KENTON COUNTY FARM BUREAU INC

EIN: 616033221

INDEPENDENCE, KY

Total Revenue
$72,581
Total Expenses
$138,929
Total Assets
$703,413
Net Assets
$702,115
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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
1978
Legal Domicile
KY
Principal Officer
CHRIS BACK
Phone
8593562161
Tax Period
2024-01-01 to 2024-12-31

KENTON COUNTY FARM BUREAU INC, founded in 1978, is a micro nonprofit that reported $73K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $139K exceeded revenue, resulting in a 91% operating deficit.

Mission

KENTON COUNTY FARM BUREAU INC., IS AN ORGANIZATION DEDICATED TO SERVING OUR MEMBERSHIP FAMILY AND THE COMMUNITY. AS THE VOICE OF AGRICULTURE, WE IDENTIFY PROBLEMS, DEVELOP SOLUTIONS, PROMOTE ECONOMIC SUCCESS, AND ENHANCE THE QUALITY OF LIFE FOR OUR LOCAL COMMUNITIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $69,641
Program Service Revenue $0
Investment Income $12,074
Other Revenue $-9,134
TOTAL REVENUE $72,581

Expense Breakdown

Grants Paid $56,539
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $82,390
TOTAL EXPENSES $138,929

Year-over-Year Comparison

2024 2023 Change
Revenue $72,581 $139,427 -0.5%
Expenses $138,929 $156,516 -0.1%
Net Income $-66,348 $-17,089 +2.9%
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

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Governance

Voting Members
12
Independent Members
12
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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS BACK PRESIDENT N/A
Officer Director
$0 $0 $0
ART DARNELL VICE PRESIDE N/A
Officer Director
$0 $0 $0
RAY VASKE TREASURER N/A
Officer Director
$0 $0 $0
KENNY BACH DIRECTOR N/A
Director
$0 $0 $0
JEAN ATKINS DIRECTOR N/A
Director
$0 $0 $0
RICK WILLIAMS DIRECTOR N/A
Director
$0 $0 $0
RICK MESINGSCHLAGER SECRETARY N/A
Director
$0 $0 $0
DAVE MILLER DIRECTOR N/A
Director
$0 $0 $0
RYAN BECRAFT DIRECTOR N/A
Director
$0 $0 $0
NATHAN BECRAFT DIRECTOR N/A
Director
$0 $0 $0
RODNEY KANNADY DIRECTOR N/A
Director
$0 $0 $0
RICK NITSCHKE DIRECTOR N/A
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 $72,581 $138,929 $703,413 $-66,348
2023 $139,427 $156,516 $769,761 $-17,089
2022 $155,117 $181,921 $786,850 $-26,804
2021 $525,970 $154,494 $813,653 $371,476
2020 $109,115 $149,699 $738,328 $-40,584
2019 $231,713 $209,917 $482,761 $21,796
2018 $213,213 $123,213 $460,968 $90,000
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