SWEETWATER MUNICIPAL AUDITORIUM BOARD INC (EIN 752574632) - 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

1994

Legal Domicile

Principal Officer

BUD ALLDREDGE JR

Phone

3252351497

Tax Period

2023-01-01 to 2023-12-31

SWEETWATER MUNICIPAL AUDITORIUM BOARD INC, founded in 1994, is a small nonprofit in the Recreation & Sports sector that reported $181K in total revenue in fiscal year 2023. The organization ran a surplus of $57K, a strong 32% operating margin.

Mission

ORGANIZATION CONDUCTS CULTURAL, EDUCATIONAL, AND SOCIAL ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $176,072

Program Service Revenue $20,110

Investment Income $2,422

Other Revenue $-17,602

TOTAL REVENUE $181,002

Expense Breakdown

Grants Paid $9,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $122,700

Other Expenses $114,480

TOTAL EXPENSES $123,680

Year-over-Year Comparison

	2023	2022	Change
Revenue	$181,002	$185,531	0.0%
Expenses	$123,680	$82,881	+0.5%
Net Income	$57,322	$102,650	-0.4%

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

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
LARRY LUDLUM	Treasurer	1.00	Officer Director	$0	$0	$0
LINDA HUNTER	Director	0.00	Director	$0	$0	$0
JIMMIE BENDER	Secretary	0.00	Officer Director	$0	$0	$0
RENEE CROUCH	Director	0.00	Director	$0	$0	$0
JAN SMITH	Director	0.00	Director	$0	$0	$0
JOHN KIRGIS	Director	0.00	Director	$0	$0	$0
BUD ALLDREDGE JR	President	1.00	Officer 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	No data	No data	No data	No data
2023	$181,002	$123,680	$699,526	$57,322
2022	$185,531	$82,881	$642,204	$102,650
2021	$95,013	$58,589	$539,554	$36,424
2020	$60,475	$56,895	$503,130	$3,580

SWEETWATER MUNICIPAL AUDITORIUM BOARD INC