ALABAMA CHAPTER 23 IH COLLECTORS

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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

1998

Legal Domicile

Principal Officer

CLAY NORDAN

Phone

3347494958

Tax Period

2018-01-01 to 2018-12-31

ALABAMA CHAPTER 23 IH COLLECTORS, founded in 1998, is a small nonprofit in the Recreation & Sports sector that reported $132K in total revenue in fiscal year 2018. Expenses of $145K exceeded revenue, resulting in a 10% operating deficit.

Mission

WE ARE A VERY ACTIVE AND GROWING GROUP OF PEOPLE THAT ENJOY COLLECTING AND RESTORING INTERNATIONAL HARVESTER OR FARMALL MACHINERY OR RELATED ITEMS. WE BELIEVE IN PRESERVING THE HISTORY OF THE INTERNATIONAL HARVESTER COMPANY, WHICH WAS HEADQUARTERED IN CHICAGO, IL DURING THE TWENTIETH CENTURY.

Program Service Accomplishments

Program 1

THE CHAPTER PROVIDES SEMI-ANNUAL NEWSLETTERS TO ITS MEMBERS AS A WAY TO PROMOTE THE INTERNATIONAL HARVESTER BRAND AS WELL AS THEY HOSTS AN ANNUAL ALABAMA IH STATE SHOW WHICH SHOWCASES VARIOUS ANTIQUE IH EQUIPMENT. THIS EVENT PROMOTES THE HISTORY OF THE IH BRAND WITH HISTORICAL TOURS, EQUIPMENT DISPLAYS, AND OTHER IH RELATED EXHIBITS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $26,353

Program Service Revenue $107,531

Investment Income $219

Other Revenue $-2,241

TOTAL REVENUE $131,862

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $145,316

TOTAL EXPENSES $145,316

Year-over-Year Comparison

	2018	2017	Change
Revenue	$131,862	N/A	N/A
Expenses	$145,316	N/A	N/A
Net Income	$-13,454	$0	N/A

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

250

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	Role	Reportable Comp	Other Comp	Total
ROBERT BODINE	DIRECTOR	Director	$0	$0	$0
RONNIE LOTT	DIRECTOR	Director	$0	$0	$0
SHERMAN ROBERTS	DIRECTOR	Director	$0	$0	$0
JOE CRISWELL	DIRECTOR	Director	$0	$0	$0
CLAY NORDAN	DIRECTOR	Director	$0	$0	$0
DONNIE WEDGWORTH	DIRECTOR	Director	$0	$0	$0
CONRAD BELL	DIRECTOR	Director	$0	$0	$0
STEVE ALLEN	DIRECTOR	Director	$0	$0	$0
HAL HOAGLIN	DIRECTOR	Director	$0	$0	$0
RANDY BODINE	PRESIDENT	Officer	$0	$0	$0
GARY BELL	VICE PRESIDENT	Officer	$0	$0	$0
CLAY NORDAN	TREASURER	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
2018	$131,862	$145,316	$50,906	$-13,454