Thoroughbred Placement Resources INC: FY2021 Nonprofit Profile & Form 990 (EIN 26-3266757)

Revenue by fiscal year
FY2020	$203K
FY2021	$212K
FY2022	$191K
FY2023	$195K
FY2024	$185K
FY2025	$190K

Expenses by fiscal year
FY2020	$166K
FY2021	$205K
FY2022	$210K
FY2023	$202K
FY2024	$194K
FY2025	$184K

Net assets by fiscal year
FY2020	$162K
FY2021	$169K
FY2022	$151K
FY2023	$147K
FY2024	$128K
FY2025	$140K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

60%

39%

Program services 60% · $123K Management & general 39% · $80K Fundraising 1% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation

Kimberly Clark

President/Executive Director

$0Pt VII · Sec A

Kathleen Coyle

Director

$0Pt VII · Sec A

Lucy Kessler

Director

$0Pt VII · Sec A

Nina Dupont

Director

$0Pt VII · Sec A

Carol King

Director

$0Pt VII · Sec A

Christina Sinck Church

Chairperson

$0Pt VII · Sec A

Laura Van Waardenburg

Director

$0Pt VII · Sec A

See Thoroughbred Placement Resources INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Retrains and rehabilitates Thoroughbred racehorses, educating the public about them.

Questions for Thoroughbred Placement Resources INC

Tap to ask. Thoroughbred Placement Resources INC sees how many people are interested.

Your first name shows with your question. Thoroughbred Placement Resources INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $123K · in their own filed words · FY2021

01

Thoroughbred Placement Resources, Inc. exists to improve the lives of Thoroughbred racehorses as they complete their racing careers. TPR, Inc. successfully transitions and retrains Thoroughbred racehorses for other disciplines.

$123Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2024

Thoroughbred Aftercare Alliance Foundation INCFY2024$28K

Thoroughbred Charities of America INCFY2024$8K

The Mpd Higgins FoundationFY2024$1K

Total grants receivedfrom 3 funders$37K

See all 3 funders →

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$212K

Ln 12

Gifts and grantsLn 1h$175K

Fees for servicesLn 2g$37K

Money outPt IX

$205K

Ln 25

Programscol B$123K

Managementcol C$80K

Fundraisingcol D$2K

Owns and owesPt X

$169K

net assets · Ln 32

Cash and savingsLn 1–2$144K

Total assetsLn 16$167K

LiabilitiesLn 26−$2K

PeoplePt VI, VII

7

listed · VII A

PaidVII A0

Voting boardVI 1a7

IndependentVI 1b7

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$175K

Government grantsLn 1e$0

Noncash giftsLn 1g$0

Fundraising eventsLn 1c$8K

Fees for servicesLn 2g$37K

Total revenueLn 12$212K

Assets in detailPt X, end of year

CashLn 1$144K

Cash and savings togetherLn 1–2$144K

Land, buildings, equipmentLn 10c$23K

Total assetsLn 16$167K

LiabilitiesLn 26−$2K

Net assetsLn 32$169K

OperationsPt I, VI

EmployeesI 50

VolunteersI 630

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$135K	$144K
Land, buildings, equipmentLn 10c	$23K	$23K
Total assetsLn 16	$157K	$167K
LiabilitiesLn 26	−$5K	−$2K
Net assetsLn 32	$162K	$169K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Accounting feesLn 11c	$2K		$2K
Advertising and promotionLn 12	$5K		$3K	$2K
Office expensesLn 13	$5K		$5K
Travel and entertainment for public officialsLn 18	$2K	$2K
InterestLn 20	$40		$40
InsuranceLn 23	$2K	$2K
Other expenses (24a–d)Ln 24	$180K	$119K	$61K	$0
All other expensesLn 24e	$8K		$8K
Total functional expensesLn 25	$205K	$123K	$80K	$2K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$190K	$184K	$5K	$140K	990 PDF
FY2024	$185K	$194K	−$9K	$128K	990 PDF
FY2023	$195K	$202K	−$7K	$147K	990 PDF
FY2022	$191K	$210K	−$19K	$151K	990 PDF
FY2021 Viewing	$212K	$205K	$8K	$169K	990 PDF
FY2020	$203K	$166K	$37K	$162K	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2021 990 (6 parts)

Part I · Summary $212,295 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $152,290$174,965

I-9 Program service revenuePrior year $50,943$37,330

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $203,233$212,295

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $166,437$204,691

I-18 Total expensesPrior year $166,437$204,691

I-19 Revenue less expensesPrior year $36,796$7,604

Part VI · Governance 7 of 7 board members independent, 3 to look at

VI-1a Voting members of the governing body7

VI-1b Independent voting members7

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

Part VIII · Statement of revenue $212,295 across 11 lines filed

VIII-1a Federated campaigns$0

VIII-1b Membership dues$0

VIII-1c Fundraising events$7,701

VIII-1d Related organizations$0

VIII-1e Government grants$0

VIII-1f All other contributions, gifts and grants$167,264

VIII-1g Noncash contributions (included above)$0

VIII-1h Total contributions, gifts and grants$174,965

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $37,330 · Unrelated business $0 · Excluded from tax $0$37,330

VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0

VIII-12 Total revenueRelated to mission $37,330 · Unrelated business $0 · Excluded from tax $0$212,295

Part IX · Statement of functional expenses $204,691 across 8 lines filed

IX-11c Accounting feesManagement $2,000$2,000

IX-12 Advertising and promotionManagement $3,128 · Fundraising $2,120$5,248

IX-13 Office expensesManagement $4,805$4,805

IX-18 Travel and entertainment for public officialsPrograms $1,861$1,861

IX-20 InterestManagement $40$40

IX-23 InsurancePrograms $2,087$2,087

IX-24 Other expenses (24a–d)Programs $119,105 · Management $61,190 · Fundraising $0$180,295

IX-24e All other expensesManagement $8,355$8,355

IX-25 Total functional expensesPrograms $123,053 · Management $79,518 · Fundraising $2,120$204,691

Part X · Balance sheet $166,754 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $134,750$144,165

X-10c Land, buildings and equipment, netStart of year $22,589$22,589

X-16 Total assetsStart of year $157,339$166,754

X-17 Accounts payable and accrued expensesStart of year −$4,863−$2,340

X-26 Total liabilitiesStart of year −$4,863−$2,340

X-27 Net assets without donor restrictionsStart of year $162,202$169,094

X-28 Net assets with donor restrictionsStart of year $0$0

X-32 Total net assets or fund balancesStart of year $162,202$169,094

X-33 Total liabilities and net assetsStart of year $157,339$166,754

Part XI · Reconciliation of net assets $169,094 net assets at year end

XI-1 Total revenue$212,295

XI-2 Total expenses$204,691

XI-3 Revenue less expenses$7,604

XI-4 Net assets at start of year$162,202

XI-5 Net unrealized gains (losses) on investments$0

XI-6 Donated services and use of facilities$0

XI-7 Investment expenses$0

XI-8 Prior period adjustments−$712

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$169,094

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Thoroughbred Placement Resources INC FY2021 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Thoroughbred Placement Resources INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV