Bay County Farm Bureau
- Assets
- $499.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynn Haven, FL
- Founding
- 07/1966
- Data as of
- 06/2022
- EIN
- 59-6177716
Organization Overview
Bay County Farm Bureau is located in Lynn Haven, 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Bay County Farm Bureau is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Bay County Farm Bureau generated $105.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $95.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. 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 |
|---|---|---|---|
John Taylor Sec/treas | 6 | $0 | |
Charles Waller Vice President | 3 | $0 | |
Larry White President | 6 | $0 | |
Name Not Listed Director | 1 | $0 | |
Susan White Director | 1 | $0 | |
Leonard Hall Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,317 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $34,599 |
| Total Revenue | $105,830 |
| 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 | $14,220 |
| Occupancy, rent, utilities, and maintenance | $20,513 |
| Printing, publications, postage, and shipping | $1,200 |
| Other expenses | $18,797 |
| Total expenses | $95,915 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,026 |
| Other assets | $0 |
| Total assets | $499,212 |
| Total liabilities | $0 |
| Net assets or fund balances | $499,212 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bay County Farm Bureau has recieved totaling $15,819.
| Awarding Organization | Amount |
|---|---|
Florida Farm Bureau Federation Gainesville, FL PURPOSE: COUNTY GRANT | $9,438 |
Florida Farm Bureau Federation Gainesville, FL PURPOSE: COUNTY GRANT | $6,381 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lagrange Academy Incorporated Lagrange, GA | $3,990,523 | $3,388,962 |
Alabama Crop Improvement Association Inc Headland, AL | $6,364,411 | $3,074,944 |
Florida Nursery Growers & Landscape Association Inc Orlando, FL | $4,051,633 | $1,495,171 |
Georgia Crop Improvement Association Inc Athens, GA | $2,567,153 | $1,565,826 |
Forest Farmers Association Inc Carrollton, GA | $208,453 | $1,112,650 |
Orange Avenue Citrus Growers Association Inc Vero Beach, FL | $5,804,202 | $1,061,071 |
Florida Strawberry Growers Association Dover, FL | $4,770,706 | $1,630,969 |
Georgia Pecan Growers Association Inc Tifton, GA | $373,562 | $694,239 |
Alachua County Farm Bureau Alachua, FL | $2,467,895 | $805,704 |
Polk County Farm Bureau Bartow, FL | $837,190 | $892,397 |
Lagrange Personal Aid Association Lagrange, GA | $156,001 | $538,000 |
Dade County Farm Bureau Homestead, FL | $985,788 | $601,229 |