FARM BUREAU OF LAWRENCE COUNTY

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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

Principal Officer

ERNIE JONES

Phone

9317623809

Tax Period

2023-01-01 to 2023-12-31

FARM BUREAU OF LAWRENCE COUNTY, founded in 1921, is a small nonprofit that reported $283K in total revenue in fiscal year 2023. Expenses of $258K left a modest 9% surplus.

Mission

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

Program Service Accomplishments

Program 1

PUBLIC POLICY PROGRAMS IN ORDER TO PROTECT & PROMOTE THE AGRICULTURE INDUSTRY THE LAWRENCE CO FARM BUREAU THROUGH ITS STRUCTURE OF VOLUNTEER LEADERS SUPPORTS PUBLIC POLICY EFFORTS AT THE LOCAL, STATE & NATIONAL LEVEL. THIS IS ACCOMPLISHED THROUGH BOTH LEGISLATIVE & REGULATORY MONITORING COMMUNICATIONS WITH MEMBERS & PUBLIC AWARENESS PROGRAMS ABOUT FARMING & RURAL LIFE & PROVIDE INFORMATION ABOUT THE AGRICULTURE INDUSTRY. VOLUNTEER BOARD MEMBERS PARTICIPATE IN THE SPONSORSHIP OF MEET THE CANDIDATE ACTIVITIES & YEARLY POLICY MEETINGS WITH THEIR LEGISLATORS TO EDUCATE THEM ABOUT AG POLICY & HOW THE INDUSTRY IS IMPACTED BY LAWMAKERS.

Program 2

AGRICULTURE LEADERSHIP ACTIVITIES THE LAWRENCE COUNTY FARM BUREAU STRUCTURE OF ORGANIZATIONAL LEADERSHIP PROVIDES MANY OPPORTUNITIES FOR MEMBER LEADERS TO KEEP ABREAST OF ISSUES THAT AFFECT...

AGRICULTURE LEADERSHIP ACTIVITIES THE LAWRENCE COUNTY FARM BUREAU STRUCTURE OF ORGANIZATIONAL LEADERSHIP PROVIDES MANY OPPORTUNITIES FOR MEMBER LEADERS TO KEEP ABREAST OF ISSUES THAT AFFECT AGRICULTURE. LOCAL BOARD MEMBERS ATTEND ORGANIZATIONAL & EDUCATIONAL MEETINGS EACH MONTH. THEY PARTICIPATE IN OTHER LOCAL AGRICULTURAL, CIVIC, & COMMUNITY ORGANIZATIONS. LEADERS ATTEND DISTRICT, STATE & NATIONAL CONFERENCES TO NETWORK WITH FARMERS & OTHER AGRICULTURALISTS TO LEARN ABOUT CURRENT ISSUES FACING AGRICULTURE. A HIGHLY DEVELOPED COMMITTEE STRUCTURE PROVIDES LEADERSHIP OPPORTUNITIES FOR MEMBERS THROUGH MEETINGS, REGULAR COMMUNICATIONS, AND AGRICULTURAL ACTIVITIES.

Program 3

YOUTH LEADERSHIP DEVELOPMENT LAWRENCE COUNTY FARM BUREAU SUPPORTS YOUTH AGRICULTURE ORGANIZATIONS FINANCIALLY SUCH AS THE LAWRENCE COUNTY 4-H AND FUTURE FARMERS OF AMERICA. LAWRENCE COUNTY FARM...

YOUTH LEADERSHIP DEVELOPMENT LAWRENCE COUNTY FARM BUREAU SUPPORTS YOUTH AGRICULTURE ORGANIZATIONS FINANCIALLY SUCH AS THE LAWRENCE COUNTY 4-H AND FUTURE FARMERS OF AMERICA. LAWRENCE COUNTY FARM BUREAU ALSO GIVES A SCHLORSHIP EACH YEAR TO A SENIOR STUDENT WHO PLANS ON MAJORING IN AGRICULTURE. THE LAWRENCE COUNTY FARM BUREAU HAS A FARM DAY WHERE ELEMENTARY SCHOOL CHILDREN CAN COME AND SEE THE WORKING OF A REAL FARM AND HOW LIVESTOCK IS TAKEN CARE OF AND WHERE THEIR FOOD AND FIBER COME FROM. THIS IS AN EYE OPENING EXPERIENCE FOR THE CHILDREN TO SEE HOW IMPORTANT AGRICULTURE IS TO THE SUSTAINABILITY OF LIFE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $250,120

Program Service Revenue $0

Investment Income $73

Other Revenue $33,265

TOTAL REVENUE $283,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $255,678

TOTAL EXPENSES $258,064

Year-over-Year Comparison

	2023	2022	Change
Revenue	$283,458	$269,527	+0.1%
Expenses	$258,064	$252,744	+0.0%
Net Income	$25,394	$16,783	+0.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERNIE JONES	PRESIDENT	2.00	Director	$0	$0	$0
STAN THREET	VICE PRESIDENT	2.00	Director	$0	$0	$0
KENNETH POWELL	TREASURER	3.00	Director	$0	$0	$0
JOHNNY BARKSDALE	DIRECTOR	1.00	Director	$0	$0	$0
WILL HUDSON	DIRECTOR	1.00	Director	$0	$0	$0
LARRY MCANALLY	DIRECTOR	1.00	Director	$0	$0	$0
LARRY NIEDERGESES	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
TERRI WHITE	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
2024	No data	No data	No data	No data
2023	$283,458	$258,064	$667,381	$25,394
2022	$269,527	$252,744	$641,987	$16,783
2021	$268,844	$247,962	$625,204	$20,882
2020	$269,337	$234,337	$603,322	$35,000