NATIONAL ASSN OF FARM BROADCASTING

EIN: 362497133

Platte City, MO

Total Revenue
$1,793,819
Total Expenses
$1,517,518
Total Assets
$5,373,569
Net Assets
$4,976,393
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
MO
Principal Officer
GARDNER HATCH
Phone
8164314032
Tax Period
2024-01-01 to 2024-12-31

NATIONAL ASSN OF FARM BROADCASTING, founded in 1944, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $276K, a strong 15% operating margin.

Mission

NAFB EXISTS TO LEAD, PROMOTE, AND SUPPORT GROWTH IN AGRICULTURAL AND RURAL LIFESTYLE BROADCASTING FOR THE BENEFIT OF OUR MEMBERS, AUDIENCE AND INDUSTRY.

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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 $0
Program Service Revenue $1,366,332
Investment Income $352,162
Other Revenue $75,325
TOTAL REVENUE $1,793,819

Expense Breakdown

Grants Paid $0
Salaries & Benefits $589,422
Fundraising Expenses $0
Program Expenses $1,191,427
Other Expenses $928,096
TOTAL EXPENSES $1,517,518

Year-over-Year Comparison

2024 2023 Change
Revenue $1,793,819 $1,462,365 +0.2%
Expenses $1,517,518 $1,557,211 0.0%
Net Income $276,301 $-94,846 -3.9%
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

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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
13
Independent Members
13
Employees
7
Volunteers
45

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
5
$206,480
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHEAL CLEMENTS CHIEF OPERATING OFFICER 0.00
Officer
$100,215 $5,423 $105,638
GARDNER HATCH EXECUTIVE DIRECTOR 0.00
Officer
$98,726 $2,116 $100,842
SHANNON Y REENAN ALLIED INDUSTRY COUNCIL REPMEMBER 0.00
Director
$0 $0 $0
STEPHANIE HOFF WEST REGION VICE PRESIDENTMEMBER 0.00
Director
$0 $0 $0
BRENT ADAMS EAST REGION VICE PRESIDENTMEMBER 0.00
Director
$0 $0 $0
KC SHEPERD SOUTH REGION VICE PRESIDENTMEMBER 0.00
Director
$0 $0 $0
AMY BIEHL-OWENS MGMT SALES COUNCIL REPMEMBER 0.00
Director
$0 $0 $0
ANITA VANDERWERT MKT & PROM COMMITTEE CHAIRMEMBER 0.00
Director
$0 $0 $0
JESSE HARDING CAMPBELL ALLIED INDUSTRY COUNCIL REPMEMBER 0.00
Director
$0 $0 $0
KELLY BOGARD MGMT SALES COUNCIL REPMEMBER 0.00
Director
$0 $0 $0
BOB BOSOLD WEST REGIONAL DIRECTORMEMBER 0.00
Director
$0 $0 $0
JIM TAYLOR EAST REGIONAL DIRECTORMEMBER 0.00
Director
$0 $0 $0
JESSE ALLEN SOUTH REGIONAL DIRECTORMEMBER 0.00
Director
$0 $0 $0
CARAH HART PRESIDENTMEMBER 0.00
Officer Director
$0 $0 $0
JEFF NALLEY PRESIDENT ELECTMEMBER 0.00
Officer Director
$0 $0 $0
DELOSS JAHNKE VICE PRESIDENTMEMBER 0.00
Officer 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 $1,793,819 $1,517,518 $5,373,569 $276,301
2023 $1,462,365 $1,557,211 $5,041,660 $-94,846
2022 $1,542,132 $1,336,518 $4,900,180 $205,614
2021 $1,403,716 $1,217,285 $5,376,583 $186,431
2020 $1,182,595 $943,344 $4,796,383 $239,251
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