SARATOGA SPRINGS, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SARATOGA HARNESS HORSEPERSONS ASSOCIATION INC, founded in 1994, is a small nonprofit that reported $783K in total revenue in fiscal year 2023. The organization ran a surplus of $214K, a strong 27% operating margin.
TO PROMOTE HARNESS RACING WITH SPECIAL REGARD TO THE SARATOGA SPRINGS, NEW YORK AREA AND PROMOTE THE WELFARE OF ITS MEMBERS.
PROVIDE REDUCED RATE INSURANCE COVERAGES TO MEMBERS OF THE ASSOCIATION. APPROXIMATELY FIFTY FIVE MEMBERS AND MEMBER DEPENDENTS TAKE ADVANTAGE OF THIS BENEFIT.
DISASTER AND HARDSHIP RELIEF - DURING THE YEAR ENDED DECEMBER 31, 2023 THE ASSOCIATION PROVIDED HARDSHIP ASSISTANCE TO MEMBERS WHO WERE SUFFERING FROM ILLNESS, FIRE AND OTHER LIFE EVENTS AND WHO WERE...
DISASTER AND HARDSHIP RELIEF - DURING THE YEAR ENDED DECEMBER 31, 2023 THE ASSOCIATION PROVIDED HARDSHIP ASSISTANCE TO MEMBERS WHO WERE SUFFERING FROM ILLNESS, FIRE AND OTHER LIFE EVENTS AND WHO WERE UNABLE TO MEET FINANCIAL OBLIGATIONS AS A RESULT.
PROVIDE NON-QUALIFIED RETIREMENT SAVINGS AND SECURITY TO TRAINERS AND DRIVERS THAT PARTICIPATE IN HARNESS RACING. MORE THAN FIFTY MEMBERS CURRENTLY ARE ENROLLED IN THE PLAN. DURING THE YEAR ENDED...
PROVIDE NON-QUALIFIED RETIREMENT SAVINGS AND SECURITY TO TRAINERS AND DRIVERS THAT PARTICIPATE IN HARNESS RACING. MORE THAN FIFTY MEMBERS CURRENTLY ARE ENROLLED IN THE PLAN. DURING THE YEAR ENDED DECEMBER 31, 2023 NO DISTRIBUTIONS WERE MADE TO MEMBERS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $783,084 | $766,982 | +0.0% |
| Expenses | $569,338 | $512,437 | +0.1% |
| Net Income | $213,746 | $254,545 | -0.2% |
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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 |
|---|---|---|---|---|---|---|
| BRIAN CROSS | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| JEFF CANTINE | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| MICKEY MCGIVERN | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| SCOTT MONGEON | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| MARK WHITCROFT | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| KYLE SPAGNOLA | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| JOHN HOAGLAND JR | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| LISA ZABIELSKI | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| JORDAN DERUE | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| HENRY WESTBROOK JR | PRESIDENT | 20.00 |
Officer
|
$0 | $0 | $0 |
| JOSEPH BATTAGLIA | SECRETARY | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $783,084 | $569,338 | $1,489,052 | $213,746 |
| 2022 | $766,982 | $512,437 | $1,275,307 | $254,545 |
| 2021 | $426,847 | $650,103 | $870,762 | $-223,256 |
| 2020 | $125,993 | $420,901 | $1,293,640 | $-294,908 |
| 2019 | $589,849 | $118,404 | $1,588,548 | $471,445 |
Compare SARATOGA HARNESS HORSEPERSONS ASSOCIATION INC with other nonprofits in New York and across the country.