Tennessee Farm Bureau Federation

Nonprofit profile at a glance

EIN
620380840
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Columbia, TN, USA
Phone
9313887872
Rating confidence
Limited

Official website

Reported finances

Revenue
$15,603,845
Expenses
$11,627,712
Assets
$168,318,774
Liabilities
$17,907,881

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

Leadership & pay

18 people listed

Executive titles in this filing

  • ERIC MAYBERRY (PRESIDENT)
  • JAMES HASKEW (VICE PRESIDENT)

Highest reported compensation

  • JERRY COOK (TREASURER): $744,680 total reported compensation
  • WILLIAM BRYAN WRIGHT (EXECUTIVE VP/SECRETARY): $363,382 total reported compensation
  • ERIC MAYBERRY (PRESIDENT): $245,176 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 develop, foster, promote and protect programs for the general welfare, including economic, social, educational and political well-being of farm people of the great state of Tennessee.

What it reported doing in 2024

Special programs - leadership development is foundational to fulfilling our mission. Tennessee farm bureau federation has demonstrated statewide leadership through the establishment of Tennessee ag and forestry leadership program as an elite, professional development leadership training course for farmers, foresters and agriculturalists in our state. Farm bureau has trained and equipped farmer leaders, staff, and committee members with the skills needed to lead effectively while advocating for agricultural issues. Leadership development opportunities are offered through state and national annual meetings, farm bureau women, and young farmers and ranchers, as well as issue-specific and position-specific training programs. Additionally, staff conduct local training for new county presidents, boards, and committee members, while collaborating with agricultural partners to deliver regional leadership programs that strengthen informed leadership across Tennessee.

Operating model

Revenue model
Earned-program. 70% of the money available for current operations came from fees and other program 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: 83
  • Accountability: 32
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 4th 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: 71.4%; rating input score 71; 14th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: 25.5%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 14.48; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 12.8%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.2% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: 6.9% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 11 board members independent · 7 of 9 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $745K · 18 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.4M reported
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 24 filed money-flow records
  • Related organizations: 20 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.

  • High — Accountability: Independent voting board scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 12/100.