KENTUCKY CORN GROWERS ASSOCIATION INC (EIN 611158841) - 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

1982

Legal Domicile

Phone

8003260906

Tax Period

2024-09-01 to 2025-08-31

KENTUCKY CORN GROWERS ASSOCIATION INC, founded in 1982, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $625K, a strong 21% operating margin.

Mission

TO REPRESENT CORN FARMERS AND TO INCREASE THE PROFITABILITY OF CORN PRODUCERS IN THE STATE OF KENTUCKY.

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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 $26,900

Program Service Revenue $2,486,643

Investment Income $429,250

Other Revenue $2,305

TOTAL REVENUE $2,945,098

Expense Breakdown

Grants Paid $1,404,235

Salaries & Benefits $383,352

Fundraising Expenses $0

Other Expenses $532,155

TOTAL EXPENSES $2,319,742

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,945,098	$3,248,340	-0.1%
Expenses	$2,319,742	$2,480,220	-0.1%
Net Income	$625,356	$768,120	-0.2%

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

$182,928

Total Directors

$182,928

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	EXECUTIVE DI	40.00	Officer Director	$174,473	$8,455	$182,928
STEVEN BACH	DIRECTOR	N/A	Director	$0	$0	$0
MIKE CHALFANT	DIRECTOR	N/A	Director	$0	$0	$0
RONAN CUMMINS	DIRECTOR	N/A	Director	$0	$0	$0
JOHN DANESI	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT EBELHAR	SECRETARY	N/A	Officer Director	$0	$0	$0
JONATHAN GASKINS	DIRECTOR	N/A	Director	$0	$0	$0
REDMOND GREENWELL	DIRECTOR	N/A	Director	$0	$0	$0
CLINT HARDY	DIRECTOR	N/A	Director	$0	$0	$0
ALAN HUBBLE	DIRECTOR	N/A	Director	$0	$0	$0
BRANDON HUNT	TREASURER	N/A	Officer Director	$0	$0	$0
JOSH LANCASTER	PRESIDENT	N/A	Officer Director	$0	$0	$0
MICAH LESTER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JOHN MAHAN	DIRECTOR	N/A	Director	$0	$0	$0
PHILLIP MCCOUN	APPOINTED ME	N/A	Director	$0	$0	$0
BOB MCINDOO	DIRECTOR	N/A	Director	$0	$0	$0
VICTOR REXROAT	APPOINTED ME	N/A	Director	$0	$0	$0
BRANDON ROBEY	DIRECTOR	N/A	Director	$0	$0	$0
TYSON SANDERFUR	DIRECTOR	N/A	Director	$0	$0	$0
JOSEPH SISK	FINANCIAL AG	N/A	Director	$0	$0	$0
STEVE WEATHERFORD	DIRECTOR	N/A	Director	$0	$0	$0
LEE WELTY	DIRECTOR	N/A	Director	$0	$0	$0
BRANDON WILSON	DIRECTOR	N/A	Director	$0	$0	$0
TERRY WIMP	DIRECTOR	N/A	Director	$0	$0	$0
RAY ALLEN MACKEY	CHAIRMAN	N/A	Officer	$0	$0	$0
RUSSEL SCHWENKE	VICE CHAIRMA	N/A	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	$2,945,098	$2,319,742	$13,292,590	$625,356
2024	$3,248,340	$2,480,220	$12,656,616	$768,120
2023	$3,400,508	$2,104,189	$11,888,496	$1,296,319
2022	$3,755,391	$1,929,378	$10,650,965	$1,826,013
2022	$3,641,603	$1,874,378	$10,592,177	$1,767,225
2021	$2,723,378	$1,686,103	$8,828,452	$1,037,275
2020	$2,266,856	$1,751,981	$7,787,677	$514,875
2018	$1,879,530	$1,647,097	$7,034,859	$232,433

KENTUCKY CORN GROWERS ASSOCIATION INC