Lenawee County Farm Bureau (EIN 381371823) - 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

1944

Legal Domicile

Phone

5172652891

Tax Period

2024-09-01 to 2025-08-31

Lenawee County Farm Bureau, founded in 1944, is a small nonprofit that reported $154K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $50K, a strong 32% operating margin.

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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 $62,463

Program Service Revenue $11,104

Investment Income $37,612

Other Revenue $43,042

TOTAL REVENUE $154,221

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,363

Fundraising Expenses $0

Program Expenses $104,173

Other Expenses $57,810

TOTAL EXPENSES $104,173

Year-over-Year Comparison

	2024	2023	Change
Revenue	$154,221	$209,615	-0.3%
Expenses	$104,173	$145,071	-0.3%
Net Income	$50,048	$64,544	-0.2%

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

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

$46,363

Total Directors

$46,363

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Theresa Shoemaker	SecretaryTreasurer	32.00	Officer Director	$44,613	$0	$44,613
Nick Hart	President	1.00	Officer Director	$1,000	$0	$1,000
Thomas VanWagner	Vice President	1.00	Officer Director	$500	$0	$500
Kendall Holsopple	Third Member	1.00	Officer Director	$250	$0	$250
Kevin Kirk	Director	1.00	Director	$0	$0	$0
Julia Schlegel	Director	1.00	Director	$0	$0	$0
Zach Schaffner	Diector	1.00	Director	$0	$0	$0
Edwin Scheffler	Director	1.00	Director	$0	$0	$0
Neil Taylor	Young Farmer Chair	1.00	Director	$0	$0	$0
Daniel Ringvist	Director	1.00	Director	$0	$0	$0
David Gust	Director	1.00	Director	$0	$0	$0
Scott Thompson	Director	1.00	Director	$0	$0	$0
Jeff Marvin	Director	1.00	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	$154,221	$104,173	$625,843	$50,048
2024	$209,615	$145,071	$574,925	$64,544
2023	$104,338	$89,697	$510,381	$14,641

Lenawee County Farm Bureau