Licking County Farm Bureau Inc
- Assets
- $230.4k
- Revenue
- $150.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Zanesville, OH
- Founding
- 03/1931
- Data as of
- 06/2021
- EIN
- 31-6032919
Organization Overview
Licking County Farm Bureau Inc is located in Zanesville, OH. The organization was established in 1931. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Licking County Farm Bureau Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2021, Licking County Farm Bureau Inc generated $150.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $127.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE RURAL STANDARD OF LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BENEFITS PAID TO OR FOR MEMBERS - THIS IS PAID MEMBERSHIPS TO OHIO FARM BUREAU AND TO AMERICAN FARM BUREAU TO FURTHER THEIR EFFORTS IN PROGRAMMING AND PROMOTING THE FARMING COMMUNITY.
POSTAGE - NEWSLETTERS, PROMOTIONAL AND MARKETING OF FARM ISSUES AND CURRENT EVENTS.
PUBLIC RELATIONS - COST OF PROMOTING FARM BUREAU AND ITS MISSION. PROMOTION OF FARM BUREAU PROGRAMS AND EVENTS IN ORDER TO EDUCATE THE FARMER AND CONSUMER IN CURRENT FARMING AND FOOD ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Fracker Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Osterholt Vice President | OfficerTrustee | 1 | $0 |
Paul Davidson President | OfficerTrustee | 1 | $0 |
Cassandra Pearce Secretary | OfficerTrustee | 1 | $0 |
Kayla Jones Organization Director | Officer | 10 | $0 |
Kristy Hawthorne Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,538 |
| Investment income | $36,689 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $150,218 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $78,732 |
| Compensation of current officers, directors, key employees. | $271 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,379 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,785 |
| Travel | $94 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,420 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $469 |
| Insurance | $1,525 |
| All other expenses | $0 |
| Total functional expenses | $127,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,043 |
| Savings and temporary cash investments | $178,333 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $230,376 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $9,804 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,804 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $220,572 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allegan County Agricultural Society Allegan, MI | $6,554,669 | $2,889,339 |
Ohio Ecological Food And Farm Association Certification Columbus, OH | $723,448 | $1,998,099 |
Kentucky Corn Growers Association Eastwood, KY | $10,650,965 | $3,755,391 |
Producers Livestock Credit Assoc Columbus, OH | $13,618,291 | $3,463,725 |
Shiawassee County Agricultural Society Fairgrounds Corunna, MI | $378,234 | $1,529,003 |
Ohio Corn & Wheat Growers Assoc Delaware, OH | $2,239,785 | $1,312,659 |
Lapeer County Agricultural Society Imlay City, MI | $2,905,187 | $1,396,665 |
Saginaw County Agricultural Society Chesaning, MI | $2,433,080 | $855,880 |
Grange Acres Non Profit Housing Corporation Lansing, MI | $4,437,126 | $588,851 |
Pennsylvania Farm Bureau Camp Hill, PA | $1,861,154 | $698,058 |
Giving Tree Farm Inc Lansing, MI | $813,307 | $688,798 |
Association Of Specialty Cut Flower Growers Inc Oberlin, OH | $784,613 | $698,418 |