Civic Intelligence

Mississippi Farm Bureau Federation

EIN 64-0303134 • 501(c)5 • Jackson, MS

View Organization Page

Profile

Mississippi farm bureau federation's mission is to create an environment in which mississippi farmers, ranchers, and farm bureau members can have a better life and make a better living.

6311 Ridgewood RoadJackson, MS 39211

msfb.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.22x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

80th percentile

0.42x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Source year 2025

Net Margin

8th percentile

-6.7%

Higher net margin than 8% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

66th percentile

$341,369

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)5 • $25M-$50M nonprofits • Source year 2025

Asset Growth

19th percentile

1.1%

Faster asset growth than 19% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

31st percentile

2.5%

Faster revenue growth than 31% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$27,657,511

Up $288,538 (+1.1%) from 2024

Liabilities

Down

$6,066,721

Down $1,177,469 (-16%) from 2024

Net Assets

Up

$21,590,790

Up $1,466,007 (+7.3%) from 2024

Operations
Liabilities / Revenue80th percentileNet Margin8th percentile

Revenue

Up

$14,404,075

Up $351,873 (+2.5%) from 2024

Expenses

Down

$15,365,143

Down $247,213 (-1.6%) from 2024

Net Income

Up

-$961,068

Up $599,086 (+38%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

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

$40M$30M$20M$10M$0Assets 2010: $30,847,945Liabilities 2010: $13,409,599Net Assets 2010: $17,438,3462010Assets 2011: $30,000,909Liabilities 2011: $12,522,349Net Assets 2011: $17,478,5602011Assets 2012: $28,832,320Liabilities 2012: $11,880,021Net Assets 2012: $16,952,2992012Assets 2013: $26,038,999Liabilities 2013: $7,096,724Net Assets 2013: $18,942,2752013Assets 2014: $26,135,916Liabilities 2014: $6,917,693Net Assets 2014: $19,218,2232014Assets 2015: $26,334,468Liabilities 2015: $7,036,633Net Assets 2015: $19,297,8352015Assets 2016: $26,785,255Liabilities 2016: $8,047,428Net Assets 2016: $18,737,8272016Assets 2017: $26,428,963Liabilities 2017: $7,678,115Net Assets 2017: $18,750,8482017Assets 2018: $25,684,210Liabilities 2018: $7,313,003Net Assets 2018: $18,371,2072018Assets 2019: $26,056,564Liabilities 2019: $7,841,637Net Assets 2019: $18,214,9272019Assets 2020: $26,740,726Liabilities 2020: $9,099,765Net Assets 2020: $17,640,9612020Assets 2021: $25,917,957Liabilities 2021: $9,102,413Net Assets 2021: $16,815,5442021Assets 2022: $25,935,364Liabilities 2022: $6,811,583Net Assets 2022: $19,123,7812022Assets 2023: $26,907,979Liabilities 2023: $6,494,546Net Assets 2023: $20,413,4332023Assets 2024: $27,368,973Liabilities 2024: $7,244,190Net Assets 2024: $20,124,7832024Assets 2025: $27,657,511Liabilities 2025: $6,066,721Net Assets 2025: $21,590,7902025

Highlighted filing

2025

Assets$27,657,511
Liabilities$6,066,721
Net Assets$21,590,790
Open 2025 Filing

Operations Trend

Revenue Growth31st percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,703,0612010Expenses 2011: $7,711,6992011Expenses 2012: $8,844,9872012Expenses 2013: $7,152,2402013Revenue 2014: $8,300,530Expenses 2014: $8,726,907Net Income 2014: -$426,3772014Revenue 2015: $8,306,946Expenses 2015: $7,937,021Net Income 2015: $369,9252015Revenue 2016: $8,596,803Expenses 2016: $8,536,412Net Income 2016: $60,3912016Revenue 2017: $8,751,763Expenses 2017: $9,144,673Net Income 2017: -$392,9102017Revenue 2018: $8,476,711Expenses 2018: $8,400,470Net Income 2018: $76,2412018Revenue 2019: $12,455,521Expenses 2019: $13,231,940Net Income 2019: -$776,4192019Revenue 2020: $11,556,428Expenses 2020: $12,101,469Net Income 2020: -$545,0412020Revenue 2021: $10,910,857Expenses 2021: $11,707,413Net Income 2021: -$796,5562021Revenue 2022: $15,464,290Expenses 2022: $13,417,614Net Income 2022: $2,046,6762022Revenue 2023: $14,323,609Expenses 2023: $14,024,934Net Income 2023: $298,6752023Revenue 2024: $14,052,202Expenses 2024: $15,612,356Net Income 2024: -$1,560,1542024Revenue 2025: $14,404,075Expenses 2025: $15,365,143Net Income 2025: -$961,0682025

Highlighted filing

2025

Revenue$14,404,075
Expenses$15,365,143
Net Income-$961,068
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,657,511
Liabilities
$6,066,721
Net assets
$21,590,790
Revenue
$14,404,075
Expenses
$15,365,143
Net income
-$961,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$27.7$6.07$21.6$14.4$15.4$0.96
2024Detailed filing. Detailed filing data is available for this year.$27.4$7.24$20.1$14.1$15.6$1.56
2023Detailed filing. Detailed filing data is available for this year.$26.9$6.49$20.4$14.3$14.0$0.30
2022Detailed filing. Detailed filing data is available for this year.$25.9$6.81$19.1$15.5$13.4$2.05
2021Detailed filing. Detailed filing data is available for this year.$25.9$9.10$16.8$10.9$11.7$0.80
2020Detailed filing. Detailed filing data is available for this year.$26.7$9.10$17.6$11.6$12.1$0.55
2019Detailed filing. Detailed filing data is available for this year.$26.1$7.84$18.2$12.5$13.2$0.78
2018Detailed filing. Detailed filing data is available for this year.$25.7$7.31$18.4$8.48$8.40$0.08
2017Detailed filing. Detailed filing data is available for this year.$26.4$7.68$18.8$8.75$9.14$0.39
2016Detailed filing. Detailed filing data is available for this year.$26.8$8.05$18.7$8.60$8.54$0.06
2015Detailed filing. Detailed filing data is available for this year.$26.3$7.04$19.3$8.31$7.94$0.37
2014Detailed filing. Detailed filing data is available for this year.$26.1$6.92$19.2$8.30$8.73$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.0$7.10$18.9$7.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$11.9$17.0$8.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.0$12.5$17.5$7.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$13.4$17.4$6.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2024 to Oct 31, 2025
Signed
Mar 10, 2026
Return Version
2024v5.5
Gross Receipts
$18,013,816
Mission and Program Overview

Mission

Mississippi farm bureau federation's mission is to create an environment in which mississippi farmers, ranchers, and farm bureau members can have a better life and make a better living.

To create environment in which ms farmers & ranchers can have a better life & make a better living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,005,655$17,334,026▲ $328,371
Investments Other Securities$6,040,292$7,188,267▲ $1,147,975
Cash and Non-Interest-Bearing Accounts$3,093,826$1,910,236▼ $1,183,590
Accounts Receivable$653,047$768,025▲ $114,978
Other Notes and Loans Receivable, Net$302,633$234,633▼ $68,000
Prepaid Expenses and Deferred Charges$273,520$222,324▼ $51,196
Total Assets$27,368,973$27,657,511▲ $288,538
Liabilities
Other Liabilities$5,488,786$5,099,137▼ $389,649
Accounts Payable and Accrued Expenses$1,695,600$964,963▼ $730,637
Deferred Revenue$59,804$2,621▼ $57,183
Total Liabilities$7,244,190$6,066,721▼ $1,177,469
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,124,783$21,590,790▲ $1,466,007
Total Net Assets Fund Balance$20,124,783$21,590,790▲ $1,466,007
Total Liabilities and Net Assets / Fund Balance$27,368,973$27,657,511▲ $288,538

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,717,746$19,125,947$32,843,693
Equipment$312,266$2,432,071$2,744,337
Land$1,935,000-$1,935,000
Other Land Buildings$1,369,014$480,986$1,850,000
Other Securities$6,188,267--
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
D Mike MccormickPresidentFT$293,675$47,694$341,369
Kent M BloodworthSecretaryFT$235,729$70,184$305,913
Douglas ErvinChief Organization OfficerFT$211,813$62,471$274,284
Kaleb Deese CPATreasurerFT$161,740$72,644$234,384
Justin FergusonNational AffairsFT$166,467$62,540$229,007
Donald GantVice PresidentPT$6,400-$6,400
Jeff EasterlingVice President-$6,400-$6,400
Ted Kendall IvVice PresidentPT$6,000-$6,000
Jay SlaterDirector-$4,800-$4,800
Betty MillsDirector-$4,400-$4,400
Craig CanullDirector-$2,800-$2,800
Danny HolleyDirector-$2,800-$2,800
Gene NunneryDirector-$2,800-$2,800
James NewmanDirector-$2,800-$2,800
Larry JefcoatDirector-$2,800-$2,800
Seth BraggDirector-$2,800-$2,800
Donald LoweryDirector-$2,400-$2,400
John MckeeDirector-$2,400-$2,400
Kenneth LogginsDirector-$2,400-$2,400
Tripp ThomasDirector-$2,400-$2,400
Will McmillanDirector-$2,400-$2,400
Dr Jim PerkinsDirector-$2,000-$2,000
James RasberryDirector-$2,000-$2,000
Louis Breaux IvDirector-$2,000-$2,000
SCOTT O'BRIANDirector-$2,000-$2,000
Margaret WebbDirector-$1,600-$1,600
Gadston CroomDirector-$1,200-$1,200
Gene BooneDirector-$1,200-$1,200

Board Members and Trustees

NameTitle
Doug WilkersonDirector
Paul MullinsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,416,442
Program Service Revenue
$0
Investment Income
$376,801
Other Revenue
$11,610,832
All Other Contributions
$38,384
Change in Net Assets
$-961,068

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,369,356
Revenue Not Reported on Financial Statements
$34,719
Revenue Not Reported on Form 990
$3,524,147
Total Revenue per Audited Statements
$17,893,503
Total Revenue per Form 990
$14,404,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,638,551
Salaries, Compensation, and Employee Benefits$5,632,152
Grants and Similar Amounts Paid$94,440
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,494,814
Conferences and Meetings---$2,396,010
Occupancy---$1,641,997
Depreciation Depletion---$1,360,306
Pension Plan Contributions---$772,332
Office Expenses---$605,407
Current Officers, Directors, Trustees, and Key Employees---$552,893
Travel---$538,931
Other Employee Benefits---$532,992
Advertising---$404,427
Insurance---$309,592
Payroll Taxes---$279,121
Information Technology---$205,678
Other Expenses---$182,736
Fees for Services Accounting---$153,181
Fees for Services Lobbying---$150,000
Grants to Domestic Orgs---$82,940
Fees for Services Other---$51,447
Fees for Services Legal---$36,837
Fees for Service Investment Mgmnt Fees---$34,719
Grants to Domestic Individuals---$11,500
Total Functional Expenses$0$0$0$15,365,143

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$15,373,724
Total Expenses per Form 990$15,365,143
Expenses per Audited Statements$15,330,424
Expenses Not Reported on Form 990$43,300
Expenses Not Reported on Financial Statements$34,719
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Guard Association of MsJackson, MS-To Further the Mission of the Mfb Federation$15,000
Magnolia Tribune InstituteFlora, MS-To Further the Mission of the Mfb Federation$10,000
Mississippi Senate Leadership FundMadison, MS-To Further the Mission of the Mfb Federation$10,000
Mississippi Public Safety FoundationJackson, MS-To Further the Mission of the Mfb Federation$7,500
The Grace PlaceBatesville, MS-To Further the Mission of the Mfb Federation$6,458
Kentucky Soybean AssociationPrinceton, KY-To Further the Mission of the Mfb Federation$5,907
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
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$160,000
Total Nondeductible Lobbying and Political Cost$-605,030
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pension$3,540,763
Advance Dues$1,152,022
Taxes Payable Other Than Income$256,352
Current Portion of Pension Plan Obl$150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The federation has members made up of the county farm bureaus in the state of mississippi.”

Form 990, Part VI, Section A, Line 7A

“At all membership meetings, each member county farm bureau shall be entitled to at least one voting delegate provided it has paid its dues during the current fiscal year and has at least twenty current active members. Each member county farm bureau shall have one vote in the election or removal of elected officers and directors, and in voting to alter, amend or repeal any charter or bylaw provision, but on all other matters voted upon by members, each member county farm bureau shall have one vote, plus one additional vote for each five hundred of its members.”

Form 990, Part VI, Section B, Line 11B

“A draft of the form 990 is provided to each member of the governing body and to the audit committee. The draft is reviewed and discussed and any questions brought up by the governing body members are answered and/or cleared before the return is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Each member of the governing body and officers sign an acknowledgement of the conflict of interest policy. Any possible conlicts are reported at this time or during the year if a conflict arises.”

Form 990, Part VI, Section B, Line 15

“The finance committee meets and makes a recommendation to the executive committee. They review compensation on an annual basis to determine cost of living increases, however, larger adjustments are reviewed periodically based on peer information from similar organizations.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Mississippi Farm Bureau Federation
EIN
64-0303134
Phone
6019573200
Address
6311 RIDGEWOOD ROAD, JACKSON, MS 39211

Signing Officer

Name
Kaleb Deese CPA
Title
Treasurer
Phone
6019573200
Signed
2026-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kaleb Deese CPA
Formed
1922
Legal Domicile
Ms
Voting Board Members
28
Independent Board Members
25
Employees
44
Volunteers
25

Preparer

Firm
Matthews Cutrer & Lindsay Pa
Address
1020 HIGHLAND COLONY PKWY 500, RIDGELAND, MS 39157
Preparer
Charles R Lindsay CPA
Phone
6018988875
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net affiliate earnings 1,508,148.”

Form 990, Page 12, Part XII, Line 2C

“The auditor meets with the board of directors and the audit committee making a full presentation at the completion of the audit answering any of the board of directors questions. The auditor works closely with the board of directors during the year should any concerns arise.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Affliate earnings 2,561,920.”

Raw XML AppendixShowing 400 of 713 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt27SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt28NATIONAL AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt29CHIEF ORGANIZATION OFFICER
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IRS990/MissionDesc0MISSISSIPPI FARM BUREAU FEDERATION'S MISSION IS TO CREATE AN ENVIRONMENT IN WHICH MISSISSIPPI FARMERS, RANCHERS, AND FARM BUREAU MEMBERS CAN HAVE A BETTER LIFE AND MAKE A BETTER LIVING.
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IRS990/ProgSrvcAccomActy2Grp/Desc0SAFETY PROGRAMS - THE FEDERATION SAFETY PROGRAMS ARE PRESENTED TO PROVIDE INFORMATION TO HELP SAVE LIVES AND PREVENT INJURIES. EXAMPLES OF PROGRAMS INCLUDE GRAIN BIN SAFETY, ON-SITE TRACTOR AND FARM SAFETY, ATV SAFETY, FIRE SAFETY, FIRST AID AND HOME SAFETY, AND TEXTING AND DRIVING.
IRS990/ProgSrvcAccomActy3Grp/Desc0YOUNG FARMER PROGRAM - THE OBJECTIVE OF THE YOUNG FARMERS & RANCHERS PROGRAM IS TO PROVIDE LEADERSHIP IN BUILDING A MORE EFFECTIVE FARM BUREAU TO PRESERVE OUR INDIVIDUAL FREEDOMS AND EXPAND OUR OPPORTUNITIES IN AGRICULTURE. THE FEDERATION HOSTS STATE AND NATIONAL PROGRAMS TO PROMOTE LEADERSHIP SKILLS FOR FARMERS BETWEEN THE AGES OF 18 TO 35. THE FEDERATION ALSO PROVIDES ACTIVITIES AND COMPETITIONS THAT RECOGNIZE YOUNG LEADERS IN AGRICULTURAL. THE FEDERATION RECOGNIZES AND AWARDS INDIVIDUAL CONTESTANT WINNERS TO HELP THEM FURTHER THEIR AGRICULTUREOPERATIONS.
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