Nonprofit · EIN 59-2991947
FLORIDA THOROUGHBRED CHARITIES INC
Tax-exempt · OCALA, FL 34474
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $1,256 | $21,912 | -$20,656 | $192,171 | $59 | $192,112 |
| December 31, 2024 | 990-EZ | $10,335 | $108,200 | -$97,865 | $212,827 | $59 | $212,768 |
| December 31, 2023 | 990-EZ | $145,500 | $51,847 | $93,653 | $310,692 | $59 | $310,633 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,013
- Investment income
- $243
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $3,500
- Printing, publications and postage
- $23
- Other expenses
- $8,389
- Program services (functional)
- $10,000
Balance sheet and other
- Total assets, start of year
- $212,827
- Total assets, end of year
- $192,171
- Total liabilities, end of year
- $59
- Net assets, end of year
- $192,112
- Cash, savings and investments
- $192,171
- Gross receipts
- $1,256
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BECKIE CANTRELL | SECRETARY | 0.5 | $0 |
| VALERIE DAILEY | PRESIDENT (BEG. 10/25)/1ST VP | 0.5 | $0 |
| NICK DE MERIC | 1ST VC (BEG. 10/25)/SEC | 0.5 | $0 |
| RICHARD HEYSEK | TREASURER (BEG, 10/25) | 0.5 | $0 |
| GEORGE ISAACS | PRESIDENT (THRU 10/25) | 0.5 | $0 |
| JOSEPH M O'FARRELL III | TREASURER (THRU 10/25) | 0.5 | $0 |
| LONNY POWELL | CEO & EXECUTIVE VP | 0.5 | $0 |
| FRANCIS VANLANGENDONCK | 2ND VICE PRESIDENT | 0.5 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE RUSSELL | 1ST VICE PRESIDENT (THRU. 10/24) | 0.5 | $0 |
| LONNY POWELL | CEO & EXECUTIVE VP | 0.5 | $0 |
| NICK DE MERIC | SECRETARY (THRU. 10/24) | 0.5 | $0 |
| JOSEPH M O'FARRELL III | TREASURER | 0.5 | $0 |
| GEORGE ISAACS | PRESIDENT | 0.5 | $0 |
| FRANCIS VANLANGENDONCK | 2ND VICE PRESIDENT | 0.5 | $0 |
| VALERIE DAILEY | 1ST VICE PRESIDENT (BEG. 10/24) | 0.5 | $0 |
| BECKIE CANTRELL | SECRETARY (BEG. 10/24) | 0.5 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE RUSSELL | 1ST VICE PRE | 0.5 | $0 |
| LONNY POWELL | CEO & EXECUT | 0.5 | $0 |
| NICK DE MERIC | SECRETARY | 0.5 | $0 |
| JOSEPH M O'FARRELL III | TREASURER | 0.5 | $0 |
| GEORGE ISSACS | PRESIDENT | 0.5 | $0 |
| FRANCIS VANLANGENDONCK | 2ND VICE PRE | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 801 SW 60TH AVE, OCALA, FL 34474-8593
- Signed the 990-EZ
- LONNY POWELL, CEO & EXECUTIVE VP
- Phone
- (352) 629-2160
- Return prepared by
- PURVIS GRAY & COMPANY LLP
Mission
TO SUPPORT AN EQUINE NON PROFIT CHARITABLE ORGANIZATION AND SUPPORT INDIVIDUALS IN THE EQUINE INDUSTRY THROUGH SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONS.
Program accomplishments
- CONTRIBUTIONS WERE MADE TO AN EQUINE NONPROFIT ORGANIZATION.
- CONTRIBUTIONS WERE MADE TO EDUCATIONAL INSTITUTIONS ON BEHALF OF INDIVIDUALS IN THE EQUINE INDUSTRY.Expenses $10,000 · grants $10,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 59-2991947
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70Z)
- Assets (IRS master file)
- $192,171
- Income (IRS master file)
- $1,256
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $1,256 | $21,912 | $192,171 | XML |
| 990-EZ | December 2024 | $10,335 | $108,200 | $212,827 | XML |
| 990-EZ | December 2023 | $145,500 | $51,847 | $310,692 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 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 59-2991947).
Questions about FLORIDA THOROUGHBRED CHARITIES INC
- What is the EIN of FLORIDA THOROUGHBRED CHARITIES INC?
- The employer identification number (EIN) of FLORIDA THOROUGHBRED CHARITIES INC is 59-2991947.
- Is FLORIDA THOROUGHBRED CHARITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to FLORIDA THOROUGHBRED CHARITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLORIDA THOROUGHBRED CHARITIES INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FLORIDA THOROUGHBRED CHARITIES 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 FLORIDA THOROUGHBRED CHARITIES INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of FLORIDA THOROUGHBRED CHARITIES INC?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does FLORIDA THOROUGHBRED CHARITIES INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $1,256, expenses of $21,912 and total assets of $192,171 at year end.
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