RUTHERFORD COUNTY FARM BUREAU

EIN: 620346505

MURFREESBORO, TN

Total Revenue
$858,996
Total Expenses
$840,797
Total Assets
$824,187
Net Assets
$824,187
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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
1921
Legal Domicile
TN
Phone
6158931213
Tax Period
2024-01-01 to 2024-12-31

RUTHERFORD COUNTY FARM BUREAU, founded in 1921, is a small nonprofit that reported $859K in total revenue in fiscal year 2024.

Mission

ORGANIZED TO DEVELOP, FOSTER, PROMOTE, & PROTECT PROGRAMS FOR THE GENERAL WELFARE INCLUDING ECONOMIC, SOCIAL, & POLITICAL WELL BEING OF FARM PEOPLE.

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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 $776,510
Program Service Revenue $0
Investment Income $16,532
Other Revenue $65,954
TOTAL REVENUE $858,996

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $833,233
TOTAL EXPENSES $840,797

Year-over-Year Comparison

2024 2023 Change
Revenue $858,996 $844,150 +0.0%
Expenses $840,797 $859,366 0.0%
Net Income $18,199 $-15,216 -2.2%
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
36
Independent Members
36
Employees
N/A
Volunteers
90

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
33
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HASSEL SMITH PRESIDENT 2.00
Officer
$0 $0 $0
KEITH ELROD VICE PRESIDENT 1.50
Officer
$0 $0 $0
THOMAS CARTER WOODRUFF TREASURER 2.00
Officer
$0 $0 $0
CINDY AYERS DIRECTOR 1.00
Director
$0 $0 $0
JOHN L BATEY DIRECTOR 1.00
Director
$0 $0 $0
TEB BATEY DIRECTOR 1.00
Director
$0 $0 $0
MELINDA BLACK DIRECTOR 1.00
Director
$0 $0 $0
BILLY W BRACY DIRECTOR 1.00
Director
$0 $0 $0
EARNEST BROWN DIRECTOR 1.00
Director
$0 $0 $0
VERONICA BUCHANAN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT CANTERBURY DIRECTOR 1.00
Director
$0 $0 $0
LYNN DAVIS DIRECTOR 1.00
Director
$0 $0 $0
KEVIN FERGUSON DIRECTOR 1.00
Director
$0 $0 $0
EYVONNE HAYNES DIRECTOR 1.00
Director
$0 $0 $0
CHRIS HILLIS DIRECTOR 1.00
Director
$0 $0 $0
CHARLES HORD DIRECTOR 1.00
Director
$0 $0 $0
GLEN HUTCHINSON DIRECTOR 1.00
Director
$0 $0 $0
WILL HUTCHINSON DIRECTOR 1.00
Director
$0 $0 $0
DONALD L JERNIGAN DIRECTOR 1.00
Director
$0 $0 $0
EDWARD L JORDAN DIRECTOR 1.00
Director
$0 $0 $0
JAMES JASON LADD DIRECTOR 1.00
Director
$0 $0 $0
DAVID A LEE DIRECTOR 1.00
Director
$0 $0 $0
CRAIG LYNCH DIRECTOR 1.00
Director
$0 $0 $0
BILL MCBROOM DIRECTOR 1.00
Director
$0 $0 $0
WYATT MILLER DIRECTOR 1.00
Director
$0 $0 $0
DAVID MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
ANNALIESE OWEN DIRECTOR 1.00
Director
$0 $0 $0
CHARLOTTE Y PEAY DIRECTOR 1.00
Director
$0 $0 $0
MARILYN SPENCE DIRECTOR 1.00
Director
$0 $0 $0
TED THOMAS DIRECTOR 1.00
Director
$0 $0 $0
JACOB TIPTON DIRECTOR 1.00
Director
$0 $0 $0
LAURA VAUGHT DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL VAUGHT DIRECTOR 1.00
Director
$0 $0 $0
NOAH WEAVER DIRECTOR 1.00
Director
$0 $0 $0
FRANCILLE WHITWORTH DIRECTOR 1.00
Director
$0 $0 $0
MARVIN L WHITWORTH DIRECTOR 1.00
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
2025 No data No data No data No data
2025 No data No data No data No data
2024 $858,996 $840,797 $824,187 $18,199
2023 $844,150 $859,366 $805,988 $-15,216
2022 $802,066 $800,353 $821,204 $1,713
2021 $805,370 $788,446 $819,491 $16,924
2020 $784,639 $747,437 $802,567 $37,202
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