Civic Intelligence

Martin County Farm Bureau Inc

990EZ • Fiscal year 2019 • EIN 56-0640411

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 20, 2020

PO Box 1007Williamston, NC 27892

(252) 792-1571

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

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

Liabilities / Revenue

55th percentile

0.00x

Higher debt load relative to revenue than 55% of similar nonprofits.

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

Net Margin

42nd percentile

1.7%

Higher net margin than 42% 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

40th percentile

0.5%

Faster asset growth than 40% of similar nonprofits.

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

Revenue Growth

46th percentile

-0.4%

Faster revenue growth than 46% of similar nonprofits.

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

Assets

Up

$415,968

Up $2,042 (+0.5%) from 2018

Net Assets

Up

$415,908

Up $2,042 (+0.5%) from 2018

Liabilities

Flat

$60

Flat from 2018

Revenue

Down

$121,423

Down $437 (-0.4%) from 2018

Expenses

Down

$119,381

Down $19,025 (-14%) from 2018

Net Income

Up

$2,042

Up $18,588 (+112%) 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: $469,514Liabilities 2011: $3,140Net Assets 2011: $466,3742011Assets 2012: $455,918Net Assets 2012: $455,9182012Assets 2013: $459,325Net Assets 2013: $459,3252013Assets 2014: $461,708Net Assets 2014: $461,7082014Assets 2015: $449,733Liabilities 2015: $490Net Assets 2015: $449,2432015Assets 2016: $434,631Liabilities 2016: $1,320Net Assets 2016: $433,3112016Assets 2017: $430,472Liabilities 2017: $60Net Assets 2017: $430,4122017Assets 2018: $413,926Liabilities 2018: $60Net Assets 2018: $413,8662018Assets 2019: $415,968Liabilities 2019: $60Net Assets 2019: $415,9082019Assets 2020: $432,820Liabilities 2020: $02020Assets 2021: $434,769Net Assets 2021: $434,7692021Assets 2022: $422,847Net Assets 2022: $422,8472022Assets 2023: $416,446Liabilities 2023: $02023Assets 2024: $418,090Net Assets 2024: $418,0902024

Highlighted filing

2019

Assets$415,968
Liabilities$60
Net Assets$415,908

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $131,043Expenses 2011: $99,274Net Income 2011: $31,7692011Revenue 2012: $112,553Expenses 2012: $123,009Net Income 2012: -$10,4562012Revenue 2013: $114,513Expenses 2013: $111,106Net Income 2013: $3,4072013Revenue 2014: $119,157Expenses 2014: $116,774Net Income 2014: $2,3832014Revenue 2015: $121,385Expenses 2015: $133,850Net Income 2015: -$12,4652015Revenue 2016: $123,248Expenses 2016: $139,180Net Income 2016: -$15,9322016Revenue 2017: $126,767Expenses 2017: $129,666Net Income 2017: -$2,8992017Revenue 2018: $121,860Expenses 2018: $138,406Net Income 2018: -$16,5462018Revenue 2019: $121,423Expenses 2019: $119,381Net Income 2019: $2,0422019Revenue 2020: $121,507Expenses 2020: $104,595Net Income 2020: $16,9122020Revenue 2021: $115,690Expenses 2021: $113,741Net Income 2021: $1,9492021Revenue 2022: $116,571Expenses 2022: $128,493Net Income 2022: -$11,9222022Revenue 2023: $123,094Expenses 2023: $129,495Net Income 2023: -$6,4012023Revenue 2024: $128,704Expenses 2024: $127,060Net Income 2024: $1,6442024

Highlighted filing

2019

Revenue$121,423
Expenses$119,381
Net Income$2,042
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 20, 2020
Return Version
2019v5.0
Gross Receipts
$121,423
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
CLAYTON COWINPresident-$0--
JOE LEGGETTV-President-$0--
BOB LEE PERRYSecretary-$0--
RICHARD CANNONMember-Bod-$0--
KIM GRIFFINMember-Bod-$0--
BOB HARRISMember-Bod-$0--
THOMAS PIERCEMember-Bod-$0--
EVERETT PURVISMember-Bod-$0--
JAMES ROGERSONMember-Bod-$0--
DIANE ROGERSONMember-Bod-$0--
TROY WARDMember-Bod-$0--
DONNIE WHITEMember-Bod-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Martin County Farm Bureau Inc
EIN
56-0640411
Phone
2527921571
Address
PO BOX 1007, WILLIAMSTON, NC 27892

Signing Officer

Name
Clayton Cowin
Title
President
Phone
2527921571
Signed
2020-10-20
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 rental-willimston insurance 2,821 cleaning/maintenance 4,734 repairs 4,292 taxes and licenses 3,951 utilities 4,046 depreciation 7,140 telphone 6,967 expenses advertising and promotion 176 office 2,162 conferences/meetings 6,315 insurance 1,075 dues & publications 597 education, promotions etc 3,487 payments to affiliates 44,660 office support services 8,726 equipment rental 193 depreciation 1,254 total 102,596

Form 990-ez, Part II, Line 24

Equipment 1,720 1,720 less accumulated depreciation 1,689 1,720 furniture 16,665 16,665 less accumulated depreciation 16,665 16,665 land improvements 60,652 60,652 less accumulated depreciation 39,149 41,299 total 21,534 19,353

Form 990-ez, Part II, Line 26

YF & R 60 60

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 Appendix160 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/PrimaryExemptPurposeTxt0PRIVATE, 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.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PUBLIC 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.
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 RENTAL-WILLIMSTON INSURANCE 2,821 CLEANING/MAINTENANCE 4,734 REPAIRS 4,292 TAXES AND LICENSES 3,951 UTILITIES 4,046 DEPRECIATION 7,140 TELPHONE 6,967 EXPENSES ADVERTISING AND PROMOTION 176 OFFICE 2,162 CONFERENCES/MEETINGS 6,315 INSURANCE 1,075 DUES & PUBLICATIONS 597 EDUCATION, PROMOTIONS ETC 3,487 PAYMENTS TO AFFILIATES 44,660 OFFICE SUPPORT SERVICES 8,726 EQUIPMENT RENTAL 193 DEPRECIATION 1,254 TOTAL 102,596
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 1,720 1,720 LESS ACCUMULATED DEPRECIATION 1,689 1,720 FURNITURE 16,665 16,665 LESS ACCUMULATED DEPRECIATION 16,665 16,665 LAND IMPROVEMENTS 60,652 60,652 LESS ACCUMULATED DEPRECIATION 39,149 41,299 TOTAL 21,534 19,353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YF & R 60 60
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIVATE, 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/ExplanationTxt4POLICY 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/ExplanationTxt5PUBLIC 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/ExplanationTxt6AGRICULTURAL 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 II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02527921571
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-20
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ReturnHeader/Filer/BusinessNameControlTxt0MART
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ReturnHeader/Filer/PhoneNum02527921571
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ReturnHeader/FilingSecurityInformation/IPTm008:55:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560119050
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0A T ALLEN & COMPANY LLP CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02245 GATEWAY ACCESS PT STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027607
ReturnHeader/PreparerPersonGrp/PhoneNum09197817550
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-20
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.$4.18$4.18$1.29$1.27$0.02
2023Summary only. Only limited summary data is available for this year.$4.16$0.00$1.23$1.29$0.06
2022Detailed filing. Detailed filing data is available for this year.$4.23$4.23$1.17$1.28$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.35$4.35$1.16$1.14$0.02
2020Summary only. Only limited summary data is available for this year.$4.33$0.00$1.22$1.05$0.17
2019Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.16$1.21$1.19$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.14$0.00$4.14$1.22$1.38$0.17
2017Detailed filing. Detailed filing data is available for this year.$4.30$0.00$4.30$1.27$1.30$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.35$0.01$4.33$1.23$1.39$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.50$0.00$4.49$1.21$1.34$0.12
2014Detailed filing. Detailed filing data is available for this year.$4.62$4.62$1.19$1.17$0.02
2013Detailed filing. Detailed filing data is available for this year.$4.59$4.59$1.15$1.11$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.56$4.56$1.13$1.23$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$0.03$4.66$1.31$0.99$0.32