Clay County Farm Bureau
- Assets
- $211.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Henrietta, TX
- Founding
- 01/1955
- Data as of
- 10/2023
- EIN
- 75-0904656
Organization Overview
Clay County Farm Bureau is located in Henrietta, TX. The organization was established in 1955. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Clay 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 10/2023, Clay County Farm Bureau generated $119.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $98.7k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 4 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 |
|---|---|---|---|
Scott Cleveland President | 1 | $0 | |
Tommy Henderson Vice President | 1 | $0 | |
Randi Maddox Sec Treas | 1 | $0 | |
L C Harrison Director | 1 | $0 | |
Robert Howard Director | 1 | $0 | |
Dewayne Davis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $63,726 |
| Investment income | $11,525 |
| Gain or Loss | -$1,502 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35,287 |
| Total Revenue | $119,036 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,979 |
| Professional fees and other payments to independent contractors | $915 |
| Occupancy, rent, utilities, and maintenance | $14,378 |
| Printing, publications, postage, and shipping | $1,530 |
| Other expenses | $61,603 |
| Total expenses | $98,715 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,220 |
| Other assets | $0 |
| Total assets | $211,461 |
| Total liabilities | $5 |
| Net assets or fund balances | $211,456 |