Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Bowman Second Chance Thoroughbred Adoption
990EZ • Fiscal year 2021 • EIN 46-4659348
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
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
49th percentile
Faster asset growth than 49% of similar nonprofits.
Revenue Growth
56th percentile
Faster revenue growth than 56% of similar nonprofits.
Balance Sheet
Assets
Up$50,346
Up $3,266 (+6.9%) from 2020
Net Assets
Up$50,346
Up $3,266 (+6.9%) from 2020
Liabilities
Flat$0
Flat from 2020
Revenue And Expenses
Revenue
Up$126,524
Up $14,078 (+13%) from 2020
Expenses
Up$123,055
Up $26,983 (+28%) from 2020
Net Income
Down$3,469
Down $12,905 (-79%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 15, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $126,524
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
| Description | Grants | Expenses |
|---|---|---|
| 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. | - | $121,570 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JACKIE AUSTIN | Former Presi | - | $0 | - | - |
| CHRISSY SWANKE | Former Direc | - | $0 | - | - |
| CINDY HESTEKIN | Former Direc | - | $0 | - | - |
| MANDY GREEN | Former Direc | - | $0 | - | - |
| RICHARD BOWMAN | Former Exec. | FT | $0 | - | - |
| BRANDON GUSTAFSON | Exec Directo | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Bowman Second Chance Thoroughbred
- EIN
- 46-4659348
- Phone
- 9522206028
- Address
- 15320 CROWN DR, MINNETONKA, MN 55345
Signing Officer
- Name
- Richard Bowman
- Title
- Former Exec.director
- Phone
- 9522206028
- Signed
- 2022-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Morland Financial Services
- Address
- PO BOX 104, BOWMAN, ND 58623-0104
- Preparer
- Leah Benz
- Phone
- 7015235696
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office 8 dues/certificates 175 meals at meetings 100 insurance 2,942 contract labor 6,403 feed 53,837 other horse supp. Expense 2,789 vet expense 3,161 bad debts 3,650 total 73,065”
Form 990-ez, Part I, Line 20
“Prior period adjust to cash 525 book / tax depreciation difference -729”
Form 990-ez, Part II, Line 24
“30,786 30,786 less accumulated depreciation 3,951 5,990 total 26,835 24,796”
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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | BRANDON GUSTAFSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9522206028 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15320 CROWN DR |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MINNETONKA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55345 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 20246 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 25550 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 97578 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3469 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1875 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 47081 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 50346 |
| IRS990EZ/GrossReceiptsAmt | 0 | 126524 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 47081 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 50346 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 47081 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 50346 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 24403 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JACKIE AUSTIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CHRISSY SWANKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CINDY HESTEKIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MANDY GREEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RICHARD BOWMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BRANDON GUSTAFSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | FORMER PRESI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | FORMER DIREC |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | FORMER DIREC |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | FORMER DIREC |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | FORMER EXEC. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | EXEC DIRECTO |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 26835 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 24796 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -204 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 73065 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 28946 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 121570 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 23712 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 123055 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 121570 |
| IRS990EZ/TotalRevenueAmt | 0 | 126524 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 97578 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 76696 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 115692 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 122364 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 96461 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 508791 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 28946 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 35750 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 20800 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 20800 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 29444 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 135740 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 644531 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 126524 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 112446 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 136492 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 143164 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 125905 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 644531 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 126524 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 112446 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 136492 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 143164 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 125905 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 644531 |
| 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 | EXPENSES OFFICE 8 DUES/CERTIFICATES 175 MEALS AT MEETINGS 100 INSURANCE 2,942 CONTRACT LABOR 6,403 FEED 53,837 OTHER HORSE SUPP. EXPENSE 2,789 VET EXPENSE 3,161 BAD DEBTS 3,650 TOTAL 73,065 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PRIOR PERIOD ADJUST TO CASH 525 BOOK / TAX DEPRECIATION DIFFERENCE -729 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 30,786 30,786 LESS ACCUMULATED DEPRECIATION 3,951 5,990 TOTAL 26,835 24,796 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RICHARD BOWMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | FORMER EXEC.DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9522206028 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BOWMAN SECOND CHANCE THOROUGHBRED |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BOWM |
| ReturnHeader/Filer/EIN | 0 | 464659348 |
| ReturnHeader/Filer/PhoneNum | 0 | 9522206028 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 15320 CROWN DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MINNETONKA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55345 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 450360505 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MORLAND FINANCIAL SERVICES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 104 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BOWMAN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 586230104 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7015235696 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LEAH BENZ |
| ReturnHeader/ReturnTs | 0 | 2022-11-14T12:16:19-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | RICHARD |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BOWMAN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $50,346
- Liabilities
- $0
- Net assets
- $50,346
- Revenue
- $126,524
- Expenses
- $123,055
- Net income
- $3,469