Harnett County Farm Bureau
EIN: 560709030 · Lillington, NC
| Metric | Value |
|---|---|
| Total Revenue | $368K |
| Total Expenses | $215K |
| Net Assets | $1.4M |
Is Harnett County Farm Bureau Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harnett County Farm Bureau
Harnett County Farm Bureau (EIN: 560709030) is a nonprofit organization based in Lillington, NC. The organization reported total revenue of $368K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harnett County Farm Bureau's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harnett County Farm Bureau is a small nonprofit that has been operating for 64 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $215K |
| Surplus / Deficit | +$19K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 8.1% |
| Months of Reserves | 79.1 months |
Financial Health Grade: A
In 2023, Harnett County Farm Bureau reported a surplus of $19K with revenue exceeding expenses, holds 79.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Harnett County Farm Bureau's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +11.3% | +1.3% |
| 2022 | +0.7% | -0.7% | +2.9% |
| 2021 | +6.1% | +15.0% | +1.2% |
| 2020 | +4.4% | -4.7% | +5.4% |
| 2019 | +0.5% | +2.7% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harnett County Farm Bureau 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 Harnett County Farm Bureau 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 $19K, with revenue exceeding expenses.
Frequently Asked Questions about Harnett County Farm Bureau
Is Harnett County Farm Bureau a legitimate charity?
Based on AI analysis of IRS 990 filings, Harnett County Farm Bureau (EIN: 560709030) insufficient data. 0 red flags identified, 0 strengths noted.
How does Harnett County Farm Bureau spend its money?
Detailed spending breakdown data is not yet available for Harnett County Farm Bureau. Check back for updated IRS 990 analysis.
Are donations to Harnett County Farm Bureau tax-deductible?
Harnett County Farm Bureau is registered as a tax-exempt nonprofit (EIN: 560709030). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harnett County Farm Bureau located?
Harnett County Farm Bureau is headquartered in Lillington, North Carolina and files with the IRS under EIN 560709030.
How many years of IRS 990 filings does Harnett County Farm Bureau have?
Harnett County Farm Bureau 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 $368K in total revenue.
Filing History
IRS 990 filing history for Harnett County Farm Bureau showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Harnett County Farm Bureau's revenue has declined by 18%, moving from $285K to $233K. Total assets increased by 48.6% over the same period, from $951K to $1.4M. Total functional expenses fell by 11.8%, from $243K to $215K. In its most recent filing year (2023), Harnett County Farm Bureau reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $233K | $215K | $1.4M | $0 | — | View 990 |
| 2022 | $232K | $193K | $1.4M | $0 | — | View 990 |
| 2021 | $230K | $194K | $1.4M | $0 | — | View 990 |
| 2020 | $217K | $169K | $1.3M | $20K | — | — |
| 2019 | $208K | $177K | $1.3M | $0 | — | View 990 |
| 2018 | $207K | $173K | $1.2M | $0 | — | View 990 |
| 2017 | $206K | $176K | $1.2M | $0 | — | — |
| 2016 | $202K | $170K | $1.2M | $0 | — | View 990 |
| 2015 | $197K | $163K | $1.1M | $0 | — | View 990 |
| 2014 | $199K | $164K | $1.1M | $0 | — | View 990 |
| 2013 | $188K | $161K | $1.1M | $0 | — | View 990 |
| 2012 | $212K | $161K | $1.0M | $0 | — | View 990 |
| 2011 | $215K | $169K | $998K | $0 | — | View 990 |
| 2010 | $285K | $243K | $951K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $233K, expenses of $215K, and assets of $1.4M (revenue +0.5% year-over-year).
- 2022: Revenue of $232K, expenses of $193K, and assets of $1.4M (revenue +0.7% year-over-year).
- 2021: Revenue of $230K, expenses of $194K, and assets of $1.4M (revenue +6.1% year-over-year).
- 2020: Revenue of $217K, expenses of $169K, and assets of $1.3M (revenue +4.4% year-over-year).
- 2019: Revenue of $208K, expenses of $177K, and assets of $1.3M (revenue +0.5% year-over-year).
- 2018: Revenue of $207K, expenses of $173K, and assets of $1.2M (revenue +0.3% year-over-year).
- 2017: Revenue of $206K, expenses of $176K, and assets of $1.2M (revenue +2.4% year-over-year).
- 2016: Revenue of $202K, expenses of $170K, and assets of $1.2M (revenue +2.4% year-over-year).
- 2015: Revenue of $197K, expenses of $163K, and assets of $1.1M (revenue -1.0% year-over-year).
- 2014: Revenue of $199K, expenses of $164K, and assets of $1.1M (revenue +5.4% year-over-year).
- 2013: Revenue of $188K, expenses of $161K, and assets of $1.1M (revenue -11.1% year-over-year).
- 2012: Revenue of $212K, expenses of $161K, and assets of $1.0M (revenue -1.6% year-over-year).
- 2011: Revenue of $215K, expenses of $169K, and assets of $998K (revenue -24.3% year-over-year).
- 2010: Revenue of $285K, expenses of $243K, and assets of $951K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harnett County Farm Bureau:
Data Sources and Methodology
This transparency report for Harnett County Farm Bureau 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.