Civic Intelligence

California Thoroughbred Horsemen'S

EIN 95-3873222 • 501(c)3 • Arcadia, CA

Profile

The organization provides health and welfare benefits to individuals and their families who work in occupations directly related to the care of thoroughbred horses in california.

PO Box 660129Arcadia, CA 91066

www.cthf.info

Siviq Scores

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

Liabilities / Assets

27th percentile

0.02x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

29th percentile

0.05x

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

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

59th percentile

8.6%

Higher net margin than 59% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

62nd percentile

$159,322

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

59th percentile

6.9%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

0.6%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,460,574

Up $510,748 (+10%) from 2023

Liabilities

Up

$123,335

Up $28,398 (+30%) from 2023

Net Assets

Up

$5,337,239

Up $482,350 (+9.9%) from 2023

Revenue

Up

$2,368,524

Up $267,850 (+13%) from 2023

Expenses

Up

$2,164,350

Up $89,126 (+4.3%) from 2023

Net Income

Up

$204,174

Up $178,724 (+702%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,709,041Liabilities 2011: $264,295Net Assets 2011: $3,444,7462011Assets 2012: $3,561,057Liabilities 2012: $125,845Net Assets 2012: $3,435,2122012Assets 2013: $3,456,500Liabilities 2013: $126,649Net Assets 2013: $3,329,8512013Assets 2014: $3,699,250Liabilities 2014: $136,835Net Assets 2014: $3,562,4152014Assets 2015: $3,772,347Liabilities 2015: $113,702Net Assets 2015: $3,658,6452015Assets 2016: $3,812,499Liabilities 2016: $128,528Net Assets 2016: $3,683,9712016Assets 2017: $4,288,234Liabilities 2017: $163,692Net Assets 2017: $4,124,5422017Assets 2018: $4,677,800Liabilities 2018: $132,812Net Assets 2018: $4,544,9882018Assets 2019: $4,692,289Liabilities 2019: $114,121Net Assets 2019: $4,578,1682019Assets 2020: $4,902,978Liabilities 2020: $360,409Net Assets 2020: $4,542,5692020Assets 2021: $5,123,542Liabilities 2021: $178,274Net Assets 2021: $4,945,2682021Assets 2022: $4,792,139Liabilities 2022: $96,702Net Assets 2022: $4,695,4372022Assets 2023: $4,949,826Liabilities 2023: $94,937Net Assets 2023: $4,854,8892023Assets 2025: $5,460,574Liabilities 2025: $123,335Net Assets 2025: $5,337,2392025

Highlighted filing

2025

Assets$5,460,574
Liabilities$123,335
Net Assets$5,337,239

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,746,057Expenses 2011: $2,196,538Net Income 2011: -$450,4812011Expenses 2012: $1,927,0232012Expenses 2013: $1,943,4452013Revenue 2014: $2,005,835Expenses 2014: $2,119,506Net Income 2014: -$113,6712014Revenue 2015: $2,027,458Expenses 2015: $1,931,551Net Income 2015: $95,9072015Revenue 2016: $2,004,764Expenses 2016: $1,973,212Net Income 2016: $31,5522016Revenue 2017: $2,049,515Expenses 2017: $1,828,756Net Income 2017: $220,7592017Revenue 2018: $3,209,921Expenses 2018: $2,925,936Net Income 2018: $283,9852018Revenue 2019: $1,992,320Expenses 2019: $2,007,686Net Income 2019: -$15,3662019Revenue 2020: $2,259,545Expenses 2020: $2,065,205Net Income 2020: $194,3402020Revenue 2021: $2,050,346Expenses 2021: $2,026,186Net Income 2021: $24,1602021Revenue 2022: $2,219,766Expenses 2022: $1,987,768Net Income 2022: $231,9982022Revenue 2023: $2,100,674Expenses 2023: $2,075,224Net Income 2023: $25,4502023Revenue 2025: $2,368,524Expenses 2025: $2,164,350Net Income 2025: $204,1742025

Highlighted filing

2025

Revenue$2,368,524
Expenses$2,164,350
Net Income$204,174

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.46$0.12$5.34$2.37$2.16$0.20
2023Summary only. Only limited summary data is available for this year.$4.95$0.09$4.85$2.10$2.08$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.79$0.10$4.70$2.22$1.99$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.12$0.18$4.95$2.05$2.03$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.90$0.36$4.54$2.26$2.07$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.69$0.11$4.58$1.99$2.01$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.68$0.13$4.54$3.21$2.93$0.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.29$0.16$4.12$2.05$1.83$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$0.13$3.68$2.00$1.97$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.77$0.11$3.66$2.03$1.93$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.70$0.14$3.56$2.01$2.12$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.46$0.13$3.33$1.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$0.13$3.44$1.93
2011Summary only. Only limited summary data is available for this year.$3.71$0.26$3.44$1.75$2.20$0.45
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$2,027,458
Mission and Program Overview

Mission

The organization provides health and welfare benefits to individuals and their families who work in occupations directly related to the care of thoroughbred horses in california.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,692,648$2,761,890▲ $69,242
Savings and Temporary Cash Investments$764,981$581,518▼ $183,463
Accounts Receivable$110,184$338,327▲ $228,143
Land, Buildings, and Equipment, Net$123,879$82,359▼ $41,520
Prepaid Expenses and Deferred Charges$3,088$3,783▲ $695
Cash and Non-Interest-Bearing Accounts$350$350→ $0
Total Assets$3,699,250$3,772,347▲ $73,097
Other Assets Total$4,120$4,120→ $0
Liabilities
Accounts Payable and Accrued Expenses$136,835$113,702▼ $23,133
Total Liabilities$136,835$113,702▼ $23,133
Net Assets / Fund Balance
Unrestricted Net Assets$2,259,080$2,355,310▲ $96,230
Permanently Rstr Net Assets$1,303,335$1,303,335→ $0
Total Net Assets Fund Balance$3,562,415$3,658,645▲ $96,230
Total Liabilities and Net Assets / Fund Balance$3,699,250$3,772,347▲ $73,097

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$68,080$831,111$899,191
Equipment$14,279$243,582$257,861
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Kevin BollingExecutive Di$111,925$16,802$128,727

Board Members and Trustees

NameTitle
Ken SmoleChair/presid
Angie CarmonaDirector
Calvin RaineyDirector
Joe MorrisDirector
John GarciaDirector
Jorge GutierrezDirector
Josh RubinsteinDirector
Victor Levine MdSecretary
David NaftzgerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,809,471
Program Service Revenue
$132,528
Investment Income
$85,459
Other Revenue
$0
All Other Contributions
$1,809,471
Change in Net Assets
$95,907

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,027,458
Total Revenue per Audited Statements
$2,027,458
Total Revenue per Form 990
$2,027,458
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,100,121
Salaries, Compensation, and Employee Benefits$831,430
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$536,325$13,228-$549,553
Current Officers, Directors, Trustees, and Key Employees$38,618$90,109-$128,727
Occupancy$77,325--$77,325
Fees for Services Other-$73,760-$73,760
Other Expenses$73,145--$73,145
Other Employee Benefits$54,739$18,152-$72,891
Payroll Taxes$43,360$11,453-$54,813
Depreciation Depletion$53,598--$53,598
Insurance$51,668--$51,668
All Other Expenses$31,722--$31,722
Pension Plan Contributions$19,967$5,479-$25,446
Office Expenses-$18,421-$18,421
Travel-$12,674-$12,674
Total Functional Expenses$1,688,275$243,276$0$1,931,551

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,931,551
Total Expenses per Audited Statements$1,931,551
Total Expenses per Form 990$1,931,551
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of form 990 is reviewed by the audit committee, which reports to the full board.

Form 990, Page 6, Part VI, Line 12C

The board annually reviews conflict of interest statements.

Form 990, Page 6, Part VI, Line 15A

The board reviews and updates compensation of the executive director annually.

Form 990, Page 6, Part VI, Line 15B

The board reviews and updates compensation of employees annually.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request from business office.

Filing and Contact Details

Filer

Filer Name
CALIFORNIA THOROUGHBRED HORSEMEN'S
EIN
95-3873222
Phone
6264460169
Address
PO BOX 660129, ARCADIA, CA 91066

Signing Officer

Name
Cliff Goodrich
Title
Executive Director
Phone
6264460169
Signed
2015-11-09

Organization Details

Formed
1983
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
15

Preparer

Firm
Vicenti Lloyd & Stutzman
Address
2210 E ROUTE 66 STE 100, GLENDORA, CA 91740-4676
Preparer
Timothy D Evans CPA
Phone
6268577300
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Cthf has evaluated its tax positions and the certainty as to whether those positions will be sustained in the event of any audit by taxing authorities at the federal and state levels. Management has determined that all income tax positions will more likely than not be sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required.

Raw XML Appendix383 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011453
IRS990/PayrollTaxesGrp/ProgramServicesAmt043360
IRS990/PayrollTaxesGrp/TotalAmt054813
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05479
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt019967
IRS990/PensionPlanContributionsGrp/TotalAmt025446
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01809471
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01516432
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08494601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt084459
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt076915
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CTHF HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF ANY AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS WILL MORE LIKELY THAN NOT BE SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt01931551
IRS990ScheduleD/TotalRevenuePerForm990Amt02027458
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE, WHICH REPORTS TO THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ANNUALLY REVIEWS CONFLICT OF INTEREST STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND UPDATES COMPENSATION OF THE EXECUTIVE DIRECTOR ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS AND UPDATES COMPENSATION OF EMPLOYEES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
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IRS990/TotalFunctionalExpensesGrp/TotalAmt01931551
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IRS990/TotalLiabilitiesEOYAmt0113702
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IRS990/TotalLiabilitiesGrp/EOYAmt0113702
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03658645
IRS990/TotalOtherCompensationAmt016802
IRS990/TotalProgramServiceExpensesAmt01688275
IRS990/TotalProgramServiceRevenueAmt0132528
IRS990/TotalReportableCompFromOrgAmt0111925
IRS990/TotalRevenueGrp/ExclusionAmt085459
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03699250
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03772347
IRS990/TravelGrp/ManagementAndGeneralAmt012674
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02259080
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IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.CTHF.INFO
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CLIFF GOODRICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06264460169
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CALIFORNIA THOROUGHBRED HORSEMEN'S
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CALI
ReturnHeader/Filer/EIN0953873222
ReturnHeader/Filer/PhoneNum06264460169
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 660129
ReturnHeader/Filer/USAddress/CityNm0ARCADIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091066
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952242818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VICENTI LLOYD & STUTZMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02210 E ROUTE 66 STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0917404676
ReturnHeader/PreparerPersonGrp/PhoneNum06268577300
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY D EVANS CPA
ReturnHeader/ReturnTs02015-11-23T16:50:30-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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