NATIONAL MUZZZLE LOADING RIFLE ASS… - Form 990 Financial Data

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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

2025-01-01 to 2025-12-31

NATIONAL MUZZZLE LOADING RIFLE ASSOCIATION, founded in 1939, is a community nonprofit in the Recreation & Sports sector that reported $1.8M in total revenue in fiscal year 2025. Revenue fell 31% from the prior year — a significant decline worth monitoring.

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

Program Service Accomplishments

Program 1

Expenses: $940,064

SHOOTS AND MATCHES, RANGE EXPENSES, WINTER SHOOTS, TERRITORIAL MATCHES AND RENDEVOUS TO PROMOTE THE FAIR USE OF HISTORIC RIFLES THOROUGH COMPETITION AND OTHER EVENTS

Program 2

MUZZLE BLAST MAGAZINE TO STIMULATE INTEREST AND EDUACATE READERS CONCERNING THE HISTORY OF MUZZLE LOADING RIFLES.

Program 3

PROJECTS TO EDUCATE THE PUBLIC CONCERNING SAFE FIREARMS USE AND PROGRAMS CONCERNING THE HISTORICAL ACTIVITIES OF THE ASSOCIATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $789,694

Program Service Revenue $574,775

Investment Income $129,859

Other Revenue $267,089

TOTAL REVENUE $1,761,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $574,143

Fundraising Expenses $96,608

Program Expenses $1,364,118

Other Expenses $1,204,336

TOTAL EXPENSES $1,778,479

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,761,417	$2,542,607	-0.3%
Expenses	$1,778,479	$1,840,203	0.0%
Net Income	$-17,062	$702,404	-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

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
RICHARD CRABTREE	DIRECTOR	10.00	Officer 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
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
2025	$1,761,417	$1,778,479	$4,875,259	$-17,062
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