COLORADO 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

1919

Legal Domicile

Principal Officer

TAYLOR SZILAGYI

Phone

3037497500

Tax Period

2024-10-01 to 2025-09-30

COLORADO FARM BUREAU, founded in 1919, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Net assets of $8.5M represent 38 months of operating reserves.

Mission

TO ADVANCE THE INTEREST OF THE COLORADO FARM AND RANCH COMMUNITY. ACTIVITIES INCLUDE RESEARCH AND INQUIRY INTO THE FIELDS OF AGRICULTURE, INDUSTRY, COMMERCE, TRANSPORTATION, ECONOMIC AND POLITICAL RELATIONS.

Program Service Accomplishments

Program 1

Expenses: $2,234,886 Revenue: $890,990

GENERAL PROGRAM IS TO PROMOTE THE POSITION OF THE FARMING & RANCHING INDUSTRY IN COLORADO & THE NATION, ALSO PROVIDE MEMBERS WITH INFORMATION & STATUS RELATING TO THE FARMING INDUSTRY & TO EXPRESS...

GENERAL PROGRAM IS TO PROMOTE THE POSITION OF THE FARMING & RANCHING INDUSTRY IN COLORADO & THE NATION, ALSO PROVIDE MEMBERS WITH INFORMATION & STATUS RELATING TO THE FARMING INDUSTRY & TO EXPRESS CONCERNS OF THE MEMBERS TO THE STATE & NATIONAL ELECTED OFFICERS.

Program 2

Expenses: $75,052

MONTHLY PUBLICATIONS OF FARMING AND RANCHING ISSUES.

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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 $1,295

Program Service Revenue $868,217

Investment Income $618,949

Other Revenue $1,153,857

TOTAL REVENUE $2,642,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,229,384

Fundraising Expenses $0

Program Expenses $2,309,938

Other Expenses $1,461,259

TOTAL EXPENSES $2,690,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,642,318	$2,201,350	+0.2%
Expenses	$2,690,643	$2,475,706	+0.1%
Net Income	$-48,325	$-274,356	-0.8%

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

$329,877

Total Directors

$125,755

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLYLE CURRIER	PRESIDENT	25.00	Officer Director	$72,782	$0	$72,782
JAMES HENDERSON	VICE PRESIDENT	15.00	Officer Director	$36,123	$0	$36,123
CHARLES MINKLER	DIRECTOR	4.00	Director	$5,332	$0	$5,332
JASON VERMILLION	DIRECTOR	4.00	Director	$785	$0	$785
JAMES DONALD RICHARDS	DIRECTOR	4.00	Director	$0	$0	$0
CONSTANCE HASS	DIRECTOR/SECRETARY	4.00	Officer Director	$2,307	$0	$2,307
ROXANNE L MCCORMICK	STATE WOMAN'S LEADERSHIP C	4.00	Director	$3,737	$0	$3,737
CHAD MUSICK	DIRECTOR	4.00	Director	$0	$0	$0
ZANDON C BRAY	DIRECTOR/TREASURER	4.00	Officer Director	$3,646	$0	$3,646
DAVE BROWN	DIRECTOR	4.00	Director	$0	$0	$0
BRYAN KELLY	DIRECTOR	4.00	Director	$0	$0	$0
KREG VOLLMER	DIRECTOR	4.00	Director	$0	$0	$0
BRITA HORN	DIRECTOR	4.00	Director	$0	$0	$0
JACOB WALTER	DIRECTOR	4.00	Director	$0	$0	$0
NATHAN WEATHERS	DIRECTOR	4.00	Director	$1,043	$0	$1,043
GARY MELCHER	DIRECTOR	4.00	Director	$0	$0	$0
REESE MELTON	DIRECTOR	4.00	Director	$0	$0	$0
TAYLOR SZILAGYI	EXECUTIVE VICE PRESIDENT	40.00	Officer	$182,267	$32,752	$215,019
ASHLEY HOUSE	VICE PRESIDENT, ADVOCACY	40.00	Highest	$118,739	$14,194	$132,933

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	$2,642,318	$2,690,643	$9,098,127	$-48,325
2024	$2,201,350	$2,475,706	$8,843,566	$-274,356
2023	$2,003,404	$2,632,818	$8,160,850	$-629,414
2022	$2,246,483	$2,516,955	$7,935,083	$-270,472
2021	$2,127,778	$2,160,757	$9,886,340	$-32,979
2020	$2,399,996	$2,186,987	$8,438,821	$213,009
2019	$2,717,640	$2,153,147	$8,176,724	$564,493
2018	$2,461,894	$2,121,141	$7,904,230	$340,753