Vermilion County Farm Bureau Foundation
- Assets
- $150.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, IL
- Founding
- 11/2007
- Data as of
- 09/2023
- EIN
- 41-2235367
Organization Overview
Vermilion County Farm Bureau Foundation is located in Danville, IL. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermilion County Farm Bureau Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Vermilion County Farm Bureau Foundation generated $85.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.2% each year . All expenses for the organization totaled $86.6k during the year ending 09/2023. While expenses have increased by 46.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Mark Willard Chairman | 2 | $0 | |
Dean Grimes Vice Chairma | 1 | $0 | |
Mark Steinbaugh Secretary-Tr | 1 | $0 | |
Kelli Lyons Board Member | 1 | $0 | |
Jerry Askren Board Member | 1 | $0 | |
Brian Neville Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,314 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,744 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,380 |
| Other Revenue | $177 |
| Total Revenue | $85,615 |
| 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 | $415 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,995 |
| Total expenses | $86,576 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,974 |
| Other assets | $0 |
| Total assets | $150,518 |
| Total liabilities | $0 |
| Net assets or fund balances | $150,518 |