VIRGINIA HORSE CENTER FOUNDATION Charity Report

Public IRS 990 nonprofit record

VIRGINIA HORSE CENTER FOUNDATION

EIN 52-1388640 · Recreation & Sports (N69I)

What they do

WORLD CLASS FACILITY HOSTING REGIONAL, NATIONAL & INTERNATIONAL EQUESTRIAN EVENTS THAT ENVISIONS A UNIQUE, BUCOLIC LANDMARK to HONOR and CELEBRATE THE TIMELESS, SPECIAL BOND BETWEEN MANKIND and THE HORSE THROUGH SAFE, FAIR, and SPIRITED EQUESTRIAN COMPETITION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

64.89%of revenue went to mission work76.0% of expenses · Program services

3.71%of revenue went to fundraising4.3% of expenses

$85.37spent for every $100 of revenueRevenue covered expenses this year.

16.77%of revenue went to management and office costs19.6% of expenses

$3.33in assets for every $1 spent this yearSome assets cannot be spent right away.

42.0%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $141,819 for CINDA AYERS (EMPLOYEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,106,823

Mission workProgram services$5,260,12364.89% of revenue76.0% of expenses

ManagementOffice and general costs$1,359,80816.77% of revenue19.6% of expenses

FundraisingAsking for donations$300,4723.71% of revenue4.3% of expenses

Revenue left after expensesReported annual surplus$1,186,42014.63% of revenueShown in gray on the chart

Total expenses$6,920,40385.37% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.0% mission · 19.6% management · 4.3% fundraisingTotal expenses: 85.37% of revenue

2023Expense mix: 73.9% mission · 21.6% management · 4.4% fundraisingTotal expenses: 90.09% of revenue

2022Expense mix: 75.3% mission · 20.0% management · 4.7% fundraisingTotal expenses: 91.11% of revenue

2021Expense mix: 74.9% mission · 21.7% management · 3.5% fundraisingTotal expenses: 93.91% of revenue

2020Expense mix: 73.9% mission · 23.4% management · 2.7% fundraisingTotal expenses: 80.52% of revenue

2019Expense mix: 67.4% mission · 29.6% management · 3.0% fundraisingTotal expenses: 73.45% of revenue

2018Expense mix: 72.9% mission · 24.6% management · 2.5% fundraisingTotal expenses: 103.15% of revenue

2017Expense mix: 71.5% mission · 26.2% management · 2.3% fundraisingTotal expenses: 108.79% of revenue

Money in and money out

Revenue$8,106,823

Expenses$6,920,403

Annual surplus $1,186,420 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,260,123 · 76.0% of expenses

Management and office costs$1,359,808 · 19.6% of expenses

Fundraising$300,472 · 4.3% of expenses

See all reported dollar amounts

Revenue$8,106,823

Expenses$6,920,403

Assets$23,011,986

Income$8,535,083

Contributions$3,405,205

Mission work (program services)$5,260,123

Fundraising$300,472

Management and general$1,359,808

Accounting fees$23,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CINDA AYERSEMPLOYEE · 40 hrs/week $141,819Base $135,108 · Other $6,711

STEPHEN SHANKCHIEF EXECUTIVE OFFICER · 40 hrs/week $118,969Base $115,251 · Other $3,718

BONNIE KEENEEMPLOYEE · 40 hrs/week $107,899Base $103,954 · Other $3,945

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

CINDA AYERSEMPLOYEE

STEPHEN SHANKCHIEF EXECUTIVE OFFICER

BONNIE KEENEEMPLOYEE

WILLIAM C HEIZERDIRECTOR

ALAN LOHMANDIRECTOR

ROXANNE BOOTHPRESIDENT

REBECCA POLANDIRECTOR

OWEN WEAVERDIRECTOR

KENNETH WHEELER JRVICE PRESIDENT

JUDY MILLERTREASURER

JUDITH HEISLEY BISHOPDIRECTOR

GEORGE WILLIAMSDIRECTOR

GARDNER L BLOEMERSDIRECTOR

ELIZABETH MASON HORSLEYSECRETARY

DUDLEY MACFARLANEDIRECTOR

DAVID LANDSDIRECTOR

CHRISTOPHER WYNNEDIRECTOR

CHRISTINA RUSSILLODIRECTOR

BROOKS CUSHMANDIRECTOR

BRIAN ROSSDIRECTOR

About this charity

Recognized since: January 1985
Location: 487 MAURY RIVER RD, LEXINGTON, VA 24450-3374
County: Lexington (city)
In care of: % JOHN NICHOLSON
Primary officer: STEPHEN SHANK, CHIEF EXECUTIVE OFFICER

How to reach them

WebsiteVisit the charity’s website Emailroxannebooth@gmail.com Phone(540) 464-2950

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: RAETZ & HAWKINS PC CPAS
NTEE classification: Recreation & Sports (N69I)