THE BOYD COUNTY FARM BUREAU INC

EIN: 616033242

Ashland, KY

Total Revenue
$141,056
Total Expenses
$133,858
Total Assets
$777,265
Net Assets
$776,192
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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
1991
Legal Domicile
KY
Tax Period
2025-01-01 to 2025-12-31

THE BOYD COUNTY FARM BUREAU INC, founded in 1991, is a small nonprofit that reported $141K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. Expenses of $134K left a modest 5% surplus.

Mission

PROVIDE INSURANCE COVERAGE FOR ITS MEMBERS

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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 (2025)

Revenue Breakdown

Contributions & Grants $116,619
Program Service Revenue $0
Investment Income $12,155
Other Revenue $12,282
TOTAL REVENUE $141,056

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,878
Fundraising Expenses $0
Program Expenses $133,858
Other Expenses $102,980
TOTAL EXPENSES $133,858

Year-over-Year Comparison

2025 2024 Change
Revenue $141,056 $150,003 -0.1%
Expenses $133,858 $152,549 -0.1%
Net Income $7,198 $-2,546 -3.8%
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

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Governance

Voting Members
7
Independent Members
7
Employees
1
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
0
$0
Total Directors
0
$0
Key Employees
1
$28,601
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENDA DIXON SECRETARY 0.00
Key Emp
$0 $0 $28,601
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
2025 $141,056 $133,858 $777,265 $7,198
2024 $150,003 $152,549 $769,939 $-2,546
2023 $152,985 $163,846 $765,268 $-10,861
2022 $177,000 $161,569 $776,129 $15,431
2021 $241,237 $167,416 $760,608 $73,821
2020 $252,145 $159,870 $686,710 $92,275
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