Plains Grains Inc

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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

Phone

7656880085

Tax Period

2024-07-01 to 2025-06-30

Plains Grains Inc is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $221K in total revenue in fiscal year 2024. Expenses of $257K exceeded revenue, resulting in a 17% operating deficit.

Mission

The Corporation is organized exclusively for educational and scientific purposes under section 501(c)(3) of the Internal Revenue Code of 1986, as amended ("IRC") or any corresponding section of any future federal tax code. In addition, the Corporation is organized and shall be operated as a supporting organization, as defined in IRC B' 509(a)(3), and as such shall be operated, supervised or controlled by and for the benefit of the organizations described in Article IV, A hereof, all of which are governmental units described in IRC B' 170(b)(1)(A)(v) by reason of being political subdivisions described in IRC B' 170(c)(1). In furtherance of this purpose, the Corporation shall educate the public about United States wheat and agriculture through a newsletter, exhibits, lectures, films and demonstrations as well as through research, the results of which shall be available to the general public through the newsletter.

Program Service Accomplishments

Program 1

Expenses: $257,218 Revenue: $219,925

Plains Grains, Inc. facilitates wheat quality survey for the hard red winter wheat region of the United States. It is pulling samples from seven states, including: Texas, Oklahoma, Kansas, Colorado, Nebraska, South Dakota, and Montana. Once samples have been collected, they are sent to wheat quality labs for testing. The results from these tests are disseminated in multiple ways. They are posted on the Plains Grains web site for public access, a summary of the data is provided to U.S. Wheat Associates to use in their annual reports, and each state is given their information to distribute however they like. In addition to administering the wheat quality survey, PGI also builds relationships and shares data with both domestic and foreign industry members to promote the use of U.S. hard red winter wheat.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $219,925

Investment Income $636

Other Revenue $0

TOTAL REVENUE $220,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $257,218

Other Expenses $257,218

TOTAL EXPENSES $257,218

Year-over-Year Comparison

	2024	2023	Change
Revenue	$220,561	$207,035	+0.1%
Expenses	$257,218	$228,022	+0.1%
Net Income	$-36,657	$-20,987	+0.7%

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

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
Les Peterson	Chairman	1.00	Director	$0	$0	$0
Don Schieber	Vice-Chairman	1.00	Director	$0	$0	$0
Larry Flohr	Sec/Tresurer	1.00	Director	$0	$0	$0
Stephen Baenziger	Director	1.00	Director	$0	$0	$0
Mike McClellan	Past Chairman	1.00	Director	$0	$0	$0
Ramon Galindo	Director	1.00	Director	$0	$0	$0
Jose Luis Fuente	Director	1.00	Director	$0	$0	$0
EG Herl	Director	1.00	Director	$0	$0	$0
Royce Schaneman	Executive Dir.	0.00	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
2025	$220,561	$257,218	$98,469	$-36,657
2024	$207,035	$228,022	$135,126	$-20,987
2023	$217,464	$201,165	$212,779	$16,299
2022	$185,388	$212,646	$139,814	$-27,258
2021	$136,340	$125,003	$167,072	$11,337
2020	$196,249	$189,463	$155,735	$6,786
2019	$170,351	$191,182	$148,949	$-20,831