ASSOCIATION OF BITUMINOUS CONTRACTORS INC (EIN 237118181) - 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

1968

Legal Domicile

Principal Officer

DAVID ROGSTAD

Phone

2025228700

Tax Period

2024-01-01 to 2024-12-31

ASSOCIATION OF BITUMINOUS CONTRACTORS INC, founded in 1968, is a micro nonprofit that reported $65K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $91K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO PROMOTE SAFER AND BETTER CONSTRUCTION METHODS, TO COLLECT AND DISSEMINATE INFORMATION USEFUL TO COAL MINE CONTRACTORS AND TO REPRESENT COAL MINE CONTRACTORS IN UNION NEGOTIATIONS.

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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 $64,800

Investment Income $0

Other Revenue $0

TOTAL REVENUE $64,800

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $81,600

Other Expenses $90,638

TOTAL EXPENSES $90,638

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,800	$68,929	-0.1%
Expenses	$90,638	$651,235	-0.9%
Net Income	$-25,838	$-582,306	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAM LISTON	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
ROBERT RAMSEY	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
AARON RIGGS	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
DANIEL B FLESHER	VICE PRESIDE	N/A	Officer	$0	$0	$0
WILLIAM H HOWE	SECRETARY	N/A	Officer	$0	$0	$0
JOHN D MOORE	TREASURER/BO	N/A	Officer	$0	$0	$0
DAVID ROGSTAD	PRESIDENT/BO	N/A	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
2024	$64,800	$90,638	$1,360,505	$-25,838
2023	$68,929	$95,150	$1,515,207	$-26,221
2022	$66,342	$96,324	$1,569,297	$-29,982
2021	$70,378	$97,418	$2,322,777	$-27,040
2020	$84,294	$93,405	$1,990,730	$-9,111
2019	$85,069	$98,900	$1,700,010	$-13,831
2018	$66,470	$101,104	$2,330,307	$-34,634

ASSOCIATION OF BITUMINOUS CONTRACTORS INC