MS FARM BUREAU FEDERATION BALLOTED MEASURE POLITICAL ISSUE COMMITTEE

EIN: 640826275

JACKSON, MS

Total Revenue
$92,754
Total Expenses
$45,377
Total Assets
$1,042,534
Net Assets
$1,042,534
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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
1992
Legal Domicile
MS
Principal Officer
KALEB DEESE
Phone
6019773200
Tax Period
2024-11-01 to 2025-10-31

MS FARM BUREAU FEDERATION BALLOTED MEASURE POLITICAL ISSUE COMMITTEE, founded in 1992, is a micro nonprofit that reported $93K in total revenue in fiscal year 2024. The organization ran a surplus of $47K, a strong 51% operating margin.

Mission

TO ENCOURAGE OR DISCOURAGE ADOPTION OF BALLOTED MEASURES AFFECTING MEMBERS.

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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 $54,991
Program Service Revenue $0
Investment Income $37,763
Other Revenue $0
TOTAL REVENUE $92,754

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $45,377
TOTAL EXPENSES $45,377

Year-over-Year Comparison

2024 2023 Change
Revenue $92,754 $90,431 +0.0%
Expenses $45,377 $35,905 +0.3%
Net Income $47,377 $54,526 -0.1%
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
25
Employees
N/A
Volunteers
25

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
7
$902,466
Total Directors
28
$950,466
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETTY MILLS DIRECTOR 1.00
Director
$0 $0 $4,400
CRAIG CANULL DIRECTOR 1.00
Director
$0 $0 $2,800
DANNY HOLLEY DIRECTOR 1.00
Director
$0 $0 $2,800
DONALD GANT VICE-PRESIDENT 1.00
Officer Director
$0 $0 $6,400
DONALD LOWERY DIRECTOR 1.00
Director
$0 $0 $2,400
DOUG WILKERSON DIRECTOR 0.00
Director
$0 $0 $0
DR JIM PERKINS DIRECTOR 1.00
Director
$0 $0 $2,000
GADSTON CROOM DIRECTOR 1.00
Director
$0 $0 $1,200
GENE BOONE DIRECTOR 1.00
Director
$0 $0 $1,200
GENE NUNNERY DIRECTOR 1.00
Director
$0 $0 $2,800
JAMES RASBERRY DIRECTOR 1.00
Director
$0 $0 $2,000
JAY SLATER DIRECTOR 1.00
Director
$0 $0 $4,800
JEFF EASTERLING VICE-PRESIDENT 1.00
Officer Director
$0 $0 $6,400
JIMBO NEWMAN DIRECTOR 1.00
Director
$0 $0 $2,800
JOHN MCKEE DIRECTOR 1.00
Director
$0 $0 $2,400
KALEB DEESE TREASURER 1.00
Officer Director
$0 $72,644 $234,384
KENNETH LOGGINS DIRECTOR 1.00
Director
$0 $0 $2,400
KENT BLOODWORTH SECRETARY 1.00
Officer Director
$0 $70,184 $305,913
LARRY JEFCOAT DIRECTOR 1.00
Director
$0 $0 $2,800
LOUIS BREAUX IV DIRECTOR 1.00
Director
$0 $0 $2,000
MARGARET WEBB DIRECTOR 1.00
Director
$0 $0 $1,600
MIKE MCCORMICK PRESIDENT 1.00
Officer Director
$0 $47,694 $341,369
PAUL MULLINS DIRECTOR 0.00
Director
$0 $0 $0
SCOTT O'BRIAN DIRECTOR 1.00
Officer Director
$0 $0 $2,000
SETH BRAGG DIRECTOR 1.00
Director
$0 $0 $2,800
TED KENDALL IV VICE-PRESIDENT 1.00
Officer Director
$0 $0 $6,000
TRIPP THOMAS DIRECTOR 1.00
Director
$0 $0 $2,400
WILL MCMILLAN DIRECTOR 1.00
Director
$0 $0 $2,400
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 $92,754 $45,377 $1,042,534 $47,377
2024 $90,431 $35,905 $984,529 $54,526
2023 $66,930 $28,205 $906,125 $38,725
2022 $81,976 $35,350 $856,150 $46,626
2021 $87,136 $31,017 $864,420 $56,119
2020 $96,113 $46,663 $812,840 $49,450
2019 $89,349 $48,457 $770,926 $40,892
2018 $103,924 $19,184 $705,830 $84,740
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