PLAINS COTTON GROWERS INC (EIN 750938875) - 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

1956

Legal Domicile

Principal Officer

KODY BESSENT

Phone

8067924904

Tax Period

2024-07-01 to 2025-06-30

PLAINS COTTON GROWERS INC, founded in 1956, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $7.8M represent 67 months of operating reserves.

Mission

Improvement & Support of Cotton on the High Plains

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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 $727,730

Investment Income $636,195

Other Revenue $39,359

TOTAL REVENUE $1,403,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $581,729

Fundraising Expenses $0

Program Expenses $580,429

Other Expenses $898,121

TOTAL EXPENSES $1,479,850

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,403,284	$1,268,435	+0.1%
Expenses	$1,479,850	$1,527,083	0.0%
Net Income	$-76,566	$-258,648	-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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$162,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KODY BESSENT	CEO	40.00	Officer	$162,000	$0	$162,000
MARTIN STOERNER	Chairman	0.00	Officer	$0	$0	$0
BRENT NELSON	PAST PRESIDENT	0.00	Officer	$0	$0	$0
TRAVIS MIRES	President	0.00	Officer	$0	$0	$0
BRENT COKER	Vice President	0.00	Officer	$0	$0	$0
JON JONES	SECRETARY/TREAS	0.00	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
2025	$1,403,284	$1,479,850	$8,292,465	$-76,566
2024	$1,268,435	$1,527,083	$8,348,031	$-258,648
2023	$947,890	$1,447,347	$8,582,714	$-499,457
2022	$1,262,381	$1,528,522	$9,132,186	$-266,141
2021	$1,491,493	$1,446,773	$9,348,544	$44,720

PLAINS COTTON GROWERS INC