Civic Intelligence

Halifax County Farm Bureau Inc

EIN 56-0945000 • 501(c)5 • Halifax, 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.

P O Box 488Halifax, NC 27839-0488

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.12x

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

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

Liabilities / Revenue

96th percentile

0.40x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

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

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.

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

Asset Growth

48th percentile

1.2%

Faster asset growth than 48% of similar nonprofits.

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

Revenue Growth

46th percentile

0.2%

Faster revenue growth than 46% of similar nonprofits.

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

Assets

Up

$416,198

Up $3,242 (+0.8%) from 2022

Liabilities

Down

$61,220

Down $9,093 (-13%) from 2022

Net Assets

Up

$354,978

Up $12,335 (+3.6%) from 2022

Revenue

Down

$127,983

Down $70,774 (-36%) from 2022

Expenses

Down

$115,648

Down $71,958 (-38%) from 2022

Net Income

Up

$12,335

Up $1,184 (+11%) from 2022

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $269,136Net Assets 2011: $269,1362011Assets 2012: $274,488Liabilities 2012: $02012Assets 2013: $432,887Liabilities 2013: $167,988Net Assets 2013: $264,8992013Assets 2014: $403,784Liabilities 2014: $158,3852014Assets 2015: $400,135Liabilities 2015: $148,490Net Assets 2015: $251,6452015Assets 2016: $399,145Liabilities 2016: $138,308Net Assets 2016: $260,8372016Assets 2017: $396,842Liabilities 2017: $127,8052017Assets 2018: $391,644Liabilities 2018: $116,982Net Assets 2018: $274,6622018Assets 2019: $392,377Liabilities 2019: $105,830Net Assets 2019: $286,5472019Assets 2020: $410,498Liabilities 2020: $94,3492020Assets 2021: $414,004Liabilities 2021: $82,512Net Assets 2021: $331,4922021Assets 2022: $412,956Liabilities 2022: $70,313Net Assets 2022: $342,6432022Assets 2023: $416,198Liabilities 2023: $61,220Net Assets 2023: $354,9782023

Highlighted filing

2023

Assets$416,198
Liabilities$61,220
Net Assets$354,978

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $197,918Expenses 2011: $178,956Net Income 2011: $18,9622011Revenue 2012: $171,549Expenses 2012: $166,197Net Income 2012: $5,3522012Revenue 2013: $171,935Expenses 2013: $181,524Net Income 2013: -$9,5892013Revenue 2014: $165,432Expenses 2014: $184,932Net Income 2014: -$19,5002014Revenue 2015: $180,036Expenses 2015: $173,790Net Income 2015: $6,2462015Revenue 2016: $179,616Expenses 2016: $170,424Net Income 2016: $9,1922016Revenue 2017: $177,860Expenses 2017: $169,660Net Income 2017: $8,2002017Revenue 2018: $176,025Expenses 2018: $170,400Net Income 2018: $5,6252018Revenue 2019: $182,857Expenses 2019: $170,972Net Income 2019: $11,8852019Revenue 2020: $198,398Expenses 2020: $168,796Net Income 2020: $29,6022020Revenue 2021: $196,941Expenses 2021: $181,598Net Income 2021: $15,3432021Revenue 2022: $198,757Expenses 2022: $187,606Net Income 2022: $11,1512022Revenue 2023: $127,983Expenses 2023: $115,648Net Income 2023: $12,3352023

Highlighted filing

2023

Revenue$127,983
Expenses$115,648
Net Income$12,335

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.16$0.61$3.55$1.28$1.16$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.13$0.70$3.43$1.99$1.88$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.14$0.83$3.31$1.97$1.82$0.15
2020Summary only. Only limited summary data is available for this year.$4.10$0.94$1.98$1.69$0.30
2019Detailed filing. Detailed filing data is available for this year.$3.92$1.06$2.87$1.83$1.71$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.92$1.17$2.75$1.76$1.70$0.06
2017Summary only. Only limited summary data is available for this year.$3.97$1.28$1.78$1.70$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.99$1.38$2.61$1.80$1.70$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$1.48$2.52$1.80$1.74$0.06
2014Summary only. Only limited summary data is available for this year.$4.04$1.58$1.65$1.85$0.20
2013Detailed filing. Detailed filing data is available for this year.$4.33$1.68$2.65$1.72$1.82$0.10
2012Summary only. Only limited summary data is available for this year.$2.74$0.00$1.72$1.66$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$2.69$1.98$1.79$0.19
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 4, 2020
Return Version
2019v5.0
Gross Receipts
$182,857
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
RAYMOND GARNERPresident-$0--
JAMES WILSONV-President-$0--
WILLIAM WESTSecretary-$0--
ANDY ADKINSMember-Bod-$0--
JOHN BRANHAMMember-Bod-$0--
CHRISTOPHER FITTSMember-Bod-$0--
ROBERT FLEMINGMember-Bod-$0--
TROY FULKERSONMember-Bod-$0--
JERRY HAMILLMember-Bod-$0--
JAMES KITCHINMember-Bod-$0--
BERNARD MORRISMember-Bod-$0--
ELBERT PHELPSMember-Bod-$0--
KIP WARRENMember-Bod-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Halifax County Farm Bureau Inc
EIN
56-0945000
Phone
2525835831
Address
P O BOX 488, HALIFAX, NC 27839-0488

Signing Officer

Name
Raymond Garner
Title
President
Phone
2525835831
Signed
2020-06-04
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 10

Cash contribution: 10,000

Form 990-ez, Part I, Line 16

Office rental-halifax insurance 917 cleaning/maintenance 2,900 repairs 2,488 taxes and licenses 1,152 utilities 3,279 depreciation 1,499 telephone 4,010 office rental-roanoke rapid interest 3,031 insurance 792 cleaning/maintenance 4,907 repairs 2,377 taxes and licenses 4,501 utilities 3,158 depreciation 4,454 telephone 5,013 office rental-scotland neck insurance 600 cleaning/maintenance 2,184 repairs 2,787 taxes and licenses 1,370 utilities 5,289 depreciation 2,378 telephone 4,923 expenses office 2,175 conferences/meetings 3,277 interest 312 insurance 1,111 depreciation 1,165 bank charges 562 dues & publications 370 education, promotions etc 675 payment to affiliates 57,797 equipment-rental 670 office support services 13,206 security system fees 693 total 146,022

Form 990-ez, Part II, Line 24

Equipment 28,752 30,529 less accumulated depreciation 25,751 26,231 furniture 30,994 29,168 less accumulated depreciation 30,651 29,054 land improvements 8,616 8,616 less accumulated depreciation 8,616 8,616 prepaid expense 1,257 0 total 4,601 4,412

Form 990-ez, Part II, Line 26

Mortgage and other notes payable 116,982 105,830

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 Appendix167 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/PrintingPublicationsPostageAmt0518
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0POLICY 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.
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/ExplanationTxt0CASH CONTRIBUTION: 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICE RENTAL-HALIFAX INSURANCE 917 CLEANING/MAINTENANCE 2,900 REPAIRS 2,488 TAXES AND LICENSES 1,152 UTILITIES 3,279 DEPRECIATION 1,499 TELEPHONE 4,010 OFFICE RENTAL-ROANOKE RAPID INTEREST 3,031 INSURANCE 792 CLEANING/MAINTENANCE 4,907 REPAIRS 2,377 TAXES AND LICENSES 4,501 UTILITIES 3,158 DEPRECIATION 4,454 TELEPHONE 5,013 OFFICE RENTAL-SCOTLAND NECK INSURANCE 600 CLEANING/MAINTENANCE 2,184 REPAIRS 2,787 TAXES AND LICENSES 1,370 UTILITIES 5,289 DEPRECIATION 2,378 TELEPHONE 4,923 EXPENSES OFFICE 2,175 CONFERENCES/MEETINGS 3,277 INTEREST 312 INSURANCE 1,111 DEPRECIATION 1,165 BANK CHARGES 562 DUES & PUBLICATIONS 370 EDUCATION, PROMOTIONS ETC 675 PAYMENT TO AFFILIATES 57,797 EQUIPMENT-RENTAL 670 OFFICE SUPPORT SERVICES 13,206 SECURITY SYSTEM FEES 693 TOTAL 146,022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT 28,752 30,529 LESS ACCUMULATED DEPRECIATION 25,751 26,231 FURNITURE 30,994 29,168 LESS ACCUMULATED DEPRECIATION 30,651 29,054 LAND IMPROVEMENTS 8,616 8,616 LESS ACCUMULATED DEPRECIATION 8,616 8,616 PREPAID EXPENSE 1,257 0 TOTAL 4,601 4,412
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MORTGAGE AND OTHER NOTES PAYABLE 116,982 105,830
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIVATE, 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/ExplanationTxt5POLICY 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/ExplanationTxt6PUBLIC 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/ExplanationTxt7AGRICULTURAL 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 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum02525835831
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-04
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ReturnHeader/FilingSecurityInformation/IPDt02020-06-29
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ReturnHeader/FilingSecurityInformation/IPTm011:27:26
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/PreparationDt02020-06-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERNEST W WARNER JR
ReturnHeader/ReturnTs02020-06-29T11:27:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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