Florida Farm Bureau Federation Inc
- Assets
- $1.0m
- Revenue
- $485.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Deland, FL
- Founding
- 07/1966
- Data as of
- 06/2022
- EIN
- 59-0943254
Organization Overview
Florida Farm Bureau Federation Inc is located in Deland, 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 6 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 $485.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $434.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 4 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 PROMOTE AGRICULTURE, HELP WITH PRIVATE PROPERTY RIGHTS, WATER RIGHTS AND GROWTH MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE FOSTER AND ENCOURAGE YOUTH INVOLVEMENT IN AGRICULTURE AT DIFFERENT LEVELS. WE HOSTED A YOUTH SPEECH CONTES VIA ZOOM. THE PURPOSE OF THE CONTEST IS TO MAKE THE YOUTH AWARE OF HOW AGRICULTURE IMPACTS OR SOCIETY AND HELP THEM BECOME BETTER PUBLIC SPEAKERS AND REPRESENT AGRICULTURE IN A PUBLIC FORUM.
OUR COUNTY PROMOTES THE BETTERMENT OF AGRICULTURE THROUGH FARM TOURS. VOLUSIA COUNTY HAS DISTINCT AND DIVERSE AGRICULTURE. THE WEST SIDE FEATURES CITRUS, FERNS, AQUACULTURE, AND CATTLE, TO NAME A FEW. WHILE THE EAST SIDE FEATURES VEGETABLES. PARTICIPANTS TOUR BOTH SIDES OF THE COUNTY. THE TOURS FACILITATED A MEANS TO PROMOTE, EDUCATE, AND INFORM PARTICIPANTS ABOUT THE IMPORTANCE OF AGRICULTURE. TECHNOLOGY IS EVER CHANGING AND TOURS ALLOW MEMBERS THE OPPORTUNITY TO SEE NEW AND DIFFERENT APPLICATIONS TO IMPROVE THEIR OWN OPERATIONS.
VOLUSIA COUNTY FARM BUREAU PARTICIPATED IN FLORIDA'S AG IN THE CLASSROOM MINI GRANT PROGRAM WHICH INCREASES THE LEVEL OF SUPPORT FOR THE VALUE OF AGRICULTURE IN SCHOOLS. BY PROVIDING THESE GRANTS, WE CAN INCREASE THE LEARNING EXPERIENCES OF THE STUDENTS ADN PEAK AN INTEREST IN A VARIETY OF AREAS OF AGRICULTURE. GRANTS WERE ISSUED TO TEACHERS IN LOCAL SCHOOLS WITH PROJECTS THAT WOULD INCREASE UNDERSTANDING OF AGRICULTURE AMONG STUDENTS AND TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Mcgee President | Officer | 5 | $0 |
Mary Conaway Vice Preside | Officer | 2 | $0 |
Michael Braddock Secretary | Officer | 4 | $0 |
George Benedict Treasurer | Trustee | 4 | $0 |
Adam Braddock Director | Trustee | 1 | $0 |
Sam Daugharty Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $33,106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,476 |
| 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 | $8,002 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $485,099 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $141,056 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,008 |
| Fees for services: Management | $27,104 |
| 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 | $9,518 |
| Office expenses | $22,860 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,097 |
| Travel | $14,680 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,713 |
| Insurance | $8,628 |
| All other expenses | $0 |
| Total functional expenses | $433,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,952 |
| Savings and temporary cash investments | $725,603 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,062 |
| 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 | $1,047,559 |
| Accounts payable and accrued expenses | $3,799 |
| 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 | $3,799 |
| Net assets without donor restrictions | $1,043,760 |
| 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 | $1,043,760 |