Civic Intelligence

National Thoroughbred Welfare Organization Inc.

990EZ • Fiscal year 2018 • EIN 82-4176833

Jan 26, 2018 to Dec 31, 2018 • Filed on Jul 22, 2019

PO Box 24324Lexington, KY 40524

(859) 227-5441

Siviq Scores

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

Liabilities / Assets

97th percentile

5.56x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • NTEE D20 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

1.72x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • NTEE D20 • <$500k nonprofits • Source year 2018

Net Margin

2nd percentile

-141%

Higher net margin than 2% of similar nonprofits.

2018 filings • NTEE D20 • <$500k nonprofits • Source year 2018

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.

2018 filings • NTEE D20 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Assets

$16,049

No earlier filing loaded for comparison.

Net Assets

-$73,231

No earlier filing loaded for comparison.

Liabilities

$89,280

No earlier filing loaded for comparison.

Revenue

$51,774

No earlier filing loaded for comparison.

Expenses

$125,005

No earlier filing loaded for comparison.

Net Income

-$73,231

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.

$200K$100K$0-$100K-$200KAssets 2018: $16,049Liabilities 2018: $89,280Net Assets 2018: -$73,2312018Assets 2019: $17,547Liabilities 2019: $127,975Net Assets 2019: -$110,4282019Assets 2020: $9,866Liabilities 2020: $112,272Net Assets 2020: -$102,4062020Assets 2021: $10,979Liabilities 2021: $72,272Net Assets 2021: -$61,2932021Assets 2022: $24,923Liabilities 2022: $64,272Net Assets 2022: -$39,3492022

Highlighted filing

2018

Assets$16,049
Liabilities$89,280
Net Assets-$73,231

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $51,774Expenses 2018: $125,005Net Income 2018: -$73,2312018Revenue 2019: $436,309Expenses 2019: $473,506Net Income 2019: -$37,1972019Revenue 2020: $276,396Expenses 2020: $268,374Net Income 2020: $8,0222020Revenue 2021: $104,511Expenses 2021: $63,398Net Income 2021: $41,1132021Revenue 2022: $26,139Expenses 2022: $4,195Net Income 2022: $21,9442022

Highlighted filing

2018

Revenue$51,774
Expenses$125,005
Net Income-$73,231
Jump To
Filing Snapshot
Filing Period
Jan 26, 2018 to Dec 31, 2018
Signed
Jul 22, 2019
Return Version
2018v3.1
Gross Receipts
$51,774
Mission and Program Overview

Mission

Act as the advocate for thoroghbreds horses which seeks to protect the horse's interest and to give the horse a voice by sheltering homeless thoroughbred horses and facilitating their adoption.

Act as the advocate for thoroghbred horses which seeks to protect the horse's interest and to give the horse a voice.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION ATTEMPTS TO INTERCEPT THOROUGHBRED HORSES FROM SLAUGHTER BY GETTING THEM DIRECTLY OFF THE TRACK AND CARING FOR THEM UNTIL A NEW HOME CAN BE FOUND.$0$122,349
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD C PORTER IIPresident-$0--
VICTORIA S KEITHVP & TreasurerPT$0--
CARRIE BRODGENSecretary-$0--
Filing and Contact Details

Filer

Filer Name
National Thoroughbred Welfare
EIN
82-4176833
Phone
8592275441
Address
PO BOX 24324, LEXINGTON, KY 40524

Signing Officer

Name
Victoria S Keith
Title
Treasurer
Phone
8592275441
Signed
2019-07-22
Discuss with paid preparer
Yes

Preparer

Firm
Bumpers & Company
Address
1104 PHILADELPHIA PIKE, WILMINGTON, DE 19809-2031
Preparer
Douglas S Kook CPA
Phone
3027983300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: horse expense - barn supplies. Amount: 8,081. Description: horse expense - board/layup. Amount: 6,474. Description: horse expense - farrier. Amount: 450. Description: horse expense - feed/hay/bedding. Amount: 11,339. Description: horse expense - vanning. Amount: 24,848. Description: horse expense - veterinarian. Amount: 3,439. Description: horse expense - miscellaneous. Amount: 2,050. Description: irs user fee. Amount: 600. Description: horse expense - outside services. Amount: 3,700. Description: depreciation. Amount: 66. Description: bank fees. Amount: 37. Description: fundraising expense. Amount: 71. Description: paypal fees. Amount: 299. Description: supplies. Amount: 442. Description: telephone. Amount: 736. Description: insurance. Amount: 2,798. Description: payroll service. Amount: 317. Description: travel and meetings. Amount: 9,957. Total to form 990-ez, line 16: 75,704.

Form 990-ez, Part II, Line 24 - Other Assets

Description: security deposit. Beg. Of year amount: 0. End of year amount: 4,500. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 1,263.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: loan payable - fox hill farms inc. Beg. Of year amount: 0. End of year amount: 66,694. Description: loan payable - officer/director. Beg. Of year amount: 0. End of year amount: 17,772. Description: payroll withholding tax. Beg. Of year amount: 0. End of year amount: 4,814.

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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0VICTORIA S KEITH
IRS990EZ/BooksInCareOfDetail/PhoneNum08592275441
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt09050 TATES CREEK ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040515
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010286
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt034274
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-73231
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016049
IRS990EZ/GrossReceiptsAmt051774
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LoansToFromOfficersAmt084466
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-73231
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-73231
IRS990EZ/OccupancyRentUtltsAndMaintAmt023572
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD C PORTER II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VICTORIA S KEITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CARRIE BRODGEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP & TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05763
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt075704
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ACT AS THE ADVOCATE FOR THOROGHBRED HORSES WHICH SEEKS TO PROTECT THE HORSE'S INTEREST AND TO GIVE THE HORSE A VOICE.
IRS990EZ/PrintingPublicationsPostageAmt0471
IRS990EZ/ProgramServiceRevenueAmt017500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION ATTEMPTS TO INTERCEPT THOROUGHBRED HORSES FROM SLAUGHTER BY GETTING THEM DIRECTLY OFF THE TRACK AND CARING FOR THEM UNTIL A NEW HOME CAN BE FOUND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0122349
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt025258
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt089280
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0125005
IRS990EZ/TotalProgramServiceExpensesAmt0122349
IRS990EZ/TotalRevenueAmt051774
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NTWO.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0YEAR 2018 WAS INITIAL YEAR OF ORGANIZATION THEREFORE IT WAS A SHORT YEAR (1/26/2018 TO 12/31/2018)
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt034274
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt034274
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt017500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt011044
IRS990ScheduleA/SubstantialContributorsTotAmt023230
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt034274
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt034274
IRS990ScheduleA/TotalSupportAmt034274
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt066694
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt117772
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0FOX HILL FARMS INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0GENERAL OPERATING PURPOSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1GENERAL OPERATING PURPOSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt066694
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt117772
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0VICTORIA S KEITH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0A ORGANIZATION'S OFFICER/DIRECTOR IS 100% OWNER OF COMPANY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1IS A OFFICER/DIRECTOR OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt084466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: HORSE EXPENSE - BARN SUPPLIES. AMOUNT: 8,081. DESCRIPTION: HORSE EXPENSE - BOARD/LAYUP. AMOUNT: 6,474. DESCRIPTION: HORSE EXPENSE - FARRIER. AMOUNT: 450. DESCRIPTION: HORSE EXPENSE - FEED/HAY/BEDDING. AMOUNT: 11,339. DESCRIPTION: HORSE EXPENSE - VANNING. AMOUNT: 24,848. DESCRIPTION: HORSE EXPENSE - VETERINARIAN. AMOUNT: 3,439. DESCRIPTION: HORSE EXPENSE - MISCELLANEOUS. AMOUNT: 2,050. DESCRIPTION: IRS USER FEE. AMOUNT: 600. DESCRIPTION: HORSE EXPENSE - OUTSIDE SERVICES. AMOUNT: 3,700. DESCRIPTION: DEPRECIATION. AMOUNT: 66. DESCRIPTION: BANK FEES. AMOUNT: 37. DESCRIPTION: FUNDRAISING EXPENSE. AMOUNT: 71. DESCRIPTION: PAYPAL FEES. AMOUNT: 299. DESCRIPTION: SUPPLIES. AMOUNT: 442. DESCRIPTION: TELEPHONE. AMOUNT: 736. DESCRIPTION: INSURANCE. AMOUNT: 2,798. DESCRIPTION: PAYROLL SERVICE. AMOUNT: 317. DESCRIPTION: TRAVEL AND MEETINGS. AMOUNT: 9,957. TOTAL TO FORM 990-EZ, LINE 16: 75,704.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,500. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,263.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: LOAN PAYABLE - FOX HILL FARMS INC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 66,694. DESCRIPTION: LOAN PAYABLE - OFFICER/DIRECTOR. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 17,772. DESCRIPTION: PAYROLL WITHHOLDING TAX. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,814.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VICTORIA S KEITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08592275441
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL THOROUGHBRED WELFARE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ORGANIZATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0824176833
ReturnHeader/Filer/PhoneNum08592275441
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 24324
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040524
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId078BD9D9D18A4FFED54CC8D82874AD580D5480F54
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BF6F234F200AEDCA99AD257E9E890BE4A105B80A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.175.75.115
ReturnHeader/FilingSecurityInformation/IPDt02019-07-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:40:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510267254
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUMPERS & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01104 PHILADELPHIA PIKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0198092031
ReturnHeader/PreparerPersonGrp/PhoneNum03027983300
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS S KOOK CPA
ReturnHeader/ReturnTs02019-08-12T13:55:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-26
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings