CALIFORNIA THOROUGHBRED BUSINESS LEAGUE (EIN 201179229) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

WILLIAM A NADER

Phone

6265746617

Tax Period

2023-01-01 to 2023-12-31

CALIFORNIA THOROUGHBRED BUSINESS LEAGUE, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $6.3M in total revenue in fiscal year 2023. Expenses of $5.6M left a modest 11% surplus.

Mission

ASSIST CALIFORNIA THOROUGHBRED HORSE RACING INDUSTRY WITH WORKERS COMPENSATION PROGRAM.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,205,660

Investment Income $82,071

Other Revenue $0

TOTAL REVENUE $6,287,731

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,500,000

Other Expenses $5,621,424

TOTAL EXPENSES $5,621,424

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,287,731	$6,344,880	0.0%
Expenses	$5,621,424	$5,620,584	+0.0%
Net Income	$666,307	$724,296	-0.1%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
WILLIAM NADAR	CHAIR	1.00	Officer Director	$0	$0	$0
ALAN BALCH	SECRETARY	1.00	Officer Director	$0	$0	$0
DOUG BURGE	DIRECTOR	1.00	Director	$0	$0	$0
LARRY SWARTZLANDER	DIRECTOR	1.00	Director	$0	$0	$0
RICK ENGLISH	DIRECTOR	1.00	Director	$0	$0	$0
NATE NEWBY	DIRECTOR	1.00	Director	$0	$0	$0
TOM ROBBINS	DIRECTOR	1.00	Director	$0	$0	$0
BOB LIEWALD	DIRECTOR	1.00	Director	$0	$0	$0
ERIC SINDLER	DIRECTOR	1.00	Director	$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	$6,287,731	$5,621,424	$6,457,821	$666,307
2022	$6,344,880	$5,620,584	$5,796,154	$724,296
2021	$6,981,717	$5,619,161	$5,065,362	$1,362,556
2020	$5,047,770	$7,760,916	$3,689,806	$-2,713,146
2019	$6,403,916	$6,683,013	$6,402,118	$-279,097
2018	$6,914,538	$6,690,755	$6,695,049	$223,783

CALIFORNIA THOROUGHBRED BUSINESS LEAGUE