WOOD 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

1968

Legal Domicile

Principal Officer

JERRY JACKSON

Phone

9037634533

Tax Period

2024-11-01 to 2025-10-31

WOOD COUNTY FARM BUREAU, founded in 1968, is a small nonprofit that reported $293K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

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.

Program Service Accomplishments

Program 1

Annual Meeting Held an annual meeting in which all members are invited. Purpose was to discuss relative local, statewide, and national agricultural issues, the importance of agriculture education...

Annual Meeting Held an annual meeting in which all members are invited. Purpose was to discuss relative local, statewide, and national agricultural issues, the importance of agriculture education, the business of the organization and current legislative issues as they relate to agriculture. Members of the county farm bureau, county farm bureau staff, county farm bureau voluntary leaders, Texas Farm Bureau staff and invited guests participated.

Program 2

Youth Livestock Show/Fair Contributed to local youth livestock show/fair. Purposes of the show are to promote responsibility, leadership skills and interest in raising farm animals for area youth.

Program 3

Ag Youth Programs Contributed to local FFA and or/ 4-H organizations. These organizations strive to help youth grow in leadership and responsibility through various programs, many in...

Ag Youth Programs Contributed to local FFA and or/ 4-H organizations. These organizations strive to help youth grow in leadership and responsibility through various programs, many in agriculture-related areas.

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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 $86,708

Program Service Revenue $0

Investment Income $2,370

Other Revenue $203,853

TOTAL REVENUE $292,931

Expense Breakdown

Grants Paid $17,652

Salaries & Benefits $174,068

Fundraising Expenses $0

Other Expenses $111,772

TOTAL EXPENSES $303,492

Year-over-Year Comparison

	2024	2023	Change
Revenue	$292,931	$342,886	-0.1%
Expenses	$303,492	$349,145	-0.1%
Net Income	$-10,561	$-6,259	+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
BRANDON BELL	PRESIDENT	2.00	Officer Director	$0	$0	$0
JERRY JACKSON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GRANT SADLER	DIRECTOR	1.00	Director	$0	$0	$0
MARK HICKS	DIRECTOR	1.00	Director	$0	$0	$0
COLIN BRADSHAW	DIRECTOR	1.00	Director	$0	$0	$0
KELLY CONLEY	DIRECTOR	1.00	Director	$0	$0	$0
KYLE HAYES	DIRECTOR	2.00	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	$292,931	$303,492	$378,627	$-10,561
2024	$342,886	$349,145	$389,955	$-6,259
2023	$337,866	$340,780	$405,142	$-2,914
2022	$312,404	$307,983	$408,936	$4,421
2021	$299,749	$275,906	$409,486	$23,843
2020	$287,113	$271,968	$389,621	$15,145