NATIONAL ASSOCIATION OF SHOW TRUCKS

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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

2000

Legal Domicile

Principal Officer

JEREMEY HASSEVOORT

Tax Period

2025-01-01 to 2025-12-31

NATIONAL ASSOCIATION OF SHOW TRUCKS, founded in 2000, is a micro nonprofit in the Recreation & Sports sector that reported $79K in total revenue in fiscal year 2025. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 19% operating margin.

Mission

TO FOSTER CAMARADERIE AMONG TRUCK DRIVERS AND THEIR FAMILIES, EDUCATE THE PUBLIC ABOUT THE TRUCKING INDUSTRY, AND PROMOTE A POSITIVE INDUSTRY IMAGE.

Program Service Accomplishments

Program 1

SHOW TRUCK EXPOSITIONS

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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 $32,300

Program Service Revenue $46,764

Investment Income $34

Other Revenue $0

TOTAL REVENUE $79,098

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $63,999

TOTAL EXPENSES $63,999

Year-over-Year Comparison

	2025	2024	Change
Revenue	$79,098	$123,249	-0.4%
Expenses	$63,999	$124,791	-0.5%
Net Income	$15,099	$-1,542	-10.8%

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
JEREMEY HASSEVOORT	VICE PRESIDE	1.00	Officer	$0	$0	$0
MATTHEW HITCHCOCK	TREASURER	1.00	Officer	$0	$0	$0
MATTHEW HITCHCOCK	PRESIDENT	1.00	Officer	$0	$0	$0
DAVE LAARMAN	SECRETARY	1.00	Officer	$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	$79,098	$63,999	$88,210	$15,099
2024	$123,249	$124,791	$73,111	$-1,542
2023	$121,049	$91,757	$79,654	$29,292
2022	$133,769	$157,537	$50,362	$-23,768
2021	$53,818	$29,731	$74,130	$24,087
2020	$8,484	$23,582	$50,043	$-15,098
2019	$65,895	$47,696	$65,141	$18,199
2018	$45,705	$46,182	$46,942	$-477