IOWA STATE ABERDEEN ANGUS ASSOCIATION (EIN 420733448) - 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

1922

Legal Domicile

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.

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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 $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

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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

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

$31,833

Total Directors

$31,833

Key Employees

Highest Compensated

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

IOWA STATE ABERDEEN ANGUS ASSOCIATION