NEW BEGINNINGS THOROUGHBREDS: Form 990EZ, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- NEW BEGINNINGS THOROUGHBREDS (EIN 46-4909403)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-07
- IRS object ID
- 202641279349200214
- Schema version
- 2025v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-07T08:11:43-04:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461614061 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISA M CLEMENTI CPA PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 61718 | AddressLine1Txt |
| City | STATEN ISLAND | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 103063737 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464909403 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW BEGINNINGS THOROUGHBREDS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWB | BusinessNameControlTxt |
| Phone | 7324064036 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 309 WERTSVILLE ROAD | AddressLine1Txt |
| City | EAST AMWELL | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08851 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE HORGAN | PersonNm |
| Person Title | CO-EXECUTIVE DIRECTO | PersonTitleTxt |
| Phone | 7324064036 | PhoneNum |
| Signature | 2026-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA M CLEMENTI | PreparerPersonNm |
| PTIN | P00228218 | PTIN |
| Phone | 6464600305 | PhoneNum |
| Preparation | 2026-04-30 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $64,446 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $49,574 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $9,796 | ProgramServiceRevenueAmt |
| Fundraising Gross Income | $4,723 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $4,642 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $81 | SpecialEventsNetIncomeLossAmt |
| Gross Sales Of Inventory | $353 | GrossSalesOfInventoryAmt |
| Gross Profit Loss Sls Of Invntry | $353 | GrossProfitLossSlsOfInvntryAmt |
| Total Revenue | $59,804 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $21,767 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $29,727 | OccupancyRentUtltsAndMaintAmt |
| Other Expenses Total | $3,461 | OtherExpensesTotalAmt |
| Total Expenses | $54,955 | TotalExpensesAmt |
| Excess Or Deficit For Year | $4,849 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $14,150 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $18,999 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,150 | BOYAmt |
| EOY | $18,999 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,150 | BOYAmt |
| EOY | $18,999 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,150 | BOYAmt |
| EOY | $18,999 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | TO RETRAIN AND SECURE WELL-QUALIFIED AND LOVING ADOPTIVE HOMES FOR OFF THE TRACK THOROUGHBREDS. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| PROVIDE SAFE BOARDING AND SHELTER FOR HORSES | $29,727 | $29,727 |
| PROVIDE VETERINARY, OTHER HEALTH, TRAINING AND RELATED SERVICES REQUIRED IN CARE OF THE WELL-BEING OF EACH HORSE | $9,129 | $20,929 |
| PROVIDE HORSE FEED AND NECESSARY SUPPLIES | $1,655 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $52,311 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| JAIME KELLY | ||
| PRESIDENT | 5.00 | $0 |
| MICHELLE HORGAN | ||
| CO-EXECUTIVE | 20.00 | $0 |
| NICOLE MCKINLEY | ||
| CO-EXECUTIVE | 20.00 | $0 |
| MARGARET CARLSEN | ||
| TREASURER | 10.00 | $0 |
| JOANNA VRANCART | ||
| VICE PRESIDE | 10.00 | $0 |
| KAREN PERETZ | ||
| VOLUNTEER CO | 5.00 | $0 |
| JANE LEGARD | ||
| SECRETARY | 5.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ORGANIZATION | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 309 WERTSVILLE ROAD | AddressLine1Txt |
| City | EAST AMWELL | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08851 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7324064036 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $43,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $47,705 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,455 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $55,890 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $64,446 | CurrentTaxYearAmt |
| Total | $268,590 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $43,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $47,705 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,455 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $55,890 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $64,446 | CurrentTaxYearAmt |
| Total | $268,590 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $268,590 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $43,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $47,705 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,455 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $55,890 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $64,446 | CurrentTaxYearAmt |
| Total | $268,590 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES BANK FEES 45 INSURANCE 1,218 FILING FEES 116 ADVERTISING 347 OFFICE EXPENSE 80 FEED/SUPPLIES 1,655 TOTAL 3,461 |
| FORM 990-EZ, PART III | TO RETRAIN AND SECURE WELL-QUALIFIED AND LOVING ADOPTIVE HOMES FOR OFF THE TRACK THOROUGHBREDS. |