Nonprofit · EIN 20-2947614
SECOND STRIDE INC
Tax-exempt · PROSPECT, KY 40059
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $858,058 | $847,606 | $10,452 | $153,967 | $50,166 | $103,801 |
| December 31, 2024 | 990 | $735,698 | $1,011,431 | -$275,733 | $141,938 | $53,351 | $88,587 |
| December 31, 2023 | 990 | $702,757 | $783,815 | -$81,058 | $364,513 | $193 | $364,320 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $687,725
- Program service revenue
- $95,035
- Investment income
- $792
- Net income from fundraising events
- $44,861
- Net income from gaming
- $27,171
- Other revenue
- $74,506
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $45,500
- Other salaries and wages
- $114,820
- Salaries, compensation and benefits (total)
- $175,873
- Professional fundraising fees
- $0
- Accounting fees
- $15,174
- Program services (functional)
- $727,176
- Management and general (functional)
- $95,992
- Fundraising (functional)
- $24,438
Balance sheet and other
- Total assets, start of year
- $141,938
- Total assets, end of year
- $153,967
- Total liabilities, end of year
- $50,166
- Net assets, end of year
- $103,801
- Land, buildings and equipment
- $1,330
- Net assets without donor restrictions
- $103,801
- Gross receipts
- $903,821
- Employees
- 4
- Volunteers
- 30
- Year formed
- 2005
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY S SMITH | PRESIDENT Trustee or director, Officer | 40 | $45,500 |
| JEFF WILLARD DVM | DIRECTOR Trustee or director, Officer | 2 | $0 |
| LAURA FORBES ESQ CPA | CHAIR Trustee or director, Officer | 2 | $0 |
| GLENN CURRY EA | TREASURER Trustee or director, Officer | 2 | $0 |
| LAUREN SMITH | SECRETARY Trustee or director, Officer | 2 | $0 |
| GARY PALMISANO | VICE CHAIR Trustee or director | 2 | $0 |
| SEAN BIERNE | DIRECTOR Trustee or director | 2 | $0 |
| KAREN BABCOCK | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY S SMITH | PRESIDENT Trustee or director, Officer | 40 | $48,150 |
| DR JEFF WILLARD DVM | CHAIR Trustee or director, Officer | 2 | $0 |
| LAURA FORBES ESQ CPA | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| GLENN CURRY EA | TREASURER Trustee or director, Officer | 2 | $0 |
| LAUREN SMITH | SECRETARY Trustee or director, Officer | 2 | $0 |
| GARY PALMISANO | DIRECTOR Trustee or director | 2 | $0 |
| SEAN BIERNE | DIRECTOR Trustee or director | 2 | $0 |
| KAREN BABCOCK | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY S SMITH | PRESIDENT Trustee or director, Officer | 40 | $28,120 |
| DR JEFF WILLARD DVM | CHAIR Trustee or director, Officer | 3 | $0 |
| LAURA FORBES ESQ CPA | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| GLENN CURRY EA | TREASURER Trustee or director, Officer | 2 | $0 |
| LAUREN SMITH | SECRETARY Trustee or director, Officer | 2 | $0 |
| GARY PALMISANO | DIRECTOR Trustee or director | 1 | $0 |
| SEAN BIERNE | DIRECTOR Trustee or director | 1 | $0 |
| KAREN BABCOCK | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 143, PROSPECT, KY 40059-0143
- In care of
- % LAURA FORBES
- Principal officer (990 for 2025)
- KIMBERLY S SMITH, PO BOX 143, PROSPECT, KY 40059
- Signed the 990
- KIMBERLY S SMITH, PRESIDENT
- Phone
- (502) 241-8440
- Return prepared by
- CURRY DRAKE & ASSOCIATES LLC
Mission
WE PROVIDE PROFESSIONAL REHABILITATION, RETRAINING, AND PLACEMENT OF RETIRED THOROUGHBRED RACEHORSES WITH QUALIFIED ADOPTERS. WE SPECIALIZE IN TRANSITIONING THOROUGHBREDS WITH THE PROPER CARE AND QUALITY TRAINING THEY NEED TO SUCCEED IN SOMETHING NEW.
Program accomplishments
- SINCE OUR FOUNDING IN 2005, SECOND STRIDE INC HAS PLACED OVER 2,000 RETIRED THOROUGHBRED RACEHORSES IN NEED WITH QUALIFIED ADOPTERS THROUGHOUT THE UNITED STATES. IN 2025, 130 HORSES WERE TRANSITIONED INTO TRAINING FOR A NEW JOB AND ADOPTED INTO NEW, QUALIFIED HOMES.Expenses $727,176
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2947614
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $153,967
- Income (IRS master file)
- $903,821
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $858,058 | $847,606 | $153,967 | IRS |
| 990 | December 2024 | $735,698 | $1,011,431 | $141,938 | XML |
| 990 | December 2023 | $702,757 | $783,815 | $364,513 | XML |
| 990 | December 2022 | $617,003 | $500,279 | $450,218 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about SECOND STRIDE INC
- What is the EIN of SECOND STRIDE INC?
- The employer identification number (EIN) of SECOND STRIDE INC is 20-2947614.
- Is SECOND STRIDE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to SECOND STRIDE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SECOND STRIDE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SECOND STRIDE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SECOND STRIDE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SECOND STRIDE INC?
- The 990 for the year ended December 31, 2025 names KIMBERLY S SMITH.
- Who are the officers and directors of SECOND STRIDE INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $45,500 (KIMBERLY S SMITH, PRESIDENT).
- How much revenue does SECOND STRIDE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $858,058, expenses of $847,606 and total assets of $153,967 at year end.
Other nonprofits in PROSPECT
- HACET FOUNDATION INC EIN 90-0925621 · last filed 990-PF for 2025
- MARGARET M DECKER FOUNDATION INC EIN 46-5264770 · last filed 990-PF for 2025
- MARSHALL FAMILY FOUNDATION INC EIN 47-5625906 · last filed 990-PF for 2025
- WHIPPOORWILL FAMILY FOUNDATION EIN 45-5631503 · last filed 990-PF for 2024
- BEN STRATFORD MENTAL HEALTH FOUNDATION INC EIN 93-3408759 · last filed 990 for 2025
- NORMA D HANLEY AND THOMAS R HANLEY FOUNDATION EIN 61-1326779 · last filed 990-PF for 2025
- PHOENIX RISING HOPE FOUNDATION EIN 84-7068875 · last filed 990-PF for 2024
- BRYCE C TURNER MEMORIAL FOUNDATION INC EIN 45-5542319 · last filed 990-PF for 2025
All nonprofits in PROSPECT · Kentucky · Philanthropy, voluntarism and grantmaking foundations