FLORIDA STANDARDBRED BREEDERS AND OWNERS ASSOCIATION INC (EIN 596215848) - 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

1966

Legal Domicile

Principal Officer

DEIN SPRIGGS

Phone

9549725400

Tax Period

2023-08-01 to 2024-07-31

FLORIDA STANDARDBRED BREEDERS AND OWNERS ASSOCIATION INC, founded in 1966, is a small nonprofit that reported $234K in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $573K exceeded revenue, resulting in a 145% operating deficit.

Mission

TO PROMOTE FLORIDA STANDARDBRED BREEDING AND RACING

🔒

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 $0

Program Service Revenue $233,798

Investment Income $52

Other Revenue $0

TOTAL REVENUE $233,850

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,592

Fundraising Expenses $0

Program Expenses $514,399

Other Expenses $530,524

TOTAL EXPENSES $573,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$233,850	$588,623	-0.6%
Expenses	$573,116	$751,344	-0.2%
Net Income	$-339,266	$-162,721	+1.1%

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

180

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY AMANTE	DIRECTOR	N/A	Officer	$0	$0	$0
CHRISTINE AMANTE	1ST VICE PRE	N/A	Officer	$0	$0	$0
GEORGE BIRKHOLD	TREASURER	N/A	Officer	$0	$0	$0
PETER BLOOD	DIRECTOR	N/A	Officer	$0	$0	$0
MICHELLE CLARKE	DIRECTOR	N/A	Officer	$0	$0	$0
JAKE HUFF	DIRECTOR	N/A	Officer	$0	$0	$0
JAMES MCDONALD	DIRECTOR	N/A	Officer	$0	$0	$0
MICKEY MCNICHOL	DIRECTOR	N/A	Officer	$0	$0	$0
STEVE OLDFORD	SECRETARY	N/A	Officer	$0	$0	$0
JOSEPH PENNACCHIO	2ND VICE PRE	N/A	Officer	$0	$0	$0
LAURIE POULIN	DIRECTOR	N/A	Officer	$0	$0	$0
KIM SEARS	DIRECTOR	N/A	Officer	$0	$0	$0
DEIN SPRIGGS	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	$233,850	$573,116	$455,577	$-339,266
2023	$588,623	$751,344	$794,863	$-162,721
2022	$1,047,077	$987,083	$1,263,362	$59,994
2021	$1,226,400	$1,176,773	$897,406	$49,627
2020	$1,185,493	$1,274,824	$847,836	$-89,331

FLORIDA STANDARDBRED BREEDERS AND OWNERS ASSOCIATION INC