Civic Intelligence

Monroe County Farm Bureau

990 • Fiscal year 2021 • EIN 71-0295594

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

PO Box 320Clarendon, AR 72029

(870) 747-3344

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

79th percentile

0.08x

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

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

Net Margin

62nd percentile

16%

Higher net margin than 62% 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

44th percentile

5.2%

Faster asset growth than 44% of similar nonprofits.

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

Revenue Growth

60th percentile

4.3%

Faster revenue growth than 60% of similar nonprofits.

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

Assets

Up

$519,912

Up $25,847 (+5.2%) from 2020

Net Assets

Up

$507,908

Up $25,800 (+5.4%) from 2020

Liabilities

Up

$12,004

Up $47 (+0.4%) from 2020

Revenue

Up

$158,943

Up $6,557 (+4.3%) from 2020

Expenses

Up

$133,143

Up $9,253 (+7.5%) from 2020

Net Income

Down

$25,800

Down $2,696 (-9.5%) from 2020

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: $369,123Liabilities 2011: $11,4362011Assets 2012: $387,552Liabilities 2012: $13,6032012Assets 2013: $400,374Liabilities 2013: $11,1052013Assets 2014: $415,808Liabilities 2014: $9,9852014Assets 2015: $430,504Liabilities 2015: $10,8812015Assets 2016: $441,630Liabilities 2016: $10,4272016Assets 2017: $448,433Liabilities 2017: $10,2732017Assets 2018: $454,466Liabilities 2018: $10,0962018Assets 2019: $465,338Liabilities 2019: $11,7262019Assets 2020: $494,065Liabilities 2020: $11,957Net Assets 2020: $482,1082020Assets 2021: $519,912Liabilities 2021: $12,004Net Assets 2021: $507,9082021Assets 2022: $538,489Liabilities 2022: $11,550Net Assets 2022: $526,9392022Assets 2023: $558,365Liabilities 2023: $10,955Net Assets 2023: $547,4102023Assets 2024: $592,550Liabilities 2024: $9,289Net Assets 2024: $583,2612024Assets 2025: $616,830Liabilities 2025: $9,500Net Assets 2025: $607,3302025

Highlighted filing

2021

Assets$519,912
Liabilities$12,004
Net Assets$507,908

Operations Trend

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

$300K$200K$100K$0Revenue 2011: $133,386Expenses 2011: $119,225Net Income 2011: $14,1612011Revenue 2012: $138,580Expenses 2012: $122,318Net Income 2012: $16,2622012Revenue 2013: $139,739Expenses 2013: $124,419Net Income 2013: $15,3202013Revenue 2014: $138,046Expenses 2014: $121,492Net Income 2014: $16,5542014Revenue 2015: $138,551Expenses 2015: $124,751Net Income 2015: $13,8002015Revenue 2016: $138,754Expenses 2016: $127,174Net Income 2016: $11,5802016Revenue 2017: $138,161Expenses 2017: $131,204Net Income 2017: $6,9572017Revenue 2018: $137,913Expenses 2018: $131,703Net Income 2018: $6,2102018Revenue 2019: $147,408Expenses 2019: $138,166Net Income 2019: $9,2422019Revenue 2020: $152,386Expenses 2020: $123,890Net Income 2020: $28,4962020Revenue 2021: $158,943Expenses 2021: $133,143Net Income 2021: $25,8002021Revenue 2022: $162,841Expenses 2022: $143,810Net Income 2022: $19,0312022Revenue 2023: $167,704Expenses 2023: $147,233Net Income 2023: $20,4712023Revenue 2024: $193,337Expenses 2024: $157,486Net Income 2024: $35,8512024Revenue 2025: $205,300Expenses 2025: $181,231Net Income 2025: $24,0692025

Highlighted filing

2021

Revenue$158,943
Expenses$133,143
Net Income$25,800
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Feb 14, 2022
Return Version
2020v4.2
Gross Receipts
$158,943
Mission and Program Overview

Mission

AGRICULTURAL PROMOTION

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$482,108$507,908▲ $25,800
Land, Buildings, and Equipment, Net$239,923$230,881▼ $9,042
Savings and Temporary Cash Investments$144,769$197,536▲ $52,767
Cash and Non-Interest-Bearing Accounts$108,948$91,495▼ $17,453
Accounts Receivable$425$0▼ $425
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$494,065$519,912▲ $25,847
Liabilities
Deferred Revenue$11,023$10,913▼ $110
Accounts Payable and Accrued Expenses$934$1,091▲ $157
Total Liabilities$11,957$12,004▲ $47
Net Assets / Fund Balance
Total Net Assets Fund Balance$482,108$507,908▲ $25,800
Total Liabilities and Net Assets / Fund Balance$494,065$519,912▲ $25,847

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$153,321$180,678$333,999
Other Land Buildings$39,191$34,922$74,113
Equipment$1,568$67,362$68,930
Land$36,801-$36,801
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$28,433
Investment Income
$2,800
Other Revenue
$127,710
Change in Net Assets
$25,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,200
Salaries, Compensation, and Employee Benefits$61,793
Grants and Similar Amounts Paid$4,150
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$57,049
Occupancy---$21,075
Office Expenses---$20,522
Depreciation Depletion---$10,607
Payroll Taxes---$4,744
Grants to Domestic Individuals---$4,000
Advertising---$3,581
Conferences and Meetings---$1,360
Insurance---$1,204
Fees for Services Accounting---$600
Grants to Domestic Orgs---$150
Other Expenses---$50
Total Functional Expenses$0$0$0$133,143
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
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
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

Lonnie medford, doug medford - 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 a board member when signing, the president if available.

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
Monroe County Farm Bureau
EIN
71-0295594
Phone
8707473344
Address
PO BOX 320, CLARENDON, AR 72029

Signing Officer

Name
Bo Mason
Title
President
Phone
8707473344
Signed
2022-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bo Mason
Formed
1963
Legal Domicile
Ar
Voting Board Members
20
Independent Board Members
20
Employees
4
Volunteers
21

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/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt04000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0150
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0158943
IRS990/GrossRentsGrp/RealAmt02700
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt01204
IRS990/InvestmentIncomeGrp/ExclusionAmt02800
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02800
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0282962
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0239923
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0230881
IRS990/LandBldgEquipCostOrOtherBssAmt0513843
IRS990/LegalDomicileStateCd0AR
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AGRICULTURAL PROMOTION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0482108
IRS990/NetAssetsOrFundBalancesEOYAmt0507908
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02700
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02700
IRS990/NetUnrelatedBusTxblIncmAmt027288
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt021075
IRS990/OfficeExpensesGrp/TotalAmt020522
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0INCOME TAX ON UBI
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2YOUTH AND SAFETY
IRS990/OtherExpensesGrp/TotalAmt07800
IRS990/OtherExpensesGrp/TotalAmt1401
IRS990/OtherExpensesGrp/TotalAmt250
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE SERVICES FEE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt02838
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0121055
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12838
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0121055
IRS990/OtherRevenueTotalAmt0123893
IRS990/OtherSalariesAndWagesGrp/TotalAmt057049
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt04744
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BO MASON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt028433
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028433
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt03513
IRS990/PYInvestmentIncomeAmt03099
IRS990/PYOtherExpensesAmt064254
IRS990/PYOtherRevenueAmt0119959
IRS990/PYProgramServiceRevenueAmt029328
IRS990/PYRevenuesLessExpensesAmt028496
IRS990/PYSalariesCompEmpBnftPaidAmt056123
IRS990/PYTotalExpensesAmt0123890
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0152386
IRS990/ReconcilationRevenueExpnssAmt025800
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt02700
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01117
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01117
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0482108
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0507908
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0144769
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0197536
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0153321
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0180678
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0333999
IRS990ScheduleD/EquipmentGrp/BookValueAmt01568
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067362
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068930
IRS990ScheduleD/LandGrp/BookValueAmt036801
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt036801
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt039191
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034922
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt074113
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0230881
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LONNIE MEDFORD, DOUG MEDFORD - 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 A BOARD MEMBER WHEN SIGNING, THE PRESIDENT IF AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT HAVE COMPENSATED OFFICERS OR MANAGEMENT OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THESE 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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.17$0.10$6.07$2.05$1.81$0.24
2024Detailed filing. Detailed filing data is available for this year.$5.93$0.09$5.83$1.93$1.57$0.36
2023Detailed filing. Detailed filing data is available for this year.$5.58$0.11$5.47$1.68$1.47$0.20
2022Detailed filing. Detailed filing data is available for this year.$5.38$0.12$5.27$1.63$1.44$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.20$0.12$5.08$1.59$1.33$0.26
2020Detailed filing. Detailed filing data is available for this year.$4.94$0.12$4.82$1.52$1.24$0.28
2019Summary only. Only limited summary data is available for this year.$4.65$0.12$1.47$1.38$0.09
2018Summary only. Only limited summary data is available for this year.$4.54$0.10$1.38$1.32$0.06
2017Summary only. Only limited summary data is available for this year.$4.48$0.10$1.38$1.31$0.07
2016Summary only. Only limited summary data is available for this year.$4.42$0.10$1.39$1.27$0.12
2015Summary only. Only limited summary data is available for this year.$4.31$0.11$1.39$1.25$0.14
2014Summary only. Only limited summary data is available for this year.$4.16$0.10$1.38$1.21$0.17
2013Summary only. Only limited summary data is available for this year.$4.00$0.11$1.40$1.24$0.15
2012Summary only. Only limited summary data is available for this year.$3.88$0.14$1.39$1.22$0.16
2011Summary only. Only limited summary data is available for this year.$3.69$0.11$1.33$1.19$0.14