Panola County Farm Bureau
- Assets
- $178.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carthage, TX
- Founding
- 09/1964
- Data as of
- 12/2021
- EIN
- 75-1458568
Organization Overview
Panola County Farm Bureau is located in Carthage, 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. Panola 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 12/2021, Panola County Farm Bureau generated $131.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $119.3k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Richard Reed President | 3 | $0 | |
Bryan Murff Director | 1 | $0 | |
Gary Hickey Director | 1 | $0 | |
Jerry Harrison Director | 1 | $0 | |
Michael Harris Director | 1 | $0 | |
Danny Ivy Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $61,480 |
| Investment income | $455 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $69,941 |
| Total Revenue | $131,876 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,749 |
| Professional fees and other payments to independent contractors | $960 |
| Occupancy, rent, utilities, and maintenance | $10,677 |
| Printing, publications, postage, and shipping | $524 |
| Other expenses | $43,138 |
| Total expenses | $119,338 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,374 |
| Other assets | $0 |
| Total assets | $178,488 |
| Total liabilities | $432 |
| Net assets or fund balances | $178,056 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Ranch Master Association Inc Irving, TX | $4,102,300 | $4,014,751 |
Working Ranch Cowboys Association Amarillo, TX | $707,595 | $1,446,145 |
Collin County Farm Bureau Mckinney, TX | $1,723,250 | $1,357,234 |
Mclennan County Farm Bureau Waco, TX | $1,381,332 | $1,051,354 |
Texas Pecan Growers Association Bryan, TX | $1,127,753 | $974,234 |
Fort Bend County Farm Bureau Rosenberg, TX | $841,412 | $932,063 |
Jefferson County Farm Bureau Beaumont, TX | $1,487,486 | $1,150,540 |
Harris County Farm Bureau Houston, TX | $2,894,437 | $818,882 |
Brazoria-Galveston County Farm Bureau Angleton, TX | $2,080,896 | $694,316 |
Johnson County Farm Bureau Cleburne, TX | $1,378,732 | $699,606 |
Bexar County Farm Bureau San Antonio, TX | $962,946 | $647,460 |
Kaufman County Farm Bureau Kaufman, TX | $1,093,199 | $647,775 |