South Carolina Farm Bureau Association
- Assets
- $262.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Matthews, SC
- Founding
- 01/1973
- Data as of
- 12/2023
- EIN
- 57-0347748
Organization Overview
South Carolina Farm Bureau Association is located in St Matthews, SC. The organization was established in 1973. 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 a subordinate organization within an affiliated group for tax-exemption purposes. South Carolina Farm Bureau Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, South Carolina Farm Bureau Association generated $41.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $40.3k during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donnie Porth President | 0.3 | $0 | |
John Perrow Vice President | 0.3 | $0 | |
Sandy Houck Secretary/treas | 0.3 | $0 | |
Mike Shirer Director | 0.3 | $0 | |
Richard Carson Director | 0.3 | $0 | |
Wesley Mckeowen Yf&r Chair | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,173 |
| Total Program Service Revenue | $340 |
| Membership dues | $0 |
| Investment income | $14,069 |
| Gain or Loss | -$691 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $65 |
| Total Revenue | $40,956 |
| 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 | $6,498 |
| Occupancy, rent, utilities, and maintenance | $6,828 |
| Printing, publications, postage, and shipping | $1,328 |
| Other expenses | $23,435 |
| Total expenses | $40,264 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,799 |
| Other assets | $0 |
| Total assets | $262,774 |
| Total liabilities | $0 |
| Net assets or fund balances | $262,774 |