AMERICAN ASSOCIATION OF PROFESSIONAL FARRIERS INC (EIN 452860254) - 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

2011

Legal Domicile

Principal Officer

ADAM WYNBRANDT

Phone

8595331465

Tax Period

2019-01-01 to 2019-12-31

AMERICAN ASSOCIATION OF PROFESSIONAL FARRIERS INC, founded in 2011, is a small nonprofit that reported $239K in total revenue in fiscal year 2019.

Mission

TO PROMOTE THE INTEGRITY OF THE FARRIER INDUSTRY BY STRENGTHENING THE KNOWLEDGE AND SKILLS OF ITS MEMBERS THROUGH CONTINUING EDUCATION AT THE STATE AND NATIONAL LEVELS, WHILE WORKING TO IMPROVE OVERALL EQUINE HEALTH THROUGH COLLABORATION WITH OTHER INDUSTRY PROFESSIONALS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $12,704

Program Service Revenue $210,260

Investment Income $47

Other Revenue $16,354

TOTAL REVENUE $239,365

Expense Breakdown

Grants Paid $4,321

Salaries & Benefits $62,193

Fundraising Expenses $0

Other Expenses $194,787

TOTAL EXPENSES $261,301

Year-over-Year Comparison

	2019	2018	Change
Revenue	$239,365	$234,668	+0.0%
Expenses	$261,301	$230,387	+0.1%
Net Income	$-21,936	$4,281	-6.1%

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

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

$58,225

Total Directors

$58,225

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYAN J QUINSEY	EXEC. DIR./S	40.00	Officer Director	$49,000	$9,225	$58,225
ADAM WYNBRANDT	CHAIRMAN	N/A	Officer Director	$0	$0	$0
CATHY A LESPERANCE	PRESIDENT	N/A	Officer Director	$0	$0	$0
JAMES GILCHRIST	TREASURER	N/A	Officer Director	$0	$0	$0
FRANK K REILLY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DONNIE J KARR	DIRECTOR	N/A	Director	$0	$0	$0
MICHELE H MACRAE	DIRECTOR	N/A	Director	$0	$0	$0
LESTER J YODER	DIRECTOR	N/A	Director	$0	$0	$0
CALEB C BERGELEEN	DIRECTOR	N/A	Director	$0	$0	$0
TODD F SANTORO	DIRECTOR	N/A	Director	$0	$0	$0
GABRIEL A GRIFFIN	DIRECTOR	N/A	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
2019	$239,365	$261,301	$165,817	$-21,936
2018	$234,668	$230,387	$187,569	$4,281

AMERICAN ASSOCIATION OF PROFESSIONAL FARRIERS INC