Civic Intelligence

Floyd County Farm Bureau

990EZ • Fiscal year 2021 • EIN 75-0853454

Nov 01, 2020 to Oct 31, 2021 • Filed on Feb 22, 2022

101 S Wall StFloydada, TX 79235

(806) 983-3777

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

79th percentile

28%

Higher net margin than 79% 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

85th percentile

29%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

85th percentile

23%

Faster revenue growth than 85% of similar nonprofits.

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

Assets

Up

$193,054

Up $43,826 (+29%) from 2020

Net Assets

Up

$192,235

Up $43,860 (+30%) from 2020

Liabilities

Down

$819

Down $34 (-4.0%) from 2020

Revenue

Up

$155,216

Up $29,177 (+23%) from 2020

Expenses

Down

$111,356

Down $1,786 (-1.6%) from 2020

Net Income

Up

$43,860

Up $30,963 (+240%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $79,661Liabilities 2011: $4862011Assets 2012: $80,751Liabilities 2012: $5772012Assets 2013: $95,044Liabilities 2013: $6642013Assets 2014: $103,670Liabilities 2014: $1,1402014Assets 2015: $102,541Liabilities 2015: $5522015Assets 2016: $125,471Liabilities 2016: $8252016Assets 2017: $121,418Liabilities 2017: $1,3412017Assets 2018: $125,133Liabilities 2018: $4682018Assets 2019: $135,853Liabilities 2019: $3752019Assets 2020: $149,228Liabilities 2020: $853Net Assets 2020: $148,3752020Assets 2021: $193,054Liabilities 2021: $819Net Assets 2021: $192,2352021Assets 2022: $199,814Liabilities 2022: $612Net Assets 2022: $199,2022022Assets 2023: $223,300Liabilities 2023: $230Net Assets 2023: $223,0702023Assets 2024: $238,616Liabilities 2024: $1,411Net Assets 2024: $237,2052024Assets 2025: $237,497Liabilities 2025: $207Net Assets 2025: $237,2902025

Highlighted filing

2021

Assets$193,054
Liabilities$819
Net Assets$192,235

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $107,604Expenses 2011: $111,139Net Income 2011: -$3,5352011Revenue 2012: $118,828Expenses 2012: $117,829Net Income 2012: $9992012Revenue 2013: $139,051Expenses 2013: $124,845Net Income 2013: $14,2062013Revenue 2014: $127,473Expenses 2014: $119,323Net Income 2014: $8,1502014Revenue 2015: $122,718Expenses 2015: $123,259Net Income 2015: -$5412015Revenue 2016: $135,933Expenses 2016: $113,276Net Income 2016: $22,6572016Revenue 2017: $124,987Expenses 2017: $129,556Net Income 2017: -$4,5692017Revenue 2018: $120,270Expenses 2018: $115,682Net Income 2018: $4,5882018Revenue 2019: $116,904Expenses 2019: $106,211Net Income 2019: $10,6932019Revenue 2020: $126,039Expenses 2020: $113,142Net Income 2020: $12,8972020Revenue 2021: $155,216Expenses 2021: $111,356Net Income 2021: $43,8602021Revenue 2022: $128,184Expenses 2022: $121,217Net Income 2022: $6,9672022Revenue 2023: $133,701Expenses 2023: $109,833Net Income 2023: $23,8682023Revenue 2024: $81,869Expenses 2024: $67,734Net Income 2024: $14,1352024Revenue 2025: $56,725Expenses 2025: $56,640Net Income 2025: $852025

Highlighted filing

2021

Revenue$155,216
Expenses$111,356
Net Income$43,860
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Feb 22, 2022
Return Version
2020v4.1
Gross Receipts
$155,216
Mission and Program Overview

Mission

PROMOTING AGRICULTURE

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O--
SEE SCHEDULE O--
SEE SCHEDULE O--
STATE 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. Members of the county farm bureau, county farm bureau staff, county farm bureau voluntary leaders, Texas Farm Bureau staff and invited guests participated. 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 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 inot separate agricultural commodity interests and participate in matters dealing with legislation that affect agriculture.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GARRETT EVERETTPresident-$0--
BLAKE GREERVice President-$0--
BRANDON HARRISONSec Treas-$0--
MCCRAE MCCORMICKDirector-$0--
TYSON HEFLINDirector-$0--
ERIC SMITHDirector-$0--
EWELL ADAMSDirector-$0--
TAYLOR BEEDYDirector-$0--
R N HOPPERDirector-$0--
TATE GREERDirector-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Floyd County Farm Bureau
EIN
75-0853454
Phone
8069833777
Address
101 S WALL ST, FLOYDADA, TX 79235

Signing Officer

Name
Garrett Everett
Title
President
Phone
8069833777
Signed
2022-02-22
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other

Pt III, Line 28: Youth Livestock Show/Fair- Contributed to local youth livestock show/fair. Purposes of the show are to promote responsibility, leadership skills and interest in raising farm animals for area youth. The County Farm Bureau volunteers as well as the local 4-H Clubs and FFA Chapters participate in this important event.

Other

Pt III, Line 29: Youth Leadership Conference- Sponsored student(s) to attend the Farm Bureau Youth Leadership Conference. The purpose of the conference is to give selected high school students in Texas a better understanding of the various forms of government and educate them on their responsibilities as citizens. The conference runs three full days and includes lectures, discussions and films by outstanding authorities in government, history and economics.

Other

Pt III, Line 30: Annual 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.

Pt III, Line 31

STATE 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. Members of the county farm bureau, county farm bureau staff, county farm bureau voluntary leaders, Texas Farm Bureau staff and invited guests participated. 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 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 inot separate agricultural commodity interests and participate in matters dealing with legislation that affect agriculture.

Form 990EZ, Part I, Line 8

Ins activity income 75409.

Form 990EZ, Part I, Line 8

Insurance claims proceeds 28473.

Form 990EZ, Part I, Line 8

FFCRA CREDITS 517.

Form 990EZ, Part I, Line 8

TFB AWARDS 245.

Form 990EZ, Part I, Line 16

COMMITTEE/CONTR SVC 70.

Form 990EZ, Part I, Line 16

Travel/conferences/meeting 842.

Form 990EZ, Part I, Line 16

Office operations expenses 6930.

Form 990EZ, Part I, Line 16

Advertising/public relations 1530.

Form 990EZ, Part I, Line 16

EQUIPMENT EXPENSES 53.

Form 990EZ, Part I, Line 16

State membership dues 23022.

Form 990EZ, Part I, Line 16

OTHER EXPENSES 4405.

Form 990EZ, Part II, Line 24

Prepaid income tax 4520. 3600.

Form 990EZ, Part II, Line 24

Accounts rec-employees 8. 0.

Form 990EZ, Part II, Line 26

Accounts payable 853. 819.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3STATE 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. Members of the county farm bureau, county farm bureau staff, county farm bureau voluntary leaders, Texas Farm Bureau staff and invited guests participated. 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 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 inot separate agricultural commodity interests and participate in matters dealing with legislation that affect agriculture.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Pt III, Line 28: Youth Livestock Show/Fair- Contributed to local youth livestock show/fair. Purposes of the show are to promote responsibility, leadership skills and interest in raising farm animals for area youth. The County Farm Bureau volunteers as well as the local 4-H Clubs and FFA Chapters participate in this important event.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Pt III, Line 29: Youth Leadership Conference- Sponsored student(s) to attend the Farm Bureau Youth Leadership Conference. The purpose of the conference is to give selected high school students in Texas a better understanding of the various forms of government and educate them on their responsibilities as citizens. The conference runs three full days and includes lectures, discussions and films by outstanding authorities in government, history and economics.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Pt III, Line 30: Annual 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STATE 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. Members of the county farm bureau, county farm bureau staff, county farm bureau voluntary leaders, Texas Farm Bureau staff and invited guests participated. 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 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 inot separate agricultural commodity interests and participate in matters dealing with legislation that affect agriculture.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INS ACTIVITY INCOME 75409.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSURANCE CLAIMS PROCEEDS 28473.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FFCRA CREDITS 517.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TFB AWARDS 245.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COMMITTEE/CONTR SVC 70.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TRAVEL/CONFERENCES/MEETING 842.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ADVERTISING/PUBLIC RELATIONS 1530.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12EQUIPMENT EXPENSES 53.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13STATE MEMBERSHIP DUES 23022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14OTHER EXPENSES 4405.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15PREPAID INCOME TAX 4520. 3600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16ACCOUNTS REC-EMPLOYEES 8. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17ACCOUNTS PAYABLE 853. 819.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 26
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GARRETT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0EVERETT
ReturnHeader/TaxPeriodBeginDt02020-11-01
ReturnHeader/TaxPeriodEndDt02021-10-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$0.57$0.57$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.39$0.01$2.37$0.82$0.68$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.00$2.23$1.34$1.10$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.01$1.99$1.28$1.21$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.93$0.01$1.92$1.55$1.11$0.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.01$1.48$1.26$1.13$0.13
2019Summary only. Only limited summary data is available for this year.$1.36$0.00$1.17$1.06$0.11
2018Summary only. Only limited summary data is available for this year.$1.25$0.00$1.20$1.16$0.05
2017Summary only. Only limited summary data is available for this year.$1.21$0.01$1.25$1.30$0.05
2016Summary only. Only limited summary data is available for this year.$1.25$0.01$1.36$1.13$0.23
2015Summary only. Only limited summary data is available for this year.$1.03$0.01$1.23$1.23$0.01
2014Summary only. Only limited summary data is available for this year.$1.04$0.01$1.27$1.19$0.08
2013Summary only. Only limited summary data is available for this year.$0.95$0.01$1.39$1.25$0.14
2012Summary only. Only limited summary data is available for this year.$0.81$0.01$1.19$1.18$0.01
2011Summary only. Only limited summary data is available for this year.$0.80$0.00$1.08$1.11$0.04