BUNCOMBE COUNTY FARM BUREAU INC

EIN: 560789429

ASHEVILLE, NC

Total Revenue
$337,167
Total Expenses
$304,671
Total Assets
$3,380,293
Net Assets
$3,380,293
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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
NC
Principal Officer
WILLIAM TEAGUE
Phone
8282593883
Tax Period
2025-01-01 to 2025-12-31

BUNCOMBE COUNTY FARM BUREAU INC, founded in 1953, is a small nonprofit that reported $337K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $305K left a modest 10% 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 (2025)

Revenue Breakdown

Contributions & Grants $285,870
Program Service Revenue $0
Investment Income $676
Other Revenue $50,621
TOTAL REVENUE $337,167

Expense Breakdown

Grants Paid $35,400
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $269,271
TOTAL EXPENSES $304,671

Year-over-Year Comparison

2025 2024 Change
Revenue $337,167 $285,686 +0.2%
Expenses $304,671 $278,178 +0.1%
Net Income $32,496 $7,508 +3.3%
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
16
Independent Members
16
Employees
N/A
Volunteers
544

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
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM TEAGUE PRESIDENT 0.33
Officer Director
$0 $0 $0
ROBIN REEVES MEMBER-BOD 0.33
Director
$0 $0 $0
MARTIN MORGAN MEMBER-BOD 0.33
Director
$0 $0 $0
DAVID COWART MEMBER-BOD 0.33
Director
$0 $0 $0
JERRY ROBERTS MEMBER-BOD 0.33
Director
$0 $0 $0
DAVID SNELSON MEMBER-BOD 0.33
Director
$0 $0 $0
PHILLIP FREEMAN VICE PRESIDE 0.33
Officer Director
$0 $0 $0
GREGG YOUNG TREASURER 0.33
Officer Director
$0 $0 $0
ALAN AUSTIN MEMBER-BOD 0.33
Director
$0 $0 $0
JACKIE GILLESPIE MEMBER-BOD 0.33
Director
$0 $0 $0
KEVIN WORLEY MEMBER-BOD 0.33
Director
$0 $0 $0
ANNA ENGLISH MEMBER-BOD 0.33
Director
$0 $0 $0
LORING MCINTYRE MEMBER-BOD 0.33
Director
$0 $0 $0
MATTHEW SMITH MEMBER-BOD 0.33
Director
$0 $0 $0
AVA MORGAN MEMBER-BOD 0.33
Director
$0 $0 $0
ASHLEY OLIVER 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 $337,167 $304,671 $3,380,293 $32,496
2024 $285,686 $278,178 $3,373,525 $7,508
2023 $280,312 $280,945 $3,442,250 $-633
2022 $282,779 $255,401 $3,560,228 $27,378
2021 $298,535 $259,102 $3,633,336 $39,433
2020 $308,059 $221,972 $3,894,190 $86,087
2019 $1,168,293 $248,956 $3,189,630 $919,337
2018 $1,387,488 $270,752 $2,270,293 $1,116,736
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