GRANVILLE COUNTY FARM BUREAU INC (EIN 560686187) - 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

1961

Legal Domicile

Principal Officer

BRAD COLEY

Phone

9196933151

Tax Period

2024-01-01 to 2024-12-31

GRANVILLE COUNTY FARM BUREAU INC, founded in 1961, is a small nonprofit that reported $185K in total revenue in fiscal year 2024. Expenses of $177K 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.

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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 $172,775

Program Service Revenue $0

Investment Income $0

Other Revenue $12,203

TOTAL REVENUE $184,978

Expense Breakdown

Grants Paid $19,126

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $157,865

TOTAL EXPENSES $176,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$184,978	$192,983	0.0%
Expenses	$176,991	$173,644	+0.0%
Net Income	$7,987	$19,339	-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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

405

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
GEORGE BROOKS	MEMBER-BOD	0.30	Director	$0	$0	$0
WILLIAM HOBGOOD	SECRETARY	0.30	Officer Director	$0	$0	$0
BILLY RAY ADCOCK	MEMBER-BOD	0.30	Director	$0	$0	$0
DAVID OWEN	MEMBER-BOD	0.30	Director	$0	$0	$0
GARY FULLER	MEMBER-BOD	0.30	Director	$0	$0	$0
JOHN GOOCH	MEMBER-BOD	0.30	Director	$0	$0	$0
DANNY CRUTE	MEMBER-BOD	0.30	Director	$0	$0	$0
PAUL CURRIN	MEMBER-BOD	0.30	Director	$0	$0	$0
LESHEA CLAYTON	MEMBER-BOD	0.30	Director	$0	$0	$0
RONNIE BURNETTE	V-PRESIDENT	0.30	Officer Director	$0	$0	$0
WILLIE RICHARDS	MEMBER-BOD	0.30	Director	$0	$0	$0
VAN ELLIOTT	MEMBER-BOD	0.30	Director	$0	$0	$0
CRAIG VAUGHAN	MEMBER-BOD	0.30	Director	$0	$0	$0
DANIEL WILKERSON	MEMBER-BOD	0.30	Director	$0	$0	$0
RICKY SATTERWHITE	MEMBER-BOD	0.30	Director	$0	$0	$0
RANDY WATKINS	MEMBER-BOD	0.30	Director	$0	$0	$0
A D BLACKWELL	MEMBER-BOD	0.30	Director	$0	$0	$0
ROBERT BLACKLEY	MEMBER-BOD	0.30	Director	$0	$0	$0
JASON DIXON	MEMBER-BOD	0.30	Director	$0	$0	$0
BRAD COLEY	PRESIDENT	0.30	Officer Director	$0	$0	$0
WAYNE OVERTON	MEMBER-BOD	0.30	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	$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

GRANVILLE COUNTY FARM BUREAU INC