Martin County Farm BureauInc

Nonprofit profile at a glance

EIN
596177729
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Stuart, FL, USA
Phone
7722861038
Rating
42
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$111,621
Expenses
$105,217
Assets
$193,124
Liabilities
$65,462

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Adam Yingling (President)

People named in this filing

  • John Scott Long (Director)
  • Michelle McNally (Secretary)
  • William R Taylor (Director)

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

To promote, protect, and represent local business interests of farmers and ranchers of Martin County and to enhance the future of agriculture.

What it reported doing in 2024

Line 28) Farm-City Week celebrates the relationship

Operating model

Revenue model
Other-operating. 66% of the money available for current operations came from other operating revenue.
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 and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 7
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10.7%; rating input score 11
  • 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: 5.7%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.2% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 10.7% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 9 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 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.

Key Signals

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

  • High — Financial Efficiency: Mission deployment rate scored 11/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.