Gadsden County Farm Bureau
- Assets
- $482.7k
- Revenue
- $220.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Quincy, FL
- Founding
- 07/1966
- Data as of
- 06/2022
- EIN
- 59-0610526
Organization Overview
Gadsden County Farm Bureau is located in Quincy, FL. The organization was established in 1966. 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. As of 06/2022, Gadsden County Farm Bureau employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Gadsden 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 06/2022, Gadsden County Farm Bureau generated $220.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $202.5k during the year ending 06/2022. While expenses have increased by 0.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND ENCOURAGE EFFICIENT AND PROGRESSIVE AGRICULTURE IN OUR COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR COUNTY PROMOTES THE BETTERMENT OF AGRICULTURE BY PROVIDING SCHOLARSHIPS TO HIGH SCHOOL STUDENTS WHO PURSUE A CAREER IN THIS FIELD. BY DOING SO WE CAN ENRICH THE LIVES OF STUDENTS AND PROVIDE OPPORTUNITIES FOR ADVANCEMENT IN THIS FIELD.
WE SPONSORED THE ANNUAL GAIN-IN-WEIGHT CONTEST AT THE GADSDEN COUNTY LIVE SHOW AND SALE. THE PURPOSE OF THIS EVENT IS TO PROMOTE EDUCATION AND REAL WORLD PRACTICAL USE OF SCIENTIFIC FEEDING SYSTEMS TO IMPROVE LIVESTOCK PERFORMANCE. THIS HELPS THE LIVESTOCK INDUSTRY IN THIS COUNTY.
FARM CITY WEEK IS A TIME TO RECOGNIZE THE INTERDEPENDENCE OF RURAL AND URBAN COMMUNITIES. THIS WEEK IS A TIME TO CELEBRATE THE RELATIONSHIP BETWEEN THE TWO COMMUNITIES AND HOW EACH CANNOT EXIST WITHOUT THE OTHER. THIS YEAR THE EVENT INCLUDED A TOUR OF THE SHADE TOBACCO MUSEUM. MANY OF THE ATTENDEES WERE ABLE TO SHARE THEIR FAMILY STORIES AND DISCUSS A COMMODITY THAT WAS ONCE PREVALENT IN OUR COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virgil Butler Director | Trustee | 1 | $0 |
David D Clark Jr Treasurer | Officer | 1 | $0 |
Lawson Taylor President | Officer | 4 | $0 |
Ashley May Vice President | Officer | 1 | $0 |
Gary Davis Secretary | Officer | 1 | $0 |
Patrick B Durden Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $87,530 |
| Investment income | $7,906 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,215 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$402 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,674 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,956 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,222 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,060 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,431 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,084 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,369 |
| Insurance | $3,682 |
| All other expenses | $2,936 |
| Total functional expenses | $202,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,460 |
| Savings and temporary cash investments | $334,812 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,355 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $139,874 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200 |
| Total assets | $482,701 |
| Accounts payable and accrued expenses | $2,157 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,157 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $480,544 |
| Total liabilities and net assets/fund balances | $482,701 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gadsden County Farm Bureau has recieved totaling $9,990.
| Awarding Organization | Amount |
|---|---|
Florida Farm Bureau Federation Gainesville, FL PURPOSE: COUNTY GRANT | $9,990 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lagrange Academy Incorporated Lagrange, GA | $3,990,523 | $3,388,962 |
Alabama Crop Improvement Association Inc Headland, AL | $6,364,411 | $3,074,944 |
Florida Nursery Growers & Landscape Association Inc Orlando, FL | $4,051,633 | $1,495,171 |
Georgia Crop Improvement Association Inc Athens, GA | $2,567,153 | $1,565,826 |
Forest Farmers Association Inc Carrollton, GA | $208,453 | $1,112,650 |
Orange Avenue Citrus Growers Association Inc Vero Beach, FL | $5,804,202 | $1,061,071 |
Florida Strawberry Growers Association Dover, FL | $4,770,706 | $1,630,969 |
Georgia Pecan Growers Association Inc Tifton, GA | $373,562 | $694,239 |
Alachua County Farm Bureau Alachua, FL | $2,467,895 | $805,704 |
Polk County Farm Bureau Bartow, FL | $837,190 | $892,397 |
Lagrange Personal Aid Association Lagrange, GA | $156,001 | $538,000 |
Dade County Farm Bureau Homestead, FL | $985,788 | $601,229 |