OHIO THOROUGHBRED BREEDERS & OWNERS (EIN 316049009) - 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

1956

Legal Domicile

Principal Officer

MICHAEL ANNECHINO

Phone

3303568350

Tax Period

2023-01-01 to 2023-12-31

OHIO THOROUGHBRED BREEDERS & OWNERS, founded in 1956, is a small nonprofit that reported $214K in total revenue in fiscal year 2023. Expenses of $280K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE ORGANIZATION WAS FOUNDED TO PROMOTE THE COMMON INTEREST AND TO SOLVE THE COMMON PROBLEMS OF THOSE IN THE THOROUGHBRED BREEDING HORSE INDUSTRY IN THE STATE OF OHIO. TO THAT END, WE ARE CONDUCTING FUNDRAISING TO ACHIEVE OUR WISH LIST, MAGAZINE, STALLION REGISTER, HORSE SALE, NEWSLETTERS AND MORE.

🔒

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 $21,000

Program Service Revenue $192,407

Investment Income $0

Other Revenue $850

TOTAL REVENUE $214,257

Expense Breakdown

Grants Paid $150

Salaries & Benefits $124,845

Fundraising Expenses $0

Other Expenses $154,657

TOTAL EXPENSES $279,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$214,257	$209,029	+0.0%
Expenses	$279,652	$114,976	+1.4%
Net Income	$-65,395	$94,053	-1.7%

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

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

$134,639

Total Directors

$5,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN RAIMONDE	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD ZIELINSKI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KEVIN MCINTYRE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CATHY GALE	TREASURER	2.00	Officer Director	$0	$0	$0
PAUL DEVINE	SECRETARY (THRU 10/23)	1.00	Officer Director	$5,000	$0	$5,000
TONY FISHBACH	DIRECTOR (THRU 07/23)	1.00	Director	$0	$0	$0
STEVEN CHUMNEY	DIRECTOR (THRU 09/23)	1.00	Director	$0	$0	$0
JOHN ROYER	DIRECTOR (THRU 09/23)	1.00	Director	$0	$0	$0
STEVE DEMAIOLO	DIRECTOR	1.00	Director	$0	$0	$0
SAM KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL FRIEDMAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JAMISON	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ANNECHINO	EXECUTIVE DIRECTOR	35.00	Officer	$129,639	$0	$129,639

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	$214,257	$279,652	$258,319	$-65,395
2022	$209,029	$114,976	$342,372	$94,053
2021	$307,255	$336,094	$136,069	$-28,839
2020	$261,669	$132,634	$164,908	$129,035
2019	$119,990	$147,096	$38,850	$-27,106

OHIO THOROUGHBRED BREEDERS & OWNERS