SHELBY COUNTY AGRICULTURAL & MECHANICAL ASSOCIATION INC (EIN 611181485) - 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

1860

Legal Domicile

Principal Officer

TOM INGRAM

Phone

5026470064

Tax Period

2023-01-01 to 2023-12-31

SHELBY COUNTY AGRICULTURAL & MECHANICAL ASSOCIATION INC, founded in 1860, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $649K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 20% operating margin.

Mission

AGRICULTURAL EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $174,779

Program Service Revenue $0

Investment Income $7,181

Other Revenue $467,045

TOTAL REVENUE $649,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $238,001

Other Expenses $516,490

TOTAL EXPENSES $516,490

Year-over-Year Comparison

	2023	2022	Change
Revenue	$649,005	$465,577	+0.4%
Expenses	$516,490	$412,231	+0.3%
Net Income	$132,515	$53,346	+1.5%

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

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
TOM INGRAM	PRESIDENT	10.00	Officer Director	$0	$0	$0
GARY WALLS	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
CAMIE TURNER	SECRETARY	10.00	Officer Director	$0	$0	$0
JOHN EARLY	TREASURER	10.00	Officer Director	$0	$0	$0
SUZIE RICE	DIRECTOR	1.00	Director	$0	$0	$0
COLBY EADES	DIRECTOR	1.00	Director	$0	$0	$0
FRANK JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
LARRY TUGGLE	DIRECTOR	1.00	Director	$0	$0	$0
CAROL HANCE	DIRECTOR	1.00	Director	$0	$0	$0
NICK EADES	DIRECTOR	1.00	Director	$0	$0	$0
DOUG BURKETT	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL PAYTON	DIRECTOR	1.00	Director	$0	$0	$0
MARVIN GRASMICK	DIRECTOR	1.00	Director	$0	$0	$0
FERENC VEGH	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY HANCE	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$649,005	$516,490	$1,381,477	$132,515
2022	$465,577	$412,231	$1,221,982	$53,346
2021	$454,618	$350,755	$1,168,036	$103,863
2020	$400,000	$383,687	$1,064,173	$16,313
2019	$424,672	$257,216	$1,047,860	$167,456
2018	$278,167	$217,609	$908,828	$60,558

SHELBY COUNTY AGRICULTURAL & MECHANICAL ASSOCIATION INC