Liabilities / Assets
18th percentile
Higher debt load relative to assets than 18% of similar nonprofits.
Texas Farm Bureau
EIN 74-1145986 • 501(c)5 • Waco, TX
Profile
Texas farm bureau's mission is to be the voice of texas agriculture.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.01x
Liabilities / Revenue
47th percentile
Higher debt load relative to revenue than 47% of similar nonprofits.
Net Margin
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 4.3% of source-year revenue.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Up$982,497,314
Up $61,634,738 (+6.7%) from 2023
Liabilities
Up$13,750,111
Up $1,380,240 (+11%) from 2023
Net Assets
Up$968,747,203
Up $60,254,498 (+6.6%) from 2023
Revenue
Up$34,175,876
Up $2,737,174 (+8.7%) from 2023
Expenses
Up$27,928,905
Up $3,584,191 (+15%) from 2023
Net Income
Down$6,246,971
Down $847,017 (-12%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $982,497,314
- Liabilities
- $13,750,111
- Net assets
- $968,747,203
- Revenue
- $34,175,876
- Expenses
- $27,928,905
- Net income
- $6,246,971
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 10, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $35,509,513
Mission and Program Overview
Mission
Texas farm bureau's mission is to be the voice of texas agriculture.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $74,519,369 | $90,732,036 | ▲ $16,212,667 |
| Savings and Temporary Cash Investments | $38,935,400 | $32,042,047 | ▼ $6,893,353 |
| Accounts Receivable | $4,759,394 | $3,422,529 | ▼ $1,336,865 |
| Land, Buildings, and Equipment, Net | $3,573,443 | $3,274,660 | ▼ $298,783 |
| Prepaid Expenses and Deferred Charges | $485,487 | $452,923 | ▼ $32,564 |
| Total Assets | $920,862,576 | $982,497,314 | ▲ $61,634,738 |
| Other Assets Total | $798,589,483 | $852,573,119 | ▲ $53,983,636 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $8,233,931 | $9,048,635 | ▲ $814,704 |
| Other Liabilities | $4,135,940 | $4,701,476 | ▲ $565,536 |
| Total Liabilities | $12,369,871 | $13,750,111 | ▲ $1,380,240 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $908,492,705 | $968,747,203 | ▲ $60,254,498 |
| Total Net Assets Fund Balance | $908,492,705 | $968,747,203 | ▲ $60,254,498 |
| Total Liabilities and Net Assets / Fund Balance | $920,862,576 | $982,497,314 | ▲ $61,634,738 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,261,307 | $4,238,885 | $7,500,192 |
| Other Land Buildings | $13,353 | $625,024 | $638,377 |
| Other Assets Org | $852,573,119 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Si Cook | Executive Director | FT | $508,354 | $237,004 | $745,358 |
| Chris Daughtery | CFO | FT | $343,225 | $148,039 | $491,264 |
| Regan Beck | Director of Government Aff | FT | $313,750 | $144,494 | $458,244 |
| Gary Joiner | Director of Communications | FT | $263,191 | $121,429 | $384,620 |
| Billy Howe | Asst Director of Governmen | FT | $275,454 | $79,920 | $355,374 |
| Bryce Moore | Director of Field Operations | FT | $218,241 | $100,150 | $318,391 |
| Laramie Adams | Director of National Affai | FT | $218,241 | $53,933 | $272,174 |
| Charlie Leal | State Legislative Director | FT | $187,893 | $49,308 | $237,201 |
| Blake Brooks | Associate Director of Human Resources | FT | $12,723 | $202,076 | $214,799 |
| Stephanie Mcmullen | Corporate Secretary | FT | $132,235 | $71,272 | $203,507 |
| Patrick Ehlers | Crkp Manager | FT | $151,186 | $40,711 | $191,897 |