Civic Intelligence

Smyth County Farm Bureau

990 • Fiscal year 2018 • EIN 54-0632715

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 30, 2019

354 S Main StMarion, VA 24354

(276) 783-6148

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

0.32x

Higher debt load relative to revenue than 90% of similar nonprofits.

2018 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2018

Net Margin

29th percentile

-1.9%

Higher net margin than 29% of similar nonprofits.

2018 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

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

2018 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2018

Asset Growth

36th percentile

-0.7%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

32nd percentile

-2.1%

Faster revenue growth than 32% of similar nonprofits.

2018 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$574,518

Down $4,285 (-0.7%) from 2017

Net Assets

Down

$542,449

Down $2,559 (-0.5%) from 2017

Liabilities

Down

$32,069

Down $1,726 (-5.1%) from 2017

Revenue

Down

$101,428

Down $2,186 (-2.1%) from 2017

Expenses

Down

$103,403

Down $4,863 (-4.5%) from 2017

Net Income

Up

-$1,975

Up $2,677 (+58%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $613,559Liabilities 2011: $40,674Net Assets 2011: $572,8852011Assets 2012: $613,068Liabilities 2012: $36,055Net Assets 2012: $577,0132012Assets 2013: $609,230Liabilities 2013: $34,599Net Assets 2013: $574,6312013Assets 2014: $611,909Liabilities 2014: $34,538Net Assets 2014: $577,3712014Assets 2015: $597,602Liabilities 2015: $35,200Net Assets 2015: $562,4022015Assets 2016: $584,584Liabilities 2016: $34,924Net Assets 2016: $549,6602016Assets 2017: $578,803Liabilities 2017: $33,795Net Assets 2017: $545,0082017Assets 2018: $574,518Liabilities 2018: $32,069Net Assets 2018: $542,4492018Assets 2019: $574,385Liabilities 2019: $30,571Net Assets 2019: $543,8142019Assets 2020: $587,537Liabilities 2020: $29,222Net Assets 2020: $558,3152020Assets 2021: $578,109Liabilities 2021: $20,553Net Assets 2021: $557,5562021Assets 2022: $572,656Liabilities 2022: $28,068Net Assets 2022: $544,5882022Assets 2023: $576,219Liabilities 2023: $35,137Net Assets 2023: $541,0822023Assets 2024: $562,700Liabilities 2024: $23,092Net Assets 2024: $539,6082024

Highlighted filing

2018

Assets$574,518
Liabilities$32,069
Net Assets$542,449

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $122,979Expenses 2011: $117,546Net Income 2011: $5,4332011Revenue 2012: $119,491Expenses 2012: $115,363Net Income 2012: $4,1282012Revenue 2013: $110,469Expenses 2013: $112,851Net Income 2013: -$2,3822013Revenue 2014: $108,119Expenses 2014: $105,379Net Income 2014: $2,7402014Revenue 2015: $107,392Expenses 2015: $122,361Net Income 2015: -$14,9692015Revenue 2016: $106,618Expenses 2016: $119,360Net Income 2016: -$12,7422016Revenue 2017: $103,614Expenses 2017: $108,266Net Income 2017: -$4,6522017Revenue 2018: $101,428Expenses 2018: $103,403Net Income 2018: -$1,9752018Revenue 2019: $99,497Expenses 2019: $98,132Net Income 2019: $1,3652019Revenue 2020: $97,743Expenses 2020: $83,242Net Income 2020: $14,5012020Revenue 2021: $97,806Expenses 2021: $98,565Net Income 2021: -$7592021Revenue 2022: $98,077Expenses 2022: $111,045Net Income 2022: -$12,9682022Revenue 2023: $105,246Expenses 2023: $108,752Net Income 2023: -$3,5062023Revenue 2024: $107,935Expenses 2024: $109,409Net Income 2024: -$1,4742024

Highlighted filing

2018

Revenue$101,428
Expenses$103,403
Net Income-$1,975
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 30, 2019
Return Version
2018v3.1
Gross Receipts
$101,428
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$545,008$542,449▼ $2,559
Land, Buildings, and Equipment, Net$335,443$323,763▼ $11,680
Savings and Temporary Cash Investments$183,059$184,820▲ $1,761
Cash and Non-Interest-Bearing Accounts$57,261$64,152▲ $6,891
Accounts Receivable$3,040$1,783▼ $1,257
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$578,803$574,518▼ $4,285
Liabilities
Deferred Revenue$33,228$31,377▼ $1,851
Accounts Payable and Accrued Expenses$567$692▲ $125
Total Liabilities$33,795$32,069▼ $1,726
Net Assets / Fund Balance
Total Net Assets Fund Balance$545,008$542,449▼ $2,559
Total Liabilities and Net Assets / Fund Balance$578,803$574,518▼ $4,285

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$323,763$242,621$566,384
Equipment$0$13,908$13,908
Compensation and Service Providers

Board Members and Trustees

NameTitle
Diane BeckDirector/women Chair
Charles Walter PrattVice President
Archie AtwellDirector
Charles AtkinsDirector
Joshua BuchananDirector
Justin McclellanDirector
Robert CombsDirector
Scott WaddleDirector
Thomas HaynesDirector
Seth UmbargerImmediate Past Pres
Jason HaynesSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$99,464
Investment Income
$1,764
Other Revenue
$200
Change in Net Assets
$-1,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,367
Grants and Similar Amounts Paid$5,298
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$18,832
Depreciation Depletion---$16,931
Office Expenses---$4,355
Advertising---$3,685
Grants to Domestic Orgs---$3,298
Grants to Domestic Individuals---$2,000
Benefits to Members---$1,738
Occupancy---$1,649
Insurance---$514
Other Expenses---$25
Total Functional Expenses$0$0$0$103,403
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 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 relationships jason haynes and thomas haynes

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

Each board member is asked each year to disclose any potential conflicts of interest that they may have. If the director has a conflict, they do not vote.

Form 990, Part VI, Section C, Line 19

Governing documents are not available to the public.

Filing and Contact Details

Filer

Filer Name
Smyth County Farm Bureau
EIN
54-0632715
Phone
2767836148
Address
354 S MAIN ST, MARION, VA 24354

Signing Officer

Name
C W Pratt
Title
President
Phone
2767836148
Signed
2019-04-30

Organization Details

Principal Officer
C W Pratt
Formed
1953
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11
Raw XML Appendix350 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/PersonNm8CHARLES ATKINS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PAST PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR/WOMEN CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAMILY RELATIONSHIPS JASON HAYNES AND THOMAS HAYNES
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/ExplanationTxt5EACH BOARD MEMBER IS ASKED EACH YEAR TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST THAT THEY MAY HAVE. IF THE DIRECTOR HAS A CONFLICT, THEY DO NOT VOTE.
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/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0578803
IRS990/TotalAssetsEOYAmt0574518
IRS990/TotalAssetsGrp/BOYAmt0578803
IRS990/TotalAssetsGrp/EOYAmt0574518
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0103403
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt033795
IRS990/TotalLiabilitiesEOYAmt032069
IRS990/TotalLiabilitiesGrp/BOYAmt033795
IRS990/TotalLiabilitiesGrp/EOYAmt032069
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0545008
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0542449
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt099464
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0101428
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0101428
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0578803
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0574518
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0354 S MAIN ST
IRS990/USAddress/CityNm0MARION
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd024354
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0C W PRATT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02767836148
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SMYTH COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0SMYT
ReturnHeader/Filer/EIN0540632715
ReturnHeader/Filer/PhoneNum02767836148
ReturnHeader/Filer/USAddress/AddressLine1Txt0354 S MAIN ST
ReturnHeader/Filer/USAddress/CityNm0MARION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024354
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EC607F69AD76B4681BFF1073E3CBBB7783004B3B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AF6E1E5C347EE815920D117458395788B6D424EF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.222.242.70
ReturnHeader/FilingSecurityInformation/IPDt02019-05-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:21:43
ReturnHeader/ReturnTs02019-05-01T10:21:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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.$5.63$0.23$5.40$1.08$1.09$0.01
2023Detailed filing. Detailed filing data is available for this year.$5.76$0.35$5.41$1.05$1.09$0.04
2022Detailed filing. Detailed filing data is available for this year.$5.73$0.28$5.45$0.98$1.11$0.13
2021Detailed filing. Detailed filing data is available for this year.$5.78$0.21$5.58$0.98$0.99$0.01
2020Detailed filing. Detailed filing data is available for this year.$5.88$0.29$5.58$0.98$0.83$0.15
2019Detailed filing. Detailed filing data is available for this year.$5.74$0.31$5.44$0.99$0.98$0.01
2018Detailed filing. Detailed filing data is available for this year.$5.75$0.32$5.42$1.01$1.03$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.79$0.34$5.45$1.04$1.08$0.05
2016Detailed filing. Detailed filing data is available for this year.$5.85$0.35$5.50$1.07$1.19$0.13
2015Detailed filing. Detailed filing data is available for this year.$5.98$0.35$5.62$1.07$1.22$0.15
2014Detailed filing. Detailed filing data is available for this year.$6.12$0.35$5.77$1.08$1.05$0.03
2013Summary only. Only limited summary data is available for this year.$6.09$0.35$5.75$1.10$1.13$0.02
2012Summary only. Only limited summary data is available for this year.$6.13$0.36$5.77$1.19$1.15$0.04
2011Summary only. Only limited summary data is available for this year.$6.14$0.41$5.73$1.23$1.18$0.05