Arkansas Farm Bureau Romeo Ennis Short Memorial Foundation
- Assets
- $590.5k
- Revenue
- $61.2k
- Investments
- $388.5k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 02/1957
- Data as of
- 10/2022
- EIN
- 71-6050688
Organization Overview
Arkansas Farm Bureau Romeo Ennis Short Memorial Foundation is located in Little Rock, AR. The organization was established in 1957. 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. Arkansas Farm Bureau Romeo Ennis Short Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2022, Arkansas Farm Bureau Romeo Ennis Short Memorial Foundation generated $61.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $28.4k during the year ending 10/2022. While expenses have increased by 5.6% per year over the past 7 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.
Since 2015, Arkansas Farm Bureau Romeo Ennis Short Memorial Foundation has awarded 86 individual grants totaling $183,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES SCHOLARSHIPS TO STUDENTS ENROLLED AT THE UNIVERSITY OF ARKANSAS-FAYETTEVILLE, DALE BUMPERS COLLEGE OF AGRICULTURAL, FOOD AND LIFE SCIENCES MAINTAINING A CUMULATIVE GPA OF 3.0 AND ENROLLED IN 30 HOURS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth May President | 0 | $0 | |
Jack Norton Vice-President | 0 | $0 | |
Rusty Smith Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $46,075 |
| Interest on Savings | $574 |
| Dividends & Interest | $14,830 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$251 |
| Capital Gain Net Income | $1,321 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,228 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $210 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,860 |
| Contributions, gifts, grants paid | $26,500 |
| Total expenses and disbursements | $28,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,825 |
| Savings and temporary cash investments | $171,658 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,526 |
| Total assets | $590,526 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $10 |
| Total liabilities | $10 |
Grants Awarded
Over the last fiscal year, Arkansas Farm Bureau Romeo Ennis Short Memorial Foundation has awarded $26,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CAROLINE JACKSON CO UNIVERSITY OF A PURPOSE: SCHOLARSHIPS | $2,500 |
ANNA MAYS CO UNIVERSITY OF ARKANSAS PURPOSE: SCHOLARSHIPS | $2,500 |
LUKE RUSSELL CO UNIVERSITY OF ARKAN PURPOSE: SCHOLARSHIPS | $2,500 |
NORALEE TOWNSEND CO UNIVERSITY OF A PURPOSE: SCHOLARSHIPS | $2,500 |
LAYKYN RAINBOLT CO UNIVERSITY OF AR PURPOSE: SCHOLARSHIPS | $2,500 |
LYLA WARREN CO UNIVERSITY OF ARKANS PURPOSE: SCHOLARSHIPS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Ranch Master Association Inc Irving, TX | $4,102,300 | $4,014,751 |
Working Ranch Cowboys Association Amarillo, TX | $707,595 | $1,446,145 |
Collin County Farm Bureau Mckinney, TX | $1,723,250 | $1,357,234 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Mclennan County Farm Bureau Waco, TX | $1,381,332 | $1,051,354 |
Knox County Farm Bureau Knoxville, TN | $1,372,068 | $906,855 |
Texas Pecan Growers Association Bryan, TX | $1,127,753 | $974,234 |
Fort Bend County Farm Bureau Rosenberg, TX | $841,412 | $932,063 |
Gap Connections Inc Knoxville, TN | $584,958 | $913,467 |
Rutherford County Farm Bureau Murfreesboro, TN | $819,491 | $805,370 |
Jefferson County Farm Bureau Beaumont, TX | $1,487,486 | $1,150,540 |