NATIONAL YOUNG FARMER EDUCATIONAL ASSOCIATION INC

EIN: 371114807 501(c)(3)

MONTGOMERY, AL

Total Revenue
$164,379
Total Expenses
$206,399
Total Assets
$140,026
Net Assets
$140,026
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
AL
Principal Officer
GORDON STONE JR
Phone
3345469951
Tax Period
2024-04-01 to 2025-03-31

NATIONAL YOUNG FARMER EDUCATIONAL ASSOCIATION, founded in 1982, is a small nonprofit that reported $138K in total revenue in fiscal year 2018. Revenue surged 143% from the prior year, signaling strong growth momentum. Expenses of $166K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROMOTE THE PERSONAL AND PROFESSIONAL GROWTH OF ALL PEOPLE INVOLVED IN AGRICULTURE WITH A FOCUS ON THE EDUCATION OF YOUNG FARMERS AND YOUTH INTERESTED IN AGRIBUSINESS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,554
Program Service Revenue $149,645
Investment Income $1,180
Other Revenue $0
TOTAL REVENUE $164,379

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $142,934
Other Expenses $206,399
TOTAL EXPENSES $206,399

Year-over-Year Comparison

2024 2023 Change
Revenue $164,379 $138,754 +0.2%
Expenses $206,399 $146,181 +0.4%
Net Income $-42,020 $-7,427 +4.7%
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

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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
15
Independent Members
14
Employees
N/A
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
3
$30,000
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH BOYD AG LEADERS CLUB 1.00
Director
$0 $0 $0
TIM FAULKNER PAST PRESIDENT 1.00
Director
$0 $0 $0
AMBER MILLER SMITH STATE EXECUTIVE REP 1.00
Director
$0 $0 $0
MIKAYLA CRUZ 2023 INSTITUTE CO CHAIR 1.00
Director
$0 $0 $0
TOMMY KETCHUM 2023 INSTITUTE CO CHAIR 1.00
Director
$0 $0 $0
STAN DEAL 2022 INSTITUTE CHAIR 1.00
Director
$0 $0 $0
CJ FLEANOR PRESIDENTS COUNCIL REP 1.00
Director
$0 $0 $0
RUSTY TIPTON FOUNDERS REP 1.00
Director
$0 $0 $0
JAMES WOODARD DR NATIONAL ADVISOR 1.00
Director
$0 $0 $0
TAMMY GALSCOCK NASAE REP 1.00
Director
$0 $0 $0
TROY HELMS ADVISOR REP 1.00
Director
$0 $0 $0
CLOVIA KETCHUM PRESIDENT ELECT 1.00
Director
$0 $0 $0
GORDON STONE JR EXECUTIVE VICE PRESIDENT 15.00
Officer
$30,000 $0 $30,000
JANE PLUIMER SECRETARY 1.00
Officer
$0 $0 $0
DONNIE CARTER PRESIDENT 1.00
Officer
$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 $164,379 $206,399 $140,026 $-42,020
2024 $138,754 $146,181 $190,756 $-7,427
2023 $163,376 $154,885 $212,394 $8,491
2022 $118,429 $124,757 $180,361 $-6,328
2021 $68,815 $75,100 $187,355 $-6,285
2020 $165,395 $167,179 $193,640 $-1,784
2019 $138,051 $165,750 $195,379 $-27,699
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