Musk Ox Development Corporation (EIN 920104683) - 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

1985

Legal Domicile

Principal Officer

Lansing Teal

Phone

9077454151

Tax Period

2024-01-01 to 2024-12-31

Musk Ox Development Corporation, founded in 1985, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $400K, a strong 34% operating margin.

Mission

Musk ox domestication and wool industry development with related education objectives.

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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 $616,448

Program Service Revenue $246,938

Investment Income $1,266

Other Revenue $324,802

TOTAL REVENUE $1,189,454

Expense Breakdown

Grants Paid $0

Salaries & Benefits $500,226

Fundraising Expenses $0

Program Expenses $585,193

Other Expenses $289,452

TOTAL EXPENSES $789,678

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,189,454	$825,020	+0.4%
Expenses	$789,678	$765,882	+0.0%
Net Income	$399,776	$59,138	+5.8%

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

$132,005

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Austin	Executive Dir.	40.00	Officer	$126,100	$5,905	$132,005
Lansing Teal	President	0.50	Officer Director	$0	$0	$0
Connie Fredenberg	Vice President	0.50	Officer Director	$0	$0	$0
Bart Watson	Treasurer	0.50	Officer Director	$0	$0	$0
Will Peabody	Secretary	0.50	Officer Director	$0	$0	$0
Dr Pam Groves	Director	0.50	Director	$0	$0	$0
Bill Mohrwinkel	Director	0.50	Director	$0	$0	$0
Shelly Laws	Director	0.50	Director	$0	$0	$0
Tracy Del Duca	Director	0.50	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	$1,189,454	$789,678	$2,247,202	$399,776
2023	$825,020	$765,882	$1,849,325	$59,138
2022	$621,444	$719,964	$1,784,785	$-98,520
2021	$566,268	$667,794	$1,880,363	$-101,526
2020	$569,265	$498,478	$2,039,611	$70,787
2019	$1,317,637	$525,902	$1,911,499	$791,735
2018	$477,332	$478,376	$1,125,613	$-1,044

Musk Ox Development Corporation