Farm Bureau In Duplin County
EIN: 560685385 · Kenansville, NC
| Metric | Value |
|---|---|
| Total Revenue | $330K |
| Total Expenses | $183K |
| Net Assets | $1.7M |
Is Farm Bureau In Duplin County Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Farm Bureau In Duplin County
Farm Bureau In Duplin County (EIN: 560685385) is a nonprofit organization based in Kenansville, NC. The organization reported total revenue of $330K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farm Bureau In Duplin County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Farm Bureau In Duplin County is a small nonprofit that has been operating for 65 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $183K |
| Surplus / Deficit | +$32K |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | 15.0% |
| Months of Reserves | 111.9 months |
Financial Health Grade: A
In 2023, Farm Bureau In Duplin County reported a surplus of $32K with revenue exceeding expenses, holds 111.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Farm Bureau In Duplin County's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +2.7% | +1.9% |
| 2022 | -59.1% | +15.6% | +1.7% |
| 2021 | +129.8% | -1.9% | +27.1% |
| 2020 | +3.0% | -9.7% | +5.1% |
| 2019 | -2.6% | -1.6% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1961 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Farm Bureau In Duplin County has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Farm Bureau In Duplin County with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
Frequently Asked Questions about Farm Bureau In Duplin County
Is Farm Bureau In Duplin County a legitimate charity?
Based on AI analysis of IRS 990 filings, Farm Bureau In Duplin County (EIN: 560685385) insufficient data. 0 red flags identified, 0 strengths noted.
How does Farm Bureau In Duplin County spend its money?
Detailed spending breakdown data is not yet available for Farm Bureau In Duplin County. Check back for updated IRS 990 analysis.
Are donations to Farm Bureau In Duplin County tax-deductible?
Farm Bureau In Duplin County is registered as a tax-exempt nonprofit (EIN: 560685385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Farm Bureau In Duplin County located?
Farm Bureau In Duplin County is headquartered in Kenansville, North Carolina and files with the IRS under EIN 560685385.
How many years of IRS 990 filings does Farm Bureau In Duplin County have?
Farm Bureau In Duplin County has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $330K in total revenue.
Filing History
IRS 990 filing history for Farm Bureau In Duplin County showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Farm Bureau In Duplin County's revenue has declined by 26.6%, moving from $293K to $215K. Total assets increased by 81.9% over the same period, from $936K to $1.7M. Total functional expenses fell by 22.4%, from $235K to $183K. In its most recent filing year (2023), Farm Bureau In Duplin County reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $183K | $1.7M | $0 | — | View 990 |
| 2022 | $206K | $178K | $1.7M | $0 | — | View 990 |
| 2021 | $504K | $154K | $1.6M | $0 | — | View 990 |
| 2020 | $219K | $157K | $1.3M | $0 | — | — |
| 2019 | $213K | $173K | $1.2M | $0 | — | View 990 |
| 2018 | $219K | $176K | $1.2M | $0 | — | View 990 |
| 2017 | $215K | $177K | $1.1M | $0 | — | View 990 |
| 2016 | $219K | $169K | $1.1M | $9K | — | View 990 |
| 2015 | $222K | $178K | $1.1M | $0 | — | View 990 |
| 2014 | $213K | $184K | $1.0M | $0 | — | View 990 |
| 2013 | $219K | $170K | $985K | $0 | — | View 990 |
| 2012 | $223K | $191K | $937K | $0 | — | View 990 |
| 2011 | $203K | $233K | $905K | $0 | — | View 990 |
| 2010 | $293K | $235K | $936K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $183K, and assets of $1.7M (revenue +4.2% year-over-year).
- 2022: Revenue of $206K, expenses of $178K, and assets of $1.7M (revenue -59.1% year-over-year).
- 2021: Revenue of $504K, expenses of $154K, and assets of $1.6M (revenue +129.8% year-over-year).
- 2020: Revenue of $219K, expenses of $157K, and assets of $1.3M (revenue +3.0% year-over-year).
- 2019: Revenue of $213K, expenses of $173K, and assets of $1.2M (revenue -2.6% year-over-year).
- 2018: Revenue of $219K, expenses of $176K, and assets of $1.2M (revenue +1.8% year-over-year).
- 2017: Revenue of $215K, expenses of $177K, and assets of $1.1M (revenue -1.8% year-over-year).
- 2016: Revenue of $219K, expenses of $169K, and assets of $1.1M (revenue -1.3% year-over-year).
- 2015: Revenue of $222K, expenses of $178K, and assets of $1.1M (revenue +4.1% year-over-year).
- 2014: Revenue of $213K, expenses of $184K, and assets of $1.0M (revenue -2.8% year-over-year).
- 2013: Revenue of $219K, expenses of $170K, and assets of $985K (revenue -1.6% year-over-year).
- 2012: Revenue of $223K, expenses of $191K, and assets of $937K (revenue +10.0% year-over-year).
- 2011: Revenue of $203K, expenses of $233K, and assets of $905K (revenue -30.8% year-over-year).
- 2010: Revenue of $293K, expenses of $235K, and assets of $936K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Farm Bureau In Duplin County:
Data Sources and Methodology
This transparency report for Farm Bureau In Duplin County is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.