Hot Spring County Farm Bureau 526 Locust St
- Assets
- $421.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Malvern, AR
- Founding
- 07/1966
- Data as of
- 10/2023
- EIN
- 71-0303126
Organization Overview
Hot Spring County Farm Bureau 526 Locust St is located in Malvern, AR. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hot Spring County Farm Bureau 526 Locust St 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, Hot Spring County Farm Bureau 526 Locust St generated $186.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $163.6k during the year ending 10/2023. While expenses have increased by 4.0% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COUNTY FARM BUREAU WORK IS GENERAL IN NATURE, HELPING FARM FAMILIES ACHIEVE EDUCATIONAL IMPROVEMENTS, ECONOMIC OPPORTUNITY, AND SOCIAL ADVANCEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Crangle President | 0.5 | $0 | |
John Michael Bearden Vice President | 0.5 | $0 | |
Josh Garrick Secretary/treasurer | 0.5 | $0 | |
Jesse Clark Member | 0.5 | $0 | |
Magen Allen Member | 0.5 | $0 | |
Jessica Burkham Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $45,260 |
| Investment income | $12,931 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $128,117 |
| Total Revenue | $186,308 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $100,152 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $17,188 |
| Printing, publications, postage, and shipping | $3,899 |
| Other expenses | $35,984 |
| Total expenses | $163,601 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $291,545 |
| Other assets | $0 |
| Total assets | $421,809 |
| Total liabilities | $17,291 |
| Net assets or fund balances | $404,518 |