LULING WATERMELON THUMP ASSOCIATION (EIN 741934061) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

JAMES MONTGOMERY

Phone

8308753214

Tax Period

2024-01-01 to 2024-12-31

LULING WATERMELON THUMP ASSOCIATION, founded in 1954, is a small nonprofit that reported $403K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

ANNUAL FESTIVAL TO PROMOTE THE CITY OF LULING, TEXAS AND THE AREA'S WATERMELON FARMING IN ADDITION TO SERVING AS A MEANS FOR LOCAL NON-PROFIT ORGANIZATIONS TO GENERATE ADDITIONAL REVENUE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $55,487

Program Service Revenue $316,589

Investment Income $2,588

Other Revenue $27,935

TOTAL REVENUE $402,599

Expense Breakdown

Grants Paid $7,000

Salaries & Benefits $46,243

Fundraising Expenses $0

Program Expenses $397,069

Other Expenses $367,910

TOTAL EXPENSES $421,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$402,599	$621,072	-0.4%
Expenses	$421,153	$414,545	+0.0%
Net Income	$-18,554	$206,527	-1.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$18,000

Total Directors

$18,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANN MAYBERRY	Executive Dir.	35.00	Officer Director	$18,000	$0	$18,000
RAVANA CURRY	Director	3.00	Director	$0	$0	$0
KRISTEN CAPPLEMAN	Director	3.00	Director	$0	$0	$0
DAYTON BAILEY	Director	3.00	Director	$0	$0	$0
MATT CALLIHAN	Director	3.00	Director	$0	$0	$0
BUBBA DAMON	Director	3.00	Director	$0	$0	$0
MARK GONZALES	Director	3.00	Director	$0	$0	$0
GILBERT GONZALES	Director	3.00	Director	$0	$0	$0
MICHAEL JOHNSON	Director	3.00	Director	$0	$0	$0
KEVIN GIBSON	Director	3.00	Director	$0	$0	$0
SHARON GIBSON	Director	3.00	Director	$0	$0	$0
CODY HALLIBURTON	Director	3.00	Director	$0	$0	$0
JAMIE MACE	Director	3.00	Director	$0	$0	$0
PEGGY USSERY	Director	3.00	Director	$0	$0	$0
JAMES MONTGOMERY	Chairman	3.00	Officer Director	$0	$0	$0
SHELLY MOORE	Director	3.00	Director	$0	$0	$0
R J PALACIOS	Director	3.00	Director	$0	$0	$0
SETH POWELL	Director	3.00	Director	$0	$0	$0
CATHY ROWAN	Director	3.00	Director	$0	$0	$0
RALPH LAZANO	Director	3.00	Director	$0	$0	$0
STACY CAPPLEMAN	Director	3.00	Director	$0	$0	$0
CINDY MARTINEZ	Director	3.00	Director	$0	$0	$0
SHELLY GOULD MURPHY	Director	3.00	Director	$0	$0	$0
JENNIFER WRIGHT	Director	3.00	Director	$0	$0	$0
MICHAEL CROW	Director	3.00	Director	$0	$0	$0
JOSE REYNA	Director	3.00	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	$402,599	$421,153	$690,655	$-18,554
2023	$621,072	$414,545	$709,447	$206,527
2022	$325,688	$286,840	$503,064	$38,848
2021	$234,778	$160,186	$486,056	$74,592

LULING WATERMELON THUMP ASSOCIATION