WYOMING ASSOCIATION OF MUNICIPALIT… - 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

1967

Legal Domicile

Principal Officer

ASHLEY HARPSTREITH

Phone

3076320398

Tax Period

2024-07-01 to 2025-06-30

WYOMING ASSOCIATION OF MUNICIPALITIES, founded in 1967, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Expenses of $941K left a modest 12% surplus.

Mission

THE PURPOSE AND GOALS OF THE WYOMING ASSOCIATION OF MUNICIPALITIES ARE TO JOIN TOGETHER IN SUPPORT OF ACTIVITIES ON BEHALF OF ALL THE CITIES AND TOWNS IN WYOMING WHEREIN COLLECTIVE RATHER THAN INDIVIDUAL EFFORT IS ESSENTIAL TO:(A) DEVELOP, OBTAIN AND PERPATUATE THE GREATEST POSSIBLE DEGREE OF RESPONSIBLE, DEMOCRATIC SELF-GOVERNMENT, (B) DEVELOP AND SECURE ENACTMENT OF A LEGISLATIVE PROGRAM BENEFICIAL TO THE CITIES AND TOWNS OF WYOMING AND OPPOSE LEGISLATION DETRIMENTAL TO THEIR INTEREST, AND (C) ENCOURAGE DEVELOPMENT OF THE HIGHEST POSSIBLE STANDARDS OF DEMOCRATIC SELF-GOVERNMENT IN WYOMING CITIES AND TOWNS THROUGH CONFERENCES, INFORMATION, RESEARCH AND TRAINING.

Program Service Accomplishments

Program 1

Expenses: $82,913 Revenue: $1,031,819

INFORMATION GATHERING AND REFERRAL SERVICES FOR INDIVIDUAL MUNICIPALITIES WHICH HAVE NEITHER THE TIME, MONEY NOR MANPOWER TO PROVIDE ALONE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,031,819

Investment Income $30,530

Other Revenue $3,000

TOTAL REVENUE $1,065,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $490,198

Fundraising Expenses $0

Program Expenses $82,913

Other Expenses $450,788

TOTAL EXPENSES $940,986

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,065,349	$996,587	+0.1%
Expenses	$940,986	$1,098,274	-0.1%
Net Income	$124,363	$-101,687	-2.2%

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

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

$56,624

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEY HARPSTREITH	Executive Dir.	40.00	Officer	$55,374	$1,250	$56,624
CARTER NAPIER	President	0.20	Officer Director	$0	$0	$0
KELLY KRAKOW	Vice President	0.20	Officer Director	$0	$0	$0
PENNY ROBBINS	WAMCAT	0.20	Officer Director	$0	$0	$0
JANINE JORDAN	WYOCMA	0.20	Officer Director	$0	$0	$0
MARK RINNE	Legislative Lea	0.20	Director	$0	$0	$0
ALLIE LEITZA	Board Member	0.20	Director	$0	$0	$0
JOE SHUMWAY	Board Member	0.20	Director	$0	$0	$0
JOE WILSON	Board Member	0.20	Director	$0	$0	$0
KIM PEXTON	Board Member	0.20	Director	$0	$0	$0
RICH BRIDGER	Board Member	0.20	Director	$0	$0	$0
ERNIE BECKLEY	Board Member	0.20	Director	$0	$0	$0
KELLY TAMBLYN	Board Member	0.20	Director	$0	$0	$0
JOHN WETZEL	Board Member	0.20	Director	$0	$0	$0
JOEL HIGHSMITH	Director	0.20	Director	$0	$0	$0
CHARRI LARA	Board Member	0.20	Director	$0	$0	$0
KYLE GAMROTH	Board Member	0.20	Director	$0	$0	$0
MATT MURDOCH	Board Member	0.20	Director	$0	$0	$0
ARNE JORGENSON	Board Member	0.20	Director	$0	$0	$0
DAVID WELLING	Board Member	0.20	Director	$0	$0	$0
DOMINIC WOLF	Board Member	0.20	Director	$0	$0	$0
PETE RUST	Board Member	0.20	Director	$0	$0	$0
CHUCK DAVIS	Board Member	0.20	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
2025	$1,065,349	$940,986	$2,971,153	$124,363
2024	$996,587	$1,098,274	$2,751,672	$-101,687
2023	$876,615	$918,582	$2,780,882	$-41,967
2022	$894,264	$853,917	$2,789,251	$40,347
2021	$834,322	$637,244	$2,864,751	$197,078
2020	$727,489	$706,791	$2,675,847	$20,698
2019	$810,718	$728,990	$2,653,671	$81,728

WYOMING ASSOCIATION OF MUNICIPALITIES