FOOTHILLS ANTIQUE POWER ASSOCIATION (EIN 161733432) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

WILSON SIGMON

Phone

8282414061

Tax Period

2024-01-01 to 2024-12-31

FOOTHILLS ANTIQUE POWER ASSOCIATION, founded in 2003, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $91K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $25K, a strong 28% operating margin.

Mission

TO PROMOTE THE PRESERVATION OF ANTIQUATED EARLY TO MID-TWENTIETH CENTURY POWER EQUIPMENT USED IN RURAL AMERICAN FARMING.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,995

Program Service Revenue $73,861

Investment Income $0

Other Revenue $8,852

TOTAL REVENUE $90,708

Expense Breakdown

Grants Paid $15,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,718

Other Expenses $49,918

TOTAL EXPENSES $65,718

Year-over-Year Comparison

	2024	2023	Change
Revenue	$90,708	$105,813	-0.1%
Expenses	$65,718	$102,102	-0.4%
Net Income	$24,990	$3,711	+5.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN BLACK	PRESIDENT	4.00	Director	$0	$0	$0
WILSON SIGMON	VICE PRESIDENT	4.00	Director	$0	$0	$0
CANDY RICHEY	TREASURER	2.00	Director	$0	$0	$0
DAVID SETZER	SECRETARY	2.00	Director	$0	$0	$0
KEITH SCHRONCE	SHOW COMMITTEE CHAIRMAN	2.00	Director	$0	$0	$0
PHILLIP SPENCER	SHOW COMMITTEE CHAIRMAN AS	1.00	Director	$0	$0	$0
BUTCH MCINTYRE	DIRECTOR	1.00	Director	$0	$0	$0
TIM HOLLAR	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY AUSTIN	DIRECTOR	1.00	Director	$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
2024	$90,708	$65,718	$272,579	$24,990
2023	$105,813	$102,102	$247,589	$3,711
2022	$97,896	$56,264	$243,878	$41,632
2021	$125,983	$68,705	$202,247	$57,278
2020	$46,298	$44,614	$144,969	$1,684

FOOTHILLS ANTIQUE POWER ASSOCIATION