LEE COUNTY FARM BUREAU INC

EIN: 560770312

SANFORD, NC

Total Revenue
$134,123
Total Expenses
$123,547
Total Assets
$566,567
Net Assets
$393,390
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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
1962
Legal Domicile
NC
Principal Officer
REUHL DABOLT
Phone
9197744440
Tax Period
2024-01-01 to 2024-12-31

LEE COUNTY FARM BUREAU INC, founded in 1962, is a small nonprofit that reported $134K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $124K left a modest 8% 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $113,775
Program Service Revenue $0
Investment Income $2,343
Other Revenue $18,005
TOTAL REVENUE $134,123

Expense Breakdown

Grants Paid $16,260
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $107,287
TOTAL EXPENSES $123,547

Year-over-Year Comparison

2024 2023 Change
Revenue $134,123 $122,733 +0.1%
Expenses $123,547 $129,675 0.0%
Net Income $10,576 $-6,942 -2.5%
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

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
121

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
3
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERIC HARPER MEMBER-BOD 0.33
Director
$0 $0 $0
JOHN HALL MEMBER-BOD 0.33
Director
$0 $0 $0
JOHN CAMERON MEMBER-BOD 0.33
Director
$0 $0 $0
REUHL DABOLT PRESIDENT 0.33
Officer Director
$0 $0 $0
ROBERT DALRYMPLE MEMBER-BOD 0.33
Director
$0 $0 $0
JULIAN PHILPOTT MEMBER-BOD 0.33
Director
$0 $0 $0
ANNIE BUCHANAN SECRETARY 0.33
Officer Director
$0 $0 $0
GEORGIA GARNER MEMBER-BOD 0.33
Director
$0 $0 $0
TIM SLOAN V-PRESIDENT 0.33
Officer Director
$0 $0 $0
VIVIAN TAYLOR MEMBER-BOD 0.33
Director
$0 $0 $0
THOMAS KENT YARBOROUGH MEMBER-BOD 0.33
Director
$0 $0 $0
AUDNEY TERRY MEMBER-BOD 0.33
Director
$0 $0 $0
COLTON GROSS MEMBER-BOD 0.33
Director
$0 $0 $0
HANNAH HENDRICKS MEMBER-BOD 0.33
Director
$0 $0 $0
JIMMY FOSTER MEMBER-BOD 0.33
Director
$0 $0 $0
JESSICA FAULK MEMBER-BOD 0.33
Director
$0 $0 $0
JOANNE THOMAS MEMBER-BOD 0.33
Director
$0 $0 $0
DONALD NICHOLSON MEMBER-BOD 0.33
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 $134,123 $123,547 $566,567 $10,576
2023 $122,733 $129,675 $579,749 $-6,942
2022 $135,147 $128,651 $609,421 $6,496
2021 $128,010 $143,018 $624,634 $-15,008
2020 $128,084 $108,669 $660,391 $19,415
2019 $111,316 $126,103 $660,766 $-14,787
2018 $124,608 $126,894 $694,502 $-2,286
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