WASHINGTON COUNTY CATTLEMEN ASSOCIATION INC (EIN 113673099) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

DAVID SHUMATE

Tax Period

2023-01-01 to 2023-12-31

WASHINGTON COUNTY CATTLEMEN ASSOCIATION INC, founded in 1995, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $14K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $79K exceeded revenue, resulting in a 472% operating deficit.

Mission

THE ORGANIZATIONS MISSION IS TO PROMOTE THE BEEF CATTLE INDUSTRY IN WASHINGTON COUNTY, KY. THE ORGANIZATION PROVIDES VALUABLE INFORMATION RELATED TO THE BEEF INDUSTRY AND MANAGES AG GRANT FUNDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,230

Program Service Revenue $1,000

Investment Income $624

Other Revenue $7,886

TOTAL REVENUE $13,740

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $1,000

Fundraising Expenses $0

Program Expenses $73,594

Other Expenses $76,539

TOTAL EXPENSES $78,539

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,740	$397,031	-1.0%
Expenses	$78,539	$377,254	-0.8%
Net Income	$-64,799	$19,777	-4.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAYLOR SMITH	PRESIDENT	4.00	Officer	$500	$0	$500
MELISSA RILEY	SECRETARYTREASURER	4.00	Officer	$500	$0	$500
JUSTIN HATCHETT	DIRECTOR	1.00	Director	$0	$0	$0
DENISE OSBOURNE	DIRECTOR	1.00	Director	$0	$0	$0
RENEE CARRICO	DIRECTOR	1.00	Director	$0	$0	$0
GARLAND JONES	DIRECTOR	1.00	Director	$0	$0	$0
TOMMY WARNER	DIRECTOR	1.00	Director	$0	$0	$0
JACOB SETTLES	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT BAKER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SHUMATE	VICE PRESIDENT	4.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$13,740	$78,539	$53,640	$-64,799
2022	$397,031	$377,254	$112,670	$19,777
2021	$290,755	$236,663	$92,893	$54,092
2020	$318,120	$325,778	$38,801	$-7,658
2018	$234,928	$194,472	$247,803	$40,456

WASHINGTON COUNTY CATTLEMEN ASSOCIATION INC