Denton County Livestock Association
Nonprofit profile at a glance
- EIN
- 756035944
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Krum, TX, USA
- Phone
- 9403919820
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Animal Husbandry
Reported finances
- Revenue
- $48,163
- Expenses
- $44,365
- Assets
- $107,507
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DOUG WEBB (PRESIDENT)
People named in this filing
- DOUG WEBB (PRESIDENT)
- CHANCE BANNAHAN (DIRECTOR)
- DIANE JOHNSON (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's primary exempt purpose is to promote the breeding, improvement, and sale of purebred and commercial livestock; to encourage producers to produce the highest quality livestock; to establish and maintain a friendly spirit between members of the association by the exchange of information and ideas on all subjects pertaining to livestock, poultry, ratites, and their products.
What it reported doing in 2024
Each year the organization conducts the denton county youth fair at the north Texas state fair grounds in denton, Texas. The purpose of the youth fair is to provide an opportunity for ffa, fccla, and 4-h members to exhibit their livestock projects in a friendly, fair competition, to educate the general public about agriculture, to promote the improvement of livestock in the community, and to provide youth the opportunity for training in leadership and sportsmanship. There were approximately 700 youth participating in various events including market livestock, breeding livestock, home economics, environmental science, agriculture mechanics, tractor driving, horse show, rodeo, and public speaking.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 67% for direct work, and 33% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.3%; rating input score 80
- Program expense ratio: 81.4%; rating input score 81
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.9%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 2.42; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.5% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 15.3% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 9.6% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 80.3% of revenue deployed · 81.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $36K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.