UTAH READY MIXED CONCRETE ASSOCIAT… - Form 990 Financial Data

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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

BRAD STEVENSON

Phone

8015507058

Tax Period

2025-01-01 to 2025-12-31

UTAH READY MIXED CONCRETE ASSOCIATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $516K in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $141K, a strong 27% operating margin.

Mission

UTAH READY MIXED CONCRETE ASSOCIATION WAS FORMED FOR THE PURPOSE OF PROMOTING READY MIXED CONCRETE BUSINESSES IN THE STATE OF UTAH THROUGH THE EFFORTS OF MARKETING, PROVIDING TECHNICAL RESOURCES, COORDINATION, COALITIONS, AND THE SPONSORING OF EDUCATIONAL PROGRAMS.

Program Service Accomplishments

Program 1

MARKETING AND PROMOTING READY MIXED CONCRETE APPLICATIONS THROUGH PRESENTATIONS TO ARCHITECTS, ENGINEERS, CONTRACTORS, DEPARTMENTS OF TRANSPORTATION, ECONOMIC DEVELOPMENT PARTNERSHIPS, STATE...

MARKETING AND PROMOTING READY MIXED CONCRETE APPLICATIONS THROUGH PRESENTATIONS TO ARCHITECTS, ENGINEERS, CONTRACTORS, DEPARTMENTS OF TRANSPORTATION, ECONOMIC DEVELOPMENT PARTNERSHIPS, STATE LEGISLATORS, AND PRIVATE DEVELOPERS

Program 2

PROVIDING TECHNICAL RESOURCES SUCH AS TRAINING SEMINARS, WORKSHOPS, CERTIFICATIONS, RECOGNITION CEREMONIES RELATION TO ALL READY MIXED CONCRETE APPLICATIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $445,016

Investment Income $71,400

Other Revenue $0

TOTAL REVENUE $516,416

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $233,913

Fundraising Expenses $0

Other Expenses $101,369

TOTAL EXPENSES $375,282

Year-over-Year Comparison

	2025	2024	Change
Revenue	$516,416	$476,463	+0.1%
Expenses	$375,282	$353,810	+0.1%
Net Income	$141,134	$122,653	+0.2%

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

$221,406

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY CHATTERTON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
TERRENCE SAVAGE UNTIL 32025	CHAIRMAN	1.00	Officer Director	$0	$0	$0
KURT SEVERINSON	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOSEY DEWSNUP	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
ZACH GRIMES	OFFICER	1.00	Officer Director	$0	$0	$0
BRANDON PACE	OFFICER	1.00	Officer Director	$0	$0	$0
PAUL PHILLIPS	OFFICER	1.00	Officer Director	$0	$0	$0
CHRIS SUHR	OFFICER	1.00	Officer Director	$0	$0	$0
BRAD STEVENSON	EXECUTIVE DIRECTOR	40.00	Officer	$178,492	$42,914	$221,406

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	$516,416	$375,282	$1,138,223	$141,134
2024	$476,463	$353,810	$994,960	$122,653
2023	$407,045	$359,369	$825,802	$47,676
2022	$430,029	$325,166	$776,926	$104,863
2021	$411,529	$313,170	$664,563	$98,359
2020	$381,434	$227,950	$566,204	$153,484
2019	$331,611	$280,275	$490,710	$51,336
2018	$299,518	$181,585	$397,111	$117,933

UTAH READY MIXED CONCRETE ASSOCIATION