COVINGTON COUNTY FARMERS FEDERATION

EIN: 630523367

ANDALUSIA, AL

Total Revenue
$84,760
Total Expenses
$31,301
Total Assets
$901,508
Net Assets
$901,508
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
AL
Principal Officer
BASIL W THOMPSON III
Phone
3348181068
Tax Period
2024-07-01 to 2025-06-30

COVINGTON COUNTY FARMERS FEDERATION, founded in 1947, is a micro nonprofit that reported $85K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 63% operating margin.

Mission

TO CREATE A COUNTY-WIDE ORGANIZATION TO ADVANCE & IMPROVE THE AGRICULTURE OF THE COUNTY; TO COOPERATE WITH AL FARMERS FEDERATION; TO DEVELOP A PROGRAM OF WORK THAT WILL BRING BETTER ECONOMIC, SOCIAL AND EDUCATIONAL CONDITIONS TO MAKE FARMING PROFITABLE AND RURAL LIFE ATTRACTIVE.

Program Service Accomplishments

Program 1
Expenses: $16,225

COMMODITY CONFERENCES, CONVENTIONS AND MEETINGS PROMOTING FARM EDUCATION AND PRODUCTS

Program 2
Expenses: $5,000

DONATIONS AND SCHOLARSHIPS

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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 $0
Program Service Revenue $41,881
Investment Income $42,879
Other Revenue $0
TOTAL REVENUE $84,760

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $4,000
Fundraising Expenses $0
Program Expenses $21,225
Other Expenses $22,301
TOTAL EXPENSES $31,301

Year-over-Year Comparison

2024 2023 Change
Revenue $84,760 $69,164 +0.2%
Expenses $31,301 $42,127 -0.3%
Net Income $53,459 $27,037 +1.0%
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
28
Independent Members
28
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
4
$4,000
Total Directors
26
$4,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOROTHY THOMPSON ASSISTANT SE 10.00
Officer Director
$4,000 $0 $4,000
CHRIS ADAMS DIRECTOR N/A
Director
$0 $0 $0
BOB BALLARD SECRETARY/TR N/A
Officer Director
$0 $0 $0
KARL BROWN DIRECTOR N/A
Director
$0 $0 $0
DAKOTA CARAWAY DIRECTOR N/A
Director
$0 $0 $0
JOEY HOLT DIRECTOR N/A
Director
$0 $0 $0
BASIL W THOMPSON III PRESIDENT N/A
Officer Director
$0 $0 $0
RICHARD JONES DIRECTOR N/A
Director
$0 $0 $0
ASHLEY KELLEY DIRECTOR N/A
Director
$0 $0 $0
MASON KELLEY DIRECTOR N/A
Director
$0 $0 $0
NOLAN LAIRD DIRECTOR N/A
Director
$0 $0 $0
BRETT MACK DIRECTOR N/A
Director
$0 $0 $0
RANDALL MCCART DIRECTOR N/A
Director
$0 $0 $0
SIDNEY MCKATHAN DIRECTOR N/A
Director
$0 $0 $0
KENNETH NORTHEY DIRECTOR N/A
Director
$0 $0 $0
JIMMY RODGERS DIRECTOR N/A
Director
$0 $0 $0
MORGAN RODGERS DIRECTOR N/A
Director
$0 $0 $0
DILLON ROLAND VICE PRESIDE N/A
Officer Director
$0 $0 $0
GARRETT ROLAND DIRECTOR N/A
Director
$0 $0 $0
DANNY SIGHTLER DIRECTOR N/A
Director
$0 $0 $0
ROGER SIGHTLER DIRECTOR N/A
Director
$0 $0 $0
LARRY STALLINGS DIRECTOR N/A
Director
$0 $0 $0
BRIAN WHITEHURST DIRECTOR N/A
Director
$0 $0 $0
RICKY WIGGINS DIRECTOR N/A
Director
$0 $0 $0
RUSSELL WIGGINS DIRECTOR N/A
Director
$0 $0 $0
FARRELL WRIGHT DIRECTOR N/A
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 $84,760 $31,301 $901,508 $53,459
2024 $69,164 $42,127 $848,049 $27,037
2023 $51,747 $26,874 $821,012 $24,873
2022 $45,960 $42,154 $796,139 $3,806
2021 $55,742 $20,569 $792,333 $35,173
2020 $61,672 $42,009 $757,160 $19,663
2019 $49,429 $43,024 $737,497 $6,405
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