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Amplify Horse Racing

EIN 85-1835865 · Lexington, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair65 out of 100GovernanceGood76 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 43% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

AMPLIFY HORSE RACING AMPLIFIES THOROUGHBRED INDUSTRY EDUCATION, MENTORSHIP, AND CAREER OPPORTUNITIES WITH HORSE PROGRAMS FOR YOUTH AND YOUNG ADULTS. WE CREATE PATHWAYS TO INVOLVEMENT FOR NEWCOMERS, HIGHLIGHT EXISTING INITIATIVES, AND CREATE NEW RESOURCES TO LEAD THE THOROUGHBRED INDUSTRY INTO THE FUTURE. HORSE RACING MIGHT BE CALLED "THE SPORT OF KINGS," BUT IT'S A SPORT FOR EVERYONE!

Income
$189,356
Spending
$291,902
Spent on programs
43%
Reserves
14 months of spending
Largest source of income
donations and private grants, 95%
Employees
3
Volunteers
82
Highest pay
$78,481, executive director

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 65 out of 100. Higher than 31% of charities in its peer group (education, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 14.0 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 54% of income.

  • Income trend

    10 of 15

    Income fell 2% on the year before.

  • Spending floor

    0 of 15

    43% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 76 out of 100. Higher than 70% of charities in its peer group (education, under $250k).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $17,710 spent. MENTORSHIP PROGRAM - THE AMPLIFY HORSE RACING MENTORSHIP PROGRAM FORMALIZES THE PROCESS OF PAIRING YOUTH AND YOUNG ADULTS INTERESTED IN PURSUING A THOROUGHBRED INDUSTRY CAREER (MENTEES) WITH EXPERIENCED INDUSTRY PROFESSIONALS WHO CAN OFFER GUIDANCE (MENTORS). THE PROGRAM IS DESIGNED TO PROVIDE A FIRST STEP FOR YOUNG PEOPLE TO LEARN MORE ABOUT THE THOROUGHBRED HORSE INDUSTRY AND LEARN HOW TO GET MORE INVOLVED. PAIRINGS ARE DESIGNED TO ENCOURAGE MENTEES TO LEARN ABOUT THE THOROUGHBRED HORSE INDUSTRY AND DEVELOP AN UNDERSTANDING OF ITS NUANCES; TEACH IMPORTANT SKILLS NEEDED TO PURSUE A JOB OR CAREER, AND FACILITATE MEANINGFUL CONVERSATIONS BETWEEN EXPERIENCED PROFESSIONALS AND YOUNG PEOPLE ABOUT THE REALITIES OF EMPLOYMENT IN THE THOROUGHBRED HORSE INDUSTRY. THE PROGRAM ALSO OFFERS TRAVEL AWARD OPPORTUNITIES TO OUTSTANDING MENTEES WHO COMPLETE THE ENTIRETY OF THE PROGRAM, ALONG WITH A NETWORKING EVENT IN LEXINGTON, KENTUCKY.
  2. $60,269 spent. VIRTUAL OUTREACH - AMPLIFY HORSE RACING'S VIRTUAL OUTREACH IS AN IMPORTANT PART OF MAKING THE THOROUGHBRED INDUSTRY INCLUSIVE AND ACCESSIBLE TO ALL YOUTH, REGARDLESS OF HOW CLOSE OR FAR THEY LIVE FROM A RACETRACK OR HORSE FARM. THIS INCLUDES AMPLIFY'S SOCIAL MEDIA, NEWSLETTER, TWICE MONTHLY PODCAST, EDUCATIONAL WEBSITE, AND PERIODIC WEBINARS.
  3. $46,543 spent. FIELD-BASED PROGRAMMING - FIELD-BASED PROGRAMMING ENCOMPASSES ALL THE IN-PERSON PROGRAMS, EVENTS, ACTIVATIONS, AND OUTREACH THAT AMPLIFY TRAVELS TO AND HOSTS THROUGHOUT THE YEAR. THIS INCLUDES CLASSROOM AND CAREER FAIR OUTREACH, EDUCATIONAL EVENTS THAT PARTICIPANTS REGISTER FOR AT RACETRACKS OR EQUINE FACILITIES, EDUCATIONAL TOURS AND LEARNING ACTIVATIONS WITH PARTNER ORGANIZATIONS, AND INTERACTIVE ACTIVITIES OR WORKSHOPS AT CONFERENCES AND COMMUNITY EVENTS.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending July 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.