MADISON COUNTY FARM BUREAU INC (EIN 560731710) - 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

JACKIE BALL

Phone

8286894006

Tax Period

2024-01-01 to 2024-12-31

MADISON COUNTY FARM BUREAU INC, founded in 1953, is a micro nonprofit that reported $85K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $15K, a strong 18% operating margin.

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 $78,185

Program Service Revenue $0

Investment Income $293

Other Revenue $6,802

TOTAL REVENUE $85,280

Expense Breakdown

Grants Paid $3,550

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $66,549

TOTAL EXPENSES $70,099

Year-over-Year Comparison

	2024	2023	Change
Revenue	$85,280	$91,184	-0.1%
Expenses	$70,099	$74,270	-0.1%
Net Income	$15,181	$16,914	-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

407

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
ASHLEY BALL	SECRETARY	0.10	Officer Director	$0	$0	$0
CONLEY GOFORTH	2ND VICE-PRE	0.10	Officer Director	$0	$0	$0
MICHAEL COATES	MEMBER-BOD	0.10	Director	$0	$0	$0
COLON BISHOP	MEMBER-BOD	0.10	Director	$0	$0	$0
JACKIE BALL	PRESIDENT	0.10	Officer Director	$0	$0	$0
JORDAN BARNETTE	MEMBER-BOD	0.10	Director	$0	$0	$0
DENNY GOFORTH	MEMBER-BOD	0.10	Director	$0	$0	$0
GLENN REEMS	MEMBER-BOD	0.10	Director	$0	$0	$0
DAVID RICE	MEMBER-BOD	0.10	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	$85,280	$70,099	$796,303	$15,181
2023	$91,184	$74,270	$789,754	$16,914
2022	$83,375	$77,622	$781,111	$5,753
2021	$80,986	$63,539	$787,574	$17,447
2020	$75,654	$60,360	$793,817	$15,294
2019	$70,587	$66,211	$801,190	$4,376
2018	$72,713	$68,863	$540,192	$3,850

MADISON COUNTY FARM BUREAU INC