Mississippi Farm Bureau Foundation & Relief Fund Inc
Mississippi Farm Bureau Foundation maintains asset growth with zero reported officer compensation.
EIN: 208612993 · Jackson, MS · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $456K |
| Total Expenses | $681K |
| Program Spending | 90% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Mississippi Farm Bureau Foundation & Relief Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mississippi Farm Bureau Foundation & Relief Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mississippi Farm Bureau Foundation & Relief Fund Inc
Mississippi Farm Bureau Foundation & Relief Fund Inc (EIN: 208612993) is a nonprofit organization based in Jackson, MS, classified under NTEE code B90. The organization reported total revenue of $456K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Farm Bureau Foundation & Relief Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Farm Bureau Foundation & Relief Fund Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $861K |
| Total Expenses | $681K |
| Surplus / Deficit | +$180K |
| Total Assets | $3.6M |
| Total Liabilities | $2.4M |
| Net Assets | $1.2M |
| Operating Margin | 20.9% |
| Debt-to-Asset Ratio | 67.0% |
| Months of Reserves | 63.4 months |
Financial Health Grade: A
In 2023, Mississippi Farm Bureau Foundation & Relief Fund Inc reported a surplus of $180K with revenue exceeding expenses, holds 63.4 months of operating reserves (strong position), has a debt-to-asset ratio of 67.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mississippi Farm Bureau Foundation & Relief Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.7% | -18.3% | -5.8% |
| 2022 | +35.0% | -20.2% | +20.6% |
| 2021 | +12.3% | +26.5% | -1.4% |
| 2020 | +81.2% | +72.2% | +3.5% |
| 2019 | -1.5% | -17.8% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mississippi Farm Bureau Foundation & Relief Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Mississippi Farm Bureau Foundation & Relief Fund Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $180K, with revenue exceeding expenses.
- Debt-to-asset ratio: 67.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mississippi Farm Bureau Foundation & Relief Fund Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data makes precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Mississippi Farm Bureau Foundation & Relief Fund Inc:
- Consistent asset growth over the past decade, from $2.5M to $3.5M.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency.
- Expenses generally managed below revenue in recent years, showing sound financial management (e.g., 2023: $860,784 revenue vs. $680,679 expenses).
Frequently Asked Questions about Mississippi Farm Bureau Foundation & Relief Fund Inc
Is Mississippi Farm Bureau Foundation & Relief Fund Inc a legitimate charity?
Mississippi Farm Bureau Foundation & Relief Fund Inc (EIN: 208612993) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $456K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Mississippi Farm Bureau Foundation & Relief Fund Inc spend its money?
Mississippi Farm Bureau Foundation & Relief Fund Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mississippi Farm Bureau Foundation & Relief Fund Inc tax-deductible?
Mississippi Farm Bureau Foundation & Relief Fund Inc is registered as a tax-exempt nonprofit (EIN: 208612993). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mississippi Farm Bureau Foundation & Relief Fund Inc's spending goes to programs?
Mississippi Farm Bureau Foundation & Relief Fund Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mississippi Farm Bureau Foundation & Relief Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mississippi Farm Bureau Foundation & Relief Fund Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mississippi Farm Bureau Foundation & Relief Fund Inc located?
Mississippi Farm Bureau Foundation & Relief Fund Inc is headquartered in Jackson, Mississippi and files with the IRS under EIN 208612993. It is classified under NTEE code B90.
How many years of IRS 990 filings does Mississippi Farm Bureau Foundation & Relief Fund Inc have?
Mississippi Farm Bureau Foundation & Relief Fund Inc 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 $456K in total revenue.
Is Mississippi Farm Bureau Foundation & Relief Fund Inc. financially stable?
Yes, the organization appears financially stable. It has consistently grown its assets from $2,507,208 in 2014 to $3,593,825 in 2023, and in most recent years, its revenue has exceeded expenses, such as $860,784 revenue vs. $680,679 expenses in 2023.
How does the organization manage executive compensation?
The organization reports 0% officer compensation across all 13 available filings, suggesting a highly efficient or volunteer-led executive structure.
Has the organization's revenue been consistent?
Revenue has fluctuated, with a peak of $1,428,537 in 2022 and a low of $520,265 in 2019 within the provided data, but generally remains robust.
What is the trend in the organization's assets?
The organization has shown a consistent upward trend in assets, growing from $2,507,208 in 2014 to $3,593,825 in 2023, indicating effective asset management and accumulation.
Filing History
IRS 990 filing history for Mississippi Farm Bureau Foundation & Relief Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mississippi Farm Bureau Foundation & Relief Fund Inc's revenue has grown by 103.5%, moving from $423K to $861K. Total assets increased by 87.9% over the same period, from $1.9M to $3.6M. Total functional expenses rose by 108.5%, from $327K to $681K. In its most recent filing year (2023), Mississippi Farm Bureau Foundation & Relief Fund Inc reported a surplus of $180K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $3.6M in assets (debt-to-asset ratio: 67.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $861K | $681K | $3.6M | $2.4M | — | View 990 |
| 2022 | $1.4M | $833K | $3.8M | $2.8M | — | View 990 |
| 2021 | $1.1M | $1.0M | $3.2M | $2.8M | — | View 990 |
| 2020 | $943K | $825K | $3.2M | $2.8M | — | — |
| 2019 | $520K | $479K | $3.1M | $2.8M | — | View 990 |
| 2018 | $528K | $583K | $3.1M | $3.0M | — | View 990 |
| 2017 | $593K | $654K | $3.0M | $2.7M | — | — |
| 2016 | $520K | $587K | $2.6M | $2.3M | — | View 990 |
| 2015 | $702K | $564K | $2.6M | $2.2M | — | View 990 |
| 2014 | $608K | $546K | $2.5M | $2.3M | — | View 990 |
| 2013 | $551K | $403K | $2.1M | $1.9M | — | View 990 |
| 2012 | $285K | $434K | $1.7M | $1.7M | — | View 990 |
| 2011 | $423K | $327K | $1.9M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $861K, expenses of $681K, and assets of $3.6M (revenue -39.7% year-over-year).
- 2022: Revenue of $1.4M, expenses of $833K, and assets of $3.8M (revenue +35.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $3.2M (revenue +12.3% year-over-year).
- 2020: Revenue of $943K, expenses of $825K, and assets of $3.2M (revenue +81.2% year-over-year).
- 2019: Revenue of $520K, expenses of $479K, and assets of $3.1M (revenue -1.5% year-over-year).
- 2018: Revenue of $528K, expenses of $583K, and assets of $3.1M (revenue -11.0% year-over-year).
- 2017: Revenue of $593K, expenses of $654K, and assets of $3.0M (revenue +14.0% year-over-year).
- 2016: Revenue of $520K, expenses of $587K, and assets of $2.6M (revenue -25.9% year-over-year).
- 2015: Revenue of $702K, expenses of $564K, and assets of $2.6M (revenue +15.4% year-over-year).
- 2014: Revenue of $608K, expenses of $546K, and assets of $2.5M (revenue +10.4% year-over-year).
- 2013: Revenue of $551K, expenses of $403K, and assets of $2.1M (revenue +93.2% year-over-year).
- 2012: Revenue of $285K, expenses of $434K, and assets of $1.7M (revenue -32.6% year-over-year).
- 2011: Revenue of $423K, expenses of $327K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Farm Bureau Foundation & Relief Fund Inc:
Data Sources and Methodology
This transparency report for Mississippi Farm Bureau Foundation & Relief Fund Inc 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.