IOWA MEAT PROCESSORS ASSOCIATION (EIN 426067026) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

MEGAN BAKER

Phone

5152003309

Tax Period

2022-03-01 to 2023-02-28

IOWA MEAT PROCESSORS ASSOCIATION, founded in 1938, is a micro nonprofit that reported $74K in total revenue in fiscal year 2022. Revenue decreased 9% compared to the prior year. Expenses of $131K exceeded revenue, resulting in a 77% operating deficit.

Mission

PROMOTION OF MEAT PROCESSING BY SMALLER LOCKER OPERATORS AND PROVIDE NECESSARY EDUCATION FOR MEETING EVER-CHANGING INDUSTRY REGULATIONS.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $14,555

Program Service Revenue $50,188

Investment Income $1,572

Other Revenue $7,750

TOTAL REVENUE $74,065

Expense Breakdown

Grants Paid $83,595

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $47,713

TOTAL EXPENSES $131,308

Year-over-Year Comparison

	2022	2021	Change
Revenue	$74,065	$81,510	-0.1%
Expenses	$131,308	$56,541	+1.3%
Net Income	$-57,243	$24,969	-3.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MANIE NEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
TY GUSTAFSON	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHELLY TIEFENTHALER	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JERRY ROORDA	IMMEDIATE PAST-PRESIDENT	1.00	Director	$0	$0	$0
SHAUNNA ZANKER	DISTRICT 1 DIRECTOR	1.00	Director	$0	$0	$0
CHRIS KRAFT	DISTRICT 2 DIRECTOR	1.00	Director	$0	$0	$0
NICK WILGENBUSCH	DISTRICT 3 DIRECTOR	1.00	Director	$0	$0	$0
JOSH WHITE	DISTRICT 4 DIRECTOR	1.00	Director	$0	$0	$0
LUCAS VAN WYK	DISTRICT 5 DIRECTOR	1.00	Director	$0	$0	$0
KAITLYN ANDERSON	DISTRICT 6 DIRECTOR	1.00	Director	$0	$0	$0
RHONDA ASHBY	SUPPLIER REPRESENTATIVE	1.00	Director	$0	$0	$0
MARK HAWKINS	SUPPLIER REPRESENTATIVE	1.00	Director	$0	$0	$0
TROY CROWE	CIRAS REPRESENTATIVE	1.00	Director	$0	$0	$0
DR TERRY HOUSER	ISU ADVISOR	1.00	Director	$0	$0	$0
MEGAN BAKER	EXECUTIVE DIRECTOR	15.00	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
2024	No data	No data	No data	No data
2023	$74,065	$131,308	$283,525	$-57,243
2022	$81,510	$56,541	$340,768	$24,969
2021	$25,604	$16,543	$315,799	$9,061

IOWA MEAT PROCESSORS ASSOCIATION