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Garth Road Preservation Inc

Save Foxfield Races

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815011713 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

Overview

What is Garth Road Preservation Inc?

Garth Road Preservation Inc, doing business as Save Foxfield Races, is a charitable organization situated in Charlottesville, Virginia. Their primary mission revolves around preserving open spaces and celebrating Virginia's steeplechase racing traditions. By participating in these activities, they aim to support local philanthropy. Some of their key strategic initiatives include establishing Foxfield Races as a premier national steeplechase event, ensuring race day safety and accessibility, investing in property infrastructure improvements, and enhancing sponsorship opportunities. Garth Road Preservation Inc has demonstrated its commitment to this cause through substantial donations to Camp Holiday Trails and Habitat for Humanity, and is actively engaged within the Foxfield community. The organization currently employs 4 individuals.


Official website here: www.foxfieldraces.com

Is Garth Road Preservation Inc legitimate?

Garth Road Preservation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Garth Road Preservation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $87,119
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,650

For more financial information, click here


Official website here: www.foxfieldraces.com

What is the mission statement of Garth Road Preservation Inc?

Garth Road Preservation Inc's mission is centered around preserving open spaces and upholding the traditions of steeplechase racing in a particular locale. The organization leverages these activities to support charitable causes within their community. To fulfill this mission and elevate its position in the National Steeplechase Association, Garth Road Preservation Inc has prioritized several strategic initiatives. These include establishing Foxfield Races as a top-tier event, ensuring race day safety and accessibility, investing in property infrastructure improvements, and enhancing sponsorship opportunities through the creation of an enhanced experience.


Official website here: www.foxfieldraces.com

Who is the CEO of Garth Road Preservation Inc?

John G Macfarlane Iii is the President of Garth Road Preservation Inc.


Official website here: www.foxfieldraces.com

What is the revenue of Garth Road Preservation Inc?

Garth Road Preservation Inc's revenue in 2022 was $1,753,574.


Official website here: www.foxfieldraces.com

Who are the executives of Garth Road Preservation Inc and what are their salaries?

The average compensation at Garth Road Preservation Inc during 2022 was $45,442. There are 4 employees and 83 volunteers at Garth Road Preservation Inc.

Here are 4 key members and their salaries:

    Kelsey Cox (Executive Director)
  • Compensation: $87,118
  • Related: $0
  • Other: $0

    • John G Macfarlane Iii (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Landon Hilliard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Burn (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foxfieldraces.com

    Where can I find the form 990 for Garth Road Preservation Inc?

    The Garth Road Preservation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.foxfieldraces.com

    Learn more at the official website: www.foxfieldraces.com

    Mission Statement of Garth Road Preservation Inc

    Garth Road Preservation Inc, a dedicated organization, has a threefold mission. Its primary objective is to promote the preservation of open spaces and the countryside. This is achieved through the celebration of Virginia steeplechase racing, a tradition deeply rooted in the region. The second component of its mission is to utilize these functions to support benevolence within the community. Lastly, Garth Road Preservation Inc aims to establish Foxfield Races as one of the premier events in the National Steeplechase Association.

    To fulfill this mission, the organization has prioritized several strategic initiatives. These include enhancing the Foxfield Races, making it a notable event within the National Steeplechase Association. Safety and accessibility are also crucial aspects, aiming to create a race day that is secure, welcoming, and community-oriented. The infrastructure of the organization is another focus, with investments being made in property improvements to ensure the event's success. Lastly, Garth Road Preservation Inc is expanding and improving sponsorship opportunities through the creation of a higher-level experience, thereby attracting more support for their noble cause.

    Impact

    This information is meant to be a general summary of Garth Road Preservation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Garth Road Preservation Inc's impact is evident through its commitment to fostering conservation of open space, celebrating the traditions of Virginia steeplechase racing, and supporting local philanthropy. By establishing and supporting long-term philanthropic partnerships, such as donating $53,000 to Camp Holiday Trails and $50,000 to Habitat for Humanity, the organization has helped spread their missions to the Foxfield community. Through strategic initiatives aimed at establishing the Foxfield Races as a premier event, ensuring safety on race day, investing in infrastructure improvements, and expanding sponsorship opportunities, Garth Road Preservation Inc plays a crucial role in promoting benevolence within its community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $800
  • Program Service Revenue: $1,114,459
  • Gross Receipts: $1,782,407

    • Assets and Liabilities:
  • Total Assets: $987,977
  • Total Liabilities: $0
  • Net Assets: $987,977
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TICKET AND TENT SALES

    Revenue

    $931,939

    SPONSORSHIPS

    Revenue

    $163,400

    PROGRAMS & ADVERTISING

    Revenue

    $16,910

    VENDOR INCOME

    Revenue

    $2,210

    Organization Details

    Founding Year

    2017

    Principal Officer

    John G Macfarlane Iii

    Main Address

    P O BOX 4606, CHARLOTTESVILLE, VA, 22905

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Garth Road Preservation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.