LOUISIANA COTTON AND GRAIN ASSOCIAT (EIN 720649619) - 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

1968

Legal Domicile

Principal Officer

BOBBY SKEEN

Phone

3183980960

Tax Period

2024-01-01 to 2024-12-31

LOUISIANA COTTON AND GRAIN ASSOCIAT, founded in 1968, is a micro nonprofit that reported $50K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $74K exceeded revenue, resulting in a 47% operating deficit.

Mission

TO PROVIDE INFORMATION ON THE COTTON AND GRAIN INDUSTRY AT VARIOUS CONVENTIONS FOR THE BENEFIT OF THE MEMBERS OF THE ORGANIZATION.

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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 $25,181

Investment Income $18,777

Other Revenue $6,346

TOTAL REVENUE $50,304

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,114

Fundraising Expenses $0

Program Expenses $48,496

Other Expenses $66,697

TOTAL EXPENSES $73,811

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,304	$89,963	-0.4%
Expenses	$73,811	$77,965	-0.1%
Net Income	$-23,507	$11,998	-3.0%

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

N/A

Independent Members

N/A

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
BOBBY SKEEN	EXECUTIVE VI	N/A	Officer	$0	$0	$0
DUSTIN MORRIS	PRESIDENT	N/A	Officer	$0	$0	$0
KYLE DILL	SECOND VICE	N/A	Officer	$0	$0	$0
LUKE SAYES	FIRST VICE P	N/A	Officer	$0	$0	$0
MEAD HARDWICK	THIRD VICE P	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
2024	$50,304	$73,811	$337,689	$-23,507
2023	$89,963	$77,965	$361,196	$11,998
2022	$133,240	$107,764	$349,198	$25,476
2021	$95,274	$66,523	$323,722	$28,751
2020	$96,438	$63,674	$295,000	$32,764
2019	$118,010	$79,560	$245,616	$38,450
2018	$103,422	$83,109	$207,209	$20,313

LOUISIANA COTTON AND GRAIN ASSOCIAT