Civic Intelligence

Thoroughbred Breeders Association

990 • Fiscal year 2018 • EIN 21-6001631

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 14, 2019

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

0.70x

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

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

0.35x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Net Margin

48th percentile

4.8%

Higher net margin than 48% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Asset Growth

80th percentile

16%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

30th percentile

-1.5%

Faster revenue growth than 30% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$963,211

Up $132,626 (+16%) from 2017

Net Assets

Up

$285,738

Up $93,692 (+49%) from 2017

Liabilities

Up

$677,473

Up $38,934 (+6.1%) from 2017

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin48th percentile

Revenue

Down

$1,937,122

Down $29,305 (-1.5%) from 2017

Expenses

Down

$1,843,430

Down $105,595 (-5.4%) from 2017

Net Income

Up

$93,692

Up $76,290 (+438%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth80th 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

2018

Assets$963,211
Liabilities$677,473
Net Assets$285,738
Open 2018 Filing

Operations Trend

Revenue Growth30th 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

2018

Revenue$1,937,122
Expenses$1,843,430
Net Income$93,692
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 14, 2019
Return Version
2018v3.1
Gross Receipts
$1,939,569
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$730,501$661,673▼ $68,828
Savings and Temporary Cash Investments$41,465$188,310▲ $146,845
Cash and Non-Interest-Bearing Accounts$57,319$111,928▲ $54,609
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$830,585$963,211▲ $132,626
Other Assets Total$1,300$1,300→ $0
Liabilities
Accounts Payable and Accrued Expenses$635,620$671,818▲ $36,198
Other Liabilities$2,919$5,655▲ $2,736
Total Liabilities$638,539$677,473▲ $38,934
Net Assets / Fund Balance
Temporarily Rstr Net Assets$419,043$510,242▲ $91,199
Unrestricted Net Assets$-226,997$-224,504▲ $2,493
Total Net Assets Fund Balance$192,046$285,738▲ $93,692
Total Liabilities and Net Assets / Fund Balance$830,585$963,211▲ $132,626

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
Joe PetroneTrustee
Judith BatchaTrustee
Rory HustonTrustee
Todd WilkinsonTrustee
Lawrence FlemingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,863,231
Program Service Revenue
$36,182
Investment Income
$1,044
Other Revenue
$36,665
Change in Net Assets
$93,692

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,937,122
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,937
Total Revenue per Audited Statements
$1,941,059
Total Revenue per Form 990
$1,937,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,754,347
Salaries, Compensation, and Employee Benefits$89,083
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$72,000$8,000-$80,000
Occupancy$15,228$1,692-$16,920
Advertising$14,710$1,634-$16,344
Fees for Services Accounting-$14,500-$14,500
All Other Expenses$4,827$3,950-$8,777
Payroll Taxes$6,015$668-$6,683
Insurance-$4,009-$4,009
Conferences and Meetings-$3,530-$3,530
Other Expenses$3,174--$3,174
Office Expenses$2,457$273-$2,730
Pension Plan Contributions$2,160$240-$2,400
Travel$1,080$120-$1,200
Information Technology-$1,170-$1,170
Interest-$355-$355
Total Functional Expenses$1,803,289$40,141$0$1,843,430

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,843,430
Total Expenses per Form 990$1,843,430
Total Expenses per Audited Statements$1,842,074
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-1,356
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,112
Fundraising Direct Expenses$2,447
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Stallion Season Auction$39,112$39,112$2,447$36,665
Total Events$39,112$39,112$2,447$36,665
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$5,655
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
2019-02-14

Organization Details

Principal Officer
Michael Campbell
Formed
1945
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
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 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, 2018. 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, 2015, 2016 and 2017 are subject to examination by certain taxing authorities, generally for three years after they were filed.”

PART XI, LINE 2D - 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 425 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/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt093692
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041465
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0188310
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt0-1356
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01843430
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0-1356
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02193
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt02193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherRevenueAmt03937
IRS990ScheduleD/RevenueNotReportedAmt03937
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01937122
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, 2018. 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, 2015, 2016 AND 2017 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 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01843430
IRS990ScheduleD/TotalLiabilityAmt05655
IRS990ScheduleD/TotalRevenuePerForm990Amt01937122
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01941059
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01842074
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02447
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STALLION SEASON AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt039112
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039112
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt039112
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt039112
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt036665
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02447
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02447
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0419043
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0510242
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0830585
IRS990/TotalAssetsEOYAmt0963211
IRS990/TotalAssetsGrp/BOYAmt0830585
IRS990/TotalAssetsGrp/EOYAmt0963211
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01863231
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040141
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01803289
IRS990/TotalFunctionalExpensesGrp/TotalAmt01843430
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0638539
IRS990/TotalLiabilitiesEOYAmt0677473
IRS990/TotalLiabilitiesGrp/BOYAmt0638539
IRS990/TotalLiabilitiesGrp/EOYAmt0677473
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0192046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0285738
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01803289
IRS990/TotalProgramServiceRevenueAmt036182
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt037709
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt036182
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01937122
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0830585
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0963211
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0120
IRS990/TravelGrp/ProgramServicesAmt01080
IRS990/TravelGrp/TotalAmt01200
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-226997
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-224504
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0265 HIGHWAY 36
IRS990/USAddress/CityNm0W LONG BRANCH
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007764
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0NJBREDS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CAMPBELL EXEC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07325428880
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THOROUGHBRED BREEDERS' ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0THOR
ReturnHeader/Filer/EIN0216001631

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$963,211
Liabilities
$677,473
Net assets
$285,738
Revenue
$1,937,122
Expenses
$1,843,430
Net income
$93,692
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