Massachusetts Farm Bureau FederationInc (EIN 042128453) - 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

1918

Legal Domicile

Principal Officer

Karen Schwalbe

Phone

5084814766

Tax Period

2023-07-01 to 2024-06-30

Massachusetts Farm Bureau FederationInc, founded in 1918, is a small nonprofit that reported $703K in total revenue in fiscal year 2023. Expenses of $850K exceeded revenue, resulting in a 21% operating deficit.

Mission

Agricultural assistance for members.

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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 $0

Program Service Revenue $452,944

Investment Income $151,027

Other Revenue $98,644

TOTAL REVENUE $702,615

Expense Breakdown

Grants Paid $0

Salaries & Benefits $478,261

Fundraising Expenses $0

Program Expenses $545,168

Other Expenses $371,474

TOTAL EXPENSES $849,735

Year-over-Year Comparison

	2023	2022	Change
Revenue	$702,615	$725,294	0.0%
Expenses	$849,735	$847,346	+0.0%
Net Income	$-147,120	$-122,052	+0.2%

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

$130,000

Total Directors

$130,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Warren Shaw	President	2.00	Officer Director	$0	$0	$0
Ryan Mackay	Vice President	2.00	Officer Director	$0	$0	$0
Wayne Smith	Treasurer	2.00	Officer Director	$0	$0	$0
Karen Schwalbe	Clerk	38.00	Officer Director	$130,000	$0	$130,000
Mike Sabatini	Director	2.00	Director	$0	$0	$0
Robert Kilmer	Director	2.00	Director	$0	$0	$0
Skip Vadnais	Director	2.00	Director	$0	$0	$0
David Ross	Director	2.00	Director	$0	$0	$0
Barbara Rogers-Scharneck	Director	2.00	Director	$0	$0	$0
Lenny Roberts	Director	2.00	Director	$0	$0	$0
Richard Woodger	Director	2.00	Director	$0	$0	$0
Karl Norris	Director	2.00	Director	$0	$0	$0
Dan Martino	Director	2.00	Director	$0	$0	$0
Charlie Tully	Director	2.00	Director	$0	$0	$0
Ed Lawton	Director	2.00	Director	$0	$0	$0
Charles Hayward	Director	2.00	Director	$0	$0	$0
Ed Davidian	Director	2.00	Director	$0	$0	$0
Steve Ward	Director	2.00	Director	$0	$0	$0
Will Pickard	Director	2.00	Director	$0	$0	$0
Laura Abrams	Director	2.00	Director	$0	$0	$0
Meghan Gennings	Director	2.00	Director	$0	$0	$0
Alex Dowse	Director	2.00	Director	$0	$0	$0
Heather Bonanno Baker	Director	2.00	Director	$0	$0	$0
Mark Amato	Past President	2.00	Director	$0	$0	$0
T Nicholas John	Deputy Director	40.00	Highest	$111,650	$0	$111,650

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	No data	No data	No data	No data
2024	$702,615	$849,735	$5,009,675	$-147,120
2023	$725,294	$847,346	$4,904,935	$-122,052
2022	$1,090,743	$806,664	$4,822,461	$284,079
2021	$1,174,321	$916,717	$5,171,982	$257,604

Massachusetts Farm Bureau FederationInc