INDEPENDENT MINERS & ASSOCIATES INC (EIN 231509993) - 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

1950

Legal Domicile

Principal Officer

ALFRED J BROWN

Phone

5706953107

Tax Period

2023-01-01 to 2023-12-31

INDEPENDENT MINERS & ASSOCIATES INC, founded in 1950, is a micro nonprofit that reported $21K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $40K exceeded revenue, resulting in a 92% operating deficit.

Mission

To provide services, aid and explore new markets for the anthracite coal industry in America.

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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 $8,528

Program Service Revenue $0

Investment Income $171

Other Revenue $12,032

TOTAL REVENUE $20,731

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,701

Fundraising Expenses $0

Other Expenses $17,175

TOTAL EXPENSES $39,876

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,731	$49,573	-0.6%
Expenses	$39,876	$42,107	-0.1%
Net Income	$-19,145	$7,466	-3.6%

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

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
ALFRED J BROWN	President	10.00	Officer Director	$0	$0	$0
KEITH LASLOW	Vice Pres	5.00	Officer Director	$0	$0	$0
AL REBER	Secretary	10.00	Officer Director	$0	$0	$0
ROBERT PINCHORSKI	Treasurer	10.00	Officer Director	$0	$0	$0
DARRYL KOPERNA	DIRECTOR	5.00	Director	$0	$0	$0
KERRY HARRIS	DIRECTOR	5.00	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	No data	No data	No data	No data
2023	$20,731	$39,876	$171,391	$-19,145
2022	$49,573	$42,107	$190,336	$7,466
2021	$19,918	$50,252	$182,264	$-30,334
2020	$49,541	$51,826	$212,648	$-2,285
2019	$51,724	$73,505	$214,394	$-21,781
2018	$51,874	$91,595	$236,364	$-39,721

INDEPENDENT MINERS & ASSOCIATES INC