Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.75x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
46th percentile
Higher top officer pay than 46% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Up$373,483
Up $62,753 (+20%) from 2021
Net Assets
Down$92,647
Down $26,119 (-22%) from 2021
Liabilities
Up$280,836
Up $88,872 (+46%) from 2021
Revenue And Expenses
Revenue
Up$45,384
Up $457 (+1.0%) from 2021
Expenses
Up$71,503
Up $38,864 (+119%) from 2021
Net Income
Down-$26,119
Down $38,407 (-313%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Sep 1, 2021 to Aug 31, 2022
- Signed
- Dec 15, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $45,384
Mission and Program Overview
Mission
Improving the lives of rural oklahomans
Program Services
| Description | Grants | Expenses |
|---|---|---|
| IDENTIFYING AND ADVOCATING THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS | - | $7,164 |
| CREATING PUBLIC AWARENESS FOR THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS | - | $3,877 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOE MCALESTER | President | - | $0 | - | - |
| LATT JEFFREY | Vice President | - | $0 | - | - |
| JIM GREGO | Secretary Treasurer | - | $0 | - | - |
| LOGAN REA | Director | - | $0 | - | - |
| TROY WALKER | Director | - | $0 | - | - |
| MIKE GUAZDAUSKY | Director | - | $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
- 2022-12-15
- Discuss with paid preparer
- No
Preparer
- Firm
- Woods Accounting Services PC
- Address
- 509 SW C Ave, Lawton, OK 73501
- Preparer
- Sarah Woods
- Phone
- 5806998744
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description AmountINSURANCE COMMISSIONS 27,530FEDERAL TAX REFUND 883SALARY REIMBURSEMENT 1,030”
Description of other expenses Part I line 16
“Description AmountDepreciation from 4562 26,111OFFICE SUPPLIES & EXPENSE 4,216MEMBERSHIP & COMMITTEE 7,164PUBLIC RELATIONS & ADV 3,877FEDERAL INCOME TAXES 635STATE INCOME TAXES 194MISC EXPENSES 2,500”
Description of other assets Part II line 24
“Category Beginning of Year End of YearFFE, NET 1,680 9,169FEDERAL 990-T TAX DEPOSITS 0 2,629STATE 512-E TAX DEPOSITS 0 827”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearOFB STATEMENT 276 1,341FEDERAL 990-T TAXES DUE 1,717 0STATE 512-E TAXES DUE 521 0OFBMIC LOAN PAYABLE 189,450 259,495PROMISSARY NOTE 0 20,000”
Raw XML Appendix138 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | AGRECORDS DEPT OF OFB |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4055232300 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2501 N STILES |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Oklahoma City |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 73105 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 94503 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 17390 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -26119 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 240 |
| IRS990EZ/FiledScheduleAInd | 0 | false |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 310730 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 373483 |
| IRS990EZ/GrossReceiptsAmt | 0 | 45384 |
| IRS990EZ/GroupExemptionNum | 0 | 1480 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 492 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 214547 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 343468 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 15449 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 118766 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 92647 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 118766 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 92647 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 26566 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JOE MCALESTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LATT JEFFREY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JIM GREGO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LOGAN REA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | TROY WALKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MIKE GUAZDAUSKY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | true |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1680 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 12625 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 44697 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 29443 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | IMPROVING THE LIVES OF RURAL OKLAHOMANS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CREATING PUBLIC AWARENESS FOR THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | IDENTIFYING AND ADVOCATING THE NEEDS AND CONCERNS OF RURAL OKLAHOMANS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 3877 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 7164 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | OK |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 191964 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 280836 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 71503 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 11041 |
| IRS990EZ/TotalRevenueAmt | 0 | 45384 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountINSURANCE COMMISSIONS 27,530FEDERAL TAX REFUND 883SALARY REIMBURSEMENT 1,030 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountDepreciation from 4562 26,111OFFICE SUPPLIES & EXPENSE 4,216MEMBERSHIP & COMMITTEE 7,164PUBLIC RELATIONS & ADV 3,877FEDERAL INCOME TAXES 635STATE INCOME TAXES 194MISC EXPENSES 2,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearFFE, NET 1,680 9,169FEDERAL 990-T TAX DEPOSITS 0 2,629STATE 512-E TAX DEPOSITS 0 827 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearOFB STATEMENT 276 1,341FEDERAL 990-T TAXES DUE 1,717 0STATE 512-E TAXES DUE 521 0OFBMIC LOAN PAYABLE 189,450 259,495PROMISSARY NOTE 0 20,000 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-03-07 01:45:13Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOE MCALESTER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9184652453 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-12-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Latimer County Farm Bureau |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LATI |
| ReturnHeader/Filer/EIN | 0 | 731071914 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 109 SW 9th St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Wilburton |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 74578 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 454214803 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Woods Accounting Services PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 509 SW C Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Lawton |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 73501 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5806998744 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-01-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Sarah Woods |
| ReturnHeader/ReturnTs | 0 | 2023-01-11T14:44:17-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JOE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MCALESTER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-09-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-08-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $373,483
- Liabilities
- $280,836
- Net assets
- $92,647
- Revenue
- $45,384
- Expenses
- $71,503
- Net income
- -$26,119