Public Charity

OLD FRIENDS INC

OLD FRIENDS INC is a nonprofit organization categorized as Public Charity based in GEORGETOWN, KY. Its most recent IRS filing (2025) reports revenue of $5.2M, expenses of $3.9M, total assets of $9.4M. Imperigo tracks 73 reported grant relationships connected to this organization totaling approximately $2.9M.

EIN: 200049798 GEORGETOWN, KY Animal Protection & Welfare NTEE: D20 Latest filing: 2025
Total Revenue$5.2M
Total Expenses$3.9M
Total Assets$9.4M
Grant Records73
Funding Total$2.9M
Filing Years2021–2025

Mission

TO CARE FOR AND PROTECT RETIRED THOUROUGHBREDS.

Where $100 goes at Old Friends Inc

How Old Friends Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 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

$86
Raise awareness of the treatment of retired race horses and care for and honor the race horses
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SEC'Y/BOARD MEMBER Bev Passarello
BOARD MEMBER Clark Nyberg
BOARD MEMBER Corey Johnsen
CHAIRMAN Cynthia Grisolia
BOARD MEMBER Diane White
BOARD MEMBER Dr Bryan Waldridge

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,310,990 42 grants
Animal Welfare
$107,475 9 grants
Religion & Spirituality
$19,150 1 grant
Human & Social Services
$13,000 1 grant
Sports & Recreation
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $5.2M $3.9M $9.4M
2024 $4.0M $3.6M $9.0M
2023 $3.6M $3.2M $5.4M
2022 $2.8M $2.6M $5.1M
2021 $3.0M $2.3M $5.1M

Between 2021 and 2025, reported annual revenue grew from $3.0M to $5.2M (+74%), with total assets most recently reported at $9.4M.

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

See the full picture for OLD FRIENDS INC

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