Bradford-union Swine & Cattle Sale Inc

Nonprofit profile at a glance

EIN
922132173
IRS 990 coverage
2023–2023
Forms available
Form 990 2023
Location
Starke, FL, USA
Phone
3522584035
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$538,322
Expenses
$523,432
Assets
$83,866
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • PAUL HUNTLEY (SWINE PRESIDENT)
  • DAVID HAMILTON (CATTLE PRESIDENT)

People named in this filing

  • PAUL HUNTLEY (SWINE PRESIDENT)
  • DAVID HAMILTON (CATTLE 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. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Bradford-Union Swine & Cattle Sale holds annual livestock shows and a sale for youth exhibition.

What it reported doing in 2023

The Bradford-Union Swine & Cattle Sale holds annual livestock shows and a sale for youth exhibition. standing in either 4-H or FFA, complete a record book, attend regular meetings, and participate in fundraisers that support the overall mission of the BUSCS. Exhibitors invest time and money in their projects nearly one year before the fair, and are paid a premium over market prices for their livestock by independent buyers. Throughout the process, exhibitors are responsible for the general care and well-being of their animals, meeting the requirements of the BUSCS and securing a buyer. Exhibitors learn responsibility, time mgmt financial management and a wide range of other life skills.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 44
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.2%; rating input score 97
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.8%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 97.2% of revenue deployed · 100% of spending went to programs
  • Governance: 127 of 127 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $540K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • 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.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Moderate — Sustainability: Operating margin scored 46/100.