HERTFORD COUNTY FARM BUREAU INC (EIN 560786663) - 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

STUART PIERCE

Phone

2523325914

Tax Period

2024-01-01 to 2024-12-31

HERTFORD COUNTY FARM BUREAU INC, founded in 1953, is a small nonprofit that reported $103K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $18K, a strong 17% 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 $52,600

Program Service Revenue $0

Investment Income $24,299

Other Revenue $26,578

TOTAL REVENUE $103,477

Expense Breakdown

Grants Paid $20,348

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $65,027

TOTAL EXPENSES $85,375

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,477	$95,663	+0.1%
Expenses	$85,375	$72,480	+0.2%
Net Income	$18,102	$23,183	-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

181

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
DUSTIN W SUMNER	MEMBER-BOD	0.25	Director	$0	$0	$0
CEDRIC PIERCE	MEMBER-BOD	0.25	Director	$0	$0	$0
JAMES MASON	V-PRESIDENT	0.25	Officer Director	$0	$0	$0
JOHNNIE POWELL	MEMBER-BOD	0.25	Director	$0	$0	$0
STUART PIERCE	PRESIDENT	0.25	Officer Director	$0	$0	$0
HOWARD GODWIN	MEMBER-BOD	0.25	Director	$0	$0	$0
SAMUEL HOWELL	MEMBER-BOD	0.25	Director	$0	$0	$0
DENNIS SPRUILL	MEMBER-BOD	0.25	Director	$0	$0	$0
MICHAEL BUNCH	MEMBER-BOD	0.25	Director	$0	$0	$0
ALEXANDRIA B GARRIS	MEMBER-BOD	0.25	Director	$0	$0	$0
S PATE PIERCE	MEMBER-BOD	0.25	Director	$0	$0	$0
CLINT BRINKLEY	SECRETARY	0.25	Officer 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	$103,477	$85,375	$687,512	$18,102
2023	$95,663	$72,480	$636,280	$23,183
2022	$94,917	$72,894	$663,577	$22,023
2021	$91,393	$70,374	$680,304	$21,019
2020	$99,440	$53,146	$630,450	$46,294
2019	$87,959	$64,912	$603,303	$23,047
2018	$84,572	$67,373	$563,568	$17,199

HERTFORD COUNTY FARM BUREAU INC