BRAZORIA-GALVESTON COUNTY FARM BUREAU (EIN 741327018) - 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

1956

Legal Domicile

Principal Officer

WILLIAM LECOMPTE

Phone

9798499331

Tax Period

2024-11-01 to 2025-10-31

BRAZORIA-GALVESTON COUNTY FARM BUREAU, founded in 1956, is a small nonprofit that reported $400K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $386K left a modest 3% surplus.

Mission

To better the conditions and efficiency of agricultural producers and promote a wholesome and desirable rural life through education, information, and other such programs.

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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 $206,376

Program Service Revenue $0

Investment Income $44,327

Other Revenue $149,037

TOTAL REVENUE $399,740

Expense Breakdown

Grants Paid $59,737

Salaries & Benefits $84,882

Fundraising Expenses $0

Other Expenses $241,178

TOTAL EXPENSES $385,797

Year-over-Year Comparison

	2024	2023	Change
Revenue	$399,740	$751,999	-0.5%
Expenses	$385,797	$703,024	-0.5%
Net Income	$13,943	$48,975	-0.7%

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
WILLIAM LECOMPTE	PRESIDENT	3.00	Officer Director	$0	$0	$0
JAMES NORTHRUP	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
SHANNON SEFCIK	SEC TREAS	6.00	Officer Director	$0	$0	$0
JOE KLINKOVSKY	DIRECTOR	6.00	Director	$0	$0	$0
ALBERT MIKEL	DIRECTOR	2.00	Director	$0	$0	$0
CURT MOWERY	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK MCGAUGHEY	DIRECTOR	8.00	Director	$0	$0	$0
THOMAS BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM LEOPOLD	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
2025	$399,740	$385,797	$2,185,764	$13,943
2024	$751,999	$703,024	$2,171,821	$48,975
2023	$715,739	$673,789	$2,122,846	$41,950
2022	$694,316	$650,967	$2,080,896	$43,349
2021	$816,399	$693,590	$2,037,547	$122,809
2020	$1,369,357	$1,272,086	$1,914,777	$97,271

BRAZORIA-GALVESTON COUNTY FARM BUREAU