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EIN 59-0944678

Florida Thoroughbred Breeders Association

IRS 501(c) type
501(c)(5)
Num. employees
10
City
Ocala
State
Florida
Year formed
1967
Most recent tax filings
2023-06-01
NTEE code, primary
K20: Agricultural Programs
Description
To promote the thoroughbred horse industry in the state of Florida. To promote the horse industry in Florida.
Total revenues
$3,166,243
2023
Total expenses
$2,914,097
2023
Total assets
$6,512,648
2023
Num. employees
10
2023

Program areas at Florida Thoroughbred Breeders Association

Provides the administration for the payments of awards to Breeders of florida-bred horses that win or place at Florida race tracks. The awards are determined based on formulas established by a state approved Breeders award plan.
Advertising and promotion of the Florida horse industry.
Registration of florida-bred foals and registration of stallions standing at stud in the state of Florida.
Administration of the Florida sire stakes program.

Who funds Florida Thoroughbred Breeders Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Louis E and Patrice J Wolfson FoundationEducational$10,250

Personnel at Florida Thoroughbred Breeders Association

NameTitleCompensation
Lonny T PowellChief Executive Officer and Executive Vice President$318,075
Peggy YostAdministrative Vice President and Chief Financial Officer and Assistant Treasurer$111,731
Brock SheridanEditor - In - Chief
Elaine K.Executive Assistant and Office Manager and Assistant Secretary
Valerie DaileyImmediate Past President$0
...and 10 more key personnel

Financials for Florida Thoroughbred Breeders Association

RevenuesFYE 06/2023
Total grants, contributions, etc.$321,907
Program services$2,835,006
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$9,330
Total revenues$3,166,243

Form 990s for Florida Thoroughbred Breeders Association

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-07990View PDF
2022-062023-02-07990View PDF
2021-062022-03-07990View PDF
2020-062021-04-23990View PDF
2019-062020-09-30990View PDF
...and 9 more Form 990s
Data update history
December 25, 2023
Received grants
Identified 1 new grant, including a grant for $10,250 from Louis E and Patrice J Wolfson Foundation
November 6, 2023
Updated personnel
Identified 10 new personnel
August 9, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 15, 2023
Updated personnel
Identified 12 new personnel
Nonprofit Types
Business and community development organizationsAgricultural programsHeadquarter / parent organizations
Issues
Human servicesCommunity improvementAgricultureBusiness and industry
Characteristics
State / local level
General information
Address
801 SW 60th Ave
Ocala, FL 34474
Metro area
Ocala, FL
County
Marion County, FL
Website URL
ftboa.com/ 
Phone
(352) 629-2160
IRS details
EIN
59-0944678
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1967
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
K20: Agricultural Programs
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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