Florida Farm Bureau Federation Inc
- Assets
- $45.1m
- Revenue
- $7.9m
- Investments
- $25.9m
- Employees
- 48
- Location
- Gainesville, FL
- Founding
- 07/1966
- Data as of
- 06/2022
- EIN
- 59-0642950
Organization Overview
Florida Farm Bureau Federation Inc is located in Gainesville, FL. The organization was established in 1966. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Florida Farm Bureau Federation Inc employed 48 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Florida Farm Bureau Federation 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 06/2022, Florida Farm Bureau Federation Inc generated $7.9m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $5.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Florida Farm Bureau Federation Inc has awarded 113 individual grants totaling $1,181,568. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE APPLY JOINT AND COLLECTIVE EFFORT AT THE COUNTY, STATE, AND NATIONAL LEVEL TO THE SOLUTION OF PROBLEMS OF AGRICULTURISTS AND RURAL COMMUNITIES IN ECONOMIC, EDUCATIONAL AND SOCIAL FIELDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE FLORIDA FARM BUREAU WOMEN'S PROGRAM IS TO HARNESS THE TALENTS AND SKILLS OF OUR WOMEN TO ASSIST IN IMPLEMENTING FARM BUREAU POLICY, GOALS AND OBJECTIVES. ANY WOMAN THAT IS A FARM BUREAU MEMBER IS ELIGIBLE TO PARTICIPATE IN LOCAL, STATE, AND NATIONAL ACTIVITIES. THE FLORIDA FARM BUREAU FEDERATION'S WOMEN'S LEADERSHIP COMMITTEE IS COMPRISED OF A DISTRICT WOMEN'S CHAIR FROM EACH FIELD DISTRICT AND A REPRESENTATIVE FROM THE YOUNG FARMER AND RANCHERS COMMITTEE. THE COMMITTEE HOSTS THE ANNUAL STATE WOMEN'S CONFERENCE, DEVELOPS AN ANNUAL PLAN AND HELPS COORDINATE COUNTY WOMEN'S COMMITTEE ACTIVITIES THAT SUPPORT OUR STATE INITIATIVES.
THE OVERACHING MISSION OF THE FLORIDA FARM BUREAU'S YOUNG FARMER AND RANCHER PROGRAM IS TO ENSURE FLORIDA FARM BUREAU FEDERATION WILL HAVE EFFECTIVE LEADERSHIP INT HE FUTURE. THE PROGRAM INCLUDES THAT STATE Y&R LEADERSHIP GROUP, A SELECT GROUP OF INDIVIDUALS BETWEEN 18 AND 35 YEARS OF AGE WHO PARTICIPATE IN A TWO YEAR LEADERSHIP CURRICULUM THAT INCLUDES INSTRUCTION AND TRAVEL EXPERIENCES. THE GROUP ALSO HOSTS THE ANNUAL YOUNG FARMER AND RANCHER CONFERENCE THAT IS ATTENDED BY MEMBERS FROM AROUND THE STATE. ATTESTING TO THE EFFECTIVENESS OF THIS PROGRAM IS THE FACT THAT BOTH OUR STATE PRESIDENT AND VARIOUS BOARD MEMBERS ARE ALUMNI OF THE PROGRAM.
THE COUNTY RECOGNITION PROGRAM IS DESIGNED TO RECOGNIZE COUNTY FARM BUREAUS FOR OUTSTANDING ACHIEVEMENTS IN MEETING THEIR MEMBER'S NEEDS AND SUPPORTING STATE POLICY IMPLEMENATION GOALS. IT PROVIDES A MEANS FOR COUNTY FARM BUREAUS TO SHARE SUCCESSFUL PROGRAM IDEAS. IT ALSO AIMS TO PROVIDE A "ROADMAP FOR SUCCESS" THAT WILL HELP COUNTY LEADERS PLAN AND EXECUTE PROGRAMS THAT BENEFIT MEMBERS AND SUPPORT FARM BUREAU POLICY GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay Archey Director | Trustee | 2 | $0 |
Ryan Armstrong Director | Trustee | 2 | $0 |
Mark Byrd Secretary | Officer | 3 | $0 |
Adam Cook Director | Trustee | 2 | $0 |
Danielle Daum Director | Trustee | 2 | $0 |
Jerry Davis Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,002,035 |
| 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 | $2,002,035 |
| Total Program Service Revenue | $358,441 |
| Investment income | $172,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,929,433 |
| Net Rental Income | $86,415 |
| Net Gain/Loss on Asset Sales | -$2,561 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $102,413 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,899,262 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $420,717 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,766,654 |
| Pension plan accruals and contributions | $38,650 |
| Other employee benefits | $454,815 |
| Payroll taxes | $165,716 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,266 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $29,653 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,952 |
| Fees for services: Other | $342,410 |
| Advertising and promotion | $245,642 |
| Office expenses | $413,386 |
| Information technology | $62,123 |
| Royalties | $0 |
| Occupancy | $288,566 |
| Travel | $620,817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,915 |
| Interest | $0 |
| Payments to affiliates | $807,945 |
| Depreciation, depletion, and amortization | $63,016 |
| Insurance | $0 |
| All other expenses | -$1,253,098 |
| Total functional expenses | $5,499,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,086,288 |
| Savings and temporary cash investments | $14,363,907 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,171 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $796,334 |
| Inventories for sale or use | $19,273 |
| Prepaid expenses and deferred charges | $227,458 |
| Net Land, buildings, and equipment | $1,733,341 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $25,875,226 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $45,105,998 |
| Accounts payable and accrued expenses | $548,781 |
| Grants payable | $0 |
| Deferred revenue | $891,189 |
| 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 | $1,613,970 |
| Total liabilities | $3,053,940 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $25,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $42,027,058 |
| Total liabilities and net assets/fund balances | $45,105,998 |
Grants Awarded
Over the last fiscal year, Florida Farm Bureau Federation Inc has awarded $571,695 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
BAKER COUNTY FARM BUREAU PURPOSE: COUNTY GRANT | $9,825 |
ALACHUA COUNTY FARM BUREAU PURPOSE: COUNTY GRANT | $27,369 |
BRADFORD COUNTY FARM BUREAU PURPOSE: COUNTY GRANT | $6,381 |
BREVARD COUNTY FARM BUREAU PURPOSE: COUNTY GRANT | $10,608 |
BROWARD COUNTY FARM BUREAU PURPOSE: COUNTY GRANT | $12,291 |
CALHOUNGULF COUNTY FARM BUREAU PURPOSE: COUNTY GRANT | $6,150 |