Tobacco Associates Inc (EIN 560498664) - 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

1947

Legal Domicile

Principal Officer

KIMBERLY FOLEY

Phone

9198217670

Tax Period

2025-01-01 to 2025-12-31

Tobacco Associates Inc, founded in 1947, is a small nonprofit that reported $585K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $113K, a strong 19% operating margin.

Mission

TOBACCO ASSOCIATES PROMOTES U.S. GROWN LEAF TOBACCO BY PROVIDING TRAINING, EDUCATION, AND INFORMATION ABOUT U.S. GROWN LEAF TOBACCO TO TOBACCO LEAF CUSTOMERS AROUND THE WORLD.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $561,932

Investment Income $22,762

Other Revenue $0

TOTAL REVENUE $584,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $247,561

Fundraising Expenses $0

Program Expenses $361,325

Other Expenses $224,073

TOTAL EXPENSES $471,634

Year-over-Year Comparison

	2025	2024	Change
Revenue	$584,694	$522,644	+0.1%
Expenses	$471,634	$552,908	-0.1%
Net Income	$113,060	$-30,264	-4.7%

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

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

$231,039

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEREK DAY	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAVID J HINNANT	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JAY JENNINGS	TREASURER	1.00	Officer Director	$0	$0	$0
MARK WELLONS	NC FARM BUREAU BOARD MEMBER	1.00	Director	$0	$0	$0
JACKIE THOMPSON	NC FARM BUREAU BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF TYSON	NC FARM BUREAU BOARD MEMBER	1.00	Director	$0	$0	$0
JIMMY CREWS	TOBACCO GROWERS ASSOCIATION	1.00	Director	$0	$0	$0
BILLY CARTER	TOBACCO GROWERS ASSOCIATION	1.00	Director	$0	$0	$0
TIM YARBROUGH	TOBACCO GROWERS ASSOCIATION	1.00	Director	$0	$0	$0
WAYLON BAREFOOT	NC STATE GRANGE	1.00	Director	$0	$0	$0
GLENN PREDDY	NC STATE GRANGE	1.00	Director	$0	$0	$0
ROBERT MILLS	VIRGINIA FARM ORGANIZATIONS	1.00	Director	$0	$0	$0
TRENTON TYLER	SC FARM ORGANIZATIONS	1.00	Director	$0	$0	$0
BEN TEAL	SC FARM ORGANIZATIONS	1.00	Director	$0	$0	$0
CHANCE CALLAWAY	GEORGIA FARM ORGANIZATIONS	1.00	Director	$0	$0	$0
KIMBERLY FOLEY	EXECUTIVE DIRECTOR	40.00	Officer	$78,333	$0	$78,333
VERONICA MARTINS	SECRETARY/BOOKKEEPER	40.00	Officer	$77,500	$13,537	$91,037
HENRY C MOZINGO	PRESIDENT	40.00	Officer	$52,500	$9,169	$61,669

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
2025	$584,694	$471,634	$1,099,694	$113,060
2024	$522,644	$552,908	$994,820	$-30,264
2023	$614,120	$517,915	$1,036,459	$96,205
2022	$558,960	$507,742	$895,516	$51,218
2021	$542,847	$432,398	$835,111	$110,449
2020	$408,054	$546,604	$720,646	$-138,550
2019	$522,563	$634,292	$860,789	$-111,729
2018	$595,096	$831,024	$989,717	$-235,928

Tobacco Associates Inc