WATAUGA COUNTY FARM BUREAU INC (EIN 560847437) - 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

JAMES BRYAN

Phone

8282645512

Tax Period

2023-01-01 to 2023-12-31

WATAUGA COUNTY FARM BUREAU INC, founded in 1953, is a small nonprofit that reported $111K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $146K exceeded revenue, resulting in a 32% operating deficit.

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 (2023)

Revenue Breakdown

Contributions & Grants $149,526

Program Service Revenue $0

Investment Income $0

Other Revenue $-38,568

TOTAL REVENUE $110,958

Expense Breakdown

Grants Paid $4,300

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $142,167

TOTAL EXPENSES $146,467

Year-over-Year Comparison

	2023	2022	Change
Revenue	$110,958	$130,924	-0.2%
Expenses	$146,467	$146,700	0.0%
Net Income	$-35,509	$-15,776	+1.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

239

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
JAMES BRYAN	PRESIDENT	0.30	Officer Director	$0	$0	$0
LEE RANKIN	V-PRESIDENT	0.30	Officer Director	$0	$0	$0
DENNY NORRIS	MEMBER-BOD	0.30	Director	$0	$0	$0
JOEY CLAWSON	MEMBER-BOD	0.30	Director	$0	$0	$0
HELEN MORETZ	MEMBER-BOD	0.30	Director	$0	$0	$0
BRENDA FARTHING	SECRETARY	0.30	Officer Director	$0	$0	$0
HOWELL COOK	MEMBER-BOD	0.30	Director	$0	$0	$0
JOHNNY MORETZ	MEMBER-BOD	0.30	Director	$0	$0	$0
ALEXANDRA BROWN	MEMBER-BOD	0.30	Director	$0	$0	$0
ALVIN BLAKE BROWN	MEMBER-BOD	0.30	Director	$0	$0	$0
ROBERT SHIPLEY JR	MEMBER-BOD	0.30	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	No data	No data	No data	No data
2023	$110,958	$146,467	$2,169,451	$-35,509
2022	$130,924	$146,700	$2,242,750	$-15,776
2021	$107,439	$140,216	$2,294,928	$-32,777
2020	$152,978	$128,302	$2,362,770	$24,676
2019	$145,718	$138,491	$950,754	$7,227
2018	$166,204	$127,118	$943,527	$39,086

WATAUGA COUNTY FARM BUREAU INC