Second Chance Thoroughbreds Inc
- Assets
- $43.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spencer, NY
- Founding
- 03/2013
- Data as of
- 12/2023
- EIN
- 46-1182639
Organization Overview
Second Chance Thoroughbreds Inc is located in Spencer, NY. The organization was established in 2013. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Chance Thoroughbreds Inc 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 12/2023, Second Chance Thoroughbreds Inc generated $70.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $70.8k during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
IN 2023, SECOND CHANCE THOROUGHBREDS REHOMED 15 THOROUGHBREDS. SINCE 2016, WE HAVE BEEN ACCREDITED BY THE THOROUGHBRED AFTERCARE ALLIANCE. IN 2023, WE WERE ACCREDITED BY THE GLOBAL FEDERATION OF ANIMAL SANCTUARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Collette Duddy Executive Director | 40 | $0 | |
Wendy Thompson Treasurer | 10 | $0 | |
Maisey Pautz Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,566 |
| Total Program Service Revenue | $16,326 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,892 |
| 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 | $26,939 |
| Occupancy, rent, utilities, and maintenance | $11,100 |
| Printing, publications, postage, and shipping | $792 |
| Other expenses | $31,994 |
| Total expenses | $70,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,082 |
| Other assets | $0 |
| Total assets | $43,082 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,082 |