Civic Intelligence

Independence County Farm Bureau

990 • Fiscal year 2021 • EIN 71-0294353

Nov 01, 2020 to Oct 31, 2021 • Filed on Feb 14, 2022

PO Box 2034Batesville, AR 72503

(870) 793-7572

Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

2021 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.09x

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

2021 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2021

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2021 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2021 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2021

Asset Growth

61st percentile

11%

Faster asset growth than 61% of similar nonprofits.

2021 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

-1.1%

Faster revenue growth than 40% of similar nonprofits.

2021 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$932,702

Up $89,016 (+11%) from 2020

Net Assets

Up

$912,006

Up $90,792 (+11%) from 2020

Liabilities

Down

$20,696

Down $1,776 (-7.9%) from 2020

Revenue

Down

$237,673

Down $2,743 (-1.1%) from 2020

Expenses

Down

$146,881

Down $23,889 (-14%) from 2020

Net Income

Up

$90,792

Up $21,146 (+30%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $512,344Liabilities 2011: $22,600Net Assets 2011: $489,7442011Assets 2012: $528,086Liabilities 2012: $21,932Net Assets 2012: $506,1542012Assets 2013: $548,708Liabilities 2013: $21,075Net Assets 2013: $527,6332013Assets 2014: $564,718Liabilities 2014: $21,329Net Assets 2014: $543,3892014Assets 2015: $576,286Liabilities 2015: $21,094Net Assets 2015: $555,1922015Assets 2016: $591,216Liabilities 2016: $19,463Net Assets 2016: $571,7532016Assets 2017: $644,429Liabilities 2017: $19,328Net Assets 2017: $625,1012017Assets 2018: $710,357Liabilities 2018: $24,095Net Assets 2018: $686,2622018Assets 2019: $774,565Liabilities 2019: $22,997Net Assets 2019: $751,5682019Assets 2020: $843,686Liabilities 2020: $22,472Net Assets 2020: $821,2142020Assets 2021: $932,702Liabilities 2021: $20,696Net Assets 2021: $912,0062021Assets 2022: $988,060Liabilities 2022: $20,485Net Assets 2022: $967,5752022Assets 2023: $1,067,872Liabilities 2023: $20,788Net Assets 2023: $1,047,0842023Assets 2024: $1,143,779Liabilities 2024: $33,049Net Assets 2024: $1,110,7302024Assets 2025: $1,237,288Liabilities 2025: $27,407Net Assets 2025: $1,209,8812025

Highlighted filing

2021

Assets$932,702
Liabilities$20,696
Net Assets$912,006

Operations Trend

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

$300K$200K$100K$0Revenue 2011: $181,480Expenses 2011: $162,823Net Income 2011: $18,6572011Revenue 2012: $184,565Expenses 2012: $168,155Net Income 2012: $16,4102012Revenue 2013: $187,979Expenses 2013: $166,500Net Income 2013: $21,4792013Revenue 2014: $188,382Expenses 2014: $172,626Net Income 2014: $15,7562014Revenue 2015: $188,392Expenses 2015: $176,589Net Income 2015: $11,8032015Revenue 2016: $193,239Expenses 2016: $176,678Net Income 2016: $16,5612016Revenue 2017: $202,984Expenses 2017: $149,636Net Income 2017: $53,3482017Revenue 2018: $215,341Expenses 2018: $154,180Net Income 2018: $61,1612018Revenue 2019: $224,234Expenses 2019: $158,928Net Income 2019: $65,3062019Revenue 2020: $240,416Expenses 2020: $170,770Net Income 2020: $69,6462020Revenue 2021: $237,673Expenses 2021: $146,881Net Income 2021: $90,7922021Revenue 2022: $238,345Expenses 2022: $182,776Net Income 2022: $55,5692022Revenue 2023: $253,370Expenses 2023: $173,861Net Income 2023: $79,5092023Revenue 2024: $284,348Expenses 2024: $220,702Net Income 2024: $63,6462024Revenue 2025: $298,753Expenses 2025: $199,602Net Income 2025: $99,1512025

Highlighted filing

2021

Revenue$237,673
Expenses$146,881
Net Income$90,792
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Feb 14, 2022
Return Version
2020v4.2
Gross Receipts
$237,673
Mission and Program Overview

Mission

AGRICULTURAL PROMOTION

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$821,214$912,006▲ $90,792
Savings and Temporary Cash Investments$725,505$820,843▲ $95,338
Land, Buildings, and Equipment, Net$118,109$111,819▼ $6,290
Accounts Receivable$32$0▼ $32
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$843,686$932,702▲ $89,016
Other Assets Total$40$40→ $0
Liabilities
Deferred Revenue$20,586$19,600▼ $986
Accounts Payable and Accrued Expenses$1,886$1,096▼ $790
Total Liabilities$22,472$20,696▼ $1,776
Net Assets / Fund Balance
Total Net Assets Fund Balance$821,214$912,006▲ $90,792
Total Liabilities and Net Assets / Fund Balance$843,686$932,702▲ $89,016

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$78,117$153,956$232,073
Equipment$2,846$77,337$80,183
Land$29,833-$29,833
Other Land Buildings$1,023$8,176$9,199
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$58,126
Investment Income
$22,302
Other Revenue
$157,245
Change in Net Assets
$90,792
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$74,780
Other Expenses$69,100
Grants and Similar Amounts Paid$3,001
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$69,624
Occupancy---$19,701
Conferences and Meetings---$13,717
Office Expenses---$9,979
Depreciation Depletion---$8,428
Advertising---$8,271
Payroll Taxes---$5,156
Grants to Domestic Individuals---$2,500
Other Expenses---$950
Insurance---$640
Fees for Services Accounting---$600
Grants to Domestic Orgs---$501
Total Functional Expenses$0$0$0$146,881
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
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

Raymond staggs and john barr, family relationship john barr and brandon qualls, 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 and signed by the president. The full board reviews the 990 at the next board meeting.

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

The organization monitors the conflict of interest policy annually and enforces it on an as needed basis.

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
Independence County Farm Bureau
EIN
71-0294353
Phone
8707937572
Address
PO BOX 2034, BATESVILLE, AR 72503

Signing Officer

Name
Tom Hess
Title
President
Phone
8707934132
Signed
2022-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Hess
Formed
1966
Legal Domicile
Ar
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
37

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/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TOM HESS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt058126
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt058126
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt07784
IRS990/PYInvestmentIncomeAmt016546
IRS990/PYOtherExpensesAmt083001
IRS990/PYOtherRevenueAmt0165087
IRS990/PYProgramServiceRevenueAmt058783
IRS990/PYRevenuesLessExpensesAmt069646
IRS990/PYSalariesCompEmpBnftPaidAmt079985
IRS990/PYTotalExpensesAmt0170770
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0240416
IRS990/ReconcilationRevenueExpnssAmt090792
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05400
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt02659
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt02659
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0821214
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0912006
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0725505
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0820843
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt078117
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0153956
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0232073
IRS990ScheduleD/EquipmentGrp/BookValueAmt02846
IRS990ScheduleD/EquipmentGrp/DepreciationAmt077337
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt080183
IRS990ScheduleD/LandGrp/BookValueAmt029833
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt029833
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01023
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08176
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09199
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0111819
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAYMOND STAGGS AND JOHN BARR, FAMILY RELATIONSHIP JOHN BARR AND BRANDON QUALLS, 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 AND SIGNED BY THE PRESIDENT. THE FULL BOARD REVIEWS THE 990 AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MONITORS THE CONFLICT OF INTEREST POLICY ANNUALLY AND ENFORCES IT ON AN AS NEEDED BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT HAVE COMPENSATED OFFICERS OR MANAGEMENT OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0843686
IRS990/TotalAssetsEOYAmt0932702
IRS990/TotalAssetsGrp/BOYAmt0843686
IRS990/TotalAssetsGrp/EOYAmt0932702
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0146881
IRS990/TotalGrossUBIAmt0147490
IRS990/TotalLiabilitiesBOYAmt022472
IRS990/TotalLiabilitiesEOYAmt020696
IRS990/TotalLiabilitiesGrp/BOYAmt022472
IRS990/TotalLiabilitiesGrp/EOYAmt020696
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0821214
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0912006
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt058126
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt032057
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt058126
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0237673
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0147490
IRS990/TotalVolunteersCnt037
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0843686
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0932702
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2034
IRS990/USAddress/CityNm0BATESVILLE
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072503
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0WWW.ARFB.COM/INDEPENDENCE
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM HESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08707934132
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEPENDENCE COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0INDE
ReturnHeader/Filer/EIN0710294353
ReturnHeader/Filer/PhoneNum08707937572
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2034
ReturnHeader/Filer/USAddress/CityNm0BATESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072503
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710355269

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.24$0.03$1.21$0.30$0.20$0.10
2024Detailed filing. Detailed filing data is available for this year.$1.14$0.03$1.11$0.28$0.22$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.02$1.05$0.25$0.17$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.02$0.97$0.24$0.18$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.93$0.02$0.91$0.24$0.15$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.02$0.82$0.24$0.17$0.07
2019Summary only. Only limited summary data is available for this year.$0.77$0.02$0.75$0.22$0.16$0.07
2018Summary only. Only limited summary data is available for this year.$0.71$0.02$0.69$0.22$0.15$0.06
2017Summary only. Only limited summary data is available for this year.$0.64$0.02$0.63$0.20$0.15$0.05
2016Summary only. Only limited summary data is available for this year.$0.59$0.02$0.57$0.19$0.18$0.02
2015Summary only. Only limited summary data is available for this year.$0.58$0.02$0.56$0.19$0.18$0.01
2014Summary only. Only limited summary data is available for this year.$0.56$0.02$0.54$0.19$0.17$0.02
2013Summary only. Only limited summary data is available for this year.$0.55$0.02$0.53$0.19$0.17$0.02
2012Summary only. Only limited summary data is available for this year.$0.53$0.02$0.51$0.18$0.17$0.02
2011Summary only. Only limited summary data is available for this year.$0.51$0.02$0.49$0.18$0.16$0.02