Nonprofit · EIN 84-4672826
AKHAL-TEKE FOUNDATION
Tax-exempt · LEXINGTON, VA 24450
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $102,293 | $109,943 | -$7,650 | $460,521 | $83,083 | $377,438 |
| December 31, 2023 | 990-EZ (amended) | $20,674 | $50,845 | -$30,171 | $446,844 | $67,981 | $378,863 |
| December 31, 2022 | 990-EZ | $60,851 | $76,803 | -$15,952 | $437,890 | $28,856 | $409,034 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $102,234
- Program service revenue
- $57
- Investment income
- $2
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $623
- Printing, publications and postage
- $462
- Other expenses
- $108,858
- Program services (functional)
- $109,943
Balance sheet and other
- Total assets, start of year
- $446,844
- Total assets, end of year
- $460,521
- Total liabilities, end of year
- $83,083
- Net assets, end of year
- $377,438
- Cash, savings and investments
- $1,826
- Gross receipts
- $102,293
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marcia deChadenedes | Director | 0.5 | $0 |
| Patrcia Johnston | President | 15 | $0 |
| Kevin Matthews | Secretary and Treasurer | 40 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marcia deChadenedes | Director | 0.5 | $0 |
| Patrcia Johnston | President | 10 | $0 |
| Kevin Matthews | Secretary and Treasurer | 40 | $0 |
990-EZ for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kevin Matthews | Secretary and Treasurer | 20 | $0 |
| Marcia deChadenenedes | Director | 0.5 | $0 |
| Patricia Johnston | President | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 2989 MAURY RIVER RD, LEXINGTON, VA 24450-3106
- In care of
- % KEVIN MATTHEWS
- Signed the 990-EZ
- Kevin Matthews, Secretary and Treasurer
- Phone
- (541) 514-4766
Mission
The purpose for which the Corporation is formed is exclusively 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, as contemplated by Section 501(c)(3) of the Internal Revenue Code.
Program accomplishments
- Maintained and expanded frozen semen and tissue archive.Expenses $1,836
- Maintained and bred Akhal-Teke horses. Achieved pregnancies in a senior mare to preserve her genetics. Around half of the breed born in U.S. resulting from ATF mare and/or stallion.Expenses $106,900
- Maintained professional standing and provided educational materials online to several hundred thousand participants.Expenses $1,207
- Supported the success of outside Akhal-Teke horses.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | Not 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
- 84-4672826
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Animal-related (D20)
- Assets (IRS master file)
- $460,521
- Income (IRS master file)
- $102,293
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $102,293 | $109,943 | $460,521 | IRS |
| 990-EZ | December 2023 | $20,674 | $50,845 | $446,844 | XML |
| 990-EZ | December 2022 | $60,851 | $76,803 | $437,890 | XML |
| 990 | December 2021 | – | – | – | 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 84-4672826).
Questions about AKHAL-TEKE FOUNDATION
- What is the EIN of AKHAL-TEKE FOUNDATION?
- The employer identification number (EIN) of AKHAL-TEKE FOUNDATION is 84-4672826.
- Is AKHAL-TEKE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to AKHAL-TEKE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AKHAL-TEKE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AKHAL-TEKE FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AKHAL-TEKE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of AKHAL-TEKE FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does AKHAL-TEKE FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $102,293, expenses of $109,943 and total assets of $460,521 at year end.
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