2025-04-23T10:51:46-04:00 2024-06-30 590548468 PURVIS GRAY & COMPANY LLP 2347 SE 17TH STREET OCALA FL 34471 990 2023-07-01 590944678 FLORIDA THOROUGHBRED BREEDERS ASSOC INC FLOR 3526292160 801 SW 60TH AVENUE OCALA FL 34474 LONNY T POWELL CEO & EXECUTIVE VP 3526292160 2025-04-19 true true HELEN Y PAINTER CPA P00414072 3527323872 2025-04-19 2023 2025-03-06 01:10:19Z FLORIDA THOROUGHBRED BREEDERS AND PEGGY YOST 801 SW 60TH AVENUE OCALA FL 34474 7464689 false X WWW.FTBOA.COM X 1967 FL TO PROMOTE THE THOROUGHBRED HORSE INDUSTRY IN THE STATE OF FLORIDA 15 15 9 15 0 321907 344228 2835006 7089915 27530 9330 1505 3166243 7463178 711600 3867191 0 1166664 1217086 0 0 1035833 1285950 2914097 6370227 252146 1092951 6512648 8140154 201590 735840 6311058 7404314 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 true true false false false false false false false false false false false true true true false true 49 0 true 9 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 343800 0 29637 PEGGY YOST CFO 40.00 X 130629 0 5600 STEPHEN KOCH OPERATIONS 40.00 X 101375 0 16455 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 BECKIE CANTRELL DIRECTOR- FR 1.00 X 0 0 0 VALERIE DAILEY DIRECTOR- FR 1.00 X 0 0 0 BRENT FERNUNG DIRECTOR 1.00 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 THR 1.00 X 0 0 0 RICHARD KENT DIRECTOR THR 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 THR 1.00 X 0 0 0 575804 51692 3 false true false SMITH BRYAN & MYERS 311 E PARK AVE TALLAHASSEE FL 32301 LOBBYING 119354 1 92163 196578 55487 344228 PERCENTAGE FROM SLOTS&EW AGR. 561000 5831932 5831932 ADMIN FEES 561000 690608 690608 FOAL AND STAKES REGISTRATIONS 561000 567375 567375 7089915 27530 27530 1511 1511 MISC. INCOME 561000 1185 1185 COMPUTER PEDIGREES 900099 320 320 1505 7463178 7090235 28715 2736300 1130891 557079 486116 10515 101782 61594 74773 49600 122566 113101 96091 19404 38665 46406 3321 880 41279 43665 PROMOTIONS 502975 ANNUAL AWARDS DINNER 45741 BREEDERS AWARDS EXP 40377 PLAQUES & AWARDS 18837 28269 6370227 0 0 0 4670862 6197407 182443 305815 322113 281632 5502 3991 25321 25924 1090832 687902 384257 402930 850068 850373 72082 72082 6512648 8140154 119332 677061 38925 33238 43333 25541 201590 735840 X 6311058 7404314 6311058 7404314 6512648 8140154 X 1092951 305 X false true X true false 55721 X false 26652 26652 718146 437026 281120 346034 250876 95158 402930 FL EQUINE PUBLICATIONS, INC. 850373 C 850373 CAPITAL LEASE 13266 OPERATING LEASE 12275 25541 X SCHEDULE D, PAGE 1, PART III, LINE 1A THE ASSOCIATION IS THE OWNER OF A COLLECTION OF HORSE MEMORABILIA DONATED BY TARTAN FARMS AND THE ESTATE OF LOUIS E. WOLFSON. IN ACCORDANCE WITH ASC 958-50-6, 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 2021, 2022, AND 2023, 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 467200 PURSE SUPPLEMENT GULFSTREAM PARK 901 SOUTH FEDERAL HIGHWAY HALLANDALE BEACH FL 33009 590526292 1152000 PURSE SUPPLEMENT HART BREEDERS LLC 20551 SE 32ND PL MORRISTON FL 326683414 010553619 7963 BREEDER AWARDS ALL IN LINE STABLES LLC 4190 SE 212TH CT MORRISTON FL 32668 010814696 7063 BREEDER AWARDS MONARCH STABLE INC 5 FIFTH STREET PEABODY MA 01960 042616104 8688 BREEDER AWARDS ENGLISH RANGE FARM 12050 NW 100TH STREET OCALA FL 34482 061666548 17825 BREEDER AWARDS PURPLE HAZE STABLES 16 BEAUCLAIRE LN FAIRPORT NY 144504618 200875792 9325 BREEDER AWARDS PONDER HILL INC 2031 NW 15TH STREET CRYSTAL RIVER FL 34428 201568653 6188 BREEDER AWARDS ARINDEL PO BOX 772289 OCALA FL 344772289 201919001 61569 BREEDER/STALLION AWA DESTINY OAKS OF OCALA 12370 NW HIGHWAY 464B OCALA FL 344821770 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472103385 19713 BREEDER AWARDS AL SHAQAB RACING 838 E HIGH ST SUITE 253 LEXINGTON KY 40502 472171026 5550 BREEDER AWARDS GOOD BEGINNINGS FARM 6765 NW 73RD LANE OCALA FL 34482 472308264 5494 BREEDER AWARDS STONEHEDGE LLC PO BOX 381 TYNGSBORO MA 018790381 474660691 70481 BREEDER AWARDS LAMBHOLM PO BOX 670 FAIRFIELD FL 326340670 541218757 8019 BREEDER AWARDS NORTHWEST STUD 1000 E HALLANDALE BEACH BLVD UNIT 1-108 HALLANDALE BEACH FL 33009 562334436 10000 STALLION AWARDS DONARRA THOROUGHBREDS LLC 10475 NW 28TH PL OCALA FL 344822597 562425919 5925 BREEDER AWARDS OCALA STUD PO BOX 818 OCALA FL 344780818 592428740 98769 BREEDER/STALLION AWA RUSTLEWOOD FARM INC 7604 NW 125TH ST REDDICK FL 326864526 592852689 13275 BREEDER AWARDS CRAIG WHEELER THOROUGHBREDS INC 12200 NW HIGHWAY 225 REDDICK FL 326864336 592919917 6688 BREEDER AWARDS MCKATHAN BROTHERS 14140 N US HIGHWAY 301 CITRA FL 321133630 592991605 10138 BREEDER AWARDS SOUTHWIND STABLES INC PO BOX 783307 WINTER GRADEN FL 34778 593305906 5100 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92677 820815741 8050 BREEDER AWARDS MEEHAN AND PETIKA STABLES LLC 966 CYPRESS LAKES BLVD TARPON SPRINGS FL 34688 825265300 9938 BREEDER AWARDS IRISH EYES STABLE 3665 NW 35TH ST COCONUT CREEK FL 330662434 881515947 7538 BREEDER AWARDS KENNETH W MCFARLAND TRUST 6980 SW 72ND CT OCALA FL 34476 926306010 7663 BREEDER AWARDS 56 BREEDER & STALLION AWARDS 232 1130891 CASH 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 307280 29000 7520 11917 17720 373437 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. 305 TOTAL 305 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 375984 1081428 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 196578 FAIR MARKET VALUE