NATIONAL MUZZZLE LOADING RIFLE ASSOCIATION (EIN 351046434) - 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

1939

Legal Domicile

Principal Officer

MIKE YAZEL

Phone

8126675131

Tax Period

2024-01-01 to 2024-12-31

NATIONAL MUZZZLE LOADING RIFLE ASSOCIATION, founded in 1939, is a community nonprofit in the Recreation & Sports sector that reported $2.5M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $702K, a strong 28% operating margin.

Mission

TO PROMOTE, SUPPORT, NUTURE AND PRESERVE NMLRA'S AND OUR NATION'S HERTIAGE IN THE SUPPORT OF MUZZLE LOADING THROUGH RECREATIONAL, EDUCATIONAL, HISTORICAL AND CULTURAL VENUES SUCH AS MATCH COMPETITION, HUNTING, GUN MAKING, SAFETY AND HISTORICAL REINACTMENTS

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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 $1,141,828

Program Service Revenue $1,077,678

Investment Income $93,397

Other Revenue $229,704

TOTAL REVENUE $2,542,607

Expense Breakdown

Grants Paid $0

Salaries & Benefits $663,160

Fundraising Expenses $69,482

Program Expenses $1,531,680

Other Expenses $1,177,043

TOTAL EXPENSES $1,840,203

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,542,607	$2,342,476	+0.1%
Expenses	$1,840,203	$2,256,699	-0.2%
Net Income	$702,404	$85,777	+7.2%

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

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
ROBIN BONAVENTURA	DIRECTOR	5.00	Director	$0	$0	$0
TIPPY CURTIS	DIRECTOR	5.00	Director	$0	$0	$0
DAVID DELONG	DIRECTOR	5.00	Director	$0	$0	$0
MARK DONALDSON	DIRECTOR	5.00	Director	$0	$0	$0
NEIL EDDINGTON	DIRECTOR	5.00	Director	$0	$0	$0
MIKE EDER	TREASURER	5.00	Officer Director	$0	$0	$0
TODD FISK	DIRECTOR	5.00	Director	$0	$0	$0
TIM HAMBLEN	DIRECTOR	5.00	Director	$0	$0	$0
RICHARD CRABTREE JR	FIRST VICE P	10.00	Officer Director	$0	$0	$0
ANDY LARSON	DIRECTOR	5.00	Director	$0	$0	$0
KAREN LATTA	SECRETARY	10.00	Officer Director	$0	$0	$0
MIKE LUMA	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT MARSHALL	DIRECTOR	5.00	Director	$0	$0	$0
MICHELE MEANLEY	SECOND VICE	10.00	Officer Director	$0	$0	$0
CAL MERRITT	DIRECTOR	5.00	Director	$0	$0	$0
MARTY MURPHY	DIRECTOR	5.00	Director	$0	$0	$0
BRENT STEELE	DIRECTOR	5.00	Director	$0	$0	$0
MARION TOWNSEND	DIRECTOR	5.00	Director	$0	$0	$0
MIKE YAZEL	PRESIDENT	10.00	Officer 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	$2,542,607	$1,840,203	$5,024,655	$702,404
2023	$2,342,476	$2,256,699	$3,549,161	$85,777
2022	$2,034,329	$1,605,791	$3,456,059	$428,538
2021	$1,611,305	$1,302,671	$3,274,556	$308,634
2020	$1,259,575	$1,066,222	$2,975,243	$193,353
2019	$1,749,807	$1,567,970	$2,739,194	$181,837
2018	$1,460,618	$1,605,821	$2,693,522	$-145,203

NATIONAL MUZZZLE LOADING RIFLE ASSOCIATION