Hardeman County Farm Bureau
- Assets
- $108.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Quanah, TX
- Founding
- 01/1951
- Data as of
- 12/2023
- EIN
- 75-0833812
Organization Overview
Hardeman County Farm Bureau is located in Quanah, TX. The organization was established in 1951. 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. Hardeman 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 12/2023, Hardeman County Farm Bureau generated $43.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $37.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 5 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 |
|---|---|---|---|
Steven Sparkman President | 3 | $0 | |
Nicholas Barker Vice President | 2 | $0 | |
Kade Risinger Sec Treas | 3 | $0 | |
Jay Brandon Director | 3 | $0 | |
Seth Manney Director | 1 | $0 | |
Jerrod Baird Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,468 |
| Investment income | $12,210 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,119 |
| Total Revenue | $43,797 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48 |
| Professional fees and other payments to independent contractors | $575 |
| Occupancy, rent, utilities, and maintenance | $9,234 |
| Printing, publications, postage, and shipping | $281 |
| Other expenses | $15,517 |
| Total expenses | $37,688 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,657 |
| Other assets | $0 |
| Total assets | $108,324 |
| Total liabilities | $2 |
| Net assets or fund balances | $108,322 |