BT FARMS FOUNDATION 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

Formation Year

2021

Legal Domicile

Principal Officer

BECKY STEINHOFF

Tax Period

2023-01-01 to 2023-12-31

BT FARMS FOUNDATION INC, founded in 2021, is a small nonprofit in the Environment sector that reported $776K in total revenue in fiscal year 2023. Revenue surged 547% from the prior year, signaling strong growth momentum. The organization ran a surplus of $303K, a strong 39% operating margin.

Mission

CONDUCT CHARITABLE ACTIVITIES IN THE MADISON, WISCONSIN AREA, FOCUSING PRIMARILY ON A LARGE TRACT OF UNDEVELOPED FARMLAND AND CONSERVATION REAL ESTATE. ENGAGE IN LAND CONSERVATION AND EDUCATIONAL ACTIVITIES ALONG WITH PROTECTING PORTIONS OF THE PROPERTY CONSISTING OF WETLANDS TO PRESERVE THE NATURAL ENVIRONMENT FOR THE BENEFIT OF THE PUBLIC. IN ADDITION TO ITS CONSERVATION EFFORTS, EDUCATING THE PUBLIC (PRIMARILY CHILDREN, STUDENTS, AND FAMILIES) ABOUT NATURE, AGRICULTURE, AND ANIMAL LIFE. DEVELOP EDUCATIONAL PROGRAMMING FOR SCHOOL CHILDREN, AND THE PUBLIC. CREATE EDUCATIONAL ACTIVITIES FOCUSED ON NATURE AND BIOLOGICAL SYSTEMS.

Program Service Accomplishments

Program 1

Expenses: $448,268

Land conservation and educational activities along with protecting portions of the property consisting of wetlands to preserve the natural environment for the benefit of the public.

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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 (2023)

Revenue Breakdown

Contributions & Grants $775,833

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $775,833

Expense Breakdown

Grants Paid $1,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $448,268

Other Expenses $471,420

TOTAL EXPENSES $472,670

Year-over-Year Comparison

	2023	2022	Change
Revenue	$775,833	$120,000	+5.5%
Expenses	$472,670	$120,116	+2.9%
Net Income	$303,163	$-116	-2614.5%

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

N/A

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
BECKY STEINHOFF	PRESIDENT, DIRECTOR	10.0	Officer Director	$0	$0	$0
ANGELA WEHRLI	TREASURER, DIRECTOR	1.0	Officer Director	$0	$0	$0
MARK HELMER	SECRETARY, DIRECTOR	1.0	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
2024	No data	No data	No data	No data
2023	$775,833	$472,670	$303,047	$303,163
2022	$120,000	$120,116	$-116	$-116