ASMARK INSTITUTE INC

EIN: 883335676 Food, Agriculture & Nutrition

OWENSBORO, KY

Total Revenue
$7,768,985
Total Expenses
$8,318,085
Total Assets
$6,128,660
Net Assets
$5,787,397
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
KY
Principal Officer
BRIAN M MASON
Phone
2709264600
Tax Period
2025-01-01 to 2025-12-31

ASMARK INSTITUTE INC, founded in 2022, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $7.8M in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year.

Mission

THE ORGANIZATION ENHANCES FOOD SUSTAINABILITY AND PUBLIC WELFARE BY SIMPLIFYING AGRICULTURAL REGULATIONS AND PROVIDING COMPREHENSIVE SAFETY RESOURCES AND TRAINING.

Program Service Accomplishments

Program 1
Expenses: $6,923,504 Revenue: $7,598,728

IN 2024, THE ORGANIZATION ACHIEVED SEVERAL SIGNIFICANT MILESTONES THAT UNDERSCORES THE ORGANIZATION'S COMMITMENT TO EXCELLENCE AND CLIENT SUCCESS. THE ORGANIZATION SUCCESSFULLY TRAINED OVER 30,000...

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IN 2024, THE ORGANIZATION ACHIEVED SEVERAL SIGNIFICANT MILESTONES THAT UNDERSCORES THE ORGANIZATION'S COMMITMENT TO EXCELLENCE AND CLIENT SUCCESS. THE ORGANIZATION SUCCESSFULLY TRAINED OVER 30,000 EMPLOYEES THROUGH COMPREHENSIVE PROGRAMS, INCLUDING MONTHLY, ANNUAL, AND SIX SPECIALIZED SIGNATURE TRAINING COURSES TAILORED TO MEET DIVERSE INDUSTRY NEEDS. ADDITIONALLY, THE ORGANIZATION MAINTAINED OVER 13,000 DRIVER FILES ON BEHALF OF THEIR CLIENTS, TO HELP ENSURE THEIR DRIVERS REMAINED COMPLIANT AND ON THE ROAD WITHOUT INTERRUPTION. THEIR PROACTIVE APPROACH TO RISK MANAGEMENT WAS DEMONSTRATED THROUGH THE UPDATING AND SUBMISSION OF 566 5-YEAR RISK MANAGEMENT PLANS TO THE EPA, REINFORCING THE ORGANIZATION'S DEDICATION TO ENVIRONMENTAL COMPLIANCE AND SAFETY STANDARDS. FURTHERMORE, THE ORGANIZATION FILED 2,300 SARA TIER II REPORTS FOR THEIR CLIENTS, PROVIDING CRITICAL INFORMATION TO STATE AND LOCAL OFFICIALS, AS WELL AS THE PUBLIC. THESE REPORTS DETAIL THE LOCATIONS AND QUANTITIES OF HAZARDOUS CHEMICALS PRESENT AT FACILITIES DURING THE PREVIOUS CALENDAR YEAR, PROMOTING TRANSPARENCY AND SAFETY ACROSS COMMUNITIES. THESE ACCOMPLISHMENTS HIGHLIGHT THE ONGOING EFFORTS TO DELIVER VALUE, COMPLIANCE, AND TRAINING EXCELLENCE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,595,651
Investment Income $170,257
Other Revenue $3,077
TOTAL REVENUE $7,768,985

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,486,663
Fundraising Expenses $0
Program Expenses $6,923,504
Other Expenses $3,831,422
TOTAL EXPENSES $8,318,085

Year-over-Year Comparison

2025 2024 Change
Revenue $7,768,985 $8,267,919 -0.1%
Expenses $8,318,085 $7,803,693 +0.1%
Net Income $-549,100 $464,226 -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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Governance

Voting Members
7
Independent Members
6
Employees
41
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
2
$589,875
Total Directors
7
$352,733
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J BILLY PIRKLE CHAIRMAN 0.50
Director
$0 $0 $0
JOHN CAIN BOARD MEMBER 0.50
Director
$0 $0 $0
SCOTT PIERCY BOARD MEMBER 0.50
Director
$0 $0 $0
BRIAN M MASON PRESIDENT & CEO 40.00
Officer Director
$334,700 $18,033 $352,733
LUKE JACOBS BOARD MEMBER 0.50
Director
$0 $0 $0
KYLE SPRINGS BOARD MEMBER 0.50
Director
$0 $0 $0
LANCE STENZEL BOARD MEMBER 0.50
Director
$0 $0 $0
JANET L SALEM CHIEF OPERATING OFFICER 40.00
Officer
$230,773 $6,369 $237,142
MEGAN L HILL EMPLOYEE 40.00
Highest
$172,950 $10,377 $183,327
RAHMAN N MCGINNIS EMPLOYEE 40.00
Highest
$162,200 $0 $162,200
KIT L BURGESS EMPLOYEE 40.00
Highest
$156,655 $5,272 $161,927
TREVOR W RANNEY EMPLOYEE 40.00
Highest
$162,200 $0 $162,200
GREGORY WOODALL EMPLOYEE 40.00
Highest
$149,000 $8,940 $157,940
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 $7,768,985 $8,318,085 $6,128,660 $-549,100
2024 $8,267,919 $7,803,693 $6,544,116 $464,226
2023 $5,721,449 No data $6,551,226 No data
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