MONTGOMERY COUNTY FARM BUREAU

EIN: 370664118

HILLSBORO, IL

Total Revenue
$490,642
Total Expenses
$267,682
Total Assets
$2,140,460
Net Assets
$2,118,313
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1921
Legal Domicile
IL
Principal Officer
DENNIS HAND
Phone
2175326171
Tax Period
2024-09-01 to 2025-08-31

MONTGOMERY COUNTY FARM BUREAU, founded in 1921, is a small nonprofit that reported $491K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $223K, a strong 45% operating margin.

Mission

TO PROVIDE OUR MEMBERS WITH INFORMATION TO INCREASE PROFITABILITY, QUALITY OF LIFE, AND TO SERVE AS AN ADVOCATE ON AGRICULTURAL ISSUES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $199,440
Program Service Revenue $33,666
Investment Income $67,456
Other Revenue $190,080
TOTAL REVENUE $490,642

Expense Breakdown

Grants Paid $29,125
Salaries & Benefits $88,622
Fundraising Expenses $0
Other Expenses $149,935
TOTAL EXPENSES $267,682

Year-over-Year Comparison

2024 2023 Change
Revenue $490,642 $393,290 +0.2%
Expenses $267,682 $282,675 -0.1%
Net Income $222,960 $110,615 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
2
Volunteers
N/A

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
$70,137
Total Directors
19
$3,855
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS HAND PRESIDENT 1.00
Officer Director
$420 $0 $420
KIRBY FURNESS VICE-PRESIDENT 1.00
Officer Director
$210 $0 $210
JUSTIN GERMAN SECRETARY 1.00
Officer Director
$135 $0 $135
DAVID LOUCKS TREASURER (FROM 12/24) 1.00
Officer Director
$35 $0 $35
ADAM ANDERSON DIRECTOR 1.00
Director
$320 $0 $320
PAUL BEELER DIRECTOR 1.00
Director
$280 $0 $280
MATTHEW BELUSKO DIRECTOR 1.00
Director
$150 $0 $150
ROBERT COLEMAN DIRECTOR 1.00
Director
$180 $0 $180
KEVIN DEVRIES DIRECTOR 1.00
Director
$160 $0 $160
TYLER HELGEN DIRECTOR 1.00
Director
$160 $0 $160
MARK KNODLE DIRECTOR 1.00
Director
$320 $0 $320
MATTHEW MEISNER DIRECTOR 1.00
Director
$240 $0 $240
DON MURPHY DIRECTOR 1.00
Director
$150 $0 $150
KRIS REYNOLDS DIRECTOR 1.00
Director
$160 $0 $160
TRAVIS ROVEY DIRECTOR 1.00
Director
$90 $0 $90
MATTHEW STOLTE DIRECTOR 1.00
Director
$210 $0 $210
LYNN WALDECK DIRECTOR 1.00
Director
$120 $0 $120
BRAD YOUNG DIRECTOR 1.00
Director
$315 $0 $315
LYNN BLACK DIRECTOR (THRU 11/24) 1.00
Director
$200 $0 $200
KATIE WILSON MANAGER 40.00
Officer
$60,409 $8,928 $69,337
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 $490,642 $267,682 $2,140,460 $222,960
2024 $393,290 $282,675 $1,790,764 $110,615
2023 $401,790 $301,986 $1,570,208 $99,804
2022 $370,304 $275,346 $1,451,877 $94,958
2021 $323,391 $213,138 $1,481,153 $110,253
2020 $330,909 $220,225 $1,249,700 $110,684
2019 $282,288 $248,772 $1,132,527 $33,516
2018 $298,128 $267,219 $1,131,867 $30,909
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MONTGOMERY COUNTY FARM BUREAU with other nonprofits in Illinois and across the country.