Lucas County Farm Bureau

Nonprofit profile at a glance

EIN
346526754
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2021, Form 990-EZ 2024
Location
Woodville, OH, USA
Phone
4198338015
Rating
54
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$103,068
Expenses
$101,733
Assets
$455,939
Liabilities
$9,382

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Mike Hannewald (Vice President)
  • Rita Myers (President)

People named in this filing

  • Emily Stevens (Organization Director)
  • Tom Creque (Trustee)
  • Mike Hannewald (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

Improve rural standard of living

What it reported doing in 2024

Membership - Costs of promoting Farm Bureau and its mission. Promotionof Farm Bureau programs and events in order to educate the farmerand consumer in current farming and food issues.

Operating model

Revenue model
Membership-supported. 67% of the money available for current operations came from membership dues.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 36
  • Transparency & Controls: 82
  • Sustainability: 53
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.5%; rating input score 57
  • 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: 1.3%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 4.48; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -12.6% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 56.5% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.