Civic Intelligence

Live Oak County Farm Bureau

EIN 74-1366865 • 501(c)5 • George West, TX

Profile

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

3460 Highway 281George West, TX 78022

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.00x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2025

Net Margin

60th percentile

8.3%

Higher net margin than 60% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

68th percentile

8.0%

Faster asset growth than 68% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

49th percentile

1.9%

Faster revenue growth than 49% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2023 to 2025

Assets

Up

$297,710

Up $20,165 (+7.3%) from 2024

Liabilities

Up

$1,289

Up $188 (+17%) from 2024

Net Assets

Up

$296,421

Up $19,977 (+7.2%) from 2024

Revenue

Down

$241,518

Down $8,037 (-3.2%) from 2024

Expenses

Down

$221,541

Down $5,801 (-2.6%) from 2024

Net Income

Down

$19,977

Down $2,236 (-10%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $117,521Liabilities 2011: $5282011Assets 2012: $175,858Liabilities 2012: $50,1812012Assets 2013: $156,787Liabilities 2013: $46,1972013Assets 2014: $187,148Liabilities 2014: $42,340Net Assets 2014: $144,8082014Assets 2015: $178,221Liabilities 2015: $38,0572015Assets 2016: $179,598Liabilities 2016: $34,5752016Assets 2017: $158,495Liabilities 2017: $2,349Net Assets 2017: $156,1462017Assets 2018: $174,378Liabilities 2018: $1,702Net Assets 2018: $172,6762018Assets 2019: $191,067Liabilities 2019: $1,604Net Assets 2019: $189,4632019Assets 2020: $214,046Liabilities 2020: $1,456Net Assets 2020: $212,5902020Assets 2021: $246,592Liabilities 2021: $913Net Assets 2021: $245,6792021Assets 2022: $258,219Liabilities 2022: $1,040Net Assets 2022: $257,1792022Assets 2023: $255,427Liabilities 2023: $1,196Net Assets 2023: $254,2312023Assets 2024: $277,545Liabilities 2024: $1,101Net Assets 2024: $276,4442024Assets 2025: $297,710Liabilities 2025: $1,289Net Assets 2025: $296,4212025

Highlighted filing

2025

Assets$297,710
Liabilities$1,289
Net Assets$296,421

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $129,818Expenses 2011: $112,738Net Income 2011: $17,0802011Revenue 2012: $153,664Expenses 2012: $144,980Net Income 2012: $8,6842012Revenue 2013: $136,534Expenses 2013: $151,621Net Income 2013: -$15,0872013Revenue 2014: $206,308Expenses 2014: $172,089Net Income 2014: $34,2192014Revenue 2015: $180,731Expenses 2015: $185,375Net Income 2015: -$4,6442015Revenue 2016: $192,404Expenses 2016: $187,545Net Income 2016: $4,8592016Revenue 2017: $201,643Expenses 2017: $190,520Net Income 2017: $11,1232017Revenue 2018: $204,304Expenses 2018: $187,774Net Income 2018: $16,5302018Revenue 2019: $209,073Expenses 2019: $192,286Net Income 2019: $16,7872019Revenue 2020: $213,665Expenses 2020: $190,538Net Income 2020: $23,1272020Revenue 2021: $226,690Expenses 2021: $193,601Net Income 2021: $33,0892021Revenue 2022: $226,470Expenses 2022: $214,970Net Income 2022: $11,5002022Revenue 2023: $232,721Expenses 2023: $235,669Net Income 2023: -$2,9482023Revenue 2024: $249,555Expenses 2024: $227,342Net Income 2024: $22,2132024Revenue 2025: $241,518Expenses 2025: $221,541Net Income 2025: $19,9772025

Highlighted filing

2025

Revenue$241,518
Expenses$221,541
Net Income$19,977

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.98$0.01$2.96$2.42$2.22$0.20
2024Detailed filing. Detailed filing data is available for this year.$2.78$0.01$2.76$2.50$2.27$0.22
2023Detailed filing. Detailed filing data is available for this year.$2.55$0.01$2.54$2.33$2.36$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.58$0.01$2.57$2.26$2.15$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.47$0.01$2.46$2.27$1.94$0.33
2020Detailed filing. Detailed filing data is available for this year.$2.14$0.01$2.13$2.14$1.91$0.23
2019Summary only. Only limited summary data is available for this year.$1.91$0.02$1.89$2.09$1.92$0.17
2018Summary only. Only limited summary data is available for this year.$1.74$0.02$1.73$2.04$1.88$0.17
2017Summary only. Only limited summary data is available for this year.$1.58$0.02$1.56$2.02$1.91$0.11
2016Summary only. Only limited summary data is available for this year.$1.80$0.35$1.92$1.88$0.05
2015Summary only. Only limited summary data is available for this year.$1.78$0.38$1.81$1.85$0.05
2014Summary only. Only limited summary data is available for this year.$1.87$0.42$1.45$2.06$1.72$0.34
2013Summary only. Only limited summary data is available for this year.$1.57$0.46$1.37$1.52$0.15
2012Summary only. Only limited summary data is available for this year.$1.76$0.50$1.54$1.45$0.09
2011Summary only. Only limited summary data is available for this year.$1.18$0.01$1.30$1.13$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 10, 2026
Return Version
2024v5.2
Gross Receipts
$241,518
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$276,444$296,421▲ $19,977
Land, Buildings, and Equipment, Net$81,340$129,053▲ $47,713
Savings and Temporary Cash Investments$151,400$125,429▼ $25,971
Cash and Non-Interest-Bearing Accounts$37,929$31,615▼ $6,314
Prepaid Expenses and Deferred Charges$6,876$9,920▲ $3,044
Accounts Receivable-$1,693-
Total Assets$277,545$297,710▲ $20,165
Liabilities
Accounts Payable and Accrued Expenses$1,101$1,289▲ $188
Total Liabilities$1,101$1,289▲ $188
Net Assets / Fund Balance
Total Net Assets Fund Balance$276,444$296,421▲ $19,977
Total Liabilities and Net Assets / Fund Balance$277,545$297,710▲ $20,165

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$122,524$71,623$194,147
Equipment$234$28,613$28,847
Other Land Buildings$4,295$19,081$23,376
Land$2,000-$2,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lee WallekPresident
Harriett LammVice President
Albert PerezDirector
Charles SmithDirector
Dane ElliottDirector
Kellie BeallDirector
Kip DoveDirector
Larry BusbyDirector
Lloyd StewartDirector
Lloyd WientjesDirector
Richard LeeDirector
Ronald WallekDirector
Scott BledsoeDirector
Steve MosleySecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$33,902
Program Service Revenue
$0
Investment Income
$4,029
Other Revenue
$203,587
Change in Net Assets
$19,977
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$141,288
Other Expenses$59,154
Grants and Similar Amounts Paid$21,099
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$130,752
Occupancy$0$0$0$17,609
Grants to Domestic Orgs$0--$15,349
Payroll Taxes$0$0$0$10,536
Travel$0$0$0$8,462
Grants to Domestic Individuals$0--$5,750
Office Expenses$0$0$0$5,400
Conferences and Meetings$0$0$0$5,039
Depreciation Depletion$0$0$0$3,875
Other Expenses$0$0$0$1,199
Fees for Services Accounting$0$0$0$960
Total Functional Expenses$0$0$0$221,541
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Live Oak Co Fair AssocThree Rivers, TX501 (c)(3)Assist Youth$10,250
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
Live Oak County Farm Bureau
EIN
74-1366865
Phone
3614491151
Address
3460 HIGHWAY 281, GEORGE WEST, TX 78022

Signing Officer

Name
Lee Wallek
Title
President
Phone
3614491151
Signed
2026-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Wallek
Formed
1949
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
5
Volunteers
14

Preparer

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

Additional Explanations

Pt VI, Line 1A

An executive committee, when appointed, has the authority to conduct affairs of the organization between regular board meetings, but the committee is under the direct supervision of the board of directors at all times and all actions of the committee must be ratified at the following board of directors meeting.

Pt VI, Line 2

Lee Wallek & Ronald Wallek-family relationship

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 of its state and federal tax returns/reports. This entity also reconciles the organizations bank statements. The organizaton pays a fee for these services.

Other

Pt III, Line 4d Other Program Services- AG YOUTH PROGRAMS- Contributed to local FFA and or/ 4-H organizations. These organizations strive to help youth grow in leadership and responsibility through various programs, many in agriculture-related areas. AG 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. AMERICAN FARM BUREAU FEDERATION (AFBF) ANNUAL MEETING- Volunteer director(s) attended (or will attend) the annual AFBF meeting with local Farm Bureau members from across the nation to participate in discussions and hear presentations on various agricultural issues affecting farmers and ranchers nationwide. Also, various delegates at the meeting make decisions on various AFBF policies. NATIONAL AFFAIRS MEETINGS- County Farm Bureau Directors attended meetings with national legislators as well as state legislators to explain how laws and regulations impact agriculture and rural areas. ADDITIONAL- 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 agricultural and coordinates programs on a statewide basis. Members of the County Farm Bureau are also members of the American Farm Bureau, a naitonal 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 legislation that affects agriculture. NATIONAL AFFAIRS MEETINGS- County Farm Bureau Directors attended meetings with national legislators as well as state legislators to explain how laws and regulations impact agriculture and rural areas. ADDITIONAL- 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 agricultural and coordinates programs on a statewide basis. Members of the County Farm Bureau are also members of the American Farm Bureau, a naitonal 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 legislation that affects agriculture.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/MissionDesc0To better the conditions and efficiency of agricultural producers and promote a wholesome and desirable rural life through education, information, and other such programs.
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IRS990/OtherExpensesGrp/Desc0STATE MEMBERSHIP DUES
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IRS990/OtherRevenueMiscGrp/Desc0INS ACTIVITY INCOME
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IRS990/PrincipalOfficerNm0LEE WALLEK
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IRS990/ProgSrvcAccomActy2Grp/Desc0State Meetings Volunteer Directors of the County Farm Bureau attended meetings sponsored by Texas Farm Bureau, including its annual state convention. At these meetings, various agricultural issues are discussed with similar local volunteers from other county farm bureaus across the state. At the Texas Farm Bureau annual convention, local county farm bureau leaders from all over Texas voted on agricultural issues that these volunteers would like Texas Farm Bureau and the volunteers to pursue on a statewide level in the upcoming year.
IRS990/ProgSrvcAccomActy3Grp/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.
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships for students attending college
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IRS990ScheduleI/RecipientTable/CashGrantAmt010250
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ASSIST YOUTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LIVE OAK CO FAIR ASSOC
IRS990ScheduleI/RecipientTable/RecipientEIN0472180775
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 1661
IRS990ScheduleI/RecipientTable/USAddress/CityNm0THREE RIVERS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd078071
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Funds awarded to organizations are not monitored. However, local youth livestock show/fairs and other local agricultural programs and organizations have a local existence and are known to be organizations who benefit the local community and youth.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1Funds awarded to individuals for scholarships to attend college are partially monitored, as their college enrollment is verified.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0An executive committee, when appointed, has the authority to conduct affairs of the organization between regular board meetings, but the committee is under the direct supervision of the board of directors at all times and all actions of the committee must be ratified at the following board of directors meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Lee Wallek & Ronald Wallek-family relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All members are the same class and are invited to the annual membership meeting where directors are elected.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The form 990 is reviewed by the president prior to filing and all directors review at the board meeting subsequent to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Pt VI, Line 15: No officers or directors receive any compensation; therefore, no compensation review is needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization makes its Form 990 and any other required information available to the public upon specific request only.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Pt 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 of its state and federal tax returns/reports. This entity also reconciles the organizations bank statements. The organizaton pays a fee for these services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Pt III, Line 4d Other Program Services- AG YOUTH PROGRAMS- Contributed to local FFA and or/ 4-H organizations. These organizations strive to help youth grow in leadership and responsibility through various programs, many in agriculture-related areas. AG 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. AMERICAN FARM BUREAU FEDERATION (AFBF) ANNUAL MEETING- Volunteer director(s) attended (or will attend) the annual AFBF meeting with local Farm Bureau members from across the nation to participate in discussions and hear presentations on various agricultural issues affecting farmers and ranchers nationwide. Also, various delegates at the meeting make decisions on various AFBF policies. NATIONAL AFFAIRS MEETINGS- County Farm Bureau Directors attended meetings with national legislators as well as state legislators to explain how laws and regulations impact agriculture and rural areas. ADDITIONAL- 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 agricultural and coordinates programs on a statewide basis. Members of the County Farm Bureau are also members of the American Farm Bureau, a naitonal 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 legislation that affects agriculture. NATIONAL AFFAIRS MEETINGS- County Farm Bureau Directors attended meetings with national legislators as well as state legislators to explain how laws and regulations impact agriculture and rural areas. ADDITIONAL- 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 agricultural and coordinates programs on a statewide basis. Members of the County Farm Bureau are also members of the American Farm Bureau, a naitonal 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 legislation that affects agriculture.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other
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