New Beginnings Thoroughbreds
- Assets
- $12.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cranbury, NJ
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-4909403
Organization Overview
New Beginnings Thoroughbreds is located in Cranbury, NJ. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginnings Thoroughbreds is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, New Beginnings Thoroughbreds generated $47.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $50.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO RETRAIN AND SECURE WELL-QUALIFIED AND LOVING ADOPTIVE HOMES FOR OFF THE TRACK THOROUGHBREDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanna Vrancart Director | 10 | $0 | |
Kelly Hudyman President | 5 | $0 | |
Jane Legard Ernstof Secretary | 5 | $0 | |
Jamie Kelly Director | 5 | $0 | |
Nicole Mckinley 43,094 | 20 | $0 | |
Michelle Horgan Co-Executive Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,499 |
| Total Program Service Revenue | $24,206 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,705 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $16,096 |
| Occupancy, rent, utilities, and maintenance | $27,687 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,118 |
| Total expenses | $50,901 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,884 |
| Other assets | $0 |
| Total assets | $12,884 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,884 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Beginnings Thoroughbreds has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Thoroughbred Aftercare Alliance Foundation Inc Lexington, KY PURPOSE: Thoroughbred Aftercare | $15,000 |
Peer Organizations
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|---|---|---|
Carl Fenichel Community Services Inc Brooklyn, NY | $12,251,363 | $5,691,898 |
Enterprise Center Capital Corporation Philadelphia, PA | $134,514,899 | $23,652,312 |
New Square Community Improvement Council Inc New Square, NY | $7,666,025 | $8,815,852 |
Kings Bay Ym-Ywha Inc Brooklyn, NY | $12,626,720 | $11,475,108 |
Trinity Hall Tinton Falls, NJ | $25,041,854 | $11,664,482 |
Lincoln Financial Foundation Inc Radnor, PA | $4,895,429 | $8,366,668 |
Hospice-Vnsw Wphc Inc White Plains, NY | $7,508,393 | $8,068,324 |
Girl Scouts Of Northern New Jersey Inc Riverdale, NJ | $19,182,901 | $9,766,793 |
The Armory Foundation New York, NY | $10,796,175 | $8,230,990 |
The Pierre And Tana Matisse Foundation New York, NY | $201,513,951 | $12,995,130 |
Young Mens Christian Association Of Olean Ny And Bradford Pa Olean, NY | $15,431,743 | $7,834,907 |
The Sea Gate Association Brooklyn, NY | $31,154,598 | $12,359,100 |