Harness Horse Youth Foundation

Organization Overview

Harness Horse Youth Foundation is located in Anderson, IN. The organization was established in 1977. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. As of 10/2022, Harness Horse Youth Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harness Horse Youth Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 10/2022, Harness Horse Youth Foundation generated $165.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $197.7k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE YOUNG PEOPLE AND THEIR FAMILIES INFORMATION AND EXPERIENCES WITH HARNESS HORSES IN ORDER TO FOSTER THE NEXT GENERATION OF FANS AND PARTICIPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING HIGHER EDUCATION AND SUPPLY AWARDS TO YOUNG PEOPLE PARTICIPATING IN YOUTH PROGRAMS, BOTH EQUINE AND GENERAL. ONE SCHOLARSHIP WAS AWARDED IN THIS FISCAL YEAR.


CO SPONSOR DAY AND SUMMER CAMPS FOR YOUNG PEOPLE TO OBTAIN HANDS ON EXPERIENCE WITH HORSES. EVENTS ARE GEARED TO PROVIDE INTENSE LEARNING OPPORTUNITIES ABOUT GENERAL HORSE CARE AND SPECIFIC DIFFERENCES BETWEEN RACE AND PLEASURE HORSES.


DISTRIBUTE EDUCATIONAL HARNESS RACING LITERATURE TO ORGANIZATIONS, INDIVIDUALS, TRADE SHOWS AND CONFERENCES. DEVELOP, PRODUCE AND DISTRIBUTE VIDEOS, BOOKLETS, AND OTHER PRINTED LITERATURE ABOUT EQUINE AND HARNESS RACING CAREERS.


PLAN, COORDINATE, ORGANIZE, ADMINISTER AND DISPERSE DETAILS RELATING TO ALL PHASES OF EDUCATION PROGRAMS (CAMPS, SCHOLARSHIPS, CAREERS, PRINTED MATERIALS, ETC.) TO APPROPRIATE PERSONS AND ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Suzanne D'ambrose
Secretary
$0
Caroline Vazquez
Vice Preside
$0
Allison Conte
President
$0
Tara Ellen Taylor
Director
$0
Ron Battoni
Trustee
$0
Corey Callahan
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$133,129
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$133,129
Total Program Service Revenue$19,731
Investment income $9,541
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $3,436
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $165,837

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Harness Horse Youth Foundation has recieved totaling $20,071.

Awarding OrganizationAmount
Meadows Standardbred Owners Association

Meadow Lands, PA

PURPOSE: OPERATIONS

$10,000
United States Trotting Association

Westerville, OH

PURPOSE: PROMOTION OF THE SPORT

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$71
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$320,484
Earnings$26,281
Admin Expense$3,386
Ending Balance$343,210

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