DESTIN FISHING RODEO INC

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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

1982

Legal Domicile

Principal Officer

HELEN K DONALDSON

Phone

8508376734

Tax Period

2025-01-01 to 2025-12-31

DESTIN FISHING RODEO INC, founded in 1982, is a small nonprofit that reported $279K in total revenue in fiscal year 2025. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $269K left a modest 4% surplus.

Mission

ATTRACT TOURISM TO THE DESTIN, FLORIDA AREA

Program Service Accomplishments

Program 1

Revenue: $205,652

FISHING RODEO OPEN TO THE PUBLIC

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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 $62,023

Program Service Revenue $205,652

Investment Income $0

Other Revenue $11,208

TOTAL REVENUE $278,883

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,722

Fundraising Expenses $0

Program Expenses $177,686

Other Expenses $226,296

TOTAL EXPENSES $269,018

Year-over-Year Comparison

	2025	2024	Change
Revenue	$278,883	$200,801	+0.4%
Expenses	$269,018	$226,650	+0.2%
Net Income	$9,865	$-25,849	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BRASHEARS	DIRECTOR	N/A	Director	$0	$0	$0
TIM BOOM	BOARD MEMBER	N/A	Director	$0	$0	$0
TINA HARBUCK	PAST CHAIRMA	N/A	Director	$0	$0	$0
TREY WINDES	DIRECTOR	N/A	Director	$0	$0	$0
JAKE BRASHEARS	CHAIRMAN	N/A	Director	$0	$0	$0
CHRIS SCHOFIELD	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIC THRASHER	VICE CHAIRMA	N/A	Director	$0	$0	$0
JIM GREEN	BOARD MEMBER	N/A	Director	$0	$0	$0
ANN WHITE	SOCIAL LIAIS	N/A	Director	$0	$0	$0
ALLEN STAPLES	BOARD MEMBER	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
2025	$278,883	$269,018	$55,151	$9,865
2024	$200,801	$226,650	$45,787	$-25,849
2023	$234,697	$256,929	$71,557	$-22,232
2022	$114,419	$143,088	$94,622	$-28,669
2021	$170,893	$150,646	$122,437	$20,247
2020	$247,025	$228,750	$103,457	$18,275
2019	$229,022	$209,697	$85,533	$19,325
2018	$279,089	$264,006	$65,150	$15,083