FAULKNER COUNTY FARM BUREAU

EIN: 710265247

CONWAY, AR

Total Revenue
$482,312
Total Expenses
$480,153
Total Assets
$1,148,960
Net Assets
$1,088,038
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
AR
Principal Officer
CHRIS SCHAEFERS
Phone
5013295681
Tax Period
2023-11-01 to 2024-10-31

FAULKNER COUNTY FARM BUREAU, founded in 1966, is a small nonprofit that reported $405K in total revenue in fiscal year 2019. The organization ran a surplus of $67K, a strong 17% operating margin.

Mission

AGRICULTURAL PROMOTION

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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 $0
Program Service Revenue $110,467
Investment Income $0
Other Revenue $371,845
TOTAL REVENUE $482,312

Expense Breakdown

Grants Paid $6,762
Salaries & Benefits $313,808
Fundraising Expenses $0
Other Expenses $159,583
TOTAL EXPENSES $480,153

Year-over-Year Comparison

2023 2022 Change
Revenue $482,312 $423,166 +0.1%
Expenses $480,153 $412,335 +0.2%
Net Income $2,159 $10,831 -0.8%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
8
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
3
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS SCHAEFERS PRESIDENT 0.50
Officer Director
$0 $0 $0
MICHAEL LEE VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
MATT SIMON SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
JIM BAKER MEMBER 0.50
Director
$0 $0 $0
CHRIS ACRE MEMBER 0.50
Director
$0 $0 $0
JERRELL COKER MEMBER 0.50
Director
$0 $0 $0
BILL DODGEN MEMBER 0.50
Director
$0 $0 $0
ROCKY HARRELL MEMBER 0.50
Director
$0 $0 $0
REED KELLEY MEMBER 0.50
Director
$0 $0 $0
TRAVIS BURCHFIELD MEMBER 0.50
Director
$0 $0 $0
BILL HUMPHREY MEMBER 0.50
Director
$0 $0 $0
JOE THRASH MEMBER 0.50
Director
$0 $0 $0
MARK WILCOX MEMBER 0.50
Director
$0 $0 $0
PRESTON SCROGGIN MEMBER 0.50
Director
$0 $0 $0
BRIAN WILLIAMS MEMBER 0.50
Director
$0 $0 $0
ROBERT DOWNEY MEMBER 0.50
Director
$0 $0 $0
STEVE SIMON MEMBER 0.50
Director
$0 $0 $0
HANK CHANEY MEMBER 0.50
Director
$0 $0 $0
MELANIE MALONE MEMBER 0.50
Director
$0 $0 $0
SCOTT SCHWARTZ MEMBER 0.50
Director
$0 $0 $0
GARRETT MOIX MEMBER 0.50
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
2024 $482,312 $480,153 $1,148,960 $2,159
2023 $423,166 $412,335 $1,160,618 $10,831
2022 $396,448 $357,771 $1,116,448 $38,677
2021 $399,551 $320,068 $1,078,545 $79,483
2020 $405,221 $338,222 $999,938 $66,999
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