Akhal-Teke Foundation

Tax-deductible

Lexington, VA501(c)(3)AnimalsEIN 84-4672826Revenue $102K in FY2024

On file with the IRSakhaltekefoundation.org2989 Maury River Rd, 24450-3106 · Lexington, VATax-exempt since Apr 2021Publicly supported charity — 170(b)(1)(A)(vi)

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The Corporation is formed for the preservation and promotion of the Akhal-Teke rare breed of horses, and education and research about the history, current status of the breed, the qualities of these horses, their appropriate welfare, care, and activities, and other similar nonprofitable purposes.

501(c)(3) charity; gifts are tax-deductible.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$83K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$102K
+395% vs prior year
Net assets
$377K
By yearFY2021–FY2024
Revenue
$102K
FY2024▲ +395%
Tap a bar for its year
Revenue by fiscal year
FY2021$448K
FY2022$61K
FY2023$21K
FY2024$102K
Net assets
$377K
FY2024-0.4%
Tap a bar for its year
Net assets by fiscal year
FY2021$425K
FY2022$409K
FY2023$379K
FY2024$377K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary and Treasurer
$0Pt VII · Sec A
See Akhal-Teke Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Preserves and promotes rare Akhal-Teke horses through education and research.

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Provided by the organization

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3 programs · $22K · in their own filed words · FY2021
01

Managed the adoption and ongoing support of 13 Akhal-Teke (AT) horses from the closure of historic Shenadoah Farm in Virginia, home of the first-ever Akhal-Tekes in North America, including five important breeding stallions. Provided extensive veterinary care for prior conditions.

$21Kprogram expense
02

Rescued and maintained the priceless archive of frozen semen form Shenandoah Farm, representing seven historic Akhal-Teke stallions, including Senetir (Sektor x Altyn, 1976), the first Akhal-Teke stallion in the U.S., and Sengar (Senetir x Oliva, 1984) long listed for the U.S. Olympic Team in eventing in 1996.

$1Kprogram expense
03

The Akhal-Teke Foundation excelled in the education & outreach part of our mission in 2021, developing several social media channels to inspire appreciation and support for the rare Akhal-Teke horses, while sharing best practices and important Akhal-Teke research with the global horse community.

$102program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$102K
Other income$102K
Owns and owes
$377K
net assets
Liabilities$83K
People
3
listed
Paid0
2In more detail
Revenue in detail
Other income$102K
Total revenue$102K
Assets in detailEnd of year
Liabilities$83K
Net assets$377K
Operations
Employees0
Volunteers5
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $102K$377K 990 PDF
FY2023 $21K$379K 990 PDF
FY2022 $61K$409K 990 PDF
FY2021 $448K$23K$425K$425K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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