CHESTER, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PENNSYLVANIA HARNESS HORSEMEN'S ASSOCIATION, founded in 1967, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.
THE PHHA IS A MEMBERSHIP ORGANIZATION WHICH PROMOTES THE WELFARE AND DEVELOPMENT OF HARNESS RACING IN PENNSYLVANIA. THE MOST SIGNIFICANT ACTIVITIES FOR THE ORGANIZATION ARE TO PROMOTE HARNESS RACING THROUGH MARKETING AND PROVIDES HEALTH BENEFITS FOR THE 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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,647,072 | $4,904,038 | -0.1% |
| Expenses | $4,878,553 | $5,942,585 | -0.2% |
| Net Income | $-231,481 | $-1,038,547 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| SAMUEL A BEEGLE | PRESIDENT | 4.00 |
Officer
Director
|
$25,000 | $8,925 | $33,925 |
| SYL KING | VICE-PRESIDENT | 1.00 |
Officer
Director
|
$0 | $12,582 | $12,582 |
| LOUIS A DITULLIO | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLARENCE MARTIN JR | SECRETARY | 2.00 |
Officer
Director
|
$0 | $16,130 | $16,130 |
| WILLIAM MULLIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $17,685 | $17,685 |
| JAKE HARTLINE | BOARD MEMBER | 1.00 |
Director
|
$0 | $17,685 | $17,685 |
| TOM JACKSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $9,759 | $9,759 |
| MATTHEW KAKALEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $17,920 | $17,920 |
| ROBERT BAGGITT JR | BOARD MEMBER | 1.00 |
Director
|
$0 | $23,405 | $23,405 |
| DARRYL BRENISER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TODD M SCHADEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $29,718 | $29,718 |
| MIKE HARANT | EXECUTIVE DIRECTOR | 50.00 |
Officer
|
$130,500 | $19,549 | $150,049 |
| VIET H NGUYEN | CFO | 50.00 |
Officer
|
$119,000 | $38,858 | $157,858 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $4,647,072 | $4,878,553 | $37,474,254 | $-231,481 |
| 2023 | $4,904,038 | $5,942,585 | $38,684,214 | $-1,038,547 |
| 2022 | $4,801,308 | $6,529,396 | $38,090,065 | $-1,728,088 |
| 2021 | $7,569,633 | $3,795,239 | $47,723,168 | $3,774,394 |
| 2020 | $4,157,609 | $4,030,881 | $48,384,172 | $126,728 |
| 2019 | $4,318,048 | $4,316,889 | $43,147,677 | $1,159 |
| 2018 | $5,583,730 | $5,580,290 | $43,542,110 | $3,440 |
Compare PENNSYLVANIA HARNESS HORSEMEN'S ASSOCIATION with other nonprofits in Pennsylvania and across the country.