SARATOGA HARNESS HORSEPERSONS ASSOCIATION INC (EIN 141781704) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

HENRY WESTBROOK JR

Phone

5185842110

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

TO PROMOTE THE WELFARE HARNESS RACING WITH SPECIAL REGARD TO THE SARATOGA SPRINGS, NEW YORK AREA AND PROMOTE THE WELFARE OF ITS MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,313

Program Service Revenue $6,075

Investment Income $15,299

Other Revenue $747,397

TOTAL REVENUE $783,084

Expense Breakdown

Grants Paid $7,999

Salaries & Benefits $90,859

Fundraising Expenses $0

Other Expenses $158,231

TOTAL EXPENSES $569,338

Year-over-Year Comparison

	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%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

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

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

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

SARATOGA HARNESS HORSEPERSONS ASSOCIATION INC