Civic Intelligence

Montgomery County Farm Bureau Inc

EIN 56-0663235 • 501(c)5 • Troy, NC

Profile

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.

PO Box 446Troy, NC 27371

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

57th percentile

6.9%

Higher net margin than 57% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

501(c)5 • <$500k nonprofits • Source year 2024

Asset Growth

53rd percentile

2.8%

Faster asset growth than 53% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

3.2%

Faster revenue growth than 53% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$248,128

Up $6,842 (+2.8%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$248,128

Up $6,842 (+2.8%) from 2023

Revenue

Up

$98,796

Up $3,040 (+3.2%) from 2023

Expenses

Up

$91,954

Up $1,624 (+1.8%) from 2023

Net Income

Up

$6,842

Up $1,416 (+26%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $193,731Liabilities 2011: $02011Assets 2012: $201,054Net Assets 2012: $201,0542012Assets 2013: $204,965Net Assets 2013: $204,9652013Assets 2014: $208,189Liabilities 2014: $25Net Assets 2014: $208,1642014Assets 2015: $207,816Net Assets 2015: $207,8162015Assets 2016: $212,797Net Assets 2016: $212,7972016Assets 2017: $209,454Net Assets 2017: $209,4542017Assets 2018: $206,074Net Assets 2018: $206,0742018Assets 2019: $207,914Net Assets 2019: $207,9142019Assets 2020: $227,569Net Assets 2020: $227,5692020Assets 2021: $234,357Net Assets 2021: $234,3572021Assets 2022: $235,860Net Assets 2022: $235,8602022Assets 2023: $241,286Net Assets 2023: $241,2862023Assets 2024: $248,128Net Assets 2024: $248,1282024

Highlighted filing

2024

Assets$248,128
Liabilities-
Net Assets$248,128

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $85,393Expenses 2011: $76,945Net Income 2011: $8,4482011Revenue 2012: $82,944Expenses 2012: $75,621Net Income 2012: $7,3232012Revenue 2013: $83,011Expenses 2013: $79,100Net Income 2013: $3,9112013Revenue 2014: $84,757Expenses 2014: $81,558Net Income 2014: $3,1992014Revenue 2015: $83,754Expenses 2015: $84,102Net Income 2015: -$3482015Revenue 2016: $86,577Expenses 2016: $81,596Net Income 2016: $4,9812016Revenue 2017: $85,894Expenses 2017: $89,237Net Income 2017: -$3,3432017Revenue 2018: $87,330Expenses 2018: $90,710Net Income 2018: -$3,3802018Revenue 2019: $92,980Expenses 2019: $91,140Net Income 2019: $1,8402019Revenue 2020: $96,665Expenses 2020: $77,010Net Income 2020: $19,6552020Revenue 2021: $92,017Expenses 2021: $85,229Net Income 2021: $6,7882021Revenue 2022: $91,536Expenses 2022: $90,033Net Income 2022: $1,5032022Revenue 2023: $95,756Expenses 2023: $90,330Net Income 2023: $5,4262023Revenue 2024: $98,796Expenses 2024: $91,954Net Income 2024: $6,8422024

Highlighted filing

2024

Revenue$98,796
Expenses$91,954
Net Income$6,842

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.48$2.48$0.99$0.92$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.41$2.41$0.96$0.90$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.36$2.36$0.92$0.90$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.34$2.34$0.92$0.85$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.28$2.28$0.97$0.77$0.20
2019Detailed filing. Detailed filing data is available for this year.$2.08$2.08$0.93$0.91$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.06$2.06$0.87$0.91$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.09$2.09$0.86$0.89$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.13$2.13$0.87$0.82$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.08$2.08$0.84$0.84$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.85$0.82$0.03
2013Detailed filing. Detailed filing data is available for this year.$2.05$2.05$0.83$0.79$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$2.01$0.83$0.76$0.07
2011Summary only. Only limited summary data is available for this year.$1.94$0.00$0.85$0.77$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 26, 2025
Return Version
2024v5.0
Gross Receipts
$98,796
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
JOSEPH HUNTLEY IIITreasurer-$0--
FRANKLIN BYRDMember-Bod-$0--
JOSEPH TONY SEDBERRYMember-Bod-$0--
DON THOMPSONMember-Bod-$0--
LANE POOLEMember-Bod-$0--
CHRISTOPHER TODD KINGPresident-$0--
JOHN GERMANSecretary-$0--
ARCHIE SMITHMember-Bod-$0--
LEONARD KERN JRMember-Bod-$0--
JEREMY HAYWOODMember-Bod-$0--
DON BULLAVice-Preside-$0--
TODD REECEMember-Bod-$0--
CHARLES LUCASMember-Bod-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Montgomery County Farm Bureau Inc
EIN
56-0663235
Phone
9105721341
Address
PO BOX 446, TROY, NC 27371

Signing Officer

Name
Christopher Todd King
Title
President
Phone
9105721341
Signed
2025-06-26
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-troy insurance 1,060 cleaning/maintenance 4,560 repairs 2,160 taxes and licenses 2,024 utilities 3,808 depreciation 3,300 telephone 4,281 expenses office 2,782 conferences/meetings 5,249 insurance 734 depreciation 599 education, promotions, et 2,899 dues & publications 1,188 payments to affiliates 37,076 office support services 7,261 security system 156 total 79,137

Form 990-ez, Part II, Line 24

Furniture 4,716 4,716 less accumulated depreciation 4,642 4,698 land improvments 43,396 45,696 less accumulated depreciation 34,465 35,636 total 9,005 10,078

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.

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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/ExplanationTxt1FURNITURE 4,716 4,716 LESS ACCUMULATED DEPRECIATION 4,642 4,698 LAND IMPROVMENTS 43,396 45,696 LESS ACCUMULATED DEPRECIATION 34,465 35,636 TOTAL 9,005 10,078
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIVATE, 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/ExplanationTxt3POLICY 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/ExplanationTxt4PUBLIC 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/ExplanationTxt5AGRICULTURAL 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/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
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ReturnHeader/ReturnTs02025-07-10T14:58:52-04:00
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ReturnHeader/TaxPeriodEndDt02024-12-31
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