SOUTHERN WHOLESALERS ASSOCIATION INC (EIN 580440200) - 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

1928

Legal Domicile

Principal Officer

TERRY L SHAFER

Phone

6153715004

Tax Period

2024-01-01 to 2024-12-31

SOUTHERN WHOLESALERS ASSOCIATION INC, founded in 1928, is a small nonprofit that reported $983K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $877K left a modest 11% surplus.

Mission

TO PROMOTE THE INTERESTS OF PLUMBING, HVAC AND SIMILAR PRODUCT WHOLESALERS, ENCOURAGE SOUND LABOR RELATIONS, AND EDUCATE ITS MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $224,718

Program Service Revenue $739,845

Investment Income $10,470

Other Revenue $7,977

TOTAL REVENUE $983,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $698,907

Other Expenses $877,421

TOTAL EXPENSES $877,421

Year-over-Year Comparison

	2024	2023	Change
Revenue	$983,010	$900,209	+0.1%
Expenses	$877,421	$750,418	+0.2%
Net Income	$105,589	$149,791	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY L SHAFER	EXECUTIVE VP	20.00	Officer	$0	$0	$0
CHAT HOWARD	CHAIRMAN	3.00	Officer Director	$0	$0	$0
FIELDING ALDERMAN	FIRST VP/TRE	2.00	Officer Director	$0	$0	$0
PAM BURLESON	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN WACHTEL	DIRECTOR	1.00	Director	$0	$0	$0
DREW ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
JASON CARPENTER	DIRECTOR	1.00	Director	$0	$0	$0
LEE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
DAN DONNELLY	DIRECTOR	1.00	Director	$0	$0	$0
WILSON TEACHEY	SECOND VP	2.00	Officer Director	$0	$0	$0
JAKE HESTER	DIRECTOR	1.00	Director	$0	$0	$0
RICH WILSON	DIRECTOR	1.00	Director	$0	$0	$0
KENNY GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
ROB MCCULLOUGH	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTY MALONEY	SECOND VP	1.00	Officer Director	$0	$0	$0
JAKE LARKIN	DIRECTOR	1.00	Director	$0	$0	$0
BRAD SHANKS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF WOOL	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON MERCIL	DIRECTOR	1.00	Director	$0	$0	$0
JEFF WILSON	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW ANGLIN	CHAIRMAN	1.00	Officer 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	$983,010	$877,421	$1,354,171	$105,589
2023	$900,209	$750,418	$1,080,909	$149,791
2022	$765,901	$747,255	$1,030,283	$18,646
2021	$651,055	$558,113	$896,481	$92,942
2020	$318,412	$313,732	$853,439	$4,680
2019	$670,615	$622,213	$781,541	$48,402
2018	$606,608	$612,643	$841,532	$-6,035

SOUTHERN WHOLESALERS ASSOCIATION INC