BOONE COUNTY FARM BUREAU (EIN 710330329) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

NICK SIMON

Phone

8707413488

Tax Period

2023-11-01 to 2024-10-31

BOONE COUNTY FARM BUREAU, founded in 1950, is a small nonprofit that reported $217K in total revenue in fiscal year 2021. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $41K, a strong 19% operating margin.

Mission

AGRICULTURAL PROMOTION

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $71,252

Investment Income $18,540

Other Revenue $193,155

TOTAL REVENUE $282,947

Expense Breakdown

Grants Paid $4,080

Salaries & Benefits $144,648

Fundraising Expenses $0

Other Expenses $71,452

TOTAL EXPENSES $220,180

Year-over-Year Comparison

	2023	2022	Change
Revenue	$282,947	$248,392	+0.1%
Expenses	$220,180	$206,076	+0.1%
Net Income	$62,767	$42,316	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
NICK SIMON	PRESIDENT	0.50	Officer Director	$0	$0	$0
NITA COOPER	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
VIRGINIA HULSEY	SECRETARY	0.50	Officer Director	$0	$0	$0
ALEX HALE	MEMBER	0.50	Director	$0	$0	$0
EMBRY RALEY	MEMBER	0.50	Director	$0	$0	$0
GARY COOPER	MEMBER	0.50	Director	$0	$0	$0
GARY WATKINS	MEMBER	0.50	Director	$0	$0	$0
GEORGETTA PATTON	MEMBER	0.50	Director	$0	$0	$0
JAMES WIDNER	MEMBER	0.50	Director	$0	$0	$0
JEFF ATKINSON	MEMBER	0.50	Director	$0	$0	$0
JIM HARP	MEMBER	0.50	Director	$0	$0	$0
JIM MILUM	MEMBER	0.50	Director	$0	$0	$0
JOE PATTIE	MEMBER	0.50	Director	$0	$0	$0
TYLER ROBINSON	MEMBER	0.50	Director	$0	$0	$0
MATT SHEKELS	MEMBER	0.50	Director	$0	$0	$0
MATT WIDNER	MEMBER	0.50	Director	$0	$0	$0
SARAH WATKINS	MEMBER	0.50	Director	$0	$0	$0
MICKEY UPTON	MEMBER	0.50	Director	$0	$0	$0
MIKE MCCLINTOCK	MEMBER	0.50	Director	$0	$0	$0
CALEB USERY	MEMBER	0.50	Director	$0	$0	$0
JUSTIN WILLIS	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	$282,947	$220,180	$600,059	$62,767
2023	$248,392	$206,076	$523,720	$42,316
2022	$216,841	$175,967	$486,816	$40,874

BOONE COUNTY FARM BUREAU