Civic Intelligence

Minnesota Thoroughbred Racing Alliance

EIN 87-4362430 • 501(c)6 • Lakeville, MN

990-N Coverage

Profile

To build a collaborative alliance of individuals, businesses, and organizations to preserve the vitality of minnesota thoroughbred horse racing. We work to effectively communicate the industry's social and agribusiness contributions and actively respond to public policy issues affecting the industry.

18829 Huntley TrlLakeville, MN 55044

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

33rd percentile

-9.1%

Higher net margin than 33% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

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.

501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$0

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin33rd percentile

Revenue

$100,166

No earlier filing loaded for comparison.

Expenses

$109,260

No earlier filing loaded for comparison.

Net Income

-$9,094

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$0Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities-
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2023: $100,166Expenses 2023: $109,260Net Income 2023: -$9,0942023

Highlighted filing

2023

Revenue$100,166
Expenses$109,260
Net Income-$9,094
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$100,166
Expenses
$109,260
Net income
-$9,094
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.00$1.09$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 20, 2024
Return Version
2023v4.0
Gross Receipts
$100,166
Mission and Program Overview

Mission

To build a collaborative alliance of individuals, businesses, and organizations to preserve the vitality of minnesota thoroughbred horse racing. We work to effectively communicate the industry's social and agribusiness contributions and actively respond to public policy issues affecting the industry.

Program Services

DescriptionGrantsExpenses
INSTRUMENTAL IN THE HALTING OF SPORTS BETTING LEGISLATION THAT WOULD HAVE BEEN DETRIMENTAL TO INDUSTRY BY ALLOWING OTHER ENTITIES TO OPERATE AND CONTROL SPORTS BETTING IN MINNESOTA WITHOUT INCLUSION OF THE THOROUGHBRED RACING INDUSTRY. BY CONTRACTING WITH HORSESHOE MARKETING,LLC, WE WERE ABLE TO CREATE EDUCATIONAL MATERIALS, DIGITAL MEDIA, AND PRESENTATIONS USED BY LOBBYISTS AND OTHER INDUSTRY STAKEHOLDERS TO COMMUNICATE THE NEGATIVE IMPACT OF THIS LEGISLATION TO THE LEGISLATURE AND GENERAL PUBLIC. ADDITIONALLY, WE WORKED DIRECTLY WITH THE MINNESOTA RACING COMMISSION (MRC) IN SECURING $1 MILLION IN ADDITIONAL FUNDING FROM THE STATE OF MINNESOTA FOR THE MRC TO BE USED TO OFFSET OUR CONSTITUENTS/MEMBERS OBLIGATORY COSTS ASSOCIATED WITH THE REGULATION AND OVERSIGHT OF THOROUGHBRED HORSERACING IN MINNESOTA.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH SCURTOPresident-$0--
SCOTT RAKEVice President-$0--
DAN FLANIGANSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Thoroughbred Racing Alliance
EIN
87-4362430
Phone
7082145049
Address
18829 HUNTLEY TRL, LAKEVILLE, MN 55044

Signing Officer

Name
Joseph Scurto
Title
President
Signed
2024-02-20
Discuss with paid preparer
Yes

Preparer

Firm
Johnson & Hoehn Ltd Cpas
Address
223 W Nassau St, St Peter, MN 56082
Preparer
Terry L Hoehn
Phone
5079341795
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Hbpa funding and misc $100166”

Other Expenses.1

“MARKETING EXPENSE $52749”

Other Expenses.2

“Govt affairs/lobby $45000”

Raw XML Appendix126 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/PersonNm0JOSEPH SCURTO
IRS990EZ/BooksInCareOfDetail/PhoneNum07082145049
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt018829 HUNTLEY TRL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAKEVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055044
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09094
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9094
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02185
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09094
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt09326
IRS990EZ/GrossReceiptsAmt0100166
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09094
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09094
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEPH SCURTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SCOTT RAKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAN FLANIGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt097749
IRS990EZ/OtherRevenueTotalAmt0100166
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO BUILD A COLLABORATIVE ALLIANCE OF INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS TO PRESERVE THE VITALITY OF MINNESOTA THOROUGHBRED HORSE RACING. WE WORK TO EFFECTIVELY COMMUNICATE THE INDUSTRY'S SOCIAL AND AGRIBUSINESS CONTRIBUTIONS AND ACTIVELY RESPOND TO PUBLIC POLICY ISSUES AFFECTING THE INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INSTRUMENTAL IN THE HALTING OF SPORTS BETTING LEGISLATION THAT WOULD HAVE BEEN DETRIMENTAL TO INDUSTRY BY ALLOWING OTHER ENTITIES TO OPERATE AND CONTROL SPORTS BETTING IN MINNESOTA WITHOUT INCLUSION OF THE THOROUGHBRED RACING INDUSTRY. BY CONTRACTING WITH HORSESHOE MARKETING,LLC, WE WERE ABLE TO CREATE EDUCATIONAL MATERIALS, DIGITAL MEDIA, AND PRESENTATIONS USED BY LOBBYISTS AND OTHER INDUSTRY STAKEHOLDERS TO COMMUNICATE THE NEGATIVE IMPACT OF THIS LEGISLATION TO THE LEGISLATURE AND GENERAL PUBLIC. ADDITIONALLY, WE WORKED DIRECTLY WITH THE MINNESOTA RACING COMMISSION (MRC) IN SECURING $1 MILLION IN ADDITIONAL FUNDING FROM THE STATE OF MINNESOTA FOR THE MRC TO BE USED TO OFFSET OUR CONSTITUENTS/MEMBERS OBLIGATORY COSTS ASSOCIATED WITH THE REGULATION AND OVERSIGHT OF THOROUGHBRED HORSERACING IN MINNESOTA.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0109260
IRS990EZ/TotalRevenueAmt0100166
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-02-28
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0474056794
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt09326
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501c3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01100 CANTERBURY RD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0SHAKOPEE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd055379
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HBPA FUNDING AND MISC $100166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MARKETING EXPENSE $52749
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVT AFFAIRS/LOBBY $45000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
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/PersonNm0JOSEPH SCURTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA THOROUGHBRED RACING ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0874362430
ReturnHeader/Filer/PhoneNum07082145049
ReturnHeader/Filer/USAddress/AddressLine1Txt018829 HUNTLEY TRL
ReturnHeader/Filer/USAddress/CityNm0LAKEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055044
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411707965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON & HOEHN LTD CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0223 W Nassau St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0St Peter
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056082
ReturnHeader/PreparerPersonGrp/PhoneNum05079341795
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Terry L Hoehn
ReturnHeader/ReturnTs02024-02-20T14:05:14-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSEPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCURTO
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.