Civic Intelligence

Sherman County Farm Bureau

990EZ • Fiscal year 2020 • EIN 75-1151731

Nov 01, 2019 to Oct 31, 2020 • Filed on Mar 01, 2021

P O Box 25Stratford, TX 79084

(806) 396-5538

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.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.01x

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

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Net Margin

49th percentile

10%

Higher net margin than 49% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Asset Growth

52nd percentile

8.3%

Faster asset growth than 52% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-26%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$152,281

Up $11,727 (+8.3%) from 2019

Net Assets

$151,645

No earlier filing loaded for comparison.

Liabilities

Up

$636

Up $120 (+23%) from 2019

Revenue

Down

$115,120

Down $40,607 (-26%) from 2019

Expenses

Down

$103,513

Down $9,359 (-8.3%) from 2019

Net Income

Down

$11,607

Down $31,248 (-73%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $45,500Liabilities 2011: $22011Assets 2012: $50,389Liabilities 2012: $5102012Assets 2013: $53,741Liabilities 2013: $5042013Assets 2014: $62,657Liabilities 2014: $5712014Assets 2015: $62,055Liabilities 2015: $1,5052015Assets 2016: $68,504Liabilities 2016: $1,1412016Assets 2017: $89,488Liabilities 2017: $1,1942017Assets 2018: $98,138Liabilities 2018: $9552018Assets 2019: $140,554Liabilities 2019: $5162019Assets 2020: $152,281Liabilities 2020: $636Net Assets 2020: $151,6452020Assets 2021: $164,241Liabilities 2021: $598Net Assets 2021: $163,6432021Assets 2022: $158,430Liabilities 2022: $586Net Assets 2022: $157,8442022Assets 2023: $172,914Liabilities 2023: $749Net Assets 2023: $172,1652023Assets 2024: $172,788Liabilities 2024: $932Net Assets 2024: $171,8562024Assets 2025: $170,512Liabilities 2025: $715Net Assets 2025: $169,7972025

Highlighted filing

2020

Assets$152,281
Liabilities$636
Net Assets$151,645

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $102,065Expenses 2011: $100,577Net Income 2011: $1,4882011Revenue 2012: $111,195Expenses 2012: $106,814Net Income 2012: $4,3812012Revenue 2013: $108,801Expenses 2013: $105,443Net Income 2013: $3,3582013Revenue 2014: $109,464Expenses 2014: $100,615Net Income 2014: $8,8492014Revenue 2015: $113,974Expenses 2015: $115,510Net Income 2015: -$1,5362015Revenue 2016: $130,287Expenses 2016: $123,474Net Income 2016: $6,8132016Revenue 2017: $148,183Expenses 2017: $127,252Net Income 2017: $20,9312017Revenue 2018: $131,182Expenses 2018: $122,293Net Income 2018: $8,8892018Revenue 2019: $155,727Expenses 2019: $112,872Net Income 2019: $42,8552019Revenue 2020: $115,120Expenses 2020: $103,513Net Income 2020: $11,6072020Revenue 2021: $114,309Expenses 2021: $102,311Net Income 2021: $11,9982021Revenue 2022: $105,781Expenses 2022: $111,580Net Income 2022: -$5,7992022Revenue 2023: $124,659Expenses 2023: $110,338Net Income 2023: $14,3212023Revenue 2024: $109,590Expenses 2024: $109,899Net Income 2024: -$3092024Revenue 2025: $108,417Expenses 2025: $110,476Net Income 2025: -$2,0592025

Highlighted filing

2020

Revenue$115,120
Expenses$103,513
Net Income$11,607
Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Mar 1, 2021
Return Version
2019v5.1
Gross Receipts
$115,120
Mission and Program Overview

Mission

PROMOTING AGRICULTURE

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O--
SEE SCHEDULE O--
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT HUDSONPresident-$0--
PATRICK PRONGERVice President-$0--
MORGAN CRABTREESecretary-$0--
JIMMY CHESHERSecretary-$0--
AE PRONGERDirector-$0--
CHANDLER HENDERSONDirector-$0--
DEAN HAUSERDirector-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Sherman County Farm Bureau
EIN
75-1151731
Phone
8063965538
Address
P O BOX 25, STRATFORD, TX 79084

Signing Officer

Name
Scott Hudson
Title
President
Phone
8063965538
Signed
2021-03-01
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: Annual Meeting- Held an annual meeting in which 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.

Other

Pt III, Line 29: 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 30: 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.

Pt III, Line 31

Members of the County Farm Bureau are also members of the American Farm Burea, 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 legislation that affects agriculture.

Form 990EZ, Part I, Line 8

Ins activity income 74194.

Form 990EZ, Part I, Line 16

State membership dues 17897.

Form 990EZ, Part I, Line 16

Travel/conferences/meetings 2507.

Form 990EZ, Part I, Line 16

Office operations expenses 3267.

Form 990EZ, Part I, Line 16

EQUIPMENT EXPENSES 629.

Form 990EZ, Part I, Line 16

OTHER EXPENSES 5957.

Form 990EZ, Part I, Line 16

Advertising/public relations 255.

Form 990EZ, Part II, Line 24

Prepaid income tas 5024. 4588.

Form 990EZ, Part II, Line 26

Accounts payable 516. 636.

Raw XML Appendix169 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Pt III, Line 28: Annual Meeting- Held an annual meeting in which 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/ExplanationTxt1Pt III, Line 29: 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/ExplanationTxt2Pt III, Line 30: 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Members of the County Farm Bureau are also members of the American Farm Burea, 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 legislation that affects agriculture.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INS ACTIVITY INCOME 74194.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5STATE MEMBERSHIP DUES 17897.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRAVEL/CONFERENCES/MEETINGS 2507.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OFFICE OPERATIONS EXPENSES 3267.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EQUIPMENT EXPENSES 629.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OTHER EXPENSES 5957.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ADVERTISING/PUBLIC RELATIONS 255.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PREPAID INCOME TAS 5024. 4588.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ACCOUNTS PAYABLE 516. 636.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
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 II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT HUDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08063965538
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHERMAN COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0SHER
ReturnHeader/Filer/EIN0751151731
ReturnHeader/Filer/PhoneNum08063965538
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 25
ReturnHeader/Filer/USAddress/CityNm0STRATFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079084
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/ReturnTs02021-03-01T11:10:13-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-11-01
ReturnHeader/TaxPeriodEndDt02020-10-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.71$0.01$1.70$1.08$1.10$0.02
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.01$1.72$1.10$1.10$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.01$1.72$1.25$1.10$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.58$0.01$1.58$1.06$1.12$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.64$0.01$1.64$1.14$1.02$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.52$0.01$1.52$1.15$1.04$0.12
2019Summary only. Only limited summary data is available for this year.$1.41$0.01$1.56$1.13$0.43
2018Summary only. Only limited summary data is available for this year.$0.98$0.01$1.31$1.22$0.09
2017Summary only. Only limited summary data is available for this year.$0.89$0.01$1.48$1.27$0.21
2016Summary only. Only limited summary data is available for this year.$0.69$0.01$1.30$1.23$0.07
2015Summary only. Only limited summary data is available for this year.$0.62$0.02$1.14$1.16$0.02
2014Summary only. Only limited summary data is available for this year.$0.63$0.01$1.09$1.01$0.09
2013Summary only. Only limited summary data is available for this year.$0.54$0.01$1.09$1.05$0.03
2012Summary only. Only limited summary data is available for this year.$0.50$0.01$1.11$1.07$0.04
2011Summary only. Only limited summary data is available for this year.$0.46$0.00$1.02$1.01$0.01