RUTHERFORD COUNTY FARM BUREAU INC

EIN: 560808812

SPINDALE, NC

Total Revenue
$211,460
Total Expenses
$200,286
Total Assets
$1,051,602
Net Assets
$1,051,602
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
NC
Principal Officer
BROOKLYN MURRAY
Phone
8282872428
Tax Period
2024-01-01 to 2024-12-31

RUTHERFORD COUNTY FARM BUREAU INC, founded in 1963, is a small nonprofit that reported $211K in total revenue in fiscal year 2024. Expenses of $200K 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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $173,475
Program Service Revenue $2,127
Investment Income $8,510
Other Revenue $27,348
TOTAL REVENUE $211,460

Expense Breakdown

Grants Paid $23,500
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $176,786
TOTAL EXPENSES $200,286

Year-over-Year Comparison

2024 2023 Change
Revenue $211,460 $209,740 +0.0%
Expenses $200,286 $207,409 0.0%
Net Income $11,174 $2,331 +3.8%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
498

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
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARLEY LATTIMORE MEMBER-BOD 0.35
Director
$0 $0 $0
LARRY BAILEY MEMBER-BOD 0.35
Director
$0 $0 $0
WILLIAM MCDANIEL MEMBER-BOD 0.35
Director
$0 $0 $0
N/A MEMBER-BOD 0.35
Director
$0 $0 $0
LEE CARPENTER MEMBER-BOD 0.35
Director
$0 $0 $0
KENNETH RAMSEY PAST PRESIDE 0.35
Officer Director
$0 $0 $0
DON MELTON MEMBER-BOD 0.35
Director
$0 $0 $0
ROY TONEY MEMBER-BOD 0.35
Director
$0 $0 $0
GUY FAGEN MEMBER-BOD 0.35
Director
$0 $0 $0
BROOKLYN MURRAY PRESIDENT 0.35
Officer Director
$0 $0 $0
GEORGE ROBBINS MEMBER-BOD 0.35
Director
$0 $0 $0
PATRICK PARTON MEMBER-BOD 0.35
Director
$0 $0 $0
JOHNNY BRADLEY MEMBER-BOD 0.35
Director
$0 $0 $0
STUART BEAM MEMBER-BOD 0.35
Director
$0 $0 $0
FOREST CALTON MEMBER-BOD 0.35
Director
$0 $0 $0
WILLIAM CLINTON GREEN MEMBER-BOD 0.35
Director
$0 $0 $0
RONALD HAWKINS MEMBER-BOD 0.35
Director
$0 $0 $0
JONATHAN WRIEN MAYSE MEMBER-BOD 0.35
Director
$0 $0 $0
CODY WELLS MEMBER-BOD 0.35
Director
$0 $0 $0
CHARLES SULLIVAN MEMBER-BOD 0.35
Director
$0 $0 $0
JAMES MOSS MEMBER-BOD 0.35
Director
$0 $0 $0
NORMAN MCDANIEL V-PRESIDENT 0.35
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 $211,460 $200,286 $1,051,602 $11,174
2023 $209,740 $207,409 $1,039,851 $2,331
2022 $203,705 $215,324 $1,037,520 $-11,619
2021 $219,312 $192,215 $1,049,139 $27,097
2020 $213,024 $177,832 $1,022,042 $35,192
2019 $212,913 $206,168 $986,850 $6,745
2018 $198,074 $216,566 $980,105 $-18,492
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RUTHERFORD COUNTY FARM BUREAU INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.