South Carolina Farm Bureau Association
- Assets
- $178.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Allendale, SC
- Founding
- 01/1973
- Data as of
- 12/2022
- EIN
- 57-0509858
Organization Overview
South Carolina Farm Bureau Association is located in Allendale, SC. The organization was established in 1973. 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. South Carolina Farm Bureau Association 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, South Carolina Farm Bureau Association generated $26.6k 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 (3.8%) each year. All expenses for the organization totaled $21.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) 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 B Duncan President | 0.3 | $0 | |
Mark Connelly Vice President | 0.3 | $0 | |
Beverly M Allen Secretary/treas | 0.3 | $0 | |
Joseph C Oswald III State Director | 0.3 | $0 | |
Bradley J O'neal State Director | 0.3 | $0 | |
Janie Birt Yf&r Chair | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,333 |
| Total Program Service Revenue | $75 |
| Membership dues | $0 |
| Investment income | $7,647 |
| Gain or Loss | -$436 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,619 |
| 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 | $4,316 |
| Occupancy, rent, utilities, and maintenance | $2,448 |
| Printing, publications, postage, and shipping | $894 |
| Other expenses | $13,788 |
| Total expenses | $21,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,836 |
| Other assets | $0 |
| Total assets | $178,292 |
| Total liabilities | $0 |
| Net assets or fund balances | $178,292 |