Stephens County Farm Bureau
- Assets
- $175.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Breckenridge, TX
- Founding
- 04/1965
- Data as of
- 09/2023
- EIN
- 75-6041384
Organization Overview
Stephens County Farm Bureau is located in Breckenridge, TX. The organization was established in 1965. 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. Stephens 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 09/2023, Stephens County Farm Bureau generated $55.9k 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 (10.9%) each year. All expenses for the organization totaled $51.2k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (10.9%) 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 |
|---|---|---|---|
Roy Russell President | 2 | $0 | |
Glenda Knight Vice President | 1 | $0 | |
Charles Wulfjen Secretary | 1 | $0 | |
Jerry Toland Treasurer | 2 | $0 | |
Robert Joe Jackson Director | 2 | $0 | |
Sammy Fambro Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $34,110 |
| Investment income | $11,400 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $422 |
| Total Revenue | $55,932 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $267 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $15,206 |
| Printing, publications, postage, and shipping | $140 |
| Other expenses | $25,771 |
| Total expenses | $51,215 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,646 |
| Other assets | $0 |
| Total assets | $175,871 |
| Total liabilities | $10 |
| Net assets or fund balances | $175,861 |