IBERIA PARISH FARM BUREAU INC

EIN: 720629337

BATON ROUGE, LA

Total Revenue
$304,037
Total Expenses
$303,165
Total Assets
$828,554
Net Assets
$747,844
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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
1956
Legal Domicile
LA
Principal Officer
BENSON LANGLINAIS
Phone
3373699315
Tax Period
2024-01-01 to 2024-12-31

IBERIA PARISH FARM BUREAU INC, founded in 1956, is a small nonprofit that reported $304K in total revenue in fiscal year 2024. Net assets of $748K represent 30 months of operating reserves.

Mission

FORMED FOR THE PROMOTION AND PROTECTION OF AGRICULTURE.

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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 $135,131
Program Service Revenue $0
Investment Income $11,172
Other Revenue $157,734
TOTAL REVENUE $304,037

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,308
Fundraising Expenses $0
Other Expenses $173,306
TOTAL EXPENSES $303,165

Year-over-Year Comparison

2024 2023 Change
Revenue $304,037 $285,221 +0.1%
Expenses $303,165 $319,375 -0.1%
Net Income $872 $-34,154 -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
18
Independent Members
18
Employees
8
Volunteers
18

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
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICKY GONSOULIN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BENSON LANGLINAIS PRESIDENT 2.50
Officer Director
$0 $0 $0
JENNIE GUIDRY WOMEN'S COMMITTEE CHAIR 1.00
Director
$0 $0 $0
QUAID BROUSSARD YF&R CHAIRMAN 1.00
Director
$0 $0 $0
RIVERS RODDY PATOUT BOARD MEMBER 1.00
Director
$0 $0 $0
JUAN SEGURA SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
RYAN DORE BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT FREEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MICAH GUIDRY BOARD MEMBER 1.00
Director
$0 $0 $0
TAYLOR BLANCHARD BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH CROCHET BOARD MEMBER 1.00
Director
$0 $0 $0
HUNT SIMON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN VIATOR BOARD MEMBER 1.00
Director
$0 $0 $0
RONALD GONSOULIN BOARD MEMBER 1.00
Director
$0 $0 $0
DRAKE VIATOR BOARD MEMBER 1.00
Director
$0 $0 $0
CHAD LANGLINAIS BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW MEKASH BOARD MEMBER 1.00
Director
$0 $0 $0
NEVIN LANDRY BOARD MEMBER 1.00
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
2024 $304,037 $303,165 $828,554 $872
2023 $285,221 $319,375 $840,714 $-34,154
2022 $268,901 $283,475 $878,003 $-14,574
2021 $287,050 $248,745 $889,929 $38,305
2020 $262,839 $266,333 $847,663 $-3,494
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