CULLMAN COUNTY FARMERS FEDERATION

EIN: 630373334

CULLMAN, AL

Total Revenue
$144,590
Total Expenses
$118,386
Total Assets
$699,805
Net Assets
$699,805
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
AL
Principal Officer
LEE HAYNES
Phone
2567344660
Tax Period
2023-08-01 to 2024-07-31

CULLMAN COUNTY FARMERS FEDERATION, founded in 1955, is a small nonprofit that reported $103K in total revenue in fiscal year 2017. Net assets of $767K represent 90 months of operating reserves.

Mission

AID & DEVELOPMENT OF AGRICULTURE IN CULLMAN COUNTY, AL

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $101,861
Program Service Revenue $0
Investment Income $17,679
Other Revenue $25,050
TOTAL REVENUE $144,590

Expense Breakdown

Grants Paid $14,400
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,171
Other Expenses $103,986
TOTAL EXPENSES $118,386

Year-over-Year Comparison

2023 2022 Change
Revenue $144,590 $129,725 +0.1%
Expenses $118,386 $115,760 +0.0%
Net Income $26,204 $13,965 +0.9%
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

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Governance

Voting Members
20
Independent Members
20
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN HAYNES EXECUTIVE N/A
Director
$0 $0 $0
GREG KEY EXECUTIVE N/A
Director
$0 $0 $0
TIM DONALDSON VICE-PRESIDE N/A
Officer
$0 $0 $0
BILLY GILLEY SECRETARY/TR N/A
Officer
$0 $0 $0
LEE HAYNES PRESIDENT N/A
Officer
$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 $144,590 $118,386 $699,805 $26,204
2023 $129,725 $115,760 $673,601 $13,965
2022 $133,067 $98,697 $877,593 $34,370
2021 $134,858 $96,424 $843,223 $38,434
2020 $127,857 $96,384 $804,789 $31,473
2019 $108,329 $101,598 $773,316 $6,731
2018 $102,639 $112,335 $766,585 $-9,696
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