Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
EIN 22-2904953 • 501(c)6 • Oceanport, NJ
Profile
Njtha, inc. Represents thoroughbred owners and trainers interests in the state of nj specifically to improve racing and promote the common business interests of the sport.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 21.7% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Assets
Down$167,693
Down $10,758,396 (-98%) from 2023
Liabilities
Down$414,812
Down $68,189,243 (-99%) from 2023
Net Assets
Up-$247,119
Up $57,430,847 (+100%) from 2023
Revenue
Down$898,338
Down $72,203 (-7.4%) from 2023
Expenses
Down$2,166,844
Down $2,897,995 (-57%) from 2023
Net Income
Up-$1,268,506
Up $2,825,792 (+69%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Njtha, inc. Represents thoroughbred ownersx and trainers' interests in the state of nj specifically to improve racing and promote the common business interests of the sport.
Njtha, inc. Represents thoroughbred owners and trainers interests in the state of nj specifically to improve racing and promote the common business interests of the sport.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $10,766,001 | $0 | ▼ $10,766,001 |
| Prepaid Expenses and Deferred Charges | $151,379 | $151,379 | → $0 |
| Other Notes and Loans Receivable, Net | $65 | $12,261 | ▲ $12,196 |
| Cash and Non-Interest-Bearing Accounts | $8,644 | $4,053 | ▼ $4,591 |
| Total Assets | $10,926,089 | $167,693 | ▼ $10,758,396 |
| Liabilities | |||
| Other Liabilities | $64,501,085 | $0 | ▼ $64,501,085 |
| Accounts Payable and Accrued Expenses | $4,102,970 | $410,312 | ▼ $3,692,658 |
| Unsecured Notes Loans Payable | - | $4,500 | - |
| Mortgage Notes Payable Secured by Investment Property | $0 | - | - |
| Total Liabilities | $68,604,055 | $414,812 | ▼ $68,189,243 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-57,677,966 | $-247,119 | ▲ $57,430,847 |
| Total Net Assets Fund Balance | $-57,677,966 | $-247,119 | ▲ $57,430,847 |
| Total Liabilities and Net Assets / Fund Balance | $10,926,089 | $167,693 | ▼ $10,758,396 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $0 | - | - |
| Land | $0 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael a Musto | - | - | $195,000 | $29,625 | $224,625 |
| Michael a Musto | Exec. Director | FT | $195,000 | - | $195,000 |
| Name | Title |
|---|---|
| Pat Mcburney | President |
| Timothy Hills | Vice President |
| Benjamin Perkins Jr | Director |
| Bob Matthies | Director |
| Dominic J Bossone | Director |
| James Cahill | Director |
| Thomas Swales | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,910,225 |
| Salaries, Compensation, and Employee Benefits | $241,619 |
| Grants and Similar Amounts Paid | $15,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $640,057 | $239,031 | $0 | $879,088 |
| Depreciation Depletion | $598,877 | $256,662 | $0 | $855,539 |
| Current Officers, Directors, Trustees, and Key Employees | $136,500 | $58,500 | $0 | $195,000 |
| Fees for Services Management | $114,275 | $48,975 | $0 | $163,250 |
| Pension Plan Contributions | $20,730 | $8,895 | $0 | $29,625 |
| Payroll Taxes | $11,896 | $5,098 | $0 | $16,994 |
| Grants to Domestic Orgs | $15,000 | - | - | $15,000 |
| Conferences and Meetings | $5,600 | $2,400 | $0 | $8,000 |
| Insurance | $660 | $283 | $0 | $943 |
| Office Expenses | $350 | $150 | $0 | $500 |
| Fees for Services Accounting | $245 | $105 | $0 | $350 |
| Other Expenses | $64 | $27 | $0 | $91 |
| Total Functional Expenses | $1,545,979 | $620,865 | $0 | $2,166,844 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| NJ THOROUGHBRED HORSEMEN'S CHARITABLE ORG | Oceanport, NJ | 501c(3) | - | $15,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Darby Development LLC | $0 |
| Investment in Restaurant | $0 |
“ORGANIZATION HAS MEMBERS”
“Members can vote in election of officers and board”
“Review and approval by board of directors”
“Review and approval by board of directors”
“Documents available for review upon request”
“Documents available for review upon request”
“Line 9 other adjustment related to monmouth park lease transfer to darby development, llc effective 8/27/2024”
“Health and welfare funding 395800. 395800.”
“Loss restaurant investment 83057. 83057.”
“Legal outside budget 239031. 0. 239031.”
“Mp expense reimbursement 161235. 161235.”
“Equipment rental -35. -35.”
“The association qualifies as a tax-exempt organization under section 501(c)(6) of the internal revenue code. Accordingly, the association is not subject to federal income tax. The trust is a grantor trust as defined by the internal revenue code. The association believes that its increased involvement with thoroughbred racing activities and the lease of monmouth park does not impact its tax exempt status. The association has determined that there are no unrecognized tax positions as of december 31, 2024”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 4102970 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 410312 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | NJTHA, INC. REPRESENTS THOROUGHBRED OWNERS AND TRAINERS INTERESTS IN THE STATE OF NJ SPECIFICALLY TO IMPROVE RACING AND PROMOTE THE COMMON BUSINESS INTERESTS OF THE SPORT. |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 239031 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 640057 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 879088 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | EXECUTIVE DIRECTOR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7322228081 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | AS |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ADDRESSED |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07757 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 8644 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 4053 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 58500 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 136500 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 195000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/FundraisingAmt | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 2400 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 5600 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 8000 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 15000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 11 |
| IRS990/CYOtherExpensesAmt | 0 | 1910225 |
| IRS990/CYOtherRevenueAmt | 0 | 898327 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -1268506 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 241619 |
| IRS990/CYTotalExpensesAmt | 0 | 2166844 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 898338 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 256662 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 598877 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 855539 |
| IRS990/Desc | 0 | NJTHA, INC. REPRESENTS THOROUGHBRED OWNERS AND TRAINERS INTERESTS IN THE STATE OF NJ SPECIFICALLY TO IMPROVE RACING CONDITIONS IN THE THOROUGHBRED INDUSTRY FOR ALL HORSEMEN AND THEIR EMPLOYEES AND PROMOTE THE COMMON BUSINESS INTEREST OF THE MEMBERS IN MATTERS BEFORE GOVERNMENT AGENCIES, THE MANAGEMNT OF NJ THOROUGHBRED RACETRACKS AND OTHER INDUSTRY RELATED ORGANIZATIONS. THE NJTHA RECEIVES SUBSTANTIALLY ALL OF ITS REVENUE FROM NJ HORSE RACING TRACKS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 1 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 105 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 245 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 350 |
| IRS990/FeesForServicesManagementGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 48975 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 114275 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 163250 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| 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/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | PAT MCBURNEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MICHAEL A MUSTO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TIMOTHY HILLS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DOMINIC J BOSSONE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JAMES CAHILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BOB MATTHIES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | THOMAS SWALES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BENJAMIN PERKINS JR |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 195000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 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/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | EXEC. DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1988 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 15000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 15000 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 898338 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 12196 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 283 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 660 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 943 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 11 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 10766001 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NJ |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | NJTHA, INC. REPRESENTS THOROUGHBRED OWNERS AND TRAINERS INTERESTS IN THE STATE OF NJ SPECIFICALLY TO IMPROVE RACING AND PROMOTE THE COMMON BUSINESS INTERESTS OF THE SPORT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -57677966 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -247119 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12196 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 12196 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -57677966 |
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| IRS990/OtherChangesInNetAssetsAmt | 0 | 58157731 |
| IRS990/OtherExpensesGrp/Desc | 0 | PAYROLL SERVICE FEES |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | POSTAGE FEES |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 694 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 45 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 27 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1620 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 105 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 64 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2314 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 150 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 91 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 64501085 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | STATUTORY FUNDING |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | NON-STATUTORY FUNDING |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | OTHER REVENUE - NJCFS |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | 0 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 2 | 0 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 660000 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 28906 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 2 | 197225 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 660000 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 28906 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 197225 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 886131 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 65 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 12261 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 5098 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 11896 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 16994 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 8895 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 20730 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 29625 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 151379 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 151379 |
| IRS990/PrincipalOfficerNm | 0 | MICHAEL MUSTO EXEC DIR |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 541622 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 101734 |
| IRS990/PYOtherExpensesAmt | 0 | 4831249 |
| IRS990/PYOtherRevenueAmt | 0 | 868807 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -4094298 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 233590 |
| IRS990/PYTotalExpensesAmt | 0 | 5064839 |
| IRS990/PYTotalRevenueAmt | 0 | 970541 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1268506 |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 12196 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO DARBY DEVELOPMENT LLC |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | INVESTMENT IN RESTAURANT |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ASSOCIATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ASSOCIATION IS NOT SUBJECT TO FEDERAL INCOME TAX. THE TRUST IS A GRANTOR TRUST AS DEFINED BY THE INTERNAL REVENUE CODE. THE ASSOCIATION BELIEVES THAT ITS INCREASED INVOLVEMENT WITH THOROUGHBRED RACING ACTIVITIES AND THE LEASE OF MONMOUTH PARK DOES NOT IMPACT ITS TAX EXEMPT STATUS. THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO UNRECOGNIZED TAX POSITIONS AS OF DECEMBER 31, 2024 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt X, Line 2 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 0 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 15000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501c(3) |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | NJ THOROUGHBRED HORSEMEN'S CHARITABLE ORG |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 833161474 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 175 OCEANPORT AVE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | OCEANPORT |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 07757 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 195000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 25500 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 29625 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | MICHAEL A MUSTO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 224625 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ORGANIZATION HAS MEMBERS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MEMBERS CAN VOTE IN ELECTION OF OFFICERS AND BOARD |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | REVIEW AND APPROVAL BY BOARD OF DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | REVIEW AND APPROVAL BY BOARD OF DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DOCUMENTS AVAILABLE FOR REVIEW UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DOCUMENTS AVAILABLE FOR REVIEW UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | LINE 9 OTHER ADJUSTMENT RELATED TO MONMOUTH PARK LEASE TRANSFER TO DARBY DEVELOPMENT, LLC EFFECTIVE 8/27/2024 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | HEALTH AND WELFARE FUNDING 395800. 395800. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | LOSS RESTAURANT INVESTMENT 83057. 83057. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | LEGAL OUTSIDE BUDGET 239031. 0. 239031. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | MP EXPENSE REIMBURSEMENT 161235. 161235. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | EQUIPMENT RENTAL -35. -35. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Pt XI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990, Part IX, Line 24e |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | NJTHA INC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 0 | 226556088 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | T |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | NJ |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct | 0 | 0.00000 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | SEE ATTACHED |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | NJ THOROUGHBRED HORSEMAN'S BENEVOLENT ASSOC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 175 OCEANPORT AVE |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 0 | OCEANPORT |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 0 | 07757 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 0 | false |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 0 | 811349435 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 0 | true |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 0 | NJ |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct | 0 | 0.99000 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 0 | RESTAURANT |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | BLUE GRASS SPIRITS LLC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt | 0 | -83057 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/UBICodeVAmt | 0 | 17615 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 0 | 25 RECKLESS PLACE |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm | 0 | RED BANK |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 0 | 07701 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | NJTHA INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | NJTHA SSF |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 205885030 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 527 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | NJ |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | SEE ATTACHED |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 175 OCEANPORT AVE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | OCEANPORT |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 07757 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | true |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | false |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 395800 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | FAIR MARKET VALUE |
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