HOOSIER PRIDE GENETICS INC (EIN 351539841) - 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

1982

Legal Domicile

Principal Officer

TERRY VIECK

Phone

8128864618

Tax Period

2023-07-01 to 2024-06-30

HOOSIER PRIDE GENETICS INC, founded in 1982, is a small nonprofit that reported $159K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $153K left a modest 4% surplus.

Mission

TO PUBLICIZE, PROMOTE AND DISTRIBUTE HIGH QUALITY FIELD CROP VARIETIES, WHICH HAVE BEEN DEVELOPED BY BOTH PUBLIC AND PRIVATE PLANT BREEDERS, FOR THE BENEFIT OF INDIANA SEEDSMAN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $158,679

Investment Income $0

Other Revenue $0

TOTAL REVENUE $158,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,400

Fundraising Expenses $0

Program Expenses $153,069

Other Expenses $149,669

TOTAL EXPENSES $153,069

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,679	$121,769	+0.3%
Expenses	$153,069	$116,541	+0.3%
Net Income	$5,610	$5,228	+0.1%

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

$3,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD SCHMIDT	DIRECTOR	4.00	Director	$0	$0	$0
ROLLA TRENT	DIRECTOR	4.00	Director	$0	$0	$0
DOUG ELIASON	DIRECTOR	4.00	Director	$0	$0	$0
DARWIN BREWER	DIRECTOR	4.00	Director	$0	$0	$0
TERRY VIECK	VICE PRESIDENT	4.00	Officer	$0	$0	$0
KATIE JOHNSON	SECRETARY/TREASURER	4.00	Officer	$3,400	$0	$3,400
LOGAN ECK	PRESIDENT	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	$158,679	$153,069	$15,739	$5,610
2023	$121,769	$116,541	$10,129	$5,228
2022	$103,203	$134,598	$4,901	$-31,395
2021	$80,519	$88,700	$36,296	$-8,181
2020	$114,829	$114,907	$44,477	$-78
2019	$123,697	$139,790	$44,707	$-16,093

HOOSIER PRIDE GENETICS INC