National Assn Of Farm Broadcasters
- Assets
- $5.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Platte City, MO
- Founding
- 03/1960
- Data as of
- 12/2021
- EIN
- 36-2497133
Organization Overview
National Assn Of Farm Broadcasters is located in Platte City, MO. The organization was established in 1960. 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. As of 12/2021, National Assn Of Farm Broadcasters employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Assn Of Farm Broadcasters is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, National Assn Of Farm Broadcasters generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) 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
NAFB EXISTS TO LEAD, PROMOTE, AND SUPPORT GROWTH IN AGRICULTURAL AND RURAL LIFESTYLE BROADCASTING FOR THE BENEFIT OF OUR MEMBERS, AUDIENCE AND INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTION-IN 2021, DUE TO THE COVID PANDEMIC THE ANNUAL WASHINGTON WATCH EVENT WAS NOT HELD. THE CONVENTION WAS CONDUCTED TO PROVIDE PROFESSIONAL IMPROVEMENT SESSIONS, GUEST PANELS, AND AWARD CEREMONIES. AT THE CONVENTION MEMBERSHIP MEETINGS ARE HELD. THERE IS ALSO AN OPENING RECEPTION AND BANQUET IN ORDER FOR MEMBERS AND GUESTS TO NETWORK. AN AVERAGE OF 750 PEOPLE ATTEND THE ANNUAL CONVENTION HELD IN KANSAS CITY.
MARKETING/PROMOTION-PROMOTING NAFB THROUGH RESEARCH AND MARKETING CALLS. THIS IS ACCOMPLISHED BY SURVEYING PRODUCERS ABOUT THEIR MEDIA CONSUMPTION. THE AGRICULTURAL MARKET IS TARGETED NATIONALLY. MARKETING TOOLS INCLUDE SALES MATERIALS, RESEARCH HIGHLIGHTS, ADVERTISING IN INDUSTRY PUBLICATIONS, AND PROMOTING THE NAFB PLANNER; AN ONLINE TOOL AIDING THE INDUSTRY IN DECISION-MAKING.
MEMBER SERVICES-RECRUIT NEW MEMBERS. EVALUATE/RETAIN MEMBERSHIP VALUE. DEVELOP MEMBERSHIP MATERIALS. THE MEMBERSHIP MATERIALS DEVELOPED ARE MEMBERSHIP APPLICATIONS, MEMBERSHIP BROCHURES OUTLINING MEMBERSHIP BENEFITS AND HISTORY OF THE ASSOCIATION, MEMBERSHIP DIRECTORY, AND MEMBER PROFILES. THESE MATERIALS ARE DISTRIBUTED TO PROSPECTIVE AND NEW MEMBERS. IN 2021, THERE WERE APPROXIMATELY 749 MEMBERS.
NEWS SERVICE- THE NAFB NEWS SERVICE IS A MEDIA-RELEASE DISTRIBUTION SERVICE FOR THOSE WISHING TO REACH FARM BROADCASTERS AND, THROUGH THEM, RURAL AMERICA. EACH BROADCAST COUNCIL AND STUDENT MEMBER OF THE NAFB HAS ACCESS TO THE NAFB NEWS SERVICE. MORE THAN 45 NETWORKS AND 70 STATIONS AND BROADCAST GROUPS MAKE UP THE NAFB BROADCAST COUNCIL AND COLLECTIVELY PROVIDE PROGRAMMING AIMED AT RURAL AUDIENCES ON MORE THAN 1800 RADIO STATIONS NATIONWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Brand Executive Director | Officer | 40 | $174,000 |
Joe Gill Vice Presidentmember | OfficerTrustee | 0 | $0 |
Spencer Chase President Electmember | OfficerTrustee | 0 | $0 |
Gale Cunningham Presidentmember | OfficerTrustee | 0 | $0 |
Paul Murphy-Spooner Allied Industry Council Repm | Trustee | 0 | $0 |
Breck Von Bank Mgmt Sales Council Repmember | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,206,985 |
| Investment income | $83,325 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $35,156 |
| Net Gain/Loss on Asset Sales | $52,231 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,403,716 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $182,182 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $328,598 |
| Pension plan accruals and contributions | $12,860 |
| Other employee benefits | $10,667 |
| Payroll taxes | $36,795 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $254 |
| Fees for services: Accounting | $14,259 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,304 |
| Advertising and promotion | $39,936 |
| Office expenses | $31,603 |
| Information technology | $20,307 |
| Royalties | $0 |
| Occupancy | $5,991 |
| Travel | $36,634 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $311,944 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,578 |
| Insurance | $1,775 |
| All other expenses | $24,039 |
| Total functional expenses | $1,217,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,412 |
| Savings and temporary cash investments | $291,416 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $78,829 |
| 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 | $16,006 |
| Net Land, buildings, and equipment | $1,044,680 |
| Investments—publicly traded securities | $3,604,940 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $300 |
| Total assets | $5,376,583 |
| Accounts payable and accrued expenses | $2,946 |
| Grants payable | $0 |
| Deferred revenue | $376,820 |
| 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 | $226,991 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,050 |
| Total liabilities | $608,807 |
| Net assets without donor restrictions | $4,767,776 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,376,583 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Assn Of Farm Broadcasters has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
National Association Of Broadcasters Washington, DC PURPOSE: Operating Support | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Livestock Marketing Association Overland Park, KS | $41,945,453 | $11,175,778 |
German Farmers Mutual Assessment Insurance Assoc Of Hall County Inc Cairo, NE | $1,959,468 | $2,974,512 |
Iowa-Nebraska Farm Equipment Association Inc Johnston, IA | $8,633,028 | $3,095,740 |
Buffalo County Agricultural Association Kearney, NE | $14,912,793 | $2,842,209 |
Kentucky Corn Growers Association Eastwood, KY | $10,650,965 | $3,755,391 |
Dekalb County Farm Bureau Sycamore, IL | $2,798,652 | $1,236,356 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Mississippi Valley Farm Bus Assn Fairfield, IA | $0 | $944,274 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Central Iowa Farm Business Assn Jefferson, IA | $566,912 | $990,824 |
Fayette County Agricultural Society West Union, IA | $1,416,189 | $1,190,275 |
Knox County Farm Bureau Knoxville, TN | $1,372,068 | $906,855 |