Civic Intelligence

The Sam Thompson Memorial Foundation Inc

990EZ • Fiscal year 2022 • EIN 87-1179715

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileN/A
903 Mesa Roja Trail NERio Rancho, NM 87124

(760) 408-1199

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

94th percentile

55%

Higher net margin than 94% of similar nonprofits.

2022 filings • NTEE N • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

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

2022 filings • NTEE N • <$500k nonprofits • Source year 2022

Asset Growth

88th percentile

67%

Faster asset growth than 88% of similar nonprofits.

2022 filings • NTEE N • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

85th percentile

117%

Faster revenue growth than 85% of similar nonprofits.

2022 filings • NTEE N • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$158,414

Up $63,417 (+67%) from 2021

Net Assets

Up

$158,414

Up $63,482 (+67%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin94th percentile

Revenue

Up

$135,433

Up $73,069 (+117%) from 2021

Expenses

Up

$61,429

Up $13,832 (+29%) from 2021

Net Income

Up

$74,004

Up $59,237 (+401%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$600K$400K$200K$0Assets 2021: $94,997Liabilities 2021: $65Net Assets 2021: $94,9322021Assets 2022: $158,414Net Assets 2022: $158,4142022Assets 2024: $450,365Liabilities 2024: $0Net Assets 2024: $450,3652024

Highlighted filing

2022

Assets$158,414
Liabilities-
Net Assets$158,414
Open 2022 Filing

Operations Trend

Revenue Growth85th percentile

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

$200K$150K$100K$50K$0Revenue 2021: $62,364Expenses 2021: $47,597Net Income 2021: $14,7672021Revenue 2022: $135,433Expenses 2022: $61,429Net Income 2022: $74,0042022Revenue 2024: $190,543Expenses 2024: $16,078Net Income 2024: $174,4652024

Highlighted filing

2022

Revenue$135,433
Expenses$61,429
Net Income$74,004
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$143,179
Mission and Program Overview

Mission

The sam thompson memorial foundaton is a philanthropic organization focused on the health, education, and welfare of those involved in the horse racing community.

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$53,700$53,700
SCHOLARSHIPS GRANTED TO STUDENTS CURRENTLY ENROLLED INCOLLEGE, TECHNICAL, OR VOCATIONAL SCHOOL AND WHOSEFAMILY IS INVOLVED WITH THE HORSE RACING COMMUNITYSCHOLARSHIPS ARE PAID DIRECTLY TO THE SCHOOL. IN 2022,A TOTAL OF 27 SCHOLARSHIPS WERE AWARDED.--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dave WeaverOfficerPT$0--
Nolton PatioOfficerPT$0--
Francis VaughnOfficerPT$0--
Laura JoinerPresidentPT$0--
Jim AndersonVice PresidentPT$0--
Laura JoinerTreasurerPT$0--
Mike AbadirSecretaryPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$141,487$141,487-$141,487
Total Events$141,487$141,487$7,746$133,741
Filing and Contact Details

Filer

Filer Name
The Sam Thompson Memorial Foundation Inc
EIN
87-1179715
Phone
7604081199
Address
903 Mesa Roja Trail NE, Rio Rancho, NM 87124

Signing Officer

Name
Laura Joiner
Title
Officer
Phone
7604081199
Signed
2023-11-15

Preparer

Firm
Diversified Tax Services Inc
Address
8801 JEFFERSON NE, ALBUQUERQUE, NM 87113
Preparer
Terence G Hayter
Phone
5057659157
Supplemental Narrative

Additional Explanations

Pt III, Line 31

“Scholarships granted to students currently enrolled in”

Pt III, Line 31

“College, technical, or vocational school and whose”

Pt III, Line 31

“Family is involved with the horse racing community”

Pt III, Line 31

“Scholarships are paid directly to the school. In 2022,”

Pt III, Line 31

“A total of 27 scholarships were awarded.”

Form 990EZ, Part I, Line 16

“Travel & Meetings 3496.”

Form 990EZ, Part I, Line 16

“Insurance 1507.”

Form 990EZ, Part I, Line 16

“Program Expenses:Scholarships 53700.”

Form 990EZ, Part I, Line 16

“Miscellaneous 1169.”

Raw XML Appendix187 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dave Weaver
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Nolton Patio
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Francis Vaughn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Laura Joiner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jim Anderson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Laura Joiner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Mike Abadir
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt059872
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE SAM THOMPSON MEMORIAL FOUNDATON IS A PHILANTHROPIC ORGANIZATION FOCUSED ON THE HEALTH, EDUCATION, AND WELFARE OF THOSE INVOLVED IN THE HORSE RACING COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt01066
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt061429
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IRS990EZ/TotalRevenueAmt0135433
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010598
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0141487
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS GRANTED TO STUDENTS CURRENTLY ENROLLED IN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COLLEGE, TECHNICAL, OR VOCATIONAL SCHOOL AND WHOSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FAMILY IS INVOLVED WITH THE HORSE RACING COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCHOLARSHIPS ARE PAID DIRECTLY TO THE SCHOOL. IN 2022,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A TOTAL OF 27 SCHOLARSHIPS WERE AWARDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Travel & Meetings 3496.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance 1507.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Program Expenses:Scholarships 53700.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous 1169.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt III, Line 31
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 I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Laura Joiner
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Officer
ReturnHeader/BusinessOfficerGrp/PhoneNum07604081199
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Sam Thompson Memorial Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0SAMT
ReturnHeader/Filer/EIN0871179715
ReturnHeader/Filer/PhoneNum07604081199
ReturnHeader/Filer/USAddress/AddressLine1Txt0903 Mesa Roja Trail NE
ReturnHeader/Filer/USAddress/CityNm0Rio Rancho
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087124
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205618645
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIVERSIFIED TAX SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08801 JEFFERSON NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087113
ReturnHeader/PreparerPersonGrp/PhoneNum05057659157
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Terence G Hayter
ReturnHeader/ReturnTs02025-03-27T10:49:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$158,414
Liabilities
-
Net assets
$158,414
Revenue
$135,433
Expenses
$61,429
Net income
$74,004
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$0.00$4.50$1.91$0.16$1.74
2022Detailed filing. Detailed filing data is available for this year.$1.58$1.58$1.35$0.61$0.74
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.00$0.95$0.62$0.48$0.15
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • NTEE N69 • <$500k nonprofits