BLADEN COUNTY FARM BUREAU INC (EIN 560771285) - 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

1962

Legal Domicile

Principal Officer

ALBERT BEATTY

Phone

9106452042

Tax Period

2024-01-01 to 2024-12-31

BLADEN COUNTY FARM BUREAU INC, founded in 1962, is a small nonprofit that reported $108K in total revenue in fiscal year 2024. Expenses of $92K left a modest 15% 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 $75,900

Program Service Revenue $0

Investment Income $10,000

Other Revenue $22,287

TOTAL REVENUE $108,187

Expense Breakdown

Grants Paid $8,250

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $83,786

TOTAL EXPENSES $92,036

Year-over-Year Comparison

	2024	2023	Change
Revenue	$108,187	$107,778	+0.0%
Expenses	$92,036	$88,533	+0.0%
Net Income	$16,151	$19,245	-0.2%

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

404

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
EDWARD HESTER	VICE PRESIDE	0.25	Officer Director	$0	$0	$0
CHARLES GILLESPIE	MEMBER-BOD	0.25	Director	$0	$0	$0
ALBERT BEATTY	PRESIDENT	0.25	Officer Director	$0	$0	$0
RUSSELL PATTERSON	MEMBER-BOD	0.25	Director	$0	$0	$0
WILBUR WARD	MEMBER-BOD	0.25	Director	$0	$0	$0
WILLIAM BRISSON	SECRETARY	0.25	Officer Director	$0	$0	$0
BRENDA BRISSON	MEMBER-BOD	0.25	Director	$0	$0	$0
DANNY MCDUFFIE	MEMBER-BOD	0.25	Director	$0	$0	$0
WALTER MCDUFFIE	MEMBER-BOD	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	$108,187	$92,036	$744,090	$16,151
2023	$107,778	$88,533	$727,939	$19,245
2022	$102,413	$83,947	$708,694	$18,466
2021	$103,282	$76,608	$690,228	$26,674
2020	$97,597	$79,272	$663,554	$18,325
2019	$101,654	$97,254	$645,229	$4,400
2018	$100,429	$88,528	$640,829	$11,901

BLADEN COUNTY FARM BUREAU INC