Liabilities / Assets
73rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Nj Thoroughbred Horsemen Charitable Organization
EIN 83-3161474 • 501(c)3 • Oceanport, NJ
Profile
To further a social cause for horses
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
73rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Balance Sheet
Assets
Down$12,937
Down $57,783 (-82%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Down$12,937
Down $57,783 (-82%) from 2023
Revenue
Up$46,251
Up $4,379 (+10%) from 2023
Expenses
Up$104,034
Up $72,035 (+225%) from 2023
Net Income
Down-$57,783
Down $67,656 (-685%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $12,937
- Liabilities
- $0
- Net assets
- $12,937
- Revenue
- $46,251
- Expenses
- $104,034
- Net income
- -$57,783
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 12, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $145,775
Mission and Program Overview
Mission
To further a social cause for horses
To raise funds for charitable purposes.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| To promote an environment of humane treatment to thoroughbred equines at conclusion of their career. | - | $99,523 |
| Provided free basic dental care to uninsured and underinsured individuals working with the equines in the backstretch of Monmouth Park through a subcontracted licensed dentist. | - | $32,727 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHAEL MUSTO | President | PT | $0 | - | - |
| John Heims | Secretary | PT | $0 | - | - |
| Christopher Samaha | Treasurer | PT | $0 | - | - |
| Lizabeth Mosca | Executive Director | PT | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Outing | $99,710 | $99,710 | $23,744 | $75,966 |
| Total Events | $99,710 | $99,710 | $79,310 | $20,400 |
Filing and Contact Details
Filer
- Filer Name
- Nj Thoroughbred Horsemen Charitable Organization
- EIN
- 83-3161474
- In Care Of
- % Michael Musto
- Phone
- 7329968796
- Address
- 175 OCEANPORT, Oceanport, NJ 07757-1231
Signing Officer
- Name
- Michael Musto
- Title
- President
- Phone
- 7329968796
- Signed
- 2025-05-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Denise Wiggins CPA LLC
- Address
- 71 E Coral Drive, Brick, NJ 08723
- Preparer
- Denise Wiggins
- Phone
- 7326855775
Supplemental Narrative
Additional Explanations
List of grants and similar amounts paid Part I line 10
“Activity CONTRIBUTION Grantee SECOND CALL Street PO BOX 113 City, State, Zip Helmetta, NJ 08828Relationship NONE Amount 54,000Activity CONTRIBUTION Grantee Miscellaneous Amount 4,500”
Description of other expenses Part I line 16
“Description AmountBANK FEES 620LICENSE FEES AND PERMITS 380Accounting Fees 1,285Office 4,500Meetings 3,274”
Description of other assets Part II line 24
“Category Beginning of Year End of YearTemporary Loan 50,100 8,500”
Part III response or note to any other line in Part III
“Line 13 Subcontractors: The new mission is changed to Funds raised will be designated to programs and services for those, both human and equines, who work in the backstretch of Monmouth Park Racetrack. The program now include services for those individuals needing assistance for Medical Clinic, Counseling, Dental, recreational and social services who qualify for financial assistance in these areas. $32,727 was paid to independent licensed contractor (dentist) who provided services under formal agreement and was not an employee of the organization.”
Raw XML Appendix176 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/BooksInCareOfDetail/PersonNm | 0 | MICHAEL MUSTO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7329958796 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 175 OCEANPORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Oceanport |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 077571231 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 20620 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4437 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 93445 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -57783 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 32727 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 70720 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 12937 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 52315 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 58500 |
| IRS990EZ/GrossReceiptsAmt | 0 | 145775 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 15 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 70720 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 12937 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 70720 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 12937 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHAEL MUSTO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | John Heims |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Christopher Samaha |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Lizabeth Mosca |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Executive Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 50100 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 8500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10059 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To raise funds for charitable purposes. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 2748 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | To promote an environment of humane treatment to thoroughbred equines at conclusion of their career. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Provided free basic dental care to uninsured and underinsured individuals working with the equines in the backstretch of Monmouth Park through a subcontracted licensed dentist. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 99523 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 32727 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 99524 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -47209 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 104034 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 132250 |
| IRS990EZ/TotalRevenueAmt | 0 | 46251 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 93445 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 74300 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 50908 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 139888 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 358541 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 15 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 31 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 21 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 71 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 24 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 24 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 107887 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 250654 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 93445 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 74300 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 50908 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 139888 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 358541 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 358636 |
| 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 |
| IRS990ScheduleG/AgrmtProfFundraisingActyInd | 0 | false |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 79310 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | Golf Outing |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 99710 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 99710 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 99710 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 99710 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 20400 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt | 0 | 19300 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt | 0 | 19300 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 23744 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 23744 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 36266 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 36266 |
| IRS990ScheduleG/SpecialFundraisingEventsInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity CONTRIBUTION Grantee SECOND CALL Street PO BOX 113 City, State, Zip Helmetta, NJ 08828Relationship NONE Amount 54,000Activity CONTRIBUTION Grantee Miscellaneous Amount 4,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountBANK FEES 620LICENSE FEES AND PERMITS 380Accounting Fees 1,285Office 4,500Meetings 3,274 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearTemporary Loan 50,100 8,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Line 13 Subcontractors: The new mission is changed to Funds raised will be designated to programs and services for those, both human and equines, who work in the backstretch of Monmouth Park Racetrack. The program now include services for those individuals needing assistance for Medical Clinic, Counseling, Dental, recreational and social services who qualify for financial assistance in these areas. $32,727 was paid to independent licensed contractor (dentist) who provided services under formal agreement and was not an employee of the organization. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part III response or note to any other line in Part III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL MUSTO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7329968796 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NJ THOROUGHBRED HORSEMEN CHARITABLE ORGANIZATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NJTH |
| ReturnHeader/Filer/EIN | 0 | 833161474 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Michael Musto |
| ReturnHeader/Filer/PhoneNum | 0 | 7329968796 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 175 OCEANPORT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Oceanport |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 077571231 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 811252726 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Denise Wiggins CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 71 E Coral Drive |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Brick |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 08723 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7326855775 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-08-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DENISE WIGGINS |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-08-28T17:50:41-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.