DOUGLAS COUNTY FARM BUREAU

EIN: 470406434

WATERLOO, NE

Total Revenue
$125,338
Total Expenses
$125,847
Total Assets
$710,736
Net Assets
$709,666
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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
NE
Principal Officer
Michael Valasek
Phone
4026729639
Tax Period
2024-10-01 to 2025-09-30

DOUGLAS COUNTY FARM BUREAU, founded in 1955, is a small nonprofit that reported $125K in total revenue in fiscal year 2024. Net assets of $710K represent 68 months of operating reserves.

Mission

PROGRAMS TO UNITE FARM AND RANCH FAMILIES AND BETTER THE CONDITIONS OF THOSE ENGAGED IN THE PURSUIT OF FARMING AND RANCHING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $91,826
Investment Income $33,512
Other Revenue $0
TOTAL REVENUE $125,338

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $19,615
Fundraising Expenses $0
Program Expenses $91,785
Other Expenses $103,232
TOTAL EXPENSES $125,847

Year-over-Year Comparison

2024 2023 Change
Revenue $125,338 $130,466 0.0%
Expenses $125,847 $131,789 0.0%
Net Income $-509 $-1,323 -0.6%
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
1
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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL VALASEK PRESIDENT 010.00
Officer Director
$0 $0 $0
ROB GOTTSCH VICE PRESIDENT 007.00
Officer Director
$0 $0 $0
RICHARD MUSEL SECRETARY / TREASURER 001.00
Officer Director
$0 $0 $0
JAMES GOTTSCH BOARD MEMBER 001.00
Director
$0 $0 $0
BRADY REVELS BOARD MEMBER 001.00
Director
$0 $0 $0
RYAN UEBERRHEIN BOARD MEMBER 001.00
Director
$0 $0 $0
VANCE TONACK BOARD MEMBER 001.00
Director
$0 $0 $0
FRED TONACK BAORD MEMBER 001.00
Director
$0 $0 $0
ED HERLEIN BOARD MEMBER 001.00
Director
$0 $0 $0
EVAN IBACH BOARD MEMBER 001.00
Director
$0 $0 $0
NICKOLAS BIRDSLEY BOARD MEMBER 001.00
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 $125,338 $125,847 $710,736 $-509
2024 $130,466 $131,789 $672,960 $-1,323
2023 $126,016 $109,010 $611,851 $17,006
2022 $124,008 $112,398 $541,737 $11,610
2021 $110,504 $96,633 $689,896 $13,871
2020 $122,803 $94,951 $708,546 $27,852
2019 $120,026 $120,469 $680,560 $-443
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