Kentucky Farm Bureau Federation

Organization Overview

Kentucky Farm Bureau Federation, operating under the name Lawrence County Farm Bureau, is located in Louisa, KY. The organization was established in 1964. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lawrence 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 10/2023, Lawrence County Farm Bureau generated $96.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $76.4k during the year ending 10/2023. While expenses have increased by 1.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

FURNISH INSURANCE, OTHER FARM SERVICES & AGRICULTURE PROGRAMS TO MEMBERS IN ORDER TO IMPROVE PRODUCTION; WORK WITH YOUTH & 4-H GROUPS TO IMPROVE AGRICULTURE PROGRAMS & FARM SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LAWRENCE CO. FARM BUREAU SUPPORTS HUNDREDS OF MEMBERS AND CHILDREN THROUGH VARIOUS SPONSHORSHIPS AND SUPPORT OF 4-H, UPWARD BOUND PROGRAM, FARM & FIELD DAY, LOCAL SCHOOL GROUPS,ETC. THESE SPONSORSHIPS IMPROVE INTEREST AND KNOWLEDGE IN AGRICULTURE ACTIVITY WITHIN THE SERVICED AREA.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$34,310
Fundraising events$0
Related organizations$46,053
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$149
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$80,512
Total Program Service Revenue$0
Investment income $1,259
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $12,000
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 $0
Miscellaneous Revenue$0
Total Revenue $96,328

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