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Nonprofit · EIN 52-2289797

MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC

Tax-exempt · BEL AIR, MD 21014

Financials

$3$142023$102024$313$1072025
Revenue Expenses · by fiscal year end
Financials of MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$313$107$206$29,230–$29,230
December 31, 2024990-EZ–$10–$29,024–$29,024
December 31, 2023990-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.

NameTitleHours / weekCompensation
FRANK VESPEPRESIDENT0$0
JOE CLANCYVICE PRESIDE0$0
MICHAEL PONSTREASURER0$0
TOM LAMARRASECRETARY0$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
FRANK VESPEPRESIDENT1$0
JOE CLANCYVICE PRESIDE1$0
MICHAEL PONSTREASURER1$0
TOM LAMARRASECRETARY1$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
FRANK VESPEPRESIDENT1$0
JOE CLANCYVICE PRESIDE1$0
MICHAEL PONSTREASURER1$0
TOM LAMARRASECRETARY1$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.

990-EZ for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$313$107$29,230XML
990-EZDecember 2024–$10$29,024XML
990-EZDecember 2023$3$14$29,033XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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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