NATIONAL COTTON GINNERS ASSOCIATION

EIN: 756030070

CORDOVA, TN

Total Revenue
$117,660
Total Expenses
$143,696
Total Assets
$583,071
Net Assets
$535,841
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
MS
Principal Officer
W HARRISON ASHLEY
Phone
9012749030
Tax Period
2024-03-01 to 2025-02-28

NATIONAL COTTON GINNERS ASSOCIATION, founded in 1937, is a small nonprofit that reported $118K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $144K exceeded revenue, resulting in a 22% operating deficit.

Mission

ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO FOSTER TRADE, COMMERCIAL AND BUSINESS INTEREST OF THOSE ENGAGED IN GINNING COTTON; TO ENCOURAGE AND PROMOTE COOPERATION WITH GROWERS, PRODUCERS, PROCESSORS AND DISTRIBUTORS OF COTTON, COTTONSEED AND THE PRODUCTS THEREOF, AND GENERALLY TO SECURE A MORE ENLARGED AND FRIENDLY ASSOCIATION AMONG THOSE ENGAGED IN THE COTTON GINNING INDUSTRY AND AMONG THOSE DEALING DIRECTLY OR INDIRECTLY WITH SUCH INDUSTRY.

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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 $53,376
Program Service Revenue $58,366
Investment Income $5,918
Other Revenue $0
TOTAL REVENUE $117,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $143,696
TOTAL EXPENSES $143,696

Year-over-Year Comparison

2024 2023 Change
Revenue $117,660 $132,157 -0.1%
Expenses $143,696 $98,751 +0.5%
Net Income $-26,036 $33,406 -1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
27
Independent Members
27
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
6
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEONARD B ALPHIN DIRECTOR 1.00
Director
$0 $0 $0
GARY A BAILEY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL JANTZ BAIN DIRECTOR 1.00
Director
$0 $0 $0
DAVID BLAKEMORE DIRECTOR 1.00
Director
$0 $0 $0
TOM A CALLOWAY DIRECTOR 1.00
Director
$0 $0 $0
MELISSA CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
ADRIANE L CARBONEL DIRECTOR 1.00
Director
$0 $0 $0
GARY EVANS DIRECTOR 1.00
Director
$0 $0 $0
ROWAN BENJAMIN EVANS DIRECTOR 1.00
Director
$0 $0 $0
GARY D FEIST DIRECTOR 1.00
Director
$0 $0 $0
REX A FORD DIRECTOR 1.00
Director
$0 $0 $0
DONALD KIRK GILKEY DIRECTOR 1.00
Director
$0 $0 $0
NATHAN GOLDMAN DIRECTOR 1.00
Director
$0 $0 $0
PHILLIP W KIDD DIRECTOR 1.00
Director
$0 $0 $0
GEORGE G LACOUR DIRECTOR 1.00
Director
$0 $0 $0
ALBERTO PANDO DIRECTOR 1.00
Director
$0 $0 $0
DRAKE PERROW DIRECTOR 1.00
Director
$0 $0 $0
BILLY SICKLER DIRECTOR 1.00
Director
$0 $0 $0
JOHN STEELHAMMER DIRECTOR 1.00
Director
$0 $0 $0
MIKE THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
TODD M WATERS DIRECTOR 1.00
Director
$0 $0 $0
HENRY G WATKINS DIRECTOR 1.00
Director
$0 $0 $0
WALTER EUGENE SEALE CHAIRMAN 1.00
Officer
$0 $0 $0
RICHARD J LINDSEY PRESIDENT 1.00
Officer
$0 $0 $0
LARRY BLACK FIRST VICE PRESIDENT 1.00
Officer
$0 $0 $0
J BRADLEY WILLIAMS SECOND VICE PRESIDENT 1.00
Officer
$0 $0 $0
THOMAS J PIRES THIRD VICE PRESIDENT 1.00
Officer
$0 $0 $0
HARRISON ASHLEY EXECUTIVE VICE PRESIDENT 20.00
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 $117,660 $143,696 $583,071 $-26,036
2024 $132,157 $98,751 $561,877 $33,406
2023 $147,948 $90,725 $528,471 $57,223
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