REDNECK CULINARY ACADEMY (EIN 811594851) - 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

2016

Legal Domicile

Principal Officer

DOUG BOWERSOCK

Phone

9406313164

Tax Period

2023-01-01 to 2023-12-31

REDNECK CULINARY ACADEMY, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $76K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $84K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO ASSIST OTHER NONPROFIT ORGANIZATIONS IN THE NORTH TEXAS AREA BY PROVIDING FINANCIAL SUPPORT AND HUMAN RESOURCES TO THOSE ORGANIZATIONS.

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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 $11,965

Program Service Revenue $13,897

Investment Income $0

Other Revenue $49,849

TOTAL REVENUE $75,711

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,990

Other Expenses $78,591

TOTAL EXPENSES $83,591

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,711	$104,198	-0.3%
Expenses	$83,591	$103,539	-0.2%
Net Income	$-7,880	$659	-13.0%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS BOGART	DIRECTOR	2.00	Director	$0	$0	$0
TANNER KUYKENDALL	DIRECTOR	2.00	Director	$0	$0	$0
TAG DAVIS	PRESIDENT	2.00	Officer Director	$0	$0	$0
TREY SRALLA	SECRETARY	2.00	Officer Director	$0	$0	$0
ZANE COOMBES	DIRECTOR	2.00	Director	$0	$0	$0
DOUG BOWERSOCK	TREASURER	2.00	Officer Director	$0	$0	$0
DEREK ALBIN	VICE-PRESIDENT	2.00	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	$75,711	$83,591	$933,922	$-7,880
2022	$104,198	$103,539	$941,802	$659
2021	$573,391	$70,585	$941,143	$502,806
2020	$447,730	$14,589	$438,337	$433,141

REDNECK CULINARY ACADEMY