Baylor County Farm Bureau Inc
- Assets
- $85.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seymour, TX
- Founding
- 08/1954
- Data as of
- 09/2023
- EIN
- 75-0881946
Organization Overview
Baylor County Farm Bureau Inc is located in Seymour, 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. Baylor County Farm Bureau Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2023, Baylor County Farm Bureau Inc generated $53.2k 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 (7.6%) each year. All expenses for the organization totaled $43.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (10.7%) 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 |
|---|---|---|---|
James Tucker President | 2 | $0 | |
Mark Hertel Vice President | 1 | $0 | |
Damon Hertel Sec Treas | 1 | $0 | |
Robert Dean Director | 1 | $0 | |
Chris Orsak Director | 1 | $0 | |
Mark Daniel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,796 |
| Total Program Service Revenue | $0 |
| Membership dues | $30,870 |
| Investment income | $8,910 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,655 |
| Total Revenue | $53,231 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $7,625 |
| Printing, publications, postage, and shipping | $271 |
| Other expenses | $29,706 |
| Total expenses | $43,708 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,437 |
| Other assets | $0 |
| Total assets | $85,519 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,519 |