Larue County Farm Bureau

Nonprofit profile at a glance

EIN
616034502
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Hodgenville, KY, USA
Phone
2705374144
Rating confidence
Limited

Reported finances

Revenue
$149,478
Expenses
$102,024
Assets
$437,178

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

Leadership & pay

4 people listed

Executive titles in this filing

  • DALE DOBSON (PRESIDENT)

People named in this filing

  • DALE DOBSON (PRESIDENT)
  • JEREMY HINTON (VICE PRESIDE)
  • CALEB RAGLAND (TREASURER)

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

Our mission - farm bureau is a voluntary organization of farm families and their allies dedicated to service as the voice of agriculture by identifying problems, devloping solutions and taking actions which will improve net farm income, achieve better economic opportunities and enhance the quality of life for all. Https://www/kyfb.com/federation/about-us/out-organization/

What it reported doing in 2024

Kentucky farm bureau has established a reputation as an effective advocate for its members. Its information products and member service programs are also well respected and highly successful. The organization's staying power has been the result of many factors, but the most important is the nature of farm bureau's leadership structure. Control of farm bureau, whether at the county, state or national level, is vested in the hands of agricultural producers, comprising the grass-roots leadership. Https://www.kyfb.com/federation/about-us/our-organization/

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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: 82
  • Sustainability: 75
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 31.7%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 4.29; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.4% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2019 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.