SURRY COUNTY FARM BUREAU INC (EIN 566033264) - 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

DANNY HODGES

Phone

3363563333

Tax Period

2024-01-01 to 2024-12-31

SURRY COUNTY FARM BUREAU INC, founded in 1953, is a small nonprofit that reported $269K in total revenue in fiscal year 2024. Expenses of $310K exceeded revenue, resulting in a 15% 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 (2024)

Revenue Breakdown

Contributions & Grants $223,625

Program Service Revenue $0

Investment Income $18,312

Other Revenue $27,405

TOTAL REVENUE $269,342

Expense Breakdown

Grants Paid $32,050

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $278,377

TOTAL EXPENSES $310,427

Year-over-Year Comparison

	2024	2023	Change
Revenue	$269,342	$261,260	+0.0%
Expenses	$310,427	$303,792	+0.0%
Net Income	$-41,085	$-42,532	0.0%

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

696

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
WESLEY JOHNSON	SECRETARY	0.20	Officer Director	$0	$0	$0
JOSH WATSON	MEMBER-BOD	0.20	Director	$0	$0	$0
JEREMY WALTER JOHNSON	MEMBER-BOD	0.20	Director	$0	$0	$0
DANNY HODGES	PRESIDENT	0.20	Officer Director	$0	$0	$0
JAMES MICHAEL DRAUGHN	MEMBER-BOD	0.20	Director	$0	$0	$0
CHARLES BOLES	VICE-PRESIDE	0.20	Officer Director	$0	$0	$0
TERRY WHITE	MEMBER-BOD	0.20	Director	$0	$0	$0
JONATHAN PUCKETT	MEMBER-BOD	0.20	Director	$0	$0	$0
HANNAH JOHNSON	MEMBER-BOD	0.20	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	$269,342	$310,427	$748,531	$-41,085
2023	$261,260	$303,792	$789,616	$-42,532
2022	$249,290	$291,173	$832,148	$-41,883
2021	$270,995	$261,203	$874,031	$9,792
2020	$268,095	$256,695	$864,239	$11,400
2019	$278,890	$293,765	$852,839	$-14,875
2018	$273,218	$341,090	$867,714	$-67,872

SURRY COUNTY FARM BUREAU INC