Civic Intelligence

Massachusetts Thoroughbred Breeders Association Inc

EIN 04-2746989 • 501(c)5 • Chelmsford, MA

Profile

To encourage breeding, ownership, raising, racing and marketing of thoroughbred horses bred and foaled in the Commonwealth of Massachusetts.

175 Littleton Road B-10Chelmsford, MA 01824
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Net Margin

90th percentile

34%

Higher net margin than 90% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

10%

Faster revenue growth than 65% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$2,529,917

Up $347,346 (+16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$2,529,917

Up $347,346 (+16%) from 2023

Operations
Liabilities / Revenue26th percentileNet Margin90th percentile

Revenue

Up

$1,016,512

Up $96,550 (+10%) from 2023

Expenses

Up

$669,166

Up $420,575 (+169%) from 2023

Net Income

Down

$347,346

Down $324,025 (-48%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2000: $989,649Liabilities 2000: $0Net Assets 2000: $989,6492000Assets 2011: $54,427Liabilities 2011: $0Net Assets 2011: $54,4262011Assets 2012: $20,582Liabilities 2012: $0Net Assets 2012: $20,5812012Assets 2013: $2,820Liabilities 2013: $0Net Assets 2013: $2,8202013Assets 2014: $13,078Liabilities 2014: $0Net Assets 2014: $13,0782014Assets 2015: $989,649Liabilities 2015: $0Net Assets 2015: $989,6492015Assets 2016: $528,981Liabilities 2016: $0Net Assets 2016: $528,9812016Assets 2017: $174,226Liabilities 2017: $0Net Assets 2017: $174,2262017Assets 2018: $187,639Liabilities 2018: $0Net Assets 2018: $187,6392018Assets 2019: $689,978Liabilities 2019: $0Net Assets 2019: $689,9782019Assets 2020: $378,666Liabilities 2020: $0Net Assets 2020: $378,6662020Assets 2021: $894,089Liabilities 2021: $0Net Assets 2021: $894,0892021Assets 2022: $1,511,200Liabilities 2022: $0Net Assets 2022: $1,511,2002022Assets 2023: $2,182,571Liabilities 2023: $0Net Assets 2023: $2,182,5712023Assets 2024: $2,529,917Liabilities 2024: $0Net Assets 2024: $2,529,9172024

Highlighted filing

2024

Assets$2,529,917
Liabilities$0
Net Assets$2,529,917
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2000: $2,226,108Expenses 2000: $1,249,537Net Income 2000: $976,5712000Revenue 2011: $716,883Expenses 2011: $752,204Net Income 2011: -$35,3212011Revenue 2012: $696,635Expenses 2012: $730,480Net Income 2012: -$33,8452012Revenue 2013: $671,484Expenses 2013: $689,245Net Income 2013: -$17,7612013Revenue 2014: $552,419Expenses 2014: $542,161Net Income 2014: $10,2582014Revenue 2015: $2,226,108Expenses 2015: $1,249,537Net Income 2015: $976,5712015Revenue 2016: $1,403,563Expenses 2016: $1,864,231Net Income 2016: -$460,6682016Revenue 2017: $1,214,253Expenses 2017: $1,569,025Net Income 2017: -$354,7722017Revenue 2018: $1,274,882Expenses 2018: $1,261,469Net Income 2018: $13,4132018Revenue 2019: $1,495,176Expenses 2019: $992,838Net Income 2019: $502,3382019Revenue 2020: $593,519Expenses 2020: $904,833Net Income 2020: -$311,3142020Revenue 2021: $865,124Expenses 2021: $349,701Net Income 2021: $515,4232021Revenue 2022: $948,850Expenses 2022: $331,739Net Income 2022: $617,1112022Revenue 2023: $919,962Expenses 2023: $248,591Net Income 2023: $671,3712023Revenue 2024: $1,016,512Expenses 2024: $669,166Net Income 2024: $347,3462024

Highlighted filing

2024

Revenue$1,016,512
Expenses$669,166
Net Income$347,346
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$2,529,917
Liabilities
$0
Net assets
$2,529,917
Revenue
$1,016,512
Expenses
$669,166
Net income
$347,346
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.00$2.53$1.02$0.67$0.35
2023Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$0.92$0.25$0.67
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.00$1.51$0.95$0.33$0.62
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.87$0.35$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.00$0.38$0.59$0.90$0.31
2019Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$1.50$0.99$0.50
2018Summary only. Only limited summary data is available for this year.$0.19$0.00$0.19$1.27$1.26$0.01
2017Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$1.21$1.57$0.35
2016Summary only. Only limited summary data is available for this year.$0.53$0.00$0.53$1.40$1.86$0.46
2015Summary only. Only limited summary data is available for this year.$0.99$0.00$0.99$2.23$1.25$0.98
2014Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.55$0.54$0.01
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.67$0.69$0.02
2012Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.70$0.73$0.03
2011Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.72$0.75$0.04
2000Summary only. Only limited summary data is available for this year.$0.99$0.00$0.99$2.23$1.25$0.98
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 11, 2024
Return Version
2023v4.0
Gross Receipts
$919,962
Mission and Program Overview

Mission

To encourage breeding, ownership, raising, racing and marketing of thoroughbred horses bred and foaled in the Commonwealth of Massachusetts.

To encourage breeding, ownership, raising, racing and marketing of thoroughbred horses bred and foaled in the commonwealth of Massachusetts

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,408,655$2,025,317▲ $616,662
Cash and Non-Interest-Bearing Accounts$102,545$157,254▲ $54,709
Loans From Officers Directors$0$0→ $0
Total Assets$1,511,200$2,182,571▲ $671,371
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$675,758$1,491,572▲ $815,814
Net Assets With Donor Restrictions$835,442$690,999▼ $144,443
Total Net Assets Fund Balance$1,511,200$2,182,571▲ $671,371
Total Liabilities and Net Assets / Fund Balance$1,511,200$2,182,571▲ $671,371
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Donna PereiraChairperson
Kathleen ReaganVice Chairperson
Anthony SpadeaDirector
Arlene BrownDirector
Armand JanjigianDirector
Frank CatapanoDirector
Gregg RoseDirector
Joseph DiRicoDirector
Joyce CurrieDirector
Paul UmbrelloDirector
Robert CurrieDirector
Karen BensonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,300
Program Service Revenue
$868,282
Investment Income
$48,380
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$671,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$248,591
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$66,390
All Other Expenses---$53,633
Fees for Services Lobbying---$50,000
Fees for Services Accounting---$36,000
Fees for Services Management---$29,000
Information Technology---$5,271
Office Expenses---$4,687
Fees for Services Legal---$1,958
Insurance---$1,652
Total Functional Expenses$0$0$0$248,591
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
William RobbinsFamilyAccounting & Admin WorkNo$45,000
Arlene BrownDirectorAdministrative WorkNo$20,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Each year members are required to renew their membership with the organization.”

Form 990, Part VI, Section A, Line 7A

“All members in good standing are entitled to cast a vote for the board of directors.”

Form 990, Part VI, Section A, Line 8B

“Each committee would need to report back to the full board before taking action.”

Form 990, Part VI, Section B, Line 11B

“The tax return would be reviewed at the request of the board members.”

Form 990, Part VI, Section C, Line 19

“The organization does not make it's governing documents or financial statements available for public inspection.”

Filing and Contact Details

Filer

Filer Name
Massachusetts Thoroughbred Breeders Association Inc
EIN
04-2746989
Phone
9784216237
Address
175 Littleton Road B-10, Chelmsford, MA 01824
Doing Business As
Mtba

Signing Officer

Name
Karen Benson
Title
Treasurer
Phone
9784216237
Signed
2024-03-11

Organization Details

Principal Officer
Karen Benson
Formed
1981
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

“The unrelated gross income is not investment related. It is the interest earned of unused funds in a money market account.”

Form 990, Part IX, Line 24E

“Awards payments made to members.”

Raw XML Appendix400 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To encourage breeding, ownership, raising, racing and marketing of thoroughbred horses bred and foaled in the commonwealth of Massachusetts
IRS990/AdvertisingGrp/TotalAmt066390
IRS990/AllOtherContributionsAmt00
IRS990/AllOtherExpensesGrp/TotalAmt053633
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0William Robbins
IRS990/BooksInCareOfDetail/PhoneNum09784216237
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0175 Littleton Road B-10
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chelmsford
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001824
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt0102545
IRS990/CashNonInterestBearingGrp/EOYAmt0157254
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03300
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt048380
IRS990/CYOtherExpensesAmt0248591
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0868282
IRS990/CYRevenuesLessExpensesAmt0671371
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0248591
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0919962
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Each year stakes races funded by the MTBA are run at pari-mutual race meets for the benefit of Massachusetts horse owners and breeders.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0MTBA
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0835442
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0690999
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt036000
IRS990/FeesForServicesLegalGrp/TotalAmt01958
IRS990/FeesForServicesLobbyingGrp/TotalAmt050000
IRS990/FeesForServicesManagementGrp/TotalAmt029000
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0Donna Pereira
IRS990/Form990PartVIISectionAGrp/PersonNm1Karen Benson
IRS990/Form990PartVIISectionAGrp/PersonNm2Kathleen Reagan
IRS990/Form990PartVIISectionAGrp/PersonNm3Arlene Brown
IRS990/Form990PartVIISectionAGrp/PersonNm4Gregg Rose
IRS990/Form990PartVIISectionAGrp/PersonNm5Frank Catapano
IRS990/Form990PartVIISectionAGrp/PersonNm6Joyce Currie
IRS990/Form990PartVIISectionAGrp/PersonNm7Robert Currie
IRS990/Form990PartVIISectionAGrp/PersonNm8Anthony Spadea
IRS990/Form990PartVIISectionAGrp/PersonNm9Paul Umbrello
IRS990/Form990PartVIISectionAGrp/PersonNm10Armand Janjigian
IRS990/Form990PartVIISectionAGrp/PersonNm11Joseph DiRico
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
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IRS990/FundraisingAmt00
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IRS990/GainOrLossGrp/SecuritiesAmt00
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IRS990/GovernmentGrantsAmt00
IRS990/GrantsPayableGrp/BOYAmt00
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IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
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IRS990/IndivRcvdGreaterThan100KCnt00
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048380
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
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IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
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IRS990/MembersOrStockholdersInd01
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IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To encourage breeding, ownership, raising, racing and marketing of thoroughbred horses bred and foaled in the Commonwealth of Massachusetts.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01511200
IRS990/NetAssetsOrFundBalancesEOYAmt02182571
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0675758
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01491572
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt04687
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Karen Benson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713290
IRS990/ProgramServiceRevenueGrp/Desc0Breeding and Promotion
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0868282
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0868282
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Massachusetts thoroughbred owners, breeders and stallion owners are awarded a percentage of amounts won at pari-mutual racing events.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03400
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01036
IRS990/PYOtherExpensesAmt0331739
IRS990/PYOtherRevenueAmt038
IRS990/PYProgramServiceRevenueAmt0944376
IRS990/PYRevenuesLessExpensesAmt0617111
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0331739
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0948850
IRS990/ReconcilationRevenueExpnssAmt0671371
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01408655
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02025317
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Arlene Brown
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1William Robbins
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Family
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt020000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt145000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Administrative Work
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Accounting & Admin Work
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The unrelated gross income is not investment related. It is the interest earned of unused funds in a money market account.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each year members are required to renew their membership with the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All members in good standing are entitled to cast a vote for the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Each committee would need to report back to the full board before taking action.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The tax return would be reviewed at the request of the board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization does not make it's governing documents or financial statements available for public inspection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Awards payments made to members.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part V, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01511200
IRS990/TotalAssetsEOYAmt02182571
IRS990/TotalAssetsGrp/BOYAmt01511200
IRS990/TotalAssetsGrp/EOYAmt02182571
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03300
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0248591
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01511200
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02182571
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt0868282
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0916662
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0919962
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01511200
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02182571
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt028 Walden Terrace
IRS990/USAddress/CityNm0Saugus
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001906
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0www.massbreds.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Karen Benson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09784216237
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASSACHUSETTS THOROUGHBRED BREEDERS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MASS
ReturnHeader/Filer/EIN0042746989
ReturnHeader/Filer/PhoneNum09784216237
ReturnHeader/Filer/USAddress/AddressLine1Txt0175 Littleton Road B-10
ReturnHeader/Filer/USAddress/CityNm0Chelmsford
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001824
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-03-09T12:13:31-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Karen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Benson
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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