Civic Intelligence

California Thoroughbred Foundation

EIN 95-6091639 • 501(c)3 • Arcadia, CA

Profile

To help develop veterinarians and fund research in Thoroughbred equine care and breeding within California.

201 Colorado PlaceArcadia, CA 91007

www.ctba.com

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

90th percentile

54%

Higher net margin than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

34th percentile

-1.2%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

39th percentile

1.8%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $1,030,007 (-100%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $1,030,007 (-100%) from 2023

Revenue

Up

$75,721

Up $28,195 (+59%) from 2023

Expenses

Up

$1,105,728

Up $1,074,277 (+3416%) from 2023

Net Income

Down

-$1,030,007

Down $1,046,082 (-6508%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2021: $1,036,080Liabilities 2021: $0Net Assets 2021: $1,036,0802021Assets 2022: $1,023,987Liabilities 2022: $0Net Assets 2022: $1,023,9872022Assets 2023: $1,030,007Liabilities 2023: $0Net Assets 2023: $1,030,0072023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2021: $61,604Expenses 2021: $27,134Net Income 2021: $34,4702021Revenue 2022: $62,717Expenses 2022: $29,007Net Income 2022: $33,7102022Revenue 2023: $47,526Expenses 2023: $31,451Net Income 2023: $16,0752023Revenue 2024: $75,721Expenses 2024: $1,105,728Net Income 2024: -$1,030,0072024

Highlighted filing

2024

Revenue$75,721
Expenses$1,105,728
Net Income-$1,030,007

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Dec 11, 2024
Return Version
2023v5.1
Gross Receipts
$75,721
Mission and Program Overview

Mission

To help develop veterinarians and fund research in Thoroughbred equine care and breeding within California.

Program Services

DescriptionGrantsExpenses
Scholarship Grants - Awarded scholarships to qualified candidates who study veterinary medicine at the University of California, Davis, Davis, CA and Western University of Health Sciences, Pomona, CA.$20,000$20,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff BleaDirector-$0--
Ada Gates PattonPresident-$0--
Gail GregsonVice President-$0--
Amy ZimmermanSecretary-$0--
Tracy GantzDirector-$0--
Jane GoldsteinDirector-$0--
Thomas RobbinsDirector-$0--
John SadlerDirector-$0--
Noreen SullivanDirector-$0--
Mary ForneyDirector-$0--
Larisa WickDirector-$0--
Filing and Contact Details

Filer

Filer Name
California Thoroughbred Foundation
EIN
95-6091639
Phone
6264457800
Address
201 Colorado Place, Arcadia, CA 91007

Signing Officer

Name
Ada Gates Patton
Title
President
Signed
2024-12-11
Discuss with paid preparer
Yes

Preparer

Firm
Darin a White
Address
1240 S LELAND AVE, WEST COVINA, CA 91790
Preparer
Darin a White
Phone
8186362728
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

Class of Activity: Endowment | Donee's Name: University of California, Davis | Donee's Address: P.O. Box 1167 Davis CA 95617 | Relationship of Donee: None | Cash Amount Given: $305671

Grants and Similar Amounts Paid In Excess of $5,000.3

Class of Activity: Endowment | Donee's Name: Western University of Health Sciences | Donee's Address: 309 E. Second Street Pomona CA 91766 | Relationship of Donee: None | Cash Amount Given: $145185

Grants and Similar Amounts Paid In Excess of $5,000.4

Class of Activity: Endowment | Donee's Name: Cal Poly Pomona | Donee's Address: 3801 W. Temple Avenue Pomona CA 91768 | Relationship of Donee: None | Cash Amount Given: $20521

Grants and Similar Amounts Paid In Excess of $5,000.5

Class of Activity: Donation to Non-Profit | Donee's Name: Keeneland Library | Donee's Address: 4201 Versailles Road Lexington KY 40510 | Relationship of Donee: None | Description of Property: Lithographs & Trophies | Date of Gift: 20240920 | Book Value: $10550 | Method Used to Determine BV: Appraisal Report | Fair Market Value: $10550 | Method Used to Determine FMV: Professional Appraiser

Grants and Similar Amounts Paid In Excess of $5,000.6

Class of Activity: Donation to Non-Profit | Donee's Name: California Thoroughbred Breeders Assn | Donee's Address: 201 Colorado Place Arcadia CA 91007 | Relationship of Donee: None | Description of Property: Lithographs & Portraits | Date of Gift: 20240920 | Book Value: $16815 | Method Used to Determine BV: Appraisal Report | Fair Market Value: $16815 | Method Used to Determine FMV: Professional Appraiser

Grants and Similar Amounts Paid In Excess of $5,000.7

Class of Activity: Donation to Non-Profit | Donee's Name: National Museum of Racing & Hall of Fame | Donee's Address: 191 Union Avenue Saratoga Springs NY 12866 | Relationship of Donee: None | Description of Property: Silver Trays, Bronz Busts | Date of Gift: 20240920 | Book Value: $69000 | Method Used to Determine BV: Insurance Valuation | Fair Market Value: $69000 | Method Used to Determine FMV: Professional Appraiser

Grants and Similar Amounts Paid In Excess of $5,000.8

Class of Activity: Donation to Non-Profit | Donee's Name: California Thoroughbred Breeders Assn | Donee's Address: 201 Colorado Place Arcadia CA 91007 | Relationship of Donee: None | Description of Property: Seabiscuit Memorabilia | Date of Gift: 20240920 | Book Value: $271900 | Method Used to Determine BV: Insurance Valuation | Fair Market Value: $271900 | Method Used to Determine FMV: Professional Appraiser

Grants and Similar Amounts Paid In Excess of $5,000.9

Class of Activity: Donation to Non-Profit | Donee's Name: National Sporting Library and Museum | Donee's Address: 102 The Plains Road, P.O. Box 1335 Middleburg VA 20118 | Relationship of Donee: None | Description of Property: Horse Racing Memorabilia | Date of Gift: 20240927 | Book Value: $32990 | Method Used to Determine BV: Insurance Valuation | Fair Market Value: $32990 | Method Used to Determine FMV: Professional Appraiser

Grants and Similar Amounts Paid In Excess of $5,000.10

Class of Activity: Donation to Non-Profit | Donee's Name: Center for Equine Health at UC Davis | Donee's Address: 1130 Equine Lane Davis CA 95616 | Relationship of Donee: None | Description of Property: Paintings & Jockey Silks | Date of Gift: 20240926 | Book Value: $5750 | Method Used to Determine BV: Insurance Valuation | Fair Market Value: $5750 | Method Used to Determine FMV: Professional Appraiser

Other Expenses.1002

Office Expenses $4993

Other Expenses.1012

Insurance $3315

Other Expenses.1

Artwork Writedown - Appraisal $200870

Other Expenses.2

Bank Fees $26

Other Expenses.3

Licenses $25

Other Assets.1

Art Work - Beginning $607875 Art Work - Ending $0

Raw XML Appendix253 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: Endowment | Donee's Name: University of California, Davis | Donee's Address: P.O. Box 1167 Davis CA 95617 | Relationship of Donee: None | Cash Amount Given: $305671
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: Endowment | Donee's Name: Western University of Health Sciences | Donee's Address: 309 E. Second Street Pomona CA 91766 | Relationship of Donee: None | Cash Amount Given: $145185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Class of Activity: Endowment | Donee's Name: Cal Poly Pomona | Donee's Address: 3801 W. Temple Avenue Pomona CA 91768 | Relationship of Donee: None | Cash Amount Given: $20521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Class of Activity: Donation to Non-Profit | Donee's Name: Keeneland Library | Donee's Address: 4201 Versailles Road Lexington KY 40510 | Relationship of Donee: None | Description of Property: Lithographs & Trophies | Date of Gift: 20240920 | Book Value: $10550 | Method Used to Determine BV: Appraisal Report | Fair Market Value: $10550 | Method Used to Determine FMV: Professional Appraiser
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Class of Activity: Donation to Non-Profit | Donee's Name: California Thoroughbred Breeders Assn | Donee's Address: 201 Colorado Place Arcadia CA 91007 | Relationship of Donee: None | Description of Property: Lithographs & Portraits | Date of Gift: 20240920 | Book Value: $16815 | Method Used to Determine BV: Appraisal Report | Fair Market Value: $16815 | Method Used to Determine FMV: Professional Appraiser
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Class of Activity: Donation to Non-Profit | Donee's Name: National Museum of Racing & Hall of Fame | Donee's Address: 191 Union Avenue Saratoga Springs NY 12866 | Relationship of Donee: None | Description of Property: Silver Trays, Bronz Busts | Date of Gift: 20240920 | Book Value: $69000 | Method Used to Determine BV: Insurance Valuation | Fair Market Value: $69000 | Method Used to Determine FMV: Professional Appraiser
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Class of Activity: Donation to Non-Profit | Donee's Name: California Thoroughbred Breeders Assn | Donee's Address: 201 Colorado Place Arcadia CA 91007 | Relationship of Donee: None | Description of Property: Seabiscuit Memorabilia | Date of Gift: 20240920 | Book Value: $271900 | Method Used to Determine BV: Insurance Valuation | Fair Market Value: $271900 | Method Used to Determine FMV: Professional Appraiser
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Class of Activity: Donation to Non-Profit | Donee's Name: National Sporting Library and Museum | Donee's Address: 102 The Plains Road, P.O. Box 1335 Middleburg VA 20118 | Relationship of Donee: None | Description of Property: Horse Racing Memorabilia | Date of Gift: 20240927 | Book Value: $32990 | Method Used to Determine BV: Insurance Valuation | Fair Market Value: $32990 | Method Used to Determine FMV: Professional Appraiser
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Class of Activity: Donation to Non-Profit | Donee's Name: Center for Equine Health at UC Davis | Donee's Address: 1130 Equine Lane Davis CA 95616 | Relationship of Donee: None | Description of Property: Paintings & Jockey Silks | Date of Gift: 20240926 | Book Value: $5750 | Method Used to Determine BV: Insurance Valuation | Fair Market Value: $5750 | Method Used to Determine FMV: Professional Appraiser
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Office Expenses $4993
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Insurance $3315
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Artwork Writedown - Appraisal $200870
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Bank Fees $26
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Licenses $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Art Work - Beginning $607875 Art Work - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Grants and Similar Amounts Paid In Excess of $5,000.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Grants and Similar Amounts Paid In Excess of $5,000.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Grants and Similar Amounts Paid In Excess of $5,000.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Grants and Similar Amounts Paid In Excess of $5,000.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Grants and Similar Amounts Paid In Excess of $5,000.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Grants and Similar Amounts Paid In Excess of $5,000.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1
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