LENOIR COUNTY FARM BUREAU INC (EIN 560613485) - 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

1955

Legal Domicile

Principal Officer

ALTON ROBERSON

Phone

2525223911

Tax Period

2023-01-01 to 2023-12-31

LENOIR COUNTY FARM BUREAU INC, founded in 1955, is a small nonprofit that reported $120K in total revenue in fiscal year 2023. Net assets of $510K represent 51 months of operating reserves.

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 (2023)

Revenue Breakdown

Contributions & Grants $120,375

Program Service Revenue $0

Investment Income $60

Other Revenue $-459

TOTAL REVENUE $119,976

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $120,860

TOTAL EXPENSES $124,860

Year-over-Year Comparison

	2023	2022	Change
Revenue	$119,976	$114,196	+0.1%
Expenses	$124,860	$121,263	+0.0%
Net Income	$-4,884	$-7,067	-0.3%

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

335

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
ALTON ROBERSON	PRESIDENT	0.25	Officer Director	$0	$0	$0
CLAY KING	TREASURER	0.25	Officer Director	$0	$0	$0
B H CASEY	1 V-PRESIDEN	0.25	Officer Director	$0	$0	$0
RANDY SMITH	SECRETARY	0.25	Officer Director	$0	$0	$0
TOM DAVIS	MEMBER-BOD	0.25	Director	$0	$0	$0
GREG HERRING	MEMBER-BOD	0.25	Director	$0	$0	$0
MICHAEL HILL	MEMBER-BOD	0.25	Director	$0	$0	$0
RODNEY SMITH	MEMBER-BOD	0.25	Director	$0	$0	$0
CLAYTON SUTTON	MEMBER-BOD	0.25	Director	$0	$0	$0
FREDDIE SUTTON	MEMBER-BOD	0.25	Director	$0	$0	$0
JERRY TYNDALL	2 V-PRESIDEN	0.25	Officer Director	$0	$0	$0
JOHNNIE TYNDALL	MEMBER-BOD	0.25	Director	$0	$0	$0
PAUL FAULKNER	MEMBER-BOD	0.25	Director	$0	$0	$0
DEWITT POPE	MEMBER-BOD	0.25	Director	$0	$0	$0
MITCHELL OUTLAW	MEMBER-BOD	0.25	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$119,976	$124,860	$839,708	$-4,884
2022	$114,196	$121,263	$865,125	$-7,067
2021	$101,211	$116,916	$891,920	$-15,705
2020	$98,034	$93,046	$966,335	$4,988
2019	$92,255	$109,230	$977,916	$-16,975
2018	$267,589	$106,098	$1,010,859	$161,491

LENOIR COUNTY FARM BUREAU INC