Civic Intelligence

Accomack County Farm Bureau

990 • Fiscal year 2020 • EIN 54-0564303

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 30, 2021

23157 Front StreetAccomack, VA 23301

(757) 787-4208

Siviq Scores

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

Liabilities / Assets

86th percentile

0.08x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

0.16x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Net Margin

36th percentile

4.1%

Higher net margin than 36% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Asset Growth

36th percentile

2.7%

Faster asset growth than 36% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

51st percentile

-2.0%

Faster revenue growth than 51% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$397,826

Up $10,448 (+2.7%) from 2019

Net Assets

Up

$364,707

Up $8,501 (+2.4%) from 2019

Liabilities

Up

$33,119

Up $1,947 (+6.2%) from 2019

Revenue

Down

$209,071

Down $4,303 (-2.0%) from 2019

Expenses

Up

$200,570

Up $10,563 (+5.6%) from 2019

Net Income

Down

$8,501

Down $14,866 (-64%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $229,826Liabilities 2011: $37,178Net Assets 2011: $192,6482011Assets 2012: $224,216Liabilities 2012: $34,135Net Assets 2012: $190,0812012Assets 2013: $246,892Liabilities 2013: $26,729Net Assets 2013: $220,1632013Assets 2014: $288,134Liabilities 2014: $29,113Net Assets 2014: $259,0212014Assets 2015: $312,153Liabilities 2015: $25,833Net Assets 2015: $286,3202015Assets 2016: $344,451Liabilities 2016: $26,685Net Assets 2016: $317,7662016Assets 2017: $364,251Liabilities 2017: $26,798Net Assets 2017: $337,4532017Assets 2018: $359,181Liabilities 2018: $26,342Net Assets 2018: $332,8392018Assets 2019: $387,378Liabilities 2019: $31,172Net Assets 2019: $356,2062019Assets 2020: $397,826Liabilities 2020: $33,119Net Assets 2020: $364,7072020Assets 2021: $391,665Liabilities 2021: $26,598Net Assets 2021: $365,0672021Assets 2022: $377,763Liabilities 2022: $26,852Net Assets 2022: $350,9112022Assets 2023: $385,931Liabilities 2023: $41,066Net Assets 2023: $344,8652023Assets 2024: $373,605Liabilities 2024: $30,898Net Assets 2024: $342,7072024

Highlighted filing

2020

Assets$397,826
Liabilities$33,119
Net Assets$364,707

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $210,866Expenses 2011: $196,352Net Income 2011: $14,5142011Revenue 2012: $211,378Expenses 2012: $213,945Net Income 2012: -$2,5672012Revenue 2013: $216,105Expenses 2013: $186,023Net Income 2013: $30,0822013Revenue 2014: $210,447Expenses 2014: $171,589Net Income 2014: $38,8582014Revenue 2015: $206,475Expenses 2015: $179,176Net Income 2015: $27,2992015Revenue 2016: $206,808Expenses 2016: $175,362Net Income 2016: $31,4462016Revenue 2017: $204,855Expenses 2017: $185,168Net Income 2017: $19,6872017Revenue 2018: $199,758Expenses 2018: $204,373Net Income 2018: -$4,6152018Revenue 2019: $213,374Expenses 2019: $190,007Net Income 2019: $23,3672019Revenue 2020: $209,071Expenses 2020: $200,570Net Income 2020: $8,5012020Revenue 2021: $211,139Expenses 2021: $210,779Net Income 2021: $3602021Revenue 2022: $215,857Expenses 2022: $230,013Net Income 2022: -$14,1562022Revenue 2023: $239,359Expenses 2023: $245,405Net Income 2023: -$6,0462023Revenue 2024: $260,542Expenses 2024: $262,700Net Income 2024: -$2,1582024

Highlighted filing

2020

Revenue$209,071
Expenses$200,570
Net Income$8,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 30, 2021
Return Version
2020v4.1
Gross Receipts
$209,071
Mission and Program Overview

Mission

NONE

An organization of persons interested in agriculture and the betterment of agricultural education, economic opportunity and social advancement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$356,206$364,707▲ $8,501
Savings and Temporary Cash Investments$264,294$268,648▲ $4,354
Cash and Non-Interest-Bearing Accounts$52,839$63,130▲ $10,291
Land, Buildings, and Equipment, Net$60,560$55,816▼ $4,744
Accounts Receivable$9,685$10,232▲ $547
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$387,378$397,826▲ $10,448
Liabilities
Deferred Revenue$25,020$24,675▼ $345
Accounts Payable and Accrued Expenses$6,152$8,444▲ $2,292
Total Liabilities$31,172$33,119▲ $1,947
Net Assets / Fund Balance
Total Net Assets Fund Balance$356,206$364,707▲ $8,501
Total Liabilities and Net Assets / Fund Balance$387,378$397,826▲ $10,448

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$34,658$96,985$131,643
Equipment$12,825$30,574$43,399
Land$7,800-$7,800
Leasehold Improvements$533$1,148$1,681
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matt HickmanPresident
Patrick LongVice President
Barry LongDirector
Brantley T OnleyDirector
Brian BroadwaterDirector
Danny MillsDirector
David HickmanDirector
Donald YoungDirector
Freddy HollandDirector
John JohnstonDirector
Logan HollandDirector
Michael HartDirector
Sands GayleDirector
W Beverly FletcherDirector
Wayne RevellDirector
Lynn GayleSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$200
Program Service Revenue
$204,592
Investment Income
$4,279
Other Revenue
$0
All Other Contributions
$200
Change in Net Assets
$8,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$98,758
Other Expenses$96,973
Grants and Similar Amounts Paid$3,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$76,151
Other Employee Benefits---$16,682
Occupancy---$12,889
Office Expenses---$11,889
Payroll Taxes---$5,925
Conferences and Meetings---$5,218
Depreciation Depletion---$4,743
Grants to Domestic Orgs---$2,500
Benefits to Members---$1,339
All Other Expenses---$1,313
Other Expenses---$1,162
Grants to Domestic Individuals---$1,000
Advertising---$920
Insurance---$622
Total Functional Expenses$0$0$0$200,570
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Family relationship: david hickman and matt hickman - father/son, patrick long and barry long -father/son, lynn gayle and sands gayle - father/son.

Form 990, Part VI, Section A, Line 6

Membership organization of individuals interested in agriculture.

Form 990, Part VI, Section A, Line 7A

Producer members vote on individuals appointed to the board of directors.

Form 990, Part VI, Section A, Line 7B

Changes to the by-laws and articles of incorporation are subject to approval by the producer members.

Form 990, Part VI, Section B, Line 11B

Corporate officers are notified of the completion of form 990 and given an opportunity to review the completed form before filing.

Form 990, Part VI, Section B, Line 12C

Policy is enforced when a transaction that might involve a conflict is comtemplated.

Form 990, Part VI, Section C, Line 19

Governing documents are not available to the public.

Filing and Contact Details

Filer

Filer Name
Accomack County Farm Bureau
EIN
54-0564303
Phone
7577874208
Address
23157 FRONT STREET, ACCOMACK, VA 23301

Signing Officer

Name
Matt Hickman
Title
President
Phone
7577874208
Signed
2021-03-30

Organization Details

Principal Officer
Matt Hickman
Formed
1970
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16
Raw XML Appendix394 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt175290
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0129302
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMODITIES-WORKING WITH SPECIALLY TRAINED VIRGINIA FARM BUREAU EMPLOYEES TO SOLVE PROBLEMS OF COMMODITY GROUPS WITHIN OUR MEMBERSHIP.
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNICATIONS-DISTRIBUTION OF INFORMATION TO MEMBERS OF ORGANIZATION VIA NEWSLETTERS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01366
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt01700
IRS990/PYInvestmentIncomeAmt05156
IRS990/PYOtherExpensesAmt0108703
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0208218
IRS990/PYRevenuesLessExpensesAmt023367
IRS990/PYSalariesCompEmpBnftPaidAmt078238
IRS990/PYTotalExpensesAmt0190007
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0213374
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt08501
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0356206
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0364707
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0264294
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0268648
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt034658
IRS990ScheduleD/BuildingsGrp/DepreciationAmt096985
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0131643
IRS990ScheduleD/EquipmentGrp/BookValueAmt012825
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030574
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043399
IRS990ScheduleD/LandGrp/BookValueAmt07800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07800
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0533
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01148
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01681
IRS990ScheduleD/TotalBookValueLandBuildingsAmt055816
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAMILY RELATIONSHIP: DAVID HICKMAN AND MATT HICKMAN - FATHER/SON, PATRICK LONG AND BARRY LONG -FATHER/SON, LYNN GAYLE AND SANDS GAYLE - FATHER/SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP ORGANIZATION OF INDIVIDUALS INTERESTED IN AGRICULTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRODUCER MEMBERS VOTE ON INDIVIDUALS APPOINTED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGES TO THE BY-LAWS AND ARTICLES OF INCORPORATION ARE SUBJECT TO APPROVAL BY THE PRODUCER MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CORPORATE OFFICERS ARE NOTIFIED OF THE COMPLETION OF FORM 990 AND GIVEN AN OPPORTUNITY TO REVIEW THE COMPLETED FORM BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5POLICY IS ENFORCED WHEN A TRANSACTION THAT MIGHT INVOLVE A CONFLICT IS COMTEMPLATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0387378
IRS990/TotalAssetsEOYAmt0397826
IRS990/TotalAssetsGrp/BOYAmt0387378
IRS990/TotalAssetsGrp/EOYAmt0397826
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0200
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0200570
IRS990/TotalGrossUBIAmt0129302
IRS990/TotalLiabilitiesBOYAmt031172
IRS990/TotalLiabilitiesEOYAmt033119
IRS990/TotalLiabilitiesGrp/BOYAmt031172
IRS990/TotalLiabilitiesGrp/EOYAmt033119
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0356206
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0364707
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0204592
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079569
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0209071
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0129302
IRS990/TotalVolunteersCnt016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0387378
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0397826
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt023157 FRONT STREET
IRS990/USAddress/CityNm0ACCOMACK
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023301
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT HICKMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07577874208
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACCOMACK COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0ACCO
ReturnHeader/Filer/EIN0540564303
ReturnHeader/Filer/PhoneNum07577874208
ReturnHeader/Filer/USAddress/AddressLine1Txt023157 FRONT STREET
ReturnHeader/Filer/USAddress/CityNm0ACCOMACK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023301
ReturnHeader/ReturnTs02021-03-30T11:43:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HICKMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.74$0.31$3.43$2.61$2.63$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.86$0.41$3.45$2.39$2.45$0.06
2022Detailed filing. Detailed filing data is available for this year.$3.78$0.27$3.51$2.16$2.30$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.92$0.27$3.65$2.11$2.11$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.98$0.33$3.65$2.09$2.01$0.09
2019Detailed filing. Detailed filing data is available for this year.$3.87$0.31$3.56$2.13$1.90$0.23
2018Detailed filing. Detailed filing data is available for this year.$3.59$0.26$3.33$2.00$2.04$0.05
2017Detailed filing. Detailed filing data is available for this year.$3.64$0.27$3.37$2.05$1.85$0.20
2016Detailed filing. Detailed filing data is available for this year.$3.44$0.27$3.18$2.07$1.75$0.31
2015Detailed filing. Detailed filing data is available for this year.$3.12$0.26$2.86$2.06$1.79$0.27
2014Detailed filing. Detailed filing data is available for this year.$2.88$0.29$2.59$2.10$1.72$0.39
2013Summary only. Only limited summary data is available for this year.$2.47$0.27$2.20$2.16$1.86$0.30
2012Summary only. Only limited summary data is available for this year.$2.24$0.34$1.90$2.11$2.14$0.03
2011Summary only. Only limited summary data is available for this year.$2.30$0.37$1.93$2.11$1.96$0.15
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)5 • <$500k nonprofits