Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
EIN 21-6001631 • 501(c)5 • West Long Branch, NJ
Profile
To promote the breeding and ownership of thoroughbred horses in the state of new jersey
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
1st percentile
Faster asset growth than 1% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Assets
Down$442,999
Down $681,449 (-61%) from 2023
Liabilities
Down$80,558
Down $286,846 (-78%) from 2023
Net Assets
Down$362,441
Down $394,603 (-52%) from 2023
Revenue
Down$1,576,217
Down $43,041 (-2.7%) from 2023
Expenses
Up$1,970,820
Up $44,764 (+2.3%) from 2023
Net Income
Down-$394,603
Down $87,805 (-29%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To promote the breeding and ownership of thoroughbred horses in the state of new jersey utilizing funds provided by the nj racing commission
To promote the breeding and ownership of thoroughbred horses in the state of new jersey
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $962,914 | $182,987 | ▼ $779,927 |
| Savings and Temporary Cash Investments | $41,169 | $159,806 | ▲ $118,637 |
| Cash and Non-Interest-Bearing Accounts | $32,612 | $34,353 | ▲ $1,741 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Total Assets | $1,124,448 | $442,999 | ▼ $681,449 |
| Other Assets Total | $87,753 | $65,853 | ▼ $21,900 |
| Liabilities | |||
| Other Liabilities | $85,644 | $64,130 | ▼ $21,514 |
| Accounts Payable and Accrued Expenses | $281,760 | $16,428 | ▼ $265,332 |
| Total Liabilities | $367,404 | $80,558 | ▼ $286,846 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $255,669 | $224,377 | ▼ $31,292 |
| Net Assets With Donor Restrictions | $501,375 | $138,064 | ▼ $363,311 |
| Total Net Assets Fund Balance | $757,044 | $362,441 | ▼ $394,603 |
| Total Liabilities and Net Assets / Fund Balance | $1,124,448 | $442,999 | ▼ $681,449 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $0 | $2,193 | - |
| Other Assets Org | $1,300 | - | - |
| Name | Title |
|---|---|
| Rory Huston | President |
| Janet Laszlo | Vice President |
| Joe Coles | Trustee |
| Nick Sacco | Trustee |
| Lawrence Fleming | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,849,644 |
| Salaries, Compensation, and Employee Benefits | $121,176 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $90,000 | $10,000 | - | $100,000 |
| Fees for Services Accounting | - | $35,492 | - | $35,492 |
| Advertising | $22,824 | $2,536 | - | $25,360 |
| Occupancy | $19,334 | $2,148 | - | $21,482 |
| Other Employee Benefits | $8,640 | $960 | - | $9,600 |
| All Other Expenses | $8,036 | $1,146 | - | $9,182 |
| Payroll Taxes | $7,729 | $859 | - | $8,588 |
| Insurance | - | $4,216 | - | $4,216 |
| Other Expenses | $26,441 | $3,468 | - | $3,468 |
| Pension Plan Contributions | $2,689 | $299 | - | $2,988 |
| Conferences and Meetings | - | $1,954 | - | $1,954 |
| Office Expenses | $1,643 | $183 | - | $1,826 |
| Information Technology | - | $64 | - | $64 |
| Travel | - | $7 | - | $7 |
| Total Functional Expenses | $1,907,488 | $63,332 | $0 | $1,970,820 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,970,820 |
| Total Expenses per Audited Statements | $1,970,820 |
| Total Expenses per Form 990 | $1,970,820 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $11,882 |
| Fundraising Direct Expenses | $0 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Stallion Season Auction | $11,882 | $11,882 | - | $11,882 |
| Total Events | $11,882 | $11,882 | - | $11,882 |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $42,182 |
| Short Term Operating Lease Liability | $21,948 |
“An election for the board of trustees is conducted by the association. Ballots are distributed to the entire membership and the votes are tabulated by an independent cpa firm.”
“The executive director and the treasurer review the returns”
“Compensation must be reviewed and approved by the officers and trustees as well as the nj racing commission.”
“Documents are available to the public on the web.”
“Management has evaluated its tax positions and believes that there are no adjustments or disclosures of possible additional tax liabilities as of december 31, 2024. The amount that may ultimately have to be recognized, in the event that the association's tax returns are examined by the appropriate taxing authority may differ from management's estimate. The federal and state income tax returns of the thoroughbred breeders' association of new jersey, for the years ending december 31, 2021, 2022 and 2023 are subject to examination by certain taxing authorities, generally for three years after they were filed.”
“Nj thoroughbred horse industry educational foundation”
“Nj thoroughbred horse industry educational foundation”
“STALLION AUCTION”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 281760 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 16428 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 962914 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 182987 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE THE BREEDING AND OWNERSHIP OF THOROUGHBRED HORSES IN THE STATE OF NEW JERSEY |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 2536 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 22824 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 25360 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1146 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 8036 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 9182 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 0 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MICHAEL CAMPBELL |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7325428880 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 265 HWY 26 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LONG BRANCH |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07740 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 32612 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 34353 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 1954 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1954 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 8415 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 4105 |
| IRS990/CYOtherExpensesAmt | 0 | 1849644 |
| IRS990/CYOtherRevenueAmt | 0 | 11882 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1551815 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -394603 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 121176 |
| IRS990/CYTotalExpensesAmt | 0 | 1970820 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1576217 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | DISTRIBUTE BREEDER'S AWARDS TO BREEDERS, STALLION OWNERS AND OWNERS OF REGISTERED NEW JERSEY-BRED HORSES FINISHING FIRST, SECOND OR THIRD IN OPEN OR RESTRICTED RACES. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 501375 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 138064 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 1 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/ExpenseAmt | 0 | 1907488 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 35492 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 35492 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LAWRENCE FLEMING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JOE COLES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JANET LASZLO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RORY HUSTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | NICK SACCO |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1945 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 11882 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1576217 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 64 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 64 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 4216 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4216 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 4105 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 4105 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 89 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2193 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2193 |
| IRS990/LegalDomicileStateCd | 0 | NJ |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 8415 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ASSOCIATION SEEKS TO PROMOTE AND FURTHER THE THOROUGHBRED BREEDING INDUSTRY IN NEW JERSEY. THE ASSOCIATION IS ENGAGED IN PROGRAMS FOR THE ENCOURAGEMENT AND IMPROVEMENT OF THE BREEDING OF THOROUGHBRED HORSES IN THE STATE OF NEW JERSEY |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 757044 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 362441 |
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| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 11882 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 224377 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
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| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2148 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 19334 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 21482 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 183 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1643 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1826 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 65853 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
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| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 8640 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 9600 |
| IRS990/OtherExpensesGrp/Desc | 0 | BREEDERS AWARDS PAID |
| IRS990/OtherExpensesGrp/Desc | 1 | MONMOUTH PARK PURSE |
| IRS990/OtherExpensesGrp/Desc | 2 | NJ THOROUGHBRED FESTIVA |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3468 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1670152 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 50000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 26441 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1670152 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 50000 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 26441 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3468 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 85644 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 64130 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 10000 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 90000 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 100000 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 859 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 7729 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 8588 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 299 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 2689 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 2988 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | MICHAEL CAMPBELL |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | STATE OF NJ RACING COM |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | NJ THOROUGHBRED FESTIV |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | REGISTRATION |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 20000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 16050 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1515765 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 20000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 16050 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 6515 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2436 |
| IRS990/PYOtherExpensesAmt | 0 | 1810563 |
| IRS990/PYOtherRevenueAmt | 0 | 14248 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1596059 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -306798 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 115493 |
| IRS990/PYTotalExpensesAmt | 0 | 1926056 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1619258 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -394603 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1551815 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 41169 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 159806 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1970820 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 64553 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 1300 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | OPERATING ROU |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | SECURITY DEPOSIT |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 2193 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 2193 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 42182 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 21948 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OPERATING LEASE LIABILITY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | SHORT TERM OPERATING LEASE LIABILITY |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1576217 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND BELIEVES THAT THERE ARE NO ADJUSTMENTS OR DISCLOSURES OF POSSIBLE ADDITIONAL TAX LIABILITIES AS OF DECEMBER 31, 2024. THE AMOUNT THAT MAY ULTIMATELY HAVE TO BE RECOGNIZED, IN THE EVENT THAT THE ASSOCIATION'S TAX RETURNS ARE EXAMINED BY THE APPROPRIATE TAXING AUTHORITY MAY DIFFER FROM MANAGEMENT'S ESTIMATE. THE FEDERAL AND STATE INCOME TAX RETURNS OF THE THOROUGHBRED BREEDERS' ASSOCIATION OF NEW JERSEY, FOR THE YEARS ENDING DECEMBER 31, 2021, 2022 AND 2023 ARE SUBJECT TO EXAMINATION BY CERTAIN TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | NJ THOROUGHBRED HORSE INDUSTRY EDUCATIONAL FOUNDATION |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | NJ THOROUGHBRED HORSE INDUSTRY EDUCATIONAL FOUNDATION |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | STALLION AUCTION |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | SCHEDULE D LINE 4B |
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| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 65853 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1970820 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 64130 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1576217 |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1970820 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | STALLION SEASON AUCTION |
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| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 11882 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 11882 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 11882 |
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| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AN ELECTION FOR THE BOARD OF TRUSTEES IS CONDUCTED BY THE ASSOCIATION. BALLOTS ARE DISTRIBUTED TO THE ENTIRE MEMBERSHIP AND THE VOTES ARE TABULATED BY AN INDEPENDENT CPA FIRM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE EXECUTIVE DIRECTOR AND THE TREASURER REVIEW THE RETURNS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMPENSATION MUST BE REVIEWED AND APPROVED BY THE OFFICERS AND TRUSTEES AS WELL AS THE NJ RACING COMMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON THE WEB. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
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| IRS990/TaxablePartyNotificationInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 442999 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 442999 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 8415 |
| IRS990/TotalEmployeeCnt | 0 | 1 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 63332 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1907488 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1970820 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 367404 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 80558 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 367404 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 80558 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 362441 |
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| IRS990/TotalVolunteersCnt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 442999 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 7 |
| IRS990/TravelGrp/TotalAmt | 0 | 7 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
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| IRS990/USAddress/CityNm | 0 | W LONG BRANCH |
| IRS990/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/USAddress/ZIPCd | 0 | 07764 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | NJBREDS.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL CAMPBELL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7325428880 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THOROUGHBRED BREEDERS' ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | THOR |
| ReturnHeader/Filer/EIN | 0 | 216001631 |
| ReturnHeader/Filer/PhoneNum | 0 | 7325428880 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 265 HIGHWAY 36 1R 1R |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WEST LONG BRANCH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07764 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
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