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Indiana · Nonprofit

FRIENDS OF FERDINAND INDIANA INC

FRIENDS OF FERDINAND INDIANA INC (Indiana) receives grants from 11 organizations whose IRS filings report $274,058 to it, the largest being INDIANA HORSEMEN'S BENEVOLENT & PROTECTIVE ASSOCIATION INC ($75,000). 7 of them have funded it in more than one year.

Revenue FY2025
$148k
Funders on record
11
Grants received
$274k
Net assets
$148k
7/11 repeat funderspeak grant-dependency 60%
01What it does

What Friends of Ferdinand Indiana Inc does

Mission

Thoroughbred aftercare and adoption

As stated on its FY2025 Form 990-EZ.

Programs

  1. Basic care expenses to include hay, grain, bedding, routine farrier supplementswormer, equine transportation, and miscellaneous supplies for all horses accepted intothe program and progressing through rehab and retraining

    $82,142 spentof which $51,000 as grants
    77% of program spending
  2. All vetinary expenses related to routine care and diagnostic and rehab interventions(stem cell, surgeries, etc) to assist the recovery from injuries sustained while racing

    $20,382 spent
    19% of program spending
  3. Expenses related to the retraining of retired racehorses to be adpoted by amateur riders in a 2nd career

    $4,370 spent
    4% of program spending

The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $106,894.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($99k) Expenses 100 ($82k) Net assets 100 ($44k)2020 Revenue 73 ($72k) Expenses 99 ($81k) Net assets 125 ($55k)2021 Revenue 155 ($152k) Expenses 90 ($74k) Net assets 302 ($134k)2022 Revenue 76 ($75k) Expenses 102 ($84k) Net assets 281 ($125k)2023 Revenue 125 ($123k) Expenses 127 ($104k) Net assets 324 ($144k)2024 Revenue 124 ($123k) Expenses 183 ($150k) Net assets 262 ($116k)2025 Revenue 150 ($148k) Expenses 141 ($116k) Net assets 334 ($148k)
2017202020212022202320242025
Revenue (150)Expenses (141)Net assets (334)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $55k to $134k (+142%).

$44k
$55k
$134k
$125k
$144k
$116k
$148k
2017202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

99% of FRIENDS OF FERDINAND INDIANA INC’s revenue is contributions — more donation-reliant than the typical peer (86% for the typical peer).

This organization
Typical peer · 7,042 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

$17k
’17
−$9k
’20
$78k
’21
−$9k
’22
$19k
’23
−$27k
’24
$32k
’25
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 4 funders, grant income fell $40k → $27k.

2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF FERDINAND INDIANA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF FERDINAND INDIANA INC leans on a few funders — its largest provides 27% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF FERDINAND INDIANA INC.

27%
largest funder
70%
top three
~5
effective funders

Largest funder’s share by year: 2017 50% · 2018 40% · 2019 60% · 2020 34% · 2021 32% · 2022 65% · 2023 42% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

63% of FRIENDS OF FERDINAND INDIANA INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

FRIENDS OF FERDINAND INDIANA INC draws 65% of its grant income from funders outside Indiana, across 6 states in all.

NY
IN
PA
CT
KY
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $31k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS OF FERDINAND INDIANA INC runs a healthier operating margin than half of the 3,693 animals nonprofits its size.

Operating margin22% · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,693 animals nonprofits $100k–$1M, FY2025

Organizations like FRIENDS OF FERDINAND INDIANA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF FERDINAND INDIANA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF FERDINAND INDIANA INC?
FRIENDS OF FERDINAND INDIANA INC (Indiana) receives grants from 11 organizations whose IRS filings report $274,058 to it, the largest being INDIANA HORSEMEN'S BENEVOLENT & PROTECTIVE ASSOCIATION INC ($75,000). 7 of them have funded it in more than one year.
How many funders does FRIENDS OF FERDINAND INDIANA INC have?
IRS filings report 11 organizations giving $274,058 in grants to FRIENDS OF FERDINAND INDIANA INC, 7 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF FERDINAND INDIANA INC?
INDIANA HORSEMEN'S BENEVOLENT & PROTECTIVE ASSOCIATION INC is the largest funder on record, with $75,000 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF FERDINAND INDIANA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Friends of Ferdinand Indiana →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing