FARM BUREAU FEDERATION MISSISSIPPI… - Form 990 Financial Data

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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

1924

Legal Domicile

Principal Officer

JOEY BRADSHAW

Phone

6016492800

Tax Period

2024-11-01 to 2025-10-31

FARM BUREAU FEDERATION MISSISSIPPI JONES COUNTY, founded in 1924, is a small nonprofit that reported $510K in total revenue in fiscal year 2024. Expenses of $437K left a modest 14% surplus.

Mission

TO UNITE THROUGH OUR MEMBERSHIP THOSE PEOPLE OR GROUPS OF PEOPLE WITH A COMMON INTEREST IN DEVELOPING AND IMPROVING THE ECONOMIC, SOCIAL AND EDUCATIONAL INTEREST OF THE FARMER.

Program Service Accomplishments

Program 1

WOMEN'S COMMITTEE PROGRAM:JONES COUNTY CONDUCTED SEVERAL PROGRAMS TO EDUCATE AND PROMOTE AGRICULTURE WITHIN THE COMMUNITY. EVENTS INCLUDED AG IN THE CLASSROOM COLORING CONTEST AND FINANCIAL AND FOOD SUPPORT FOR THE RONALD MCDONALD HOUSE. LADIES NIGHT OUT IS ATTENDED BY 40 MEMBERS. THIS AG PROMOTION EVENT FOCUSED ON THE FARM FAMILIES OF MS AND THE ORGANIZATION'S PARTICIPATION IN THE FOOD CHECK OFF DAY.

Program 2

SAFETY PROGRAMS: JONES COUNTY FARM BUREAU VOLUNTEER LEADERS HOSTED FIRE SAFETY, ATV, CPR, CHAINSAW, FARM/SHOP AND FATAL VISION CLASSES WITHIN THEIR COMMUNITY. THESE CLINICS REACHED HUNDREDS OF...

SAFETY PROGRAMS: JONES COUNTY FARM BUREAU VOLUNTEER LEADERS HOSTED FIRE SAFETY, ATV, CPR, CHAINSAW, FARM/SHOP AND FATAL VISION CLASSES WITHIN THEIR COMMUNITY. THESE CLINICS REACHED HUNDREDS OF INDIVIDUALS WITHIN THE COMMUNITY

Program 3

COMMODITY MEETINGS:JONES COUNTY FARM BUREAU ENCOURAGES VOLUNTEER MEMBERS TO ATTEND LEADERSHIP, COMMODITY, CONVENTIONS AND LEGISLATIVE CONFERENCES THAT HELP EDUCATE AND PROMOTE THE ORGANIZATION'S...

COMMODITY MEETINGS:JONES COUNTY FARM BUREAU ENCOURAGES VOLUNTEER MEMBERS TO ATTEND LEADERSHIP, COMMODITY, CONVENTIONS AND LEGISLATIVE CONFERENCES THAT HELP EDUCATE AND PROMOTE THE ORGANIZATION'S MISSION. AT THESE MEETING VOLUNTEERS DISCUSS ISSUES THAT HAVE AN IMPACT ON THE AGRICULTURAL INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $175,221

Program Service Revenue $316,305

Investment Income $17,918

Other Revenue $393

TOTAL REVENUE $509,837

Expense Breakdown

Grants Paid $0

Salaries & Benefits $224,883

Fundraising Expenses $0

Other Expenses $211,856

TOTAL EXPENSES $436,739

Year-over-Year Comparison

	2024	2023	Change
Revenue	$509,837	$496,578	+0.0%
Expenses	$436,739	$426,856	+0.0%
Net Income	$73,098	$69,722	+0.0%

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

Governance

Voting Members

Independent Members

Employees

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
ASHLEY WAGNON	DIRECTOR	2.00	Director	$0	$0	$0
BOB CULPEPPER	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS WALKER	DIRECTOR	2.00	Director	$0	$0	$0
HALEY THOMAS	DIRECTOR	2.00	Director	$0	$0	$0
JASON PICKERING	DIRECTOR	2.00	Director	$0	$0	$0
JOEY BRADSHAW	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHNNY T EVERETT	DIRECTOR	2.00	Director	$0	$0	$0
JOHNNY WATKINS	DIRECTOR	2.00	Director	$0	$0	$0
JOSH NEWCOMB	DIRECTOR	2.00	Director	$0	$0	$0
JOSH UPTON	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH PARKER	DIRECTOR	2.00	Director	$0	$0	$0
KIMBERLY TOLBERT	DIRECTOR	2.00	Director	$0	$0	$0
KIRBY MAULDIN	SECRETARY/ TREASURER	2.00	Officer Director	$0	$0	$0
LARRY JEFCOAT	DIRECTOR	2.00	Director	$0	$0	$0
MELINDA BRADSHAW	DIRECTOR	2.00	Director	$0	$0	$0
RANDALL COKER	SECRETARY	2.00	Officer Director	$0	$0	$0
REX BUCKHAULTS	DIRECTOR	2.00	Director	$0	$0	$0
ROGER JEFCOAT	DIRECTOR	2.00	Director	$0	$0	$0
RON GAVIN JR	DIRECTOR	2.00	Director	$0	$0	$0
SABRINA MAULDIN	DIRECTOR	2.00	Director	$0	$0	$0
SEAN BOE	DIRECTOR	2.00	Director	$0	$0	$0
SEAN MCDONALD	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SETH WALTERS	DIRECTOR	2.00	Director	$0	$0	$0
STAN NORWOOD	DIRECTOR	2.00	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	$509,837	$436,739	$804,575	$73,098
2024	$496,578	$426,856	$695,427	$69,722
2023	$437,198	$405,266	$606,703	$31,932
2022	$409,387	$372,906	$567,408	$36,481
2021	$398,371	$317,223	$544,005	$81,148
2020	$369,386	$311,573	$447,598	$57,813

FARM BUREAU FEDERATION MISSISSIPPI JONES COUNTY