Ballard County Farm Bureau of Ballard County Inc
Nonprofit profile at a glance
- EIN
- 610462513
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- La Center, KY, USA
- Phone
- 2704434500
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Farm Bureau, Grange
Reported finances
- Revenue
- $36,328
- Expenses
- $32,811
- Assets
- $160,743
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- TODD WILLIAMS (President)
- WILLIAM GORDON (Vice President)
People named in this filing
- JUSTIN PUCKETT (Secretary)
- TODD WILLIAMS (President)
- WILLIAM GORDON (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide benefits for farm bureau members
What it reported doing in 2024
To promote agriculture in the community; promote and produce member's events.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.3%; rating input score 90
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.7%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 4.9; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -15.9% per year; rating input score 0; 21st percentile among comparable filings
- Revenue growth: 36.8% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 90.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $33K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.