Marion County Farm Bureau
- Assets
- $765.2k
- Revenue
- $189.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Ocala, FL
- Founding
- 07/1966
- Data as of
- 06/2022
- EIN
- 59-0674589
Organization Overview
Marion County Farm Bureau is located in Ocala, 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Marion 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, Marion County Farm Bureau generated $189.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $172.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. 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 INCREASE NET INCOME OF FARMERS AND RANCHERS AND TO IMPROVE THE QUALITY OF RURAL LIFE AND WORK FOR THE BETTERMENT OF AGRICULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARION COUNTY FARM BUREAU HOSTS THE SOUTHEASTERN YOUTH FAIR WHERE 1,000 SECOND GRADERS VIEW A DISPLAY SHOWING ACTIVITIES, PROGRAMS AND EDUCATIONAL STATIONS FOR THE STUDENTS. THE AG VENTURE TENT DISPLAYS INFORMATION ABOUT THE IMPORTANCE OF AGRICULTURE. AG VENTURE WORKS HAND-IN-HAND WITH VARIOUS AGRICULTURAL GROUPS IN ORDER TO EDUCATE THE STUDENTS ABOUT AGRICULTURE. THE TENT OFFERS SELF-GUIDED TOURS THAT INCLUDE LIVE ANIMALS, PEANUT DISPLAY, EQUINE AREA, AND INFORMATION ON MCFB.
MARION COUNTY FARM BUREAU IS PART OF A FARM CITY WEEK COALITION THAT PLANS AND HOSTS SEVERAL ACTIVITIES FOR THE GENERAL PUBLIC DURING FARM CITY WEEK. ACTIVITIES INCLUDE A PHOTO CONTEST, OPEN HOUSE AND FARM TOURS, AND A MARION COUNTY AG HALL OF FAME BANQUET. FARM CITY WEEK IS CELEBRATED ANNUALLY TO REMIND EVERYONE OF THE INTERDEPENDENCY OF FOOD PRODUCERS, AND CONSUMERS, AS WELL AS THOSE WHO PROCESS, PACKAGE, TRANSPORT AND RETAIL FOOD.
MARION COUNTY FARM BUREAU GENERALLY READS TO APPROXIMATELY 2,000 STUDENTS DURING A NON-PANDEMIC YEAR DURING AGRICULTURE LITERACY DAY. WE PARTNER WITH UF/IFAS, UF CALS GRADUATE STUDENTS, FFA STUDENTS & ADVISORS, ELECTED OFFICIALS AND OTHER VOLUNTEERS TO READ BOOKS TO READ AN AGE APPROPRIATE BOOK FOCUSED ON THE IMPORTANCE OF FARMING AND AGRICULTURE IN FLORIDA AND OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel B Love Jr Director | Trustee | 2 | $0 |
James C Lefils Jr Treasurer | Officer | 2 | $0 |
Pat Duane Vice President | Officer | 1 | $0 |
Christine Damron Secretary | Officer | 1 | $0 |
Joseph M O'farrell President | Officer | 3 | $0 |
James A Boyer Director | Trustee | 2 | $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 | $173,040 |
| Investment income | $4,435 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,711 |
| 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 | $1,281 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $189,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $55,605 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $1,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,026 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,600 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,820 |
| Insurance | $116 |
| All other expenses | $3,523 |
| Total functional expenses | $172,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,025 |
| Savings and temporary cash investments | $660,455 |
| 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 | $3,741 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $54,028 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $765,249 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $765,249 |
| Total liabilities and net assets/fund balances | $765,249 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marion County Farm Bureau has recieved totaling $14,856.
| Awarding Organization | Amount |
|---|---|
Florida Farm Bureau Federation Gainesville, FL PURPOSE: COUNTY GRANT | $14,856 |
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 |