Civic Intelligence

Ntra Charities Inc.

990 • Fiscal year 2024 • EIN 31-1695785

Apr 01, 2023 to Mar 31, 2024 • Filed on Jan 21, 2025

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401 West Main Street 222Lexington, KY 40507

(859) 245-6872

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

9th percentile

-57%

Higher net margin than 9% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

100th percentile

$398,259

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 1279.5% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

32nd percentile

-11%

Faster asset growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-89%

Faster revenue growth than 3% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$228,094

Up $227,020 (+21138%) from 2022

Net Assets

Up

$226,659

Up $225,875 (+28811%) from 2022

Liabilities

Up

$1,435

Up $1,145 (+395%) from 2022

Revenue

Up

$31,126

Up $30,586 (+5664%) from 2022

Expenses

Up

$48,915

Up $48,797 (+41353%) from 2022

Net Income

Down

-$17,789

Down $18,211 (-4315%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $139,347Liabilities 2015: $19,776Net Assets 2015: $119,5712015Assets 2016: $144,242Liabilities 2016: $20,862Net Assets 2016: $123,3802016Assets 2018: $88,958Liabilities 2018: $8,717Net Assets 2018: $80,2412018Assets 2019: $87,859Liabilities 2019: $8,717Net Assets 2019: $79,1422019Assets 2020: $535Liabilities 2020: $173Net Assets 2020: $3622020Assets 2021: $535Liabilities 2021: $173Net Assets 2021: $3622021Assets 2022: $1,074Liabilities 2022: $290Net Assets 2022: $7842022Assets 2024: $228,094Liabilities 2024: $1,435Net Assets 2024: $226,6592024Assets 2025: $155,325Liabilities 2025: $10,000Net Assets 2025: $145,3252025

Highlighted filing

2024

Assets$228,094
Liabilities$1,435
Net Assets$226,659

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2015: $5,664Expenses 2015: $5,043Net Income 2015: $6212015Revenue 2016: $5,155Expenses 2016: $1,346Net Income 2016: $3,8092016Revenue 2018: $50Expenses 2018: $36,164Net Income 2018: -$36,1142018Revenue 2019: $51Expenses 2019: $1,150Net Income 2019: -$1,0992019Revenue 2020: $0Expenses 2020: $78,780Net Income 2020: -$78,7802020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $540Expenses 2022: $118Net Income 2022: $4222022Revenue 2024: $31,126Expenses 2024: $48,915Net Income 2024: -$17,7892024Revenue 2025: $33,048Expenses 2025: $114,382Net Income 2025: -$81,3342025

Highlighted filing

2024

Revenue$31,126
Expenses$48,915
Net Income-$17,789
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Jan 21, 2025
Return Version
2023v6.0
Gross Receipts
$31,126
Mission and Program Overview

Mission

To promote, build awareness for, and support charities in or related to the thoroughbred industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$211,286▲ $211,286
Cash and Non-Interest-Bearing Accounts$255,438$16,598▼ $238,840
Total Assets$255,648$228,094▼ $27,554
Other Assets Total$210$210→ $0
Liabilities
Accounts Payable and Accrued Expenses$11,200$1,435▼ $9,765
Total Liabilities$11,200$1,435▼ $9,765
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$244,448$226,659▼ $17,789
Total Net Assets Fund Balance$244,448$226,659▼ $17,789
Total Liabilities and Net Assets / Fund Balance$255,648$228,094▼ $27,554
Compensation and Service Providers

Employees

NameTitleOtherTotal
Georganna LillyController$125,386$125,386

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$29,760
Program Service Revenue
$0
Investment Income
$1,366
Other Revenue
$0
All Other Contributions
$29,760
Change in Net Assets
$-17,789
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$48,835
Other Expenses$80
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$48,835--$48,835
Other Expenses-$80-$80
Total Functional Expenses$48,835$80$0$48,915
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Permanently Disabled Jockey FundLexington, KY501(c)(3)Program Support$11,200
National Museum of Racing IncSaratoga Springs, NY501(c)(3)Program Support$10,000
Thouroughbred Aftercare Alliance Foundation IncLexington, KY501(c)(3)Program Support$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Business relationship with 35% controlled entity
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
No
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

The board of directors of the national thoroughbred racing association, inc. ("ntra") shall select the members of the board of directors of the organization.

Form 990, Part VI, Section B, Line 11B

The chief financial officer of the ntra reviews and approves the form 990 prepared by the organizations accounting firm. All members of the governing body of the ntra are provided a copy of this form 990 prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

In accordance with the business ethics and conflict of interest policy of national thoroughbred racing association, inc. ("ntra"), each director, officer and employee of ntra must provide information regarding potential conflicts of interest involving any business enterprise with which the ntra has a business relationship. Cfo monitors conflict of interest policy by reveiwing most checks, reviewing the general ledger, reading all contracts and sending out the annual disclosure conflict of interest policy to the board. Any conflicts of interest are taken to the board for resolution.

Form 990, Part VI, Section B, Line 15

The organization does not compensate any management official.

Form 990, Part VI, Section C, Line 19

Governing documents and conflicts of interest policy available to the public upon request. Financial statements available to the public upon request and via website.

Filing and Contact Details

Filer

Filer Name
Ntra Charities Inc
EIN
31-1695785
Phone
8592456872
Address
401 WEST MAIN STREET 222, LEXINGTON, KY 40507

Signing Officer

Name
Keith Chamblin
Title
COO
Phone
8592456872
Signed
2025-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Chamblin
Formed
1999
Legal Domicile
Ky
Voting Board Members
15
Independent Board Members
13
Employees
0
Volunteers
15

Preparer

Firm
Lbmc Pc
Address
325 WEST MAIN STREET STE 1600, LOUISVILLE, KY 40202
Preparer
William G Meyer Iii
Phone
5025851600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year. The finance committee of the board of directors oversees selection of the organization's independent accountants.

Financial Statement Notes

PART X, LINE 2:

Generally accepted accounting principles prescribe a comprehensive model for how an organization should measure, recognize, present and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. There is no impact on the association's consolidated financial statements as a result of the application of these accounting principles.

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IRS990/PrincipalOfficerNm0KEITH CHAMBLIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0291264
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt047450
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0150
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0243664
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt047600
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0291264
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-17789
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0211286
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: BEQUEATH DATE: 03/31/24 AMOUNT: 29760.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt029760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0291264
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0321564
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01366
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01366
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99580
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0321564
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt029760
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0291264
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0540
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0321564
IRS990ScheduleA/TotalSupportAmt0322930
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THERE IS NO IMPACT ON THE ASSOCIATION'S CONSOLIDATED FINANCIAL STATEMENTS AS A RESULT OF THE APPLICATION OF THESE ACCOUNTING PRINCIPLES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt211200
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NATIONAL MUSEUM OF RACING INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THOUROUGHBRED AFTERCARE ALLIANCE FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2PERMANENTLY DISABLED JOCKEY FUND
IRS990ScheduleI/RecipientTable/RecipientEIN0141421321
IRS990ScheduleI/RecipientTable/RecipientEIN1454783644
IRS990ScheduleI/RecipientTable/RecipientEIN2205110346
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0191 UNION AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1821 CORPORAATE DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 910864
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SARATOGA SPRINGS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LEXINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2LEXINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1KY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2KY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd012866
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd140503
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd240291
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0382578
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1297764
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09952
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt19120
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05729
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt13760
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS ROONEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KEITH CHAMBLIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0398259
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1310644
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00

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