S โ€” Community Improvement & Capacity BuildingEIN: 510327075ยท Ruling Year: 1991

Delaware Thoroughbred Horsemens Association Inc

Wilmington, Delaware

BHealth Score
60B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$2.1M
Total Revenue
๐Ÿ“Š
$2.1M
Total Expenses
๐Ÿฆ
$1.2M
Net Assets
๐Ÿ“‹
$326K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-16.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-1.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.57
Net assets divided by total expenses
Liabilities-to-Assets
21.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,059,499โ†“16%$2,089,527โ†“34%$1,519,685โ†‘29%
2022$2,461,936โ†‘17%$3,185,880โ†‘97%$1,178,451โ†“41%
2021$2,112,631โ†‘43%$1,613,470โ†“4%$1,988,380โ†‘41%
2020$1,480,999โ†‘1%$1,689,354โ†“5%$1,406,529โ†“6%
2019$1,465,572โ†“11%$1,774,616โ†‘5%$1,501,388โ†“12%
2018$1,643,966โ†‘5%$1,694,127โ†‘27%$1,706,628โ†“6%
2017$1,571,068โ†“1%$1,335,287โ†‘9%$1,806,658โ†‘19%
2016$1,585,796โ†“3%$1,225,861โ†“17%$1,516,305โ†‘33%
2015$1,632,410โ†‘5%$1,484,470โ†“7%$1,143,094โ†‘15%
2014$1,559,452โ†“12%$1,594,033โ†‘4%$990,621โ†“3%
2013$1,762,814โ†‘20%$1,529,612โ†‘3%$1,023,575โ†‘29%
2012$1,468,569โ†“16%$1,489,771โ†“39%$791,030โ†“3%
2011$1,751,798$2,460,654$813,701

Frequently Asked Questions

What does Delaware Thoroughbred Horsemens Association Inc do?โ–ผ

Delaware Thoroughbred Horsemens Association Inc is a community improvement & capacity building nonprofit organization based in Delaware. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Delaware Thoroughbred Horsemens Association Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Delaware Thoroughbred Horsemens Association Inc has a score of 60/100 (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 Delaware Thoroughbred Horsemens Association Inc generate?โ–ผ

Delaware Thoroughbred Horsemens Association Inc reports $3.2M in annual revenue and holds $2.2M in total assets, based on IRS filings.

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Delaware Thoroughbred Horsemens Association Inc โ€” Wilmington, DE | GiveScope