ALABAMA PEANUT PRODUCERS ASSOCIATI… - Form 990 Financial Data

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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

1957

Legal Domicile

Principal Officer

LIBBIE JOHNSON

Phone

3347926482

Tax Period

2024-01-01 to 2024-12-31

ALABAMA PEANUT PRODUCERS ASSOCIATION INC, founded in 1957, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Net assets of $2.3M represent 25 months of operating reserves.

Mission

PROMOTION OF PEANUT INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $699,324 Revenue: $683,403

UNDER THE PROVISIONS OF ACT NO. 108 OF THE STATE OF ALABAMA, THE ALABAMA DEPARTMENT OF AGRICULTURE COLLECTS A PER TON FEE FOR PEANUTS RAISED IN ALABAMA. THE FEE IS REMITTED TO THE ALABAMA PEANUT...

UNDER THE PROVISIONS OF ACT NO. 108 OF THE STATE OF ALABAMA, THE ALABAMA DEPARTMENT OF AGRICULTURE COLLECTS A PER TON FEE FOR PEANUTS RAISED IN ALABAMA. THE FEE IS REMITTED TO THE ALABAMA PEANUT PRODUCERS ASSOCIATION, INC. AND IS USED FOR PROMOTION AND AGRICULTURE RESEARCH THROUGH AUBURN UNIVERSITY. PROMOTIONS INCLUDE EXPORT PROMOTIONS, NEWS PUBLICATIONS, RECIPE CONTEST, BROCHURES AND OTHER MISCELLANEOUS LOCAL AND STATE PROMOTIONS.

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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 $0

Program Service Revenue $683,403

Investment Income $57,069

Other Revenue $370,732

TOTAL REVENUE $1,111,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $163,192

Fundraising Expenses $0

Program Expenses $699,324

Other Expenses $1,014,601

TOTAL EXPENSES $1,177,793

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,111,204	$1,344,749	-0.2%
Expenses	$1,177,793	$1,280,997	-0.1%
Net Income	$-66,589	$63,752	-2.0%

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

$14,418

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARL SANDERS	PRESIDENT	1.00	Director	$8,443	$0	$8,443
JERRY BYRD	TREASURER	0.50	Director	$1,350	$0	$1,350
GEORGE JEFFCOAT	DIRECTOR	0.25	Director	$300	$0	$300
JIMMY HELMS	DIRECTOR	0.25	Director	$225	$0	$225
THOMAS ADAMS	AT LARGE - E	0.25	Director	$750	$0	$750
ED WHITE	DIRECTOR	0.25	Director	$225	$0	$225
ASHLEY KELLEY	DIRECTOR	0.25	Director	$225	$0	$225
FRED HELMS	DIRECTOR	0.25	Director	$300	$0	$300
TOM CORCORAN	DIRECTOR	0.25	Director	$225	$0	$225
JOEL SIRMON	DIRECTOR	0.25	Director	$300	$0	$300
MARK KAISER	VICE-PRESIDE	0.25	Director	$1,175	$0	$1,175
BILLY HIXON	DIRECTOR	0.25	Director	$300	$0	$300
JESSE SCOTT	DIRECTOR	0.25	Director	$0	$0	$0
JASON WEBER	DIRECTOR	0.25	Director	$300	$0	$300
DARRIN DRISKELL	DIRECTOR	0.25	Director	$300	$0	$300
LIBBIE JOHNSON	EXEC DIRECTO	40.00	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	$1,111,204	$1,177,793	$2,668,956	$-66,589
2023	$1,344,749	$1,280,997	$2,582,869	$63,752
2022	$1,366,220	$1,427,950	$2,446,935	$-61,730
2021	$1,355,099	$1,323,025	$2,492,751	$32,074
2020	$798,330	$845,399	$2,522,855	$-47,069
2019	$1,226,628	$987,109	$2,250,474	$239,519
2018	$832,187	$1,078,607	$1,987,766	$-246,420

ALABAMA PEANUT PRODUCERS ASSOCIATION INC