AFTER THE RACES INC

EIN: 300729968 501(c)(3) Animal-Related

ELKTON, MD

Total Revenue
$570,465
Total Expenses
$526,614
Total Assets
$1,568,140
Net Assets
$661,434
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MD
Principal Officer
BONNIE HUTTON
Phone
9197419819
Tax Period
2025-01-01 to 2025-12-31

AFTER THE RACES INC, founded in 2011, is a small nonprofit in the Animal-Related sector that reported $570K in total revenue in fiscal year 2025. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $527K left a modest 8% surplus.

Mission

RESCUE, REHABILITATE AND FIND ADOPTIVE HOMES FOR RACE HORSES

Program Service Accomplishments

Program 1
Expenses: $422,002 Revenue: $216,004

RESCUE RACE HORSES FROM CERTAIN DEATH, REHABILITATE THOSE SAME HORSESPROVIDE MEDICAL CARE, FEED AND TRAINING WHERE NEEDED IN ORDER TO FINDPERMANENT ADOPTIVE HOMES FOR THEM

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $340,371
Program Service Revenue $208,000
Investment Income $9,973
Other Revenue $12,121
TOTAL REVENUE $570,465

Expense Breakdown

Grants Paid $0
Salaries & Benefits $158,851
Fundraising Expenses $0
Program Expenses $422,002
Other Expenses $367,763
TOTAL EXPENSES $526,614

Year-over-Year Comparison

2025 2024 Change
Revenue $570,465 $883,402 -0.4%
Expenses $526,614 $457,812 +0.2%
Net Income $43,851 $425,590 -0.9%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
3
Volunteers
4

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
3
$65,859
Total Directors
5
$65,859
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK DONALDSON PRESIDENT 3.00
Officer Director
$0 $0 $0
BONNIE HUTTON VICE CHAIR/EXECUTIVE DIR 48.00
Officer Director
$65,859 $0 $65,859
BETHANY PASTORIAL TRUSTEE 5.00
Officer Director
$0 $0 $0
MEREDITH CLARK TREASURER 5.00
Director
$0 $0 $0
WHITNEY ELLIOT TRUSTEE 2.00
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
2025 $570,465 $526,614 $1,568,140 $43,851
2024 $883,402 $457,812 $1,546,108 $425,590
2023 $461,767 $446,711 $225,205 $15,056
2022 $402,979 $386,148 $213,446 $16,831
2021 $395,365 $347,125 $210,221 $48,240
2020 $375,873 $317,375 $174,886 $58,498
2019 $324,153 $302,794 $56,252 $21,359
2018 $250,682 $235,247 $34,166 $15,435
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AFTER THE RACES INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.