Civic Intelligence

White County Farm Bureau

990 • Fiscal year 2020 • EIN 71-0278869

Nov 01, 2019 to Oct 31, 2020 • Filed on Aug 26, 2021

PO Box 1007Searcy, AR 72145

(501) 268-5358

Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.11x

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

2020 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2020

Net Margin

59th percentile

14%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2020 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2020

Asset Growth

30th percentile

0.8%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

61st percentile

1.8%

Faster revenue growth than 61% of similar nonprofits.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$678,446

Up $5,589 (+0.8%) from 2019

Net Assets

Up

$642,130

Up $45,969 (+7.7%) from 2019

Liabilities

Down

$36,316

Down $40,380 (-53%) from 2019

Revenue

Up

$323,412

Up $5,591 (+1.8%) from 2019

Expenses

Down

$277,443

Down $7,958 (-2.8%) from 2019

Net Income

Up

$45,969

Up $13,549 (+42%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $477,768Liabilities 2011: $36,775Net Assets 2011: $440,9932011Assets 2012: $576,622Liabilities 2012: $144,690Net Assets 2012: $431,9322012Assets 2013: $491,050Liabilities 2013: $34,528Net Assets 2013: $456,5222013Assets 2014: $508,721Liabilities 2014: $33,462Net Assets 2014: $475,2592014Assets 2015: $537,683Liabilities 2015: $44,302Net Assets 2015: $493,3812015Assets 2016: $701,609Liabilities 2016: $193,228Net Assets 2016: $508,3812016Assets 2017: $673,283Liabilities 2017: $153,460Net Assets 2017: $519,8232017Assets 2018: $677,978Liabilities 2018: $114,237Net Assets 2018: $563,7412018Assets 2019: $672,857Liabilities 2019: $76,696Net Assets 2019: $596,1612019Assets 2020: $678,446Liabilities 2020: $36,316Net Assets 2020: $642,1302020Assets 2021: $724,717Liabilities 2021: $37,603Net Assets 2021: $687,1142021Assets 2022: $732,635Liabilities 2022: $35,272Net Assets 2022: $697,3632022Assets 2023: $771,628Liabilities 2023: $37,355Net Assets 2023: $734,2732023Assets 2024: $811,576Liabilities 2024: $31,422Net Assets 2024: $780,1542024

Highlighted filing

2020

Assets$678,446
Liabilities$36,316
Net Assets$642,130

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $288,953Expenses 2011: $284,412Net Income 2011: $4,5412011Revenue 2012: $286,289Expenses 2012: $295,350Net Income 2012: -$9,0612012Revenue 2013: $285,482Expenses 2013: $260,892Net Income 2013: $24,5902013Revenue 2014: $284,553Expenses 2014: $265,816Net Income 2014: $18,7372014Revenue 2015: $285,269Expenses 2015: $267,147Net Income 2015: $18,1222015Revenue 2016: $288,774Expenses 2016: $273,774Net Income 2016: $15,0002016Revenue 2017: $297,015Expenses 2017: $285,573Net Income 2017: $11,4422017Revenue 2018: $303,002Expenses 2018: $259,084Net Income 2018: $43,9182018Revenue 2019: $317,821Expenses 2019: $285,401Net Income 2019: $32,4202019Revenue 2020: $323,412Expenses 2020: $277,443Net Income 2020: $45,9692020Revenue 2021: $329,305Expenses 2021: $284,321Net Income 2021: $44,9842021Revenue 2022: $336,421Expenses 2022: $326,172Net Income 2022: $10,2492022Revenue 2023: $356,458Expenses 2023: $319,548Net Income 2023: $36,9102023Revenue 2024: $392,815Expenses 2024: $346,934Net Income 2024: $45,8812024

Highlighted filing

2020

Revenue$323,412
Expenses$277,443
Net Income$45,969
Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Aug 26, 2021
Return Version
2019v5.2
Gross Receipts
$323,412
Mission and Program Overview

Mission

AGRICULTURAL PROMOTION

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$596,161$642,130▲ $45,969
Land, Buildings, and Equipment, Net$523,634$528,703▲ $5,069
Savings and Temporary Cash Investments$149,288$149,743▲ $455
Loans From Officers Directors$42,383$0▼ $42,383
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Accounts Receivable$-65$0▲ $65
Total Assets$672,857$678,446▲ $5,589
Liabilities
Deferred Revenue$31,372$32,102▲ $730
Accounts Payable and Accrued Expenses$2,941$4,214▲ $1,273
Total Liabilities$76,696$36,316▼ $40,380
Net Assets / Fund Balance
Total Net Assets Fund Balance$596,161$642,130▲ $45,969
Total Liabilities and Net Assets / Fund Balance$672,857$678,446▲ $5,589

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$213,425$289,833$503,258
Land$260,000-$260,000
Equipment$26,419$149,335$175,754
Other Land Buildings$28,859$15,649$44,508
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$91,104
Investment Income
$757
Other Revenue
$231,551
Change in Net Assets
$45,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$154,291
Other Expenses$116,153
Grants and Similar Amounts Paid$6,999
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$139,754
Occupancy---$45,581
Office Expenses---$21,657
Conferences and Meetings---$19,550
Depreciation Depletion---$19,079
Payroll Taxes---$11,067
Advertising---$4,990
Grants to Domestic Individuals---$4,500
Pension Plan Contributions---$2,992
Grants to Domestic Orgs---$2,499
Fees for Services Accounting---$2,063
Interest---$1,695
Insurance---$1,338
Other Employee Benefits---$478
Other Expenses---$200
Total Functional Expenses$0$0$0$277,443
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$42,383$0▼ $42,383
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Bobby cofer and danna cofer - family relationship fredese wheetley and johnny wheetley - family relationship brandon martin and keith martin - family relationship

Form 990, Part VI, Section A, Line 6

The organization is a mutual benefit organization with members.

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

The board is elected annually by the general membership. Officers are elected by the board.

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

Policy resolutions are subject to member approval.

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

The 990 is reviewed by the board president and executive committee.

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

Conflict of interest policy is reviewed annually at a board meeting. Problems are discussed by the board as they arise.

Form 990, Part VI, Section B, Line 15

The organization does not have compensated officers or management officials.

Form 990, Part VI, Section C, Line 19

These documents are not available to the public.

Filing and Contact Details

Filer

Filer Name
White County Farm Bureau
EIN
71-0278869
Phone
5012685358
Address
PO BOX 1007, SEARCY, AR 72145

Signing Officer

Name
John Hamilton
Title
President
Phone
5012685358
Signed
2021-08-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Hamilton
Formed
1936
Legal Domicile
Ar
Voting Board Members
26
Independent Board Members
26
Employees
6
Volunteers
31

Preparer

Firm
Landmark Plc Cpas
Address
201 EAST MARKHAM SUITE 500, LITTLE ROCK, AR 72201
Preparer
Maria K Bean CPA
Phone
5013752025
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt04500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02499
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0323412
IRS990/GrossRentsGrp/RealAmt013500
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt026
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt01338
IRS990/InterestGrp/TotalAmt01695
IRS990/InvestmentIncomeGrp/ExclusionAmt0757
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0757
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0454817
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0523634
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0528703
IRS990/LandBldgEquipCostOrOtherBssAmt0983520
IRS990/LegalDomicileStateCd0AR
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt042383
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AGRICULTURAL PROMOTION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0596161
IRS990/NetAssetsOrFundBalancesEOYAmt0642130
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt013500
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt013500
IRS990/NetUnrelatedBusTxblIncmAmt0-6685
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt045581
IRS990/OfficeExpensesGrp/TotalAmt021657
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0478
IRS990/OtherExpensesGrp/Desc0YOUTH AND SAFETY
IRS990/OtherExpensesGrp/TotalAmt0200
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE SERVICE FEES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt04750
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0209454
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14750
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0209454
IRS990/OtherRevenueTotalAmt0214204
IRS990/OtherSalariesAndWagesGrp/TotalAmt0139754
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt011067
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt02992
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN HAMILTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt091104
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt091104
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt01501
IRS990/PYInvestmentIncomeAmt02193
IRS990/PYOtherExpensesAmt0130471
IRS990/PYOtherRevenueAmt0229471
IRS990/PYProgramServiceRevenueAmt086157
IRS990/PYRevenuesLessExpensesAmt032420
IRS990/PYSalariesCompEmpBnftPaidAmt0153429
IRS990/PYTotalExpensesAmt0285401
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0317821
IRS990/ReconcilationRevenueExpnssAmt045969
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt013500
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt03847
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt03847
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0596161
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0642130
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0149288
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0149743
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0213425
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0289833
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0503258
IRS990ScheduleD/EquipmentGrp/BookValueAmt026419
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0149335
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0175754
IRS990ScheduleD/LandGrp/BookValueAmt0260000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0260000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028859
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015649
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044508
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0528703
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0MARTHA D MCKNIGHT TRUST
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LAND PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0160890
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt035% CONTROLLED BY FAMILY MEMBERS OF BOARD MEMBER JOHN MCKNIGHT.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOBBY COFER AND DANNA COFER - FAMILY RELATIONSHIP FREDESE WHEETLEY AND JOHNNY WHEETLEY - FAMILY RELATIONSHIP BRANDON MARTIN AND KEITH MARTIN - FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A MUTUAL BENEFIT ORGANIZATION WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD IS ELECTED ANNUALLY BY THE GENERAL MEMBERSHIP. OFFICERS ARE ELECTED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POLICY RESOLUTIONS ARE SUBJECT TO MEMBER APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 IS REVIEWED BY THE BOARD PRESIDENT AND EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT A BOARD MEETING. PROBLEMS ARE DISCUSSED BY THE BOARD AS THEY ARISE.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.12$0.31$7.80$3.93$3.47$0.46
2023Detailed filing. Detailed filing data is available for this year.$7.72$0.37$7.34$3.56$3.20$0.37
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.33$0.35$6.97$3.36$3.26$0.10
2021Detailed filing. Detailed filing data is available for this year.$7.25$0.38$6.87$3.29$2.84$0.45
2020Detailed filing. Detailed filing data is available for this year.$6.78$0.36$6.42$3.23$2.77$0.46
2019Summary only. Only limited summary data is available for this year.$6.73$0.77$5.96$3.18$2.85$0.32
2018Summary only. Only limited summary data is available for this year.$6.78$1.14$5.64$3.03$2.59$0.44
2017Summary only. Only limited summary data is available for this year.$6.73$1.53$5.20$2.97$2.86$0.11
2016Summary only. Only limited summary data is available for this year.$7.02$1.93$5.08$2.89$2.74$0.15
2015Summary only. Only limited summary data is available for this year.$5.38$0.44$4.93$2.85$2.67$0.18
2014Summary only. Only limited summary data is available for this year.$5.09$0.33$4.75$2.85$2.66$0.19
2013Summary only. Only limited summary data is available for this year.$4.91$0.35$4.57$2.85$2.61$0.25
2012Summary only. Only limited summary data is available for this year.$5.77$1.45$4.32$2.86$2.95$0.09
2011Summary only. Only limited summary data is available for this year.$4.78$0.37$4.41$2.89$2.84$0.05