North American Millers Association

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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

Jane DeMarchi

Phone

2024842200

Tax Period

2024-10-01 to 2025-09-30

North American Millers Association, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $1.9M left a modest 7% surplus.

Mission

NAMA represents millers of wheat, corn, oats, and rye in the U.S. and Canada. Utilizing the technical expertise of our members and staff, we represent the milling industry before the White House, federal agencies, Congress, and international regulatory bodies.

Program Service Accomplishments

Program 1

Meetings for members for discussions of issues relating to the Association and the wheat, corn, oat, and protein grain milling products.

Program 2

Supply Chain Committee - The Association addresses issues related to the efficiency of the grain supply chain.

Program 3

Technical Committee Association undertakes projects to monitor food safety, nutrition, and other technical issues affecting wheat, corn, rye, oat, and other dry grain milling.

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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 $1,680,845

Program Service Revenue $316,940

Investment Income $48,525

Other Revenue $0

TOTAL REVENUE $2,046,310

Expense Breakdown

Grants Paid $0

Salaries & Benefits $904,566

Fundraising Expenses $0

Other Expenses $1,002,843

TOTAL EXPENSES $1,907,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,046,310	$2,276,403	-0.1%
Expenses	$1,907,409	$2,199,498	-0.1%
Net Income	$138,901	$76,905	+0.8%

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

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

$399,431

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jane DeMarchi	President	40.00	Officer	$349,923	$49,508	$399,431
Molly Miller	VP Regulatory & Tech Affairs	40.00	Highest	$195,918	$28,616	$224,534
Kim Cooper	VP Government Affairs	40.00	Highest	$130,500	$18,881	$149,381
D Ford Mennel	Director-at-Large	0.50	Director	$0	$0	$0
Brad Allen	Director-at-Large	0.50	Director	$0	$0	$0
Robert Harper	Director-at-Large	0.50	Director	$0	$0	$0
Ben Huang	Director-at-Large	0.50	Director	$0	$0	$0
Trey Sebus	Director-at-Large	0.50	Director	$0	$0	$0
Howdy Holmes	Director-at-Large	0.50	Director	$0	$0	$0
Scott Beumer	Director-at-Large	0.50	Director	$0	$0	$0
Craig Hagood	Director-at-Large	0.50	Director	$0	$0	$0
Emily Likens	Director-at-Large	0.50	Director	$0	$0	$0
Jessica Exley	Executive Committee	0.50	Director	$0	$0	$0
Kim King	Director-at-Large	0.50	Director	$0	$0	$0
Kevin Kelly	Director-at-Large	0.50	Director	$0	$0	$0
Jeff Hole	Director-at-Large	0.50	Director	$0	$0	$0
Vance Taylor	Director-at-Large	0.50	Director	$0	$0	$0
Joe Ford	Director-at-Large	0.50	Director	$0	$0	$0
Alan Koechner	Director-at-Large	0.50	Director	$0	$0	$0
Terry Tyson	Executive Committee	0.50	Director	$0	$0	$0
Henry Siemer	Director-at-Large	0.50	Director	$0	$0	$0
Mike Fassezke	Executive Committee	0.50	Director	$0	$0	$0
Steve Adams	Director-at-Large	0.50	Director	$0	$0	$0
Keith Adams	Director-at-Large	0.50	Director	$0	$0	$0
Riley Didion	Director-at-Large	0.50	Director	$0	$0	$0
Adam Thomas	Director-at-Large	0.50	Director	$0	$0	$0
Gregg Christensen	Executive Committee	0.50	Director	$0	$0	$0
Sheryl Wallace	Executive Committee	0.50	Director	$0	$0	$0
Brent Bash	Executive Committee	0.50	Director	$0	$0	$0
Nick Weigel	Executive Committee	0.50	Director	$0	$0	$0
Brian Conrad	Director-at-Large	0.50	Director	$0	$0	$0
James Meyer	Director-at-Large	0.50	Director	$0	$0	$0
Kevin Like	Director-at-Large	0.50	Director	$0	$0	$0
Luis Jorge Garcia	Director-at-Large	0.50	Director	$0	$0	$0
Ron Marshall	Director-at-Large	0.50	Director	$0	$0	$0
Sherry Hibshman	Director-at-Large	0.50	Director	$0	$0	$0
Nora Siebert	Director-at-Large	0.50	Director	$0	$0	$0
Tedd Kruse	Chairman	0.50	Officer Director	$0	$0	$0
Brian Doyle	Past Chair	0.50	Officer Director	$0	$0	$0
Christopher Giguere	Vice Chair	0.50	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	$2,046,310	$1,907,409	$2,146,152	$138,901
2024	$2,276,403	$2,199,498	$1,931,405	$76,905
2023	$2,074,591	$1,906,945	$2,030,869	$167,646
2022	$2,043,254	$1,792,573	$1,567,348	$250,681
2021	$1,670,743	$1,412,669	$1,285,068	$258,074
2020	$1,629,156	$1,641,282	$1,147,129	$-12,126
2019	$1,673,795	$1,740,680	$1,099,140	$-66,885
2018	$1,681,599	$1,871,699	$1,153,578	$-190,100