DANVILLE WINS WITH PARI-MUTUEL

EIN: 842917978

RICHMOND, VA

Total Revenue
$318,000
Total Expenses
$299,766
Total Assets
$18,234
Net Assets
$18,234
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
VA
Principal Officer
JAMIE HARTMAN
Phone
8045575423
Tax Period
2019-08-30 to 2019-12-31

DANVILLE WINS WITH PARI-MUTUEL, founded in 2019, is a small nonprofit that reported $318K in total revenue in fiscal year 2019. Expenses of $300K left a modest 6% surplus.

Mission

TO SUPPORT AND SUSTAIN THE RETURN OF WORLD-CLASS HORSE RACING IN THE COMMONONWEALTH OF VIRGINIA THROUGH BACKING REFERENDUM EFFORTS THAT WILL ENSURE THE SPORT CAN THRIVE AND GENERATE TAX REVENUE AND JOB CREATION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $318,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $318,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $299,766
Other Expenses $299,766
TOTAL EXPENSES $299,766

Year-over-Year Comparison

2019 2018 Change
Revenue $318,000 N/A N/A
Expenses $299,766 N/A N/A
Net Income $18,234 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES HARTMAN TREASURER 5.00
Officer 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
2019 $318,000 $299,766 $18,234 $18,234
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