Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Second Chance Thoroughbreds Inc.
990EZ • Fiscal year 2017 • EIN 46-1182639
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
17th percentile
Faster asset growth than 17% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Balance Sheet
Assets
Down$15,486
Down $4,619 (-23%) from 2016
Net Assets
Down$15,486
Down $4,619 (-23%) from 2016
Liabilities
Flat$0
Flat from 2016
Revenue And Expenses
Revenue
Down$46,545
Down $21,466 (-32%) from 2016
Expenses
Up$51,164
Up $1,143 (+2.3%) from 2016
Net Income
Down-$4,619
Down $22,609 (-126%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Apr 10, 2018
- Return Version
- 2017v2.0
- Gross Receipts
- $55,191
Mission and Program Overview
Mission
The mission of Second Chance Thoroughbreds, Inc. is to provide Off The Track Thoroughbreds (OTTBs) with a soft landing after the end of their racing or broodmare careers, by giving them ample rehabilitation and retraining, transitioning them to a new career. We also work to educate and demonstrate to the public how versatile and trainable thoroughbreds are through clinics, shows, parades, community events, etc. All stallions/colts are gelded upon arrival and all of our mares are adopted with a no breeding contract. We regularly network thoroughbreds needing homes in our area and maintain an active social media presence. Thoroughbreds are known for their athleticism, heart and desire to please. In 2025, we successfully rehomed 13 thoroughbreds.
The mission of Second Chance Thoroughbreds, Inc. is to provide Off The Track Thoroughbreds (OTTBs) with a soft landing after the end of their racing careers by giving them ample rehabilitation and retraining, transitioning them to a new career. We also work to educate and demonstrate to the public how versatile and trainable thoroughbreds are through clinics, shows, parades, community events, etc. All stallions/colts are gelded upon arrival and all of our mares are adopted with a no breeding contract. We regularly network thoroughbreds needing homes in our area and maintain an active social media presence. Thoroughbreds are known for their athleticism, heart and desire to please. In 2017, we successfully rehomed 11 thoroughbreds, and took in 19 horses total for 2017.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| In 2017, Second Chance Thoroughbreds, Inc. successfully rehomed 12 horses and had 19 horses in our program. Our Fifth Annual Thoroughbred Jubilee was our most successful to date, with 60 horses competing. Besides being a major fundraiser for our organization, it is a celebration of the thoroughbred and a demonstration of all the off the track thoroughbred can accomplish. | $46,545 | $51,164 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Karen Faillace | Treasurer | PT | $0 | - | - |
| Collette Duddy | Executive Director | FT | $0 | - | - |
| Robyn Null-Hancock | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Second Chance Thoroughbreds Inc
- EIN
- 46-1182639
- Phone
- 6075897669
- Address
- 121 Dawson Hill Road, Spencer, NY 14883
Signing Officer
- Name
- Collette Duddy
- Title
- Executive Director
- Phone
- 6075897669
- Signed
- 2018-04-10
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“$16,702 - Vet, farrier, chiropractor and horse shipping expenses (reported as outside contracting services). $683 - Advertising. $3752 - Insurance. $600 - Horse purchases. $1461 - Travel, Conference, Conventions. $20,936.75 - Hay, feed, shavings.”
Raw XML Appendix152 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/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Collette Duddy |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6075897669 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 121 Dawson Hill |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Spencer |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 14883 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 20105 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 15486 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 31583 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -4619 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 16702 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 20105 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 15486 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 12707 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 55191 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 20105 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 15486 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 20105 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 15486 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6251 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 15 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Karen Faillace |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Collette Duddy |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Robyn Null-Hancock |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Executive Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27434 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The mission of Second Chance Thoroughbreds, Inc. is to provide Off The Track Thoroughbreds (OTTBs) with a soft landing after the end of their racing careers by giving them ample rehabilitation and retraining, transitioning them to a new career. We also work to educate and demonstrate to the public how versatile and trainable thoroughbreds are through clinics, shows, parades, community events, etc. All stallions/colts are gelded upon arrival and all of our mares are adopted with a no breeding contract. We regularly network thoroughbreds needing homes in our area and maintain an active social media presence. Thoroughbreds are known for their athleticism, heart and desire to please. In 2017, we successfully rehomed 11 thoroughbreds, and took in 19 horses total for 2017. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 777 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 10901 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | In 2017, Second Chance Thoroughbreds, Inc. successfully rehomed 12 horses and had 19 horses in our program. Our Fifth Annual Thoroughbred Jubilee was our most successful to date, with 60 horses competing. Besides being a major fundraiser for our organization, it is a celebration of the thoroughbred and a demonstration of all the off the track thoroughbred can accomplish. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 46545 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 51164 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 8646 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 4061 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 51164 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 51164 |
| IRS990EZ/TotalRevenueAmt | 0 | 46545 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.secondchancethoroughbreds.org |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 55191 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 76441 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 36958 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 36869 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 37193 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 242652 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 242652 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 55191 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 76441 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 36958 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 36869 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 37193 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 242652 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 55191 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 76441 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 36958 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 36869 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 37193 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 242652 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | $16,702 - Vet, farrier, chiropractor and horse shipping expenses (reported as outside contracting services). $683 - Advertising. $3752 - Insurance. $600 - Horse purchases. $1461 - Travel, Conference, Conventions. $20,936.75 - Hay, feed, shavings. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Collette Duddy |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6075897669 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-04-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Second Chance Thoroughbreds Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SECO |
| ReturnHeader/Filer/EIN | 0 | 461182639 |
| ReturnHeader/Filer/PhoneNum | 0 | 6075897669 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 121 Dawson Hill Road |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Spencer |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 14883 |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 172.79.32.175 |
| ReturnHeader/ReturnTs | 0 | 2018-05-13T08:17:12-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $15,486
- Liabilities
- $0
- Net assets
- $15,486
- Revenue
- $46,545
- Expenses
- $51,164
- Net income
- -$4,619