Thoroughbred Aftercare Alliance Foundation Inc
Thoroughbred Aftercare Alliance Foundation Inc
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About this organization
Mission
The 501 (c) (3) non-profit Thoroughbred Aftercare Alliance accredits, inspects and awards grants to approved aftercare organizations to retire, retrain and rehome Thoroughbreds using industry-wide funding. Funded initially by seed money from Breeders' Cup Ltd., The Jockey Club, and Keeneland Association, Inc., the TAA is supported by owners, trainers, breeders, racetracks, aftercare professionals and other industry groups.
About
In 2018, TAA granted accreditation to 69 organizations following a thorough and rigorous process whereby each organization agreed to maintain a set code of standards reviewed and approved by the American Humane Association and the American Association of Equine Practitioners. Each organization was subject to an in-depth application and received onsite visits to each organization caring for their horses. In 2018 these 69 approved organizations received grants totaling $3,073,001, and these grants may be used only for activities, materials, supplies, and services directly related to the care of the organization's horses.
Interesting data from their 2019 990 filing
The purpose of the non-profit is listed in the filing as “Thoroughbred aftercare alliance ("taa") is an organization designed to serve as both the accrediting body for aftercare organizations that care for thoroughbred horses following the conclusion of their careers and as a fundraising body to support these approved organizations.”.
When discussing its operations, they were characterized as: “Thoroughbred aftercare alliance (taa) is an organization designed to serve as both the accrediting body for aftercare organizations that care for thoroughbred horses following the conclusion of their careers as well as a fundraising body to support these approved organizations.”.
- The non-profit's legally reported state of operation is KY.
- The filing states that the non-profit's address in the year 2019 is 821 Corporate Drive, Lexington, KY, 40503.
- The form submitted by the non-profit for 2019 shows a total of 7 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $498,877.
- The CEO's remuneration policy within the organization is not determined through a review and approval process by a neutral source.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 20 independent voting members.
- The organization was formed in 2011.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $282,882 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.