WASHTENAW FARM COUNCIL

EIN: 386094683

ANN ARBOR, MI

Total Revenue
$351,320
Total Expenses
$329,435
Total Assets
$527,790
Net Assets
$447,790
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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
1955
Legal Domicile
MI
Principal Officer
JACOB SCHAIBLE
Phone
7344293145
Tax Period
2023-10-01 to 2024-09-30

WASHTENAW FARM COUNCIL, founded in 1955, is a small nonprofit that reported $351K in total revenue in fiscal year 2023. Expenses of $329K left a modest 6% surplus.

Mission

TO PROMOTE AND ADVANCE THE INTEREST OF AGRICULTURE, HORTICULTURE, HOUSEHOLD ARTS AND MECHANIC ARTS AND SCIENCES, AND ALL KINDRED SCIENCES AND ARTS IN THEIR VARIED BRANCHES; TO PROMOTE AND CONDUCT AGRICULTURAL, INDUSTRIAL, EDUCATIONAL AND RECREATIONAL FAIRS AND EXHIBITIONS, AND TO PROVIDE ENTERTAINMENT AND AMUSEMENT THEREWITH FOR THE PURPOSE OF DRAWING THE ATTENTION OF THE PUBLIC THERETO.

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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 (2023)

Revenue Breakdown

Contributions & Grants $32,295
Program Service Revenue $299,391
Investment Income $7,319
Other Revenue $12,315
TOTAL REVENUE $351,320

Expense Breakdown

Grants Paid $0
Salaries & Benefits $143,727
Fundraising Expenses $0
Program Expenses $329,435
Other Expenses $185,708
TOTAL EXPENSES $329,435

Year-over-Year Comparison

2023 2022 Change
Revenue $351,320 $332,745 +0.1%
Expenses $329,435 $304,221 +0.1%
Net Income $21,885 $28,524 -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

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Governance

Voting Members
11
Independent Members
11
Employees
5
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE DRAKE DIRECTOR N/A
Director
$0 $0 $0
LISA HENES DIRECTOR N/A
Director
$0 $0 $0
STANLEY LAMBARTH DIRECTOR N/A
Director
$0 $0 $0
GARY LUCKHARDT DIRECTOR N/A
Director
$0 $0 $0
KENNETH PRIELIPP DIRECTOR N/A
Director
$0 $0 $0
ARTHUR SIAS DIRECTOR N/A
Director
$0 $0 $0
STEVE THELEN DIRECTOR N/A
Director
$0 $0 $0
JOHN BROESAMLE VICE PRESIDE N/A
Officer
$0 $0 $0
TAMMY BROESAMLE SECRETARY N/A
Officer
$0 $0 $0
BEVERLY OLBERG TREASURER N/A
Officer
$0 $0 $0
JACOB SCHAIBLE PRESIDENT N/A
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 No data No data No data No data
2024 $351,320 $329,435 $527,790 $21,885
2023 $332,745 $304,221 $433,905 $28,524
2022 $215,934 $282,149 $453,824 $-66,215
2021 $184,317 $215,456 $482,770 $-31,139
2020 $170,922 $208,449 $526,457 $-37,527
2019 $222,095 $267,852 $576,347 $-45,757
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