Old Friends Inc
Donations deductibleRevenue
$5.2m
year to 31 December 2025
Expenses
$3.9m
year to 31 December 2025
Total assets
$9.4m
$4.9m liabilities
Net assets
$4.5m
assets less liabilities
Directors and trustees
15
7.6 years on average
Staff
32
employees, year to 31 December 2025
Chair observed
≥6 yrs
Cynthia Grisolia
Left since last filing
0
no seats appear to have opened
Old Friends Inc's network
15 people4 organisationsi15 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (15). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
15 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 16 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Cynthia Grisolia Chair | Chairman | 2018 | 8 yrs |
| Barbara Fossum | Secy/Board Member | 2018 | 8 yrs |
| Clark Nyberg | Board Member | 2018 | 8 yrs |
| Corey Johnsen | Board Member | 2018 | 8 yrs |
| Diane White | Board Member | 2018 | 8 yrs |
| Dr Bryan Waldridge | Board Member | 2023 | 3 yrs |
| Jill Baffert | Board Member | 2018 | 8 yrs |
| Mark Simon | Board Member | 2018 | 8 yrs |
| Michael Blowen | Board Member/Founder | 2018 | 8 yrs |
| Pat Riley | Treasurer/Board Member | 2023 | 3 yrs |
| Peggy Gdovka | Board Member | 2019 | 7 yrs |
| Ron Portell (also filed as Ron Portell) | Board Member | 2018 | 8 yrs |
| Ron Wallace (also filed as Ron Wallace) | Board Member | 2018 | 8 yrs |
| Suzanne Mundy | Board Member | 2018 | 8 yrs |
| William Van den Dool | VP/Board Member | 2019 | 7 yrs |
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| John Nicholson | President & CEO | 2024 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| John Nicholson | President & CEO | 40 | $125k | ||
| Robert Fulmer | Vice Chair/Board Member | 40 | $0 | ||
| Cynthia Grisolia | Chairman | 40 | $0 | ||
| Bev Passarello | Sec'y/Board Member | 40 | $0 | ||
| Pat Riley | Treasurer/Board Member | 1 | $0 | ||
| Jill Baffert | Board Member | 1 | $0 | ||
| Peggy Gdovka | Board Member | 1 | $0 | ||
| Suzanne Mundy | Board Member | 1 | $0 | ||
| Corey Johnsen | Board Member | 1 | $0 | ||
| Mark Simon | Board Member | 1 | $0 | ||
| Clark Nyberg | Board Member | 1 | $0 | ||
| Kerry Cauthen | Board Member | 1 | $0 | ||
| Ron Wallace | Board Member | 1 | $0 | ||
| Diane White | Board Member | 1 | $0 | ||
| Dr Bryan Waldridge | Board Member | 1 | $0 | ||
| Michael Blowen | Board Member/Founder | 1 | $0 | ||
| Robert Lee Shinner | Board Member | 1 | $0 | ||
| Susan Chu | Board Member | 1 | $0 |
About
- Legal name
- Old Friends Inc
- EIN
- 200049798
- Address
- 1841 Paynes Depot Rd, Georgetown, KY, 40324-9138
- State
- Kentucky
- Mission
- To care for and protect retired thouroughbreds. (as filed on the Form 990)
- Activity (NTEE)
- D20 Animal-related
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Animal-Related
- Size band
- 7 (IRS master file code)
- Formed
- 2005
- Principal officer
- John Nicholson (as named on the Form 990)
- IRS ruling date
- 1 March 2004
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsCynthia Grisolia
≥8years on the filingsBarbara Fossum
≥8years on the filingsClark Nyberg
≥8years on the filingsCorey Johnsen
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $9.4m
- Total liabilities
- $4.9m
- Net assets or fund balances
- $4.5m
- Contributions and grants received
- $4.4m
- Program service revenue
- $601k
- Employees
- 32
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $4m | $3.6m | $324k |
As filed on the IRS Form 990. US dollars.