QUARTER HORSE RACING ASSOCIATION OF INDIANA INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: QUARTER HORSE RACING ASSOCIATION OF INDIANA INC (EIN 35-1494271)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-15
IRS object ID: 202413209349310936
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-15T12:52:59-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	134205972	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KAHRE & ASSOCIATES PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1118 N MAIN SUITE A	AddressLine1Txt
City	FRANKLIN	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46131	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	351494271	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	QUARTER HORSE RACING ASSOCIATION OF INDIANA INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	QUAR	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 399	AddressLine1Txt
City	SHELBYVILLE	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	461760399	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TERESA MYERS	PersonNm
Person Title	EXECUTIVE DIREC	PersonTitleTxt
Phone	2607265090	PhoneNum
Signature	2024-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID A KAHRE CPA	PreparerPersonNm
PTIN	P00290096	PTIN
Phone	3177367440	PhoneNum
Preparation	2024-11-15	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	TERESA MYERS	PrincipalOfficerNm
Gross Receipts	$1,356,291	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	HTTPS://INDIANAQUARTERHORSERACING.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1966	FormationYr
Legal Domicile State	IN	LegalDomicileStateCd
Activity Or Mission	THE ASSOCIATIONS MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA.	ActivityOrMissionDesc
Voting Members Governing Body	12	VotingMembersGoverningBodyCnt
Voting Members Independent	12	VotingMembersIndependentCnt
Total Employee	1	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$1,376,060	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,350,938	CYProgramServiceRevenueAmt
PY Investment Income	-$14,507	PYInvestmentIncomeAmt
CY Investment Income	$5,353	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$1,361,553	PYTotalRevenueAmt
CY Total Revenue	$1,356,291	CYTotalRevenueAmt
PY Grants And Similar Paid	$57,305	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$58,303	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$42,934	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$17,941	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,210,349	PYOtherExpensesAmt
CY Other Expenses	$1,222,606	CYOtherExpensesAmt
PY Total Expenses	$1,310,588	PYTotalExpensesAmt
CY Total Expenses	$1,298,850	CYTotalExpensesAmt
PY Revenues Less Expenses	$50,965	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$57,441	CYRevenuesLessExpensesAmt
Total Assets BOY	$902,906	TotalAssetsBOYAmt
Total Assets EOY	$1,022,687	TotalAssetsEOYAmt
Total Liabilities BOY	$652,173	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$714,513	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$250,733	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$308,174	NetAssetsOrFundBalancesEOYAmt
Mission	THE ASSOCIATIONS MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$1,298,850	ExpenseAmt
Grant	$58,303	GrantAmt
Revenue	$1,350,938	RevenueAmt
Desc	THE ASSOCIATION HAS APPROXIMATELY 292 MEMBERS. THE ASSOCIATION NEGOTIATED AND EXECUTED CONTRACTS FOR THE 2023 RACING SEASON WITH THE INDIANA TRACKS; SUCCESSFULLY CONDUCTED THE ANNUAL STALLION SERVICE AUCTION (SSA) AND THE RELATED ANNUAL SSA FUTURITY RACES AND SSA DERBY RACES; STAKES RACES; AND PROMOTED THE COMMON BUSINESS INTERESTS OF THE INDIANA QUARTER HORSE INDUSTRY.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	THE ASSOCIATION RECEIVED APPROVAL FROM THE INDIANA HORSE RACING COMMISSION TO BE A REGISTERED HORSEMENS ASSOCIATION TO RECEIVE FUNDS ON BEHALF OF INDIANA QUARTER HORSE HORSEMEN UNDER INDIANA CODE SECTION 4-35-7-12 FOR 2023. THE ACTIVITIES CONDUCTED IN 2023 WITH FUNDS RECEIVED PURSUANT TO IC 4-35-7-12 INCLUDE:EQUINE PROMOTION,EQUINE RESCUE,BENEVOLENCE,DENTAL AND OPTICAL PROGRAM,EMERGENCY ASSISTANCE,ACCIDENT INSURANCE,HORSEMENS ASSISTANCE,SCHOLARSHIPS,AND ADMINISTRATIVE EXPENSES.ALL FUNDS SPENT PURSUANT TO INDIANA CODE SECTION 4-35-7-12 MUST BE APPROVED BY, OR BE INCLUDED IN THE BUDGET APPROVED BY, THE INDIANA HORSE RACING COMMISSION.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$1,298,850	TotalProgramServiceExpensesAmt
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	Yes (true)	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	17	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	1	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	12	GoverningBodyVotingMembersCnt
Independent Voting Member	12	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	TERESA MYERS	PersonNm
Phone	2607265090	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 399	AddressLine1Txt
City	SHELBYVILLE	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	461760399	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
TERESA MYERS
SECRETARYINTERIM EXECUTIVE D	40.00	0.00	Yes (X)	Yes (X)	$42,600	$0	$0
DIANNE BENNETT
EXECUTIVE DIRECTOR	40.00	0.00	Yes (X)	Yes (X)	$16,583	$0	$0
JESSICA VAZQUEZ
DIRECTOR	1.00	0.00	Yes (X)		$2,000	$0	$0
ROGER BEAM
DIRECTOR	1.00	0.00	Yes (X)		$750	$0	$0
TIM EGGLESTON
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
PAM HANN
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
GARY FOUTS
DIRECTOR	0.00	1.00	Yes (X)		$0	$0	$0
TYLER MARTIN
DIRECTOR	0.00	0.00	Yes (X)		$0	$0	$0
NATASHA PEREZ
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
VICKIE DUKE
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
JILL PATRICK
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
NICK JOHNSON
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
CHRIS DUKE
PRESIDENT	4.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
ABBIE HAFFNER
DIRECTORSECRETARY	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
STEPHANIE MCCONNELL
DIRECTORVICE PRESIDENT	1.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
JAMES HURLEY
TREASURER	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
PAUL MARTIN
PRESIDENT	2.00	0.00		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$61,933	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
IC 4-35-7-12 REVENUE	561499	$308,064	$308,064
STAKES RACES	561499	$655,184	$655,184
SPEED SALE	561499	$166,599	$166,599
SSA ENTRY FEES	561499	$57,640	$57,640
SSA STUD FEES	561499	$136,300	$136,300

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$27,151	TotalRevenueColumnAmt
Related Or Exempt Func Income	$27,151	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,350,938	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,353	TotalRevenueColumnAmt
Exclusion	$5,353	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,356,291	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,350,938	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$5,353	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$15,000	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$43,303	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$16,583	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,358	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$21,478	TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$43,000	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$58,600	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$52,208	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$25,336	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$25,520	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$34,783	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,352	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,363	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
STAKES RACES EXPENSES	$568,360	$568,360
SPEED SALE EXPENSES	$172,487	$172,487
SSA RACES EXPENSES	$136,770	$136,770
TROPHIES & AWARDS	$32,844	$32,844

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$47,505	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,298,850	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$271,348	BOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$627,036	BOYAmt
EOY	$1,016,017	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$5,082	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,087	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$3,550	BOYAmt
EOY	$2,995	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$972	BOYAmt
EOY	$3,675	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$902,906	BOYAmt
EOY	$1,022,687	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$652,173	BOYAmt
EOY	$714,513	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$652,173	BOYAmt
EOY	$714,513	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$250,733	BOYAmt
EOY	$308,174	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$250,733	BOYAmt
EOY	$308,174	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$902,906	BOYAmt
EOY	$1,022,687	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$57,441	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd
Accountant Compile Or Review	Yes (true)	AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
FS Audited	false	FSAuditedInd
Audit Committee	false	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Substantially All Dues Nonded	Yes (true)	SubstantiallyAllDuesNondedInd
Only In House Lobbying	false	OnlyInHouseLobbyingInd
Agree Carryover Prior Year	false	AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,082	OtherCostOrOtherBasisAmt
Depreciation	$2,087	DepreciationAmt
Book Value	$2,995	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,995	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
IC 4-35-7-12 RESTRICTED FUND ADV	$407,205
CONTRACTUAL COMMITMENTS	$307,266
ACCRUED PAYROLL TAXES	$42

Field	Value	IRS element (for citing)
Total Liability	$714,513	TotalLiabilityAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
HORSE ANGELS INC
8262 SWITCHBOARD	SPENCER	IN	47460	141927122	501C3	$9,000	BACKSIDE PROGRAMS
OTTO THORWARTH MINISTRIES INC
PO BOX 274	FAIRLAND	IN	46126	853349314	501C3	$6,000	RELIGIOUS PURPOSES

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
BENEVOLENCE	21	$25,303
EMERGENCY FUND	5	$7,000
SCHOLARSHIPS	7	$11,000

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Officer directors etc family relationship Part VI line 2	CHRIS DUKE IS THE SON OF VICKIE DUKE. BOTH WERE ON THE BOARD IN 2023. TYLER MARTIN IS THE SON OF PAUL MARTIN. EACH WAS ON THE BOARD FOR A PART OF 2023. ABBIE HAFFNER IS THE NIECE OF TERESA MYERS. BOTH WERE ON THE BOARD IN 2023.
Members or stockholder classes and rights Part VI line 6	THE ASSOCIATION HAS APPROXIMATELY 292 MEMBERS.
Member election for additional members Part VI line 7a	MEMBERS ELECT THE BOARD OF DIRECTORS ANNUALLY TO FILL OPEN POSITIONS. DIRECTORS ARE ELECTED TO A THREE YEAR TERM.
Governing body meeting documentation Part VI line 8a	MONTHLY BOARD MINUTES ARE KEPT DUCUMENTING EACH MONTHLY BOARD MEETING. THESE ARE AVAILABLE FOR PUBLIC INSPECTION AND ARE POSTED ON THE ORGANIZATIONS WEBSITE.
Committee meeting documentation Part VI line 8b	MONTHLY BOARD MINUTES ARE KEPT DUCUMENTING EACH MONTHLY BOARD MEETING. THE MINUTES INCLUDE ACTIONS OF COMMITTEES. THESE ARE AVAILABLE FOR PUBLIC INSPECTION AND ARE POSTED ON THE ORGANIZATIONS WEBSITE.
Form 990 governing body review Part VI line 11	THE FORM 990 IS REVIEWED AND APPROVED BY MEMBERS OF THE ASSOCIATIONS BOARD OF DIRECTORS PRIOR TO FILING.
Conflict of interest policy compliance Part VI line 12c	THE ASSOCIATIONS BOARD MEMBERS MUST SIGN AN AFFIRMATION THAT THEY HAVE COMPLIED WITH THE ASSOCIATIONS CONFLICT OF INTEREST POLICY.
Governing documents etc available to public Part VI line 19	THE ASSOCIATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
Other or change in accounting method Part XII line 1	THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING.