Civic Intelligence

Chatham County Farm Bureau Inc

990 • Fiscal year 2023 • EIN 56-6065942

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

P O Box 1030Pittsboro, NC 27312-1030

(919) 542-2142

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Net Margin

48th percentile

4.2%

Higher net margin than 48% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Asset Growth

40th percentile

1.2%

Faster asset growth than 40% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

9.6%

Faster revenue growth than 65% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$647,224

Up $7,491 (+1.2%) from 2022

Net Assets

Up

$647,224

Up $7,491 (+1.2%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$177,932

Up $15,555 (+9.6%) from 2022

Expenses

Up

$170,441

Up $4,689 (+2.8%) from 2022

Net Income

Up

$7,491

Up $10,866 (+322%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $502,416Liabilities 2011: $0Net Assets 2011: $502,4162011Assets 2012: $513,317Liabilities 2012: $0Net Assets 2012: $513,3172012Assets 2013: $521,139Liabilities 2013: $0Net Assets 2013: $521,1392013Assets 2014: $534,771Liabilities 2014: $0Net Assets 2014: $534,7712014Assets 2015: $539,168Liabilities 2015: $0Net Assets 2015: $539,1682015Assets 2016: $552,863Liabilities 2016: $0Net Assets 2016: $552,8632016Assets 2017: $568,388Liabilities 2017: $0Net Assets 2017: $568,3882017Assets 2018: $587,294Liabilities 2018: $0Net Assets 2018: $587,2942018Assets 2019: $593,988Liabilities 2019: $0Net Assets 2019: $593,9882019Assets 2020: $629,247Liabilities 2020: $0Net Assets 2020: $629,2472020Assets 2021: $643,108Liabilities 2021: $0Net Assets 2021: $643,1082021Assets 2022: $639,733Liabilities 2022: $0Net Assets 2022: $639,7332022Assets 2023: $647,224Liabilities 2023: $0Net Assets 2023: $647,2242023Assets 2024: $636,914Liabilities 2024: $0Net Assets 2024: $636,9142024

Highlighted filing

2023

Assets$647,224
Liabilities$0
Net Assets$647,224

Operations Trend

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

$200K$150K$100K$50K$0-$50KExpenses 2011: $157,4922011Expenses 2012: $132,2892012Revenue 2013: $142,322Expenses 2013: $134,500Net Income 2013: $7,8222013Revenue 2014: $144,588Expenses 2014: $130,956Net Income 2014: $13,6322014Revenue 2015: $141,497Expenses 2015: $137,100Net Income 2015: $4,3972015Revenue 2016: $152,003Expenses 2016: $138,308Net Income 2016: $13,6952016Revenue 2017: $159,166Expenses 2017: $143,761Net Income 2017: $15,4052017Revenue 2018: $161,441Expenses 2018: $142,535Net Income 2018: $18,9062018Revenue 2019: $165,271Expenses 2019: $158,577Net Income 2019: $6,6942019Revenue 2020: $173,128Expenses 2020: $137,869Net Income 2020: $35,2592020Revenue 2021: $166,888Expenses 2021: $153,027Net Income 2021: $13,8612021Revenue 2022: $162,377Expenses 2022: $165,752Net Income 2022: -$3,3752022Revenue 2023: $177,932Expenses 2023: $170,441Net Income 2023: $7,4912023Revenue 2024: $162,042Expenses 2024: $172,352Net Income 2024: -$10,3102024

Highlighted filing

2023

Revenue$177,932
Expenses$170,441
Net Income$7,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$278,859
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$327,613$337,266▲ $9,653
Land, Buildings, and Equipment, Net$262,830$248,923▼ $13,907
Cash and Non-Interest-Bearing Accounts$49,290$61,035▲ $11,745
Total Assets$639,733$647,224▲ $7,491
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$639,733$647,224▲ $7,491
Total Net Assets Fund Balance$639,733$647,224▲ $7,491
Total Liabilities and Net Assets / Fund Balance$639,733$647,224▲ $7,491

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$158,994$196,155$355,149
Land$80,640-$80,640
Other Land Buildings$9,289$63,027$72,316
Equipment-$1,630$1,630
Compensation and Service Providers

Board Members and Trustees

NameTitle
John MitchellCo-president
Corey RobbinsV-president
Shannon ClarkV-president
Charles LutterlohCo- Presiden
Amanda WachsMember-bod
Amryn MurrayMember-bod
Cody BrooksMember-bod
Elizabeth SzilvayMember-bod
Herbert H Gaines JrMember-bod
Jimmy BrooksMember-bod
Johnny GlossonMember-bod
Larry LemonsMember-bod
Lynn MannMember-bod
Michael ThompsonMember-bod
Phil GowinsMember-bod
Rhyne SmithMember-bod
Carl Outz JrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$149,600
Program Service Revenue
$0
Investment Income
$9,653
Other Revenue
$18,679
Change in Net Assets
$7,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,856
Grants and Similar Amounts Paid$26,585
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$86,812
Grants to Domestic Orgs---$16,585
Grants to Domestic Individuals---$10,000
Conferences and Meetings---$9,002
Occupancy---$8,777
Office Expenses---$4,420
Insurance---$1,542
Other Expenses---$1,080
Fees for Services Accounting---$825
All Other Expenses---$708
Total Functional Expenses$0$0$0$170,441
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Members are persons and partnerships, unincorporated associations and corporations organized for agricultural purposes, actively engaged in the production of such products, lessors or landlords who receive rent, either in kind or in cash, all or part of the crop raised on the leased or rented premises, are eligible for membership in this organization. Members in good standing shall be entitled to vote at any regular or special meeting of members of the organization and each member shall have one vote.

Form 990, Page 6, Part VI, Line 7A

Regular members have the right to vote at the organizations annual meeting for the governing body as slated by the nominating committee. Regular members have the privilege to vote at special called meetings to fill vacancies or they can vote to defer filing a vacancy until the next annual meeting.

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

The county president reviews the form 990 and signs the return prior to mailing. The form 990 is not reviewed by the governing body.

Form 990, Page 6, Part VI, Line 19

If anyone were to inquire about viewing the form 990 or the governing documents the county liaison would make them available during regular business hours.

Filing and Contact Details

Filer

Filer Name
Chatham County Farm Bureau
EIN
56-6065942
Phone
9195422142
Address
P O BOX 1030, PITTSBORO, NC 27312-1030

Signing Officer

Name
John Mitchell
Title
Co-president
Phone
9195422142
Signed
2024-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Mitchell
Formed
1963
Legal Domicile
Nc
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
479

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
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IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLIC 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.
IRS990/ProgSrvcAccomActy3Grp/Desc0AGRICULTURAL 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.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0147400
IRS990/PYGrantsAndSimilarPaidAmt019920
IRS990/PYInvestmentIncomeAmt02312
IRS990/PYOtherExpensesAmt0145832
IRS990/PYOtherRevenueAmt012665
IRS990/PYRevenuesLessExpensesAmt0-3375
IRS990/PYTotalExpensesAmt0165752
IRS990/PYTotalRevenueAmt0162377
IRS990/ReconcilationRevenueExpnssAmt07491
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt018679
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0327613
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0337266
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0158994
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0196155
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0355149
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01630
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01630
IRS990ScheduleD/LandGrp/BookValueAmt080640
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt080640
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09289
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt063027
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072316
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0248923
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS OF THE COUNTY FARM BUREAU AWARDED EIGHTEEN DONATIONS TO 501(C) 3 NOT-FOR PROFIT ORGANIZATIONS. EACH DONATION RANGED FROM 150 TO 3,500. THE BOARD ALSO AWARDED SIX EDUCATIONAL SCHOLARSHIP OF1,000 TO 2,000 EACH. THE BOARD OF DIRECTORS DETERMINES THE AMOUNTS & THE RECIPIENTS OF EACH AWARD.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ARE PERSONS AND PARTNERSHIPS, UNINCORPORATED ASSOCIATIONS AND CORPORATIONS ORGANIZED FOR AGRICULTURAL PURPOSES, ACTIVELY ENGAGED IN THE PRODUCTION OF SUCH PRODUCTS, LESSORS OR LANDLORDS WHO RECEIVE RENT, EITHER IN KIND OR IN CASH, ALL OR PART OF THE CROP RAISED ON THE LEASED OR RENTED PREMISES, ARE ELIGIBLE FOR MEMBERSHIP IN THIS ORGANIZATION. MEMBERS IN GOOD STANDING SHALL BE ENTITLED TO VOTE AT ANY REGULAR OR SPECIAL MEETING OF MEMBERS OF THE ORGANIZATION AND EACH MEMBER SHALL HAVE ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REGULAR MEMBERS HAVE THE RIGHT TO VOTE AT THE ORGANIZATIONS ANNUAL MEETING FOR THE GOVERNING BODY AS SLATED BY THE NOMINATING COMMITTEE. REGULAR MEMBERS HAVE THE PRIVILEGE TO VOTE AT SPECIAL CALLED MEETINGS TO FILL VACANCIES OR THEY CAN VOTE TO DEFER FILING A VACANCY UNTIL THE NEXT ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COUNTY PRESIDENT REVIEWS THE FORM 990 AND SIGNS THE RETURN PRIOR TO MAILING. THE FORM 990 IS NOT REVIEWED BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IF ANYONE WERE TO INQUIRE ABOUT VIEWING THE FORM 990 OR THE GOVERNING DOCUMENTS THE COUNTY LIAISON WOULD MAKE THEM AVAILABLE DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0639733
IRS990/TotalAssetsEOYAmt0647224
IRS990/TotalAssetsGrp/BOYAmt0639733
IRS990/TotalAssetsGrp/EOYAmt0647224
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0149600
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0170441
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0639733
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0647224
IRS990/TotalRevenueGrp/ExclusionAmt028332
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0177932
IRS990/TotalVolunteersCnt0479
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0639733
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0647224
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0343 BOWERS STORE RD
IRS990/USAddress/AddressLine2Txt0343 BOWERS STORE RD
IRS990/USAddress/CityNm0SILER CITY
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027344
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MITCHELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09195422142
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHATHAM COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0CHAT
ReturnHeader/Filer/EIN0566065942
ReturnHeader/Filer/PhoneNum09195422142
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1030
ReturnHeader/Filer/USAddress/CityNm0PITTSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0273121030
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02024-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERNEST W WARNER JR
ReturnHeader/ReturnTs02024-06-10T10:38:46-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BARTON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MITCHELL
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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.$6.37$0.00$6.37$1.62$1.72$0.10
2023Detailed filing. Detailed filing data is available for this year.$6.47$0.00$6.47$1.78$1.70$0.07
2022Detailed filing. Detailed filing data is available for this year.$6.40$0.00$6.40$1.62$1.66$0.03
2021Detailed filing. Detailed filing data is available for this year.$6.43$0.00$6.43$1.67$1.53$0.14
2020Detailed filing. Detailed filing data is available for this year.$6.29$0.00$6.29$1.73$1.38$0.35
2019Detailed filing. Detailed filing data is available for this year.$5.94$0.00$5.94$1.65$1.59$0.07
2018Detailed filing. Detailed filing data is available for this year.$5.87$0.00$5.87$1.61$1.43$0.19
2017Detailed filing. Detailed filing data is available for this year.$5.68$0.00$5.68$1.59$1.44$0.15
2016Detailed filing. Detailed filing data is available for this year.$5.53$0.00$5.53$1.52$1.38$0.14
2015Detailed filing. Detailed filing data is available for this year.$5.39$0.00$5.39$1.41$1.37$0.04
2014Detailed filing. Detailed filing data is available for this year.$5.35$0.00$5.35$1.45$1.31$0.14
2013Detailed filing. Detailed filing data is available for this year.$5.21$0.00$5.21$1.42$1.35$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.00$5.13$1.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.02$0.00$5.02$1.57