Civic Intelligence

The Thoroughbred Connection Inc

990EZ • Fiscal year 2014 • EIN 45-2753841

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 09, 2015

562 Palmer Adah RoadAdah, PA 15410

(724) 570-3164

Siviq Scores

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

Liabilities / Assets

88th percentile

0.44x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

99th percentile

6.62x

Higher debt load relative to revenue than 99% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

2nd percentile

-336%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

46th percentile

0.0%

Faster asset growth than 46% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

16th percentile

-29%

Faster revenue growth than 16% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$79,015

Up $15 (+0.0%) from 2013

Net Assets

Up

$44,015

Up $15 (+0.0%) from 2013

Liabilities

Flat

$35,000

Flat from 2013

Revenue

Down

$5,288

Down $2,207 (-29%) from 2013

Expenses

Down

$23,073

Down $5,581 (-19%) from 2013

Net Income

Up

-$17,785

Up $3,374 (+16%) from 2013

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2013: $79,000Liabilities 2013: $35,000Net Assets 2013: $44,0002013Assets 2014: $79,015Liabilities 2014: $35,000Net Assets 2014: $44,0152014Assets 2015: $79,020Liabilities 2015: $50,091Net Assets 2015: $28,9292015Assets 2016: $0Net Assets 2016: $21,7422016Assets 2017: $23,022Liabilities 2017: $0Net Assets 2017: -$23,0222017Assets 2018: $1Liabilities 2018: $9,4902018

Highlighted filing

2014

Assets$79,015
Liabilities$35,000
Net Assets$44,015

Operations Trend

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

$40K$20K$0-$20K-$40KRevenue 2013: $7,495Expenses 2013: $28,654Net Income 2013: -$21,1592013Revenue 2014: $5,288Expenses 2014: $23,073Net Income 2014: -$17,7852014Revenue 2015: $8,973Expenses 2015: $24,064Net Income 2015: -$15,0912015Revenue 2016: $7,482Expenses 2016: $14,669Net Income 2016: -$7,1872016Revenue 2017: $4,179Expenses 2017: $27,201Net Income 2017: -$23,0222017Revenue 2018: $695Expenses 2018: $10,185Net Income 2018: -$9,4902018

Highlighted filing

2014

Revenue$5,288
Expenses$23,073
Net Income-$17,785
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 9, 2015
Return Version
2014v5.0
Gross Receipts
$5,288
Mission and Program Overview

Mission

Provide a home for retired race horses and other a

Provide a home for retired race horses

Program Services

DescriptionGrantsExpenses
RECEIVED SEVERAL RETIRED RACE HORSES ABANDONED BY OWNERS$2,272$150
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VICKI L VILCHEKPresidentPT$0--
JOSEPH A VILCHEKTreasurerPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1-$0-$0
Event 2-$0-$0
Total Events$0$0$0$0
Filing and Contact Details

Filer

Filer Name
The Thoroughbred Connection Inc
EIN
45-2753841
Phone
7245703164
Address
562 PALMER ADAH ROAD, ADAH, PA 15410

Signing Officer

Name
Vicki L Vilchek
Title
President
Signed
2015-03-09
Discuss with paid preparer
Yes

Preparer

Firm
Karl W Glover CPA
Address
115 PRIDE DRIVE, BELLE VERNON, PA 15012
Preparer
Karl Glover CPA
Phone
7249294138
Supplemental Narrative

Additional Explanations

Part I, line 16

Description: DEPRECIATION (FORM 4562) Amount: 4416

Part I, line 16

Description: HAY AND FEED FOR THE HORSES Amount: 10532

Part I, line 16

Description: VET Amount: 1887

Part I, line 16

Description: BEDDING Amount: 429

Part I, line 16

Description: SUPPLIES Amount: 544

Part I, line 16

Description: HEAT LIGHT WATER Amount: 433

Part I, line 16

Description: TELEPHONE Amount: 378

Part I, line 16

Description: GAS AND OIL Amount: 4081

Part I, line 16

Description: ORGANIZATION COSTS Amount: 150

Part I, line 16

Description: FUND RAISING COSTS Amount: 223

Part I, line 24

Description: EQUIPMENT BOY Amount: 43300 EOY Amount: 43300

Part I, line 26

Description: LOAN FROM PRESIDENT BOY Amount: 35000 EOY Amount: 35000

Raw XML Appendix211 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum07245703164
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0562 PALMER ADAH ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ADAH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd015410
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-17785
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt079010
IRS990EZ/Form990TotalAssetsGrp/EOYAmt079015
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt05288
IRS990EZ/GroupExemptionNum00000
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt035700
IRS990EZ/LandAndBuildingsGrp/EOYAmt035700
IRS990EZ/LoansToFromOfficersAmt035000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt026225
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt044010
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VICKI L VILCHEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOSEPH A VILCHEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt043300
IRS990EZ/OtherAssetsTotalDetail/EOYAmt043300
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt023073
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE A HOME FOR RETIRED RACE HORSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RECEIVED SEVERAL RETIRED RACE HORSES ABANDONED BY OWNERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02272
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0150
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt035000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt035000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TotalExpensesAmt023073
IRS990EZ/TotalProgramServiceExpensesAmt0150
IRS990EZ/TotalRevenueAmt05288
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02392
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt02392
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02272
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02392
IRS990ScheduleA/TotalSupportAmt02392
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt00
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt00
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt00
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt00
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt00
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt00
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt00
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsPct00
IRS990ScheduleG/GamingOtherFacilityPct00
IRS990ScheduleG/GamingOwnFacilityPct00
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/LicensedInd0false
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/TotalGrossReceiptsAmt00
IRS990ScheduleG/TotalNetToOrganizationAmt00
IRS990ScheduleG/TotalRetainedByContractorsAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt035000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO FUND THE ORGANIZN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt035000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0VICKI L VILCHEK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt035000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: DEPRECIATION (FORM 4562) Amount: 4416
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: HAY AND FEED FOR THE HORSES Amount: 10532
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: VET Amount: 1887
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: BEDDING Amount: 429
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: SUPPLIES Amount: 544
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: HEAT LIGHT WATER Amount: 433
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description: TELEPHONE Amount: 378
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Description: GAS AND OIL Amount: 4081
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Description: ORGANIZATION COSTS Amount: 150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Description: FUND RAISING COSTS Amount: 223
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Description: EQUIPMENT BOY Amount: 43300 EOY Amount: 43300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Description: LOAN FROM PRESIDENT BOY Amount: 35000 EOY Amount: 35000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part I, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Part I, line 26
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKI L VILCHEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE THOROUGHBRED CONNECTION INC
ReturnHeader/Filer/BusinessNameControlTxt0THOR
ReturnHeader/Filer/EIN0452753841
ReturnHeader/Filer/PhoneNum07245703164
ReturnHeader/Filer/USAddress/AddressLine1Txt0562 PALMER ADAH ROAD
ReturnHeader/Filer/USAddress/CityNm0ADAH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015410
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KARL W GLOVER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0115 PRIDE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELLE VERNON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015012
ReturnHeader/PreparerPersonGrp/PhoneNum07249294138
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARL GLOVER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-03-09T19:01:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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