Jackson County Farm Bureau

Nonprofit profile at a glance

EIN
616036813
IRS 990-EZ coverage
2023–2023
Forms available
Form 990-EZ 2023
Location
Mc Kee, KY, USA
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Farm Bureau, Grange

Reported finances

Revenue
$75,227
Expenses
$62,374
Assets
$230,823
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Ralph Montgomery (President)
  • Eddie J Madden (Vice President)

People named in this filing

  • Ralph Montgomery (President)
  • Brenda Ayers (SecretaryTreasurer)
  • Eddie J Madden (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote & protect KY Farmers

What it reported doing in 2023

Attend District, State and National meetings to learn the latest farming, ranching & homemaking developments.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 20
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 18.5%; rating input score 18
  • Program expense ratio: 22.3%; rating input score 22

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 17.1%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 3.7; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

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

Details

  • Where the money goes: 18.5% of revenue deployed · 22.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $14K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 18/100.
  • High — Financial Efficiency: Program expense ratio scored 22/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.