ARCADIA, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION, founded in 1937, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $1.9M exceeded revenue, resulting in a 20% operating deficit.
TO CREATE AN ENVIRONMENT OF EDUCATION FOR THE MEMBERSHIP SO AS TO BRING ABOUT THE BETTERMENT OF THE CONDITIONS FOR THOSE INVOLVED IN THE AGRICULTURAL PRODUCTION OF CALIFORNIA-BRED THOROUGHBREDS; TO ASSIST IN ALL WAYS APPROPRIATE, INCLUDING LEGISLATIVELY, TO MAXIMIZE THE QUALITY AND PROFITABILITY OF THE PRODUCT OF THE MEMBERS AND THE EFFICIENCY OF THEIR OPERATION; AND TO ENHANCE ALL ECONOMIC CONDITIONS RELATED TO THE GROWTH AND VITALITY OF THE THOROUGHBRED INDUSTRY IN CALIFORNIA.
REGISTRATION OF THOROUGHBRED HORSES IN CALIFORNIA & INCENTIVE AWARDS:THOROUGHBRED HORSES THAT ARE REGISTERED ARE ELIGIBLE FOR INCENTIVE AWARDS FUNDED THROUGH PARI-MUTUAL WAGERING ON AUTHORIZED RACES...
REGISTRATION OF THOROUGHBRED HORSES IN CALIFORNIA & INCENTIVE AWARDS:THOROUGHBRED HORSES THAT ARE REGISTERED ARE ELIGIBLE FOR INCENTIVE AWARDS FUNDED THROUGH PARI-MUTUAL WAGERING ON AUTHORIZED RACES MOSTLY CONDUCTED OR PRODUCED IN CALIFORNIA. AS THE RECOGNIZED REGISTERING AGENCY, THE ASSOCIATION COLLECTS AND DISTRIBUTES VARIOUS INCENTIVE AWARDS TO THOROUGHBRED BREEDERS AND OWNERS OF CALIFORNIA-BRED THOROUGHBREDS AND CALIFORNIA BASED STALLIONS. THE ASSOCIATION ALSO CONDUCTS AN ANNUAL AUCTION OF THOROUGHBREDS, FOR WHICH IT RECEIVES ENTRY FEES AND A COMMISSION FROM THE SALE OF HORSES.
CONDUCT ANNUAL NORTHERN CALIFORNIA YEARLING SALE: THE ANNUAL NORTHERN CALIFORNIA YEARLING SALE BRINGS TOGETHER SELLERS AND BUYERS FOR THE ADVANCEMENT OF HORSE RACING IN CALIFORNIA. IN 2023, OVER 20...
CONDUCT ANNUAL NORTHERN CALIFORNIA YEARLING SALE: THE ANNUAL NORTHERN CALIFORNIA YEARLING SALE BRINGS TOGETHER SELLERS AND BUYERS FOR THE ADVANCEMENT OF HORSE RACING IN CALIFORNIA. IN 2023, OVER 20 CONSIGNORS PARTICIPATED AND 230 HORSES WERE SOLD AT CTBA'S SOUTHERN CALIFORNIA AND NORTHERN CALIFORNIA SALES.
CTBA PUBLISHES A MONTHLY MAGAZINE: CALIFORNIA THOROUGHBRED TO WHICH ALL MEMBERS RECEIVE ANNUAL SUBSCRIPTIONS. CALIFORNIA THOROUGHBRED MAGAZINE HAS LONG BEEN RECOGNIZED AS A LEADING INDUSTRY...
CTBA PUBLISHES A MONTHLY MAGAZINE: CALIFORNIA THOROUGHBRED TO WHICH ALL MEMBERS RECEIVE ANNUAL SUBSCRIPTIONS. CALIFORNIA THOROUGHBRED MAGAZINE HAS LONG BEEN RECOGNIZED AS A LEADING INDUSTRY PUBLICATION. WE ARE DEDICATED TO BUILDING UPON THAT FOUNDATION. ONE WAY THIS IS BEING ACHIEVED IS BY WORKING TOGETHER IN PROVIDING ARTICLES THAT ARE SIGNIFICANT IN ASSISTING IN FARM MANAGEMENT AND ANIMAL HUSBANDRY. THE MAGAZINE ALSO BRINGS TOGETHER ADVERTISERS AND A PRECISE TARGET MARKET. STALLION OWNERS ARE ABLE TO COST EFFECTIVELY REACH THE REAL DECISION-MAKERS WITH THEIR ADVERTISING DOLLARS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,600,691 | $1,762,427 | -0.1% |
| Expenses | $1,913,573 | $1,889,730 | +0.0% |
| Net Income | $-312,882 | $-127,303 | +1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JUSTIN OLDFIELD | CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TY GREEN | VICE CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE SCHMITT | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ADRIAN GONZALEZ | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUG BURGE | CEO & GM | 40.00 |
Officer
|
$220,157 | $29,257 | $249,414 |
| THOMAS RETCHLESS | CONTROLLER | 40.00 |
Officer
|
$100,000 | $1,009 | $101,009 |
| DAN HARRALSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JONNY HILVERS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STACY POTTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TERRY LOVINGIER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PETE PARRELLA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN GREENE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GLORIA HALEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN HARRIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DON VALPREDO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,600,691 | $1,913,573 | $5,282,586 | $-312,882 |
| 2023 | $1,762,427 | $1,889,730 | $5,518,265 | $-127,303 |
| 2022 | $1,935,151 | $1,965,106 | $5,829,788 | $-29,955 |
| 2021 | $1,831,103 | $1,824,869 | $6,339,422 | $6,234 |
| 2020 | $1,894,297 | $1,907,242 | $5,463,487 | $-12,945 |
| 2019 | $1,868,573 | $1,911,640 | $6,165,149 | $-43,067 |
| 2018 | $1,847,939 | $1,807,814 | $7,449,571 | $40,125 |
Compare CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION with other nonprofits in California and across the country.