{"success":true,"data":{"_id":216001631,"filings":[{"Organization":{"value":null,"Person":["MILDRED FLEMING","LAWRENCE FLEMING","JUDITH BATCHA","JANE GILBERT","RORY HUSTON","JOE PETRONE","JAY SCHNOOR JR"],"Title":["PRESIDENT","TREASURER","VICE PRESIDENT","SECRETARY","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2019,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"265 HIGHWAY 36 NO 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1641782,"Contributions":{"value":7538,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":7538,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1616058,"Total revenue":{"value":1616058,"STATE OF NJ RACING COM":1588008,"NJ THOROUGHBRED FESTIV":20000,"REGISTRATION":8050},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":2348,"Investment income total":2348,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":15838,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":15838,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1256507,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":98193,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":80000,"Pension plan contributions":2400,"Other employee benefits":7200,"Payroll taxes":8593},"Other expenses":{"value":1158314,"Management services":0,"Legal":0,"Accounting":15000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":24255,"Office expenses":2148,"Information technology":152,"Royalties":0,"Occupancy":17010,"Travel":39,"Conferences and meetings":3614,"Interest":83,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":3921,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1081946,"BREEDERS AWARDS PAID":996004,"RACE SPONSORSHIP":50843,"NJ THOROUGHBRED FESTIVA":30143,"DUES & SUBSCRIPTIONS":4956},"All other expenses":10146},"Functional Expenses":{"value":null,"Program Service Expenses":1213461,"Management And General Expenses":43046,"Fundraising Expenses":0}},"Assets":{"value":731861,"Non-interest bearing cash":23312,"Savings and temp cash investments":65188,"Pledges and grants receivable":0,"Accounts receivable":642061,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1300},"Liabilities":{"value":60848,"Sum of Total Liabilities":0,"Accounts payable, accrued":53209,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":7639},"Fund balance":{"value":671013,"Net assets without donor restriction":205941,"Net assets with donor restriction":465072,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9657415358609224,"percentile":0.8681017537641078},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.23466879281171313,"percentile":0.7883493091763288},"Liabilities to Assets Ratio":{"score":0.08314147085307183,"percentile":0.3432094790022827},"Operating Reserve Ratio":{"score":0.5824567630741413,"percentile":0.2844317567047319},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":-0.026832461992638574,"percentile":0.24310133410339838},"Revenue Growth":{"score":-0.036093447250242355,"percentile":0.25137582726715085},"Asset Growth":{"score":0.022328478137793824,"percentile":0.41371644882131936},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6485878418818157,"percentile":0.7381530574757974}},"source_xml":"202010659349300931_public.xml"},{"Organization":{"value":null,"Person":["DANIEL JLOPEZ","ROBERT MATTHIES","MILDRED FLEMING","JUDITH BATCHA","TODD WILKINSON","LAWRENCE FLEMING","MIKE D'ANTONIO","PETER FREUNDLICH","KCNEMUTLU"],"Title":["PRESIDENT","VICE PRESIDENT","TREASURER","SECRETARY","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2016,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"265 HIGHWAY 36 NO 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2154650,"Contributions":{"value":2085172,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":2085172,"Related organizations":0},"Program revenue":{"value":34302,"Total revenue":{"value":34302,"NJ THOROUGHBRED FESTIV":15672,"REGISTRATION":9880,"MEMBERSHIP DUES":8750},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":10,"Investment income total":10,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":35166,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":35166,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2150335,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1914433,"Benefits paid to members Total":1914433},"Salaries":{"value":90404,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":77842,"Pension plan contributions":3723,"Other employee benefits":0,"Payroll taxes":8839},"Other expenses":{"value":145498,"Management services":0,"Legal":30,"Accounting":13000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":9006,"Office expenses":9104,"Information technology":2045,"Royalties":0,"Occupancy":16440,"Travel":1406,"Conferences and meetings":4172,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":3129,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":75192,"NJ THOROUGHBRED FESTIVA":51634,"LOBBYIST COSTS":12000,"DUES AND SUBSCRIPTIONS":6682,"AWARD BANQUET":4876},"All other expenses":11974},"Functional Expenses":{"value":null,"Program Service Expenses":1974073,"Management And General Expenses":176262,"Fundraising Expenses":0}},"Assets":{"value":691788,"Non-interest bearing cash":88941,"Savings and temp cash investments":30254,"Pledges and grants receivable":0,"Accounts receivable":571293,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1300},"Liabilities":{"value":517144,"Sum of Total Liabilities":0,"Accounts payable, accrued":514222,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":2922},"Fund balance":{"value":174644,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":-235640,"Temporarily restricted net assets":410284,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9180304464188138,"percentile":0.79920407949538},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.00200264544125496,"percentile":0.4012919940350693},"Liabilities to Assets Ratio":{"score":0.7475469363446605,"percentile":0.08641146086822574},"Operating Reserve Ratio":{"score":0.32171173328806907,"percentile":0.17274297889419288},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.046653688059555616,"percentile":0.5185818178390592},"Revenue Growth":{"score":-0.009182774833237142,"percentile":0.3330640051894662},"Asset Growth":{"score":-0.0013321508447108597,"percentile":0.31349235609128223},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.509932013972625,"percentile":0.3471058116948242}},"source_xml":"201740489349300219_public.xml"},{"Organization":{"value":null,"Person":["NOLA BALABAN","ROBERT MATTHIES","GERALDINE KROMANN","MILDRED FLEMING","GERARD ARTZ","JUDITH BATCHA","DANIEL J LOPEZ","LINDA SIMON","KURT SLEETER","TODD WILKINSON"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY","TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2014,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"265 HIGHWAY 36 NO 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2182957,"Contributions":{"value":2085182,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":2085182,"Related organizations":0},"Program revenue":{"value":56097,"Total revenue":{"value":54760,"REGISTRATION":16550,"NJ CHARITABLE FOUNDATI":10850,"NJ THOROUGHBRED FESTIV":10430,"MEMBERSHIP DUES":9030,"ADVERTISEMENT":7900},"Total other revenue":1337,"Unrelated business revenue":0},"Investment income":{"value":24,"Investment income total":24,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":41654,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":41654,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1799169,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1555370,"Benefits paid to members Total":1555370},"Salaries":{"value":97385,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":80000,"Pension plan contributions":2400,"Other employee benefits":8000,"Payroll taxes":6985},"Other expenses":{"value":146414,"Management services":0,"Legal":1296,"Accounting":12500,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":7779,"Office expenses":3392,"Information technology":1625,"Royalties":0,"Occupancy":15756,"Travel":1300,"Conferences and meetings":3792,"Interest":20232,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":5261,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":67146,"NJ THOROUGHBRED FESTIVA":52887,"DUES AND SUBSCRIPTIONS":7167,"EQUIPMENT LEASE":3945,"AWARD BANQUET":3147},"All other expenses":6335},"Functional Expenses":{"value":null,"Program Service Expenses":1640983,"Management And General Expenses":158186,"Fundraising Expenses":0}},"Assets":{"value":776393,"Non-interest bearing cash":138735,"Savings and temp cash investments":73310,"Pledges and grants receivable":0,"Accounts receivable":558969,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":4079,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1300},"Liabilities":{"value":608279,"Sum of Total Liabilities":0,"Accounts payable, accrued":608279,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":168114,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":-210178,"Temporarily restricted net assets":378292,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9120782983699697,"percentile":0.7902805861455052},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.17581106728167345,"percentile":0.7304196993526578},"Liabilities to Assets Ratio":{"score":0.7834679086493567,"percentile":0.08122082057181437},"Operating Reserve Ratio":{"score":0.4315286668456382,"percentile":0.22185883964440828},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.626772315090264,"percentile":0.6813064119288462}},"source_xml":"201510379349300431_public.xml"},{"Organization":{"value":null,"Person":["MILDRED FLEMING","LAWRENCE FLEMING","JUDITH BATCHA","KEN GARCIA","JOE COLES","JANET LASZLO","RORY HUSTON","JOE PETRONE"],"Title":["PRESIDENT","TREASURER","VICE PRESIDENT","SECRETARY","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2021,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2021-01-01T00:00:00","tax_period_end":"2021-12-31T00:00:00","address":"265 HIGHWAY 36 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1749084,"Contributions":{"value":6485,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":6485,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1712024,"Total revenue":{"value":1712024,"STATE OF NJ RACING COM":1692309,"NJ THOROUGHBRED FESTIV":10000,"REGISTRATION":9715},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":3002,"Investment income total":3002,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":27573,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":27573,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1559134,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":98120,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":80000,"Pension plan contributions":2031,"Other employee benefits":9400,"Payroll taxes":6689},"Other expenses":{"value":1461014,"Management services":0,"Legal":0,"Accounting":22250,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":15224,"Office expenses":1672,"Information technology":-120,"Royalties":0,"Occupancy":16500,"Travel":0,"Conferences and meetings":218,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":3983,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1392385,"BREEDERS AWARDS PAID":1306036,"RACE SPONSORSHIP":50000,"NJ THOROUGHBRED FESTIVA":30730,"DUES & SUBSCRIPTIONS":5619},"All other expenses":8902},"Functional Expenses":{"value":null,"Program Service Expenses":1512955,"Management And General Expenses":46179,"Fundraising Expenses":0}},"Assets":{"value":1227654,"Non-interest bearing cash":165104,"Savings and temp cash investments":634308,"Pledges and grants receivable":0,"Accounts receivable":426942,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1300},"Liabilities":{"value":55562,"Sum of Total Liabilities":0,"Accounts payable, accrued":55562,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":1172092,"Net assets without donor restriction":253384,"Net assets with donor restriction":918708,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9703816349332386,"percentile":0.8749951664746684},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.10859970132938156,"percentile":0.6376964949204951},"Liabilities to Assets Ratio":{"score":0.04525868037737017,"percentile":0.39680888283655585},"Operating Reserve Ratio":{"score":0.7873947973682827,"percentile":0.3586922188187805},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":-0.02707231951512857,"percentile":0.24255377673198222},"Revenue Growth":{"score":-0.029691227727751977,"percentile":0.26803385695539933},"Asset Growth":{"score":0.06618093295614877,"percentile":0.5851335094188757},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6431374465929653,"percentile":0.7244377080715617}},"source_xml":"202221609349300222_public.xml"},{"Organization":{"value":null,"Person":["MILDRED FLEMING","MIKE D'ANTONIO","LAWRENCE FLEMING","KCNEMUTLU","JUDITH BATCHA","PETER FREUNDLICH","TODD WILKINSON"],"Title":["PRESIDENT","VICE PRESIDENT","TREASURER","SECRETARY","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2017,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2017-01-01T00:00:00","tax_period_end":"2017-12-31T00:00:00","address":"265 HIGHWAY 36 NO 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1966427,"Contributions":{"value":1902112,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":1902112,"Related organizations":0},"Program revenue":{"value":34088,"Total revenue":{"value":34088,"NJ THOROUGHBRED FESTIV":20000,"MEMBERSHIP DUES":7860,"REGISTRATION":6228},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":400,"Investment income total":400,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":29827,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":29827,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1949025,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1747097,"Benefits paid to members Total":1747097},"Salaries":{"value":86622,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":80000,"Pension plan contributions":-423,"Other employee benefits":0,"Payroll taxes":7045},"Other expenses":{"value":115306,"Management services":0,"Legal":0,"Accounting":15350,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":20186,"Office expenses":2513,"Information technology":110,"Royalties":0,"Occupancy":18330,"Travel":806,"Conferences and meetings":4630,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":4110,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":43378,"NJ THOROUGHBRED FESTIVA":28823,"DUES AND SUBSCRIPTIONS":9139,"AWARD BANQUET":3166,"EQUIPMENT LEASE":2250},"All other expenses":5893},"Functional Expenses":{"value":null,"Program Service Expenses":1781074,"Management And General Expenses":167951,"Fundraising Expenses":0}},"Assets":{"value":830585,"Non-interest bearing cash":57319,"Savings and temp cash investments":41465,"Pledges and grants receivable":0,"Accounts receivable":730501,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1300},"Liabilities":{"value":638539,"Sum of Total Liabilities":0,"Accounts payable, accrued":635620,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":2919},"Fund balance":{"value":192046,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":-226997,"Temporarily restricted net assets":419043,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9138281961493567,"percentile":0.7929096211321728},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.008849553021800453,"percentile":0.4217520648895108},"Liabilities to Assets Ratio":{"score":0.7687822438401849,"percentile":0.08330936707782109},"Operating Reserve Ratio":{"score":0.4261541026923718,"percentile":0.21948568173169594},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.022575903326634086,"percentile":0.41635439901079774},"Revenue Growth":{"score":-0.018921619005256882,"percentile":0.2998392150176477},"Asset Growth":{"score":0.022444446198036677,"percentile":0.41420399699789195},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.567642931027377,"percentile":0.5097407538582545}},"source_xml":"201810389349300436_public.xml"},{"Organization":{"value":null,"Person":["LAWRENCE FLEMING","JOE COLES","JANET LASZLO","RORY HUSTON","NICK SACCO"],"Title":["TREASURER","TRUSTEE","VICE PRESIDENT","PRESIDENT","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0],"Direct compensation":[0,0,0,0,0],"Other compensation":[0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2023,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"265 HIGHWAY 36 1R 1R, WEST LONG BRANCH, NJ, 7764, USA","city":"WEST LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1619258,"Contributions":{"value":6515,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":6515,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1596059,"Total revenue":{"value":1596059,"STATE OF NJ RACING COM":1567097,"NJ THOROUGHBRED FESTIV":20000,"REGISTRATION":8946,"NJ CHARITABLE FOUNDATI":16},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":2436,"Investment income total":2436,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":14248,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":14248,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1926056,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":115493,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":95000,"Pension plan contributions":2850,"Other employee benefits":9600,"Payroll taxes":8043},"Other expenses":{"value":1810563,"Management services":0,"Legal":0,"Accounting":18400,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":11485,"Office expenses":1646,"Information technology":11420,"Royalties":0,"Occupancy":18831,"Travel":10,"Conferences and meetings":2328,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":4292,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1727588,"BREEDERS AWARDS PAID":1617594,"MONMOUTH PARK PURSE":50000,"STALLION AUCTION":32680,"NJ THOROUGHBRED FESTIVA":27314},"All other expenses":14563},"Functional Expenses":{"value":null,"Program Service Expenses":1835575,"Management And General Expenses":90481,"Fundraising Expenses":0}},"Assets":{"value":1124448,"Non-interest bearing cash":32612,"Savings and temp cash investments":41169,"Pledges and grants receivable":0,"Accounts receivable":962914,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":87753},"Liabilities":{"value":367404,"Sum of Total Liabilities":0,"Accounts payable, accrued":281760,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":85644},"Fund balance":{"value":757044,"Net assets without donor restriction":255669,"Net assets with donor restriction":501375,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9530226535469374,"percentile":0.84981894419695},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.18946826262399197,"percentile":0.15684091011456017},"Liabilities to Assets Ratio":{"score":0.32674165457184323,"percentile":0.19089532195079584},"Operating Reserve Ratio":{"score":0.5838085704673177,"percentile":0.284967298599366},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":-0.00393754232890844,"percentile":0.3077675169087259},"Revenue Growth":{"score":-0.025910404182625982,"percentile":0.2786364828768053},"Asset Growth":{"score":0.05720877419931331,"percentile":0.5537765078037146},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5412520544342011,"percentile":0.43193111407666174}},"source_xml":"202403179349303565_public.xml"},{"Organization":{"value":null,"Person":["DANIEL JLOPEZ","ROBERT MATTHIES","MILDRED FLEMING","JUDITH BATCHA","TODD WILKINSON","LAWRENCE FLEMING","MIKE D'ANTONIO","PETER FREUNDLICH","KCNEMUTLU"],"Title":["PRESIDENT","VICE PRESIDENT","TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2015,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"265 HIGHWAY 36 NO 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1973489,"Contributions":{"value":1925800,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":1925800,"Related organizations":0},"Program revenue":{"value":33772,"Total revenue":{"value":33772,"NJ THOROUGHBRED FESTIV":10000,"REGISTRATION":9650,"MEMBERSHIP DUES":7850,"NJ CHARITABLE FOUNDATI":4278,"EQUINE SUPPLY SALES":1994},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":17,"Investment income total":17,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":13900,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":13900,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1971274,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1733198,"Benefits paid to members Total":1733198},"Salaries":{"value":92579,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":83077,"Pension plan contributions":2188,"Other employee benefits":0,"Payroll taxes":7314},"Other expenses":{"value":145497,"Management services":0,"Legal":942,"Accounting":12750,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":11755,"Office expenses":3964,"Information technology":573,"Royalties":0,"Occupancy":15996,"Travel":1300,"Conferences and meetings":3763,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":5384,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":81384,"NJ THOROUGHBRED FESTIVA":45804,"LOBBYIST COSTS":24766,"DUES AND SUBSCRIPTIONS":8733,"EQUIPMENT LEASE":2081},"All other expenses":7686},"Functional Expenses":{"value":null,"Program Service Expenses":1790761,"Management And General Expenses":180513,"Fundraising Expenses":0}},"Assets":{"value":799999,"Non-interest bearing cash":93645,"Savings and temp cash investments":45004,"Pledges and grants receivable":0,"Accounts receivable":655934,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":4116,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1300},"Liabilities":{"value":629670,"Sum of Total Liabilities":0,"Accounts payable, accrued":626520,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":3150},"Fund balance":{"value":170329,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":-221856,"Temporarily restricted net assets":392185,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9084282550269521,"percentile":0.7846477165620745},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0011223776773014696,"percentile":0.39838310189030096},"Liabilities to Assets Ratio":{"score":0.7870884838606048,"percentile":0.08072490343852266},"Operating Reserve Ratio":{"score":0.4058284135031457,"percentile":0.2105777001567622},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.012981353096048899,"percentile":0.3750990787497183},"Revenue Growth":{"score":-0.04188428289996681,"percentile":0.2374676323284482},"Asset Growth":{"score":0.06386302743724409,"percentile":0.5772542374496997},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.496666242168751,"percentile":0.31349998590107997}},"source_xml":"201610499349301006_public.xml"},{"Organization":{"value":null,"Person":["LAWRENCE FLEMING","JOE COLES","JANET LASZLO","RORY HUSTON","NICK SACCO"],"Title":["TREASURER","TRUSTEE","VICE PRESIDENT","PRESIDENT","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0],"Direct compensation":[0,0,0,0,0],"Other compensation":[0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2024,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"265 HIGHWAY 36 1R 1R, WEST LONG BRANCH, NJ, 7764, USA","city":"WEST LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1576217,"Contributions":{"value":8415,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":8415,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1551815,"Total revenue":{"value":1551815,"STATE OF NJ RACING COM":1515765,"NJ THOROUGHBRED FESTIV":20000,"REGISTRATION":16050},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":4105,"Investment income total":4105,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":11882,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":11882,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1970820,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":121176,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":100000,"Pension plan contributions":2988,"Other employee benefits":9600,"Payroll taxes":8588},"Other expenses":{"value":1849644,"Management services":0,"Legal":0,"Accounting":35492,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":25360,"Office expenses":1826,"Information technology":64,"Royalties":0,"Occupancy":21482,"Travel":7,"Conferences and meetings":1954,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":4216,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1750061,"BREEDERS AWARDS PAID":1670152,"MONMOUTH PARK PURSE":50000,"NJ THOROUGHBRED FESTIVA":26441,"DUES & SUBSCRIPTIONS":3468},"All other expenses":9182},"Functional Expenses":{"value":null,"Program Service Expenses":1907488,"Management And General Expenses":63332,"Fundraising Expenses":0}},"Assets":{"value":442999,"Non-interest bearing cash":34353,"Savings and temp cash investments":159806,"Pledges and grants receivable":0,"Accounts receivable":182987,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":65853},"Liabilities":{"value":80558,"Sum of Total Liabilities":0,"Accounts payable, accrued":16428,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":64130},"Fund balance":{"value":362441,"Net assets without donor restriction":224377,"Net assets with donor restriction":138064,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9678651525760851,"percentile":0.8712179678248331},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.25034814368833735,"percentile":0.12949491906847788},"Liabilities to Assets Ratio":{"score":0.18184691161831065,"percentile":0.26209312672372687},"Operating Reserve Ratio":{"score":0.22477902598918217,"percentile":0.12718917906277744},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.0015875892332753313,"percentile":0.3302387915691589},"Revenue Growth":{"score":-0.027198954497284676,"percentile":0.2749126433325466},"Asset Growth":{"score":0.02499710418817458,"percentile":0.42494183205409175},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5323418521129033,"percentile":0.40691403038527246}},"source_xml":"202541339349304484_public.xml"},{"Organization":{"value":null,"Person":["MILDRED FLEMING","LAWRENCE FLEMING","JUDITH BATCHA","KEN GARCIA","JOE COLES","JANET LASZLO","RORY HUSTON","JOE PETRONE"],"Title":["PRESIDENT","TREASURER","VICE PRESIDENT","SECRETARY","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2020,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"265 HIGHWAY 36 NO 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":8,"Number of independent voting members":8,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1849057,"Contributions":{"value":23520,"Other contributions":16100,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":7420,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1804285,"Total revenue":{"value":1804285,"STATE OF NJ RACING COM":1784605,"NJ THOROUGHBRED FESTIV":10000,"REGISTRATION":9680},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":2420,"Investment income total":2420,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":18832,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":18832,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1537929,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":96276,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":80000,"Pension plan contributions":2400,"Other employee benefits":7200,"Payroll taxes":6676},"Other expenses":{"value":1441653,"Management services":0,"Legal":0,"Accounting":17042,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":21178,"Office expenses":2302,"Information technology":207,"Royalties":0,"Occupancy":18000,"Travel":36,"Conferences and meetings":3165,"Interest":117,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":4185,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1368929,"BREEDERS AWARDS PAID":1312275,"RACE SPONSORSHIP":50000,"DUES & SUBSCRIPTIONS":4477,"EQUIPMENT LEASE":2177},"All other expenses":6492},"Functional Expenses":{"value":null,"Program Service Expenses":1493664,"Management And General Expenses":44265,"Fundraising Expenses":0}},"Assets":{"value":1196698,"Non-interest bearing cash":594184,"Savings and temp cash investments":62049,"Pledges and grants receivable":0,"Accounts receivable":539165,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1300},"Liabilities":{"value":214557,"Sum of Total Liabilities":0,"Accounts payable, accrued":212675,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":1882},"Fund balance":{"value":982141,"Net assets without donor restriction":245412,"Net assets with donor restriction":736729,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9712177870369828,"percentile":0.8762633626835733},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.16826306598444504,"percentile":0.7215576971715493},"Liabilities to Assets Ratio":{"score":0.17929084865187375,"percentile":0.2637148433467217},"Operating Reserve Ratio":{"score":0.7781230472928204,"percentile":0.355586682103746},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":-0.028756076993345682,"percentile":0.23867503112679422},"Revenue Growth":{"score":-0.030675492393285236,"percentile":0.2653957289931747},"Asset Growth":{"score":0.05494996595483786,"percentile":0.5454424899217147},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6472583581309491,"percentile":0.7348577098994217}},"source_xml":"202112389349301441_public.xml"},{"Organization":{"value":null,"Person":["NOLA BALABAN","ROBERT MATTHIES","GERALDINE KROMANN","MILDRED FLEMING","GERARD ART","JUDITH BATCHA","DANIEL J LOPEZ","LINDA SIMON","KURT SLEETER","TODD WILKINSON"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY","TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2013,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"265 HIGHWAY 36 NO 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":1,"Total Gross UBI":33953,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2149571,"Contributions":{"value":2070907,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":2070907,"Related organizations":0},"Program revenue":{"value":44666,"Total revenue":{"value":44616,"REGISTRATION":17000,"NJ THOROUGHBRED FESTIV":13050,"MEMBERSHIP DUES":9400,"ADVERTISEMENT":4116,"BANQUET":1050},"Total other revenue":50,"Unrelated business revenue":0},"Investment income":{"value":45,"Investment income total":45,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":33953,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":33953,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1916036,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1643342,"Benefits paid to members Total":1643342},"Salaries":{"value":93686,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":80000,"Pension plan contributions":2031,"Other employee benefits":5000,"Payroll taxes":6655},"Other expenses":{"value":179008,"Management services":0,"Legal":3000,"Accounting":14500,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":14029,"Office expenses":2379,"Information technology":7509,"Royalties":0,"Occupancy":15600,"Travel":1200,"Conferences and meetings":5777,"Interest":40349,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":3620,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":65480,"NJ THOROUGHBRED FESTIVA":49052,"DUES AND SUBSCRIPTIONS":7952,"EQUIPMENT LEASE":4270,"AWARD BANQUET":4206},"All other expenses":5565},"Functional Expenses":{"value":null,"Program Service Expenses":1745952,"Management And General Expenses":170084,"Fundraising Expenses":0}},"Assets":{"value":702955,"Non-interest bearing cash":126343,"Savings and temp cash investments":96379,"Pledges and grants receivable":0,"Accounts receivable":464149,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":14784,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1300},"Liabilities":{"value":918629,"Sum of Total Liabilities":0,"Accounts payable, accrued":435868,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":482761},"Fund balance":{"value":-215674,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":-250319,"Temporarily restricted net assets":34645,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9112313129815932,"percentile":0.7889702979868367},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.10864260822275701,"percentile":0.6377576360711593},"Liabilities to Assets Ratio":{"score":1.3068105355250337,"percentile":0.032975928866514924},"Operating Reserve Ratio":{"score":0.36687984985668326,"percentile":0.19326090247094987},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5976287296453774,"percentile":0.5985613502005747}},"source_xml":"201401479349300600_public.xml"},{"Organization":{"value":null,"Person":["MILDRED FLEMING","LAWRENCE FLEMING","JUDITH BATCHA","JOE COLES","JANET LASZLO","RORY HUSTON","JOE PETRONE"],"Title":["TRUSTEE","TREASURER","VICE PRESIDENT","TRUSTEE","SECRETARY","PRESIDENT","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2022,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"265 HIGHWAY 36 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":6,"Number of independent voting members":6,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1881048,"Contributions":{"value":6845,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":6845,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1822386,"Total revenue":{"value":1822386,"STATE OF NJ RACING COM":1801136,"NJ THOROUGHBRED FESTIV":12500,"REGISTRATION":8750},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":2632,"Investment income total":2632,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":49185,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":49185,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1989298,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":117567,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":97088,"Pension plan contributions":3000,"Other employee benefits":9600,"Payroll taxes":7879},"Other expenses":{"value":1871731,"Management services":0,"Legal":4583,"Accounting":19475,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":7594,"Office expenses":1381,"Information technology":2195,"Royalties":0,"Occupancy":19740,"Travel":0,"Conferences and meetings":2296,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":3956,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1802799,"BREEDERS AWARDS PAID":1772532,"NJ THOROUGHBRED FESTIVA":22979,"DUES & SUBSCRIPTIONS":5008,"EQUIPMENT LEASE":2280},"All other expenses":7712},"Functional Expenses":{"value":null,"Program Service Expenses":1935072,"Management And General Expenses":54226,"Fundraising Expenses":0}},"Assets":{"value":1160741,"Non-interest bearing cash":164402,"Savings and temp cash investments":4447,"Pledges and grants receivable":0,"Accounts receivable":968909,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":22983},"Liabilities":{"value":96899,"Sum of Total Liabilities":0,"Accounts payable, accrued":74616,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":22283},"Fund balance":{"value":1063842,"Net assets without donor restriction":302724,"Net assets with donor restriction":761118,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9727411378285205,"percentile":0.878548210387246},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.057547707448188455,"percentile":0.27410943328471254},"Liabilities to Assets Ratio":{"score":0.08348029405353993,"percentile":0.342817005963296},"Operating Reserve Ratio":{"score":0.5834927698112601,"percentile":0.2848452354656456},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":-0.010545951785942776,"percentile":0.28641877770456065},"Revenue Growth":{"score":-0.023775285235285597,"percentile":0.2849222993904281},"Asset Growth":{"score":0.06349797126117242,"percentile":0.5759298110056922},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5787087987022105,"percentile":0.5426048364695264}},"source_xml":"202333189349304333_public.xml"},{"Organization":{"value":null,"Person":["MILDRED FLEMING","LAWRENCE FLEMING","JUDITH BATCHA","RORY HUSTON","JOE PETRONE","TODD WILKINSON"],"Title":["PRESIDENT","TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0],"Direct compensation":[0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2018,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"265 HIGHWAY 36 NO 1R, W LONG BRANCH, NJ, 7764, USA","city":"W LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":6,"Number of independent voting members":6,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1937122,"Contributions":{"value":1863231,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":1863231,"Related organizations":0},"Program revenue":{"value":36182,"Total revenue":{"value":36182,"NJ THOROUGHBRED FESTIV":20000,"REGISTRATION":8332,"MEMBERSHIP DUES":7850},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":1044,"Investment income total":1044,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":36665,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":36665,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1843430,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":89083,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":80000,"Pension plan contributions":2400,"Other employee benefits":0,"Payroll taxes":6683},"Other expenses":{"value":1754347,"Management services":0,"Legal":0,"Accounting":14500,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":16344,"Office expenses":2730,"Information technology":1170,"Royalties":0,"Occupancy":16920,"Travel":1200,"Conferences and meetings":3530,"Interest":355,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":4009,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1684812,"BREEDERS AWARDS PAID":1603064,"RACE SPONSORSHIP":50100,"NJ THOROUGHBRED FESTIVA":28474,"AWARD BANQUET":3174},"All other expenses":8777},"Functional Expenses":{"value":null,"Program Service Expenses":1803289,"Management And General Expenses":40141,"Fundraising Expenses":0}},"Assets":{"value":963211,"Non-interest bearing cash":111928,"Savings and temp cash investments":188310,"Pledges and grants receivable":0,"Accounts receivable":661673,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1300},"Liabilities":{"value":677473,"Sum of Total Liabilities":0,"Accounts payable, accrued":671818,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":5655},"Fund balance":{"value":285738,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":-224504,"Temporarily restricted net assets":510242,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.978224830885903,"percentile":0.8869237028026391},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.04836659745746525,"percentile":0.5213265428612713},"Liabilities to Assets Ratio":{"score":0.703348487506891,"percentile":0.09322730006407388},"Operating Reserve Ratio":{"score":0.5225102119418692,"percentile":0.26036288722962964},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.014215335121225622,"percentile":0.38020618662708944},"Revenue Growth":{"score":-0.021222636125319803,"percentile":0.29265750447037125},"Asset Growth":{"score":0.048772224763440584,"percentile":0.5220415792523719},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6172687781663899,"percentile":0.6551368165198546}},"source_xml":"201940459349301389_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["LAWRENCE FLEMING","JOE COLES","JANET LASZLO","RORY HUSTON","NICK SACCO"],"Title":["TREASURER","TRUSTEE","VICE PRESIDENT","PRESIDENT","TRUSTEE"],"Hours":[5.0,5.0,5.0,5.0,5.0],"Total Compensation":[0,0,0,0,0],"Direct compensation":[0,0,0,0,0],"Other compensation":[0,0,0,0,0]},"Basic":{"value":null,"mission":"To promote the breeding and ownership of thoroughbred horses in the state of new jersey","year":2024,"name":"THOROUGHBRED BREEDERS' ASSOCIATION","phone":7325428880,"website":"NJBREDS.COM","type":"990","affiliation":null,"foreign_countries":["Jersey"],"principal_officer":"MICHAEL CAMPBELL","year_formation":1945,"state_legal_domicile":"NJ","total_volunteers":0,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"265 HIGHWAY 36 1R 1R, WEST LONG BRANCH, NJ, 7764, USA","city":"WEST LONG BRANCH","state":"NJ","country":"USA","zip_code":7764},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1576217,"Contributions":{"value":8415,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":8415,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1551815,"Total revenue":{"value":1551815,"STATE OF NJ RACING COM":1515765,"NJ THOROUGHBRED FESTIV":20000,"REGISTRATION":16050},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":4105,"Investment income total":4105,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":11882,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":11882,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1970820,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":121176,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":100000,"Pension plan contributions":2988,"Other employee benefits":9600,"Payroll taxes":8588},"Other expenses":{"value":1849644,"Management services":0,"Legal":0,"Accounting":35492,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":25360,"Office expenses":1826,"Information technology":64,"Royalties":0,"Occupancy":21482,"Travel":7,"Conferences and meetings":1954,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":4216,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1750061,"BREEDERS AWARDS PAID":1670152,"MONMOUTH PARK PURSE":50000,"NJ THOROUGHBRED FESTIVA":26441,"DUES & SUBSCRIPTIONS":3468},"All other expenses":9182},"Functional Expenses":{"value":null,"Program Service Expenses":1907488,"Management And General Expenses":63332,"Fundraising Expenses":0}},"Assets":{"value":442999,"Non-interest bearing cash":34353,"Savings and temp cash investments":159806,"Pledges and grants receivable":0,"Accounts receivable":182987,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":65853},"Liabilities":{"value":80558,"Sum of Total Liabilities":0,"Accounts payable, accrued":16428,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":64130},"Fund balance":{"value":362441,"Net assets without donor restriction":224377,"Net assets with donor restriction":138064,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9678651525760851,"percentile":0.8712179678248331},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.25034814368833735,"percentile":0.12949491906847788},"Liabilities to Assets Ratio":{"score":0.18184691161831065,"percentile":0.26209312672372687},"Operating Reserve Ratio":{"score":0.22477902598918217,"percentile":0.12718917906277744},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.0015875892332753313,"percentile":0.3302387915691589},"Revenue Growth":{"score":-0.027198954497284676,"percentile":0.2749126433325466},"Asset Growth":{"score":0.02499710418817458,"percentile":0.42494183205409175},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5323418521129033,"percentile":0.40691403038527246}},"source_xml":"202541339349304484_public.xml"},"sector":"","donation_categories":[],"zakat_policy":null},"error":null}