YMutual & Membership BenefitEIN: 456375624· Ruling Year: 2016

Horsemens Workers Compensation Insurance Trust

New Orleans, Louisiana

BHealth Score
56B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.64×
Peer Median29.60×
💰
$4.0M
Total Revenue
📊
$4.4M
Total Expenses
🏦
$2.8M
Net Assets
📋
$3.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.0%
Year-over-year change (2022 → 2023)
Net Margin
-9.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.64
Net assets divided by total expenses
Liabilities-to-Assets
58.3%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$4,002,42118%$4,360,76063%$6,690,85212%
2022$3,392,7024%$2,682,7849%$5,951,3068%
2021$3,552,31613%$2,934,08638%$5,510,2078%
2020$3,142,76315%$2,120,68257%$5,108,5865%
2019$3,687,1742%$4,920,44432%$5,356,6486%
2018$3,773,4921%$3,732,35632%$5,707,62717%
2017$3,752,4173%$2,831,1159%$4,879,56615%
2016$3,643,5291%$3,104,37110%$4,255,7798%
2015$3,664,5242%$3,448,6624%$3,957,4989%
2014$3,588,145$3,300,696$3,624,593

Frequently Asked Questions

What does Horsemens Workers Compensation Insurance Trust do?

Horsemens Workers Compensation Insurance Trust is a mutual & membership benefit nonprofit organization based in Louisiana. It is classified under NTEE code Y25 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Horsemens Workers Compensation Insurance Trust financially healthy?

Based on our 9-metric Financial Health Score model, Horsemens Workers Compensation Insurance Trust has a score of 56/100 (Grade: B). 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 Horsemens Workers Compensation Insurance Trust generate?

Horsemens Workers Compensation Insurance Trust reports $5.0M in annual revenue and holds $6.7M in total assets, based on IRS filings.

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