Civic Intelligence

Thoroughbred Breeders Association

990 • Fiscal year 2014 • EIN 21-6001631

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 02, 2015

Organization ProfileNJBREDS.COM
265 Highway 36 No 1RW Long Branch, NJ 07764

(732) 542-8880

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

0.78x

Higher debt load relative to assets than 97% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

0.28x

Higher debt load relative to revenue than 86% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Net Margin

82nd percentile

18%

Higher net margin than 82% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Asset Growth

70th percentile

10%

Faster asset growth than 70% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

43rd percentile

1.6%

Faster revenue growth than 43% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$776,393

Up $73,438 (+10%) from 2013

Net Assets

Up

$168,114

Up $383,788 (+178%) from 2013

Liabilities

Down

$608,279

Down $310,350 (-34%) from 2013

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin82nd percentile

Revenue

Up

$2,182,957

Up $33,386 (+1.6%) from 2013

Expenses

Down

$1,799,169

Down $116,867 (-6.1%) from 2013

Net Income

Up

$383,788

Up $150,253 (+64%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $2,467,897Liabilities 2010: $2,713,355Net Assets 2010: -$245,4582010Assets 2011: $1,729,123Liabilities 2011: $2,743,100Net Assets 2011: -$1,013,9772011Assets 2012: $1,080,611Liabilities 2012: $1,529,820Net Assets 2012: -$449,2092012Assets 2013: $702,955Liabilities 2013: $918,629Net Assets 2013: -$215,6742013Assets 2014: $776,393Liabilities 2014: $608,279Net Assets 2014: $168,1142014Assets 2015: $799,999Liabilities 2015: $629,670Net Assets 2015: $170,3292015Assets 2016: $691,788Liabilities 2016: $517,144Net Assets 2016: $174,6442016Assets 2017: $830,585Liabilities 2017: $638,539Net Assets 2017: $192,0462017Assets 2018: $963,211Liabilities 2018: $677,473Net Assets 2018: $285,7382018Assets 2019: $731,861Liabilities 2019: $60,848Net Assets 2019: $671,0132019Assets 2020: $1,196,698Liabilities 2020: $214,557Net Assets 2020: $982,1412020Assets 2021: $1,227,654Liabilities 2021: $55,562Net Assets 2021: $1,172,0922021Assets 2022: $1,160,741Liabilities 2022: $96,899Net Assets 2022: $1,063,8422022Assets 2023: $1,124,448Liabilities 2023: $367,404Net Assets 2023: $757,0442023Assets 2024: $442,999Liabilities 2024: $80,558Net Assets 2024: $362,4412024

Highlighted filing

2014

Assets$776,393
Liabilities$608,279
Net Assets$168,114
Open 2014 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $5,258,7352010Expenses 2011: $3,465,0212011Expenses 2012: $1,500,1512012Revenue 2013: $2,149,571Expenses 2013: $1,916,036Net Income 2013: $233,5352013Revenue 2014: $2,182,957Expenses 2014: $1,799,169Net Income 2014: $383,7882014Revenue 2015: $1,973,489Expenses 2015: $1,971,274Net Income 2015: $2,2152015Revenue 2016: $2,154,650Expenses 2016: $2,150,335Net Income 2016: $4,3152016Revenue 2017: $1,966,427Expenses 2017: $1,949,025Net Income 2017: $17,4022017Revenue 2018: $1,937,122Expenses 2018: $1,843,430Net Income 2018: $93,6922018Revenue 2019: $1,641,782Expenses 2019: $1,256,507Net Income 2019: $385,2752019Revenue 2020: $1,849,057Expenses 2020: $1,537,929Net Income 2020: $311,1282020Revenue 2021: $1,749,084Expenses 2021: $1,559,134Net Income 2021: $189,9502021Revenue 2022: $1,881,048Expenses 2022: $1,989,298Net Income 2022: -$108,2502022Revenue 2023: $1,619,258Expenses 2023: $1,926,056Net Income 2023: -$306,7982023Revenue 2024: $1,576,217Expenses 2024: $1,970,820Net Income 2024: -$394,6032024

Highlighted filing

2014

Revenue$2,182,957
Expenses$1,799,169
Net Income$383,788
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 2, 2015
Return Version
2014v5.0
Gross Receipts
$2,186,930
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$464,149$558,969▲ $94,820
Cash and Non-Interest-Bearing Accounts$126,343$138,735▲ $12,392
Savings and Temporary Cash Investments$96,379$73,310▼ $23,069
Prepaid Expenses and Deferred Charges$14,784$4,079▼ $10,705
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$702,955$776,393▲ $73,438
Other Assets Total$1,300$1,300→ $0
Liabilities
Accounts Payable and Accrued Expenses$435,868$608,279▲ $172,411
Other Liabilities$482,761$0▼ $482,761
Total Liabilities$918,629$608,279▼ $310,350
Net Assets / Fund Balance
Temporarily Rstr Net Assets$34,645$378,292▲ $343,647
Unrestricted Net Assets$-250,319$-210,178▲ $40,141
Total Net Assets Fund Balance$-215,674$168,114▲ $383,788
Total Liabilities and Net Assets / Fund Balance$702,955$776,393▲ $73,438

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$2,193-
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Nola BalabanPresident
Robert MatthiesVice President
Daniel J LopezTrustee
Gerard ArtzTrustee
Judith BatchaTrustee
Kurt SleeterTrustee
Linda SimonTrustee
Todd WilkinsonTrustee
Geraldine KromannSecretary
Mildred FlemingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,085,182
Program Service Revenue
$56,097
Investment Income
$24
Other Revenue
$41,654
Change in Net Assets
$383,788

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,186,930
Revenue Not Reported on Financial Statements
$-3,973
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-3,973
Total Revenue per Audited Statements
$2,186,930
Total Revenue per Form 990
$2,182,957
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$146,414
Salaries, Compensation, and Employee Benefits$97,385
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$1,555,370--$1,555,370
Other Salaries and Wages-$80,000-$80,000
Interest$20,232--$20,232
Occupancy-$15,756-$15,756
Fees for Services Accounting-$12,500-$12,500
Other Employee Benefits-$8,000-$8,000
Advertising-$7,779-$7,779
Payroll Taxes-$6,985-$6,985
All Other Expenses$2,180$4,155-$6,335
Insurance-$5,261-$5,261
Conferences and Meetings-$3,792-$3,792
Office Expenses-$3,392-$3,392
Other Expenses$3,147$3,945-$3,147
Pension Plan Contributions-$2,400-$2,400
Information Technology-$1,625-$1,625
Travel-$1,300-$1,300
Fees for Services Legal-$1,296-$1,296
Total Functional Expenses$1,640,983$158,186$0$1,799,169

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,803,142
Total Expenses per Audited Statements$1,803,142
Total Expenses per Form 990$1,799,169
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-3,973
Other Expense Adjustments$-3,973
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,627
Fundraising Direct Expenses$3,973
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Stallion Season Auction$45,627$45,627$3,973$41,654
Total Events$45,627$45,627$3,973$41,654
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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 7A

“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.”

Form 990, Part VI, Section B, Line 11

“No review was or will be conducted.”

Form 990, Part VI, Section B, Line 15A

“Compensation must be reviewed and approved by the officers and trustees as well as the nj racing commission.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
THOROUGHBRED BREEDERS' ASSOCIATION
EIN
21-6001631
Phone
7325428880
Address
265 HIGHWAY 36 NO 1R, W LONG BRANCH, NJ 07764

Signing Officer

Name
Michael Campbell Exec Director
Title
Executive Director
Phone
7325428880
Signed
2015-02-02

Organization Details

Principal Officer
Michael Campbell
Formed
1945
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
8
Employees
1
Volunteers
0

Preparer

Firm
Smolin Lupin & Co Pa
Address
331 NEWMAN SPRINGS RD - SUITE 145, RED BANK, NJ 07701
Preparer
Laura Ditommaso
Phone
7329339300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No change from the prior year”

Financial Statement Notes

PART X, LINE 2:

“Management has evaluated its tax positions and believes that there are no adjustments or disclosures of possible additional tax liabilities as of december 31, 2013. 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, 2010, 2011 and 2012 are subject to examination by certain taxing authorities, generally for three years after they were filed.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“STALLION AUCTION”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“STALLION AUCTION”

Schedule D Line 4B

“STALLION AUCTION”

Raw XML AppendixShowing 400 of 418 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.

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IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt080000
IRS990/OtherSalariesAndWagesGrp/TotalAmt080000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06985
IRS990/PayrollTaxesGrp/TotalAmt06985
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02400
IRS990/PensionPlanContributionsGrp/TotalAmt02400
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014784
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04079
IRS990/PrincipalOfficerNm0MICHAEL CAMPBELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4541800
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc1NJ CHARITABLE FOUNDATI
IRS990/ProgramServiceRevenueGrp/Desc2NJ THOROUGHBRED FESTIV
IRS990/ProgramServiceRevenueGrp/Desc3MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc4ADVERTISEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016550
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110850
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210430
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt39030
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt47900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt39030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt47900
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01643342
IRS990/PYContributionsGrantsAmt02070907
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt045
IRS990/PYOtherExpensesAmt0179008
IRS990/PYOtherRevenueAmt033953
IRS990/PYProgramServiceRevenueAmt044666
IRS990/PYRevenuesLessExpensesAmt0233535
IRS990/PYSalariesCompEmpBnftPaidAmt093686
IRS990/PYTotalExpensesAmt01916036
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02149571
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0383788
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt096379
IRS990/SavingsAndTempCashInvstGrp/EOYAmt073310
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-3973
IRS990ScheduleD/ExpensesSubtotalAmt01803142
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-3973
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02193
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt02193
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-3973
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-3973
IRS990ScheduleD/RevenueSubtotalAmt02186930
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND BELIEVES THAT THERE ARE NO ADJUSTMENTS OR DISCLOSURES OF POSSIBLE ADDITIONAL TAX LIABILITIES AS OF DECEMBER 31, 2013. 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, 2010, 2011 AND 2012 ARE SUBJECT TO EXAMINATION BY CERTAIN TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1STALLION AUCTION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2STALLION AUCTION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3STALLION AUCTION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01799169
IRS990ScheduleD/TotalRevenuePerForm990Amt02182957
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02186930
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01803142
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03973
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STALLION SEASON AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt045627
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt045627
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt045627
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt045627
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt041654
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03973
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03973
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AN 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/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION MUST BE REVIEWED AND APPROVED BY THE OFFICERS AND TRUSTEES AS WELL AS THE NJ RACING COMMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE FROM THE PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt034645
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0378292
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0702955
IRS990/TotalAssetsEOYAmt0776393
IRS990/TotalAssetsGrp/BOYAmt0702955
IRS990/TotalAssetsGrp/EOYAmt0776393
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02085182
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0158186
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01640983
IRS990/TotalFunctionalExpensesGrp/TotalAmt01799169
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0918629
IRS990/TotalLiabilitiesEOYAmt0608279
IRS990/TotalLiabilitiesGrp/BOYAmt0918629
IRS990/TotalLiabilitiesGrp/EOYAmt0608279
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-215674
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0168114
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01337
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01337
IRS990/TotalProgramServiceExpensesAmt01640983
IRS990/TotalProgramServiceRevenueAmt056097
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt041678
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt056097
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02182957
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0702955
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0776393
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01300
IRS990/TravelGrp/TotalAmt01300
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-250319
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-210178
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0265 HIGHWAY 36
IRS990/USAddress/CityNm0W LONG BRANCH
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007764
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0NJBREDS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CAMPBELL EXEC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07325428880
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THOROUGHBRED BREEDERS' ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0THOR
ReturnHeader/Filer/EIN0216001631

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$776,393
Liabilities
$608,279
Net assets
$168,114
Revenue
$2,182,957
Expenses
$1,799,169
Net income
$383,788
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.08$0.36$1.58$1.97$0.39
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.37$0.76$1.62$1.93$0.31
2022Detailed filing. Detailed filing data is available for this year.$1.16$0.10$1.06$1.88$1.99$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.23$0.06$1.17$1.75$1.56$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.20$0.21$0.98$1.85$1.54$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.06$0.67$1.64$1.26$0.39
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.68$0.29$1.94$1.84$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.83$0.64$0.19$1.97$1.95$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.52$0.17$2.15$2.15$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.80$0.63$0.17$1.97$1.97$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.61$0.17$2.18$1.80$0.38
2013Detailed filing. Detailed filing data is available for this year.$0.70$0.92$0.22$2.15$1.92$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$1.53$0.45$1.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$2.74$1.01$3.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$2.71$0.25$5.26