Civic Intelligence

Maryland Thoroughbred Horsemen'S

EIN 52-1493207 • 501(c)6 • Owings Mills, MD

Profile

Organized to promote the interest of thoroughbred racing in maryland and to represent all horsemen's interests and property rights in dealing with various racing associations, the racing commission, and the state legislatute.

500 Redland Court - Suite 105Owings Mills, MD 21117

mdhorsemen.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.04x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.04x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

17th percentile

-7.2%

Higher net margin than 17% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$253,921

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

18th percentile

-7.1%

Faster asset growth than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-4.6%

Faster revenue growth than 22% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,854,100

Down $141,061 (-7.1%) from 2023

Liabilities

Down

$71,080

Down $44,693 (-39%) from 2023

Net Assets

Down

$1,783,020

Down $96,368 (-5.1%) from 2023

Revenue

Down

$1,728,430

Down $83,722 (-4.6%) from 2023

Expenses

Up

$1,852,599

Up $22,520 (+1.2%) from 2023

Net Income

Down

-$124,169

Down $106,242 (-593%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $411,367Liabilities 2010: $73,408Net Assets 2010: $337,9592010Assets 2011: $720,754Liabilities 2011: $73,887Net Assets 2011: $646,8672011Assets 2012: $796,349Liabilities 2012: $67,709Net Assets 2012: $728,6402012Assets 2013: $1,072,723Liabilities 2013: $104,055Net Assets 2013: $968,6682013Assets 2014: $1,247,431Liabilities 2014: $85,377Net Assets 2014: $1,162,0542014Assets 2015: $1,356,328Liabilities 2015: $4,405Net Assets 2015: $1,351,9232015Assets 2016: $1,578,641Liabilities 2016: $57,693Net Assets 2016: $1,520,9482016Assets 2017: $1,496,636Liabilities 2017: $4,394Net Assets 2017: $1,492,2422017Assets 2018: $1,630,906Liabilities 2018: $33,939Net Assets 2018: $1,596,9672018Assets 2019: $1,830,897Liabilities 2019: $92,247Net Assets 2019: $1,738,6502019Assets 2020: $1,707,609Liabilities 2020: $16,086Net Assets 2020: $1,691,5232020Assets 2021: $1,933,805Liabilities 2021: $3,427Net Assets 2021: $1,930,3782021Assets 2022: $1,772,289Liabilities 2022: $0Net Assets 2022: $1,772,2892022Assets 2023: $1,995,161Liabilities 2023: $115,773Net Assets 2023: $1,879,3882023Assets 2024: $1,854,100Liabilities 2024: $71,080Net Assets 2024: $1,783,0202024

Highlighted filing

2024

Assets$1,854,100
Liabilities$71,080
Net Assets$1,783,020

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $518,7032010Expenses 2011: $665,4572011Expenses 2012: $776,2892012Revenue 2013: $1,026,894Expenses 2013: $786,866Net Income 2013: $240,0282013Revenue 2014: $972,973Expenses 2014: $779,587Net Income 2014: $193,3862014Revenue 2015: $1,183,612Expenses 2015: $993,743Net Income 2015: $189,8692015Revenue 2016: $1,471,255Expenses 2016: $1,302,230Net Income 2016: $169,0252016Revenue 2017: $1,475,160Expenses 2017: $1,536,250Net Income 2017: -$61,0902017Revenue 2018: $1,651,738Expenses 2018: $1,501,855Net Income 2018: $149,8832018Revenue 2019: $1,685,598Expenses 2019: $1,683,270Net Income 2019: $2,3282019Revenue 2020: $1,245,576Expenses 2020: $1,359,679Net Income 2020: -$114,1032020Revenue 2021: $1,645,385Expenses 2021: $1,456,198Net Income 2021: $189,1872021Revenue 2022: $1,820,486Expenses 2022: $1,759,953Net Income 2022: $60,5332022Revenue 2023: $1,812,152Expenses 2023: $1,830,079Net Income 2023: -$17,9272023Revenue 2024: $1,728,430Expenses 2024: $1,852,599Net Income 2024: -$124,1692024

Highlighted filing

2024

Revenue$1,728,430
Expenses$1,852,599
Net Income-$124,169

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.85$0.07$1.78$1.73$1.85$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.00$0.12$1.88$1.81$1.83$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$1.82$1.76$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$1.65$1.46$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.71$0.02$1.69$1.25$1.36$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.83$0.09$1.74$1.69$1.68$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.63$0.03$1.60$1.65$1.50$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.49$1.48$1.54$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.58$0.06$1.52$1.47$1.30$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.35$1.18$0.99$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.25$0.09$1.16$0.97$0.78$0.19
2013Detailed filing. Detailed filing data is available for this year.$1.07$0.10$0.97$1.03$0.79$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.07$0.73$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.07$0.65$0.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.07$0.34$0.52