ASCENSION PARISH FARM BUREAU INC

EIN: 237055753

BATON ROUGE, LA

Total Revenue
$415,284
Total Expenses
$379,835
Total Assets
$720,331
Net Assets
$629,062
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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
1965
Legal Domicile
LA
Principal Officer
FRANK A SOTILE JR
Phone
2256213276
Tax Period
2024-01-01 to 2024-12-31

ASCENSION PARISH FARM BUREAU INC, founded in 1965, is a small nonprofit that reported $415K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $380K left a modest 9% surplus.

Mission

FORMED FOR THE PROMOTION AND PROTECTION OF AGRICULTURE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $163,012
Program Service Revenue $8,094
Investment Income $14,790
Other Revenue $229,388
TOTAL REVENUE $415,284

Expense Breakdown

Grants Paid $0
Salaries & Benefits $250,092
Fundraising Expenses $0
Other Expenses $127,901
TOTAL EXPENSES $379,835

Year-over-Year Comparison

2024 2023 Change
Revenue $415,284 $376,840 +0.1%
Expenses $379,835 $356,772 +0.1%
Net Income $35,449 $20,068 +0.8%
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

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Governance

Voting Members
17
Independent Members
17
Employees
8
Volunteers
17

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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK A SOTILE JR PRESIDENT 0.46
Officer Director
$0 $0 $0
ROBERT LEMANN JR VICE PRESIDENT 0.15
Officer Director
$0 $0 $0
LEE HARANG SECRETARY 0.15
Officer Director
$0 $0 $0
JOHNNY FALCON JR TREASURER 0.15
Officer Director
$0 $0 $0
KENNY ACOSTA BOARD MEMBER 0.15
Director
$0 $0 $0
DONALD BOURG BOARD MEMBER 0.15
Director
$0 $0 $0
MAURICE GAUTREAU JR BOARD MEMBER 0.15
Director
$0 $0 $0
WARREN HARANG III BOARD MEMBER 0.15
Director
$0 $0 $0
MEREDITH N OURSO JR BOARD MEMBER 0.15
Director
$0 $0 $0
MEREDITH N OURSO III BOARD MEMBER 0.15
Director
$0 $0 $0
DAN SAFFORD BOARD MEMBER 0.15
Director
$0 $0 $0
FRANKIE SOTILE SR BOARD MEMBER 0.15
Director
$0 $0 $0
CHARLES THIBAUT BOARD MEMBER 0.15
Director
$0 $0 $0
FRANK A SOTILE III BOARD MEMBER 0.15
Director
$0 $0 $0
ROBERT LEMANN III BOARD MEMBER 0.15
Director
$0 $0 $0
ROSS NOEL BOARD MEMBER 0.15
Director
$0 $0 $0
ALEX SOTILE BOARD MEMBER 0.15
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 $415,284 $379,835 $720,331 $35,449
2023 $376,840 $356,772 $707,300 $20,068
2022 $365,681 $352,615 $687,784 $13,066
2021 $393,435 $356,246 $671,740 $37,189
2020 $338,794 $334,994 $632,549 $3,800
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