Civic Intelligence

New Life Center for Thoroughbreds Inc

EIN 84-4857000 • 501(c)3 • Moneta, VA

Profile

To rescue, rehabilitate, retrain, rehome or retire into sanctuary off the track retired thoroughbred race horses.

784 Park Way AveMoneta, VA 24121

newlifethoroughbreds.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.58x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.47x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

28th percentile

-13%

Higher net margin than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

76th percentile

20%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

40%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$48,257

Up $8,181 (+20%) from 2023

Liabilities

Up

$28,148

Up $15,850 (+129%) from 2023

Net Assets

Down

$20,109

Down $7,669 (-28%) from 2023

Revenue

Up

$59,847

Up $17,035 (+40%) from 2023

Expenses

Up

$67,516

Up $5,345 (+8.6%) from 2023

Net Income

Up

-$7,669

Up $11,690 (+60%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2022: $51,299Liabilities 2022: $4,162Net Assets 2022: $47,1372022Assets 2023: $40,076Liabilities 2023: $12,298Net Assets 2023: $27,7782023Assets 2024: $48,257Liabilities 2024: $28,148Net Assets 2024: $20,1092024

Highlighted filing

2024

Assets$48,257
Liabilities$28,148
Net Assets$20,109

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2022: $50,542Expenses 2022: $29,922Net Income 2022: $20,6202022Revenue 2023: $42,812Expenses 2023: $62,171Net Income 2023: -$19,3592023Revenue 2024: $59,847Expenses 2024: $67,516Net Income 2024: -$7,6692024

Highlighted filing

2024

Revenue$59,847
Expenses$67,516
Net Income-$7,669

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$51,044
Mission and Program Overview

Mission

To rescue, rehabilitate, retrain, rehome or retire into sanctuary off the track retired thoroughbred race horses.

Program Services

DescriptionGrantsExpenses
SHELTER AND RESUE OPERATIONS FOR THOROUGHBRED RACE HORSES$0$16,506
NEW LIFE CENTER FOR THOROUGHBRED AWARENESS EVENT TO PROMOTETHE SERVICES OF THE RESCUE OPERATION$0$3,066
EDUCATION OUTREACH TO CREATE AWARENESS FOR RESCUE OF THOROUGHBRED RACE HORSES$0$2,958
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President Treasurer And DirectorPT$0--
HUXLEY GREERSecretary And DirectorPT$0--
SAMANTHA ERWINDirector-$0--
KIMBERLY SEVERSONDirector-$0--
NATALIE BARKERDirector-$0--
KECIA PARRISHDirector-$0--
Filing and Contact Details

Filer

Filer Name
New Life Center for Thoroughbreds Inc
EIN
84-4857000
Phone
3016026320
Address
784 Park Way Ave, Moneta, VA 24121

Signing Officer

Name
Heather Kourcklas
Title
President
Phone
3016026320
Signed
2023-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Tax & Financial Services LLC
Address
9927 STEPHEN DECATUR HWY SUITE 4, OCEAN CITY, MD 21842
Preparer
Brian K Roberts CPA
Phone
4107039284
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Shelter and rescue operations 16506.

Form 990EZ, Part I, Line 16

EDUCATION 2958.

Form 990EZ, Part I, Line 16

OFFICE SUPPLIES 75.

Form 990EZ, Part I, Line 16

Advertising and marketing expenses 1762.

Form 990EZ, Part I, Line 16

Awareness event expense 3066.

Form 990EZ, Part I, Line 16

TAXES AND LICENSES 110.

Form 990EZ, Part I, Line 16

BANK SERVICE CHARGE 39.

Form 990EZ, Part I, Line 16

Accounting services 4900.

Form 990EZ, Part II, Line 24

Donor contributed inventory 0. 1534.

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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0HEATHER KOURCKLAS
IRS990EZ/BooksInCareOfDetail/PhoneNum03016026320
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0784 PARK WAY AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONETA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd024121
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010333
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08959
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt040574
IRS990EZ/CostOfGoodsSoldAmt0502
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020620
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt039544
IRS990EZ/Form990TotalAssetsGrp/EOYAmt051299
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0593
IRS990EZ/GrossReceiptsAmt051044
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt01095
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt029211
IRS990EZ/LandAndBuildingsGrp/EOYAmt040806
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026517
IRS990EZ/NetAssetsOrFundBalancesEOYAmt047137
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026517
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt047137
IRS990EZ/OccupancyRentUtltsAndMaintAmt0506
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0HEATHER KOURCKLAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HUXLEY GREER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SAMANTHA ERWIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KIMBERLY SEVERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NATALIE BARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KECIA PARRISH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT TREASURER AND DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY AND DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01534
IRS990EZ/OtherExpensesTotalAmt029416
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO RESCUE, REHABILITATE, RETRAIN, REHOME OR RETIRE INTO SANCTUARY OFF THE TRACK RETIRED THOROUGHBRED RACE HORSES.
IRS990EZ/ProgramServiceRevenueAmt09375
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SHELTER AND RESUE OPERATIONS FOR THOROUGHBRED RACE HORSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EDUCATION OUTREACH TO CREATE AWARENESS FOR RESCUE OF THOROUGHBRED RACE HORSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2NEW LIFE CENTER FOR THOROUGHBRED AWARENESS EVENT TO PROMOTETHE SERVICES OF THE RESCUE OPERATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016506
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12958
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23066
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt013027
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04162
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029922
IRS990EZ/TotalProgramServiceExpensesAmt022530
IRS990EZ/TotalRevenueAmt050542
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0newlifethoroughbreds.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt040574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042091
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt083465
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt083465
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt040574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt042091
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt083465
IRS990ScheduleA/TotalSupportAmt084058
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0593
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0593
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SHELTER AND RESCUE OPERATIONS 16506.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EDUCATION 2958.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICE SUPPLIES 75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADVERTISING AND MARKETING EXPENSES 1762.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AWARENESS EVENT EXPENSE 3066.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TAXES AND LICENSES 110.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK SERVICE CHARGE 39.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACCOUNTING SERVICES 4900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DONOR CONTRIBUTED INVENTORY 0. 1534.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HEATHER KOURCKLAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03016026320
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW LIFE CENTER FOR THOROUGHBREDS INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWL
ReturnHeader/Filer/EIN0844857000
ReturnHeader/Filer/PhoneNum03016026320
ReturnHeader/Filer/USAddress/AddressLine1Txt0784 Park Way Ave
ReturnHeader/Filer/USAddress/CityNm0Moneta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024121
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134234767
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAX & FINANCIAL SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09927 STEPHEN DECATUR HWY SUITE 4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OCEAN CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021842
ReturnHeader/PreparerPersonGrp/PhoneNum04107039284
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN K ROBERTS CPA
ReturnHeader/ReturnTs02023-11-14T12:54:56-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HEATHER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KOURCKLAS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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