Florida Farm Bureau Federation Inc
- Assets
- $499.7k
- Revenue
- $215.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Apopka, FL
- Founding
- 07/1966
- Data as of
- 06/2022
- EIN
- 59-0860077
Organization Overview
Florida Farm Bureau Federation Inc is located in Apopka, 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, 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 06/2022, Florida Farm Bureau Federation Inc generated $215.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $192.5k during the year ending 06/2022. 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 PROTECT THE ECONOMIC WELL BEING OF AGRICULTURAL PRODUCERS AND TO IMPROVE THE QUALITY OF LIFE IN SEMINOLE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINOLE COUNTY FARM BUREAU CONSTANTLY WORKS TO BUILD COALITIONS WITH OTHER AGRICULTURAL ORGANIZATIONS. MANY YEARS OF HARD WORK HAVE PROVIDED MANY VALUABLE RELATIONSHIPS INCLUDING SEMINOLE CATTLEMEN, AND THE CITRUS INDUSTRY. THE COALITION WITH IFAS AND SEMINOLE CATTLEMEN GIVE US THE OPPORTUNITY TO HOLD THE SPRING RANCH FORUM. THIS FORUM PROVIDES A PLACE FOR RANCHERS AND FARMERS TO RECEIVE UP-TO DATE INFORMATION ABOUT THE RANCH INDUSTRY FROM SOME OF THE MOST KNOWLEDGEABLE SCIENTISTS AND RESEARCHERS IN THE BUSINESS. FARM BUREAU IS A MAJOR CONTRIBUTING SPONSOR, AND USES THIS TIME TO REACH OUT TO POTENTIAL MEMBERS AND THE LEADERSHIP FROM OTHER ORGANIZATIONS PRESENT. THIS FUNCTION HELPS ADVANCE OUR MISSION.
SEMINOLE COUNTY FARM BUREAU HOSTED A YOUTH SPEECH CONTEST. THIS CONTEST ALLOWS STUDENTS TO DEVELOP RESEARCH AND PRESENTATION SKILLS WHILE GAINING AN APPRECIATION FOR THE INDUSTRY.
AG LITERACY DAY IS AN IMPORTANT OUTREACH EVENT WHERE ELEMENTARY SCHOOL STUDENTS LEARN ABOUT DIFFERENT COMMODITIES EACH YEAR. THE 2021 BOOK FOCUSED ON THE BEEF AND CATTLE INDUSTRY. THE BOOKS ILLUSTRATOR RECEIVED HELP FROM ONE OF OUR LOCAL RANCHERS. STUDENTS FROM A LOCAL SCHOOL WERE ABLE TO COME OUT TO THAT RANCH AND LEARN ABOUT THE CATTLE INDUSTRY WITH HANDS-ON EXPERIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay H Archey Director | Trustee | 1 | $0 |
Erin A Archey Director | Trustee | 1 | $0 |
William R Holmes Director | Trustee | 1 | $0 |
J W Yarborough Director | Trustee | 1 | $0 |
W Rex Clonts Director | Trustee | 1 | $0 |
Imogene Yarborough Treasurer | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,117 |
| Investment income | $5,258 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $255 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $215,227 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $73,748 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,788 |
| Fees for services: Management | $0 |
| 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 | $6,700 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,696 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,100 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,378 |
| Insurance | $2,618 |
| All other expenses | $0 |
| Total functional expenses | $192,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,648 |
| Savings and temporary cash investments | $261,609 |
| 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 | $14 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $499,699 |
| Accounts payable and accrued expenses | $12 |
| 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 | $12 |
| 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 |
| Total liabilities and net assets/fund balances | $499,687 |