Kentucky Farm Bureau Federation
- Assets
- $319.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monticello, KY
- Founding
- 03/1964
- Data as of
- 08/2023
- EIN
- 61-6000653
Organization Overview
Kentucky Farm Bureau Federation is located in Monticello, KY. The organization was established in 1964. 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. Kentucky Farm Bureau Federation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Kentucky Farm Bureau Federation generated $40.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $75.2k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Burton President | 2 | $0 | |
Jack Roberts Vice President | 1 | $0 | |
Grady Steele Secretary Treasurer | 3 | $0 | |
William Allen Board Membe3r | 1 | $0 | |
Tim Dalton Board Member | 1 | $0 | |
Sharon Denney Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44 |
| Total Program Service Revenue | $0 |
| Membership dues | $40,564 |
| Investment income | $3,940 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,305 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $16,840 |
| Printing, publications, postage, and shipping | $1,726 |
| Other expenses | $38,245 |
| Total expenses | $75,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,423 |
| Other assets | $0 |
| Total assets | $319,199 |
| Total liabilities | $0 |
| Net assets or fund balances | $319,199 |