KENTUCKY FARM BUREAU FEDERATION SIMPSON COUNTY (EIN 610482786) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Phone

2705868228

Tax Period

2023-08-01 to 2024-07-31

KENTUCKY FARM BUREAU FEDERATION SIMPSON COUNTY, founded in 2009, is a micro nonprofit that reported $24K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $55K exceeded revenue, resulting in a 131% operating deficit.

Mission

PROGRAMS FOR FARMERS

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $39,170

Program Service Revenue $0

Investment Income $333

Other Revenue $-15,570

TOTAL REVENUE $23,933

Expense Breakdown

Grants Paid $8,203

Salaries & Benefits $9,600

Fundraising Expenses $0

Program Expenses $43,208

Other Expenses $28,955

TOTAL EXPENSES $55,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,933	$87,591	-0.7%
Expenses	$55,179	$56,064	0.0%
Net Income	$-31,246	$31,527	-2.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
CHRIS KUMMER	PRESIDENT	005.00	Officer Director	$0	$0	$0
JOEL COOK	1ST VICE PRESIDENT	001.00	Officer Director	$0	$0	$0
JILL WILLINGHAM	WOMENS CHAIR	001.00	Director	$0	$0	$0
ALANE SNYDER	YOUNG FARMER CHAIR	001.00	Director	$0	$0	$0
LYNN CAUDILL	DIRECTOR	001.00	Director	$0	$0	$0
JOE GLEN CUSHENBERRY	DIRECTOR	001.00	Director	$0	$0	$0
JEFF BURR	2ND VICE PRESIDENT	001.00	Director	$0	$0	$0
JOHN EVANS	DIRECTOR	001.00	Director	$0	$0	$0
DARRELL UHLS	DIRECTOR	001.00	Director	$0	$0	$0
BRANDON DUFFER	DIRECTOR	001.00	Director	$0	$0	$0
JILL WILLINGHAM	DIRECTOR	001.00	Director	$0	$0	$0
JAY KUMMER	DIRECTOR	001.00	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	$23,933	$55,179	$496,569	$-31,246
2023	$87,591	$56,064	$527,815	$31,527
2022	$25,214	$43,659	$496,288	$-18,445
2021	$93,476	$35,341	$514,733	$58,135

KENTUCKY FARM BUREAU FEDERATION SIMPSON COUNTY