Mcdonough County Farm Bureau Foundation
- Assets
- $44.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Macomb, IL
- Founding
- 08/1966
- Data as of
- 11/2023
- EIN
- 37-1361593
Organization Overview
Mcdonough County Farm Bureau Foundation is located in Macomb, IL. The organization was established in 1966. 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. Mcdonough County Farm Bureau Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Mcdonough County Farm Bureau Foundation generated $14.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $12.1k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,462 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,661 |
| Other Revenue | $1,045 |
| Total Revenue | $14,168 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,848 |
| Total expenses | $12,098 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,118 |
| Other assets | $0 |
| Total assets | $44,118 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,118 |