Civic Intelligence

Alexander County Farm Bureau Inc

EIN 56-6083700 • 501(c)5 • Taylorsville, 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.

655 NC Hwy 16 SouthTaylorsville, NC 28681

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

27th percentile

-8.2%

Higher net margin than 27% 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

34th percentile

-4.0%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

63rd percentile

6.1%

Faster revenue growth than 63% of similar nonprofits.

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

Assets

Down

$195,688

Down $8,218 (-4.0%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$195,688

Down $8,218 (-4.0%) from 2023

Revenue

Up

$99,825

Up $5,777 (+6.1%) from 2023

Expenses

Down

$108,044

Down $2,040 (-1.9%) from 2023

Net Income

Up

-$8,219

Up $7,817 (+49%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $192,771Net Assets 2011: $192,7712011Assets 2012: $199,358Net Assets 2012: $199,3582012Assets 2013: $208,534Net Assets 2013: $208,5342013Assets 2014: $220,202Net Assets 2014: $220,2022014Assets 2015: $224,624Net Assets 2015: $224,6242015Assets 2016: $220,901Net Assets 2016: $220,9012016Assets 2017: $220,908Liabilities 2017: $25Net Assets 2017: $220,8832017Assets 2018: $215,237Net Assets 2018: $215,2372018Assets 2019: $213,644Net Assets 2019: $213,6442019Assets 2020: $230,174Net Assets 2020: $230,1742020Assets 2021: $227,690Net Assets 2021: $227,6902021Assets 2022: $219,942Net Assets 2022: $219,9422022Assets 2023: $203,906Net Assets 2023: $203,9062023Assets 2024: $195,688Net Assets 2024: $195,6882024

Highlighted filing

2024

Assets$195,688
Liabilities-
Net Assets$195,688

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $83,166Expenses 2011: $71,880Net Income 2011: $11,2862011Revenue 2012: $81,434Expenses 2012: $74,847Net Income 2012: $6,5872012Revenue 2013: $79,711Expenses 2013: $70,534Net Income 2013: $9,1772013Revenue 2014: $79,040Expenses 2014: $67,372Net Income 2014: $11,6682014Revenue 2015: $76,188Expenses 2015: $71,766Net Income 2015: $4,4222015Revenue 2016: $78,646Expenses 2016: $82,369Net Income 2016: -$3,7232016Revenue 2017: $82,587Expenses 2017: $82,605Net Income 2017: -$182017Revenue 2018: $83,395Expenses 2018: $89,041Net Income 2018: -$5,6462018Revenue 2019: $84,205Expenses 2019: $85,798Net Income 2019: -$1,5932019Revenue 2020: $96,181Expenses 2020: $79,652Net Income 2020: $16,5292020Revenue 2021: $90,197Expenses 2021: $92,680Net Income 2021: -$2,4832021Revenue 2022: $92,161Expenses 2022: $99,910Net Income 2022: -$7,7492022Revenue 2023: $94,048Expenses 2023: $110,084Net Income 2023: -$16,0362023Revenue 2024: $99,825Expenses 2024: $108,044Net Income 2024: -$8,2192024

Highlighted filing

2024

Revenue$99,825
Expenses$108,044
Net Income-$8,219

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.96$1.96$1.00$1.08$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.04$2.04$0.94$1.10$0.16
2022Detailed filing. Detailed filing data is available for this year.$2.20$2.20$0.92$1.00$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.28$2.28$0.90$0.93$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.30$2.30$0.96$0.80$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.14$2.14$0.84$0.86$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.15$2.15$0.83$0.89$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$0.83$0.83$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.21$2.21$0.79$0.82$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.25$2.25$0.76$0.72$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.20$2.20$0.79$0.67$0.12
2013Detailed filing. Detailed filing data is available for this year.$2.09$2.09$0.80$0.71$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$1.99$0.81$0.75$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$1.93$0.83$0.72$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 28, 2025
Return Version
2024v5.0
Gross Receipts
$99,825
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
LEE HERMANPresident-$0--
MYLES PAYNEV-President-$0--
ROBIN ROGERSMember-Bod-$0--
DONALD PAYNESecretary-$0--
GARY CHAPMANMember-Bod-$0--
WAYNE BRYANTMember-Bod-$0--
JACOB SCOTT SINKMember-Bod-$0--
RODGER WHITEMember-Bod-$0--
BRANDON BROWNMember-Bod-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Alexander County Farm Bureau Inc
EIN
56-6083700
Phone
8286323135
Address
655 NC HWY 16 SOUTH, TAYLORSVILLE, NC 28681

Signing Officer

Name
Lee Herman
Title
President
Phone
8286323135
Signed
2025-05-28
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: 12,000

Form 990-ez, Part I, Line 16

Office rental-taylorsville insurance 1,327 cleaning/maintenance 7,714 repairs 11,733 2,756 utilities 4,807 depreciation 5,781 telephone 3,065 expenses advertising and promotion 1,398 office 2,320 conferences/meetings 2,469 insurance 656 security system service 162 dues & subscriptions 1,348 payments to affiliates 34,713 office support services 6,313 depreciation 662 education 500 total 87,724

Form 990-ez, Part II, Line 24

Equipment 1,869 1,869 less accumulated depreciation 1,853 1,869 furniture 15,650 17,031 less accumulated depreciation 14,773 15,227 land improvements 28,777 28,777 less accumulated depreciation 19,181 20,658 total 10,489 9,923

Form 990-ez, Part II, Line 26

OTHER LIABILITIES 0 0

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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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/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.
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