Hernando-Citrus County Farm Bureau
- Assets
- $340.3k
- Revenue
- $278.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Brooksville, FL
- Founding
- 07/1966
- Data as of
- 06/2022
- EIN
- 59-0900903
Organization Overview
Hernando-Citrus County Farm Bureau is located in Brooksville, 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, Hernando-Citrus County Farm Bureau employed 5 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Hernando-Citrus 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, Hernando-Citrus County Farm Bureau generated $278.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $306.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) 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
PROMOTE, PROTECT AND REPRESENT EDUCATIONAL, SOCIAL AND BUSINESS INTEREST OF FARMERS OF THE TWO COUNTY AREA AND TO ENHANCE THE FUTURE OF AGRICULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE COURSE OF THE YEAR SEVERAL VOLUNTEERS HOSTED FARM TOURS WHICH PROVIDES AN OPPORTUNITY TO SHOWCASE AGRICULTURE'S DIVERSITY AND IMPACT ON THE COMMUNITIES ECONOMY. THE TOURS EDUCATE CONSUMERS LOCAL OFFICIAL'S AND STAKE HOLDERS SO WE CAN WORK TOWARDS THE BETTERMENT OF AGRICULTURE.
WE SUPPORT OUR 4-H AND FFA STUDENTS THROUGHOUT THE YEAR. WE PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS AND ASSIST STUDENTS SHOWING AND SELLING THEIR PROJECTS AT THE FAIR. WE ALSO SUPPORTED THE 4-H LIVESTOCK JUDGING TEAM WHICH EXPOSES STUDENTS TO AGRICULTURE AND THE LIVESTOCK INDUSTRY. THE PROGRAM ENABLES YOUTH TO DEVELOP DECISION-MAKING, EVALUATING, AND COMMUNICATION SKILLS FOR THE APPROPRIATE SELECTION OF THE LIVESTOCK SPECIES: BEEF CATTLE, AND SWINE.
WE CELEBRATED FARM CITY WEEK WITH AN EVENT 'BRINGING THE FARM TO THE CITY!' THIS NATIONAL EVENT CELEBRATES THE INTERDEPENDENCE BETWEEN RURAL AND URBAN COMMUNITIES. WE TAKE THE TIME TO EDUCATE NON-FARMING COMMUNITIES ABOUT THE ROLE AGRICULTURE PLAYS IN OUR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reid Sellers Director | Trustee | 0.5 | $0 |
William R Sellers Secretary/treasurer | Officer | 0.5 | $0 |
John L Thomas President | Officer | 2.5 | $0 |
Matt Reichenbach Vice President | Officer | 0.5 | $0 |
Blake Hunnicutt Director | Trustee | 0.5 | $0 |
Joan Casey Director | Trustee | 0.5 | $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 | $132,438 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,800 |
| 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 | $1,927 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $278,741 |
| 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 | $151,102 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,811 |
| 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 | $8,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,807 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,744 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,426 |
| Insurance | $4,054 |
| All other expenses | $1,794 |
| Total functional expenses | $306,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,637 |
| Savings and temporary cash investments | $172,057 |
| 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 | $3,514 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $149,641 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,474 |
| Total assets | $340,323 |
| Accounts payable and accrued expenses | $2,717 |
| 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 | $2,717 |
| 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 | $337,606 |
| Total liabilities and net assets/fund balances | $340,323 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hernando-Citrus County Farm Bureau has recieved totaling $12,321.
| Awarding Organization | Amount |
|---|---|
Florida Farm Bureau Federation Gainesville, FL PURPOSE: COUNTY GRANT | $12,321 |
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 |