2024-03-07T12:52:33-05:00 2023-06-30 590548468 PURVIS GRAY & COMPANY LLP 2347 SE 17TH STREET OCALA FL 34471 990 2022-07-01 590944678 FLORIDA THOROUGHBRED BREEDERS ASSOC INC FLOR 3526292160 801 SW 60TH AVENUE OCALA FL 34474 LONNY T POWELL CEO & EXECUTIVE VP 3526292160 2024-02-26 true LONNY T POWELL 999009999 true HELEN Y PAINTER CPA P00414072 3527323872 2024-02-26 2022 2023-04-26 12:10:37Z FLORIDA THOROUGHBRED BREEDERS AND PEGGY YOST 801 SW 60TH AVENUE OCALA FL 34474 3167091 false X WWW.FTBOA.COM X 1967 FL TO PROMOTE THE THOROUGHBRED HORSE INDUSTRY IN THE STATE OF FLORIDA 15 15 10 15 0 308546 321907 2580311 2835006 0 2573 9330 2891430 3166243 613600 711600 0 971393 1166664 0 0 877386 1035833 2462379 2914097 429051 252146 6294766 6512648 224782 201590 6069984 6311058 X TO PROMOTE THE THOROUGHBRED HORSE INDUSTRY IN THE STATE OF FLORIDA. false false 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. REGISTRATION OF FLORIDA-BRED FOALS AND REGISTRATION OF STALLIONS STANDING AT STUD IN THE STATE OF FLORIDA. ADVERTISING AND PROMOTION OF THE FLORIDA HORSE INDUSTRY. ADMINISTRATION OF THE FLORIDA SIRE STAKES PROGRAM. false false false false false false true false false true true false false true true false true false false false false false false false false false true false true false false false false false false false false false false false true true true false true 21 0 true 10 true false false false false false false false false X 15 15 false false false false true true false true true false false false true false true true true true false false X X PEGGY YOST 3526292160 801 SW 60TH AVENUE OCALA FL 34474 LONNY T POWELL CEO & EXECUT 40.00 X 318075 0 29624 PEGGY YOST CFO 40.00 X 111731 0 7069 FRED BREI DIRECTOR THR 1.00 X 0 0 0 T PAUL BULMAHN DIRECTOR 1.00 X 0 0 0 JERRY CAMPBELL DIRECTOR 1.00 X 0 0 0 MARILYN CAMPBELL DIRECTOR 1.00 X 0 0 0 PHIL MATTHEWS DVM PAST PRES. T 1.00 X X 0 0 0 BRENT FERNUNG TREASURER TH 1.00 X X 0 0 0 LAURINE FULLER-VARGAS DIRECTOR 1.00 X 0 0 0 MIKE HALL DIRECTOR 1.00 X 0 0 0 JOSEPH M O'FARRELL III TREASURER 1.00 X X 0 0 0 GEORGE ISAACS PRESIDENT 1.00 X X 0 0 0 BOBBY JONES DIRECTOR 1.00 X 0 0 0 RICHARD KENT DIRECTOR 1.00 X 0 0 0 MILAN KOSANOVICH DIRECTOR 1.00 X 0 0 0 MARY LIGHTNER DIRECTOR 1.00 X 0 0 0 NICK DE MERIC SECRETARY 1.00 X X 0 0 0 GEORGE RUSSELL 1ST VICE PRE 1.00 X X 0 0 0 FRANCIS VANLENGENDONCK 2ND VICE PRE 1.00 X X 0 0 0 DR FRED YUTANI DIRECTOR 1.00 X 0 0 0 429806 36693 2 false true false SMITH BRYAN & MYERS 311 E PARK AVE TALLAHASSEE FL 32301 LOBBYING 116806 1 99050 168277 54580 321907 PERCENTAGE FROM SLOTS&EW AGR. 561000 1540945 1540945 ADMIN FEES 561000 722511 722511 FOAL AND STAKES REGISTRATIONS 561000 571550 571550 2835006 848 848 MISC. INCOME 561000 8729 8729 COMPUTER PEDIGREES 900099 601 601 9330 3166243 2835607 8729 711600 548533 452345 4458 127514 33814 73732 47500 118785 110859 105683 25829 37679 40258 3098 1217 29504 44224 PROMOTIONS 277266 ANNUAL AWARDS DINNER 44386 BREEDERS AWARDS EXP 37796 PLAQUES & AWARDS 15338 22679 2914097 0 0 0 4113220 4670862 260009 182443 591506 322113 21 5376 5502 26530 25321 1092534 708277 364882 384257 861140 850068 72082 72082 6294766 6512648 166393 119332 35400 38925 22989 43333 224782 201590 X 6069984 6311058 6069984 6311058 6294766 6512648 X 252146 -11072 X false true X true false 55721 X false 26652 26652 712491 417713 294778 353391 290564 62827 384257 FL EQUINE PUBLICATIONS, INC. 850068 C 850068 OPERATING LEASE 25072 CAPITAL LEASE 18261 43333 X SCHEDULE D, PAGE 1, PART III, LINE 1A THE ASSOCIATION IS THE OWNER OF A COLLECTION OF HORSE MEMORABILIA DONATED BY TARTAN FARMS. IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 958-360-25, THE ASSOCIATION DOES NOT CAPITALIZE COLLECTION ITEMS DONATED FOR PUBLIC DISPLAY AND EDUCATIONAL PURPOSES. THERE ARE ALSO CURRENTLY THREE OTHER COLLECTIONS ON EXHIBIT THAT ARE ON LOAN FROM THEIR OWNERS. ALL OF THE COLLECTIONS ARE RELATED TO THE THOROUGHBRED INDUSTRY IN FLORIDA. THEY ARE ALL PROTECTED BY SECURITY PROVISIONS AS WELL AS INSURANCE COVERAGE BY THE ASSOCIATION. SCHEDULE D, PAGE 2, PART III, LINE 4 THE ORGANIZATION MAINTAINS HISTORICAL COLLECTION ITEMS RELATING TO THE THOROUGHBRED RACING INDUSTRY. THE COLLECTIONS HELP PROMOTE THE INDUSTRY. SCHEDULE D, PAGE 3, PART X IN ACCORDANCE WITH ASC TOPIC 740, INCOME TAXES, IT IS THE POLICY OF MANAGEMENT TO EVALUATE ITS TAX POSITIONS ON AN ONGOING BASIS AND TO DISCLOSE ANY SUCH POSITIONS IT BELIEVES WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS AND RELATED NOTES. MANAGEMENT ALSO BELIEVES THAT NO SUCH REQUIRED DISCLOSURES CURRENTLY EXIST. THE COMPANYS FEDERAL INCOME TAX RETURNS FOR 2020, 2021, AND 2022, ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THE THREE YEARS AFTER THEY WERE FILED. THE COMPANY RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES, IF ANY, IN OPERATING EXPENSES. true TAMPA BAY DOWNS INC PO BOX 1531 TAMPA FL 33601 592747715 286500 PURSE SUPPLEMENT GULFSTREAM PARK 901 SOUTH FEDERAL HIGHWAY HALLANDALE BEACH FL 33009 590526292 425000 PURSE SUPPLEMENT 2 SCHEDULE I, PAGE 1, PART I, LINE 2 ORGANIZATION HAS A MEMORANDUM OF UNDERSTANDING BETWEEN BOTH TAMPA BAY DOWNS AND GULFSTREAM PARK AND ITSELF TO DESCRIBE THE PROCESS AS TO WHICH THE PURSE SUPPLEMENTS ARE GIVEN. THERE IS A SPECIFIED CRITERIA WHICH MUST BE MET BEFORE AWARD IS GIVEN. X X true true X X false false false LONNY T POWELL CEO & EXECUTIVE VP 281337 26375 10363 11960 17664 347699 SCHEDULE J, PAGE 1, PART I, LINE 1A FIRST CLASS AIR TRAVEL IS REQUIRED BY DOCTOR LETTER. TRAVEL FOR COMPANIONS IS INCLUDED IN TAXABLE WAGES. FORM 990, PAGE 1, ITEM C OWNERS ASSOCIATION FORM 990, PAGE 2, PART III, LINE 4D ADMINISTRATION OF THE FLORIDA SIRE STAKES PROGRAM. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION COLLECTS ANNUAL DUES FROM MEMBERS. MEMBERS RECEIVED DISCOUNTS ON HORSE REGISTRATION FEES AND ARE ALSO ABLE TO VOTE FOR AND ELECT THE BOARD OF DIRECTORS OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A REGULAR FLORIDA THOROUGHBRED BREEDER'S ASSOCIATION MEMBERS VOTE FOR AND ELECT THE BOARD OF DIRECTORS OF THE ASSOCIATION. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S CFO REVIEWS THE FORM 990 FOR ACCURACY AND SUBMITS TO THE BOARD PRESIDENT AND/OR CEO FOR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY HAVING ITS DIRECTORS DISCLOSE ANY POTENTIAL CONFLICT REGARDING A MATTER BEFORE THE BOARD AND REFRAINING FROM PARTICIPATING IN THE DISCUSSION OR VOTE ON SUCH MATTER. FORM 990, PAGE 6, PART VI, LINE 15A FOR THE PROCESS OF HIRING A NEW EXECUTIVE DIRECTOR, THE ORGANIZATION USED THE SERVICES OF AN INDEPENDENT SEARCH FIRM WHICH ALSO PARTICIPATED IN THE RECOMMENDATION OF A COMPENSATION PACKAGE. THE FINAL APPROVAL WAS MADE BY THE FULL BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE THROUGH GUIDESTAR.COM AND UPON REQUEST. THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE ON THE ASSOCIATION'S WEBSITE. FORM 990, PART XI, LINE 9 CHANGE IN EQUITY IN 0 FLORIDA EQUINE PUBLICATIONS, INC. -11,072 TOTAL -11,072 FLORIDA THOROUGHBRED CHARITIES INC 801 SW 60TH AVENUE OCALA FL 34474 592991947 FUNDRAISIN FL 501C3 10 N/A false OCALA THOROUGHBRED RACING INC 801 SW 60TH AVENUE OCALA FL 34475 452395614 PROMOTE FL 501C5 N/A false FLORIDA EQUINE PUBLICATIONS INC 801 SW 60TH AVENUE OCALA FL 34474 593406060 ADVERTISIN FL FTBOA C CORP 452174 1040849 1.00000 false false false false false false false false false false false false true true true true true true false false FLORIDA EQUINE PUBLICATIONS L 168277 FAIR MARKET VALUE