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Nonprofit · EIN 26-2861555

THOROUGHBRED CHARITIES OF AMERICA INC

Tax-exempt · LEXINGTON, KY 40504

Financials

$1.6M$1.2M2023$895K$1.5M2024$1.3M$1.5M2025
Revenue Expenses · by fiscal year end
Financials of THOROUGHBRED CHARITIES OF AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,337,047$1,521,230-$184,183$1,302,626$172,178$1,130,448
December 31, 2024990$895,262$1,450,499-$555,237$1,350,850$30,623$1,320,227
December 31, 2023990$1,572,167$1,195,112$377,055$1,955,582$85,687$1,869,895
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,305,340
Program service revenue
$0
Investment income
$23,796
Net income from fundraising events
$7,911
Other revenue
$7,911

Expenses

Grants and similar amounts paid
$1,191,398
Compensation of officers, directors and key employees
$115,420
Other salaries and wages
$56,733
Salaries, compensation and benefits (total)
$213,064
Professional fundraising fees
$0
Legal fees
$9,840
Accounting fees
$15,275
Travel
$5,230
Depreciation
$13,511
Program services (functional)
$1,488,247
Management and general (functional)
$23,088
Fundraising (functional)
$9,895

Balance sheet and other

Total assets, start of year
$1,350,850
Total assets, end of year
$1,302,626
Total liabilities, end of year
$172,178
Net assets, end of year
$1,130,448
Publicly traded securities
$374,111
Net assets without donor restrictions
$608,009
Net assets with donor restrictions
$522,439
Gross receipts
$3,129,968
Employees
2
Year formed
2008
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.

NameTitleHours / weekCompensation
Erin CradyExecutive Director40$115,420
CARRIE BROGDENDirector
Trustee or director
1$0
CHRISTIAN ERICKSONDirector
Trustee or director, Officer
1$0
TORIE GLADWELLDirector
Trustee or director
1$0
BEN BERNHARDDirector
Trustee or director
1$0
MARETTE FARRELLVice President
Trustee or director
1$0
SHANNON GRIFFINSecretary
Trustee or director, Officer
2$0
DAN METZGERDirector
Trustee or director, Officer
1$0
JONATHAN GREENDirector
Trustee or director
1$0
GARY MANDELLADirector
Trustee or director
1$0
LIAM O'ROURKEDirector
Trustee or director
1$0
RYAN MAHANDirector
Trustee or director
1$0
MANDY POPEDirector
Trustee or director
1$0
BROOK SMITHDirector
Trustee or director
1$0
MICHAEL MCMAHONPresident
Trustee or director, Officer
10$0
2 more people on this return
NameTitleHours / weekCompensation
JESSE ULLERYDirector
Trustee or director
1$0
CATHY SHIRCLIFFDirector
Trustee or director
1$0
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensation
CARRIE BROGDENDirector
Trustee or director
1$0
LESLEY CAMPIONVice President
Trustee or director, Officer
1$0
TORIE GLADWELLDirector
Trustee or director
1$0
BEN BERNHARDDirector
Trustee or director
1$0
MARETTE FARRELLSecretary
Trustee or director
1$0
SHANNON GRIFFINDirector
Trustee or director, Officer
2$0
DAN METZGERDirector
Trustee or director, Officer
1$0
MARSHALL GRAMMTreasurer
Trustee or director
1$0
LEAH O'MEARADirector
Trustee or director
1$0
LIAM O'ROURKEDirector
Trustee or director
1$0
MORGAN RICHARDSONDirector
Trustee or director
1$0
RYAN MAHANDirector
Trustee or director
1$0
MANDY POPEDirector
Trustee or director
1$0
BROOK SMITHDirector
Trustee or director
1$0
MICHAEL MCMAHONPresident
Trustee or director, Officer
10$0
JESSE ULLERYDirector
Trustee or director
1$0
CATHY SHIRCLIFFDirector
Trustee or director
1$0
Erin HalliwellExecutive Director40$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAN METZGERDirector
Trustee or director, Officer
1$0$288,374$12,600
Erin HalliwellExecutive Director40$109,196$0$0
CARRIE BROGDENDirector
Trustee or director
1$0$0$0
LESLEY CAMPIONVice President
Trustee or director, Officer
1$0$0$0
TORIE GLADWELLDirector
Trustee or director
1$0$0$0
CASSIDY GAFFALIONEDirector
Trustee or director
1$0$0$0
MARETTE FARRELLSecretary
Trustee or director
1$0$0$0
BRANT LAUEDirector
Trustee or director, Officer
2$0$0$0
MARSHALL GRAMMTreasurer
Trustee or director
1$0$0$0
LEAH O'MEARADirector
Trustee or director
1$0$0$0
LIAM O'ROURKEDirector
Trustee or director
1$0$0$0
MORGAN RICHARDSONDirector
Trustee or director
1$0$0$0
RYAN MAHANDirector
Trustee or director
1$0$0$0
JASON LOUTSCHDirector
Trustee or director
1$0$0$0
BROOK SMITHDirector
Trustee or director
1$0$0$0
MICHAEL MCMAHONPresident
Trustee or director, Officer
10$0$0$0
JESSE ULLERYDirector
Trustee or director
1$0$0$0
CATHY SCHIRCLIFFDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
2365 HARRODSBURG RD STE B240, LEXINGTON, KY 40504-3376
In care of
% CARL GOUGH
Signed the 990
MICHAEL MCMAHON, President
Phone
(859) 276-4989
Return prepared by
Summers McCrary & Sparks PSC

Mission

TCA's mission is to fund and facilitate the support of Thoroughbreds and the people who care for them.

990 for the year ended December 31, 2025

Program accomplishments

  • TCA's mission is to fund and facilitate the support of Thoroughbreds and the people who care for them.
    Expenses $1,488,247

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-2861555
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Animal-related (D11)
Assets (IRS master file)
$1,302,626
Income (IRS master file)
$3,129,968

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,337,047$1,521,230$1,302,626XML
990December 2024$895,262$1,450,499$1,350,850XML
990December 2023$1,572,167$1,195,112$1,955,582XML
990December 2022$1,190,737$1,090,271$1,533,312IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 26-2861555).

Questions about THOROUGHBRED CHARITIES OF AMERICA INC

What is the EIN of THOROUGHBRED CHARITIES OF AMERICA INC?
The employer identification number (EIN) of THOROUGHBRED CHARITIES OF AMERICA INC is 26-2861555.
Is THOROUGHBRED CHARITIES OF AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to THOROUGHBRED CHARITIES OF AMERICA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does THOROUGHBRED CHARITIES OF AMERICA 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 THOROUGHBRED CHARITIES OF AMERICA 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 THOROUGHBRED CHARITIES OF AMERICA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who are the officers and directors of THOROUGHBRED CHARITIES OF AMERICA INC?
The 990 for the year ended December 31, 2025 lists 17 people; 1 received compensation from the organization, the highest $115,420 (Erin Crady, Executive Director).
How much revenue does THOROUGHBRED CHARITIES OF AMERICA INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,337,047, expenses of $1,521,230 and total assets of $1,302,626 at year end.

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