VIRGINIA WINS WITH PARI-MUTUEL

EIN: 871029553 Public & Societal Benefit

NEW KENT, VA

Total Revenue
$1,978
Total Expenses
N/A
Total Assets
$908
Net Assets
$908
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
VA
Principal Officer
JAMIE SANKO
Phone
8045575431
Tax Period
2022-01-01 to 2022-12-31

VIRGINIA WINS WITH PARI-MUTUEL, founded in 2021, is a small nonprofit in the Public & Societal Benefit sector that reported $562K in total revenue in fiscal year 2021.

Mission

TO ENCOURAGE THE RETURN OF WORLD-CLASS HORSE RACING IN VIRGINIA BY SUPPORTING PASSAGE OF REFERENDA TO ALLOW PARI-MUTUEL WAGERING IN CERTAIN VIRGINIA LOCALITIES, WHICH WILL ENSURE THE SPORT CAN THRIVE AND CREATE TAX REVENUE AND NUMEROUS NEW JOBS FOR VIRGINIA AND ITS LOCALITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $1,978
TOTAL REVENUE $1,978

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2022 2021 Change
Revenue $1,978 $562,025 -1.0%
Expenses N/A $563,095 -1.0%
Net Income N/A $-1,070 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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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
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON GOMES PRESIDENT 0.50
Officer Director
$0 $0 $0
JAMIE SANKO TREASURER 2.00
Officer Director
$0 $0 $0
KARANJA AUGUSTINE SECRETARY 0.50
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
2022 $1,978 No data $908 No data
2021 $562,025 $563,095 No data $-1,070
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