Civic Intelligence

New Beginnings Thoroughbreds Inc

990EZ • Fiscal year 2020 • EIN 46-4909403

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 25, 2021

414 Woodmill DriveCranbury, NJ 08512

(732) 406-4036

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

53rd percentile

10%

Higher net margin than 53% of similar nonprofits.

2020 filings • NTEE Z99 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2020 filings • NTEE Z99 • <$500k nonprofits • Source year 2020

Asset Growth

76th percentile

42%

Faster asset growth than 76% of similar nonprofits.

2020 filings • NTEE Z99 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

12%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • NTEE Z99 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$18,547

Up $5,495 (+42%) from 2019

Net Assets

Up

$18,547

Up $5,495 (+42%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$54,679

Up $5,889 (+12%) from 2019

Expenses

Up

$49,184

Up $8,806 (+22%) from 2019

Net Income

Down

$5,495

Down $2,917 (-35%) from 2019

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2014: $968Liabilities 2014: $02014Assets 2015: $5,542Liabilities 2015: $0Net Assets 2015: $5,5422015Assets 2016: $5,376Liabilities 2016: $0Net Assets 2016: $5,3762016Assets 2017: $5,860Liabilities 2017: $0Net Assets 2017: $5,8602017Assets 2018: $4,640Net Assets 2018: $4,6402018Assets 2019: $13,052Net Assets 2019: $13,0522019Assets 2020: $18,547Net Assets 2020: $18,5472020Assets 2021: $16,080Net Assets 2021: $16,0802021Assets 2022: $12,884Net Assets 2022: $12,8842022Assets 2023: $11,478Net Assets 2023: $11,4782023Assets 2024: $14,150Net Assets 2024: $14,1502024

Highlighted filing

2020

Assets$18,547
Liabilities-
Net Assets$18,547

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2014: $3,427Expenses 2014: $2,459Net Income 2014: $9682014Revenue 2015: $8,641Expenses 2015: $4,067Net Income 2015: $4,5742015Revenue 2016: $15,476Expenses 2016: $15,424Net Income 2016: $522016Revenue 2017: $19,187Expenses 2017: $18,703Net Income 2017: $4842017Revenue 2018: $20,344Expenses 2018: $21,564Net Income 2018: -$1,2202018Revenue 2019: $48,790Expenses 2019: $40,378Net Income 2019: $8,4122019Revenue 2020: $54,679Expenses 2020: $49,184Net Income 2020: $5,4952020Revenue 2021: $43,094Expenses 2021: $45,561Net Income 2021: -$2,4672021Revenue 2022: $47,705Expenses 2022: $50,901Net Income 2022: -$3,1962022Revenue 2023: $57,455Expenses 2023: $58,861Net Income 2023: -$1,4062023Revenue 2024: $55,890Expenses 2024: $53,218Net Income 2024: $2,6722024

Highlighted filing

2020

Revenue$54,679
Expenses$49,184
Net Income$5,495
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 25, 2021
Return Version
2020v4.1
Gross Receipts
$54,679
Mission and Program Overview

Mission

To retrain and secure well-qualified and loving adoptive homes for off the track thoroughbreds.

Program Services

DescriptionGrantsExpenses
Provided safe boarding and shelter for 18 horses.$25,282$25,282
Provided veterinary, other health, training and related servicesrequired in care of the well-being of each horse.$15,265$15,265
Provided horse feed and necessary supplies.$5,534$5,534
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly HudymanPresidentPT$0--
Jane LeGard ErnstofSecretaryPT$0--
Michelle HorganCo-Executive DirectorPT$0--
Nicole McKinleyCo-Executive DirectorPT$0--
Daryl KinneyDirectorPT$0--
Douglas NunnVice PresidentPT$0--
Margaret CarlsenDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
New Beginnings Thoroughbreds Inc
EIN
46-4909403
Phone
7324064036
Address
414 Woodmill Drive, Cranbury, NJ 08512

Signing Officer

Name
Michelle Horgan
Title
Co-Executive Director
Phone
7324064036
Signed
2021-03-25
Discuss with paid preparer
Yes

Preparer

Firm
Professional Accounting & Tax Serv
Address
3 CUOMO CT, MILLSTONE TOWNSHIP, NJ 08535
Preparer
George Campelo
Phone
7327920659
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Accounting 497.

Form 990EZ, Part I, Line 16

Advertising, Website 42.

Form 990EZ, Part I, Line 16

Feed, supplies 5534.

Form 990EZ, Part I, Line 16

Fundraising 704.

Form 990EZ, Part I, Line 16

Insurance 1676.

Form 990EZ, Part I, Line 16

NJ Office of Consumer Affairs 60.

Form 990EZ, Part I, Line 16

Office 124.

Form 990EZ, Part I, Line 16

Trailering 650.

Raw XML Appendix193 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/BusinessName/BusinessNameLine1Txt0Organization
IRS990EZ/BooksInCareOfDetail/PhoneNum07324064036
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Cranbury
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008512
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013052
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt018547
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt050728
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05495
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014615
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013052
IRS990EZ/Form990TotalAssetsGrp/EOYAmt018547
IRS990EZ/FundraisingGrossIncomeAmt03951
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt054679
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013052
IRS990EZ/NetAssetsOrFundBalancesEOYAmt018547
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013052
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt018547
IRS990EZ/OccupancyRentUtltsAndMaintAmt025282
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt610.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kelly Hudyman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jane LeGard Ernstof
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Michelle Horgan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Nicole McKinley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Daryl Kinney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Douglas Nunn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Margaret Carlsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Co-Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Co-Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09287
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To retrain and secure well-qualified and loving adoptive homes for off the track thoroughbreds.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided safe boarding and shelter for 18 horses.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Provided veterinary, other health, training and related servicesrequired in care of the well-being of each horse.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Provided horse feed and necessary supplies.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt025282
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt115265
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt25534
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt025282
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt115265
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt25534
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt03951
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt049184
IRS990EZ/TotalProgramServiceExpensesAmt046081
IRS990EZ/TotalRevenueAmt054679
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt054678
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt042231
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020344
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt021008
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt015476
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0153737
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0153737
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt054678
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt042231
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt020344
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt021008
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt015476
IRS990ScheduleA/Total509Grp/TotalAmt0153737
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0153737
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Accounting 497.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising, Website 42.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Feed, supplies 5534.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Fundraising 704.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 1676.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NJ Office of Consumer Affairs 60.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office 124.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Trailering 650.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michelle Horgan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Co-Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07324064036
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0New Beginnings Thoroughbreds Inc
ReturnHeader/Filer/BusinessNameControlTxt0NEWB
ReturnHeader/Filer/EIN0464909403
ReturnHeader/Filer/PhoneNum07324064036
ReturnHeader/Filer/USAddress/AddressLine1Txt0414 Woodmill Drive
ReturnHeader/Filer/USAddress/CityNm0Cranbury
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008512
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PROFESSIONAL ACCOUNTING & TAX SERV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03 CUOMO CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILLSTONE TOWNSHIP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008535
ReturnHeader/PreparerPersonGrp/PhoneNum07327920659
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George Campelo
ReturnHeader/ReturnTs02021-03-28T11:42:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michelle
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Horgan
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings