INDIANA FARM BUREAU MADISON COUNTY FARM BUREAU INC

EIN: 350795409

ANDERSON, IN

Total Revenue
$50,685
Total Expenses
$16,079
Total Assets
$638,533
Net Assets
$638,533
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
IN
Principal Officer
BRETT BAYS
Phone
3176927851
Tax Period
2024-09-01 to 2025-08-31

INDIANA FARM BUREAU MADISON COUNTY FARM BUREAU INC, founded in 1945, is a micro nonprofit that reported $51K in total revenue in fiscal year 2024. The organization ran a surplus of $35K, a strong 68% 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.

Program Service Accomplishments

Program 1

AG DAY- WE HAVE BEEN PROVIDING THE FUNDING FOR EXTENSION AND HELPING THEM PROVIDE AGRICULTURE EDUCATION IN THE CLASSROOMS AROUND THE COUNTY.

Program 2

ANNUAL MEETING- WE HOLD AN ANNUAL MEETING EVERY YEAR TO EDUCATE OUR MEMBERSHIP ON WHAT WE HAVE BEEN DOING AND WHAT LEGISLATIVE ISSUES HAVE BEEN GOING ON.

Program 3

INCUBATORS- WE HAVE BEEN PROVIDING FUNDING FOR INCUBATORS FOR 1ST GRADE CLASSROOMS ALL OVER THE COUNTY TO HELP TEACH THEM ABOUT AGRICULTURE AND CHICKEN HATCHING PROCESS.

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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 $27,115
Program Service Revenue $0
Investment Income $22,644
Other Revenue $926
TOTAL REVENUE $50,685

Expense Breakdown

Grants Paid $1,492
Salaries & Benefits $8,345
Fundraising Expenses $0
Other Expenses $6,242
TOTAL EXPENSES $16,079

Year-over-Year Comparison

2024 2023 Change
Revenue $50,685 $51,558 0.0%
Expenses $16,079 $19,690 -0.2%
Net Income $34,606 $31,868 +0.1%
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
10
Independent Members
10
Employees
4
Volunteers
10

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
$7,000
Total Directors
10
$7,390
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARLAND ANTRIM DIRECTOR 1.00
Director
$60 $0 $60
TERRY FARMER DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY HIATT DIRECTOR 1.00
Director
$0 $0 $0
JAMES MOREHEAD DIRECTOR 1.00
Director
$120 $0 $120
MARYANN WILLIAMS DIRECTOR 1.00
Director
$90 $0 $90
RANDY WILLIAMS DIRECTOR 1.00
Director
$120 $0 $120
CORY BOHLANDER PRESIDENT AND DIRECTOR 5.00
Officer Director
$2,250 $0 $2,250
BRETT BAYS VICE PRESIDENT AND DIRECTO 3.00
Officer Director
$1,750 $0 $1,750
GREG BOHLANDER SECRETARY/TREASURER AND DI 4.00
Officer Director
$1,500 $0 $1,500
BETH VANSICKLE EDUCATION AND OUTREACH COO 4.00
Officer Director
$1,500 $0 $1,500
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 $50,685 $16,079 $638,533 $34,606
2024 $51,558 $19,690 $603,927 $31,868
2023 $35,692 $19,525 $572,059 $16,167
2022 $25,132 $21,182 $555,892 $3,950
2021 $31,153 $17,252 $554,964 $13,901
2020 $35,164 $19,820 $541,063 $15,344
2019 $32,713 $25,446 $525,719 $7,267
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