OF HORSE RACING SAFETY AND INTEGRITY
$9,509
LEXINGTON, KY · 2022
TO SUPPORT THE MISSION TO PROVIDE FOR THE CARE AND PROPER TREATMENT OF RETIRED THOROUGHBRED RACEHORSES
$141,500

Showing up to 5 of 12 total records — full history available with membership.

Officers & Directors

DIRECTOR Burton Fernung
TREASURER Joshua Adams
DIRECTOR Lonny Powell
DIRECTOR Mike Rogers
DIRECTOR Nicole Walker
DIRECTOR Philip Matthews

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$448,586 3 grants
Education
$44,908 2 grants
Animal Welfare
$30,809 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $445K $445K $42K
2023 $478K $478K $29K
2022 $3.5M $3.6M $67K

Between 2022 and 2024, reported annual revenue declined from $3.5M to $445K (-87%), with total assets most recently reported at $42K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in FL, KY, OK.

FLKYOK

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for GULFSTREAM PARK THOROUGHBRED AFTER RACING PROGRAM INC

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