2016-07-07T02:20:26-00:00 2015-12-31 LYNCH & LYNCH CPAs PLLC 110 B POCAHONTAS TRAIL GEORGETOWN KY 40324 990 2015-01-01 200049798 OLD FRIENDS INC OLDF 8598469995 1841 PAYNES DEPOT ROAD GEORGETOWN KY 40324 MICHAEL BLOWEN EXECUTIVE DIRECTOR 2016-07-07 true MILDRED L LYNCH 5028631893 2016-07-07 2015 2016-09-27 15:27:22Z MICHAEL BLOWEN 1841 PAYNES DEPOT ROAD GEORGETOWN KY 40324 1686429 false X www.oldfriendsequine.com X 2005 KY The primary exempt purpose of Old Friends, Inc. is to care and protect retired racehores. We raise awareness of the treatment of thoroughbreds no longer racing and useful to their owners by protecting them on our farm where we keep and care for the horses as well as through education programs and tours conducted by the farm. 15 13 14 0 1149241 1263511 52025 91807 60 10900 109131 170012 1310457 1536230 0 0 82257 84728 0 22618 1070705 1323684 1152962 1408412 157495 127818 1959878 2866790 1548414 2328791 411464 537999 Care and protection of retired racing thoroughbreds false false 1266730 1310457 Raise awareness of treatment of retired racehorses and to care for and honor the racehorses. We have purchased a farm where we keep and care for retired racehorses. 1266730 true false false false false false false false false false true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false true false false false false false false false false true 8 0 14 true false false false false false false false false false false 15 13 true false false false false false false true true false false false false false false false false false false false KY X ORGANIZATION 8598469995 1841 PAYNES DEPOT ROAD GEORGETOWN KY 40324 Michael Blowen President 040.00 X X 20000 0 0 Clark Nyburg Board Member 001.00 X 0 0 0 William Van Den Dool Vice President 001.00 X X 0 0 0 Dennis Brida Board Member 001.00 X 0 0 0 Diane White Blowen Secretary 001.00 X X 0 0 0 Cindy Grisolia Chairman 020.00 X X 18832 0 0 Ron Portell Board Member 001.00 X 0 0 0 Ron Wallace Board Member 001.00 X 0 0 0 Rosie Napravnik Board Member 001.00 X 0 0 0 Suzanne Mundy Board Member 001.00 X 0 0 0 Mark Otto Treasurer 004.00 X X 0 0 0 Steve Allday Board Member 001.00 X 0 0 0 Corey Johnson Board Member 001.00 X 0 0 0 Barbara Fossum Board Member 001.00 X 0 0 0 Jill Baffert Board Member 001.00 X 0 0 0 Mark Simon Board Member 001.00 X 0 0 0 Jeffrey Burch Board member 001.00 X 0 0 0 Sylvia C Stiller Office Manager 040.00 X 33526 0 0 Susie Hanks Bookkeeper 008.00 X 12272 0 0 84630 false false false 1 1263511 25207 1263511 TOURS 91807 91807 91807 392 392 54334 43826 10508 10508 10508 105065 22363 82702 82702 171320 84010 87310 87310 1536230 179117 93602 X 0 0 0 0 65798 67208 0 0 0 0 18930 18930 0 2500 2500 6863 6863 0 0 0 22618 22618 21626 21626 0 0 0 3347 3347 0 716 716 85506 85506 0 58263 58263 0 SEE ATTACHED FARM EXPENSE SCHEDULE 1077292 1077292 MISC 28444 28444 SALES TAX 8693 8693 BANK FEES MERCHANT BANK FEES 7816 7816 0 1408412 1266730 120474 22618 120256 269982 28358 30322 2928053 362572 1794668 2565481 16596 1005 1959878 2866790 1498414 2281791 50000 47000 1548414 2328791 X 411464 537999 411464 537999 1959878 2866790 127818 -1283 X false false false X 0 0.00000 1055369 974296 737080 1149241 1263511 5179497 76309 89243 117231 120125 263127 666035 1131678 1063539 854311 1269366 1526638 5845532 5845532 392 392 0 392 392 0 124240 127010 91261 41091 82702 466304 1255918 1190549 945572 1310457 1609732 6312228 0.92610 0.91000 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 1204057 1204057 1212323 213748 998575 110386 32201 78185 401287 116623 284664 2565481 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X X X X X X X false BREEDERS CUP EVENT 45979 45979 15099 HOMECOMING 2015 21850 21850 1687 6 37236 37236 5577 105065 105065 22363 22363 82702 X 1 4000 FAIR MARKET VALUE X FARM EQUIPMENT 1 21207 FAIR MARKET VALUE Form 990, Part IX, Line 24a BOARD OF HORSES 174,020, CONTRACT LABOR 41,018, LAND LEASE 116,247, DUES SUBS 1,297, FARRIER 16,069, HORSE FEED 264,758, HORSE RESCUE PURCHASES 68,518, INSURANCE 21,150, MISC 24,186, PROPERTY TAX 3,962, REPAIRS MAINT 47,390, SUPPLIES 68,385, HORSE TRANSPORTATION 12,300, UTILITIES 19,653, VET 21,781, FARM WAGES 176,558