IDAHO FARMHOUSE CLUB INC

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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

Principal Officer

STEVE SCHMIDT

Phone

2084669264

Tax Period

2024-09-01 to 2025-08-31

IDAHO FARMHOUSE CLUB INC is a small nonprofit that reported $150K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $70K, a strong 46% operating margin.

Mission

TO PROVIDE SUITABLE AND AFFORDABLE LODGING FOR CHAPTER MEMBERS OF FARMHOUSE FRATERNITY AT THE UNIVERSITY OF IDAHO IN MOSCOW, IDAHO

Program Service Accomplishments

Program 1

Expenses: $77,953

TO PROVIDE SUITABLE AND AFFORDABLE LODGING FOR CHAPTER MEMBERS OF FARMHOUSE FRATERNITY

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $150,021

TOTAL REVENUE $150,021

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $77,953

Other Expenses $80,325

TOTAL EXPENSES $80,325

Year-over-Year Comparison

	2024	2023	Change
Revenue	$150,021	$112,741	+0.3%
Expenses	$80,325	$92,180	-0.1%
Net Income	$69,696	$20,561	+2.4%

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

N/A

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
NICK WEBER	President	1.00	Officer Director	$0	$0	$0
MIKE CONKLIN	Vice President	1.00	Officer Director	$0	$0	$0
WAYNE WOHLER	Secretary	1.00	Officer Director	$0	$0	$0
STEVE SCHMIDT	Treasurer	1.00	Officer Director	$0	$0	$0
CAMERON RYFFEL	Director	1.00	Director	$0	$0	$0
TRAVIS PALMER	Director	1.00	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	$150,021	$80,325	$795,498	$69,696
2024	$112,741	$92,180	$730,840	$20,561
2023	$346,305	$62,994	$710,279	$283,311
2022	$5,199	$33,914	$426,968	$-28,715