THOROUGHBRED HORSEMEN'S HEALTH FUND

EIN: 311099927

GROVE CITY, OH

Total Revenue
$577,500
Total Expenses
$510,603
Total Assets
$2,851,808
Net Assets
$2,844,217
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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
1984
Legal Domicile
OH
Principal Officer
RANDALL BLEVENS
Phone
6148751269
Tax Period
2023-01-01 to 2023-12-31

THOROUGHBRED HORSEMEN'S HEALTH FUND, founded in 1984, is a small nonprofit that reported $578K in total revenue in fiscal year 2023. Expenses of $511K left a modest 12% surplus.

Mission

TO MAINTAIN A FUND TO PROVIDE ASSISTANCE TO OHIO THOROUGHBRED HORSEMEN WITH HEALTH CARE EXPENSES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $521,327
Program Service Revenue $0
Investment Income $56,173
Other Revenue $0
TOTAL REVENUE $577,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $152,804
Fundraising Expenses $0
Program Expenses $401,025
Other Expenses $56,844
TOTAL EXPENSES $510,603

Year-over-Year Comparison

2023 2022 Change
Revenue $577,500 $588,279 0.0%
Expenses $510,603 $481,103 +0.1%
Net Income $66,897 $107,176 -0.4%
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

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Governance

Voting Members
3
Independent Members
3
Employees
2
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
2
$212,489
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BASLER EXECUTIVE DI 50.00
Officer
$58,806 $0 $212,489
JOE POOLE TRUSTEE N/A
Director
$0 $0 $0
MIKE RONE TRUSTEE DIRE N/A
Director
$0 $0 $0
RANDALL BLEVENS PRESIDENT N/A
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 $577,500 $510,603 $2,851,808 $66,897
2022 $588,279 $481,103 $2,558,543 $107,176
2021 $648,401 $525,592 $2,783,521 $122,809
2020 $571,114 $503,284 $2,485,028 $67,830
2019 $683,703 $454,467 $2,273,827 $229,236
2018 $663,719 $452,748 $1,821,933 $210,971
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