New York Farm Bureau Inc

Nonprofit profile at a glance

EIN
150539109
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Albany, NY, USA
Phone
5184368495
Rating confidence
Limited

Official website

Reported finances

Revenue
$3,317,190
Expenses
$3,825,955
Assets
$25,371,630
Liabilities
$3,454,139

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

Leadership & pay

23 people listed

Executive titles in this filing

  • DAVID FISHER (PRESIDENT)
  • ERIC OOMS (VICE PRESIDENT)
  • DEANNA FOX (CEO (APRIL - NOV 2024))

Highest reported compensation

  • DEANNA FOX (CEO (APRIL - NOV 2024)): $242,693 total reported compensation
  • DEBRA REMY (COO/CFO): $168,288 total reported compensation
  • JEFF WILLIAMS (DIRECTOR OF PUBLIC POLICY): $147,256 total reported compensation

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

Overview

Mission

"to serve and strengthen agriculture".

What it reported doing in 2024

The member relations and county managers programs provide opportunities for New York farm bureau, inc.'s members to gather together around agricultural issues of common interest. The member relations and county managers programs employ field advisors that work with local county farm bureau members to support their efforts. Additionally, the member relations and county managers programs operate several regional offices that provide meeting space, accounting, and bookkeeping services to local county farm bureaus, allowing members to coordinate efforts regionally. The member services and county managers programs also coordinate the New York farm bureau inc. State annual meeting. Delegates elected by county farm bureaus from throughout the state (continued on schedule o)(continued from part iii) determine and vote on the priority issues that New York farm bureau, inc. Will address in upcoming year.

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: 89
  • Accountability: 96
  • Sustainability: 38
  • Growth: 20

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; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • 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: 93.3%; rating input score 93; 24th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -15.3%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 6.63; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 17.7%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -6.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 14 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $243K · 23 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 12 of 12 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 20 filed money-flow records
  • Related organizations: 3 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.

Key Signals

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

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.