Civic Intelligence

Thoroughbred Breeders Association

990 • Fiscal year 2017 • EIN 21-6001631

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 05, 2018

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

0.77x

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

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.32x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Net Margin

32nd percentile

0.9%

Higher net margin than 32% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

17th percentile

$0

Higher top officer pay than 17% of similar nonprofits.

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

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Asset Growth

82nd percentile

20%

Faster asset growth than 82% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

14th percentile

-8.7%

Faster revenue growth than 14% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$830,585

Up $138,797 (+20%) from 2016

Net Assets

Up

$192,046

Up $17,402 (+10.0%) from 2016

Liabilities

Up

$638,539

Up $121,395 (+23%) from 2016

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin32nd percentile

Revenue

Down

$1,966,427

Down $188,223 (-8.7%) from 2016

Expenses

Down

$1,949,025

Down $201,310 (-9.4%) from 2016

Net Income

Up

$17,402

Up $13,087 (+303%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth82nd 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

2017

Assets$830,585
Liabilities$638,539
Net Assets$192,046
Open 2017 Filing

Operations Trend

Revenue Growth14th 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

2017

Revenue$1,966,427
Expenses$1,949,025
Net Income$17,402
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 5, 2018
Return Version
2017v2.2
Gross Receipts
$1,969,901
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$571,293$730,501▲ $159,208
Cash and Non-Interest-Bearing Accounts$88,941$57,319▼ $31,622
Savings and Temporary Cash Investments$30,254$41,465▲ $11,211
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$691,788$830,585▲ $138,797
Other Assets Total$1,300$1,300→ $0
Liabilities
Accounts Payable and Accrued Expenses$514,222$635,620▲ $121,398
Other Liabilities$2,922$2,919▼ $3
Total Liabilities$517,144$638,539▲ $121,395
Net Assets / Fund Balance
Temporarily Rstr Net Assets$410,284$419,043▲ $8,759
Unrestricted Net Assets$-235,640$-226,997▲ $8,643
Total Net Assets Fund Balance$174,644$192,046▲ $17,402
Total Liabilities and Net Assets / Fund Balance$691,788$830,585▲ $138,797

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$2,193-
Compensation and Service Providers
Top Officer Pay17th percentile

Board Members and Trustees

NameTitle
Mildred FlemingPresident
MIKE D'ANTONIOVice President
Judith BatchaTrustee
Peter FreundlichTrustee
Todd WilkinsonTrustee
KcnemutluSecretary
Lawrence FlemingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,902,112
Program Service Revenue
$34,088
Investment Income
$400
Other Revenue
$29,827
Change in Net Assets
$17,402

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,971,152
Revenue Not Reported on Financial Statements
$-4,725
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-4,725
Total Revenue per Audited Statements
$1,971,152
Total Revenue per Form 990
$1,966,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,306
Salaries, Compensation, and Employee Benefits$86,622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$1,747,097--$1,747,097
Other Salaries and Wages-$80,000-$80,000
Advertising-$20,186-$20,186
Occupancy-$18,330-$18,330
Fees for Services Accounting-$15,350-$15,350
Payroll Taxes-$7,045-$7,045
All Other Expenses$1,988$3,905-$5,893
Conferences and Meetings-$4,630-$4,630
Insurance-$4,110-$4,110
Office Expenses-$2,513-$2,513
Other Expenses$3,166$2,250-$2,250
Travel-$806-$806
Information Technology-$110-$110
Pension Plan Contributions-$-423-$-423
Total Functional Expenses$1,781,074$167,951$0$1,949,025

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,949,025
Total Expenses per Form 990$1,949,025
Total Expenses per Audited Statements$1,944,885
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-4,140
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,301
Fundraising Direct Expenses$3,474
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Stallion Season Auction$33,301$33,301$3,474$29,827
Total Events$33,301$33,301$3,474$29,827
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$2,919
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
Yes
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 11B

“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
2018-02-05

Organization Details

Principal Officer
Michael Campbell
Formed
1945
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
7
Employees
0
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 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, 2017. 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, 2014, 2015 and 2016 are subject to examination by certain taxing authorities, generally for three years after they were filed.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Nj thoroughbred horse industry educational foundation”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Nj thoroughbred horse industry educational foundation”

Schedule D Line 4B

“STALLION AUCTION”

Raw XML AppendixShowing 400 of 424 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/PYTotalExpensesAmt02150335
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02154650
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt017402
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030254
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041465
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt0-4140
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01949025
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0-4140
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02193
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt02193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02919
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-4725
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-4725
IRS990ScheduleD/RevenueSubtotalAmt01971152
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, 2017. 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, 2014, 2015 AND 2016 ARE SUBJECT TO EXAMINATION BY CERTAIN TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NJ THOROUGHBRED HORSE INDUSTRY EDUCATIONAL FOUNDATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2NJ THOROUGHBRED HORSE INDUSTRY EDUCATIONAL FOUNDATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3STALLION AUCTION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01949025
IRS990ScheduleD/TotalLiabilityAmt02919
IRS990ScheduleD/TotalRevenuePerForm990Amt01966427
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01971152
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01944885
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03474
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STALLION SEASON AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt033301
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt033301
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt033301
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt033301
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt029827
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03474
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03474
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 PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
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:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0THOROUGHBRED BREEDERS' ASSOCIATION OF NEW JERSEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEW JERSEY THOROUGHBRED HORSE INDUSTRY EDUCATIONAL FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0471580303
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE AND EDUCATIONAL PURPOSES FOR THE NEW JERSEY EQUINE INDUSTRY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0SECTION 170(B)(1)A(V
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0265 HWY 36
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LONG BRANCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd007764
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0410284
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0419043
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0691788
IRS990/TotalAssetsEOYAmt0830585
IRS990/TotalAssetsGrp/BOYAmt0691788
IRS990/TotalAssetsGrp/EOYAmt0830585
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01902112
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0167951
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01781074
IRS990/TotalFunctionalExpensesGrp/TotalAmt01949025
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0517144
IRS990/TotalLiabilitiesEOYAmt0638539
IRS990/TotalLiabilitiesGrp/BOYAmt0517144
IRS990/TotalLiabilitiesGrp/EOYAmt0638539
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0174644
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0192046
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01781074
IRS990/TotalProgramServiceRevenueAmt034088
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt030227
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt034088
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01966427
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0691788
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0830585
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0806
IRS990/TravelGrp/TotalAmt0806
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-235640
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-226997
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0265 HIGHWAY 36
IRS990/USAddress/CityNm0W LONG BRANCH
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007764
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0NJBREDS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CAMPBELL EXEC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07325428880
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THOROUGHBRED BREEDERS' ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0THOR
ReturnHeader/Filer/EIN0216001631
ReturnHeader/Filer/PhoneNum07325428880

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$830,585
Liabilities
$638,539
Net assets
$192,046
Revenue
$1,966,427
Expenses
$1,949,025
Net income
$17,402
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