Civic Intelligence

Scott County Farm Bureau

990EZ • Fiscal year 2022 • EIN 54-0651950

Nov 01, 2021 to Oct 31, 2022 • Filed on Feb 21, 2023

1378 West Jackson StGate City, VA 24251

(276) 386-7411

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.04x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

0.16x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Net Margin

60th percentile

7.4%

Higher net margin than 60% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Asset Growth

51st percentile

1.4%

Faster asset growth than 51% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

43rd percentile

-0.9%

Faster revenue growth than 43% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$361,926

Up $4,878 (+1.4%) from 2021

Net Assets

Up

$346,273

Up $7,202 (+2.1%) from 2021

Liabilities

Down

$15,653

Down $2,324 (-13%) from 2021

Revenue

Down

$97,677

Down $852 (-0.9%) from 2021

Expenses

Up

$90,475

Up $8,557 (+10%) from 2021

Net Income

Down

$7,202

Down $9,409 (-57%) from 2021

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: $267,175Liabilities 2011: $20,4252011Assets 2012: $297,443Liabilities 2012: $28,4932012Assets 2013: $280,091Liabilities 2013: $9,6232013Assets 2014: $287,495Liabilities 2014: $11,253Net Assets 2014: $276,2422014Assets 2015: $296,155Liabilities 2015: $11,168Net Assets 2015: $284,9872015Assets 2016: $301,054Liabilities 2016: $11,717Net Assets 2016: $289,3372016Assets 2017: $303,702Liabilities 2017: $12,970Net Assets 2017: $290,7322017Assets 2018: $314,091Liabilities 2018: $14,069Net Assets 2018: $300,0222018Assets 2019: $323,723Liabilities 2019: $14,529Net Assets 2019: $309,1942019Assets 2020: $339,003Liabilities 2020: $16,543Net Assets 2020: $322,4602020Assets 2021: $357,048Liabilities 2021: $17,977Net Assets 2021: $339,0712021Assets 2022: $361,926Liabilities 2022: $15,653Net Assets 2022: $346,2732022Assets 2023: $362,583Liabilities 2023: $17,551Net Assets 2023: $345,0322023Assets 2024: $375,425Liabilities 2024: $18,076Net Assets 2024: $357,3492024Assets 2025: $374,286Liabilities 2025: $16,756Net Assets 2025: $357,5302025

Highlighted filing

2022

Assets$361,926
Liabilities$15,653
Net Assets$346,273

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $110,456Expenses 2011: $90,484Net Income 2011: $19,9722011Revenue 2012: $109,563Expenses 2012: $87,363Net Income 2012: $22,2002012Revenue 2013: $97,082Expenses 2013: $95,564Net Income 2013: $1,5182013Revenue 2014: $90,572Expenses 2014: $84,798Net Income 2014: $5,7742014Revenue 2015: $88,186Expenses 2015: $79,441Net Income 2015: $8,7452015Revenue 2016: $92,433Expenses 2016: $88,083Net Income 2016: $4,3502016Revenue 2017: $94,763Expenses 2017: $93,368Net Income 2017: $1,3952017Revenue 2018: $97,853Expenses 2018: $88,563Net Income 2018: $9,2902018Revenue 2019: $100,058Expenses 2019: $90,886Net Income 2019: $9,1722019Revenue 2020: $98,649Expenses 2020: $85,383Net Income 2020: $13,2662020Revenue 2021: $98,529Expenses 2021: $81,918Net Income 2021: $16,6112021Revenue 2022: $97,677Expenses 2022: $90,475Net Income 2022: $7,2022022Revenue 2023: $100,497Expenses 2023: $101,738Net Income 2023: -$1,2412023Revenue 2024: $103,967Expenses 2024: $91,650Net Income 2024: $12,3172024Revenue 2025: $101,152Expenses 2025: $100,971Net Income 2025: $1812025

Highlighted filing

2022

Revenue$97,677
Expenses$90,475
Net Income$7,202
Jump To
Filing Snapshot
Filing Period
Nov 1, 2021 to Oct 31, 2022
Signed
Feb 21, 2023
Return Version
2021v4.2
Gross Receipts
$97,677
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
PUBLIC AFFAIRS-WE PROVIDE INFORMATION TO MEMBERS REGARDING COMMON PROBLEMS AFFECTED BY LOCAL, STATE AND FEDERAL LEGISLATION.$0$0
COMMODITIES-WORKING WITH TRAINED VIRGINIA FARM BUREAU EMPLOYEES TO SOLVE COMMON PROBLEMS OF COMMODITY GROUPS WITHIN OUR MEMBERSHIP.$0$0
COMMUNICATIONS-DISTRIBUTION OF INFORMATION TO MEMBERS OF THE ORGANIZATION VIA NEWSLETTERS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DARREL JETERPresidentPT$0--
BENNY STARNESVice President-$0--
BRUCE ECKERSecretary/Treasurer-$0--
DAVID DINGUSDirector-$0--
WAYNE STALLARDDirector-$0--
WALTER ROSEDirector-$0--
WILLIAM JOHNSONDirector-$0--
GARY BAKERDirector-$0--
BILLY MANESSDirector-$0--
PAYNE JONESDirector-$0--
JEFF EDDSDirector-$0--
BOYD FARMERDirector-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Scott County Farm Bureau
EIN
54-0651950
Phone
2763867411
Address
1378 WEST JACKSON ST, GATE CITY, VA 24251

Signing Officer

Name
Darrel Jeter
Title
President
Phone
2763867411
Signed
2023-02-21
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Rental Income

Kind and location of property: office rental. Amount: 7,800.

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 317.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 8,894.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: dues paid to vfbf. Amount: 44,780. Description: meetings, conventions, & committees. Amount: 12,710. Description: insurance. Amount: 566. Description: advertising & public relations. Amount: 504. Description: dues & subscriptions. Amount: 104. Description: licenses & fees. Amount: 25. Description: building maint & repair. Amount: 91. Description: utilities. Amount: 746. Description: insurance - bop. Amount: 1,185. Description: real estate taxes. Amount: 971. Description: public relations & promotions. Amount: 1,794. Total to form 990-ez, line 16: 63,476.

Form 990-ez, Part II, Line 24 - Other Assets

Description: miscellaneous receivable. Beg. Of year amount: 13. End of year amount: 13. Description: building in process. Beg. Of year amount: 7,000. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 211. End of year amount: 150.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: deferred dues. Beg. Of year amount: 14,951. End of year amount: 15,591. Description: miscellaneous payable. Beg. Of year amount: 3,026. End of year amount: 62.

Form 990-ez, Part V, Line 34

The board of directors of the scott county farm bureau, inc. Amended the bylaws of the organization at their board meeting on december 6, 2021, after due and timely notice to; amend article iii - directors, section 4 to change the quorum requirement for board of directors meetings, from a majority to one-third. The new language for article iii-directors, section 4 now reads: one-third of the members of the board of directors shall constitute a quorum and majority of such quorum may decide any question that may be presented to any such meeting. This amendment to the bylaws was ratified by the members of scott county farm bureau at the annual meeting of the members held on september 24, 2022.

Raw XML Appendix181 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/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREASURER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0AN ORGANIZATION OF PERSONS INTERESTED IN AGRICULTURE AND THE BETTERMENT OF AGRICULTURAL EDUCATION, ECONOMIC OPPORTUNITY, AND SOCIAL ADVANCEMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KIND AND LOCATION OF PROPERTY: OFFICE RENTAL. AMOUNT: 7,800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INTEREST INCOME. AMOUNT: 317.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 8,894.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUES PAID TO VFBF. AMOUNT: 44,780. DESCRIPTION: MEETINGS, CONVENTIONS, & COMMITTEES. AMOUNT: 12,710. DESCRIPTION: INSURANCE. AMOUNT: 566. DESCRIPTION: ADVERTISING & PUBLIC RELATIONS. AMOUNT: 504. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 104. DESCRIPTION: LICENSES & FEES. AMOUNT: 25. DESCRIPTION: BUILDING MAINT & REPAIR. AMOUNT: 91. DESCRIPTION: UTILITIES. AMOUNT: 746. DESCRIPTION: INSURANCE - BOP. AMOUNT: 1,185. DESCRIPTION: REAL ESTATE TAXES. AMOUNT: 971. DESCRIPTION: PUBLIC RELATIONS & PROMOTIONS. AMOUNT: 1,794. TOTAL TO FORM 990-EZ, LINE 16: 63,476.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: MISCELLANEOUS RECEIVABLE. BEG. OF YEAR AMOUNT: 13. END OF YEAR AMOUNT: 13. DESCRIPTION: BUILDING IN PROCESS. BEG. OF YEAR AMOUNT: 7,000. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 211. END OF YEAR AMOUNT: 150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: DEFERRED DUES. BEG. OF YEAR AMOUNT: 14,951. END OF YEAR AMOUNT: 15,591. DESCRIPTION: MISCELLANEOUS PAYABLE. BEG. OF YEAR AMOUNT: 3,026. END OF YEAR AMOUNT: 62.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS OF THE SCOTT COUNTY FARM BUREAU, INC. AMENDED THE BYLAWS OF THE ORGANIZATION AT THEIR BOARD MEETING ON DECEMBER 6, 2021, AFTER DUE AND TIMELY NOTICE TO; AMEND ARTICLE III - DIRECTORS, SECTION 4 TO CHANGE THE QUORUM REQUIREMENT FOR BOARD OF DIRECTORS MEETINGS, FROM A MAJORITY TO ONE-THIRD. THE NEW LANGUAGE FOR ARTICLE III-DIRECTORS, SECTION 4 NOW READS: ONE-THIRD OF THE MEMBERS OF THE BOARD OF DIRECTORS SHALL CONSTITUTE A QUORUM AND MAJORITY OF SUCH QUORUM MAY DECIDE ANY QUESTION THAT MAY BE PRESENTED TO ANY SUCH MEETING. THIS AMENDMENT TO THE BYLAWS WAS RATIFIED BY THE MEMBERS OF SCOTT COUNTY FARM BUREAU AT THE ANNUAL MEETING OF THE MEMBERS HELD ON SEPTEMBER 24, 2022.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - RENTAL INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART V, LINE 34
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DARREL JETER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02763867411
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCOTT COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0SCOT
ReturnHeader/Filer/EIN0540651950
ReturnHeader/Filer/PhoneNum02763867411
ReturnHeader/Filer/USAddress/AddressLine1Txt01378 WEST JACKSON ST
ReturnHeader/Filer/USAddress/CityNm0GATE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024251
ReturnHeader/ReturnTs02023-02-21T13:01:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DARREL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JETER
ReturnHeader/TaxPeriodBeginDt02021-11-01
ReturnHeader/TaxPeriodEndDt02022-10-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.74$0.17$3.58$1.01$1.01$0.00
2024Detailed filing. Detailed filing data is available for this year.$3.75$0.18$3.57$1.04$0.92$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.63$0.18$3.45$1.00$1.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.62$0.16$3.46$0.98$0.90$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.57$0.18$3.39$0.99$0.82$0.17
2020Detailed filing. Detailed filing data is available for this year.$3.39$0.17$3.22$0.99$0.85$0.13
2019Detailed filing. Detailed filing data is available for this year.$3.24$0.15$3.09$1.00$0.91$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.14$0.14$3.00$0.98$0.89$0.09
2017Detailed filing. Detailed filing data is available for this year.$3.04$0.13$2.91$0.95$0.93$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.01$0.12$2.89$0.92$0.88$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.96$0.11$2.85$0.88$0.79$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.87$0.11$2.76$0.91$0.85$0.06
2013Summary only. Only limited summary data is available for this year.$2.80$0.10$0.97$0.96$0.02
2012Summary only. Only limited summary data is available for this year.$2.97$0.28$1.10$0.87$0.22
2011Summary only. Only limited summary data is available for this year.$2.67$0.20$1.10$0.90$0.20