Florida Farm Bureau Federation Inc
- Assets
- $602.1k
- Revenue
- $353.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Bradenton, FL
- Founding
- 07/1966
- Data as of
- 06/2023
- EIN
- 59-0911022
Organization Overview
Florida Farm Bureau Federation Inc is located in Bradenton, 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 7 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 $353.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $290.8k 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
MANATEE COUNTY FARM BUREAU WILL WORK TO INCREASE THE NET INCOME OF OUR FARMER MEMBERS AND TO PROMOTE IMPROVEMENTS IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE FOSTER AND ENCOURAGE YOUTH INVOLVEMENT IN AGRICULTURE AT DIFFERENT LEVELS. WE HELD A SPEECH CONTEST WHERE PARTICIPANTS RESEARCHED AN AGRICULTURE RELATED TOPIC. THIS EVENT ALLOWS STUDENTS TO DEVELOP PUBLIC SPEAKING SKILLS WHICH ARE IMPORTANT FOR FUTURE SUCCESS. THEY ALSO LEARN THE VARIOUS ASPECT OF AGRICULTURE AND HOW IT CONTINUOUSLY EVOLVES AS TECHNOLOGY CHANGES. YOUTH MENTORING IS IMPORTANT TO THE FUTURE OF AGRICULTURE. MANATEE COUNTY TAKES YOUTH TO TALLAHASSEE TO EDUCATE AND EXPERIENCE THE PROCESS OF INVOLVEMENT AND TO BUILD LEADERSHIP SKILLS.
MANATEE COUNTY FARM BUREAU ENCOURAGES MEMBERS TO BE CIVIC MINDED. MEMBERS HAD THE OPPORTUNITY TO MEET WITH LOCAL, STATE, AND NATIONAL ELECTED OFFICIALS TO DISCUSS POLICIES THAT DIRECTLY IMPACT FARMERS AND RANCHERS. EDUCATING ELECTED OFFICIALS ON HOW POLICIES IMPACT LOCAL AGRICULTURE HELP TO COLLABORATIVELY WORK TOWARDS HELPING THE BETTERMENT OF THOSE ENGAGE IN AGRICULTURE.
WE PARTICIPATED IN FARM CITY WEEK, A NATIONAL EVENT WHOSE PURPOSE IS TO RAISE AWARENESS OF THE IMPORTANCE OF AGRICULTURE AND WHERE OUR FOOD COMES FROM. EVENTS LIKE THIS ALLOW US TO COMMUNICATE WITH CONSUMERS AND THE URBAN POPULATION. PARTICIPANTS HAD THE OPPORTUNITY TO TAKE A TOUR OF LOCAL COMMERICAL OPERATION AND GET A BETTER UNDERSTANDING OF FARMING OPERATIONS AND HOW FOOD GETS TO TABLES FROM THE FARM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Dakin Director | Trustee | 1 | $0 |
Ralph Garrison Director | Trustee | 1 | $0 |
Alan Jones Director | Trustee | 1 | $0 |
Bruce Shackelford Director | Trustee | 1 | $0 |
James A Strickland Director | Trustee | 1 | $0 |
Hugh L Taylor Director | Trustee | 1 | $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 | $198,522 |
| Investment income | $274 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,713 |
| Net Gain/Loss on Asset Sales | $500 |
| Net Income from Fundraising Events | -$6,953 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$104 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $353,254 |
| 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 | $115,410 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,903 |
| 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 | $379 |
| Office expenses | $33,874 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,618 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,561 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,811 |
| Insurance | $3,289 |
| All other expenses | $180 |
| Total functional expenses | $290,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,094 |
| Savings and temporary cash investments | $81,888 |
| 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 | $746 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $450,415 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $602,143 |
| Accounts payable and accrued expenses | $5,242 |
| 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 | $5,242 |
| 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 | $596,901 |
| Total liabilities and net assets/fund balances | $602,143 |