Civic Intelligence

Bowman Second Chance Thoroughbred Adoption

990EZ • Fiscal year 2020 • EIN 46-4659348

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 31, 2021

6905 162nd Ave SWRhame, ND 58651

(701) 279-5830

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2020 filings • NTEE D • <$500k nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.00x

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

2020 filings • NTEE D • <$500k nonprofits • Source year 2020

Net Margin

67th percentile

15%

Higher net margin than 67% of similar nonprofits.

2020 filings • NTEE D • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

2020 filings • NTEE D • <$500k nonprofits • Source year 2020

Asset Growth

86th percentile

125%

Faster asset growth than 86% of similar nonprofits.

2020 filings • NTEE D • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-18%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • NTEE D • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$47,080

Up $26,165 (+125%) from 2019

Net Assets

Up

$47,080

Up $26,165 (+125%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$112,446

Down $24,046 (-18%) from 2019

Expenses

Down

$96,072

Down $66,343 (-41%) from 2019

Net Income

Up

$16,374

Up $42,297 (+163%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2016: $24,876Liabilities 2016: $0Net Assets 2016: $24,8762016Assets 2017: $24,415Liabilities 2017: $0Net Assets 2017: $24,4152017Assets 2018: $46,030Liabilities 2018: $0Net Assets 2018: $46,0302018Assets 2019: $20,915Liabilities 2019: $0Net Assets 2019: $20,9152019Assets 2020: $47,080Liabilities 2020: $0Net Assets 2020: $47,0802020Assets 2021: $50,346Liabilities 2021: $0Net Assets 2021: $50,3462021Assets 2022: $82,678Liabilities 2022: $9,456Net Assets 2022: $73,2222022Assets 2023: $159,607Liabilities 2023: $2,238Net Assets 2023: $157,3692023Assets 2024: $223,044Liabilities 2024: $7,554Net Assets 2024: $215,4902024Assets 2025: $171,888Liabilities 2025: $954Net Assets 2025: $170,9342025

Highlighted filing

2020

Assets$47,080
Liabilities$0
Net Assets$47,080

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $79,396Expenses 2016: $58,731Net Income 2016: $20,6652016Revenue 2017: $125,905Expenses 2017: $126,951Net Income 2017: -$1,0462017Revenue 2018: $143,164Expenses 2018: $121,195Net Income 2018: $21,9692018Revenue 2019: $136,492Expenses 2019: $162,415Net Income 2019: -$25,9232019Revenue 2020: $112,446Expenses 2020: $96,072Net Income 2020: $16,3742020Revenue 2021: $126,524Expenses 2021: $123,055Net Income 2021: $3,4692021Revenue 2022: $146,641Expenses 2022: $121,254Net Income 2022: $25,3872022Revenue 2023: $194,611Expenses 2023: $103,945Net Income 2023: $90,6662023Revenue 2024: $307,008Expenses 2024: $248,887Net Income 2024: $58,1212024Revenue 2025: $179,374Expenses 2025: $223,930Net Income 2025: -$44,5562025

Highlighted filing

2020

Revenue$112,446
Expenses$96,072
Net Income$16,374
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 31, 2021
Return Version
2020v4.0
Gross Receipts
$112,446
Mission and Program Overview

Mission

Rescue and rehabilitate former races horses, rehome

To rescue and rehabilitate former racehorses when they are no longer useful for horse racing, to find loving homes for those that can be adopted out, and to provide permanent sanctuary for those that are permanently disabled.

Program Services

DescriptionGrantsExpenses
TO RESCUE AND REHABILITATE FORMER RACEHORSES WHEN THEY ARE NO LONGER USEFUL FOR HORSE RACING, TO FIND LOVING HOMES FOR THOSE THAT CAN BE ADOPTED OUT, AND TO PROVIDE PERMANENT SANCTUARY FOR THOSE THAT ARE PERMANENTLY DISABLED.-$96,072
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACKIE AUSTINPresident-$0--
CHRISSY SWANKEDirector-$0--
CINDY HESTEKINDirector-$0--
MANDY GREENDirector-$0--
RICHARD BOWMANDirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Bowman Second Chance Thoroughbred
EIN
46-4659348
Phone
7012795830
Address
6905 162ND AVE SW, RHAME, ND 58651

Signing Officer

Name
Richard Bowman
Title
Director
Phone
7012795830
Signed
2021-08-31
Discuss with paid preparer
Yes

Preparer

Firm
Morland Financial Services
Address
PO BOX 13, BOWMAN, ND 58623-0013
Preparer
Leah Benz
Phone
7015235696
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 881 conferences/meetings 80 insurance 2,647 farrier/board 10,210 feed 40,591 veterinary 1,571 other horse expense 2,858 contract labor 8,717 non-investment depreciation 10,000 total 77,555

Form 990-ez, Part I, Line 20

Book / tax depreciation difference 9,790

Form 990-ez, Part II, Line 24

20,786 30,786 less accumulated depreciation 2,079 3,951 total 18,707 26,835

Form 990-ez, Part III

To rescue and rehabilitate former racehorses when they are no longer useful for horse racing, to find loving homes for those that can be adopted out, and to provide permanent sanctuary for those that are permanently disabled.

Raw XML Appendix163 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0JACKIE AUSTIN
CompensationExplanation/CompensationExplanationGrp/PersonNm1CHRISSY SWANKE
CompensationExplanation/CompensationExplanationGrp/PersonNm2CINDY HESTEKIN
CompensationExplanation/CompensationExplanationGrp/PersonNm3MANDY GREEN
CompensationExplanation/CompensationExplanationGrp/PersonNm4RICHARD BOWMAN
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD BOWMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum07012795830
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06905 117TH AVE SW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RHAME
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd058651
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JACKIE AUSTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISSY SWANKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CINDY HESTEKIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MANDY GREEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RICHARD BOWMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt018707
IRS990EZ/OtherAssetsTotalDetail/EOYAmt026835
IRS990EZ/OtherChangesInNetAssetsAmt09790
IRS990EZ/OtherExpensesTotalAmt077555
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO RESCUE AND REHABILITATE FORMER RACEHORSES WHEN THEY ARE NO LONGER USEFUL FOR HORSE RACING, TO FIND LOVING HOMES FOR THOSE THAT CAN BE ADOPTED OUT, AND TO PROVIDE PERMANENT SANCTUARY FOR THOSE THAT ARE PERMANENTLY DISABLED.
IRS990EZ/ProgramServiceRevenueAmt035750
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO RESCUE AND REHABILITATE FORMER RACEHORSES WHEN THEY ARE NO LONGER USEFUL FOR HORSE RACING, TO FIND LOVING HOMES FOR THOSE THAT CAN BE ADOPTED OUT, AND TO PROVIDE PERMANENT SANCTUARY FOR THOSE THAT ARE PERMANENTLY DISABLED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt096072
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt014990
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt096072
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IRS990EZ/TotalRevenueAmt0112446
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt076696
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0115692
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0122364
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt096461
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt078907
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0490120
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt020800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt020800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt029444
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0489
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0107283
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/Total509Grp/TotalAmt0597403
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0112446
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0125905
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt079396
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0597403
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 881 CONFERENCES/MEETINGS 80 INSURANCE 2,647 FARRIER/BOARD 10,210 FEED 40,591 VETERINARY 1,571 OTHER HORSE EXPENSE 2,858 CONTRACT LABOR 8,717 NON-INVESTMENT DEPRECIATION 10,000 TOTAL 77,555
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOK / TAX DEPRECIATION DIFFERENCE 9,790
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt220,786 30,786 LESS ACCUMULATED DEPRECIATION 2,079 3,951 TOTAL 18,707 26,835
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO RESCUE AND REHABILITATE FORMER RACEHORSES WHEN THEY ARE NO LONGER USEFUL FOR HORSE RACING, TO FIND LOVING HOMES FOR THOSE THAT CAN BE ADOPTED OUT, AND TO PROVIDE PERMANENT SANCTUARY FOR THOSE THAT ARE PERMANENTLY DISABLED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD BOWMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07012795830
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOWMAN SECOND CHANCE THOROUGHBRED
ReturnHeader/Filer/BusinessNameControlTxt0BOWM
ReturnHeader/Filer/EIN0464659348
ReturnHeader/Filer/PhoneNum07012795830
ReturnHeader/Filer/USAddress/AddressLine1Txt06905 162ND AVE SW
ReturnHeader/Filer/USAddress/CityNm0RHAME
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058651
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450360505
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MORLAND FINANCIAL SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 13
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOWMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0586230013
ReturnHeader/PreparerPersonGrp/PhoneNum07015235696
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEAH BENZ
ReturnHeader/ReturnTs02021-09-23T11:23:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOWMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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