Civic Intelligence

Independence County Farm Bureau

990 • Fiscal year 2024 • EIN 71-0294353

Nov 01, 2023 to Oct 31, 2024 • Filed on Feb 17, 2025

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

64th percentile

0.03x

Higher debt load relative to assets than 64% of similar nonprofits.

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

Liabilities / Revenue

79th percentile

0.12x

Higher debt load relative to revenue than 79% of similar nonprofits.

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

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

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

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

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

Asset Growth

56th percentile

7.1%

Faster asset growth than 56% of similar nonprofits.

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

Revenue Growth

68th percentile

12%

Faster revenue growth than 68% of similar nonprofits.

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

Assets

Up

$1,143,779

Up $75,907 (+7.1%) from 2023

Net Assets

Up

$1,110,730

Up $63,646 (+6.1%) from 2023

Liabilities

Up

$33,049

Up $12,261 (+59%) from 2023

Revenue

Up

$284,348

Up $30,978 (+12%) from 2023

Expenses

Up

$220,702

Up $46,841 (+27%) from 2023

Net Income

Down

$63,646

Down $15,863 (-20%) from 2023

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

2024

Assets$1,143,779
Liabilities$33,049
Net Assets$1,110,730

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

2024

Revenue$284,348
Expenses$220,702
Net Income$63,646
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Feb 17, 2025
Return Version
2023v6.0
Gross Receipts
$284,348
Mission and Program Overview

Mission

AGRICULTURAL PROMOTION

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,047,084$1,110,730▲ $63,646
Savings and Temporary Cash Investments$944,784$1,018,691▲ $73,907
Land, Buildings, and Equipment, Net$123,048$114,180▼ $8,868
Prepaid Expenses and Deferred Charges$0$2,593▲ $2,593
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,067,872$1,143,779▲ $75,907
Other Assets Total$40$8,315▲ $8,275
Liabilities
Deferred Revenue$19,454$18,049▼ $1,405
Accounts Payable and Accrued Expenses$1,334$15,000▲ $13,666
Total Liabilities$20,788$33,049▲ $12,261
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,047,084$1,110,730▲ $63,646
Total Liabilities and Net Assets / Fund Balance$1,067,872$1,143,779▲ $75,907

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$57,897$174,701$232,598
Equipment$4,313$80,308$84,621
Other Land Buildings$22,137$10,267$32,404
Land$29,833-$29,833
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$56,794
Investment Income
$34,143
Other Revenue
$193,411
Change in Net Assets
$63,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,807
Salaries, Compensation, and Employee Benefits$86,006
Grants and Similar Amounts Paid$34,889
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$79,880
Grants to Domestic Orgs---$27,889
Conferences and Meetings---$27,336
Occupancy---$23,906
Advertising---$14,463
Office Expenses---$10,632
Depreciation Depletion---$9,632
Grants to Domestic Individuals---$7,000
Payroll Taxes---$6,126
Insurance---$1,945
Other Expenses---$743
Fees for Services Accounting---$600
Total Functional Expenses$0$0$0$220,702
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Independence County 4-h FoundationBatesville, AR501(c)(3)Sponsorship Donation$25,000
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 joel wagoner and eddie wagoner, 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
2025-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Hess
Formed
1966
Legal Domicile
Ar
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
23

Preparer

Firm
Landmark Plc Cpas
Address
200 W CAPITOL AVE SUITE 1700, LITTLE ROCK, AR 72201
Preparer
Sherry Chesser CPA
Phone
5013752025
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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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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt06878
IRS990/PYInvestmentIncomeAmt025027
IRS990/PYOtherExpensesAmt084994
IRS990/PYOtherRevenueAmt0169961
IRS990/PYProgramServiceRevenueAmt058382
IRS990/PYRevenuesLessExpensesAmt079509
IRS990/PYSalariesCompEmpBnftPaidAmt081989
IRS990/PYTotalExpensesAmt0173861
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0253370
IRS990/ReconcilationRevenueExpnssAmt063646
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05400
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt02474
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt02474
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01047084
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01110730
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0944784
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01018691
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt057897
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0174701
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0232598
IRS990ScheduleD/EquipmentGrp/BookValueAmt04313
IRS990ScheduleD/EquipmentGrp/DepreciationAmt080308
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084621
IRS990ScheduleD/LandGrp/BookValueAmt029833
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt029833
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022137
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010267
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032404
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0114180
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt07000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPONSORSHIP DONATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INDEPENDENCE COUNTY 4-H FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0237453482
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 2156
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BATESVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd072503
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A SCHOLARSHIP COMMITTEE IS IN PLACE TO DETERMINE THE ELIGIBILITY AND ABILITY OF THE COUNTY TO PROVIDE ALL GRANT AND SCHOLARSHIP AWARDS. MONITORING PROCEDURES ARE NOT CONSIDERED NECESSARY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAYMOND STAGGS AND JOHN BARR, FAMILY RELATIONSHIP JOEL WAGONER AND EDDIE WAGONER, 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/TotalAssetsBOYAmt01067872
IRS990/TotalAssetsEOYAmt01143779
IRS990/TotalAssetsGrp/BOYAmt01067872
IRS990/TotalAssetsGrp/EOYAmt01143779
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0220702
IRS990/TotalGrossUBIAmt0183858
IRS990/TotalLiabilitiesBOYAmt020788
IRS990/TotalLiabilitiesEOYAmt033049
IRS990/TotalLiabilitiesGrp/BOYAmt020788
IRS990/TotalLiabilitiesGrp/EOYAmt033049
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01047084
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01110730
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt056794
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt043696
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt056794
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0284348
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0183858
IRS990/TotalVolunteersCnt023
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01067872
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01143779
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2034
IRS990/USAddress/CityNm0BATESVILLE
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072503
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.ARFB.COM/INDEPENDENCE
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM HESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08707934132
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-17
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

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.$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