INDIANA FARM BUREAU DELAWARE COUNTY FARM BUREAU INC

EIN: 350789885

MUNCIE, IN

Total Revenue
$40,736
Total Expenses
$33,332
Total Assets
$704,506
Net Assets
$704,506
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
IN
Principal Officer
DANIEL HIATT
Phone
3176927851
Tax Period
2023-10-01 to 2024-09-30

INDIANA FARM BUREAU DELAWARE COUNTY FARM BUREAU INC, founded in 1944, is a micro nonprofit that reported $41K in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $7K, a strong 18% operating margin.

Mission

REPRESENT THE FARMER'S VOICE ON ISSUES RELATED TO AGRICULTURE, EDUCATE THE CONSUMER AND PROMOTE FARM PRODUCTS, KEEP MEMBERS ABREAST OF POLICIES AND NEW DEVELOPMENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $34,366
Program Service Revenue $0
Investment Income $4,162
Other Revenue $2,208
TOTAL REVENUE $40,736

Expense Breakdown

Grants Paid $13,359
Salaries & Benefits $109
Fundraising Expenses $0
Other Expenses $19,864
TOTAL EXPENSES $33,332

Year-over-Year Comparison

2023 2022 Change
Revenue $40,736 $444,524 -0.9%
Expenses $33,332 $84,019 -0.6%
Net Income $7,404 $360,505 -1.0%
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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Governance

Voting Members
23
Independent Members
23
Employees
1
Volunteers
30

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
$812
Total Directors
23
$872
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL HIATT PRESIDENT 5.00
Officer Director
$0 $0 $0
EUGENE WHITEHEAD VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
MELISSA NAGLE SECRETARY/TREASURER 4.00
Officer Director
$0 $0 $0
VICKIE MITCHELL CEOC 4.00
Officer Director
$812 $0 $812
JANA ADAMS MEMBER 1.00
Director
$0 $0 $0
KEVIN ADAMS MEMBER 1.00
Director
$0 $0 $0
MICHAEL BLANCH MEMBER 1.00
Director
$0 $0 $0
JARROD CATRON MEMBER 1.00
Director
$0 $0 $0
DAVID CHARRON MEMBER 1.00
Director
$0 $0 $0
RYAN COFFMAN MEMBER 1.00
Director
$0 $0 $0
GREGORY COX MEMBER 1.00
Director
$0 $0 $0
FLORAMAE CUTFORTH MEMBER 1.00
Director
$0 $0 $0
LOYAL CUTFORTH MEMBER 1.00
Director
$60 $0 $60
LAUREL GARRETT MEMBER 1.00
Director
$0 $0 $0
JOSEPH HAMILTON MEMBER 1.00
Director
$0 $0 $0
DONALD HARRIS MEMBER 1.00
Director
$0 $0 $0
LARRY MITCHELL MEMBER 1.00
Director
$0 $0 $0
DENNIS NIXON MEMBER 1.00
Director
$0 $0 $0
KATIE NIXON MEMBER 1.00
Director
$0 $0 $0
JOSEPH RUSSELL MEMBER 1.00
Director
$0 $0 $0
DOUGLAS SCHOLER MEMBER 1.00
Director
$0 $0 $0
DOUGLAS SMITH MEMBER 1.00
Director
$0 $0 $0
JAMES WRIGHT MEMBER 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 $40,736 $33,332 $704,506 $7,404
2023 $444,524 $84,019 $697,103 $360,505
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