Civic Intelligence

Minnesota Thoroughbred Association Inc

990 • Fiscal year 2012 • EIN 41-1476022

Jan 01, 2012 to Dec 31, 2012

Medina, MN
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.21x

Higher debt load relative to assets than 80% of similar nonprofits.

2012 filings • 501(c)6 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2012 filings • 501(c)6 • <$500k nonprofits • Source year 2012

Net Margin

36th percentile

-2.3%

Higher net margin than 36% of similar nonprofits.

2012 filings • 501(c)6 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

18th percentile

-18%

Faster asset growth than 18% of similar nonprofits.

2012 filings • 501(c)6 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

92nd percentile

55%

Faster revenue growth than 92% of similar nonprofits.

2012 filings • 501(c)6 • <$500k nonprofits • Annualized from 2011 to 2012

Assets

Down

$50,317

Down $10,677 (-18%) from 2011

Net Assets

Down

$39,678

Down $10,518 (-21%) from 2011

Liabilities

Down

$10,639

Down $159 (-1.5%) from 2011

Revenue

Up

$455,407

Up $161,660 (+55%) from 2011

Expenses

Up

$465,925

Up $139,647 (+43%) from 2011

Net Income

Up

-$10,518

Up $22,013 (+68%) from 2011

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2011: $60,994Liabilities 2011: $10,798Net Assets 2011: $50,1962011Assets 2012: $50,317Liabilities 2012: $10,639Net Assets 2012: $39,6782012Assets 2013: $68,741Liabilities 2013: $8,229Net Assets 2013: $60,5122013Assets 2014: $89,984Liabilities 2014: $17,937Net Assets 2014: $72,0472014Assets 2015: $93,955Liabilities 2015: $11,302Net Assets 2015: $82,6532015Assets 2016: $166,133Liabilities 2016: $13,775Net Assets 2016: $152,3582016Assets 2017: $138,736Liabilities 2017: $11,486Net Assets 2017: $127,2502017Assets 2018: $128,194Liabilities 2018: $10,629Net Assets 2018: $117,5652018Assets 2019: $112,879Liabilities 2019: $16,613Net Assets 2019: $96,2662019Assets 2020: $58,737Liabilities 2020: $6,580Net Assets 2020: $52,1572020Assets 2021: $30,505Liabilities 2021: $3,148Net Assets 2021: $27,3572021Assets 2022: $55,016Liabilities 2022: $9,490Net Assets 2022: $45,5262022Assets 2023: $7,902Liabilities 2023: $2,909Net Assets 2023: $4,9932023Assets 2024: $7,582Liabilities 2024: $42Net Assets 2024: $7,5402024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2012

Assets$50,317
Liabilities$10,639
Net Assets$39,678

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $293,747Expenses 2011: $326,278Net Income 2011: -$32,5312011Revenue 2012: $455,407Expenses 2012: $465,925Net Income 2012: -$10,5182012Revenue 2013: $500,632Expenses 2013: $479,798Net Income 2013: $20,8342013Revenue 2014: $607,500Expenses 2014: $595,965Net Income 2014: $11,5352014Revenue 2015: $470,784Expenses 2015: $460,179Net Income 2015: $10,6052015Revenue 2016: $762,897Expenses 2016: $693,192Net Income 2016: $69,7052016Revenue 2017: $535,348Expenses 2017: $560,456Net Income 2017: -$25,1082017Revenue 2018: $621,903Expenses 2018: $631,588Net Income 2018: -$9,6852018Revenue 2019: $742,667Expenses 2019: $763,966Net Income 2019: -$21,2992019Revenue 2020: $530,572Expenses 2020: $574,681Net Income 2020: -$44,1092020Revenue 2021: $523,741Expenses 2021: $548,541Net Income 2021: -$24,8002021Revenue 2022: $586,004Expenses 2022: $567,835Net Income 2022: $18,1692022Revenue 2023: $545,350Expenses 2023: $585,883Net Income 2023: -$40,5332023Revenue 2024: $95,059Expenses 2024: $92,512Net Income 2024: $2,5472024Revenue 2025: $734Expenses 2025: $8,274Net Income 2025: -$7,5402025

Highlighted filing

2012

Revenue$455,407
Expenses$465,925
Net Income-$10,518
Filing Detail Status

This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Mission and Program Overview

Mission

To promote & support interest in the thoroughbred horse breeding & racing sport/industry in the state of minnesota.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.08$0.08
2024Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.95$0.93$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.05$5.45$5.86$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.09$0.46$5.86$5.68$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.03$0.27$5.24$5.49$0.25
2020Detailed filing. Detailed filing data is available for this year.$0.59$0.07$0.52$5.31$5.75$0.44
2019Summary only. Only limited summary data is available for this year.$1.13$0.17$0.96$7.43$7.64$0.21
2018Summary only. Only limited summary data is available for this year.$1.28$0.11$1.18$6.22$6.32$0.10
2017Summary only. Only limited summary data is available for this year.$1.39$0.11$1.27$5.35$5.60$0.25
2016Summary only. Only limited summary data is available for this year.$1.66$0.14$1.52$7.63$6.93$0.70
2015Summary only. Only limited summary data is available for this year.$0.94$0.11$0.83$4.71$4.60$0.11
2014Summary only. Only limited summary data is available for this year.$0.90$0.18$0.72$6.08$5.96$0.12
2013Summary only. Only limited summary data is available for this year.$0.69$0.08$0.61$5.01$4.80$0.21
2012Summary only. Only limited summary data is available for this year.$0.50$0.11$0.40$4.55$4.66$0.11
2011Summary only. Only limited summary data is available for this year.$0.61$0.11$0.50$2.94$3.26$0.33