IOWA STATE ABERDEEN ANGUS ASSOCIATION

EIN: 420733448

BOONE, IA

Total Revenue
$416,147
Total Expenses
$410,328
Total Assets
$168,796
Net Assets
$168,607
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
IA
Principal Officer
ZACH BRITTON
Phone
5152305745
Tax Period
2023-01-01 to 2023-12-31

IOWA STATE ABERDEEN ANGUS ASSOCIATION, founded in 1922, is a small nonprofit that reported $416K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

PROMOTE AND IMPROVE THROUGH EDUCATION THE ABERDEEN ANGUS BREED OF CATTLE.

Program Service Accomplishments

Program 1
Expenses: $223,406 Revenue: $220,184

BEEF EXPOSITION - EACH FEBRUARY, IOWA ANGUS HOLDS A BEEF EXPOSITION FOR MEMBERS OF THE ASSOCIATION TO BRING THEIR CATTLE TO SHOW AND SELL TO BEEF BUYERS.

Program 2
Expenses: $117,455 Revenue: $115,163

BULL TESTING - EACH APRIL, THE ASSOCIATION HOLDS A SALE TO EVALUATE MEMBER'S BULLS FOR PERFORMANCE AND GENETICS.

Program 3
Expenses: $34,651 Revenue: $46,800

GENERAL PROMOTION & MAGAZINE - PROMOTION OF THE ANGUS BREED AT EVENTS AND FAIRS THROUGHOUT THE YEAR. A DIRECTORY IS PRINTED EACH YEAR WITH MEMBERS NAMES AND CONTACT INFORMATION WHICH IS DISTRIBUTED...

Read more

GENERAL PROMOTION & MAGAZINE - PROMOTION OF THE ANGUS BREED AT EVENTS AND FAIRS THROUGHOUT THE YEAR. A DIRECTORY IS PRINTED EACH YEAR WITH MEMBERS NAMES AND CONTACT INFORMATION WHICH IS DISTRIBUTED TO MEMBERS AND BEEF BUYERS. APPROXIMATELY 3,000 DIRECTORIES ARE PUBLISHED. A MAGAZINE IS PRINTED SIX TIMES A YEAR WITH INFORMATION ON THE ANGUS BREED OF CATTLE AND MEMBER INFORMATION ABOUT THE ASSOCIATION SUCH AS MINUTES OF THE LAST MEETING AND UPCOMING ASSOCIATION EVENTS. THESE ARE DISTRIBUTED TO MEMBERS AND BUYERS WITH APPROXIMATELY 1,500 COPIES PRINTED EACH TIME. SCHOLARSHIPS AND AWARDS ARE GIVEN TO JUNIOR MEMBERS DURING SHOWS AND SALES EACH YEAR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,383
Program Service Revenue $399,326
Investment Income $2,427
Other Revenue $-1,989
TOTAL REVENUE $416,147

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,678
Fundraising Expenses $0
Program Expenses $381,952
Other Expenses $377,650
TOTAL EXPENSES $410,328

Year-over-Year Comparison

2023 2022 Change
Revenue $416,147 $496,828 -0.2%
Expenses $410,328 $474,426 -0.1%
Net Income $5,819 $22,402 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
32

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
5
$31,833
Total Directors
21
$31,833
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN BRITTON Secretary 10.00
Officer Director
$31,833 $0 $31,833
BUBBA CHAPMAN President 1.00
Officer Director
$0 $0 $0
JOHN PRASIL Vice President 1.00
Officer Director
$0 $0 $0
ED WIEDERSTEIN PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
KENT MUSFELDT Director 1.00
Director
$0 $0 $0
DREW SCHROEDER Director 1.00
Director
$0 $0 $0
JOE DRISCOLL Director 1.00
Director
$0 $0 $0
DARIAN DAVID Director 1.00
Director
$0 $0 $0
SHELLI MARDESEN Director 1.00
Director
$0 $0 $0
WES RUBY Director 1.00
Director
$0 $0 $0
DAN WHITE Director 1.00
Director
$0 $0 $0
CHRIS WOOD Director 1.00
Director
$0 $0 $0
TYLER ORMAN Director 1.00
Director
$0 $0 $0
TERRY SWENSON Director 1.00
Director
$0 $0 $0
BRUCE BROCKWAY Director 1.00
Director
$0 $0 $0
CHERYL BARKER Director 1.00
Director
$0 $0 $0
KEITH MOSER Director 1.00
Director
$0 $0 $0
CRAIG MOFFITT Director 1.00
Director
$0 $0 $0
KIRK BRANDT Director 1.00
Director
$0 $0 $0
ZACH BRITTON Treasurer 10.00
Officer Director
$0 $0 $0
ADAM CONOVER Director 1.00
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 No data No data No data No data
2023 $416,147 $410,328 $168,796 $5,819
2022 $496,828 $474,426 $162,788 $22,402
2021 $435,692 $439,492 $140,586 $-3,800
2020 $433,874 $439,970 $144,386 $-6,096
2019 $445,864 $446,556 $150,482 $-692
2018 $518,834 $528,087 $151,174 $-9,253
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare IOWA STATE ABERDEEN ANGUS ASSOCIATION with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.