Old Friends Inc
Fiscal year ending 2024. Filed on August 25, 2025.
1841 Paynes Depot Rd
Georgetown, Kentucky 40324
Old Friends Inc (EIN: 20-0049798) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Old Friends Inc, a 501(c)(3) charitable organization, reported compensation for 3 out of 29 total employees. Among the employees shown here, the average compensation is $65,279. The highest compensated employee at Old Friends Inc is John Nicholson with fiscal year 2024 compensation of $115,385.
Revenue, expenses, and employee compensation
Revenue
$3,952,418
Expenses
$3,628,301
Employee compensation
$425,256
Reported Compensated Employees
New in 2024
John Nicholson
President and Chief Executive Officer
$115,385
$115,385 from orgNo related compNo other comp
－0.6%vs 2023
William van Den Dool
Vice President and Board Member
$41,500
$41,500 from orgNo related compNo other comp
＋5.6%vs 2023
Barbara Fossum
Secy/Board Member
$38,951
$38,951 from orgNo related compNo other comp
Non-Employee Board Members
New in 2024
Michael Blowen
Board Member/Founder
$47,865
$47,865 from orgNo related compNo other comp
Dr Bryan Waldridge
Board Member
No compensation reported
Corey Johnsen
Board Member
No compensation reported
Clark Nyberg
Board Member
No compensation reported
Suzanne Mundy
Board Member
No compensation reported
Peggy Gdovka
Board Member
No compensation reported
Ron Wallace
Board Member
No compensation reported
Jill Baffert
Board Member
No compensation reported
－100%vs 2023
Cynthia Grisolia
Chair
No compensation reported
Ron Portell
Board Member
No compensation reported
Pat Riley
Treasurer and Board Member
No compensation reported
Mark Simon
Board Member
No compensation reported
Mission Statement
To care for and protect retired racing thoroughbreds.
Other organizations also named Old Friends
Revisions to this organization profile
August 25, 2025:
2024 Old Friends Inc 990 filed
July 9, 2024:
2023 Old Friends Inc 990 filed
August 24, 2023:
2022 Old Friends Inc 990 filed
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