Overview
What is Indiana Thoroughbred Alliance Inc?
The Indiana Thoroughbred Alliance Inc, located at 10877 Racing Lane, Dillsboro, Indiana 47018, is a collaborative nonprofit organization uniting breeders, owners, trainers, and horse enthusiasts. Their mission is dedicated to the ongoing success of thoroughbred breeding and racing in Indiana. Through their efforts, they aim to promote educational opportunities and foster a supportive community for those involved in the thoroughbred industry.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 33%, Zero-Star out of Four Star rating.
The Indiana Thoroughbred Alliance Inc has received a low rating primarily due to its accountability and finance score of 33%. While the organization has a fully independent board and no material diversion of assets, significant gaps were noted in critical governance policies, including the absence of a conflict of interest policy, whistleblower policy, and document retention policy.
Additionally, the organization has a low percentage of program expenses at 30.91%, which raises concerns about the allocation of funds. The lack of a website listed on their tax form and missing documents on their nonprofit website further contribute to the low score. Overall, while the organization displays some strengths in board independence and asset management, the deficiencies in governance and financial transparency are notable limitations.
This AI summary has been generated from information found on Charity Navigator.
Is Indiana Thoroughbred Alliance Inc legitimate?
Indiana Thoroughbred Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Thoroughbred Alliance Inc submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Indiana Thoroughbred Alliance Inc?
The Indiana Thoroughbred Alliance (ITA) is a collaborative group comprised of breeders, owners, trainers, and horse enthusiasts, united in their dedication to the continued success of Thoroughbred breeding and racing in Indiana. Their mission is geared towards promoting education and advancement within the Thoroughbred community in the state. The alliance fosters connections and resources for trainers and breeders, with the ultimate goal of enhancing the prosperity of Thoroughbred racing in Indiana.
Who is the CEO of Indiana Thoroughbred Alliance Inc?
Steve West is the President of Indiana Thoroughbred Alliance Inc.
What is the revenue of Indiana Thoroughbred Alliance Inc?
Indiana Thoroughbred Alliance Inc's revenue in 2022 was $55,913.
Who are the executives of Indiana Thoroughbred Alliance Inc and what are their salaries?
There 5 volunteers at Indiana Thoroughbred Alliance Inc.
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Indiana Thoroughbred Alliance Inc?
Indiana Thoroughbred Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Indiana Thoroughbred Alliance Inc
The Indiana Thoroughbred Alliance (ITA) is a dedicated collaboration among breeders, owners, trainers, and horse enthusiasts, all working together to ensure the continued success of Thoroughbred breeding and racing in Indiana. This nonprofit organization is driven by a shared commitment to the equine industry and is focused on promoting the training and breeding community for educational purposes.
The Indiana Thoroughbred Alliance plays a vital role in fostering a thriving Thoroughbred community within the state. By bringing together various stakeholders, the organization creates opportunities for collaboration, knowledge exchange, and mutual growth. Its mission is to build a strong and sustainable ecosystem for Thoroughbred breeding and racing in Indiana, ultimately contributing to the success of the industry as a whole.
In their pursuit of excellence, the Indiana Thoroughbred Alliance focuses on the development of trainers and breeders. They believe that by investing in the education and growth of these key figures, they can create a strong foundation for the future of Thoroughbred racing in Indiana. Through their collaborative efforts, the organization aims to create an environment that supports the continuous learning and improvement of all members involved.
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Impact
October, 2024
The Indiana Thoroughbred Alliance Inc plays a pivotal role in fostering the growth and sustainability of thoroughbred breeding and racing within the state. By uniting breeders, owners, trainers, and horse enthusiasts, it promotes collaboration and enhances education across the industry. This collective effort ensures that stakeholders are well-informed about best practices, innovative techniques, and emerging trends, ultimately contributing to the overall vitality of thoroughbred racing in Indiana.
Additionally, the Alliance’s activities help elevate the profile of Indiana as a hub for thoroughbred excellence. By supporting its members and their horses, the organization strengthens the local economy, encourages tourism, and cultivates a community of passionate equestrians. Its commitment to the continued success of the industry not only preserves a cherished tradition but also enriches the cultural fabric of Indiana.
This information is meant to be a general summary of Indiana Thoroughbred Alliance 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.
- Investment Income: $64
- Gross Receipts: $55,913
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2020
Phone
(765) 541-0146Principal Officer
Steve West
Main Address
10877 RACING LANE, DILLSBORO, IN, 47018
NTEE Category
Code: D01 - Animals
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