Kentucky Farm Bureau Federation

Nonprofit profile at a glance

EIN
610443949
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Louisville, KY, USA
Phone
5024955000
Rating confidence
Limited

Official website

Reported finances

Revenue
$16,606,598
Expenses
$15,542,269
Assets
$31,873,538
Liabilities
$12,528,198

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

46 people listed

Executive titles in this filing

  • MARK HANEY (PAST PRESIDENT)
  • LARRY CLARK (SECOND VICE PRESIDENT)
  • SHANE WISEMAN (FIRST VICE PRESIDENT)
  • EDDIE MELTON (PRESIDENT)
  • ALVAN D GRAHAM (EXECUTIVE VICE PRESIDENT)

Highest reported compensation

  • ALVAN D GRAHAM (EXECUTIVE VICE PRESIDENT): $649,309 total reported compensation
  • MATTHEW W INGRAM (DIVISION DIRECTOR): $320,177 total reported compensation
  • PHILIP R DOWDLE (FINANCE AND OPERATIONS DIRECTOR): $221,171 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kentucky farm bureau is a grassroots organization dedicated to serving our membership family and their communities. As the voice of agriculture, we identify problems, develop solutions, promote economic success, and enhance the quality of life for all.

What it reported doing in 2024

The Kentucky farm bureau federation was incorporated on february 15, 1921, under the laws of the commonwealth of Kentucky, as a non-profit organization without capital stock, for the advancement and improvement of agricultural and allied interests of the farmers of Kentucky. The federation is an organization of the various county farm bureaus of Kentucky and their members, and is supported by membership dues from these county units. Additional income is received from earnings on investments; from rental of office space; from royalties and licensing agreements; and from other sundry sources.the federation has the power to acquire and hold property; to accept gifts and bequests; to appropriate and expend funds for the advancement of farming and its allied interests; and to perform all acts necessary to carry out the purpose for which it was organized and which it is empowered to do under acts of the Kentucky legislature.at october 31, 2025, there were 474,549 paid memberships being served by the Kentucky farm bureau federation through their programs.the federation seeks to strengthen the future of agriculture in Kentucky by cultivating informed, engaged, and effective leaders across multiple generations through various programs, such as women in ag program, young farmer program and generation bridge program.

Operating model

Revenue model
Other-operating. 88% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 78
  • Accountability: 80
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 82.4%; rating input score 82; 17th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.4%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 2.05; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 15.9%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 1.6% per year; rating input score 100; 17th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 11th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 25th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 28 of 34 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $649K · 46 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $980K reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Operating margin scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.