Civic Intelligence

Racer Placers Inc.

990EZ • Fiscal year 2016 • EIN 77-0716805

Jan 01, 2016 to Dec 31, 2016 • Filed on May 04, 2017

N2437 Brattset LaneJefferson, WI 53549

(262) 593-8051

Siviq Scores

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

Liabilities / Assets

90th percentile

0.53x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

29th percentile

-6.1%

Higher net margin than 29% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$2,833

No earlier filing loaded for comparison.

Net Assets

$1,333

No earlier filing loaded for comparison.

Liabilities

$1,500

No earlier filing loaded for comparison.

Revenue

$49,366

No earlier filing loaded for comparison.

Expenses

$52,394

No earlier filing loaded for comparison.

Net Income

-$3,028

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2016: $2,833Liabilities 2016: $1,500Net Assets 2016: $1,3332016Assets 2017: $13,594Liabilities 2017: $0Net Assets 2017: $13,5942017Assets 2018: $49,138Liabilities 2018: $02018Assets 2019: $43,899Liabilities 2019: $02019

Highlighted filing

2016

Assets$2,833
Liabilities$1,500
Net Assets$1,333

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $49,366Expenses 2016: $52,394Net Income 2016: -$3,0282016Revenue 2017: $72,965Expenses 2017: $60,704Net Income 2017: $12,2612017Revenue 2018: $138,661Expenses 2018: $102,696Net Income 2018: $35,9652018Revenue 2019: $105,949Expenses 2019: $111,187Net Income 2019: -$5,2382019

Highlighted filing

2016

Revenue$49,366
Expenses$52,394
Net Income-$3,028
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 4, 2017
Return Version
2016v3.0
Gross Receipts
$49,496
Mission and Program Overview

Mission

To provide a safe haven and rehabilitation and retraining for standardbred horses whose racing careers have ended until they can be placed in suitable adoptive homes, while accepting horses of other breeds when space and funds permit

Program Services

DescriptionGrantsExpenses
LOCATE, ESTABLISH AND MAINTAIN CLEAN AND SAFE FACILITIES FOR STANDARDBRED HORSES WHOSE RACING CAREERS HAVE ENDED AND UNTIL THEY CAN BE RELOCATED TO AN APPROPRIATE ADOPTIVE HOME FOLLOWING REHABILITATION AND RETRAINING-$34,865
TO PROVIDE FOR THE REHABILITATION AND RETRAINING, ONGOING CARE, MAINTENANCE, FEEDING, HEALTH, GROOMING, AND OVERALL WELL BEING OF STANDARDBRED HORSES WHOSE RACING CAREERS HAVE ENDED WHILE AWAITING ADOPTIVE HOMES-$15,462
PROVIDING EDUCATIONAL OPPORTUNITIES CONCERNING THE NEED FOR HUMANE EQUINE TRAINING AND HANDLING-$306
TO FACILITATE THE ADOPTION OF THE REHABILITATED STANDARDBRED HORSES WHOSE RACING CAREERS HAVE ENDED--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRATTSET WEENONAHPresident-$0--
MILLER PEGGYTreasurer-$0--
URHAUSEN JOHNDirector-$0--
URHAUSEN ELAINEDirector-$0--
VANDENBROUCKE SUSANSecretary-$0--
VANDENBROUCKE RICHARDDirector-$0--
RINDFLEISCH CHERYLDirector-$0--
JOHNSON JOHN EAdvisory Director-$0--
Filing and Contact Details

Filer

Filer Name
Racer Placers Inc
EIN
77-0716805
Phone
2625938051
Address
N2437 BRATTSET LANE, JEFFERSON, WI 53549

Signing Officer

Name
Brattset Weenonah
Title
President
Phone
2625938051
Signed
2017-05-04
Discuss with paid preparer
Yes

Preparer

Firm
Miller & Ansay LLC
Address
121 S MAIN ST, JEFFERSON, WI 53549-1631
Preparer
Linda L Mcmanus
Phone
9206743345
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Adoption fees 4,805 other 498 events 405 total 5,708

Form 990-ez, Part I, Line 16

Expenses office supplies 226 insurance 1,235 boarding 31,547 farm supplies 265 farrier 775 feed exp 11,274 fundraising 300 misc 2,021 training 1,000 veterinary exp 3,148 web exp 297 non-investment depreciation 306 total 52,394

Form 990-ez, Part II, Line 24

Inventories for sale or use 310 180 3,450 3,450 less accumulated depreciation 2,379 2,685 total 1,381 945

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 0 1,500

Form 990-ez, Part III

To provide a safe haven and rehabilitation and retraining for standardbred horses whose racing careers have ended until they can be placed in suitable adoptive homes, while accepting horses of other breeds when space and funds permit

Form 990-ez, Part III, Line 30

To provide for the rehabilitation and retraining, ongoing care, maintenance, feeding, health, grooming, and overall well being of standardbred horses whose racing careers have ended while awaiting adoptive homes

Form 990-ez, Part III, Line 31

Providing educational opportunities concerning the need for humane equine training and handling

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADOPTION FEES 4,805 OTHER 498 EVENTS 405 TOTAL 5,708
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE SUPPLIES 226 INSURANCE 1,235 BOARDING 31,547 FARM SUPPLIES 265 FARRIER 775 FEED EXP 11,274 FUNDRAISING 300 MISC 2,021 TRAINING 1,000 VETERINARY EXP 3,148 WEB EXP 297 NON-INVESTMENT DEPRECIATION 306 TOTAL 52,394
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVENTORIES FOR SALE OR USE 310 180 3,450 3,450 LESS ACCUMULATED DEPRECIATION 2,379 2,685 TOTAL 1,381 945
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNSECURED NOTES AND LOANS PAYABLE 0 1,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE A SAFE HAVEN AND REHABILITATION AND RETRAINING FOR STANDARDBRED HORSES WHOSE RACING CAREERS HAVE ENDED UNTIL THEY CAN BE PLACED IN SUITABLE ADOPTIVE HOMES, WHILE ACCEPTING HORSES OF OTHER BREEDS WHEN SPACE AND FUNDS PERMIT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROVIDE FOR THE REHABILITATION AND RETRAINING, ONGOING CARE, MAINTENANCE, FEEDING, HEALTH, GROOMING, AND OVERALL WELL BEING OF STANDARDBRED HORSES WHOSE RACING CAREERS HAVE ENDED WHILE AWAITING ADOPTIVE HOMES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROVIDING EDUCATIONAL OPPORTUNITIES CONCERNING THE NEED FOR HUMANE EQUINE TRAINING AND HANDLING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
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ReturnHeader/ReturnTs02017-05-04T11:13:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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