United Farmers Agents Association
EIN: 237185153 · Raleigh, NC · NTEE: K20A
| Metric | Value |
|---|---|
| Total Revenue | $270K |
| Total Expenses | $273K |
| Net Assets | $262K |
Is United Farmers Agents Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About United Farmers Agents Association
United Farmers Agents Association (EIN: 237185153) is a nonprofit organization based in Raleigh, NC, classified under NTEE code K20A. The organization reported total revenue of $270K and total assets of $301K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Farmers Agents Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Farmers Agents Association is a small nonprofit that has been operating for 54 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $299K |
| Total Expenses | $273K |
| Surplus / Deficit | +$26K |
| Total Assets | $262K |
| Net Assets | $262K |
| Operating Margin | 8.6% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, United Farmers Agents Association reported a surplus of $26K with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), United Farmers Agents Association's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | +0.9% | +10.9% |
| 2022 | +1.3% | +5.5% | -29.0% |
| 2021 | -29.0% | -48.3% | +36.6% |
| 2019 | -16.0% | +0.8% | -20.8% |
| 2018 | -10.0% | -17.6% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for United Farmers Agents Association 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 United Farmers Agents Association 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 $26K, with revenue exceeding expenses.
Frequently Asked Questions about United Farmers Agents Association
Is United Farmers Agents Association a legitimate charity?
United Farmers Agents Association (EIN: 237185153) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $270K. No red flags identified. Financial health grade: A.
How does United Farmers Agents Association spend its money?
United Farmers Agents Association reported $270K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to United Farmers Agents Association tax-deductible?
United Farmers Agents Association is registered as a tax-exempt nonprofit (EIN: 237185153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is United Farmers Agents Association located?
United Farmers Agents Association is headquartered in Raleigh, North Carolina and files with the IRS under EIN 237185153. It is classified under NTEE code K20A.
How many years of IRS 990 filings does United Farmers Agents Association have?
United Farmers Agents Association has 12 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 $270K in total revenue.
Filing History
IRS 990 filing history for United Farmers Agents Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), United Farmers Agents Association's revenue has declined by 53.5%, moving from $643K to $299K. Total assets decreased by 47.4% over the same period, from $499K to $262K. Total functional expenses fell by 56.3%, from $626K to $273K. In its most recent filing year (2023), United Farmers Agents Association reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $299K | $273K | $262K | $0 | — | View 990 |
| 2022 | $323K | $271K | $237K | $0 | — | View 990 |
| 2021 | $319K | $257K | $333K | $149K | — | View 990 |
| 2019 | $449K | $496K | $244K | $107K | — | View 990 |
| 2018 | $534K | $492K | $308K | $124K | — | View 990 |
| 2017 | $593K | $598K | $285K | $142K | — | View 990 |
| 2016 | $640K | $714K | $289K | $142K | — | View 990 |
| 2015 | $594K | $766K | $370K | $149K | — | View 990 |
| 2014 | $573K | $684K | $400K | $7K | — | View 990 |
| 2013 | $691K | $704K | $513K | $9K | — | View 990 |
| 2012 | $659K | $635K | $522K | $4K | — | View 990 |
| 2011 | $643K | $626K | $499K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $299K, expenses of $273K, and assets of $262K (revenue -7.4% year-over-year).
- 2022: Revenue of $323K, expenses of $271K, and assets of $237K (revenue +1.3% year-over-year).
- 2021: Revenue of $319K, expenses of $257K, and assets of $333K (revenue -29.0% year-over-year).
- 2019: Revenue of $449K, expenses of $496K, and assets of $244K (revenue -16.0% year-over-year).
- 2018: Revenue of $534K, expenses of $492K, and assets of $308K (revenue -10.0% year-over-year).
- 2017: Revenue of $593K, expenses of $598K, and assets of $285K (revenue -7.3% year-over-year).
- 2016: Revenue of $640K, expenses of $714K, and assets of $289K (revenue +7.9% year-over-year).
- 2015: Revenue of $594K, expenses of $766K, and assets of $370K (revenue +3.6% year-over-year).
- 2014: Revenue of $573K, expenses of $684K, and assets of $400K (revenue -17.1% year-over-year).
- 2013: Revenue of $691K, expenses of $704K, and assets of $513K (revenue +4.9% year-over-year).
- 2012: Revenue of $659K, expenses of $635K, and assets of $522K (revenue +2.4% year-over-year).
- 2011: Revenue of $643K, expenses of $626K, and assets of $499K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Farmers Agents Association:
Data Sources and Methodology
This transparency report for United Farmers Agents Association 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.