Independence County Farm Bureau

EIN: 710294353 · Batesville, AR

$284KRevenue
$1.1MAssets
0/100Mission Score (Very Poor)
Independence County Farm Bureau Financial Summary
MetricValue
Total Revenue$284K
Total Expenses$174K
Net Assets$1.0M

Is Independence County Farm Bureau Legit?

Insufficient Data

GoodFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

About Independence County Farm Bureau

Independence County Farm Bureau (EIN: 710294353) is a nonprofit organization based in Batesville, AR. The organization reported total revenue of $284K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independence County Farm Bureau's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

60Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Independence County Farm Bureau is a small nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$253K
Total Expenses$174K
Surplus / Deficit+$80K
Total Assets$1.1M
Total Liabilities$21K
Net Assets$1.0M
Operating Margin31.4%
Debt-to-Asset Ratio1.9%
Months of Reserves73.7 months

Financial Health Grade: A

In 2023, Independence County Farm Bureau reported a surplus of $80K with revenue exceeding expenses, holds 73.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Independence County Farm Bureau's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+6.3%-4.9%+8.1%
2022+0.3%+24.4%+5.9%
2021-1.1%-14.0%+10.6%
2020+7.2%+7.5%+8.9%
2019+4.1%+3.1%+9.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1966

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Independence 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 Independence 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:

$253KTotal Revenue
$174KTotal Expenses
$1.1MTotal Assets
$21KTotal Liabilities
$1.0MNet Assets
  • The organization reported a surplus of $80K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 1.9%.

Frequently Asked Questions about Independence County Farm Bureau

Is Independence County Farm Bureau a legitimate charity?

Independence County Farm Bureau (EIN: 710294353) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $284K. No red flags identified. Financial health grade: A.

How does Independence County Farm Bureau spend its money?

Independence County Farm Bureau reported $284K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Independence County Farm Bureau tax-deductible?

Independence County Farm Bureau is registered as a tax-exempt nonprofit (EIN: 710294353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Independence County Farm Bureau located?

Independence County Farm Bureau is headquartered in Batesville, Arkansas and files with the IRS under EIN 710294353.

How many years of IRS 990 filings does Independence County Farm Bureau have?

Independence County Farm Bureau has 13 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 $284K in total revenue.

Filing History

IRS 990 filing history for Independence County Farm Bureau showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Independence County Farm Bureau's revenue has grown by 39.6%, moving from $181K to $253K. Total assets increased by 108.4% over the same period, from $512K to $1.1M. Total functional expenses rose by 6.8%, from $163K to $174K. In its most recent filing year (2023), Independence County Farm Bureau reported a surplus of $80K, with revenue exceeding expenses. The organization holds $21K in liabilities against $1.1M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $253K $174K $1.1M $21K View 990
2022 $238K $183K $988K $20K View 990
2021 $238K $147K $933K $21K
2020 $240K $171K $844K $22K
2019 $224K $159K $775K $23K View 990
2018 $215K $154K $710K $24K View 990
2017 $203K $150K $644K $19K View 990
2016 $193K $177K $591K $19K View 990
2015 $188K $177K $576K $21K View 990
2014 $188K $173K $565K $21K View 990
2013 $188K $167K $549K $21K View 990
2012 $185K $168K $528K $22K View 990
2011 $181K $163K $512K $23K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $253K, expenses of $174K, and assets of $1.1M (revenue +6.3% year-over-year).
  • 2022: Revenue of $238K, expenses of $183K, and assets of $988K (revenue +0.3% year-over-year).
  • 2021: Revenue of $238K, expenses of $147K, and assets of $933K (revenue -1.1% year-over-year).
  • 2020: Revenue of $240K, expenses of $171K, and assets of $844K (revenue +7.2% year-over-year).
  • 2019: Revenue of $224K, expenses of $159K, and assets of $775K (revenue +4.1% year-over-year).
  • 2018: Revenue of $215K, expenses of $154K, and assets of $710K (revenue +6.1% year-over-year).
  • 2017: Revenue of $203K, expenses of $150K, and assets of $644K (revenue +5.0% year-over-year).
  • 2016: Revenue of $193K, expenses of $177K, and assets of $591K (revenue +2.6% year-over-year).
  • 2015: Revenue of $188K, expenses of $177K, and assets of $576K (revenue +0.0% year-over-year).
  • 2014: Revenue of $188K, expenses of $173K, and assets of $565K (revenue +0.2% year-over-year).
  • 2013: Revenue of $188K, expenses of $167K, and assets of $549K (revenue +1.8% year-over-year).
  • 2012: Revenue of $185K, expenses of $168K, and assets of $528K (revenue +1.7% year-over-year).
  • 2011: Revenue of $181K, expenses of $163K, and assets of $512K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Independence County Farm Bureau:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Independence 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.

Other Nonprofits in Arkansas

Explore more nonprofits based in Arkansas with AI-powered transparency reports.

View all Arkansas nonprofits →

Explore Related Nonprofits

Browse by State