Bosque County Farm Bureau
- Assets
- $368.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clifton, TX
- Founding
- 04/1954
- Data as of
- 10/2023
- EIN
- 74-1212642
Organization Overview
Bosque County Farm Bureau is located in Clifton, TX. The organization was established in 1954. 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. Bosque 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, Bosque County Farm Bureau generated $105.7k 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 (9.3%) each year. All expenses for the organization totaled $94.7k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (7.8%) 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 |
|---|---|---|---|
Sam Beebe President | 1 | $0 | |
Gary Phillips Vice President | 2 | $0 | |
Robert Payne Sec Treas | 2 | $0 | |
Scott Conrad Director | 0 | $0 | |
Brooks Symank Director | 1 | $0 | |
Sterling Goolsby Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,960 |
| Total Program Service Revenue | $0 |
| Membership dues | $72,680 |
| Investment income | $14,975 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,047 |
| Total Revenue | $105,662 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $264 |
| Professional fees and other payments to independent contractors | $1,040 |
| Occupancy, rent, utilities, and maintenance | $25,184 |
| Printing, publications, postage, and shipping | $500 |
| Other expenses | $63,254 |
| Total expenses | $94,668 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,210 |
| Other assets | $0 |
| Total assets | $368,561 |
| Total liabilities | $39,744 |
| Net assets or fund balances | $328,817 |