Jack County Farm Bureau
- Assets
- $142.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksboro, TX
- Founding
- 10/1952
- Data as of
- 10/2023
- EIN
- 75-1062941
Organization Overview
Jack County Farm Bureau is located in Jacksboro, TX. The organization was established in 1952. 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. Jack 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, Jack County Farm Bureau generated $29.4k 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 (20.3%) each year. All expenses for the organization totaled $40.8k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (10.7%) 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 |
|---|---|---|---|
Lewis Christian President | 8 | $0 | |
James Jonas Vice President | 8 | $0 | |
David Harmonson Sec Treas | 4 | $0 | |
James Rice Director | 2 | $0 | |
James Logan Director | 1 | $0 | |
James Hall Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $34,155 |
| Investment income | $8,256 |
| Gain or Loss | -$23,511 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $528 |
| Total Revenue | $29,428 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $13,853 |
| Printing, publications, postage, and shipping | $174 |
| Other expenses | $22,068 |
| Total expenses | $40,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,672 |
| Other assets | $0 |
| Total assets | $142,047 |
| Total liabilities | $47,348 |
| Net assets or fund balances | $94,699 |