Florida Farm Bureau Federation Inc
- Assets
- $1.5m
- Revenue
- $940.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Pompano Beach, FL
- Founding
- 07/1966
- Data as of
- 06/2023
- EIN
- 59-0751653
Organization Overview
Florida Farm Bureau Federation Inc is located in Pompano Beach, FL. 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. As of 06/2023, Florida Farm Bureau Federation Inc employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Florida Farm Bureau Federation 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 06/2023, Florida Farm Bureau Federation Inc generated $940.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.3% each year . All expenses for the organization totaled $283.7k during the year ending 06/2023. While expenses have increased by 4.1% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE VOICE OF BROWARD CO AGRICULTURE.EDUCATE THE PUBLIC ABOUT AGRICULTURE,IMPLEMENT POLICIES DEVELOPED BY MEMBERS AND PROVIDE INFO THAT WILL IMPROVE AGRICULTURAL SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HAVE TWO LEARNING BARNS THAT ARE UTILIZED IN OUR AG IN THE CLASSROOM (AIC) PROGRAM. OUR AIC PROGRAM HAS ALSO RESULTED IN THE DEVELOPMENT OF SCHOOL GARDENS IN MORE THAN 20 SCHOOLS AND SEVERAL BOYS AND GIRLS CLUBS AND AFTER SCHOOL PROGRAMS. WE OFFER MINI GRANTS TO BROWARD TEACHERS FOR AIC ACTIVITIES. WE ORGANIZE A JUNIOR MASTER GARDENER PROGRAM WHERE PARTICIPANTS MAINTAIN SEVERAL DEMONSTRATION GARDENS INCLUDING ONE AT THE OLD DAVIE SCHOOL AND MUSEUM. THESE PROGRAMS ALLOW FOR STUDENTS, PARENTS,AND EDUCATORS TO GAIN AN APPRECIATION FOR AGRICULTURE IN AN URBAN COUNTY AND THE IMPACT IT HAS ON OUR DAILY LIVES.
WE SCHEDULED SEVERAL TOURS THROUGHOUT THE YEAR FOR SCHOOL GROUPS, PUBLIC OFFICIAL AND THEIR STAFF, AND THE GENERAL PUBLIC. SOME OF THE FACILITIES VISITED INCLUDE GROVES, NURSERIES, AND PROJECT STABLE FOUNDATION, TO NAME A FEW. THE PROJECT STABLE FOUNDATION IS A PROGRAM THAT OPERATES A DEMONSTRATION FARM WHERE PEOPLE CAN LEARN HOW ANIMALS ARE CARED FOR. WE HAVE ALSO ARRANGED FOR THE CHAMBER OF COMMERCE TO INCLUDE AGRICULTURE AWARENESS DAY AND TOUR AS PART OF THEIR LEADERSHIP NORTH BROWARD TRAINING PROGRAM.
DISPLAYS AND INFORMATIONAL BOOTHS AT LOCAL SHOPPING CENTERS AND GREEN MARKETS ALLOW US TO INTERACT WITH THE GENERAL PUBLIC AND PROMOTE AGRICULTURAL AWARENESS AND EDUCATION. PARTICIPATION IN FAIRS AND SPECIAL EVENTS GIVE US A VENUE TO PROMOTE OUR LOCAL AGRICULTURAL PRODUCTS AND EDUCATE THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Segal President | Officer | 40 | $83,112 |
Darren Anselmo Treasurer | Officer | 1 | $0 |
Sandra Mccartney Director | Trustee | 1 | $0 |
Carl Wallack Vice President | Officer | 2 | $0 |
Kathleen Dempsey Director | Trustee | 1 | $0 |
Judith Paul Director | Trustee | 1 | $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 | $243,104 |
| Investment income | $35,367 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $662,551 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$92 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $940,930 |
| 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. | $83,112 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,390 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,913 |
| Payroll taxes | $9,469 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,349 |
| Fees for services: Other | $479 |
| Advertising and promotion | $1,473 |
| Office expenses | $4,074 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,322 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,986 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $280 |
| Insurance | $2,333 |
| All other expenses | $4,832 |
| Total functional expenses | $283,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,832 |
| Savings and temporary cash investments | $69,392 |
| 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 | $6,282 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,292,932 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,517,438 |
| Accounts payable and accrued expenses | -$1,142 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | -$1,142 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,518,580 |
| Total liabilities and net assets/fund balances | $1,517,438 |