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VIRGINIA WINS WITH PARI-MUTUEL

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Tax-exempt status may be revoked

VIRGINIA WINS WITH PARI-MUTUEL

EIN 87-1029553 · Alliances & Advocacy - Public Education (W01)

What they do

to ENCOURAGE THE RETURN of WORLD-CLASS HORSE RACING IN VIRGINIA BY SUPPORTING PASSAGE of REFERENDA to ALLOW PARI-MUTUEL WAGERING IN CERTAIN VIRGINIA LOCALITIES, WHICH WILL ENSURE THE SPORT CAN THRIVE and CREATE TAX REVENUE and NUMEROUS NEW JOBS for VIRGINIA and ITS LOCALITIES.

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2021The report may be old. Ask for a newer one.

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

They name their leaders3 people are listed in the latest report.

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

Money made simple

100.19%of revenue went to mission work100.0% of expenses · Program services
$28,467.90spent for every $100 of revenueSpending was higher than revenue this year.
$0.00in assets for every $1 spent this yearSome assets cannot be spent right away.
28,413.8%of its money came from giftsOther money may come from services or investments.

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

Worth asking: Expenses exceeded revenue by $561,117 this year. Ask whether that was planned or caused by a one-time event.

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 2021

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.

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$562,025
Mission workProgram services$563,095100.19% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$563,095100.19% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$1,978
Expenses$563,095
Annual shortfall $561,117 Expenses were higher than revenue 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)$563,095 · 100.0% of expenses
See all reported dollar amounts
Revenue$1,978
Expenses$563,095
Assets$908
Income$1,978
Contributions$562,025
Mission work (program services)$563,095
People

Leadership and board

Tax year 2022

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

AARON GOMESPRESIDENT

JAMIE SANKOTREASURER

KARANJA AUGUSTINESECRETARY

About this charity

Recognized since
January 2022
Location
10515 COLONIAL DOWNS PKWY, NEW KENT, VA 23124-2228
County
City of Richmond
In care of
JAMIE SANKO
Primary officer
JAMIE SANKO, DIRECTOR

How to reach them

Filing and classification

Latest tax year
2021
Tax period began
June 1, 2021
Return type
990
Tax preparer
BROWN EDWARDS & COMPANY LLP
NTEE classification
Alliances & Advocacy - Public Education (W01)
IRS tax category
Alliances & Advocacy - Public Education
Revocation date
May 15, 2026

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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