Oklahoma Farm Bureau
- Assets
- $47.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boise City, OK
- Founding
- 08/1958
- Data as of
- 08/2023
- EIN
- 73-0647602
Organization Overview
Oklahoma Farm Bureau is located in Boise City, OK. The organization was established in 1958. 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. Oklahoma 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 08/2023, Oklahoma Farm Bureau generated $14.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $17.1k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Crews President | 1 | $0 | |
Brent Balenseifen Vice President | 1 | $0 | |
R C Jenkins Secretary | 1 | $0 | |
Adam Ottinger Treasurer | 1 | $0 | |
Lon Davis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $310 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,519 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,003 |
| Total Revenue | $14,846 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $120 |
| Occupancy, rent, utilities, and maintenance | $12,283 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,697 |
| Total expenses | $17,100 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,541 |
| Other assets | $0 |
| Total assets | $47,767 |
| Total liabilities | $3,795 |
| Net assets or fund balances | $43,972 |