Overview
What is Arabian Racing Cup Inc?
Arabian Racing Cup Inc is a nonprofit organization committed to boosting the Arabian horse racing industry. Their primary objective is to boost public awareness, organize prestigious races showcasing top-tier racehorses, and enhance their value. This is achieved by providing award payments to horse breeders (nominators) and owners of successful racing sires and runners. The nonprofit also aims to promote the Arabian breed through these high-profile races and awards, thereby increasing its overall worth and recognition.
Official website here: www.arabianracing.org
Is Arabian Racing Cup Inc legitimate?
Arabian Racing Cup Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Arabian Racing Cup Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.arabianracing.org
What is the mission statement of Arabian Racing Cup Inc?
Arabian Racing Cup Inc's mission is centered around serving as an incentive program for international breeders, with a focus on promoting Arabian Racing. The organization aims to expand public awareness about the industry by organizing prestigious races. These races are designed to showcase the industry's top racehorses, thereby enhancing their value. Arabian Racing Cup Inc also provides award payments to nominators of racing sires and runners as a means of recognition and appreciation. The primary objective of this organization is to promote the Arabian breed through these prestigious races and awards.
Official website here: www.arabianracing.org
Who is the CEO of Arabian Racing Cup Inc?
Ted Wright is the Treasurer of Arabian Racing Cup Inc.
Official website here: www.arabianracing.org
What is the revenue of Arabian Racing Cup Inc?
Arabian Racing Cup Inc's revenue in 2022 was -$4,157.
Official website here: www.arabianracing.org
Who are the executives of Arabian Racing Cup Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.arabianracing.org
Where can I find the form 990EZ for Arabian Racing Cup Inc?
Arabian Racing Cup Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.arabianracing.org
Learn more at the official website: www.arabianracing.org
Mission Statement of Arabian Racing Cup Inc
Arabian Racing Cup Inc, as a dedicated international breeder's incentive program, is committed to serving its mission. This mission primarily focuses on promoting Arabian Racing by increasing public awareness, organizing prestigious races to showcase the industry's top racehorses, and enhancing the value of these horses. The organization achieves this by making award payments to nominators of racing sires and runners. By doing so, Arabian Racing Cup Inc aims to place a spotlight on the Arabian breed, thereby boosting its reputation and value within the racing industry.
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Impact
October, 2024
Arabian Racing Cup Inc plays a significant role in the promotion and enhancement of Arabian horse racing. By creating an international breeder's incentive program, it elevates public awareness of the Arabian breed, showcasing its unique qualities and competitiveness. This organization focuses on organizing prestigious races that highlight the best racehorses, effectively drawing attention to the rich heritage and potential of Arabian racing.
The creation of these races not only provides a platform for the industry's top performers but also increases the value of Arabian horses through financial reward systems. By making award payments to the nominators of racing sires and runners, Arabian Racing Cup Inc incentivizes breeders and owners, fostering a thriving ecosystem around the Arabian racing community. This multifaceted impact not only cultivates a passionate audience for Arabian racing but also encourages the continued growth and appreciation of the breed across the globe.
This information is meant to be a general summary of Arabian Racing Cup Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $36,910
Assets and Liabilities:
- Total Assets: $243,725
- Total Liabilities: $0
- Net Assets: $243,725
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Organization Details
Phone
(302) 653-6681Principal Officer
Ted Wright
Main Address
4 VILLAGE SQUARE, SMYRNA, DE, 19977
Website
www.arabianracing.orgNTEE Category
Code: N60 - Recreation
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