GRANVILLE COUNTY FARM BUREAU INC

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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

1961

Legal Domicile

Principal Officer

RONNIE BURNETTE

Phone

9196933151

Tax Period

2025-01-01 to 2025-12-31

GRANVILLE COUNTY FARM BUREAU INC, founded in 1961, is a small nonprofit that reported $193K in total revenue in fiscal year 2025. Expenses of $187K left a modest 4% 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.

Program Service Accomplishments

Program 1

POLICY DEVELOPMENT- MEMBERS WORKING IN COMMITTEES INVOLVED AT THE COUNTY, DISTRICT AND STATE LEVELS TO IDENTIFY ISSUES IMPORTANT TO THE WELL BEING OF AGRICULTURE AND DEVELOPING PUBLIC POLICIES ON...

POLICY DEVELOPMENT- MEMBERS WORKING IN COMMITTEES INVOLVED AT THE COUNTY, DISTRICT AND STATE LEVELS TO IDENTIFY ISSUES IMPORTANT TO THE WELL BEING OF AGRICULTURE AND DEVELOPING PUBLIC POLICIES ON SUCH ISSUES TO PURSUE THROUGH THE LEGISLATIVE AND REGULATORY PROCESS.

Program 2

PUBLIC AWARENESS ACTIVITIES - TO INFORM THE PUBLIC OF THE IMPORTANCE OF AGRICULTURE TO THE ECONOMY OF THE COUNTY. COORDINATED AND HELPED TO SPONSER EVENTS WITH OTHER AGRICULTURE AND COMMUNITY GROUPS TO RAISE THE PUBLIC AWARENESS OF AGRICULTURAL ENTERPRISES WITHIN THE COUNTY AND TO INCREASE FARMER'S PRODUCTION KNOWLEDGE.

Program 3

AGRICULTURAL LEADERSHIP DEVELOPMENT -PLANNED, CONDUCTED AND SUPPORTED ACTIVITIES FOR YOUTH AND ADULTS INVOLVED IN AGRICULTURE THAT PROVIDED OPPORTUNITIES TO EXPLORE THE AGRICULTURAL INDUSTRY AND...

AGRICULTURAL LEADERSHIP DEVELOPMENT -PLANNED, CONDUCTED AND SUPPORTED ACTIVITIES FOR YOUTH AND ADULTS INVOLVED IN AGRICULTURE THAT PROVIDED OPPORTUNITIES TO EXPLORE THE AGRICULTURAL INDUSTRY AND DEVELOP LEADERSHIP SKILLS. THESE ACTIVITIES INCLUDED COLLEGE SCHOLARSHIPS FOR STUDENTS MAJORING IN AN AGRICULTURAL FIELD OF STUDY, INSTITUTE FOR FUTURE AGRICULTURAL LEADERSHIP AND VARIOUS LEADERSHIP CONFERENCES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $180,150

Program Service Revenue $0

Investment Income $-245

Other Revenue $13,536

TOTAL REVENUE $193,441

Expense Breakdown

Grants Paid $27,701

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $158,935

TOTAL EXPENSES $186,636

Year-over-Year Comparison

	2025	2024	Change
Revenue	$193,441	$184,978	+0.0%
Expenses	$186,636	$176,991	+0.1%
Net Income	$6,805	$7,987	-0.1%

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

389

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
BRAD COLEY	PAST PRESIDE	0.15	Officer Director	$0	$0	$0
RONNIE BURNETTE	PRESIDENT	0.15	Officer Director	$0	$0	$0
JOHN GOOCH	MEMBER-BOD	0.15	Director	$0	$0	$0
WILLIAM HOBGOOD	SECRETARY	0.15	Officer Director	$0	$0	$0
BILLY RAY ADCOCK	MEMBER-BOD	0.15	Director	$0	$0	$0
ROBERT BLACKLEY	MEMBER-BOD	0.15	Director	$0	$0	$0
A D BLACKWELL	MEMBER-BOD	0.15	Director	$0	$0	$0
LESHEA CLAYTON	MEMBER-BOD	0.15	Director	$0	$0	$0
GEORGE BROOKS	MEMBER-BOD	0.15	Director	$0	$0	$0
DANNY CRUTE	MEMBER-BOD	0.15	Director	$0	$0	$0
PAUL CURRIN	MEMBER-BOD	0.15	Director	$0	$0	$0
JASON DIXON	MEMBER-BOD	0.15	Director	$0	$0	$0
VAN ELLIOTT	MEMBER-BOD	0.15	Director	$0	$0	$0
WAYNE OVERTON	MEMBER-BOD	0.15	Director	$0	$0	$0
GARY FULLER	MEMBER-BOD	0.15	Director	$0	$0	$0
WILLIE RICHARDS	MEMBER-BOD	0.15	Director	$0	$0	$0
DAVID OWEN	MEMBER-BOD	0.15	Director	$0	$0	$0
CRAIG VAUGHAN	MEMBER-BOD	0.15	Director	$0	$0	$0
RICKY SATTERWHITE	MEMBER-BOD	0.15	Director	$0	$0	$0
DANIEL WILKERSON	MEMBER-BOD	0.15	Director	$0	$0	$0
RANDY WATKINS	MEMBER-BOD	0.15	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	$193,441	$186,636	$654,399	$6,805
2024	$184,978	$176,991	$647,594	$7,987
2023	$192,983	$173,644	$639,607	$19,339
2022	$186,165	$165,198	$620,268	$20,967
2021	$178,610	$152,943	$599,301	$25,667
2020	$176,086	$133,627	$573,634	$42,459
2019	$186,499	$144,707	$531,175	$41,792
2018	$158,631	$146,042	$493,222	$12,589