MIDLAND COUNTY LIVESTOCK ASSOCIATION (EIN 756036325) - 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

1951

Legal Domicile

Principal Officer

DENNIS SEVER

Phone

4328940026

Tax Period

2019-01-01 to 2019-12-31

MIDLAND COUNTY LIVESTOCK ASSOCIATION, founded in 1951, is a micro nonprofit in the Animal-Related sector that reported $33K in total revenue in fiscal year 2019. Revenue surged 155% from the prior year, signaling strong growth momentum. Expenses of $41K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO UNITE IN ONE LOCAL ORGANIZATION CHILDREN WHO ARE INTERESTED IN THE ADVANCEMENT OF LIVESTOCK AND AGRICULTURAL GROWING METHODS AND TO SPONSOR A LIVESTOCK SHOW AND

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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 (2019)

Revenue Breakdown

Contributions & Grants $70,978

Program Service Revenue $0

Investment Income $0

Other Revenue $-38,410

TOTAL REVENUE $32,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,075

Other Expenses $40,638

TOTAL EXPENSES $40,638

Year-over-Year Comparison

	2019	2018	Change
Revenue	$32,568	$12,758	+1.6%
Expenses	$40,638	$13,463	+2.0%
Net Income	$-8,070	$-705	+10.4%

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

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	Role	Reportable Comp	Other Comp	Total
HOWARD MORRISON	DIRECTOR	Director	$0	$0	$0
VERLON SMITH	DIRECTOR	Director	$0	$0	$0
BRENT WITHERS	DIRECTOR	Director	$0	$0	$0
JON IVY	SECRETARY	Officer	$0	$0	$0
GARY CAIN	DIRECTOR	Director	$0	$0	$0
CHOYR GILBERT	PRESIDENT	Officer	$0	$0	$0
LESLEY CAUGHRON	TREASURER	Officer Director	$0	$0	$0
BRENT HOOVER	VICE PRESIDENT	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
2019	$32,568	$40,638	$126,399	$-8,070
2018	$12,758	$13,463	$143,287	$-705

MIDLAND COUNTY LIVESTOCK ASSOCIATION