WASHINGTON PARISH FARM BUREAU INC (EIN 720640251) - Form 990 Financial Analysis & Trantor Score

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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

1957

Legal Domicile

Principal Officer

FREDERICK N SMITH

Phone

9858394546

Tax Period

2024-01-01 to 2024-12-31

WASHINGTON PARISH FARM BUREAU INC, founded in 1957, is a small nonprofit that reported $295K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $261K left a modest 11% surplus.

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,081

Program Service Revenue $0

Investment Income $-10

Other Revenue $144,474

TOTAL REVENUE $294,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $136,756

Fundraising Expenses $0

Other Expenses $122,396

TOTAL EXPENSES $260,763

Year-over-Year Comparison

	2024	2023	Change
Revenue	$294,545	$251,116	+0.2%
Expenses	$260,763	$266,456	0.0%
Net Income	$33,782	$-15,340	-3.2%

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
FREDERICK N SMITH	PRESIDENT	3.00	Officer Director	$0	$0	$0
RUSSELL CREEL	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
REED RILEY	SECRETARY	3.00	Officer Director	$0	$0	$0
PAUL ALFORD	BOARD MEMBER	3.00	Director	$0	$0	$0
MACK BROWN	BOARD MEMBER	3.00	Director	$0	$0	$0
BRYAN STAFFORD	BOARD MEMBER	3.00	Director	$0	$0	$0
AUBREY POSEY	BOARD MEMBER	3.00	Director	$0	$0	$0
KENNETH SMITH	BOARD MEMBER	3.00	Director	$0	$0	$0
WALTER SMITH	BOARD MEMBER	3.00	Director	$0	$0	$0
JASON SMITH	BOARD MEMBER	3.00	Director	$0	$0	$0
KENNETH RAY GILL	BOARD MEMBER	3.00	Director	$0	$0	$0
ARDEN BIRD	BOARD MEMBER	3.00	Director	$0	$0	$0
NICHOLAS B SMITH	BOARD MEMBER	3.00	Director	$0	$0	$0
PEYTON BLAKE FORTENBERRY	BOARD MEMBER	3.00	Director	$0	$0	$0
NATHAN MILLER	BOARD MEMBER	3.00	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	$294,545	$260,763	$333,979	$33,782
2023	$251,116	$266,456	$314,126	$-15,340
2022	$240,675	$248,864	$313,097	$-8,189
2021	$232,389	$219,652	$320,116	$12,737
2020	$228,200	$228,949	$303,965	$-749

WASHINGTON PARISH FARM BUREAU INC