CALIFORNIA THOROUGHBRED TRAINERS (EIN 953946289) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

ALAN BALCH

Phone

6264472145

Tax Period

2023-01-01 to 2023-12-31

CALIFORNIA THOROUGHBRED TRAINERS, founded in 1983, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $3.5M left a modest 4% surplus.

Mission

TO FOSTER AND PROMOTE A HEALTHY ECONOMIC CLIMATE AND PUBLIC ACCEPTANCE OF THOROUGHBRED HORSE RACING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $27,500

Program Service Revenue $3,572,141

Investment Income $100,678

Other Revenue $0

TOTAL REVENUE $3,700,319

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,668,937

Fundraising Expenses $0

Other Expenses $874,354

TOTAL EXPENSES $3,543,291

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,700,319	$2,658,176	+0.4%
Expenses	$3,543,291	$1,434,937	+1.5%
Net Income	$157,028	$1,223,239	-0.9%

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

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

Governance

Voting Members

Independent Members

Employees

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

$120,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EOIN HARTY	PRESIDENT	10.00	Officer Director	$0	$0	$0
GLORIA HALEY	NORTHERN CALIFORNIA VP	1.00	Officer Director	$0	$0	$0
DAVID HOFMANS	SOUTHERN CALIFORNIA VP	1.00	Officer Director	$0	$0	$0
RAY BELL	TREASURER	1.00	Officer Director	$0	$0	$0
TIMOTHY BELLASIS	DIRECTOR	1.00	Director	$0	$0	$0
SEAN MCCARTHY	DIRECTOR	1.00	Director	$0	$0	$0
VAL BRINKERHOFF	DIRECTOR	1.00	Director	$0	$0	$0
TROY MATTHEW	DIRECTOR	1.00	Director	$0	$0	$0
RON ELLIS	DIRECTOR	1.00	Director	$0	$0	$0
ALAN BALCH	EXECUTIVE DIRECTOR	40.00	Officer	$120,000	$0	$120,000

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	$3,700,319	$3,543,291	$2,937,492	$157,028
2022	$2,658,176	$1,434,937	$2,374,546	$1,223,239
2021	$1,131,423	$1,167,290	$1,319,737	$-35,867
2020	$1,043,750	$1,167,472	$1,388,985	$-123,722
2019	$1,140,030	$1,225,045	$1,449,939	$-85,015
2018	$1,168,219	$1,127,128	$1,116,255	$41,091

CALIFORNIA THOROUGHBRED TRAINERS