Civic Intelligence

North Carolina Farm Bureau Foundation Inc

EIN 55-0803862 • 501(c)3 • Raleigh, NC

Profile

Operate for charitable purposes for agriculture

PO Box 27766Raleigh, NC 27611-7766

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.02x

Higher debt load relative to assets than 46% of similar nonprofits.

NTEE I • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.02x

Higher debt load relative to revenue than 44% of similar nonprofits.

NTEE I • $500k-$1M nonprofits • Source year 2024

Net Margin

92nd percentile

53%

Higher net margin than 92% of similar nonprofits.

NTEE I • $500k-$1M nonprofits • Source year 2024

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.

NTEE I • $500k-$1M nonprofits • Source year 2024

Asset Growth

89th percentile

236%

Faster asset growth than 89% of similar nonprofits.

NTEE I • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

973%

Faster revenue growth than 98% of similar nonprofits.

NTEE I • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$458,606

Up $322,309 (+236%) from 2023

Liabilities

$10,751

No earlier filing loaded for comparison.

Net Assets

Up

$447,855

Up $311,558 (+229%) from 2023

Revenue

Up

$582,788

Up $528,488 (+973%) from 2023

Expenses

Up

$271,230

Up $257,630 (+1894%) from 2023

Net Income

Up

$311,558

Up $270,858 (+665%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2014: $1Liabilities 2014: $02014Assets 2015: $2,195Liabilities 2015: $02015Assets 2016: $2,195Liabilities 2016: $02016Assets 2017: $2,195Liabilities 2017: $02017Assets 2018: $455,629Liabilities 2018: $0Net Assets 2018: $455,6292018Assets 2019: $35,753Liabilities 2019: $0Net Assets 2019: $35,7532019Assets 2020: $117,753Liabilities 2020: $0Net Assets 2020: $117,7532020Assets 2021: $212,180Liabilities 2021: $78,254Net Assets 2021: $133,9262021Assets 2022: $95,597Liabilities 2022: $0Net Assets 2022: $95,5972022Assets 2023: $136,297Net Assets 2023: $136,2972023Assets 2024: $458,606Liabilities 2024: $10,751Net Assets 2024: $447,8552024

Highlighted filing

2024

Assets$458,606
Liabilities$10,751
Net Assets$447,855

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $169,528Expenses 2015: $167,333Net Income 2015: $2,1952015Revenue 2016: $100Expenses 2016: $100Net Income 2016: $02016Revenue 2017: $250Expenses 2017: $250Net Income 2017: $02017Revenue 2018: $510,389Expenses 2018: $56,955Net Income 2018: $453,4342018Revenue 2019: $274,736Expenses 2019: $694,612Net Income 2019: -$419,8762019Revenue 2020: $87,000Expenses 2020: $5,000Net Income 2020: $82,0002020Revenue 2021: $179,089Expenses 2021: $162,916Net Income 2021: $16,1732021Revenue 2022: $3,251Expenses 2022: $41,580Net Income 2022: -$38,3292022Revenue 2023: $54,300Expenses 2023: $13,600Net Income 2023: $40,7002023Revenue 2024: $582,788Expenses 2024: $271,230Net Income 2024: $311,5582024

Highlighted filing

2024

Revenue$582,788
Expenses$271,230
Net Income$311,558

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.0
Gross Receipts
$582,788
Mission and Program Overview

Mission

Operate for charitable purposes for agriculture

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$136,297$458,606▲ $322,309
Total Assets$136,297$458,606▲ $322,309
Liabilities
Accounts Payable and Accrued Expenses-$10,751-
Total Liabilities$0$10,751▲ $10,751
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$136,297$447,855▲ $311,558
Total Net Assets Fund Balance$136,297$447,855▲ $311,558
Total Liabilities and Net Assets / Fund Balance$136,297$458,606▲ $322,309
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shawn HardingPresident
Donald SmartDirector
Elaine FryarDirector
Gwen PittDirector
J Kirk MathisDirector
J Larry BarbourDirector
Jackie Thompson SrDirector
Larry TaylorDirector
Lm SimmonsDirector
Richard WhitakerDirector
Scott WhitfordDirector
Phillip J Parker JrSecretary
Matt CurrinTreasurer
Jerry WyantVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$582,788
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$311,558

Audited Revenue Reconciliation

Revenue per Audited Statements
$582,788
Total Revenue per Audited Statements
$582,788
Total Revenue per Form 990
$582,788
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$269,920
Other Expenses$1,310
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$269,920--$269,920
Fees for Services Accounting$1,000--$1,000
Office Expenses$310--$310
Total Functional Expenses$271,230$0$0$271,230

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$271,230
Total Expenses per Audited Statements$271,230
Total Expenses per Form 990$271,230
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Baptists on MissionCary, NC3Hurricane Relief$50,000
Wnc CommunitiesAshville, NC3Hurricane Relief$35,000
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The governing body has delegated the 990 review to the treasurer of the organization.

Form 990, Page 6, Part VI, Line 12C

The board of directors and officers are prohibited from dealing with the exempt organization. If there are dealings with the exempt organization. One or more members could discuss with the chief operating officer.

Form 990, Page 6, Part VI, Line 19

The organization does not make the financial statements and conflict of interest policy available to the public. If one inquires of the organization the documents would be made available.

Filing and Contact Details

Filer

Filer Name
North Carolina Farm Bureau
EIN
55-0803862
Phone
9197821705
Address
PO BOX 27766, RALEIGH, NC 27611-7766

Signing Officer

Name
Matt Currin
Title
Treasurer
Phone
9197821705
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Harding
Formed
2008
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
30

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, Page 2, Part III, Line 4D

OTHER PROGRAM SERVICES

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY HAS DELEGATED THE 990 REVIEW TO THE TREASURER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS AND OFFICERS ARE PROHIBITED FROM DEALING WITH THE EXEMPT ORGANIZATION. IF THERE ARE DEALINGS WITH THE EXEMPT ORGANIZATION. ONE OR MORE MEMBERS COULD DISCUSS WITH THE CHIEF OPERATING OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT MAKE THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. IF ONE INQUIRES OF THE ORGANIZATION THE DOCUMENTS WOULD BE MADE AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt3C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt4C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NC
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0WHOLESALE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1INVESTMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2MUTUAL PRO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt3INS BROKER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt4STOCK INS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0NC FARM BUREAU SERVICE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1NC FARM BUREAU INVESTMENTS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2NC FARM BUREAU MUTUAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3NC FARM BUREAU INSURANCE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt4FARM BUREAU INSURANCE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4NCFB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NC FARM BUREAU FEDERATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NC FARM BUREAU LEGAL FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2NCFB FOUNDATION FOR AG IN CLASSROOM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3NC FARM BUREAU POLITICAL ACTION COM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4KEEP AG GROWING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5NC FARM BUREAU R FLAKE SHAW MEMORI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0560340590
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1581527534
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4NC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MEMBERSHIP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LEGAL ASST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3POLITICAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5EDUCATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 27766
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO BOX 27766

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