TEXAS GRAIN SORGHUM ASSOCIATION INC (EIN 752656551) - 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

1995

Legal Domicile

Principal Officer

WAYNE CLEVELAND

Phone

2545415375

Tax Period

2023-10-01 to 2024-09-30

TEXAS GRAIN SORGHUM ASSOCIATION INC, founded in 1995, is a small nonprofit that reported $439K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO REPRESENT TEXAS GRAIN SORGHUM PRODUCERS ON LEGISLATIVE, REGULATORY, AND MARKETING ISSUES.

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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 $0

Program Service Revenue $438,798

Investment Income $0

Other Revenue $0

TOTAL REVENUE $438,798

Expense Breakdown

Grants Paid $6,782

Salaries & Benefits $333,780

Fundraising Expenses $0

Other Expenses $94,167

TOTAL EXPENSES $434,729

Year-over-Year Comparison

	2023	2022	Change
Revenue	$438,798	$403,917	+0.1%
Expenses	$434,729	$477,238	-0.1%
Net Income	$4,069	$-73,321	-1.1%

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

Volunteers

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

$215,838

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY WILDER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES RAY HUDDLESTON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM MASSEY IV	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DALE ARTHO	DIRECTOR	3.00	Director	$0	$0	$0
DANIEL KRIENKE	DIRECTOR	2.00	Director	$0	$0	$0
MARC ADAMS	DIRECTOR	0.30	Director	$0	$0	$0
CHRIS YAKLIN	DIRECTOR	0.30	Director	$0	$0	$0
DANNY BEYER	DIRECTOR	1.00	Director	$0	$0	$0
WARREN MAYBERRY	DIRECTOR	1.00	Director	$0	$0	$0
BRITTAN GRUHLKEY	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE CLEVELAND	EXECUTIVE DIRECTOR	60.00	Officer	$188,201	$27,637	$215,838

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	$438,798	$434,729	$152,744	$4,069
2023	$403,917	$477,238	$155,772	$-73,321
2022	$443,406	$433,056	$225,154	$10,350
2021	$408,036	$387,980	$211,690	$20,056
2020	$423,842	$401,813	$190,810	$22,029
2019	$388,104	$391,387	$169,934	$-3,283
2018	$415,590	$429,910	$170,316	$-14,320

TEXAS GRAIN SORGHUM ASSOCIATION INC