Civic Intelligence

Latimer County Farm Bureau

990EZ • Fiscal year 2021 • EIN 73-1071914

Sep 01, 2020 to Aug 31, 2021 • Filed on Dec 15, 2021

Organization Profile
109 SW 9th StWilburton, OK 74578

(405) 523-2300

Siviq Scores

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

Liabilities / Assets

98th percentile

0.62x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)5 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

100th percentile

4.27x

Higher debt load relative to revenue than 100% of similar nonprofits.

2021 filings • 501(c)5 • <$500k nonprofits • Source year 2021

Net Margin

78th percentile

27%

Higher net margin than 78% of similar nonprofits.

2021 filings • 501(c)5 • <$500k nonprofits • Source year 2021

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2021 filings • 501(c)5 • <$500k nonprofits • Source year 2021

Asset Growth

99th percentile

191%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

88th percentile

30%

Faster revenue growth than 88% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$310,730

Up $203,898 (+191%) from 2020

Net Assets

$118,766

No earlier filing loaded for comparison.

Liabilities

Up

$191,964

Up $191,610 (+54127%) from 2020

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin78th percentile

Revenue

Up

$44,927

Up $10,276 (+30%) from 2020

Expenses

Up

$32,639

Up $5,105 (+19%) from 2020

Net Income

Up

$12,288

Up $5,171 (+73%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$400K$300K$200K$100K$0-$100KAssets 2011: $54,148Liabilities 2011: $1482011Assets 2012: $59,958Liabilities 2012: $552012Assets 2013: $59,171Liabilities 2013: $2592013Assets 2014: $54,824Liabilities 2014: $4252014Assets 2015: $49,339Liabilities 2015: -$4252015Assets 2016: $54,126Liabilities 2016: $402016Assets 2017: $77,439Liabilities 2017: $962017Assets 2018: $93,404Liabilities 2018: $4962018Assets 2019: $99,363Liabilities 2019: $22019Assets 2020: $106,832Liabilities 2020: $3542020Assets 2021: $310,730Liabilities 2021: $191,964Net Assets 2021: $118,7662021Assets 2022: $373,483Liabilities 2022: $280,836Net Assets 2022: $92,6472022Assets 2023: $397,938Liabilities 2023: $269,979Net Assets 2023: $127,9592023Assets 2024: $369,499Liabilities 2024: $256,769Net Assets 2024: $112,7302024Assets 2025: $352,973Liabilities 2025: $244,335Net Assets 2025: $108,6382025

Highlighted filing

2021

Assets$310,730
Liabilities$191,964
Net Assets$118,766
Open 2021 Filing

Operations Trend

Revenue Growth88th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $81,296Expenses 2011: $67,830Net Income 2011: $13,4662011Revenue 2012: $76,605Expenses 2012: $70,702Net Income 2012: $5,9032012Revenue 2013: $68,586Expenses 2013: $69,577Net Income 2013: -$9912013Revenue 2014: $68,367Expenses 2014: $72,880Net Income 2014: -$4,5132014Revenue 2015: $65,527Expenses 2015: $70,160Net Income 2015: -$4,6332015Revenue 2016: $69,064Expenses 2016: $64,743Net Income 2016: $4,3212016Revenue 2017: $68,173Expenses 2017: $44,917Net Income 2017: $23,2562017Revenue 2018: $72,278Expenses 2018: $55,721Net Income 2018: $16,5572018Revenue 2019: $51,456Expenses 2019: $45,995Net Income 2019: $5,4612019Revenue 2020: $34,651Expenses 2020: $27,534Net Income 2020: $7,1172020Revenue 2021: $44,927Expenses 2021: $32,639Net Income 2021: $12,2882021Revenue 2022: $45,384Expenses 2022: $71,503Net Income 2022: -$26,1192022Revenue 2023: $137,120Expenses 2023: $101,808Net Income 2023: $35,3122023Revenue 2024: $75,867Expenses 2024: $91,096Net Income 2024: -$15,2292024Revenue 2025: $85,696Expenses 2025: $89,788Net Income 2025: -$4,0922025

Highlighted filing

2021

Revenue$44,927
Expenses$32,639
Net Income$12,288
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Dec 15, 2021
Return Version
2020v4.1
Gross Receipts
$44,927
Mission and Program Overview

Mission

Improving the lives of rural oklahomans

Program Services

DescriptionGrantsExpenses
CREATING PUBLIC AWARENESS FOR THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS-$6,715
IDENTIFYING AND ADVOCATING THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS-$4,645
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE MCALESTERPresident-$0--
LATT JEFFREYVice President-$0--
JIM GREGOSecretary Treasurer-$0--
LOGAN READirector-$0--
TROY WALKERDirector-$0--
MIKE GUAZDAUSKYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Latimer County Farm Bureau
EIN
73-1071914
Address
109 SW 9th St, Wilburton, OK 74578

Signing Officer

Name
Joe Mcalester
Title
President
Phone
9184652453
Signed
2021-12-15
Discuss with paid preparer
No

Preparer

Firm
Woods Accounting Services PC
Address
431 SW C Ave STE 101, Lawton, OK 73501
Preparer
Sarah Woods
Phone
5806998744
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountINSURANCE COMMISSIONS 29,712”

Description of other expenses Part I line 16

“Description AmountOFFICE EXPENSE 1,020MEMBERSHIP & COMMITTEE 4,645PUBLIC RELATIONS & ADV 6,715FEDERAL INCOME TAXES 5,670STATE INCOME TAXES 1,458”

Description of other assets Part II line 24

“Category Beginning of Year End of YearFFE, NET 2,144 1,680FEDERAL 990-T TAX DEPOSITS 3,953 0STATE 512-E TAX DEPOSITS 1,129 0”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearOFB STATEMENT 354 276FEDERAL 990-T TAXES DUE 0 1,717STATE 512-E TAXES DUE 0 521OFBMIC LOAN PAYABLE 0 189,450”

Raw XML Appendix139 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Oklahoma City
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd073105
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt095006
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IRS990EZ/GroupExemptionNum01480
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IRS990EZ/MembershipDuesAmt014617
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0118766
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0118766
IRS990EZ/OccupancyRentUtltsAndMaintAmt012891
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOE MCALESTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LATT JEFFREY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JIM GREGO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LOGAN REA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TROY WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MIKE GUAZDAUSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07226
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01680
IRS990EZ/OtherExpensesTotalAmt019508
IRS990EZ/OtherRevenueTotalAmt029712
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0IMPROVING THE LIVES OF RURAL OKLAHOMANS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CREATING PUBLIC AWARENESS FOR THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1IDENTIFYING AND ADVOCATING THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06715
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14645
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OK
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0354
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0191964
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032639
IRS990EZ/TotalProgramServiceExpensesAmt011360
IRS990EZ/TotalRevenueAmt044927
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountINSURANCE COMMISSIONS 29,712
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountOFFICE EXPENSE 1,020MEMBERSHIP & COMMITTEE 4,645PUBLIC RELATIONS & ADV 6,715FEDERAL INCOME TAXES 5,670STATE INCOME TAXES 1,458
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearFFE, NET 2,144 1,680FEDERAL 990-T TAX DEPOSITS 3,953 0STATE 512-E TAX DEPOSITS 1,129 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearOFB STATEMENT 354 276FEDERAL 990-T TAXES DUE 0 1,717STATE 512-E TAXES DUE 0 521OFBMIC LOAN PAYABLE 0 189,450
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE MCALESTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09184652453
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Latimer County Farm Bureau
ReturnHeader/Filer/BusinessNameControlTxt0LATI
ReturnHeader/Filer/EIN0731071914
ReturnHeader/Filer/USAddress/AddressLine1Txt0109 SW 9th St
ReturnHeader/Filer/USAddress/CityNm0Wilburton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074578
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454214803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Woods Accounting Services PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0431 SW C Ave STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lawton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073501
ReturnHeader/PreparerPersonGrp/PhoneNum05806998744
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sarah Woods
ReturnHeader/ReturnTs02022-01-12T14:30:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCALESTER
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$310,730
Liabilities
$191,964
Net assets
$118,766
Revenue
$44,927
Expenses
$32,639
Net income
$12,288
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.53$2.44$1.09$0.86$0.90$0.04
2024Detailed filing. Detailed filing data is available for this year.$3.69$2.57$1.13$0.76$0.91$0.15
2023Detailed filing. Detailed filing data is available for this year.$3.98$2.70$1.28$1.37$1.02$0.35
2022Detailed filing. Detailed filing data is available for this year.$3.73$2.81$0.93$0.45$0.72$0.26
2021Detailed filing. Detailed filing data is available for this year.$3.11$1.92$1.19$0.45$0.33$0.12
2020Summary only. Only limited summary data is available for this year.$1.07$0.00$0.35$0.28$0.07
2019Summary only. Only limited summary data is available for this year.$0.99$0.00$0.51$0.46$0.05
2018Summary only. Only limited summary data is available for this year.$0.93$0.00$0.72$0.56$0.17
2017Summary only. Only limited summary data is available for this year.$0.77$0.00$0.68$0.45$0.23
2016Summary only. Only limited summary data is available for this year.$0.54$0.00$0.69$0.65$0.04
2015Summary only. Only limited summary data is available for this year.$0.49$0.00$0.66$0.70$0.05
2014Summary only. Only limited summary data is available for this year.$0.55$0.00$0.68$0.73$0.05
2013Summary only. Only limited summary data is available for this year.$0.59$0.00$0.69$0.70$0.01
2012Summary only. Only limited summary data is available for this year.$0.60$0.00$0.77$0.71$0.06
2011Summary only. Only limited summary data is available for this year.$0.54$0.00$0.81$0.68$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)5 • <$500k nonprofits