Will County Farm Bureau Foundation (EIN 363526687) - 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

1986

Legal Domicile

Principal Officer

JACKSON HOGAN

Phone

3092588820

Tax Period

2024-10-01 to 2025-09-30

Will County Farm Bureau Foundation, founded in 1986, is a micro nonprofit that reported $95K in total revenue in fiscal year 2024. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $144K exceeded revenue, resulting in a 52% operating deficit.

Mission

THE FOUNDATIONS MISSION IS TO ACQUIRE AND DISTRIBUTE RESOURCES TO OUR MEMBERSHIP FAMILIES IN THE SOURCE OF SCHOLARSHIP FUNDS ON AN ANNUAL BASIS. THE SCHOLARSHIPS WILL BE USED TO SUPPORT OR SUPPLEMENT THE SCHOLARSHIP RECIPIENTS COLLEGE EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $82,526

Program Service Revenue $0

Investment Income $12,001

Other Revenue $0

TOTAL REVENUE $94,527

Expense Breakdown

Grants Paid $104,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $104,000

Other Expenses $39,866

TOTAL EXPENSES $143,866

Year-over-Year Comparison

	2024	2023	Change
Revenue	$94,527	$428,617	-0.8%
Expenses	$143,866	$106,088	+0.4%
Net Income	$-49,339	$322,529	-1.2%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYLE TEWES	PRESIDENT	1.00	Officer Director	$0	$0	$0
DEBBIE WERNER	SECRETARY	1.00	Officer Director	$0	$0	$0
JIM ROBBINS	TREASURER	1.00	Officer Director	$0	$0	$0
RITE LUEDTKE	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
HENRY MEADER	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
KRIS MULDERINK	BOARD MEMBER	1.00	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
2025	$94,527	$143,866	$1,270,761	$-49,339
2024	$428,617	$106,088	$1,219,577	$322,529
2023	$56,704	$83,982	$786,984	$-27,278
2022	$325,014	$66,010	$763,800	$259,004
2021	$144,468	$68,083	$504,147	$76,385

Will County Farm Bureau Foundation