Nolan County Farm Bureau
- Assets
- $137.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sweetwater, TX
- Founding
- 12/1964
- Data as of
- 10/2023
- EIN
- 75-1095142
Organization Overview
Nolan County Farm Bureau is located in Sweetwater, TX. The organization was established in 1964. 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. Nolan 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, Nolan County Farm Bureau generated $86.4k 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 (3.1%) each year. All expenses for the organization totaled $64.2k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (6.0%) 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 |
|---|---|---|---|
Mark Morrow President | 2 | $0 | |
Jimmy Joy Vice President | 0 | $0 | |
Timpy Tiemann Sec Treas | 1 | $0 | |
Dale Adams Director | 1 | $0 | |
Kenny Landfried Director | 1 | $0 | |
Jason Jones Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $42,120 |
| Investment income | $9,050 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $25,249 |
| Total Revenue | $86,419 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,236 |
| Professional fees and other payments to independent contractors | $825 |
| Occupancy, rent, utilities, and maintenance | $13,083 |
| Printing, publications, postage, and shipping | $440 |
| Other expenses | $27,427 |
| Total expenses | $64,239 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,352 |
| Other assets | $0 |
| Total assets | $137,458 |
| Total liabilities | $0 |
| Net assets or fund balances | $137,458 |