Worcester County Farm Bureau Inc
- Assets
- $185.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Snow Hill, MD
- Founding
- 05/1956
- Data as of
- 10/2022
- EIN
- 52-0679201
Organization Overview
Worcester County Farm Bureau Inc is located in Snow Hill, MD. The organization was established in 1956. 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. Worcester County Farm Bureau Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2022, Worcester County Farm Bureau Inc generated $9.9k 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 (8.5%) each year. All expenses for the organization totaled $14.0k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) 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
SCHOLARSHIPS, NEWSLETTERS, FAIRS, GENERAL PROMOTION OF FARMING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirby Brewington Secretary/treasurer | 4 | $6,300 | |
Ryan Megee President | 1 | $0 | |
John Bruning Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,050 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,662 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,160 |
| Total Revenue | $9,880 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,905 |
| Professional fees and other payments to independent contractors | $625 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,490 |
| Total expenses | $14,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,763 |
| Other assets | $0 |
| Total assets | $185,763 |
| Total liabilities | $0 |
| Net assets or fund balances | $185,763 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Worcester County Farm Bureau Inc has recieved totaling $17,070.
| Awarding Organization | Amount |
|---|---|
Maryland Farm Bureau Inc Davidsonville, MD PURPOSE: PROMOTE AGRICULTURAL LEADERSHIP | $5,690 |
Maryland Farm Bureau Inc Davidsonville, MD PURPOSE: PROMOTE AGRICULTURAL LEADERSHIP | $5,690 |
Maryland Farm Bureau Inc Davidsonville, MD PURPOSE: PROMOTE AGRICULTURAL LEADERSHIP | $5,690 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agricultural Retailers Association Arlington, VA | $7,161,238 | $3,721,691 |
National Agricultural Aviation Association Alexandria, VA | $4,837,263 | $3,074,884 |
National Grange Of The Patrons Of Husbandry Washington, DC | $2,950,053 | $1,535,497 |
National Association Of Wheat Growers Washington, DC | $1,141,115 | $1,489,629 |
American Association Of Crop Insurers Washington, DC | $761,223 | $894,089 |
Crop Insurance And Reinsurance Bureau Inc Washington, DC | $1,877,266 | $941,636 |
Pennsylvania Farm Bureau Camp Hill, PA | $1,861,154 | $698,058 |
Apple Ridge Farm Incorporated Roanoke, VA | $1,973,574 | $637,614 |
Delaware State Farm Bureau Inc Camden, DE | $6,091,840 | $803,388 |
Preston County Livestock Assoc Kingwood, WV | $185,095 | $435,155 |
Pennsylvania State Grange Of Patrons Of Husbandry Hookstown, PA | $991,392 | $386,175 |
Pennsylvania State Grange Of Patrons Of Husbandry Lemoyne, PA | $5,583,765 | $309,105 |