MIDLAND COUNTY FARM BUREAU

EIN: 756025418

MIDLAND, TX

Total Revenue
$202,084
Total Expenses
$187,778
Total Assets
$304,816
Net Assets
$303,683
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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
1963
Legal Domicile
TX
Principal Officer
ARTHUR WIGHT II
Phone
4326871365
Tax Period
2024-11-01 to 2025-10-31

MIDLAND COUNTY FARM BUREAU, founded in 1963, is a small nonprofit that reported $202K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $188K left a modest 7% 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $36,178
Program Service Revenue $0
Investment Income $6,092
Other Revenue $159,814
TOTAL REVENUE $202,084

Expense Breakdown

Grants Paid $6,250
Salaries & Benefits $126,754
Fundraising Expenses $0
Other Expenses $54,774
TOTAL EXPENSES $187,778

Year-over-Year Comparison

2024 2023 Change
Revenue $202,084 $247,540 -0.2%
Expenses $187,778 $240,892 -0.2%
Net Income $14,306 $6,648 +1.2%
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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Governance

Voting Members
4
Independent Members
4
Employees
4
Volunteers
4

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARTHUR WIGHT II PRESIDENT 3.00
Officer Director
$0 $0 $0
J NOLAN HOWARD VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
MATT NORTON SECRETARY 3.00
Officer Director
$0 $0 $0
SEBASTIAN KIRKLAND TREASURER 3.00
Officer 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 $202,084 $187,778 $304,816 $14,306
2024 $247,540 $240,892 $291,405 $6,648
2023 $231,637 $230,533 $284,043 $1,104
2022 $218,724 $221,676 $282,842 $-2,952
2021 $278,342 $242,328 $285,806 $36,014
2020 $287,843 $230,485 $250,337 $57,358
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