Binford Area Event Group

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

Steven Fors

Tax Period

2025-01-01 to 2025-12-31

Binford Area Event Group, founded in 2023, is a micro nonprofit in the Youth Development sector that reported $41K in total revenue in fiscal year 2025. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $56K exceeded revenue, resulting in a 37% operating deficit.

Mission

Our mission is to educate and grow the next genration in our area on many of the lost or dying aspects of small rural communities. We want them to understand and appareciate the rich rural history that this area has.

Program Service Accomplishments

Program 1

Revenue: $193,184

Bull Riding Fundraising Event proceeds

Program 2

Expenses: $157,935

Bull Riding Fundraising Event expense

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $6,000

Program Service Revenue $0

Investment Income $0

Other Revenue $35,249

TOTAL REVENUE $41,249

Expense Breakdown

Grants Paid $3,905

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $157,935

Other Expenses $52,446

TOTAL EXPENSES $56,351

Year-over-Year Comparison

	2025	2024	Change
Revenue	$41,249	$111,767	-0.6%
Expenses	$56,351	$15,493	+2.6%
Net Income	$-15,102	$96,274	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Fors	President	005.00	Officer	$0	$0	$0
Lee Gilbertson	V. President	005.00	Officer	$0	$0	$0
Tod LaPlant	Sec/Treasurer	010.00	Officer	$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	$41,249	$56,351	$173,056	$-15,102
2024	$111,767	$15,493	$188,158	$96,274
2023	$134,516	$42,632	$91,884	$91,884