Liabilities / Assets
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Second Chance Thoroughbreds Inc.
990EZ • Fiscal year 2023 • EIN 46-1182639
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Balance Sheet
Assets
Up$43,082
Up $67 (+0.2%) from 2022
Net Assets
Up$43,082
Up $67 (+0.2%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Down$70,892
Down $3,185 (-4.3%) from 2022
Expenses
Up$70,825
Up $1,612 (+2.3%) from 2022
Net Income
Down$67
Down $4,797 (-99%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Mar 11, 2024
- Return Version
- 2023v4.0
- Gross Receipts
- $70,892
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 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 2023, we successfully rehomed 15 thoroughbreds.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| In 2023, Second Chance Thoroughbreds rehomed 15 thoroughbreds. Since 2016, we have been accredited by the Thoroughbred Aftercare Alliance. In 2023, we were accredited by the Global Federation of Animal Sanctuaries. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Collette Duddy | Executive Director | FT | $0 | - | - |
| Wendy Thompson | Treasurer | PT | $0 | - | - |
| Maisey Pautz | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Second Chance Thoroughbreds Inc
- EIN
- 46-1182639
- Phone
- 6078821353
- Address
- 121 Dawson Hill Road, Spencer, NY 14883
Signing Officer
- Name
- Collette Duddy
- Title
- Executive Director
- Phone
- 6078821353
- Signed
- 2024-03-11
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“Advertising 3,799. Insurance 2,710. Horse purchases: 7,120. Travel, meetings, staff development: 2,832. Grain: 7,173. Shavings: 529. Hay: 3,704. Supplies including supplements, medications, barn supplies: $2,066. Computer/printer: 561.”
Raw XML Appendix165 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 | 6078821353 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 121 Dawson Hill Road |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Spencer |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 14883 |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 43082 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 54566 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 67 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 26939 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 43015 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 43082 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 70892 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
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| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
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| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 43015 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 43082 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 11100 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Collette Duddy |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Wendy Thompson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Maisey Pautz |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| 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 | 31994 |
| 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 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 2023, we successfully rehomed 15 thoroughbreds. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 792 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 16326 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | In 2023, Second Chance Thoroughbreds rehomed 15 thoroughbreds. Since 2016, we have been accredited by the Thoroughbred Aftercare Alliance. In 2023, we were accredited by the Global Federation of Animal Sanctuaries. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| 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 | 70825 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 70892 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.secondchancethoroughbreds.org |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 70792 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 75718 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 57380 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 58368 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 57276 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 319534 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 319534 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 70792 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 75718 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 57380 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 58368 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 57276 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 319534 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 70792 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 75718 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 57380 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 58368 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 57276 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 319534 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising 3,799. Insurance 2,710. Horse purchases: 7,120. Travel, meetings, staff development: 2,832. Grain: 7,173. Shavings: 529. Hay: 3,704. Supplies including supplements, medications, barn supplies: $2,066. Computer/printer: 561. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Collette Duddy |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6078821353 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-03-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SECOND CHANCE THOROUGHBREDS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SECO |
| ReturnHeader/Filer/EIN | 0 | 461182639 |
| ReturnHeader/Filer/PhoneNum | 0 | 6078821353 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-03-15T09:38:27-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Collette |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Duddy |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $43,082
- Liabilities
- $0
- Net assets
- $43,082
- Revenue
- $70,892
- Expenses
- $70,825
- Net income
- $67