DELAWARE STATE FARM BUREAU INC (EIN 510064278) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

JOSEPH POPPITI

Phone

3026973183

Tax Period

2024-11-01 to 2025-10-31

DELAWARE STATE FARM BUREAU INC, founded in 1950, is a small nonprofit that reported $990K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $181K, a strong 18% operating margin.

Mission

PRESERVING AGRICULTURE AS AN INDUSTRY AND WAY OF LIFE, AND TO PROVIDE GROUP BENEFITS FOR MEMBERS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $74,895

Program Service Revenue $392,387

Investment Income $510,961

Other Revenue $12,104

TOTAL REVENUE $990,347

Expense Breakdown

Grants Paid $28,408

Salaries & Benefits $335,429

Fundraising Expenses $0

Other Expenses $445,527

TOTAL EXPENSES $809,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$990,347	$825,623	+0.2%
Expenses	$809,364	$785,960	+0.0%
Net Income	$180,983	$39,663	+3.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$102,554

Total Directors

$9,160

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL CARTANZA SR	SECOND VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
WILLIAM POWERS JR	PRESIDENT	2.00	Officer Director	$9,160	$0	$9,160
STEVE BREEDING	FIRST VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ALAN BAILEY	DIRECTOR	2.00	Director	$0	$0	$0
REBECCA BOBOLA	DIRECTOR	2.00	Director	$0	$0	$0
JAMES MINNER	DIRECTOR	2.00	Director	$0	$0	$0
MOLLIE LYNCH	DIRECTOR	2.00	Director	$0	$0	$0
CONNOR VINCENT	DIRECTOR	2.00	Director	$0	$0	$0
CORY ATKINS	DIRECTOR	2.00	Director	$0	$0	$0
STEWART RAMSEY	DIRECTOR	2.00	Director	$0	$0	$0
BRUCE DEMPSEY	DIRECTOR	2.00	Director	$0	$0	$0
ALEXANDER KEENAN	DIRECTOR	2.00	Director	$0	$0	$0
JOHN COMEGYS	DIRECTOR	2.00	Director	$0	$0	$0
LAURA BRITTINGHAM	DIRECTOR	2.00	Director	$0	$0	$0
CONSTANCE FOX	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES GREER	DIRECTOR	2.00	Director	$0	$0	$0
DAVE DANIELS	DIRECTOR	2.00	Director	$0	$0	$0
JOHN FILASKY	DIRECTOR	2.00	Director	$0	$0	$0
KIM KLAIR	DIRECTOR	2.00	Director	$0	$0	$0
WILL POWERS	DIRECTOR	2.00	Director	$0	$0	$0
JT ROBBINS	DIRECTOR	2.00	Director	$0	$0	$0
DAVID MARVEL	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH POPPITI	EXECUTIVE DIRECTOR (JUN 25-CURRENT)	40.00	Officer	$0	$0	$0
WILLIAM D CLIFTON	EXECUTIVE DIRECTOR THROUGH JUN 25	40.00	Officer	$90,000	$3,394	$93,394

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	$990,347	$809,364	$7,436,943	$180,983
2024	$825,623	$785,960	$7,177,397	$39,663
2023	$698,266	$651,900	$6,133,033	$46,366
2022	$803,388	$518,862	$6,091,840	$284,526
2021	$890,473	$537,205	$6,701,232	$353,268
2020	$806,532	$524,339	$5,563,100	$282,193
2019	$927,942	$589,896	$5,457,930	$338,046
2018	$1,074,466	$616,565	$4,923,158	$457,901

DELAWARE STATE FARM BUREAU INC