Civic Intelligence

Virginia Thoroughbred Project

990EZ • Fiscal year 2021 • EIN 84-3519034

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 21, 2022

PO Box 518Montpelier, VA 22957

(434) 409-4102

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.18x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.21x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

89th percentile

56%

Higher net margin than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

94th percentile

199%

Faster asset growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

60%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$157,794

Up $104,968 (+199%) from 2020

Net Assets

Up

$129,744

Up $76,918 (+146%) from 2020

Liabilities

$28,050

No earlier filing loaded for comparison.

Revenue

Up

$135,620

Up $50,787 (+60%) from 2020

Expenses

Up

$60,179

Up $3,266 (+5.7%) from 2020

Net Income

Up

$75,441

Up $47,521 (+170%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2020: $52,826Net Assets 2020: $52,8262020Assets 2021: $157,794Liabilities 2021: $28,050Net Assets 2021: $129,7442021Assets 2022: $365,704Liabilities 2022: $0Net Assets 2022: $365,7042022Assets 2023: $376,929Net Assets 2023: $376,9292023Assets 2024: $419,863Liabilities 2024: $0Net Assets 2024: $419,8632024

Highlighted filing

2021

Assets$157,794
Liabilities$28,050
Net Assets$129,744

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2020: $84,833Expenses 2020: $56,913Net Income 2020: $27,9202020Revenue 2021: $135,620Expenses 2021: $60,179Net Income 2021: $75,4412021Revenue 2022: $339,054Expenses 2022: $103,090Net Income 2022: $235,9642022Revenue 2023: $164,907Expenses 2023: $152,612Net Income 2023: $12,2952023Revenue 2024: $209,455Expenses 2024: $166,521Net Income 2024: $42,9342024

Highlighted filing

2021

Revenue$135,620
Expenses$60,179
Net Income$75,441
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 21, 2022
Return Version
2021v4.0
Gross Receipts
$135,620
Mission and Program Overview

Mission

Committed to excellence in the aftercare of thoroughbred racehorses.

Program Services

DescriptionGrantsExpenses
THE SPONSORSHIP PROGRAM ALLOWS PEOPLE TO DONATE TOWARDS THE CARE OF A SPECIFIC THOROUGHBRED. THEY ARE ENCOURAGED TO COME TO THE FARM, MEET THEIR SPONSORED ANIMAL AND OBSERVE THEIR PROGRESS.$57,165-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUE HARTPresident-$0--
ANTHONY ARCURIVice President-$0--
SALLY HAMINSecretary-$0--
ARTHUR BRYANTTreasurer-$0--
DON PLACEMember-$0--
FRANCES DULANEYMember-$0--
CAROLYN BEVERLYMember-$0--
KRISTY MILLERMember-$0--
JOHN MAMANNOMember-$0--
JILL BYRNEMember-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Thoroughbred Project
EIN
84-3519034
Phone
4344094102
Address
PO BOX 518, MONTPELIER, VA 22957

Signing Officer

Name
Susan Hart
Title
Officer
Signed
2022-03-21
Discuss with paid preparer
Yes

Preparer

Firm
Huey and Bjorn
Address
408 EAST MARKET ST STE 207, CHARLOTTESVILLE, VA 22902
Preparer
Cameron Welch
Phone
4349717642
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $1547

Other Expenses.1002

Office Expenses $930

Other Expenses.1005

Travel $3206

Other Expenses.1009

Depreciation $3591

Other Expenses.1012

Insurance $4646

Other Expenses.1

6864 FARRIER $7315

Other Expenses.2

6866 HAY $6300

Other Expenses.3

6865 FEED $5775

Other Expenses.4

6862 DENTAL $3700

Other Expenses.5

6871 VETERINARY $3303

Other Expenses.6

6868 horse supplies $2148

Other Expenses.8

6863 DEWORMER $1034

Other Expenses.9

6861 BEDDING $477

Other Assets.1003

Machinery and Equipment - Beginning $12716 Machinery and Equipment - Ending $9125

Other Assets.1006

Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $28050

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $2678

Total Liabilities.1002

Grants Payable - Beginning $0 Grants Payable - Ending $28050

Raw XML Appendix201 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/PhoneNum04344094102
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTESVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd022901
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040110
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02321
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/GrossReceiptsAmt0135620
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt052826
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0129744
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SUE HART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANTHONY ARCURI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SALLY HAMIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ARTHUR BRYANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DON PLACE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5FRANCES DULANEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CAROLYN BEVERLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KRISTY MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JOHN MAMANNO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JILL BYRNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012716
IRS990EZ/OtherAssetsTotalDetail/EOYAmt039853
IRS990EZ/OtherChangesInNetAssetsAmt01477
IRS990EZ/OtherExpensesTotalAmt043972
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COMMITTED TO EXCELLENCE IN THE AFTERCARE OF THOROUGHBRED RACEHORSES.
IRS990EZ/PrintingPublicationsPostageAmt01659
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE SPONSORSHIP PROGRAM ALLOWS PEOPLE TO DONATE TOWARDS THE CARE OF A SPECIFIC THOROUGHBRED. THEY ARE ENCOURAGED TO COME TO THE FARM, MEET THEIR SPONSORED ANIMAL AND OBSERVE THEIR PROGRESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt057165
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0850
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt028050
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt060179
IRS990EZ/TotalProgramServiceExpensesAmt057165
IRS990EZ/TotalRevenueAmt0135620
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0VIRGINIATHOROUGHBREDPROJECT.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0160559
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt084833
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0245392
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0245392
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0160559
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt084833
IRS990ScheduleA/Total509Grp/TotalAmt0245392
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0160559
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt084833
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0245392
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $930
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $3206
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $3591
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $4646
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt56864 FARRIER $7315
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt66866 HAY $6300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt76865 FEED $5775
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt86862 DENTAL $3700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt96871 VETERINARY $3303
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt106868 HORSE SUPPLIES $2148
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt116863 DEWORMER $1034
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt126861 BEDDING $477
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Machinery and Equipment - Beginning $12716 Machinery and Equipment - Ending $9125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $28050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $2678
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Grants Payable - Beginning $0 Grants Payable - Ending $28050
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1002
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN HART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA THOROUGHBRED PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0843519034
ReturnHeader/Filer/PhoneNum04344094102
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 518
ReturnHeader/Filer/USAddress/CityNm0MONTPELIER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022957
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541461185
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUEY AND BJORN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0408 EAST MARKET ST STE 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022902
ReturnHeader/PreparerPersonGrp/PhoneNum04349717642
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAMERON WELCH
ReturnHeader/ReturnTs02022-03-21T14:40:47-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SUSAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HART
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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