THE HUNTSVILLE AND MADISON COUNTY RAILROAD AUTHORITY (EIN 630897687) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

MARK LUMB

Phone

2565390601

Tax Period

2023-10-01 to 2024-09-30

HUNTSVILLE AND MADISON COUNTY RAILROAD AUTHORITY, founded in 1984, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2019. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 13% surplus.

Mission

TO OPERATE AS DIRECTED IN THE CODE OF ALABAMA SECTION 37-13-1 AS A COMMON CARRIER RAILROAD TO PROVIDE RAIL SERVICE IN ALABAMA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $200,000

Program Service Revenue $2,452,372

Investment Income $27,790

Other Revenue $16,500

TOTAL REVENUE $2,696,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $545,192

Fundraising Expenses $0

Program Expenses $1,328,268

Other Expenses $1,018,926

TOTAL EXPENSES $1,564,118

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,696,662	$2,409,503	+0.1%
Expenses	$1,564,118	$1,421,462	+0.1%
Net Income	$1,132,544	$988,041	+0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK LUMB	CHAIRMAN	4.00	Officer Director	$0	$0	$0
JERRY CARGILE	VICE CHAIRMA	4.00	Officer Director	$0	$0	$0
DANE BLOCK	TREASURER	2.00	Officer Director	$0	$0	$0
JAMES BROWN	SECRETARY	2.00	Officer Director	$0	$0	$0
KATIE BEASLEY	DIRECTOR	2.00	Director	$0	$0	$0
JERRY MCCARLEY	DIRECTOR	2.00	Director	$0	$0	$0
JARAY WILSON	DIRECTOR	2.00	Director	$0	$0	$0
JOHN PEEK	GENERAL MANA	40.00	Highest	$103,832	$13,602	$117,434
PAM SUMMERS	ASSISTNT GEN	40.00	Highest	$100,171	$13,122	$113,293

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	$2,696,662	$1,564,118	$7,237,907	$1,132,544
2023	$2,409,503	$1,421,462	$6,165,377	$988,041
2022	$1,368,568	$1,191,565	$5,096,395	$177,003
2021	$1,292,630	$1,160,865	$4,903,155	$131,765
2020	$1,257,934	$1,094,721	$4,802,076	$163,213

THE HUNTSVILLE AND MADISON COUNTY RAILROAD AUTHORITY