MILK PRODUCERS COUNCIL

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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

1949

Legal Domicile

Principal Officer

CORNELL KASBERGEN

Phone

9096286018

Tax Period

2023-01-01 to 2023-12-31

MILK PRODUCERS COUNCIL, founded in 1949, is a small nonprofit that reported $553K in total revenue in fiscal year 2023.

Mission

REPRESENT THE DAIRY PRODUCER AT THE FEDERAL, STATE AND LOCAL LEVELS OF GOVERNMENT

Program Service Accomplishments

Program 1

Expenses: $566,155 Revenue: $553,467

REPRESENT THE DAIRY PRODUCER AT THE FEDERAL, STATE AND LOCAL LEVELS OF GOVERNMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $553,467

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $553,467

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $566,155

Other Expenses $566,155

TOTAL EXPENSES $566,155

Year-over-Year Comparison

	2023	2022	Change
Revenue	$553,467	$551,910	+0.0%
Expenses	$566,155	$591,455	0.0%
Net Income	$-12,688	$-39,545	-0.7%

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

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
CORNELL KASBERGEN	PRESIDENT	10.00	Officer Director	$0	$0	$0
BENNETT SLEGERS	FIRST VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
BRAD BOSCH	SECRETARY/TREASURER	10.00	Officer Director	$0	$0	$0
JOHN BIDART	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE DE BOER	DIRECTOR	1.00	Director	$0	$0	$0
ROCHELLE DE GROOT	DIRECTOR	1.00	Director	$0	$0	$0
MIKE DE JAGER	DIRECTOR	1.00	Director	$0	$0	$0
PETE DE JONG	DIRECTOR	1.00	Director	$0	$0	$0
ROB DIEPERSLOOT	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN KUCHTA	DIRECTOR	1.00	Director	$0	$0	$0
DANNY MARTINS	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL OOSTEN	DIRECTOR	1.00	Director	$0	$0	$0
SIETSE TOLLENAAR	DIRECTOR	1.00	Director	$0	$0	$0
JEFF TROOST	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN WAGNER	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN WIND	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$553,467	$566,155	$298,345	$-12,688
2022	$551,910	$591,455	$320,286	$-39,545
2021	$565,737	$516,979	$352,099	$48,758
2020	$553,953	$517,635	$301,598	$36,318