ARKANSAS FARM BUREAU FOUNDATION

EIN: 814517307 501(c)(3) Food, Agriculture & Nutrition

LITTLE ROCK, AR

Total Revenue
$800,657
Total Expenses
$1,011,542
Total Assets
$1,204,836
Net Assets
$616,720
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
AR
Principal Officer
LEIGH PRUSS
Phone
5012244400
Tax Period
2023-11-01 to 2024-10-31

ARKANSAS FARM BUREAU FOUNDATION, founded in 2016, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $801K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.0M exceeded revenue, resulting in a 26% operating deficit.

Mission

ARKANSAS FARM BUREAU FOUNDATION (THE "FOUNDATION") IS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES TO FURTHER THE UNDERSTANDING OF AGRICULTURAL AND RURAL ISSUES, AND TO SUPPORT THE AGRICULTURAL AND RURAL COMMUNITY THROUGH FINANCIAL SUPPORT FOR EDUCATION, RESEARCH, LITIGATION, AND DISASTER RELIEF.

Program Service Accomplishments

Program 1
Expenses: $577,351

OTHER PROGRAM EXPENSES - TO PROVIDE CHARITABLE AND EDUCATIONAL ASSISTANCE TO FURTHER THE UNDERSTANDING OF AGRICULTURAL AND RURAL ISSUES, AND TO SUPPORT THE AGRICULTURAL AND RURAL COMMUNITY THROUGH...

Read more

OTHER PROGRAM EXPENSES - TO PROVIDE CHARITABLE AND EDUCATIONAL ASSISTANCE TO FURTHER THE UNDERSTANDING OF AGRICULTURAL AND RURAL ISSUES, AND TO SUPPORT THE AGRICULTURAL AND RURAL COMMUNITY THROUGH FINANCIAL SUPPORT FOR EDUCATION, RESEARCH, AND LITIGATION.

Program 2
Expenses: $117,205

FUTURE FARMERS OF AMERICA - THE ARKANSAS DEPARTMENT OF CAREER EDUCATION PROVIDES FUNDS TO THE FOUNDATION FOR THE PERSONNEL AND ADMINISTRATIVE SUPPORT AND OPERATION OF THE FUTURE FARMERS OF AMERICA...

Read more

FUTURE FARMERS OF AMERICA - THE ARKANSAS DEPARTMENT OF CAREER EDUCATION PROVIDES FUNDS TO THE FOUNDATION FOR THE PERSONNEL AND ADMINISTRATIVE SUPPORT AND OPERATION OF THE FUTURE FARMERS OF AMERICA (FFA) STUDENT LEADERSHIP ACTIVITIES. THE NATURE OF THIS PARTNERSHIP IS TO SUPPORT AND FOSTER COLLABORATIVE EFFORTS THAT PROMOTE THE FFA CAREER AND TECHNICAL STUDENT ORGANIZATION.

Program 3
Expenses: $100,626

MEDICAL APPLICATIONS OF SCIENCE FOR HEALTH (M*A*S*H) PROGRAMS HAVE EXPOSED MORE THAN 9,000 ARKANSAS HIGH SCHOOL STUDENTS TO HEALTH CAREER FIELDS SINCE 1988, WHEN IT WAS FIRST PILOTED BY UAMS IN PINE...

Read more

MEDICAL APPLICATIONS OF SCIENCE FOR HEALTH (M*A*S*H) PROGRAMS HAVE EXPOSED MORE THAN 9,000 ARKANSAS HIGH SCHOOL STUDENTS TO HEALTH CAREER FIELDS SINCE 1988, WHEN IT WAS FIRST PILOTED BY UAMS IN PINE BLUFF. EVERY SUMMER, OVER 500 11TH AND 12TH GRADE STUDENTS PARTICIPATE IN ONE OF THESE TWO-WEEK CAMPS, WHICH ARE OFFERED IN 30+ COMMUNITIES ACROSS ARKANSAS. COMMUNITY HEALTH APPLIED IN MEDICAL PUBLIC SERVICE (CHAMPS) IS A 3-5 DAY OPTION GEARED FOR YOUNGER STUDENTS (8TH - 10TH GRADE) IN SMALLER, MORE RURAL COMMUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $820,456
Program Service Revenue $0
Investment Income $34,912
Other Revenue $-54,711
TOTAL REVENUE $800,657

Expense Breakdown

Grants Paid $889,072
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,009,477
Other Expenses $122,470
TOTAL EXPENSES $1,011,542

Year-over-Year Comparison

2023 2022 Change
Revenue $800,657 $741,082 +0.1%
Expenses $1,011,542 $904,285 +0.1%
Net Income $-210,885 $-163,203 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
N/A
Employees
N/A
Volunteers
52

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
$225,504
Total Directors
16
$638,285
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JARROD YATES EXECUTIVE VICE PRESIDENT 1.00
Director
$0 $34,631 $251,431
RICH HILLMAN OUTGOING PRESIDENT 5.00
Officer Director
$0 $0 $164,279
DAN WRIGHT INCOMING PRESIDENT 3.00
Officer Director
$0 $0 $18,525
MIKE FREEZE VICE PRESIDENT 5.00
Officer Director
$0 $0 $24,500
TERRY DABBS INCOMING SECRETARY/PRESIDENT 1.00
Officer Director
$0 $0 $18,200
JON CARROLL DIRECTOR 1.00
Director
$0 $0 $13,100
DANA STEWART DIRECTOR 1.00
Director
$0 $0 $1,200
JACK EVANS DIRECTOR 1.00
Director
$0 $0 $19,800
SHERRY FELTS DIRECTOR 1.00
Director
$0 $0 $12,750
CHASE GROVES DIRECTOR 1.00
Director
$0 $0 $18,600
TERRY LASTER DIRECTOR 1.00
Director
$0 $0 $12,750
MEGAN ALLEN DIRECTOR 1.00
Director
$0 $0 $19,600
CALEB PLYLER DIRECTOR 1.00
Director
$0 $0 $18,700
JOE THRASH DIRECTOR 1.00
Director
$0 $0 $16,650
JASON HENSON DIRECTOR 1.00
Director
$0 $0 $20,700
BOB SHOFNER DIRECTOR 1.00
Director
$0 $0 $7,500
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
2024 $800,657 $1,011,542 $1,204,836 $-210,885
2023 $741,082 $904,285 $1,264,525 $-163,203
2022 $522,109 $379,915 $1,062,265 $142,194
2021 $239,852 $196,839 $923,766 $43,013
2020 $678,706 $598,647 $1,033,198 $80,059
2019 $727,970 $527,072 $724,167 $200,898
2018 $785,762 $538,714 $505,417 $247,048
Explore More Nonprofits
Top 100 Nonprofits in Arkansas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ARKANSAS FARM BUREAU FOUNDATION with other nonprofits in Arkansas and across the country.