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Nonprofit · EIN 27-1622725

RETIRED RACEHORSE PROJECT LTD

Also known as RETIRED RACEHORSE PROJECT

Tax-exempt · EDGEWATER, MD 21037

Financials

$1M$1.1M2023$768K$789K2024
Revenue Expenses · by fiscal year end
Financials of RETIRED RACEHORSE PROJECT LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$767,897$788,880-$20,983$270,953$243,576$27,377
December 31, 2023990$1,029,341$1,069,074-$39,733$369,633$321,273$48,360
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$737,491
Program service revenue
$75,643
Investment income
$54
Net income from fundraising events
-$45,291
Other revenue
-$45,291

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$84,080
Other salaries and wages
$368,379
Salaries, compensation and benefits (total)
$485,734
Professional fundraising fees
$0
Legal fees
$528
Accounting fees
$18,500
Occupancy
$36,220
Depreciation
$7,616
Program services (functional)
$527,295
Management and general (functional)
$141,870
Fundraising (functional)
$119,715

Balance sheet and other

Total assets, start of year
$369,633
Total assets, end of year
$270,953
Total liabilities, end of year
$243,576
Net assets, end of year
$27,377
Land, buildings and equipment
$20,133
Net assets without donor restrictions
$27,377
Gross receipts
$1,272,167
Employees
8
Volunteers
150
Year formed
2010
State of legal domicile
MD

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
KIRSTEN GREENEXECUTIVE DIRECTOR-NON-VOT
Trustee or director
40$84,080
CAROLYN KARLSONEMERITUS MEMBER,NON-VOTING
Trustee or director
2$0
AMANDA DABRUZZOTREASURER
Trustee or director, Officer
2$0
AMANDA STOVERSECRETARY
Trustee or director, Officer
2$0
STEUART PITTMANEMERITUS MEMBER,NON-VOTING
Trustee or director
1$0
GRAHAM ANITA MOTIONBOARD MEMBER
Trustee or director
1$0
RICHARD LAMBBOARD MEMBER
Trustee or director
1$0
JODIE VELLA GREGORYVICE CHAIR
Trustee or director, Officer
1$0
JUDITHANN HARTMANBOARD MEMBER
Trustee or director
1$0
CLARE TOM MANSMANBOARD MEMBER
Trustee or director
1$0
CONSTANCE WICKESBOARD MEMBER
Trustee or director
1$0
SHANNON KELLY REED DVMBOARD MEMBER
Trustee or director
1$0
SARAH WILLIAMSBOARD MEMBER
Trustee or director
1$0
NEIL AGATECHAIR
Trustee or director, Officer
2$0
PATRICK CUMMINGSBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
KIRSTEN GREENEXECUTIVE DIRECTOR-NON-VOT
Trustee or director
40$81,816
CAROLYN KARLSONEMERITUS MEMBER,NON-VOTING
Trustee or director
2$0
AMANDA DABRUZZOTREASURER
Trustee or director, Officer
2$0
AMANDA STOVERSECRETARY
Trustee or director, Officer
2$0
STEUART PITTMANEMERITUS MEMBER,NON-VOTING
Trustee or director
1$0
GRAHAM ANITA MOTIONBOARD MEMBER
Trustee or director
1$0
RICHARD LAMBBOARD MEMBER
Trustee or director
1$0
JODIE VELLA GREGORYVICE CHAIR
Trustee or director, Officer
1$0
JUDITHANN HARTMANBOARD MEMBER
Trustee or director
1$0
CLARE TOM MANSMANBOARD MEMBER
Trustee or director
1$0
CONSTANCE WICKESBOARD MEMBER
Trustee or director
1$0
SHANNON KELLY REED DVMBOARD MEMBER
Trustee or director
1$0
SARAH WILLIAMSBOARD MEMBER
Trustee or director
1$0
NEIL AGATECHAIR
Trustee or director, Officer
2$0
PATRICK CUMMINGSBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3357 HAZELWOOD RD, EDGEWATER, MD 21037-1643
Mailing address (990-N for 2012)
440 Dodon Road, Davidsonville MD 21035
Principal officer (990 for 2024)
KIRSTEN GREEN, 3357 HAZELWOOD ROAD, EDGEWATER, MD 210371643
Principal officer (990-N for 2012)
Steuart L Pittman Jr, 440 Dodon Road, Davidsonville MD 21035
Signed the 990
KIRSTEN GREEN, EXECUTIVE DIRECTOR
Phone
(410) 798-5140
Return prepared by
LEONARD C GREEN & CO PA

Mission

TO FACILITATE THE PLACEMENT OF RETIRED THOROUGHBRED RACEHORSES IN SECOND CAREERS BY EDUCATING THE PUBLIC ABOUT THE HISTORY, DISTINCTIVE CHARACTERISTCS, VERSATILITY OF USE AND APPROPRIATE CARE AND TRAINING OF THE ICONIC AMERICAN THOROUGHBRED.

990 for the year ended December 31, 2024

Program accomplishments

  • THE THOROUGHBRED MAKEOVER AND NATIONAL SYMPOSIUM IS THE ORGANIZATION'S FLAGSHIP PROGRAM, WHICH IS THE MOST LUCRATIVE RETRAINING COMPETITION FOR RECENTLY RETIRED THOROUGHBRED RACEHORSES AND BROODMARES. APPROVED PARTICIPANTS PREPARE ELIGIBLE HORSES OVER THE COURSE OF THE YEAR, CULMINATING IN A 10-DISCIPLINE HORSE SHOW WHICH SHOWCASES THE TRAINABILITY AND VERSATILITY OF THE BREED AND ALSO SERVES AS THE ONLY NATIONAL GATHERING FOR THOSE WORKING IN THE AFTERCARE INDUSTRY. THE MAKEOVER SETS HIGH STANDARDS OF HORSEMANSHIP AND SUPPORTS PARTICIPANTS IN ACHIEVING THOSE STANDARDS THROUGH OUR OTHER EDUCATIONAL PROGRAMS AND RESOURCES. THE RRP GUARANTEES A MINIMUM OF $139,000 IN PRIZE MONEY. REVENUES AND EXPENSES ARE REPRESENTED IN SCHEDULE G.
    Expenses $378,326
  • WEBSITE & NEWSLETTER (DROP "MAGAZINE"): THE RRP WEBSITE IS HOME TO A CURATED EDUCATIONAL LIBRARY AND SELECTION OF TOOLS AND RESOURCES TO SUPPORT THOROUGHBRED OWNERS. THE LIBRARY CONTAINS HUNDREDS OF ORIGINAL ARTICLES AND COLUMNS WHICH INCLUDE THE FULL 10-YEAR ARCHIVE OF THE ORGANIZATION'S PAST QUARTERLY PERIODICAL, "OFF-TRACK THOROUGHBRED MAGAZINE", WITH NEW CONTENT ADDED MONTHLY. THE WEBSITE ALSO HOSTS A FREE LISTING SERVICE FOR THOROUGHBREDS FOR SALE OR ADOPTION AND COLLECTION OF THIRD-PARTY RESOURCES.
    Expenses $23,054 · revenue $34,179
  • GENERAL BREED PROMOTION AND EDUCATION: ON AN ANNUAL BASIS, THE RRP PRODUCES AN AVERAGE OF 10 LIVE CLINICS, DEMOS, AND SEMINARS/WEBINARS WHICH ARE GEARED TOWARDS SUPPORTING THOROUGHBRED OWNERS IN ACHIEVING POSITIVE EXPERIENCES WITH THE BREED. THE ORGANIZATION PRODUCES A LINE LOGOWEAR AND MERCHANDISE FOR BREED FANS. STAFF AUTHORS THIRD-PARTY EDITORIAL, PARTICIPATES IN OUTREACH ACTIVITIES/EVENTS IN THE RACING AND EQUESTRIAN COMMUNITIES, AND PARTERS WITH PEER ORGANIZATIONS IN RAISING AWARENESS ON ISSUES RELATING TO THOROUGHBRED AFTERCARE.
    Expenses $125,915 · revenue $41,464

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1622725
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Animal-related (D60)
Assets (IRS master file)
$270,953
Income (IRS master file)
$1,272,167

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$767,897$788,880$270,953IRS
990December 2023$1,029,341$1,069,074$369,633XML
990December 2022$792,097$959,745$351,491IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2012
Officer: Steuart L Pittman Jr
December 31, 2012≤ $50,000 receipts––e-Postcard

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 27-1622725).

Questions about RETIRED RACEHORSE PROJECT LTD

What is the EIN of RETIRED RACEHORSE PROJECT LTD?
The employer identification number (EIN) of RETIRED RACEHORSE PROJECT LTD is 27-1622725.
Is RETIRED RACEHORSE PROJECT LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to RETIRED RACEHORSE PROJECT LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RETIRED RACEHORSE PROJECT LTD 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 RETIRED RACEHORSE PROJECT LTD due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RETIRED RACEHORSE PROJECT LTD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RETIRED RACEHORSE PROJECT LTD?
The 990 for the year ended December 31, 2024 names KIRSTEN GREEN.
Who are the officers and directors of RETIRED RACEHORSE PROJECT LTD?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $84,080 (KIRSTEN GREEN, EXECUTIVE DIRECTOR-NON-VOT).
How much revenue does RETIRED RACEHORSE PROJECT LTD have?
On its 990 for the year ended December 31, 2024 it reported revenue of $767,897, expenses of $788,880 and total assets of $270,953 at year end.

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