KENTUCKY FARM BUREAU FEDERATION MCCRACKEN COUNTY FARM BUREAU

EIN: 616055260

PADUCAH, KY

Total Revenue
$270,676
Total Expenses
$138,829
Total Assets
$845,196
Net Assets
$841,442
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
KY
Principal Officer
DEWAIN GIPSON
Phone
2709947544
Tax Period
2024-11-01 to 2025-10-31

KENTUCKY FARM BUREAU FEDERATION MCCRACKEN COUNTY FARM BUREAU, founded in 1950, is a small nonprofit that reported $271K in total revenue in fiscal year 2024. Revenue surged 134% from the prior year, signaling strong growth momentum. The organization ran a surplus of $132K, a strong 49% operating margin.

Mission

FARM BUREAU IS A VOLUNTARY ORGANIZATION OF FARM FAMILIES AND THEIR ALLIES DEDICATED TO SERVING AS THE VOICE OF AGRICULTURE BY IDENTIFYING PROBLEMS, DEVELOPING SOLUTIONS AND TAKING ACTIONS WHICH WILL IMPROVE NET FARM INCOME, ACHIEVE BETTER ECONOMIC OPPORTUNITIES AND ENHANCE THE QUALITY OF LIFE FOR ALL.

Program Service Accomplishments

Program 1

FARM BUREAU HAS NO PROGRAM SERVICES

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $218,287
Investment Income $30,026
Other Revenue $22,363
TOTAL REVENUE $270,676

Expense Breakdown

Grants Paid $17,917
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $120,912
TOTAL EXPENSES $138,829

Year-over-Year Comparison

2024 2023 Change
Revenue $270,676 $115,578 +1.3%
Expenses $138,829 $141,771 0.0%
Net Income $131,847 $-26,193 -6.0%
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

Sign In

Governance

Voting Members
16
Independent Members
16
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
11
$10,585
Total Directors
16
$10,585
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETTIE BEAN SECRETARY/TR 1.00
Officer Director
$8,785 $0 $8,785
JW GOODWIN DIRECTOR 1.00
Officer Director
$1,200 $0 $1,200
DEWAIN GIPSON PRESIDENT 1.00
Officer Director
$600 $0 $600
DAVID BAUMER DIRECTOR 1.00
Officer Director
$0 $0 $0
LESLIE BEAN DIRECTOR 1.00
Officer Director
$0 $0 $0
WAYNE ELLIOTT DIRECTOR 1.00
Officer Director
$0 $0 $0
DANIEL EDWARDS DIRECTOR 1.00
Director
$0 $0 $0
DONALD EDWARDS DIRECTOR 1.00
Director
$0 $0 $0
JOSH GOODWIN DIRECTOR 1.00
Officer Director
$0 $0 $0
KATIE GIPSON DIRECTOR 1.00
Director
$0 $0 $0
TED KALER DIRECTOR 1.00
Officer Director
$0 $0 $0
GRACEY MOFFITT DIRECTOR 1.00
Director
$0 $0 $0
ROBIE SCHEER DIRECTOR 1.00
Director
$0 $0 $0
JOE WALTERS DIRECTOR 1.00
Officer Director
$0 $0 $0
WYATT WOOD DIRECTOR 1.00
Officer Director
$0 $0 $0
STEPHEN WURTH DIRECTOR 1.00
Officer 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
2025 $270,676 $138,829 $845,196 $131,847
2024 $115,578 $141,771 $709,698 $-26,193
2023 $133,594 $149,303 $751,033 $-15,709
2023 $2,959 $7,762 $736,955 $-4,803
2022 $113,448 $143,950 $756,751 $-30,502
2021 $184,145 $144,311 $790,812 $39,834
2020 $119,593 $94,283 $749,590 $25,310
2019 $143,174 $112,767 $721,669 $30,407
2018 $134,262 $145,385 $691,227 $-11,123
Explore More Nonprofits
→Top 100 Nonprofits in Kentucky →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KENTUCKY FARM BUREAU FEDERATION MCCRACKEN COUNTY FARM BUREAU with other nonprofits in Kentucky and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.