KENTUCKY HORSE PARK FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

KENTUCKY HORSE PARK FOUNDATION INC

EIN 62-1257717 · Recreation & Sports (N69I)

What they do

THE KENTUCKY HORSE PARK FOUNDATIONS SOLE PURPOSE is to PROVIDE SUPPORT for THE KENTUCKY HORSE PARK.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.50 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 leaders45 people are listed in the latest report.

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

Money made simple

73.13%of revenue went to mission work79.5% of expenses · Program services

6.82%of revenue went to fundraising7.4% of expenses

$91.95spent for every $100 of revenueRevenue covered expenses this year.

11.99%of revenue went to management and office costs13.0% of expenses

$8.53in assets for every $1 spent this yearSome assets cannot be spent right away.

72.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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 $179,212 for KATHLEEN MEYER (EXECUTIVE DIRECTOR). 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$1,833,799

Mission workProgram services$1,341,13073.13% of revenue79.5% of expenses

ManagementOffice and general costs$219,87211.99% of revenue13.0% of expenses

FundraisingAsking for donations$125,1416.82% of revenue7.4% of expenses

Revenue left after expensesReported annual surplus$147,6568.05% of revenueShown in gray on the chart

Total expenses$1,686,14391.95% 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: 79.5% mission · 13.0% management · 7.4% fundraisingTotal expenses: 91.95% of revenue

2023Expense mix: 81.1% mission · 11.8% management · 7.1% fundraisingTotal expenses: 87.93% of revenue

2022Expense mix: 77.8% mission · 14.3% management · 7.9% fundraisingTotal expenses: 113.02% of revenue

2021Expense mix: 80.6% mission · 12.7% management · 6.6% fundraisingTotal expenses: 73.00% of revenue

2020Expense mix: 88.1% mission · 8.7% management · 3.1% fundraisingTotal expenses: 77.56% of revenue

2019Expense mix: 77.6% mission · 13.5% management · 8.9% fundraisingTotal expenses: 50.28% of revenue

Money in and money out

Revenue$1,833,799

Expenses$1,686,143

Annual surplus $147,656 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)$1,341,130 · 79.5% of expenses

Management and office costs$219,872 · 13.0% of expenses

Fundraising$125,141 · 7.4% of expenses

See all reported dollar amounts

Revenue$1,833,799

Expenses$1,686,143

Assets$14,375,994

Income$4,510,525

Contributions$1,337,421

Mission work (program services)$1,341,130

Fundraising$125,141

Management and general$219,872

Stocks and bonds$12,738,047

Accounting fees$94,972

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

KATHLEEN MEYEREXECUTIVE DIRECTOR · 40 hrs/week $179,212

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 (45)

KATHLEEN MEYEREXECUTIVE DIRECTOR

MARTHA SLAUGHTERBOARD MEMBER

JENNIE GARLINGTONBOARD MEMBER

JENNIFER MADDENBOARD MEMBER

JUDY MILLERBOARD MEMBER

JUSTIN SAUTTERBOARD MEMBER

KATIE OBRIENBOARD MEMBER

LAMON HARKNESS JEWETTBOARD MEMBER

LISA LOURIEBOARD MEMBER

LULU DAVISDEVELOPMENT DIRECTOR

MAEGAN NICHOLSONBOARD MEMBER

MARIAN ZEITLINBOARD MEMBER

JANIE MUSSELMANBOARD MEMBER

MARY JANE NUCKOLSBOARD MEMBER

NICOLE PIERATTSECRETARY

ORSON OLIVERTREASURER

STUART BROWN IIBOARD MEMBER

TAWANA EDWARDSGRANTS DIRECTOR

TERI KESSLERBOARD MEMBER

WALT ROBERTSON JRBOARD MEMBER

WALT ROBERTSON SRNOMINATING DIRECTOR

WILLIAM BAKERBOARD MEMBER

ZEFF MALONEYBOARD MEMBER

DEIRDRE LYONSBOARD MEMBER

ANDREW JACOBSVICE CHAIR

BARCLAY DE WETBOARD MEMBER

BECKY JORDANBOARD MEMBER

BILL HILLIARDBOARD MEMBER

BILL JUSTICEBOARD MEMBER

CLAY GREENCHAIR

DAN CRUMBBOARD MEMBER

DAVID RUDDERBOARD MEMBER

DEBBIE LONGBOARD MEMBER

DEBBIE SPIKE-PIERCEBOARD MEMBER

AMY DIX ROCKBOARD MEMBER

DEMETRIA BLAIRBOARD MEMBER

DEREK BRAUNBOARD MEMBER

DONNA WARDBOARD MEMBER

ELIZABETH CALDWELLBOARD MEMBER

ELIZABETH ROBBINSBOARD MEMBER

ELOISE PENNBOARD MEMBER

HUTTON GOODMANBOARD MEMBER

JAMES BAUGHMANFINANCE DIRECTOR

JAMES MILLERBOARD MEMBER

JANE BESHEARBOARD MEMBER

About this charity

Recognized since: January 1985
Location: 4075 IRON WORKS PKWY, LEXINGTON, KY 40511-8483
County: Fayette
In care of: CLAY GREEN
Primary officer: CLAY GREEN, CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(859) 255-5727

Filing and classification

Latest tax year: 2024
Tax period began: June 1, 2024
Return type: 990
Tax preparer: HICKS & ASSOCIATES CPAS PLLC
NTEE classification: Recreation & Sports (N69I)
IRS tax category: Other Grantmaking and Giving Services