Morris County Farm Bureau
- Assets
- $97.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Daingerfield, TX
- Founding
- 09/1992
- Data as of
- 12/2022
- EIN
- 75-1627109
Organization Overview
Morris County Farm Bureau is located in Daingerfield, TX. The organization was established in 1992. 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. Morris 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 12/2022, Morris County Farm Bureau generated $104.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $108.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) 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 |
|---|---|---|---|
James Collins President | 3 | $0 | |
Odis Cline Vice President | 2 | $0 | |
Ricky Tigert Sec Treas | 3 | $0 | |
Danny Lilley Director | 2 | $0 | |
Bret Mccoy Director | 2 | $0 | |
Charles Thompson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $53,840 |
| Investment income | $835 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $49,876 |
| Total Revenue | $104,551 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,061 |
| Professional fees and other payments to independent contractors | $900 |
| Occupancy, rent, utilities, and maintenance | $13,864 |
| Printing, publications, postage, and shipping | $696 |
| Other expenses | $32,890 |
| Total expenses | $108,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,386 |
| Other assets | $0 |
| Total assets | $97,512 |
| Total liabilities | $954 |
| Net assets or fund balances | $96,558 |