Civic Intelligence

Thoroughbred Rehab Center Inc

EIN 41-2087328 • 501(c)3 • Monrovia, CA

Revoked990-N Coverage

Profile

We are an organization that rescues, rehabilitates and places injured racehorses in homes after their racing career has ended.

Revocation date: May 15, 2023

PO Box 1426Monrovia, CA 91017

www.tbrci.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

12th percentile

-63%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

18th percentile

-55%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

20th percentile

-45%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$16,807

Down $20,428 (-55%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$16,807

Down $20,428 (-55%) from 2016

Revenue

Down

$32,454

Down $27,043 (-45%) from 2016

Expenses

Down

$52,882

Down $30,255 (-36%) from 2016

Net Income

Up

-$20,428

Up $3,212 (+14%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2013: $12,500Liabilities 2013: $02013Assets 2014: $44,174Liabilities 2014: $02014Assets 2015: $60,875Liabilities 2015: $0Net Assets 2015: $60,8752015Assets 2016: $37,235Liabilities 2016: $0Net Assets 2016: $37,2352016Assets 2017: $16,807Liabilities 2017: $0Net Assets 2017: $16,8072017

Highlighted filing

2017

Assets$16,807
Liabilities$0
Net Assets$16,807

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2013: $70,700Expenses 2013: $72,179Net Income 2013: -$1,4792013Revenue 2014: $56,622Expenses 2014: $49,528Net Income 2014: $7,0942014Revenue 2015: $97,328Expenses 2015: $80,627Net Income 2015: $16,7012015Revenue 2016: $59,497Expenses 2016: $83,137Net Income 2016: -$23,6402016Revenue 2017: $32,454Expenses 2017: $52,882Net Income 2017: -$20,4282017

Highlighted filing

2017

Revenue$32,454
Expenses$52,882
Net Income-$20,428

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 7, 2018
Return Version
2017v2.3
Gross Receipts
$32,454
Mission and Program Overview

Mission

We are an organization that rescues, rehabilitates and places injured racehorses in homes after their racing career has ended.

Program Services

DescriptionGrantsExpenses
THE RESCUE AND PLACEMENT OF THOROUGHBRED AND ALL OTHER BREEDS OF HORSES.$30,941$42,881
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEIGH GRAYPresident And CEOPT$0--
MARY KNIGHTChair-$0--
CINDY WILSONTreasurer-$0--
LAURA BRADLEYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Thoroughbred Rehab Center Inc
EIN
41-2087328
Phone
6268640428
Address
PO BOX 1426, MONROVIA, CA 91017

Signing Officer

Name
Leigh Gray
Title
President
Phone
6268240428
Signed
2018-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Dawson & Associates Inc
Address
16027 VENTURA BLVD STE 501, ENCINO, CA 91436
Preparer
Linda Dawson
Phone
8183799800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: dividends. Amount: 13.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 210.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: farrier expense. Amount: 1,180. Description: boarding. Amount: 27,323. Description: supplies. Amount: 2,061. Description: trailering. Amount: 1,375. Description: taxes and fees. Amount: 250. Description: training horses. Amount: 3,141. Description: veterinary fees. Amount: 1,561. Description: insurance expense. Amount: 2,754. Description: telephone. Amount: 2,455. Description: travel. Amount: 5,322. Description: education. Amount: 930. Total to form 990-ez, line 16: 48,352.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 524. End of year amount: 314.

Raw XML Appendix175 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LEIGH GRAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARY KNIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CINDY WILSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT AND CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt048352
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0WE ARE AN ORGANIZATION THAT RESCUES, REHABILITATES AND PLACES INJURED RACEHORSES IN HOMES AFTER THEIR RACING CAREER HAS ENDED.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt030941
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDENDS. AMOUNT: 13.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 210.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: FARRIER EXPENSE. AMOUNT: 1,180. DESCRIPTION: BOARDING. AMOUNT: 27,323. DESCRIPTION: SUPPLIES. AMOUNT: 2,061. DESCRIPTION: TRAILERING. AMOUNT: 1,375. DESCRIPTION: TAXES AND FEES. AMOUNT: 250. DESCRIPTION: TRAINING HORSES. AMOUNT: 3,141. DESCRIPTION: VETERINARY FEES. AMOUNT: 1,561. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 2,754. DESCRIPTION: TELEPHONE. AMOUNT: 2,455. DESCRIPTION: TRAVEL. AMOUNT: 5,322. DESCRIPTION: EDUCATION. AMOUNT: 930. TOTAL TO FORM 990-EZ, LINE 16: 48,352.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LEIGH GRAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06268240428
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THOROUGHBRED REHAB CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0THOR
ReturnHeader/Filer/EIN0412087328
ReturnHeader/Filer/PhoneNum06268640428
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ReturnHeader/FilingSecurityInformation/IPTm016:33:39
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAWSON & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016027 VENTURA BLVD STE 501
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA DAWSON
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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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