ZUnclassifiedEIN: 133985050· Ruling Year: 1998

National Thoroughbred Racing

Lexington, Kentucky

AHealth Score
86A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.66×
Peer Median15.40×
💰
$9.2M
Total Revenue
📊
$8.9M
Total Expenses
🏦
$14.7M
Net Assets
📋
$3.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.4%
Year-over-year change (2022 → 2023)
Net Margin
+2.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.66
Net assets divided by total expenses
Liabilities-to-Assets
16.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$9,155,77013%$8,891,49618%$17,690,0785%
2022$10,577,962191%$10,886,335152%$16,910,60818%
2021$3,638,13952%$4,317,06743%$20,584,24115%
2020$7,542,4892%$7,526,7795%$17,843,1593%
2019$7,409,5461%$7,137,1738%$17,333,3811%
2018$7,324,3421788%$7,769,0291345%$17,203,245
2017$387,90295%$537,65492%$17,279,1862%
2017$7,141,0283%$7,127,4531%$17,561,0202%
2016$6,936,3252%$7,043,545$17,288,0041%
2015$7,108,51911%$7,031,50217%$17,497,0421%
2014$6,395,5244%$5,994,6342%$17,254,9372%
2013$6,120,943120%$5,880,185143%$16,979,8566%
2012$2,781,18055%$2,423,54164%$16,087,02910%
2011$6,223,568$6,651,914$17,907,894

Frequently Asked Questions

What does National Thoroughbred Racing do?

National Thoroughbred Racing is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is National Thoroughbred Racing financially healthy?

Based on our 9-metric Financial Health Score model, National Thoroughbred Racing has a score of 86/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does National Thoroughbred Racing generate?

National Thoroughbred Racing reports $9.2M in annual revenue and holds $18.1M in total assets, based on IRS filings.

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