GASTON COUNTY FARM BUREAU INC (EIN 560769551) - 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

1954

Legal Domicile

Principal Officer

KYLE LINEBERGER

Phone

7049225273

Tax Period

2024-01-01 to 2024-12-31

GASTON COUNTY FARM BUREAU INC, founded in 1954, is a small nonprofit that reported $280K in total revenue in fiscal year 2024. Expenses of $265K left a modest 5% 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 $248,833

Program Service Revenue $0

Investment Income $12,718

Other Revenue $18,214

TOTAL REVENUE $279,765

Expense Breakdown

Grants Paid $46,750

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $218,113

TOTAL EXPENSES $264,863

Year-over-Year Comparison

	2024	2023	Change
Revenue	$279,765	$289,554	0.0%
Expenses	$264,863	$254,618	+0.0%
Net Income	$14,902	$34,936	-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

170

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
CHARLES FERGUSON	MEMBER-BOD	0.30	Director	$0	$0	$0
ERNEST DAMERON	V-PRESIDENT	0.30	Officer Director	$0	$0	$0
CINDY SUDDRETH	MEMBER-BOD	0.30	Director	$0	$0	$0
DAVID WHITE	MEMBER-BOD	0.30	Director	$0	$0	$0
MICHAEL FERGUSON	MEMBER BOD	0.30	Director	$0	$0	$0
MIRANDA BRIDGES	SECRETARY	0.30	Officer Director	$0	$0	$0
KENNETH HOWE	MEMBER BOD	0.30	Director	$0	$0	$0
BRUCE KISER	MEMBER-BOD	0.30	Director	$0	$0	$0
JOHN WILSON	MEMBER-BOD	0.30	Director	$0	$0	$0
KYLE LINEBERGER	PRESIDENT	0.30	Officer Director	$0	$0	$0
MICHAEL STOWE	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	$279,765	$264,863	$940,136	$14,902
2023	$289,554	$254,618	$925,234	$34,936
2022	$268,746	$251,475	$890,370	$17,271
2021	$261,990	$240,680	$873,027	$21,310
2020	$266,399	$231,217	$851,717	$35,182
2019	$189,281	$239,058	$816,535	$-49,777
2018	$238,737	$234,580	$866,312	$4,157

GASTON COUNTY FARM BUREAU INC