Civic Intelligence

Chowan County Farm Bureau Inc

990EZ • Fiscal year 2019 • EIN 23-7022448

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 19, 2020

PO Box 269Edenton, NC 27932

(252) 482-7434

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

75th percentile

16%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Asset Growth

54th percentile

4.8%

Faster asset growth than 54% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

1.8%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$462,979

Up $21,182 (+4.8%) from 2018

Net Assets

Up

$462,979

Up $21,182 (+4.8%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$134,585

Up $2,424 (+1.8%) from 2018

Expenses

Down

$113,403

Down $8,695 (-7.1%) from 2018

Net Income

Up

$21,182

Up $11,119 (+110%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $351,305Net Assets 2011: $351,3052011Assets 2012: $358,819Net Assets 2012: $358,8192012Assets 2013: $371,647Net Assets 2013: $371,6472013Assets 2014: $380,926Net Assets 2014: $380,9262014Assets 2015: $396,147Net Assets 2015: $396,1472015Assets 2016: $414,679Net Assets 2016: $414,6792016Assets 2017: $431,734Net Assets 2017: $431,7342017Assets 2018: $441,797Net Assets 2018: $441,7972018Assets 2019: $462,979Net Assets 2019: $462,9792019Assets 2020: $490,813Net Assets 2020: $490,8132020Assets 2021: $496,525Net Assets 2021: $496,5252021Assets 2022: $512,919Liabilities 2022: $0Net Assets 2022: $512,9192022Assets 2023: $526,614Liabilities 2023: $0Net Assets 2023: $526,6142023Assets 2024: $530,869Liabilities 2024: $0Net Assets 2024: $530,8692024

Highlighted filing

2019

Assets$462,979
Liabilities-
Net Assets$462,979

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0Revenue 2011: $116,028Expenses 2011: $100,058Net Income 2011: $15,9702011Revenue 2012: $114,866Expenses 2012: $107,352Net Income 2012: $7,5142012Revenue 2013: $114,227Expenses 2013: $101,399Net Income 2013: $12,8282013Revenue 2014: $118,985Expenses 2014: $109,706Net Income 2014: $9,2792014Revenue 2015: $126,364Expenses 2015: $111,143Net Income 2015: $15,2212015Revenue 2016: $132,857Expenses 2016: $114,325Net Income 2016: $18,5322016Revenue 2017: $133,642Expenses 2017: $116,587Net Income 2017: $17,0552017Revenue 2018: $132,161Expenses 2018: $122,098Net Income 2018: $10,0632018Revenue 2019: $134,585Expenses 2019: $113,403Net Income 2019: $21,1822019Revenue 2020: $138,991Expenses 2020: $111,157Net Income 2020: $27,8342020Revenue 2021: $135,464Expenses 2021: $129,752Net Income 2021: $5,7122021Revenue 2022: $93,345Expenses 2022: $76,951Net Income 2022: $16,3942022Revenue 2023: $94,683Expenses 2023: $80,988Net Income 2023: $13,6952023Revenue 2024: $93,838Expenses 2024: $89,583Net Income 2024: $4,2552024

Highlighted filing

2019

Revenue$134,585
Expenses$113,403
Net Income$21,182
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 19, 2020
Return Version
2019v5.0
Gross Receipts
$134,585
Mission and Program Overview

Mission

Private, non-profit organization created to develop, foster, promote and protect programs for the welfare of farm people, including their economic, social and educational well-being.

Program Services

DescriptionGrantsExpenses
POLICY DEVELOPMENT- MEMBERS WORKING IN COMMITTEES INVOLVED AT THE COUNTY, DISTRICT AND STATE LEVELS TO IDENTIFY ISSUES IMPORTANT TO THE WELL BEING OF AGRICULTURE AND DEVELOPING PUBLIC POLICIES ON SUCH ISSUES TO PURSUE THROUGH THE LEGISLATIVE AND REGULATORY PROCESS.--
PUBLIC AWARENESS ACTIVITIES - TO INFORM THE PUBLIC OF THE IMPORTANCE OF AGRICULTURE TO THE ECONOMY OF THE COUNTY. COORDINATED AND HELPED TO SPONSER EVENTS WITH OTHER AGRICULTURE AND COMMUNITY GROUPS TO RAISE THE PUBLIC AWARENESS OF AGRICULTURAL ENTERPRISES WITHIN THE COUNTY AND TO INCREASE FARMER'S PRODUCTION KNOWLEDGE.--
AGRICULTURAL LEADERSHIP DEVELOPMENT -PLANNED, CONDUCTED AND SUPPORTED ACTIVITIES FOR YOUTH AND ADULTS INVOLVED IN AGRICULTURE THAT PROVIDED OPPORTUNITIES TO EXPLORE THE AGRICULTURAL INDUSTRY AND DEVELOP LEADERSHIP SKILLS. THESE ACTIVITIES INCLUDED COLLEGE SCHOLARSHIPS FOR STUDENTS MAJORING IN AN AGRICULTURAL FIELD OF STUDY, INSTITUTE FOR FUTURE AGRICULTURAL LEADERSHIP AND VARIOUS LEADERSHIP CONFERENCES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF SMITHPresident-$0--
J M PARRISHV-President-$0--
JOHNNY LAYTONSecretary/Tr-$0--
J C FOREHANDMember-Bod-$0--
MARTY GOODWINMember-Bod-$0--
WILLIAM MONDSMember-Bod-$0--
CAREY PARRISHMember-Bod-$0--
WAYNE PARRISHMember-Bod-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Chowan County Farm Bureau Inc
EIN
23-7022448
Phone
2524827434
Address
PO BOX 269, EDENTON, NC 27932

Signing Officer

Name
Jeff Smith
Title
President
Phone
2524827434
Signed
2020-10-19
Discuss with paid preparer
Yes

Preparer

Firm
A T Allen & Company Llp Cpas
Address
2245 GATEWAY ACCESS PT STE 201, RALEIGH, NC 27607
Preparer
Ernest W Warner Jr
Phone
9197817550
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Office space rental insurance 2,235 cleaning/maintenance 7,261 repairs 4,018 taxes and licenses 3,935 utilities 6,123 depreciation 11,448 telephone 5,342 expenses office 1,432 conferences/meetings 3,049 insurance 215 bank charges 66 dues & publications 521 education 4,124 payments to affiliates 40,499 office support services 7,876 equipment rental 194 depreciation 1,903 total 100,241

Form 990-ez, Part II, Line 24

Other loans receivable 1,950 0 equipment 287 287 less accumulated depreciation 287 287 furniture 37,412 38,158 less accumulated depreciation 35,920 37,015 land improvements 25,269 25,269 less accumulated depreciation 22,571 23,475 total 6,140 2,937

Form 990-ez, Part III

Private, non-profit organization created to develop, foster, promote and protect programs for the welfare of farm people, including their economic, social and educational well-being.

Form 990-ez, Part III, Line 28

Policy development- members working in committees involved at the county, district and state levels to identify issues important to the well being of agriculture and developing public policies on such issues to pursue through the legislative and regulatory process.

Form 990-ez, Part III, Line 29

Public awareness activities - to inform the public of the importance of agriculture to the economy of the county. Coordinated and helped to sponser events with other agriculture and community groups to raise the public awareness of agricultural enterprises within the county and to increase farmer's production knowledge.

Form 990-ez, Part III, Line 30

Agricultural leadership development -planned, conducted and supported activities for youth and adults involved in agriculture that provided opportunities to explore the agricultural industry and develop leadership skills. These activities included college scholarships for students majoring in an agricultural field of study, institute for future agricultural leadership and various leadership conferences.

Raw XML Appendix140 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFF SMITH
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2AGRICULTURAL LEADERSHIP DEVELOPMENT -PLANNED, CONDUCTED AND SUPPORTED ACTIVITIES FOR YOUTH AND ADULTS INVOLVED IN AGRICULTURE THAT PROVIDED OPPORTUNITIES TO EXPLORE THE AGRICULTURAL INDUSTRY AND DEVELOP LEADERSHIP SKILLS. THESE ACTIVITIES INCLUDED COLLEGE SCHOLARSHIPS FOR STUDENTS MAJORING IN AN AGRICULTURAL FIELD OF STUDY, INSTITUTE FOR FUTURE AGRICULTURAL LEADERSHIP AND VARIOUS LEADERSHIP CONFERENCES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICE SPACE RENTAL INSURANCE 2,235 CLEANING/MAINTENANCE 7,261 REPAIRS 4,018 TAXES AND LICENSES 3,935 UTILITIES 6,123 DEPRECIATION 11,448 TELEPHONE 5,342 EXPENSES OFFICE 1,432 CONFERENCES/MEETINGS 3,049 INSURANCE 215 BANK CHARGES 66 DUES & PUBLICATIONS 521 EDUCATION 4,124 PAYMENTS TO AFFILIATES 40,499 OFFICE SUPPORT SERVICES 7,876 EQUIPMENT RENTAL 194 DEPRECIATION 1,903 TOTAL 100,241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER LOANS RECEIVABLE 1,950 0 EQUIPMENT 287 287 LESS ACCUMULATED DEPRECIATION 287 287 FURNITURE 37,412 38,158 LESS ACCUMULATED DEPRECIATION 35,920 37,015 LAND IMPROVEMENTS 25,269 25,269 LESS ACCUMULATED DEPRECIATION 22,571 23,475 TOTAL 6,140 2,937
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIVATE, NON-PROFIT ORGANIZATION CREATED TO DEVELOP, FOSTER, PROMOTE AND PROTECT PROGRAMS FOR THE WELFARE OF FARM PEOPLE, INCLUDING THEIR ECONOMIC, SOCIAL AND EDUCATIONAL WELL-BEING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POLICY DEVELOPMENT- MEMBERS WORKING IN COMMITTEES INVOLVED AT THE COUNTY, DISTRICT AND STATE LEVELS TO IDENTIFY ISSUES IMPORTANT TO THE WELL BEING OF AGRICULTURE AND DEVELOPING PUBLIC POLICIES ON SUCH ISSUES TO PURSUE THROUGH THE LEGISLATIVE AND REGULATORY PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PUBLIC AWARENESS ACTIVITIES - TO INFORM THE PUBLIC OF THE IMPORTANCE OF AGRICULTURE TO THE ECONOMY OF THE COUNTY. COORDINATED AND HELPED TO SPONSER EVENTS WITH OTHER AGRICULTURE AND COMMUNITY GROUPS TO RAISE THE PUBLIC AWARENESS OF AGRICULTURAL ENTERPRISES WITHIN THE COUNTY AND TO INCREASE FARMER'S PRODUCTION KNOWLEDGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AGRICULTURAL LEADERSHIP DEVELOPMENT -PLANNED, CONDUCTED AND SUPPORTED ACTIVITIES FOR YOUTH AND ADULTS INVOLVED IN AGRICULTURE THAT PROVIDED OPPORTUNITIES TO EXPLORE THE AGRICULTURAL INDUSTRY AND DEVELOP LEADERSHIP SKILLS. THESE ACTIVITIES INCLUDED COLLEGE SCHOLARSHIPS FOR STUDENTS MAJORING IN AN AGRICULTURAL FIELD OF STUDY, INSTITUTE FOR FUTURE AGRICULTURAL LEADERSHIP AND VARIOUS LEADERSHIP CONFERENCES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
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ReturnHeader/BusinessOfficerGrp/PhoneNum02524827434
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-19
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
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ReturnHeader/PreparerPersonGrp/PhoneNum09197817550
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERNEST W WARNER JR
ReturnHeader/ReturnTs02020-11-09T08:55:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.31$0.00$5.31$0.94$0.90$0.04
2023Detailed filing. Detailed filing data is available for this year.$5.27$0.00$5.27$0.95$0.81$0.14
2022Detailed filing. Detailed filing data is available for this year.$5.13$0.00$5.13$0.93$0.77$0.16
2021Detailed filing. Detailed filing data is available for this year.$4.97$4.97$1.35$1.30$0.06
2020Detailed filing. Detailed filing data is available for this year.$4.91$4.91$1.39$1.11$0.28
2019Detailed filing. Detailed filing data is available for this year.$4.63$4.63$1.35$1.13$0.21
2018Detailed filing. Detailed filing data is available for this year.$4.42$4.42$1.32$1.22$0.10
2017Detailed filing. Detailed filing data is available for this year.$4.32$4.32$1.34$1.17$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.15$4.15$1.33$1.14$0.19
2015Detailed filing. Detailed filing data is available for this year.$3.96$3.96$1.26$1.11$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.81$3.81$1.19$1.10$0.09
2013Detailed filing. Detailed filing data is available for this year.$3.72$3.72$1.14$1.01$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$3.59$1.15$1.07$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.51$3.51$1.16$1.00$0.16