Nonprofit · EIN 52-2289797
MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC
Tax-exempt · BEL AIR, MD 21014
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $313 | $107 | $206 | $29,230 | – | $29,230 |
| December 31, 2024 | 990-EZ | – | $10 | – | $29,024 | – | $29,024 |
| December 31, 2023 | 990-EZ | $3 | $14 | -$11 | $29,033 | – | $29,033 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Investment income
- $313
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $107
Balance sheet and other
- Total assets, start of year
- $29,024
- Total assets, end of year
- $29,230
- Total liabilities, end of year
- –
- Net assets, end of year
- $29,230
- Cash, savings and investments
- $29,230
- Gross receipts
- $313
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK VESPE | PRESIDENT | 0 | $0 |
| JOE CLANCY | VICE PRESIDE | 0 | $0 |
| MICHAEL PONS | TREASURER | 0 | $0 |
| TOM LAMARRA | SECRETARY | 0 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK VESPE | PRESIDENT | 1 | $0 |
| JOE CLANCY | VICE PRESIDE | 1 | $0 |
| MICHAEL PONS | TREASURER | 1 | $0 |
| TOM LAMARRA | SECRETARY | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK VESPE | PRESIDENT | 1 | $0 |
| JOE CLANCY | VICE PRESIDE | 1 | $0 |
| MICHAEL PONS | TREASURER | 1 | $0 |
| TOM LAMARRA | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 107, BEL AIR, MD 21014-0107
- In care of
- % DAVID RICHARDSON
- Signed the 990-EZ
- MICHAEL PONS, TREASURER
- Phone
- (410) 879-1952
- Return prepared by
- GEGOREK & COMPANY PA
Mission
THE PRIMARY EXEMPT PURPOSE OF THE MARYLAND RACING MEDIA CHARITABLE FOUNDATION, INC. IS TO AWARD COLLEGE SCHOLARSHIPS TO WORKERS ON THE BACKSTRETCH OF MARYLAND THOROUGHBRED TRACKS AND TRAINING CENTERS AND AT THOROUGHBRED FARMS THROUGHOUT THE STATE OF MARYLAND. THESE ARE FARM OR STABLE HANDS, HOT WALKERS, GROOMS AND EXERCISE RIDERS WHO WORK LONG HOURS FOR LITTLE PAY AND SOMETIMES AT GREAT RISK ALONGSIDE OR ON THE BACKS OF POWERFUL THOROUGHBREDS. THE BACKSTRETCH IS WHERE THE THOROUGHBRED HORSES THAT RACE ARE STABLED. THE FOUNDATION HELPS PROMISING APPLICANTS TO PURSUE HIGHER EDUCATION BY PROVIDING FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS.
Program accomplishments
- EDUCATION AND SCHOLARSHIPS
- SCHOLARSHIPS AWARDED
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 52-2289797
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $29,230
- Income (IRS master file)
- $313
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $313 | $107 | $29,230 | XML |
| 990-EZ | December 2024 | – | $10 | $29,024 | XML |
| 990-EZ | December 2023 | $3 | $14 | $29,033 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2289797).
Questions about MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC
- What is the EIN of MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC is 52-2289797.
- Is MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $313, expenses of $107 and total assets of $29,230 at year end.
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