Plainville, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Harness Horsemans Association of New England Inc, founded in 2000, is a small nonprofit in the Recreation & Sports sector that reported $845K in total revenue in fiscal year 2024. The organization ran a surplus of $307K, a strong 36% operating margin.
The organization seeks to promote the welfare and development of harness racing. See additional information for the entitys full mission statement.
To promote the welfare and development of harness racing
The entity received funds from the Massachusetts Gaming Commission to be utilized in a Health and Welfare fund for members of the organization representing the owners, trainers, and drivers at the...
The entity received funds from the Massachusetts Gaming Commission to be utilized in a Health and Welfare fund for members of the organization representing the owners, trainers, and drivers at the horse racing facility for the benefit of the organizations members, their families, employees and others under the rule and eligibility requirements of the organization, as approved by the MA Gaming Commission. The funds are to be used for funding health and pension benefits for all eligible members and related individuals.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $844,630 | $856,349 | 0.0% |
| Expenses | $537,974 | $483,541 | +0.1% |
| Net Income | $306,656 | $372,808 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Joseph Flynn | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Paul London | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Frank M Antonacci | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Paul Silva | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Bruce Weinstein | Clerk | 0.00 |
Director
|
$0 | $0 | $0 |
| Robert J McHugh | President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| James Hardy | Vice President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alice D Szpila Tisbert | Director | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Thibault | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $844,630 | $537,974 | $3,123,423 | $306,656 |
| 2023 | $856,349 | $483,541 | $2,771,836 | $372,808 |
| 2022 | $650,002 | $438,521 | $2,275,837 | $211,481 |
| 2021 | $726,596 | $346,229 | $2,319,793 | $380,367 |
| 2020 | $700,030 | $554,682 | $1,861,083 | $145,348 |
| 2019 | $717,971 | $309,038 | $1,718,544 | $408,933 |
| 2018 | $652,683 | $287,631 | $1,231,024 | $365,052 |
Compare Harness Horsemans Association of New England Inc with other nonprofits in Massachusetts and across the country.