TEXAS PORK PRODUCERS ASSOCIATION

EIN: 746105631

LUBBOCK, TX

Total Revenue
$1,042,633
Total Expenses
$961,621
Total Assets
$1,116,865
Net Assets
$1,116,865
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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
1967
Legal Domicile
TX
Principal Officer
COLBY FERGUSON
Phone
8067056800
Tax Period
2024-01-01 to 2024-12-31

TEXAS PORK PRODUCERS ASSOCIATION, founded in 1967, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Expenses of $962K left a modest 8% surplus.

Mission

DEVELOP, PROMOTE, AND IMPLEMENT EDUCATIONAL PROGRAMS FOR THE IMPROVEMENT AND PROMOTION OF PORK PRODUCTION AND PORK PRODUCERS WITHIN TEXAS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $575,406
Program Service Revenue $399,476
Investment Income $35,790
Other Revenue $31,961
TOTAL REVENUE $1,042,633

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $210,084
Fundraising Expenses $0
Other Expenses $726,537
TOTAL EXPENSES $961,621

Year-over-Year Comparison

2024 2023 Change
Revenue $1,042,633 $1,086,867 0.0%
Expenses $961,621 $842,631 +0.1%
Net Income $81,012 $244,236 -0.7%
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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Governance

Voting Members
15
Independent Members
15
Employees
4
Volunteers
15

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
4
$132,276
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KROHN JOSH PRESIDENT 0.40
Officer Director
$0 $0 $0
BAUMERT PETER PRESIDENT ELECT 0.40
Officer Director
$0 $0 $0
RAINS CORY VICE PRESIDENT 0.30
Officer Director
$0 $0 $0
ALDERSON DOUG DIRECTOR 0.30
Director
$0 $0 $0
BALSER RYAN DIRECTOR 0.30
Director
$0 $0 $0
BERGER COBY DIRECTOR 0.30
Director
$0 $0 $0
BEYERS TODD DIRECTOR 0.30
Director
$0 $0 $0
BROCKMAN CARRIE DIRECTOR 0.30
Director
$0 $0 $0
FOOTE JASON DIRECTOR 0.30
Director
$0 $0 $0
HODDE CHARLIE DIRECTOR 0.30
Director
$0 $0 $0
LINDER LUKE DIRECTOR 0.30
Director
$0 $0 $0
ROUNSAVALL JEREMY DIRECTOR 0.30
Director
$0 $0 $0
SCHAEFER DOUG PAST PRESIDENT 0.30
Director
$0 $0 $0
WALDRIP CHANCE DIRECTOR 0.30
Director
$0 $0 $0
WILLIAMS DR BO DIRECTOR 0.30
Director
$0 $0 $0
FERGUSON COLBY EXECUTIVE DIRECTOR 40.00
Officer
$121,212 $11,064 $132,276
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 $1,042,633 $961,621 $1,116,865 $81,012
2023 $1,086,867 $842,631 $1,035,853 $244,236
2022 $1,214,618 $583,089 $791,617 $631,529
2021 $596,924 $587,350 $160,665 $9,574
2020 $608,080 $603,970 $153,723 $4,110
2019 $627,360 $699,838 $151,055 $-72,478
2018 $496,107 $510,488 $221,293 $-14,381
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