Civic Intelligence

New Vocations Race Horse Adoption Program

990 • Fiscal year 2017 • EIN 31-1681380

Jan 01, 2017 to Dec 31, 2017 • Filed on May 21, 2018

3293 Wright RoadLaura, OH 45337

(937) 947-1218

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

51st percentile

3.1%

Higher net margin than 51% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

24th percentile

$51,300

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

40th percentile

1.3%

Faster asset growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-32%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$5,311,629

Up $69,248 (+1.3%) from 2016

Net Assets

Up

$5,280,429

Up $66,379 (+1.3%) from 2016

Liabilities

Up

$31,200

Up $2,869 (+10%) from 2016

Revenue

Down

$2,141,691

Down $1,002,532 (-32%) from 2016

Expenses

Up

$2,075,312

Up $445,904 (+27%) from 2016

Net Income

Down

$66,379

Down $1,448,436 (-96%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $657,250Liabilities 2011: $3,553Net Assets 2011: $653,6972011Assets 2012: $807,655Liabilities 2012: $4,738Net Assets 2012: $802,9172012Assets 2013: $895,975Liabilities 2013: $4,994Net Assets 2013: $890,9812013Assets 2014: $1,995,150Liabilities 2014: $3,484Net Assets 2014: $1,991,6662014Assets 2015: $3,706,604Liabilities 2015: $7,369Net Assets 2015: $3,699,2352015Assets 2016: $5,242,381Liabilities 2016: $28,331Net Assets 2016: $5,214,0502016Assets 2017: $5,311,629Liabilities 2017: $31,200Net Assets 2017: $5,280,4292017Assets 2018: $4,952,379Liabilities 2018: $17,033Net Assets 2018: $4,935,3462018Assets 2019: $5,266,819Liabilities 2019: $28,449Net Assets 2019: $5,238,3702019Assets 2020: $6,356,864Liabilities 2020: $26,179Net Assets 2020: $6,330,6852020Assets 2021: $7,533,881Liabilities 2021: $19,650Net Assets 2021: $7,514,2312021Assets 2022: $7,348,673Liabilities 2022: $18,220Net Assets 2022: $7,330,4532022Assets 2024: $9,853,188Liabilities 2024: $156,825Net Assets 2024: $9,696,3632024

Highlighted filing

2017

Assets$5,311,629
Liabilities$31,200
Net Assets$5,280,429

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $742,5422011Expenses 2012: $934,7812012Revenue 2013: $1,098,332Expenses 2013: $1,010,268Net Income 2013: $88,0642013Revenue 2014: $2,270,082Expenses 2014: $1,169,397Net Income 2014: $1,100,6852014Revenue 2015: $3,056,991Expenses 2015: $1,349,422Net Income 2015: $1,707,5692015Revenue 2016: $3,144,223Expenses 2016: $1,629,408Net Income 2016: $1,514,8152016Revenue 2017: $2,141,691Expenses 2017: $2,075,312Net Income 2017: $66,3792017Revenue 2018: $1,763,254Expenses 2018: $2,108,337Net Income 2018: -$345,0832018Revenue 2019: $2,484,433Expenses 2019: $2,181,409Net Income 2019: $303,0242019Revenue 2020: $3,233,610Expenses 2020: $2,141,295Net Income 2020: $1,092,3152020Revenue 2021: $3,404,766Expenses 2021: $2,221,220Net Income 2021: $1,183,5462021Revenue 2022: $3,344,191Expenses 2022: $2,693,478Net Income 2022: $650,7132022Revenue 2024: $6,275,170Expenses 2024: $4,450,058Net Income 2024: $1,825,1122024

Highlighted filing

2017

Revenue$2,141,691
Expenses$2,075,312
Net Income$66,379
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 21, 2018
Return Version
2017v2.3
Gross Receipts
$2,206,810
Mission and Program Overview

Mission

Rehabilitation and adoption program for retired race horses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,605,373$2,504,586▼ $100,787
Land, Buildings, and Equipment, Net$1,880,625$2,035,813▲ $155,188
Cash and Non-Interest-Bearing Accounts$756,383$771,230▲ $14,847
Total Assets$5,242,381$5,311,629▲ $69,248
Liabilities
Accounts Payable and Accrued Expenses$28,331$31,200▲ $2,869
Total Liabilities$28,331$31,200▲ $2,869
Net Assets / Fund Balance
Unrestricted Net Assets$5,099,847$5,203,902▲ $104,055
Temporarily Rstr Net Assets$114,203$76,527▼ $37,676
Total Net Assets Fund Balance$5,214,050$5,280,429▲ $66,379
Total Liabilities and Net Assets / Fund Balance$5,242,381$5,311,629▲ $69,248

Asset Categories

AssetBook ValueDepreciationBasis
Land$501,408-$501,408
Equipment$110,399$95,422$205,821
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dot MorganExec. DirectorFT$51,300$51,300

Board Members and Trustees

NameTitle
Jim BuchyBd-president
Katie RyanBoard Member
Mickey BurkeBoard Member
Oren PlousBoard Member
Tony LacyBoard Member
Mandy MingerBd-vice-pres
Revenue and Support

Revenue Composition

Contributions and Grants
$1,367,432
Program Service Revenue
$140,085
Investment Income
$289,497
Other Revenue
$344,677
All Other Contributions
$1,367,432
Change in Net Assets
$66,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,631,397
Salaries, Compensation, and Employee Benefits$443,915
Total Fundraising Expense$107,157
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$339,021--$339,021
Depreciation Depletion$246,286--$246,286
All Other Expenses$195,794$12,695$1,392$209,881
Conferences and Meetings$73,094--$73,094
Other Expenses$71,826-$65,120$65,120
Current Officers, Directors, Trustees, and Key Employees$21,951$13,374$15,975$51,300
Office Expenses$26,364$844$19,588$46,796
Payroll Taxes$42,151$1,413$1,584$45,148
Advertising$40,989-$1,404$42,393
Travel$26,005$2,657$792$29,454
Occupancy$21,915$543$579$23,037
Insurance$20,173$2,387-$22,560
Pension Plan Contributions$7,079$644$723$8,446
Total Functional Expenses$1,933,598$34,557$107,157$2,075,312
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$409,796
Fundraising Direct Expenses$65,119
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Horse Show$214,312$214,312$65,119$149,193
Stud Fee Auctio$97,175$97,175-$97,175
Total Events$409,796$409,796$65,119$344,677
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive director and bookkeeper review the form. The board is notified when it has been completed and that it is available for review.

Form 990, Page 6, Part VI, Line 12C

In accordance with the board approved policies.

Form 990, Page 6, Part VI, Line 15A

In accordance with the adopted policies, including contacting similar agencies for comparison.

Form 990, Page 6, Part VI, Line 15B

In accordance with the adopted policies, including contacting similar agencies for comparison.

Form 990, Page 6, Part VI, Line 19

The documents are avaiable upon request in accorance with the adopted policies.

Filing and Contact Details

Filer

Filer Name
New Vocations Race Horse Adoption
EIN
31-1681380
Phone
9379471218
Address
3293 WRIGHT ROAD, LAURA, OH 45337

Signing Officer

Name
Jim Buchy
Title
Bd-president
Phone
9379471218
Signed
2018-05-21

Organization Details

Principal Officer
Jim Buchy
Formed
1999
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
36

Preparer

Firm
Sam Brown CPA Inc
Address
PO BOX 1027, TROY, OH 45373-8027
Preparer
Sam B Brown
Phone
9378759510
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Farrier (blacksmith) 51,448 0 0 investment expense 37,834 0 0 professional fees 13,513 7,771 1,222 equipment rental & maint. 20,430 0 0 contracted labor 18,606 903 0 placement fees 15,275 0 0 trucking expenses 14,142 0 0 equine supplies 9,572 0 0 telephone 8,252 85 170 volunteer recognition 5,156 955 0 miscellaneous 1,566 2,981 0 total 195,794 12,695 1,392

Raw XML Appendix384 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02672696
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02099677
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0893040
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09463136
IRS990ScheduleA/TotalSupportAmt09524370
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0110399
IRS990ScheduleD/EquipmentGrp/DepreciationAmt095422
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0205821
IRS990ScheduleD/LandGrp/BookValueAmt0501408
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0501408
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0611807
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt065119
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HORSE SHOW
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0STUD FEE AUCTIO
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0214312
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt097175
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt098309
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0409796
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0214312
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt097175
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt098309
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0409796
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0344677
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt065119
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt065119
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR AND BOOKKEEPER REVIEW THE FORM. THE BOARD IS NOTIFIED WHEN IT HAS BEEN COMPLETED AND THAT IT IS AVAILABLE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ACCORDANCE WITH THE BOARD APPROVED POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN ACCORDANCE WITH THE ADOPTED POLICIES, INCLUDING CONTACTING SIMILAR AGENCIES FOR COMPARISON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN ACCORDANCE WITH THE ADOPTED POLICIES, INCLUDING CONTACTING SIMILAR AGENCIES FOR COMPARISON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE AVAIABLE UPON REQUEST IN ACCORANCE WITH THE ADOPTED POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FARRIER (BLACKSMITH) 51,448 0 0 INVESTMENT EXPENSE 37,834 0 0 PROFESSIONAL FEES 13,513 7,771 1,222 EQUIPMENT RENTAL & MAINT. 20,430 0 0 CONTRACTED LABOR 18,606 903 0 PLACEMENT FEES 15,275 0 0 TRUCKING EXPENSES 14,142 0 0 EQUINE SUPPLIES 9,572 0 0 TELEPHONE 8,252 85 170 VOLUNTEER RECOGNITION 5,156 955 0 MISCELLANEOUS 1,566 2,981 0 TOTAL 195,794 12,695 1,392
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0114203
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt076527
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05242381
IRS990/TotalAssetsEOYAmt05311629
IRS990/TotalAssetsGrp/BOYAmt05242381
IRS990/TotalAssetsGrp/EOYAmt05311629
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01367432
IRS990/TotalEmployeeCnt036
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0107157
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034557
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01933598
IRS990/TotalFunctionalExpensesGrp/TotalAmt02075312
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028331
IRS990/TotalLiabilitiesEOYAmt031200
IRS990/TotalLiabilitiesGrp/BOYAmt028331
IRS990/TotalLiabilitiesGrp/EOYAmt031200
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05214050
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05280429
IRS990/TotalProgramServiceExpensesAmt01933598
IRS990/TotalProgramServiceRevenueAmt0140085
IRS990/TotalReportableCompFromOrgAmt051300
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0429582
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02141691
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05242381
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05311629
IRS990/TravelGrp/FundraisingAmt0792
IRS990/TravelGrp/ManagementAndGeneralAmt02657
IRS990/TravelGrp/ProgramServicesAmt026005
IRS990/TravelGrp/TotalAmt029454
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05099847
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05203902
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM BUCHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BD-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09379471218
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW VOCATIONS RACE HORSE ADOPTION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PROGRAM
ReturnHeader/Filer/BusinessNameControlTxt0NEWV
ReturnHeader/Filer/EIN0311681380
ReturnHeader/Filer/PhoneNum09379471218
ReturnHeader/Filer/USAddress/AddressLine1Txt03293 WRIGHT ROAD
ReturnHeader/Filer/USAddress/CityNm0LAURA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045337
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00B44270D29573665E0F651872049659F1C08C1AF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0809B6D88A1FA15D5C95C60BC66B77CE8A0606362
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-05-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:10:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0473123679
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAM BROWN CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1027
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TROY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0453738027
ReturnHeader/PreparerPersonGrp/PhoneNum09378759510
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAM B BROWN
ReturnHeader/ReturnTs02018-05-24T13:10:40-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.85$0.16$9.70$6.28$4.45$1.83
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.35$0.02$7.33$3.34$2.69$0.65
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.53$0.02$7.51$3.40$2.22$1.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.36$0.03$6.33$3.23$2.14$1.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$0.03$5.24$2.48$2.18$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.95$0.02$4.94$1.76$2.11$0.35
2017Detailed filing. Detailed filing data is available for this year.$5.31$0.03$5.28$2.14$2.08$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.24$0.03$5.21$3.14$1.63$1.51
2015Detailed filing. Detailed filing data is available for this year.$3.71$0.01$3.70$3.06$1.35$1.71
2014Detailed filing. Detailed filing data is available for this year.$2.00$0.00$1.99$2.27$1.17$1.10
2013Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.89$1.10$1.01$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.00$0.80$0.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.65$0.74
Peer Organizations

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