ASMARK INSTITUTE INC (EIN 883335676) - 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

2022

Legal Domicile

Principal Officer

BRIAN M MASON

Phone

2709264600

Tax Period

2024-01-01 to 2024-12-31

ASMARK INSTITUTE INC, founded in 2022, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $8.3M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $7.8M left a modest 6% surplus.

Mission

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

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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 $42,691

Program Service Revenue $8,017,386

Investment Income $80,049

Other Revenue $127,793

TOTAL REVENUE $8,267,919

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,561,170

Fundraising Expenses $2,866

Program Expenses $3,290,857

Other Expenses $4,242,523

TOTAL EXPENSES $7,803,693

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,267,919	$5,721,449	+0.4%
Expenses	$7,803,693	N/A	N/A
Net Income	$464,226	$5,721,449	-0.9%

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

$541,744

Total Directors

$373,522

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN CAIN	BOARD MEMBER	0.50	Director	$0	$0	$0
CLARK CAPWELL	BOARD MEMBER	0.50	Director	$0	$0	$0
BRIAN M MASON	PRESIDENT & CEO	40.00	Officer Director	$355,163	$18,359	$373,522
LUKE JACOBS	BOARD MEMBER	0.50	Director	$0	$0	$0
J BILLY PIRKLE	CHAIRMAN	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
AMBER M DUKE	TREASURER	40.00	Officer	$158,700	$9,522	$168,222
MEGAN L HILL	EMPLOYEE	40.00	Highest	$197,363	$11,842	$209,205
GREGORY WOODALL	EMPLOYEE	40.00	Highest	$149,000	$8,940	$157,940
ERIC A RASOR	EMPLOYEE	40.00	Highest	$145,950	$8,757	$154,707
JAMES W GARRISON	EMPLOYEE	40.00	Highest	$141,960	$6,394	$148,354
DUSTIN R WARDER	EMPLOYEE	40.00	Highest	$143,740	$8,532	$152,272

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	$8,267,919	$7,803,693	$6,544,116	$464,226
2023	$5,721,449	No data	$6,551,226	No data

ASMARK INSTITUTE INC