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Nonprofit · EIN 46-4465053

FUTURES FOR STANDARDBREDS

Tax-exempt · HOLLIS CENTER, ME 04042

Financials

$81K$55K2023
Revenue Expenses · by fiscal year end
Financials of FUTURES FOR STANDARDBREDS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$81,280$54,750$26,530$96,953$0$96,953
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$65,558
Program service revenue
$9,628
Investment income
$194
Net income from fundraising events
$5,900
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,750
Salaries, compensation and benefits (total)
$4,930
Professional fees and payments to contractors
$11,464
Occupancy
$31,947
Printing, publications and postage
$387
Other expenses
$6,022
Program services (functional)
$15,000

Balance sheet and other

Total assets, start of year
$70,423
Total assets, end of year
$96,953
Total liabilities, end of year
$0
Net assets, end of year
$96,953
Cash, savings and investments
$96,603
Gross receipts
$81,280

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-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Deb DuboisDirector and Trainer15$1,490
Kristen PretoriusDirector and Trainer15$260
Ann EwingDirector and Interim President15$0
Marilyn IvesDirector and President until 6/30/231$0
Eva MorrillDirector and Treasurer10$0
Michelle ClarkeDirector and Secretary5$0
Pat CooperDirector10$0
Andrew HillDirector and Clerk/Registered Agent1$0
Barbara PretoriusDirector5$0

Address and contacts

Address (IRS master file)
80 WALDEN LN, HOLLIS CENTER, ME 04042-3727
In care of
% PAMELA RHODES
Mailing address (990-N for 2022)
135 Maine Street Ste 166, Brunswick ME 04011
Principal officer (990-N for 2022)
Marilyn Ives, 133 Flag Pond, Saco ME 04072
Signed the 990-EZ
Eva Morrill, Treasurer
Phone
(207) 632-2128

Mission

Futures For Standardbreds accepts donated Standardbreds that are no longer racing for a variety of reasons, and also rescues them from situations that will lead to inhumane treatment. The horses must be sound and retrainable for pleasure disciplines, and placement in a responsible home.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • To get to retiring Standardbred horses before their future is uncertain. Cyclone Pass is a 14 year old whose owner died in the spring. The owner made arrangements for the horse to go to a trainer he knew would take good care of him (and the trainer did), but he wasn't racing well and the trainer didn't have the time to work with him so he called us. In many cases, these horses end up in substandard places or kill pens. Those benefitted: The trainer who no longer has to fed or house the horse.
    Expenses $5,000 · grants $5,000
  • To re-train these horses so that they can be used as pleasure horses as this makes them much easier to find homes for. Daniel retired from the track at age 14and, like most Standardbreds, had never been ridden. Our trainer worked with him and took him through a standard process. He is now comfortable and calm under saddle and will be up for adoption soon. Those benefitted: The original owner who could no longer afford. To take care of the horse.
    Expenses $5,000 · grants $5,000
  • To re-home these retrained Standardbreds with an adopter who is a good match in terms of ability, appropriateness of their property of boarding facility, and intended use of the horse. Bad Moonshine also came to us as a track retiree. He took to riding easily, loved people, seemed generally calm, reliable and eager to please. He was adopted by a family that teaches riding lessons. He is now being ridden by much younger riders than most retired racehorses. They are crazy about him and really trust him with younger riders. Those benefitted: The original owner who could no longer afford to take care to the horse, the adopter who got a great horse that will suit their needs for years to come.
    Expenses $5,000 · grants $5,000

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, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
46-4465053
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Animal-related (D20)
Assets (IRS master file)
$96,953
Income (IRS master file)
$81,280

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$81,280$54,750$96,953XML
990-N for 2022
Officer: Marilyn Ives
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Marilyn Ives
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Marilyn Ives
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Marilyn Ives
December 31, 2019≤ $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 46-4465053).

Questions about FUTURES FOR STANDARDBREDS

What is the EIN of FUTURES FOR STANDARDBREDS?
The employer identification number (EIN) of FUTURES FOR STANDARDBREDS is 46-4465053.
Is FUTURES FOR STANDARDBREDS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to FUTURES FOR STANDARDBREDS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUTURES FOR STANDARDBREDS 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 FUTURES FOR STANDARDBREDS 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 FUTURES FOR STANDARDBREDS last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who is the principal officer of FUTURES FOR STANDARDBREDS?
The 990-N for 2022 names Marilyn Ives.
Who are the officers and directors of FUTURES FOR STANDARDBREDS?
The 990-EZ for the year ended December 31, 2023 lists 9 people; 2 received compensation from the organization, the highest $1,490 (Deb Dubois, Director and Trainer).
How much revenue does FUTURES FOR STANDARDBREDS have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $81,280, expenses of $54,750 and total assets of $96,953 at year end.

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