Randolph County Farm Bureau
EIN: 370477550 · Sparta, IL
| Metric | Value |
|---|---|
| Total Expenses | $318K |
| Net Assets | $679K |
Is Randolph 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 Randolph County Farm Bureau
Randolph County Farm Bureau (EIN: 370477550) is a nonprofit organization based in Sparta, IL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Randolph County Farm Bureau's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Randolph County Farm Bureau is a small nonprofit that has been operating for 101 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $368K |
| Total Expenses | $318K |
| Surplus / Deficit | +$50K |
| Total Assets | $704K |
| Total Liabilities | $25K |
| Net Assets | $679K |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 26.6 months |
Financial Health Grade: A
In 2023, Randolph County Farm Bureau reported a surplus of $50K with revenue exceeding expenses, holds 26.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Randolph County Farm Bureau's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.0% | +9.0% | +8.0% |
| 2022 | -47.2% | +10.3% | -12.6% |
| 2021 | +27.6% | +24.4% | +21.0% |
| 2020 | +0.7% | -19.8% | +10.3% |
| 2019 | -0.4% | -8.4% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1925 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Randolph 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 Randolph 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 $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about Randolph County Farm Bureau
Is Randolph County Farm Bureau a legitimate charity?
Randolph County Farm Bureau (EIN: 370477550) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Randolph County Farm Bureau spend its money?
Randolph County Farm Bureau reported its financials 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 Randolph County Farm Bureau tax-deductible?
Randolph County Farm Bureau is registered as a tax-exempt nonprofit (EIN: 370477550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Randolph County Farm Bureau located?
Randolph County Farm Bureau is headquartered in Sparta, Illinois and files with the IRS under EIN 370477550.
How many years of IRS 990 filings does Randolph County Farm Bureau have?
Randolph 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.
Filing History
IRS 990 filing history for Randolph County Farm Bureau showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Randolph County Farm Bureau's revenue has grown by 32.6%, moving from $277K to $368K. Total assets increased by 67.7% over the same period, from $420K to $704K. Total functional expenses rose by 12.4%, from $283K to $318K. In its most recent filing year (2023), Randolph County Farm Bureau reported a surplus of $50K, with revenue exceeding expenses. The organization holds $25K in liabilities against $704K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $679K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $368K | $318K | $704K | $25K | — | View 990 |
| 2022 | $204K | $292K | $652K | $23K | — | View 990 |
| 2021 | $387K | $264K | $746K | $29K | — | View 990 |
| 2020 | $303K | $213K | $616K | $22K | — | — |
| 2019 | $301K | $265K | $559K | $17K | — | View 990 |
| 2018 | $302K | $289K | $524K | $18K | — | View 990 |
| 2017 | $304K | $280K | $504K | $23K | — | View 990 |
| 2016 | $284K | $261K | $470K | $27K | — | View 990 |
| 2015 | $292K | $285K | $401K | $15K | — | View 990 |
| 2014 | $298K | $324K | $419K | $38K | — | View 990 |
| 2013 | $287K | $310K | $434K | $31K | — | View 990 |
| 2012 | $286K | $289K | $427K | $14K | — | View 990 |
| 2011 | $277K | $283K | $420K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $368K, expenses of $318K, and assets of $704K (revenue +80.0% year-over-year).
- 2022: Revenue of $204K, expenses of $292K, and assets of $652K (revenue -47.2% year-over-year).
- 2021: Revenue of $387K, expenses of $264K, and assets of $746K (revenue +27.6% year-over-year).
- 2020: Revenue of $303K, expenses of $213K, and assets of $616K (revenue +0.7% year-over-year).
- 2019: Revenue of $301K, expenses of $265K, and assets of $559K (revenue -0.4% year-over-year).
- 2018: Revenue of $302K, expenses of $289K, and assets of $524K (revenue -0.4% year-over-year).
- 2017: Revenue of $304K, expenses of $280K, and assets of $504K (revenue +6.9% year-over-year).
- 2016: Revenue of $284K, expenses of $261K, and assets of $470K (revenue -2.7% year-over-year).
- 2015: Revenue of $292K, expenses of $285K, and assets of $401K (revenue -2.3% year-over-year).
- 2014: Revenue of $298K, expenses of $324K, and assets of $419K (revenue +3.9% year-over-year).
- 2013: Revenue of $287K, expenses of $310K, and assets of $434K (revenue +0.5% year-over-year).
- 2012: Revenue of $286K, expenses of $289K, and assets of $427K (revenue +3.0% year-over-year).
- 2011: Revenue of $277K, expenses of $283K, and assets of $420K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Randolph County Farm Bureau:
Data Sources and Methodology
This transparency report for Randolph 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.