MT PLEASANT, IA
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)OLD THRESHERS FOUNDATION INC, founded in 1986, is a small nonprofit that reported $144K in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $238K exceeded revenue, resulting in a 65% operating deficit.
THE PURPOSE OF THE CORPORATION IS AS FOLLOWS: TO OPERATE FOR CHARITABLE AND EDUCATIONAL PURPOSES BY RAISING FUNDS FOR AND DISTRIBUTING THE INCOME FROM THOSE FUNDS FOR CAPITAL PROJECTS, IMPROVEMENTS, AND EMERGENCY FUNDING OF THE MIDWEST OLD SETTLERS AND THRESHERS ASSOCIATION, INC.
THE FOUNDATION SUPPORTS EVENTS LIKE FESTIVAL OF LIGHTS AND THE IOWA STATE FAIR TOURISM BOOTH TO ATTRACT PEOPLE TO THE MIDWEST OLD SETTLERS & THRESHERS GROUNDS. FOUNDATION BOARD MEMBERS PARTICIPATE IN...
THE FOUNDATION SUPPORTS EVENTS LIKE FESTIVAL OF LIGHTS AND THE IOWA STATE FAIR TOURISM BOOTH TO ATTRACT PEOPLE TO THE MIDWEST OLD SETTLERS & THRESHERS GROUNDS. FOUNDATION BOARD MEMBERS PARTICIPATE IN FIELD TRIP TOURS FOR NEARLY 1,000 UPPER ELEMENTARY SCHOOL AGE CHILDREN WHO VISIT MIDWEST OLD THRESHERS EACH SPRING. THE STUDENTS ARE GIVEN A GIFT BAG PROVIDED BY A FOUNDATION BOARD MEMBER AND INFORMATION FOR THE UPCOMING REUNION TO ENCOURAGE THE CHILDREN TO RETURN WITH THEIR FAMILIES DURING THE ANNUAL REUNION.
THE FOUNDATION HAS SPEARHEADED FUNDRAISING EFFORTS ON BEHALF OF MIDWEST OLD THRESHERS TO CONTINUE TO DEVELOP RELATIONSHIPS WITH DONORS AND GROW THE ENDOWMENT, THE EARNINGS OF WHICH, ARE GRANTED TO...
THE FOUNDATION HAS SPEARHEADED FUNDRAISING EFFORTS ON BEHALF OF MIDWEST OLD THRESHERS TO CONTINUE TO DEVELOP RELATIONSHIPS WITH DONORS AND GROW THE ENDOWMENT, THE EARNINGS OF WHICH, ARE GRANTED TO MIDWEST OLD THRESHERS ANNUALLY.
DURING THE PAST EIGHT ANNUAL REUNIONS, THE FOUNDATION HAS RECOGNIZED A TOP FINANCIAL SUPPORTER AND VOLUNTEER OF MIDWEST OLD THRESHERS BY AWARDING THE "GOLDEN WHEAT AWARD" TO THAT RECIPIENT...
DURING THE PAST EIGHT ANNUAL REUNIONS, THE FOUNDATION HAS RECOGNIZED A TOP FINANCIAL SUPPORTER AND VOLUNTEER OF MIDWEST OLD THRESHERS BY AWARDING THE "GOLDEN WHEAT AWARD" TO THAT RECIPIENT. FOUNDATION BOARD MEMBERS VOLUNTEER TO ASSIST MIDWEST OLD THRESHERS THROUGHOUT THE YEAR AT VARIOUS EVENTS SPONSORED BY MOSTA SUCH AS SCHOOL TOURS, STEAM ENGINE SCHOOL, TROLLEY SCHOOL, 4TH OF JULY ACTIVITIES, ANNUAL REUNION, HAUNTED RAILS AND HAUNTED HOUSE, AND FESTIVAL OF LIGHTS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $144,119 | $254,695 | -0.4% |
| Expenses | $237,607 | $252,248 | -0.1% |
| Net Income | $-93,488 | $2,447 | -39.2% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DIANE DAVIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOYCE DENNISON - RETIRED 1192024 | PRIOR DIRECT | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN ELGAR | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN GARRELS - RETIRED 1192024 | PRIOR DIRECT | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON GOODY | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE HEATON - RESIGNED 052025 | PRIOR DIRECT | 1.00 |
Director
|
$0 | $0 | $0 |
| MELINDA HUISINGA | SECRETARY | 10.00 |
Officer
Director
|
$12,000 | $0 | $12,000 |
| JAN JOHNSTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TODD MABEUS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| COLIN MCCORMICK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PHIL MCMEINS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICH SEBERG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BARRY TULLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY WETTACH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RACHEL LINDEEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSIE THOMAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $144,119 | $237,607 | $4,693,977 | $-93,488 |
| 2024 | $254,695 | $252,248 | $4,158,274 | $2,447 |
| 2023 | $207,351 | $229,387 | $3,525,019 | $-22,036 |
| 2022 | $383,360 | $278,175 | $3,496,162 | $105,185 |
| 2021 | $1,940,975 | $565,690 | $4,022,195 | $1,375,285 |
| 2020 | $309,633 | $267,670 | $2,634,737 | $41,963 |
| 2019 | $220,416 | $225,071 | $2,671,957 | $-4,655 |
| 2018 | $485,734 | $193,498 | $2,319,623 | $292,236 |
Compare OLD THRESHERS FOUNDATION INC with other nonprofits in Iowa and across the country.