Murray County Farm Bureau

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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

1942

Legal Domicile

Phone

5803692436

Tax Period

2024-09-01 to 2025-08-31

Murray County Farm Bureau, founded in 1942, is a small nonprofit that reported $116K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 46% operating margin.

Mission

IMPROVING THE LIVES OF RURAL OKLAHOMANS

Program Service Accomplishments

Program 1

Expenses: $11,551

CREATING PUBLIC AWARENESS FOR THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS

Program 2

Expenses: $2,889

IDENTIFYING AND ADVOCATING THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS

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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 $16,780

Program Service Revenue $0

Investment Income $9,021

Other Revenue $90,461

TOTAL REVENUE $116,262

Expense Breakdown

Grants Paid $10,865

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,440

Other Expenses $52,124

TOTAL EXPENSES $62,989

Year-over-Year Comparison

	2024	2023	Change
Revenue	$116,262	$79,474	+0.5%
Expenses	$62,989	$59,101	+0.1%
Net Income	$53,273	$20,373	+1.6%

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

N/A

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
BOB DRAKE	PRESIDENT	1.00	Officer Director	$0	$0	$0
KELLY OWENS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN HEALEY	DIRECTOR	1.00	Director	$0	$0	$0
KENT MCKENLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
JOE TOM DRAKE	DIRECTOR	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
2025	$116,262	$62,989	$644,791	$53,273
2024	$79,474	$59,101	$585,534	$20,373
2023	$121,073	$86,848	$570,660	$34,225
2022	$66,440	$49,797	$537,550	$16,643
2021	$79,538	$48,502	$529,206	$31,036
2020	$77,762	$54,186	$506,394	$23,576