New Mexico Farm And Livestock Bureau Foundation Inc
- Assets
- $1.1m
- Revenue
- $742.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Las Cruces, NM
- Founding
- 06/1995
- Data as of
- 10/2023
- EIN
- 85-0399251
Organization Overview
New Mexico Farm And Livestock Bureau Foundation Inc is located in Las Cruces, NM. The organization was established in 1995. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Farm And Livestock Bureau Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, New Mexico Farm And Livestock Bureau Foundation Inc generated $742.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $517.1k during the year ending 10/2023. While expenses have increased by 13.5% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT EDUCATION AND RESEARCH WHICH WILL RESULT IN GREATER CONSERVATION OF NATURAL RESOURCES, GENERAL PRESERVATION OF THE ENVIRONMENT, IMPROVEMENT IN AGRICULTURE, ERADICATION OF LIVESTOCK DISEASES, BETTER UNDERSTANDING OF LOCAL GOVERNMENT AND ITS EFFECT UPON AGRICULTURE. ALSO, TO PROVIDE SCHOLARSHIPS FOR PERSONS STUDYING AGRICULTURE AND TO DEVELOP AND MAINTAIN A LIBRARY OF RESOURCES FOR TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AG IN THE CLASSROOM PROGRAM - PROVIDES ASSISTANCE TO TEACHERS IN VARIOUS COUNTIES OF NM, PRESENTS WORKSHOPS AT TEACHER CONFERENCES IN NM, AND PROVIDES VARIOUS PROGRAMS (AG DAYS, KIDS AND KOWS, CAREER DAYS) FOR STUDENTS IN AGRICULTURE CLASSES THROUGHOUT NM. PARTICIPATES IN STATE FAIR ACTIVITIES AND SCIENCE FAIR ACTIVITIES. ATTENDS MEETINGS OF VARIOUS AGRICULTURAL-RELATED GROUPS (4H, FFA, COW BELLES) THROUGHOUT NM. MEMBER OF THE NATIONAL AG IN THE CLASSROOM CONSORTIUM.
CALF SCRAMBLE ACTIVITIES
THE NEW MEXICO CROP PRODUCTION ASSOCIATION PRESENTS A CONFERENCE EACH YEAR AND PROVIDES A SCHOLARSHIP FOR A STUDENT MAJORING IN THE AGRICULTURE FIELD.
NM ORGANIC CONFERENCE PRESENTED EACH YEAR TO PROVIDE EDUCATION AND WORKSHOPS IN AGRICULTURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Reagan Chairman | OfficerTrustee | $0 | |
Don Hartman Vice Chairma | OfficerTrustee | $0 | |
Elizabeth Foster Secretary/tr | OfficerTrustee | $0 | |
Jim Ellett Director | Trustee | $0 | |
Anthony Parra Director | Trustee | $0 | |
Patty Waid Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,241 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,241 |
| Total Program Service Revenue | $632,323 |
| Investment income | $3,910 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $742,774 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,513 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,797 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $163,446 |
| Advertising and promotion | $5,587 |
| Office expenses | $13,309 |
| Information technology | $50 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $27,826 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $204,663 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,495 |
| Insurance | $0 |
| All other expenses | $3,576 |
| Total functional expenses | $517,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $735,190 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $120,736 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $188,437 |
| Other assets | $8,663 |
| Total assets | $1,085,026 |
| Accounts payable and accrued expenses | $3,744 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $202,100 |
| Total liabilities | $210,844 |
| Net assets without donor restrictions | $874,182 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,085,026 |