Civic Intelligence

Racing for Home Inc

EIN 45-1058929 • 501(c)3 • Hamden, CT

Profile

Our mission is to transition retired racehorses for a second career Some we try to retrain and find permanent homes for the horses through adoption others with major injuries we try to rehabilitate and provide sanctuary for them to live out their days on our farms

155 Blake RoadHamden, CT 06517

racingforhomeinc.com

Siviq Scores

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

Liabilities / Assets

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

54th percentile

3.6%

Higher net margin than 54% of similar nonprofits.

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

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 2024

Asset Growth

68th percentile

11%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

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

Assets

Up

$85,372

Up $8,154 (+11%) from 2023

Liabilities

Flat

$25,000

Flat from 2023

Net Assets

Up

$60,372

Up $8,154 (+16%) from 2023

Revenue

Up

$225,579

Up $39,370 (+21%) from 2023

Expenses

Up

$217,425

Up $39,889 (+22%) from 2023

Net Income

Down

$8,154

Down $519 (-6.0%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2019: $12,594Liabilities 2019: $02019Assets 2020: $45,020Liabilities 2020: $25,0002020Assets 2021: $51,255Liabilities 2021: $25,000Net Assets 2021: $26,2552021Assets 2022: $47,495Liabilities 2022: $25,000Net Assets 2022: $22,4952022Assets 2023: $77,218Liabilities 2023: $25,000Net Assets 2023: $52,2182023Assets 2024: $85,372Liabilities 2024: $25,000Net Assets 2024: $60,3722024

Highlighted filing

2024

Assets$85,372
Liabilities$25,000
Net Assets$60,372

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $89,190Expenses 2019: $93,083Net Income 2019: -$3,8932019Revenue 2020: $92,320Expenses 2020: $94,920Net Income 2020: -$2,6002020Revenue 2021: $102,635Expenses 2021: $103,400Net Income 2021: -$7652021Revenue 2022: $162,300Expenses 2022: $160,170Net Income 2022: $2,1302022Revenue 2023: $186,209Expenses 2023: $177,536Net Income 2023: $8,6732023Revenue 2024: $225,579Expenses 2024: $217,425Net Income 2024: $8,1542024

Highlighted filing

2024

Revenue$225,579
Expenses$217,425
Net Income$8,154

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 5, 2025
Return Version
2024v5.0
Gross Receipts
$229,080
Mission and Program Overview

Mission

Rehabilitation rehoming retraining and providing sanctuary for off track thoroughbreds after their racing careers are over

Our mission is to transition retired racehorses for a second career. Some we try to retrain and find permanent homes for the horses through adoption; others with major injuries we try and rehabilitate and provide sanctuary for them to live out their days on our farms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$55,000▲ $55,000
Cash and Non-Interest-Bearing Accounts$56,518$10,672▼ $45,846
Inventories for Sale or Use$6,200$5,200▼ $1,000
Total Assets$77,218$85,372▲ $8,154
Other Assets Total$14,500$14,500→ $0
Liabilities
Unsecured Notes Loans Payable$25,000$25,000→ $0
Total Liabilities$25,000$25,000→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$52,218$60,372▲ $8,154
Total Net Assets Fund Balance$52,218$60,372▲ $8,154
Total Liabilities and Net Assets / Fund Balance$77,218$85,372▲ $8,154

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$14,500--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Acacia Courtney ClementPresident
Brian CourtneyVice President
Sherrie CourtneyVice President
Kim BoocherDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$225,260
Program Service Revenue
$0
Investment Income
$319
Other Revenue
$0
All Other Contributions
$225,260
Change in Net Assets
$8,154
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$217,425
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$138,600--$138,600
All Other Expenses$18,623--$18,623
Other Expenses$8,700--$8,700
Insurance$3,750--$3,750
Total Functional Expenses$217,425$0$0$217,425
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

Vice President Brian Courtney maintained the books and records for the year, and assembled the information for the return. Once the return was prepared, the return was shared with the board of directors before filing.

Part VI, Line 12C

All of our officers and directors are volunteer, do not earn, and have never been paid, any salary, fees or other remuneration of any kind since the formation of the Company in 2010.

Part VI, Line 19

Our governing documents and conflict of interest policy are available upon request. We are required to provide those to the TAA every two years on re-accreditation. We do not publicly disclose our financial statements, although the majority of that information is included in our public 990.

Part VI, Line 2

The president and chair of the board of the company, Acacia Courtney Clement, is the daughter of VP and director Sherrie Courtney, and VP Brian Courtney

Part VI, Line 9

Director Kim Boocher can be reached at 200 Leslie Drive Hallandale Beach FL 33008

Filing and Contact Details

Filer

Filer Name
Racing for Home Inc
EIN
45-1058929
Address
155 Blake Road, Hamden, CT 06517

Signing Officer

Name
Brian CourtneyRacing For Home Inc
Title
Vice President
Signed
2025-08-05

Organization Details

Principal Officer
Acacia Courtney Clement
Formed
2011
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
5
Supplemental Narrative

Additional Explanations

Part III, Line 2

We are accredited by the Thoroughbred Aftercare Alliance (TAA) as one of only 83 organizations in the US. TAA is the accrediting body of Thoroughbred horse rescue nonprofits. The process of accreditation is an extensive analysis of our financial controls and organization, a physical inspection of our facilities by Jockey Club approved inspectors, and assessment of our horses. TAA provides us with an annual grant to offset some of our operating expenses. All revenue goes exclusively to the care of our horses through board, vet, or training. Our organization has been featured on Fox Sports, Fox and Friends, the Today show, and numerous other media outlets.

Part IX, Line 11G

our horses are boarded at third party barns; our total boarding costs are included under the occupancy category.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0We are accredited by the Thoroughbred Aftercare Alliance (TAA) as one of only 83 organizations in the US. TAA is the accrediting body of Thoroughbred horse rescue nonprofits. The process of accreditation is an extensive analysis of our financial controls and organization, a physical inspection of our facilities by Jockey Club approved inspectors, and assessment of our horses. TAA provides us with an annual grant to offset some of our operating expenses. All revenue goes exclusively to the care of our horses through board, vet, or training. Our organization has been featured on Fox Sports, Fox and Friends, the Today show, and numerous other media outlets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1our horses are boarded at third party barns; our total boarding costs are included under the occupancy category.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Vice President Brian Courtney maintained the books and records for the year, and assembled the information for the return. Once the return was prepared, the return was shared with the board of directors before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All of our officers and directors are volunteer, do not earn, and have never been paid, any salary, fees or other remuneration of any kind since the formation of the Company in 2010.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Our governing documents and conflict of interest policy are available upon request. We are required to provide those to the TAA every two years on re-accreditation. We do not publicly disclose our financial statements, although the majority of that information is included in our public 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The president and chair of the board of the company, Acacia Courtney Clement, is the daughter of VP and director Sherrie Courtney, and VP Brian Courtney
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Director Kim Boocher can be reached at 200 Leslie Drive Hallandale Beach FL 33008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 2
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IRS990/USAddress/AddressLine1Txt0155 Blake Road
IRS990/USAddress/CityNm0Hamden
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Brian CourtneyRacing For Home Inc

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