Farm Bureau Federation Mississippi Covington County

Nonprofit profile at a glance

EIN
646025065
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Collins, MS, USA
Phone
6017656771
Rating
42
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$188,738
Expenses
$174,319
Assets
$260,531
Liabilities
$35,049

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • KEITH BULLOCK (VICE PRESIDENT)
  • STANLEY WILLIAMS (PRESIDENT)

People named in this filing

  • CHARLES WALKER (DIRECTOR)
  • DARRELL GRAHAM (DIRECTOR)
  • JANET PARKER (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the interest of farmers in Mississippi.

What it reported doing in 2024

To unite through our membership those people or groups of people with a common interest in developing and improving the economic, social and educational interest of the farmer.

Operating model

Revenue model
Earned-program. 65% of the money available for current operations came from fees and other program revenue.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 8
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13.2%; rating input score 13
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.6%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 1.49; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.7% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: -0.6% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 13.2% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.