Oklahoma Farm Bureau
- Assets
- $282.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duncan, OK
- Founding
- 05/1960
- Data as of
- 08/2024
- EIN
- 73-0662537
Organization Overview
Oklahoma Farm Bureau is located in Duncan, OK. The organization was established in 1960. 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. Oklahoma 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 08/2024, Oklahoma Farm Bureau generated $51.5k 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 (3.8%) each year. All expenses for the organization totaled $40.6k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 5 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 |
|---|---|---|---|
Blake Berry President | 1 | $0 | |
Brian Woods Vice President | 1 | $0 | |
Toby Baldwin Secretary | 1 | $0 | |
Dell Farris Treasurer | 1 | $0 | |
Eddie Sutton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,411 |
| Investment income | $5,439 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $32,160 |
| Total Revenue | $51,510 |
| 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 | $240 |
| Occupancy, rent, utilities, and maintenance | $15,330 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,012 |
| Total expenses | $40,582 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $193,392 |
| Other assets | $0 |
| Total assets | $282,670 |
| Total liabilities | $15,308 |
| Net assets or fund balances | $267,362 |