TENNESSEE FARM BUREAU FEDERATION (EIN 620380840) - 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

1923

Legal Domicile

Principal Officer

ERIC MAYBERRY

Phone

9313887872

Tax Period

2023-10-01 to 2024-09-30

TENNESSEE FARM BUREAU FEDERATION, founded in 1923, is a mid-sized nonprofit that reported $14.1M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.3M, a strong 24% operating margin.

Mission

PROMOTE, PROTECT AND REPRESENT THE BUSINESS, ECONOMIC, SOCIAL AND EDUCATIONAL INTERESTS OF TENNESSEE 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 $0

Program Service Revenue $9,497,542

Investment Income $1,963,692

Other Revenue $2,631,496

TOTAL REVENUE $14,092,730

Expense Breakdown

Grants Paid $175,322

Salaries & Benefits $4,313,241

Fundraising Expenses $0

Other Expenses $6,289,263

TOTAL EXPENSES $10,777,826

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,092,730	$12,468,711	+0.1%
Expenses	$10,777,826	$10,522,837	+0.0%
Net Income	$3,314,904	$1,945,874	+0.7%

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

N/A

Employees

Volunteers

5000

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

$1,731,492

Total Directors

$551,382

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY COOK	TREASURER	3.00	Officer	$0	$256,712	$918,489
RHEDONA ROSE	EXECUTIVE VP/SECRETARY	40.00	Officer	$233,961	$219,821	$472,224
ERIC MAYBERRY	PRESIDENT	40.00	Officer Director	$83,968	$40,106	$313,441
JOE MCKINNON	DIRECTOR OF FIELD SERVICES	40.00	Highest	$158,242	$114,078	$272,320
WILLIAM BRYAN WRIGHT	DIRECTOR OF MEMBERSHIP	40.00	Highest	$132,062	$130,892	$262,954
LOUIS LEE MADDOX	DIRECTOR OF COMMUNICATIONS	40.00	Highest	$141,961	$61,064	$203,025
EDWARD CLARK	REGIONAL FIELD DIRECTOR	40.00	Highest	$110,792	$52,617	$163,409
DANIEL STRASSER	DIRECTOR OF SPECIAL PROGRAMS	40.00	Highest	$123,064	$39,747	$162,811
JOHN CHESTER	DIRECTOR	3.00	Director	$1,200	$0	$29,499
CHARLES HANCOCK	DIRECTOR	3.00	Director	$1,200	$0	$27,353
JOSH OGLE	DIRECTOR	3.00	Director	$1,200	$0	$27,353
JAMES HASKEW	VICE PRESIDENT	3.00	Officer Director	$1,400	$0	$27,338
TRAVIS TILLEY	DIRECTOR	3.00	Director	$1,400	$0	$26,633
DAVID RICHISIN	DIRECTOR	3.00	Director	$1,200	$0	$26,353
MIKE SCUDDER	DIRECTOR	3.00	Director	$1,300	$0	$26,169
CATHERINE VIA	DIRECTOR	3.00	Director	$1,000	$0	$15,961
TERRY SNYDER	DIRECTOR	3.00	Director	$1,300	$0	$15,791
BRENDA BAKER	DIRECTOR	3.00	Director	$1,000	$0	$15,491
TODD LITTLETON	DIRECTOR (FROM DEC '23)	3.00	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	$14,092,730	$10,777,826	$149,617,875	$3,314,904
2023	$12,468,711	$10,522,837	$142,750,610	$1,945,874
2022	$13,282,673	$9,403,936	$139,747,103	$3,878,737
2021	$12,173,337	$9,291,175	$127,985,651	$2,882,162
2020	$13,083,193	$9,817,814	$113,531,270	$3,265,379
2019	$12,152,256	$9,539,327	$100,467,084	$2,612,929
2018	$9,991,781	$10,399,015	$97,211,099	$-407,234

TENNESSEE FARM BUREAU FEDERATION