Civic Intelligence

Bee County Farm Bureau

990 • Fiscal year 2021 • EIN 74-1153200

Nov 01, 2020 to Oct 31, 2021 • Filed on Mar 04, 2022

P O Box 1480Beeville, TX 78104

(361) 358-2244

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Higher debt load relative to assets than 46% of similar nonprofits.

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

Liabilities / Revenue

47th percentile

0.00x

Higher debt load relative to revenue than 47% of similar nonprofits.

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

Net Margin

59th percentile

15%

Higher net margin than 59% 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

54th percentile

8.2%

Faster asset growth than 54% of similar nonprofits.

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

Revenue Growth

43rd percentile

-0.5%

Faster revenue growth than 43% of similar nonprofits.

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

Assets

Up

$510,370

Up $38,664 (+8.2%) from 2020

Net Assets

Up

$509,651

Up $38,909 (+8.3%) from 2020

Liabilities

Down

$719

Down $245 (-25%) from 2020

Revenue

Down

$258,038

Down $1,411 (-0.5%) from 2020

Expenses

Down

$219,129

Down $7,019 (-3.1%) from 2020

Net Income

Up

$38,909

Up $5,608 (+17%) 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: $268,480Liabilities 2011: $22011Assets 2012: $291,390Liabilities 2012: $42012Assets 2013: $317,477Liabilities 2013: $8802013Assets 2014: $336,834Liabilities 2014: $1,264Net Assets 2014: $335,5702014Assets 2015: $365,899Liabilities 2015: $1,341Net Assets 2015: $364,5582015Assets 2016: $391,192Liabilities 2016: $1,071Net Assets 2016: $390,1212016Assets 2017: $408,737Liabilities 2017: $3,572Net Assets 2017: $405,1652017Assets 2018: $424,477Liabilities 2018: $4,013Net Assets 2018: $420,4642018Assets 2019: $441,448Liabilities 2019: $4,007Net Assets 2019: $437,4412019Assets 2020: $471,706Liabilities 2020: $964Net Assets 2020: $470,7422020Assets 2021: $510,370Liabilities 2021: $719Net Assets 2021: $509,6512021Assets 2022: $543,503Liabilities 2022: $1,321Net Assets 2022: $542,1822022Assets 2023: $562,115Liabilities 2023: $2,470Net Assets 2023: $559,6452023Assets 2024: $586,642Liabilities 2024: $855Net Assets 2024: $585,7872024Assets 2025: $636,405Liabilities 2025: $1,344Net Assets 2025: $635,0612025

Highlighted filing

2021

Assets$510,370
Liabilities$719
Net Assets$509,651

Operations Trend

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

$300K$200K$100K$0Revenue 2011: $161,473Expenses 2011: $134,621Net Income 2011: $26,8522011Revenue 2012: $171,804Expenses 2012: $148,896Net Income 2012: $22,9082012Revenue 2013: $189,351Expenses 2013: $164,140Net Income 2013: $25,2112013Revenue 2014: $208,026Expenses 2014: $189,053Net Income 2014: $18,9732014Revenue 2015: $223,189Expenses 2015: $194,201Net Income 2015: $28,9882015Revenue 2016: $222,247Expenses 2016: $196,684Net Income 2016: $25,5632016Revenue 2017: $220,706Expenses 2017: $205,662Net Income 2017: $15,0442017Revenue 2018: $230,390Expenses 2018: $215,091Net Income 2018: $15,2992018Revenue 2019: $239,338Expenses 2019: $222,361Net Income 2019: $16,9772019Revenue 2020: $259,449Expenses 2020: $226,148Net Income 2020: $33,3012020Revenue 2021: $258,038Expenses 2021: $219,129Net Income 2021: $38,9092021Revenue 2022: $256,834Expenses 2022: $224,303Net Income 2022: $32,5312022Revenue 2023: $269,688Expenses 2023: $252,225Net Income 2023: $17,4632023Revenue 2024: $270,361Expenses 2024: $244,219Net Income 2024: $26,1422024Revenue 2025: $216,634Expenses 2025: $167,360Net Income 2025: $49,2742025

Highlighted filing

2021

Revenue$258,038
Expenses$219,129
Net Income$38,909
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Mar 4, 2022
Return Version
2020v4.1
Gross Receipts
$258,038
Mission and Program Overview

Mission

To better the conditions and efficiency of agricultural producers and promote a wholesome and desirable rural life through education, information, and other such programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$470,742$509,651▲ $38,909
Savings and Temporary Cash Investments$256,190$305,899▲ $49,709
Land, Buildings, and Equipment, Net$146,380$144,001▼ $2,379
Cash and Non-Interest-Bearing Accounts$57,967$47,670▼ $10,297
Prepaid Expenses and Deferred Charges$9,832$12,720▲ $2,888
Accounts Receivable$1,337$80▼ $1,257
Total Assets$471,706$510,370▲ $38,664
Liabilities
Accounts Payable and Accrued Expenses$964$719▼ $245
Total Liabilities$964$719▼ $245
Net Assets / Fund Balance
Total Net Assets Fund Balance$470,742$509,651▲ $38,909
Total Liabilities and Net Assets / Fund Balance$471,706$510,370▲ $38,664

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$85,179$83,246$168,425
Other Land Buildings$52,293$25,821$78,114
Equipment$38$28,186$28,224
Land$6,491-$6,491
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ellis MckinneyPresident
James BlackburnVice President
Bobby UrbanDirector
Brek LetsingerDirector
Gery HerodDirector
Herman RoseDirector
John HensleyDirector
Tyrne MengersDirector
William FoxDirector
Rodney ButlerSec Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$117,875
Program Service Revenue
$0
Investment Income
$244
Other Revenue
$139,919
All Other Contributions
$235
Change in Net Assets
$38,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$112,128
Salaries, Compensation, and Employee Benefits$95,418
Grants and Similar Amounts Paid$11,583
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$88,313
Other Expenses$0$0$0$15,856
Occupancy$0$0$0$15,575
Depreciation Depletion$0$0$0$9,579
Grants to Domestic Orgs$0--$8,333
Payroll Taxes$0$0$0$7,105
Office Expenses$0$0$0$5,850
Grants to Domestic Individuals$0--$3,250
Conferences and Meetings$0$0$0$3,073
Fees for Services Accounting$0$0$0$1,200
Travel$0$0$0$704
Total Functional Expenses$0$0$0$219,129
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
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Bee County Farm Bureau
EIN
74-1153200
Phone
3613582244
Address
P O BOX 1480, BEEVILLE, TX 78104

Signing Officer

Name
Brek Letsinger
Title
President
Phone
3613582244
Signed
2022-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brek Letsinger
Formed
1949
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
25

Preparer

Firm
Texas Farm Bureau
Address
PO Box 2689, Waco, TX 76702
Preparer
Patrick Ehlers
Phone
2547512337
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Members

Pt VI, Line 7A

All members are the same class and are invited to the annual membership meeting where directors are elected.

Pt VI, Line 11B

The form 990 is reviewed by the president prior to filing and all directors review at the board meeting subsequent to its filing.

Other

Pt VI, Line 15: No officers or directors receive any compensation; therefore, no compensation review is needed.

Pt VI, Line 19

The organization makes its Form 990 and any other required information available to the public upon specific request only.

Other

Pt XII, Line 2a&b- While the financial statements are not compiled by an "independent" accountant, they are compiled by a separate entity who compiles its financial statements and prepares and files all its state and federal tax returns/reports. This entity also reconciles the organization's bank statements. The organization pays a fee for these services.

Other

Pt III, Line 4d: Other Program Services- Members of the County Farm Bureau are also members of Texas Farm Bureau, a statewide agricultural organization (exempt under 501 (c)(5)) that works for the betterment of agriculture and coordinates programs on a statewide basis. Members of the County Farm Bureau are also members of the American Farm Bureau, a national agricultural organization that also works for the betterment of agriculture. County Farm Bureau volunteers also help organize their members into separate agricultural commodity interests and participate in matters dealing with legislatio that affects agriculture.

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IRS990/ProgSrvcAccomActy2Grp/Desc0Annual Meeting Held an annual meeting in which all members are invited. Purpose was to discuss relative local, statewide, and national agricultural issues, the importance of agriculture education, the business of the organization and current legislative issues as they relate to agriculture. Members of the county farm bureau, county farm bureau staff, county farm bureau voluntary leaders, Texas Farm Bureau staff and invited guests participated.
IRS990/ProgSrvcAccomActy3Grp/Desc0Ag in the Classroom County Farm Bureau volunteers contributed their time and resources to an Agriculture in the Classroom Program. Using various specially developed materials (in conjunction with Texas Farm Bureau), teachers around the state guide Texas students in grades 1 thru 6 in exploring various facets of food and fiber production in Texas. How agriculture contributes to the lifestyles of people throughout the world is also presented.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0115000
IRS990/PYGrantsAndSimilarPaidAmt010032
IRS990/PYInvestmentIncomeAmt0504
IRS990/PYOtherExpensesAmt0106597
IRS990/PYOtherRevenueAmt0143945
IRS990/PYRevenuesLessExpensesAmt033301
IRS990/PYSalariesCompEmpBnftPaidAmt0109519
IRS990/PYTotalExpensesAmt0226148
IRS990/PYTotalRevenueAmt0259449
IRS990/ReconcilationRevenueExpnssAmt038909
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt04500
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0470742
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0509651
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0256190
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0305899
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt085179
IRS990ScheduleD/BuildingsGrp/DepreciationAmt083246
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0168425
IRS990ScheduleD/EquipmentGrp/BookValueAmt038
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028186
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028224
IRS990ScheduleD/LandGrp/BookValueAmt06491
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06491
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt052293
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025821
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt078114
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0144001
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All members are the same class and are invited to the annual membership meeting where directors are elected.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The form 990 is reviewed by the president prior to filing and all directors review at the board meeting subsequent to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Pt VI, Line 15: No officers or directors receive any compensation; therefore, no compensation review is needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its Form 990 and any other required information available to the public upon specific request only.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Pt XII, Line 2a&b- While the financial statements are not compiled by an "independent" accountant, they are compiled by a separate entity who compiles its financial statements and prepares and files all its state and federal tax returns/reports. This entity also reconciles the organization's bank statements. The organization pays a fee for these services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Pt III, Line 4d: Other Program Services- Members of the County Farm Bureau are also members of Texas Farm Bureau, a statewide agricultural organization (exempt under 501 (c)(5)) that works for the betterment of agriculture and coordinates programs on a statewide basis. Members of the County Farm Bureau are also members of the American Farm Bureau, a national agricultural organization that also works for the betterment of agriculture. County Farm Bureau volunteers also help organize their members into separate agricultural commodity interests and participate in matters dealing with legislatio that affects agriculture.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0471706
IRS990/TotalAssetsEOYAmt0510370
IRS990/TotalAssetsGrp/BOYAmt0471706
IRS990/TotalAssetsGrp/EOYAmt0510370
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0117875
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0219129
IRS990/TotalGrossUBIAmt0135080
IRS990/TotalLiabilitiesBOYAmt0964
IRS990/TotalLiabilitiesEOYAmt0719
IRS990/TotalLiabilitiesGrp/BOYAmt0964
IRS990/TotalLiabilitiesGrp/EOYAmt0719
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0470742
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0509651
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05083
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0258038
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0135080
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0471706
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0510370
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0704
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0SAME ADDRESS AS BOX C ABOVE
IRS990/USAddress/CityNm0BEEVILLE
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078104
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BREK LETSINGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03613582244
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEE COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0BEEC
ReturnHeader/Filer/EIN0741153200
ReturnHeader/Filer/PhoneNum03613582244
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1480
ReturnHeader/Filer/USAddress/CityNm0BEEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078104
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Texas Farm Bureau
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 2689
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waco
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076702
ReturnHeader/PreparerPersonGrp/PhoneNum02547512337
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patrick Ehlers
ReturnHeader/ReturnTs02022-03-04T12:02:21-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BREK

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.36$0.01$6.35$2.17$1.67$0.49
2024Detailed filing. Detailed filing data is available for this year.$5.87$0.01$5.86$2.70$2.44$0.26
2023Detailed filing. Detailed filing data is available for this year.$5.62$0.02$5.60$2.70$2.52$0.17
2022Detailed filing. Detailed filing data is available for this year.$5.44$0.01$5.42$2.57$2.24$0.33
2021Detailed filing. Detailed filing data is available for this year.$5.10$0.01$5.10$2.58$2.19$0.39
2020Detailed filing. Detailed filing data is available for this year.$4.72$0.01$4.71$2.59$2.26$0.33
2019Summary only. Only limited summary data is available for this year.$4.41$0.04$4.37$2.39$2.22$0.17
2018Summary only. Only limited summary data is available for this year.$4.24$0.04$4.20$2.30$2.15$0.15
2017Summary only. Only limited summary data is available for this year.$4.09$0.04$4.05$2.21$2.06$0.15
2016Summary only. Only limited summary data is available for this year.$3.91$0.01$3.90$2.22$1.97$0.26
2015Summary only. Only limited summary data is available for this year.$3.66$0.01$3.65$2.23$1.94$0.29
2014Summary only. Only limited summary data is available for this year.$3.37$0.01$3.36$2.08$1.89$0.19
2013Summary only. Only limited summary data is available for this year.$3.17$0.01$1.89$1.64$0.25
2012Summary only. Only limited summary data is available for this year.$2.91$0.00$1.72$1.49$0.23
2011Summary only. Only limited summary data is available for this year.$2.68$0.00$1.61$1.35$0.27