JOHNSTON COUNTY FARM BUREAU INC (EIN 560597776) - 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

1956

Legal Domicile

Principal Officer

TRACY DENNING

Phone

9199348148

Tax Period

2024-01-01 to 2024-12-31

JOHNSTON COUNTY FARM BUREAU INC, founded in 1956, is a small nonprofit that reported $503K in total revenue in fiscal year 2024. Expenses of $463K left a modest 8% surplus.

Mission

PRIVATE, NON-PROFIT ORGANIZATION CREATED TO DEVELOP, FOSTER, PROMOTE AND PROTECT PROGRAMS FOR THE WELFARE OF FARM PEOPLE, INCLUDING THEIR ECONOMIC, SOCIAL AND EDUCATIONAL WELL-BEING.

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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 $426,725

Program Service Revenue $0

Investment Income $24,743

Other Revenue $51,518

TOTAL REVENUE $502,986

Expense Breakdown

Grants Paid $56,422

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $406,429

TOTAL EXPENSES $462,851

Year-over-Year Comparison

	2024	2023	Change
Revenue	$502,986	$485,457	+0.0%
Expenses	$462,851	$476,926	0.0%
Net Income	$40,135	$8,531	+3.7%

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

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

1054

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDON BATTEN	MEMBER-BOD	0.35	Director	$0	$0	$0
JAMES SHEPARD BARBOUR JR	MEMBER-BOD	0.35	Director	$0	$0	$0
DANIEL IVAN WELLONS	MEMBER-BOD	0.35	Director	$0	$0	$0
MYRON SMITH	MEMBER-BOD	0.35	Director	$0	$0	$0
LOREN THORNTON	MEMBER-BOD	0.35	Director	$0	$0	$0
ROYCE MITCHELL BOYETTE	MEMBER-BOD	0.35	Director	$0	$0	$0
EUGENE DOUGLAS WOODALL JR	MEMBER-BOD	0.35	Director	$0	$0	$0
MICHELLE DAVIS	MEMBER-BOD	0.35	Director	$0	$0	$0
CHARLIE STEVE BATTEN	MEMBER=BOD	0.35	Director	$0	$0	$0
MATTHEW RHODES	MEMBER-BOD	0.35	Director	$0	$0	$0
JERRY COX	MEMBER-BOD	0.35	Director	$0	$0	$0
LARRY BARBOUR	MEMBER-BOD	0.35	Director	$0	$0	$0
WILLIAM BRYANT WELLONS	MEMBER-BOD	0.35	Director	$0	$0	$0
TAMMY DENNING	MEMBER-BOD	0.35	Director	$0	$0	$0
RANDY EDWARDS	MEMBER-BOD	0.35	Director	$0	$0	$0
LARRY MARTIN	MEMBER-BOD	0.35	Director	$0	$0	$0
JARED PENNY	MEMBER-BOD	0.35	Director	$0	$0	$0
BILLY BATTEN	VICE-PRESIDE	0.35	Officer Director	$0	$0	$0
SUSAN FORD	MEMBER-BOD	0.35	Director	$0	$0	$0
GENE COX	MEMBER-BOD	0.35	Director	$0	$0	$0
JERRY DENNIS DURHAM JR	SECRETARY	0.35	Officer Director	$0	$0	$0
CHARLES LEE JR	MEMBER-BOD	0.35	Director	$0	$0	$0
JAMES THOMAS VINSON	MEMBER-BOD	0.35	Director	$0	$0	$0
MARK WELLONS	MEMBER-BOD	0.35	Director	$0	$0	$0
TRACY DENNING	PRESIDENT	0.35	Officer Director	$0	$0	$0
RONALD FISH	MEMBER-BOD	0.35	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
2024	$502,986	$462,851	$2,106,750	$40,135
2023	$485,457	$476,926	$2,066,615	$8,531
2022	$478,271	$437,806	$2,058,084	$40,465
2021	$461,760	$405,439	$2,017,619	$56,321
2020	$443,905	$384,697	$1,961,298	$59,208
2019	$433,975	$398,734	$1,902,090	$35,241
2018	$419,465	$417,096	$1,866,849	$2,369

JOHNSTON COUNTY FARM BUREAU INC