MILAM COUNTY FARM BUREAU (EIN 741147654) - 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

1949

Legal Domicile

Principal Officer

LANA MCDERMOTT

Phone

2546976488

Tax Period

2022-11-01 to 2023-10-31

MILAM COUNTY FARM BUREAU, founded in 1949, is a small nonprofit that reported $204K in total revenue in fiscal year 2022. Revenue decreased 5% compared to the prior year. Expenses of $181K left a modest 11% surplus.

Mission

PROMOTING 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 (2022)

Revenue Breakdown

Contributions & Grants $91,200

Program Service Revenue $0

Investment Income $3,269

Other Revenue $109,155

TOTAL REVENUE $203,624

Expense Breakdown

Grants Paid $3,205

Salaries & Benefits $79,127

Fundraising Expenses $0

Other Expenses $98,691

TOTAL EXPENSES $181,023

Year-over-Year Comparison

	2022	2021	Change
Revenue	$203,624	$214,563	-0.1%
Expenses	$181,023	$191,691	-0.1%
Net Income	$22,601	$22,872	0.0%

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

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
LANA MCDERMOTT	PRESIDENT	3.00	Officer Director	$0	$0	$0
RICHARD WILLINGHAM	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JANET CROUCH	SEC TREAS	3.00	Officer Director	$0	$0	$0
CLAY BARTON	DIRECTOR	3.00	Director	$0	$0	$0
MARILYN JOHNSON	DIRECTOR	3.00	Director	$0	$0	$0
FLOYD INGRAM	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH HOLLAS	DIRECTOR	2.00	Director	$0	$0	$0
DURWOOD TUCKER	DIRECTOR	3.00	Director	$0	$0	$0
LEROY STEPHENS	DIRECTOR	3.00	Director	$0	$0	$0
DAVID KOSTROUN	DIRECTOR	2.00	Director	$0	$0	$0
JAY BECKHUSEN	DIRECTOR	3.00	Director	$0	$0	$0
BRANDON VACULIN	DIRECTOR	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
2023	$203,624	$181,023	$237,622	$22,601
2022	$214,563	$191,691	$215,906	$22,872

MILAM COUNTY FARM BUREAU