Civic Intelligence

Rowan County Farm Bureau

990 • Fiscal year 2024 • EIN 61-0607683

Nov 01, 2023 to Oct 31, 2024 • Filed on Mar 21, 2025

723 West Main StreetMorehead, KY 40351

(606) 784-1140

Siviq Scores

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

Liabilities / Assets

41st percentile

0.00x

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

2024 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.00x

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

2024 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2024

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2024 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2024 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2024

Asset Growth

44th percentile

3.0%

Faster asset growth than 44% of similar nonprofits.

2024 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

9.7%

Faster revenue growth than 62% of similar nonprofits.

2024 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$641,212

Up $18,412 (+3.0%) from 2023

Net Assets

Up

$641,212

Up $18,412 (+3.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$102,766

Up $9,059 (+9.7%) from 2023

Expenses

Down

$84,354

Down $38,495 (-31%) from 2023

Net Income

Up

$18,412

Up $47,554 (+163%) from 2023

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: $258,991Liabilities 2011: $766Net Assets 2011: $258,2252011Assets 2012: $255,617Liabilities 2012: $6162012Assets 2013: $251,459Liabilities 2013: $6702013Assets 2014: $289,980Liabilities 2014: $8322014Assets 2015: $333,223Liabilities 2015: $957Net Assets 2015: $332,2662015Assets 2016: $371,565Liabilities 2016: $888Net Assets 2016: $370,6772016Assets 2017: $431,181Liabilities 2017: $799Net Assets 2017: $430,3822017Assets 2018: $469,403Liabilities 2018: $763Net Assets 2018: $468,6402018Assets 2019: $509,999Liabilities 2019: $243Net Assets 2019: $509,7562019Assets 2020: $577,387Liabilities 2020: $9,777Net Assets 2020: $567,6102020Assets 2021: $610,396Liabilities 2021: $354Net Assets 2021: $610,0422021Assets 2022: $652,295Liabilities 2022: $353Net Assets 2022: $651,9422022Assets 2023: $622,800Liabilities 2023: $0Net Assets 2023: $622,8002023Assets 2024: $641,212Liabilities 2024: $0Net Assets 2024: $641,2122024Assets 2025: $670,063Liabilities 2025: $0Net Assets 2025: $670,0632025

Highlighted filing

2024

Assets$641,212
Liabilities$0
Net Assets$641,212

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $69,949Expenses 2011: $74,219Net Income 2011: -$4,2702011Revenue 2012: $79,275Expenses 2012: $82,499Net Income 2012: -$3,2242012Revenue 2013: $84,185Expenses 2013: $88,397Net Income 2013: -$4,2122013Revenue 2014: $121,544Expenses 2014: $83,185Net Income 2014: $38,3592014Revenue 2015: $118,482Expenses 2015: $75,364Net Income 2015: $43,1182015Revenue 2016: $121,214Expenses 2016: $82,803Net Income 2016: $38,4112016Revenue 2017: $141,924Expenses 2017: $81,989Net Income 2017: $59,9352017Revenue 2018: $129,893Expenses 2018: $91,635Net Income 2018: $38,2582018Revenue 2019: $141,649Expenses 2019: $100,533Net Income 2019: $41,1162019Revenue 2020: $130,013Expenses 2020: $72,139Net Income 2020: $57,8742020Revenue 2021: $126,943Expenses 2021: $84,511Net Income 2021: $42,4322021Revenue 2022: $131,840Expenses 2022: $89,941Net Income 2022: $41,8992022Revenue 2023: $93,707Expenses 2023: $122,849Net Income 2023: -$29,1422023Revenue 2024: $102,766Expenses 2024: $84,354Net Income 2024: $18,4122024Revenue 2025: $119,445Expenses 2025: $90,594Net Income 2025: $28,8512025

Highlighted filing

2024

Revenue$102,766
Expenses$84,354
Net Income$18,412
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Mar 21, 2025
Return Version
2023v6.0
Gross Receipts
$102,766
Mission and Program Overview

Mission

Advance and improve in rowan co. Ky the science and art of agriculture, home economics, horticulture, and animal industry. Provide insurance services to members. Provide scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$542,604$524,563▼ $18,041
Savings and Temporary Cash Investments$60,338$70,000▲ $9,662
Cash and Non-Interest-Bearing Accounts$19,858$46,649▲ $26,791
Total Assets$622,800$641,212▲ $18,412
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$622,800$641,212▲ $18,412
Total Net Assets Fund Balance$622,800$641,212▲ $18,412
Total Liabilities and Net Assets / Fund Balance$622,800$641,212▲ $18,412

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$463,677$156,418-
Land$36,035--
Leasehold Improvements$24,851$14,479-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Betty CaudillFb Womens Chair
Katie WallaceYoung Farmers Chair
Danny MabryPresident
W Lee PenningtonVice President
Clifford PorterDirector
David HolbrookDirector
Dwayne AndersonDirector
Herbert LewisDirector
Joseph FraleyDirector
Lorrina WhiteDirector
Ralph DerricksonDirector
Ronnie DebordDirector
Terry MaysDirector
Wayne BlackDirector
Sharon MorrisonSecretarytreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,271
Program Service Revenue
$3,801
Investment Income
$894
Other Revenue
$22,800
Change in Net Assets
$18,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,119
Grants and Similar Amounts Paid$14,235
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$19,113
Depreciation Depletion---$18,041
Office Expenses---$11,337
Grants to Domestic Orgs---$8,435
Travel---$6,802
Grants to Domestic Individuals---$5,800
Fees for Services Accounting---$5,798
Conferences and Meetings---$5,095
Insurance---$2,913
Information Technology---$1,020
Total Functional Expenses$0$0$0$84,354
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
Subject to proxy tax
No
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
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

Return provided to organization.

CEO executive director top management comp Part VI line 15A

Salary set by board at annual meeting in october of each year.

Other officer or key employee compensation Part VI line 15B

Salary set by bard at annual meeting in october each year.

Form 990 availability to public Part VI line 18

GUIDESTAR

Governing documents etc available to public Part VI line 19

Other documents are made available to the public at the organization offices as required by law.

Filing and Contact Details

Filer

Filer Name
Rowan County Farm Bureau
EIN
61-0607683
Address
723 WEST MAIN STREET, Morehead, KY 40351

Signing Officer

Name
Danny Mabry
Title
President
Phone
6067841140
Signed
2025-03-21
Discuss with paid preparer
No

Organization Details

Formed
1959
Legal Domicile
Ky
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Duane James Inc
Address
65 Eagle Drive, Morehead, KY 40351
Preparer
Aimee Carter
Phone
6067841622
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt070000
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0463677
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0156418
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0620095
IRS990ScheduleD/LandGrp/BookValueAmt036035
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt036035
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt024851
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt014479
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt039330
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0524563
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05800
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MONITORS QUALIFICATIONS FOR ANY GRANTS OR SCHOLARSHIPS PAID FROM THE ORGANIZATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN PROVIDED TO ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALARY SET BY BOARD AT ANNUAL MEETING IN OCTOBER OF EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARY SET BY BARD AT ANNUAL MEETING IN OCTOBER EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GUIDESTAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION OFFICES AS REQUIRED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0622800
IRS990/TotalAssetsEOYAmt0641212
IRS990/TotalAssetsGrp/BOYAmt0622800
IRS990/TotalAssetsGrp/EOYAmt0641212
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt075271
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt084354
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0622800
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0641212
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt03801
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0894
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt026601
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0102766
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0622800
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0641212
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt06802
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0DANNY MABRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06067841140
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROWAN COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0ROWA
ReturnHeader/Filer/EIN0610607683
ReturnHeader/Filer/USAddress/AddressLine1Txt0723 WEST MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0Morehead
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040351
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611014852
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Duane James Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt065 Eagle Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Morehead
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040351
ReturnHeader/PreparerPersonGrp/PhoneNum06067841622
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Aimee Carter
ReturnHeader/ReturnTs02025-03-21T17:16:09-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.70$0.00$6.70$1.19$0.91$0.29
2024Detailed filing. Detailed filing data is available for this year.$6.41$0.00$6.41$1.03$0.84$0.18
2023Detailed filing. Detailed filing data is available for this year.$6.23$0.00$6.23$0.94$1.23$0.29
2022Detailed filing. Detailed filing data is available for this year.$6.52$0.00$6.52$1.32$0.90$0.42
2021Detailed filing. Detailed filing data is available for this year.$6.10$0.00$6.10$1.27$0.85$0.42
2020Detailed filing. Detailed filing data is available for this year.$5.77$0.10$5.68$1.30$0.72$0.58
2019Summary only. Only limited summary data is available for this year.$5.10$0.00$5.10$1.42$1.01$0.41
2018Detailed filing. Detailed filing data is available for this year.$4.69$0.01$4.69$1.30$0.92$0.38
2017Detailed filing. Detailed filing data is available for this year.$4.31$0.01$4.30$1.42$0.82$0.60
2016Detailed filing. Detailed filing data is available for this year.$3.72$0.01$3.71$1.21$0.83$0.38
2015Detailed filing. Detailed filing data is available for this year.$3.33$0.01$3.32$1.18$0.75$0.43
2014Summary only. Only limited summary data is available for this year.$2.90$0.01$1.22$0.83$0.38
2013Summary only. Only limited summary data is available for this year.$2.51$0.01$0.84$0.88$0.04
2012Summary only. Only limited summary data is available for this year.$2.56$0.01$0.79$0.82$0.03
2011Summary only. Only limited summary data is available for this year.$2.59$0.01$2.58$0.70$0.74$0.04