Farm House Fraternity Inc is located in Mcclave, CO. The organization was established in 1976. 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. Farm House Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2022, Farm House Fraternity Inc generated $19.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $37.2k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED LIVING QUARTERS AND OTHER FRATERNAL BENEFITS TO STUDENTS ENROLLED AT COLORADO STATE UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Justin Cumming President | 1 | $0 | |
Marc Reck Vice President | 1 | $0 | |
Tom Rainbolt Secretary | 1 | $0 | |
Kelly Roesch Treasurer | 2 | $0 | |
Curt Fix Board Member | 1 | $0 | |
Brian Downing Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $19,063 |
Membership dues | $0 |
Investment income | $166 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $19,229 |
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 | $1,125 |
Occupancy, rent, utilities, and maintenance | $16,068 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,969 |
Total expenses | $37,162 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $39,519 |
Other assets | $0 |
Total assets | $265,750 |
Total liabilities | $78,428 |
Net assets or fund balances | $187,322 |