FLORENCE COUNTY FARM BUREAU (EIN 570343186) - 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

Andy Rodgers

Phone

8039364676

Tax Period

2023-01-01 to 2023-12-31

FLORENCE COUNTY FARM BUREAU, founded in 1953, is a small nonprofit that reported $108K in total revenue in fiscal year 2023. Expenses of $101K left a modest 6% surplus.

Mission

Promote agricultural interests and to optimize the lives of those involved in agriculture while being respectful to the needs and concerns of all citizens in our state.

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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 $72,397

Program Service Revenue $430

Investment Income $4,003

Other Revenue $30,872

TOTAL REVENUE $107,702

Expense Breakdown

Grants Paid $12,847

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $88,146

TOTAL EXPENSES $100,993

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,702	$103,732	+0.0%
Expenses	$100,993	$75,244	+0.3%
Net Income	$6,709	$28,488	-0.8%

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

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 Anthony Ward	Leg. Comm Chair	0.30	Director	$0	$0	$0
Charles Brigman	Director	0.30	Director	$0	$0	$0
Tish Singletary	Wom. Comm Chair	0.30	Director	$0	$0	$0
Jena Hanna	YF&R Chair	0.30	Director	$0	$0	$0
Phil Britton	PR Comm Chr	0.30	Director	$0	$0	$0
Randy C Cribb	Director	0.30	Director	$0	$0	$0
Robert Finklea	Director	0.30	Director	$0	$0	$0
Dickie Kirby	Director	0.30	Director	$0	$0	$0
Terry Vause	Director	0.30	Director	$0	$0	$0
Patrick Watson	Director	0.30	Director	$0	$0	$0
David Hanna	Director	0.30	Director	$0	$0	$0
Stanley McKenzie	Director	0.30	Director	$0	$0	$0
Jo Finklea	Wom. Comm. Chr	0.30	Director	$0	$0	$0
Alton Crib III	Director	0.30	Director	$0	$0	$0
Raleigh Ward III	Director	0.30	Director	$0	$0	$0
Raleigh O Ward Jr	Vice President	0.30	Officer	$0	$0	$0
M D Floyd	Secretary/Treas	0.30	Officer	$0	$0	$0
Andy Rodgers	President	0.30	Officer	$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	$107,702	$100,993	$840,523	$6,709
2022	$103,732	$75,244	$833,814	$28,488
2021	$106,258	$56,819	$805,326	$49,439
2020	$106,462	$84,842	$755,888	$21,620

FLORENCE COUNTY FARM BUREAU