Florida Farm Bureau Federation Inc
- Assets
- $359.6k
- Revenue
- $263.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Delray Beach, FL
- Founding
- 07/1966
- Data as of
- 06/2023
- EIN
- 59-0723473
Organization Overview
Florida Farm Bureau Federation Inc is located in Delray Beach, 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 06/2023, Florida Farm Bureau Federation Inc employed 3 individuals. This organization is a subordinate organization within 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 06/2023, Florida Farm Bureau Federation Inc generated $263.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $232.9k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE EDUCATIONAL OPPORTUNITIES AND EVENTS FOR OUR LOCAL COMMUNITIES THAT HIGHLIGHT BENEFITS OF PALM BEACH COUNTY AGRICULTURE REGARDING FOOD SECURITY, ECONOMIC IMPACTS ADN ENVIRONMENTAL STEWARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PALM BEACH COUNTY IS THE LARGEST AGRICUTURAL COUNTY IN THE STATE OF FLORIDA. HOWEVER, IT IS HIGHLY URBANIZED THEREFORE DURING SOUTH FLORIDA FAIR WE TAKE THE OPPORTUNITY TO EDUCATE THE GENERAL PUBLIC ON THE IMPORTANCE OF AGRICULTURE AND ITS IMPACT ON OUR COUNTY. THE FAIR ATTRACTS OVER HALF A MILLION PEOPLE EACH YEAR DURING ITS 14 DAY RUN. WE PROMOTE OUR LOCAL AGRICULTURE BY DISPLAYING WHAT COMMODITIES ARE GROWN IN OUR AREA AS WELL AS WHERE THEY ARE GROWN.
PALM BEACH COUNTY FARM BUREAU SUPPORTS YOUTH INVOLVED IN 4-H AND FFA ACTIVITIES THROUGHOUT THE YEAR. WE HAVE ASSISTED STUDENTS WITH IRRIGATION SYSTEMS AT THEIR FFA TREE FARMS, PROVIDED SCHOLARSHIPS, AND SUPPORTED THEIR ACTIVITIES AT THE FAIR. IT IS IMPORTANT TO MENTOR AND EDUCATE STUDENTS ON THE IMPORTANCE OF AGRICULTURE AND CONTINUE TO ENCOURAGE THEM TO STAY ACTIVE IN THEIR AGRICULTURAL COMMUNITIES.
MEMBERS ATTENDED A ROUND TABLE DISCUSSION WITH CONGRESSIONAL AIDES TO DISCUSS POLICY IMPACTS ON GROWERS AND WORKERS, REGARDING TRADE, WATER CONSERVATION, AFFECTS OF NAFTA'S TRADE PRACTICES ON SOUTH FLORIDA FARMERS AND FARM BILL. THESE TYPES OF MEETINGS LEAD TO COLLABORATIVE EFFORTS BY ELECTED OFFICIALS AND FARMERS TO WORK TOWARDS THE BETTERMENT OF THOSE ENGAGED IN AGRICULTURE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Clasby Vice President | Officer | 20 | $0 |
Laura Bloom Treasurer | Officer | 30 | $0 |
Colin Friedrich President | Officer | 20 | $0 |
Matt Rhineholz Secretary | Officer | 2 | $0 |
Ron Rice Director | Trustee | 2 | $0 |
Ricky Reitz 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 | $100,091 |
| Investment income | $533 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,800 |
| 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 | -$419 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,859 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,722 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,750 |
| 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 | $1,658 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,259 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,115 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,347 |
| Insurance | $6,569 |
| All other expenses | $1,500 |
| Total functional expenses | $232,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,217 |
| Savings and temporary cash investments | $173,767 |
| 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 | $300 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $99,132 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,200 |
| Total assets | $359,616 |
| 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 | $262 |
| Total liabilities | $262 |
| 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 | $359,354 |
| Total liabilities and net assets/fund balances | $359,616 |