WILSON COUNTY FARM BUREAU INC (EIN 560708806) - 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

1953

Legal Domicile

Principal Officer

RANDAL BARNES

Phone

2522378071

Tax Period

2024-01-01 to 2024-12-31

WILSON COUNTY FARM BUREAU INC, founded in 1953, is a small nonprofit that reported $200K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Net assets of $968K represent 58 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 (2024)

Revenue Breakdown

Contributions & Grants $190,050

Program Service Revenue $0

Investment Income $7,078

Other Revenue $3,061

TOTAL REVENUE $200,189

Expense Breakdown

Grants Paid $13,848

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $187,163

TOTAL EXPENSES $201,011

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,189	$214,757	-0.1%
Expenses	$201,011	$196,183	+0.0%
Net Income	$-822	$18,574	-1.0%

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

269

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
JOSEPH GARDNER	DIRECTOR	0.25	Director	$0	$0	$0
TYLER LAMM	DIRECTOR	0.25	Director	$0	$0	$0
SUSAN BARNES	DIRECTOR	0.25	Director	$0	$0	$0
DONNIE H NICHOLS JR	DIRECTOR	0.25	Director	$0	$0	$0
RICHARD WEBB	SECRETARY/TR	0.25	Officer Director	$0	$0	$0
WILLIAM HARRELL	DIRECTOR	0.25	Director	$0	$0	$0
LYNN PITTMAN	VICE PRESIDE	0.25	Officer Director	$0	$0	$0
BROOKS BARNES	DIRECTOR	0.25	Director	$0	$0	$0
MARION PRIDGEN JR	DIRECTOR	0.25	Director	$0	$0	$0
RANDAL BARNES	PRESIDENT	0.25	Officer Director	$0	$0	$0
WALKER J SHELTON	DIRECTOR	0.25	Director	$0	$0	$0
DOUGLAS S THOMAS JR	DIRECTOR	0.25	Director	$0	$0	$0
GERALD TYNER JR	DIRECTOR	0.25	Director	$0	$0	$0
KENNETH BASS	DIRECTOR	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
2024	$200,189	$201,011	$967,634	$-822
2023	$214,757	$196,183	$968,456	$18,574
2022	$211,922	$188,377	$949,882	$23,545
2021	$381,361	$208,302	$926,337	$173,059
2020	$211,687	$158,625	$1,026,484	$53,062
2019	$209,654	$174,140	$1,031,271	$35,514
2018	$201,528	$164,789	$1,042,280	$36,739

WILSON COUNTY FARM BUREAU INC