Farm Bureau Inc Stanly County
EIN: 566065267 · Albemarle, NC
Is Farm Bureau Inc Stanly 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 Inc Stanly County
Farm Bureau Inc Stanly County (EIN: 566065267) is a nonprofit organization based in Albemarle, NC. The organization reported total revenue of $219K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farm Bureau Inc Stanly County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Farm Bureau Inc Stanly 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 Inc Stanly 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.
Frequently Asked Questions about Farm Bureau Inc Stanly County
Is Farm Bureau Inc Stanly County a legitimate charity?
Based on AI analysis of IRS 990 filings, Farm Bureau Inc Stanly County (EIN: 566065267) insufficient data. 0 red flags identified, 0 strengths noted.
How does Farm Bureau Inc Stanly County spend its money?
Detailed spending breakdown data is not yet available for Farm Bureau Inc Stanly County. Check back for updated IRS 990 analysis.
Are donations to Farm Bureau Inc Stanly County tax-deductible?
Farm Bureau Inc Stanly County is registered as a tax-exempt nonprofit (EIN: 566065267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Farm Bureau Inc Stanly County showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Farm Bureau Inc Stanly County's revenue has grown by 22.3%, moving from $148K to $181K. Total assets increased by 31.4% over the same period, from $782K to $1.0M. Total functional expenses rose by 24.3%, from $122K to $152K. In its most recent filing year (2023), Farm Bureau Inc Stanly County reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $152K | $1.0M | $0 | — | — |
| 2022 | $157K | $156K | $990K | $0 | — | — |
| 2021 | $178K | $147K | $1.0M | $0 | — | View 990 |
| 2020 | $177K | $133K | $1.0M | $0 | — | — |
| 2019 | $167K | $148K | $956K | $0 | — | View 990 |
| 2018 | $158K | $155K | $920K | $0 | — | View 990 |
| 2017 | $150K | $136K | $933K | $0 | — | — |
| 2016 | $150K | $138K | $906K | $0 | — | View 990 |
| 2015 | $148K | $120K | $892K | $0 | — | View 990 |
| 2014 | $139K | $113K | $883K | $0 | — | View 990 |
| 2013 | $131K | $110K | $863K | $0 | — | View 990 |
| 2012 | $132K | $111K | $839K | $0 | — | View 990 |
| 2011 | $128K | $97K | $813K | $0 | — | View 990 |
| 2010 | $148K | $122K | $782K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $152K, and assets of $1.0M (revenue +14.9% year-over-year).
- 2022: Revenue of $157K, expenses of $156K, and assets of $990K (revenue -11.6% year-over-year).
- 2021: Revenue of $178K, expenses of $147K, and assets of $1.0M (revenue +0.2% year-over-year).
- 2020: Revenue of $177K, expenses of $133K, and assets of $1.0M (revenue +6.3% year-over-year).
- 2019: Revenue of $167K, expenses of $148K, and assets of $956K (revenue +5.6% year-over-year).
- 2018: Revenue of $158K, expenses of $155K, and assets of $920K (revenue +5.6% year-over-year).
- 2017: Revenue of $150K, expenses of $136K, and assets of $933K (revenue -0.3% year-over-year).
- 2016: Revenue of $150K, expenses of $138K, and assets of $906K (revenue +1.5% year-over-year).
- 2015: Revenue of $148K, expenses of $120K, and assets of $892K (revenue +6.3% year-over-year).
- 2014: Revenue of $139K, expenses of $113K, and assets of $883K (revenue +5.9% year-over-year).
- 2013: Revenue of $131K, expenses of $110K, and assets of $863K (revenue -0.3% year-over-year).
- 2012: Revenue of $132K, expenses of $111K, and assets of $839K (revenue +3.1% year-over-year).
- 2011: Revenue of $128K, expenses of $97K, and assets of $813K (revenue -13.5% year-over-year).
- 2010: Revenue of $148K, expenses of $122K, and assets of $782K.
Data Sources and Methodology
This transparency report for Farm Bureau Inc Stanly 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.