TRI STATE GAS ENGINE & TRACTOR ASSOCIATION

EIN: 351480451

PORTLAND, IN

Total Revenue
$154,574
Total Expenses
$135,236
Total Assets
$1,013,607
Net Assets
$944,041
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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
1982
Legal Domicile
IN
Principal Officer
SHIRLEY KARN
Phone
2607262031
Tax Period
2024-01-01 to 2024-12-31

TRI STATE GAS ENGINE & TRACTOR ASSOCIATION, founded in 1982, is a small nonprofit that reported $155K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $135K left a modest 13% surplus.

Mission

BRING TOGETHER DISPLAYERS AND PERSONS INTERESTED IN PRESERVATION OF GAS AND STEAM DRIVE ENGINES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,517
Program Service Revenue $0
Investment Income $15,307
Other Revenue $128,750
TOTAL REVENUE $154,574

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $25,526
Fundraising Expenses $0
Program Expenses $3,000
Other Expenses $106,710
TOTAL EXPENSES $135,236

Year-over-Year Comparison

2024 2023 Change
Revenue $154,574 $123,141 +0.3%
Expenses $135,236 $130,657 +0.0%
Net Income $19,338 $-7,516 -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

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Governance

Voting Members
21
Independent Members
21
Employees
1
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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CINDY RUDROW DIRECTOR 0.00
Director
$0 $0 $0
BILL JOHNSON DIRECTOR 0.00
Director
$0 $0 $0
REX BECKOM DIRECTOR 0.00
Director
$0 $0 $0
JASON HEIDEGGER DIRECTOR 0.00
Director
$0 $0 $0
ADAM VOGHT DIRECTOR 0.00
Director
$0 $0 $0
BRUCE WARREN DIRECTOR 0.00
Director
$0 $0 $0
RON WALTERS DIRECTOR 0.00
Director
$0 $0 $0
PHIL COWAN DIRECTOR 0.00
Director
$0 $0 $0
JOHN GIRAD III DIRECTOR 0.00
Director
$0 $0 $0
JEREMY KLINGEL DIRECTOR 0.00
Director
$0 $0 $0
HEATH STARR DIRECTOR 0.00
Director
$0 $0 $0
TOM ZIMMERMAN DIRECTOR 0.00
Director
$0 $0 $0
JOE PATCH DIRECTOR 0.00
Director
$0 $0 $0
MIKE KITTEL DIRECTOR 0.00
Director
$0 $0 $0
DONNA BICKEL DIRECTOR 0.00
Director
$0 $0 $0
TERRI HIMELICK DIRECTOR 0.00
Director
$0 $0 $0
PHIL HIMELICK DIRECTOR 0.00
Director
$0 $0 $0
CHRIS ENGLEHARDT PRESIDENT 0.00
Officer
$0 $0 $0
RICH THEURER VICE PRESIDENT 0.00
Officer
$0 $0 $0
SHIRLEY KARN TREASURER 0.00
Officer
$0 $0 $0
GINGER ENGLEHARDT SECRETARY 0.00
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
2025 No data No data No data No data
2024 $154,574 $135,236 $1,013,607 $19,338
2023 $123,141 $130,657 $1,014,117 $-7,516
2022 $149,182 $122,923 $933,248 $26,259
2021 $154,739 $114,133 $907,153 $40,606
2020 $53,946 $110,043 $866,517 $-56,097
2019 $106,104 $128,519 $922,215 $-22,415
2018 $96,926 $127,190 $944,483 $-30,264
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