Fayette County Farm Bureau
Nonprofit profile at a glance
- EIN
- 741176610
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- La Grange, TX, USA
- Phone
- 9799685889
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $123,874
- Expenses
- $111,186
- Assets
- $233,347
- Liabilities
- $2,019
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- LEMAE HIGGS (PRESIDENT)
- STEVEN HARKER (VICE PRESIDENT)
People named in this filing
- LEMAE HIGGS (PRESIDENT)
- STEVEN HARKER (VICE PRESIDENT)
- WENDY MCDANIEL (SEC TREAS)
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
Promoting agriculture
What it reported doing in 2024
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. 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. 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. AMERCIAN 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. STUDENT SUCCESS SERIES- ADDITIONCFBs recruited and sponsored students to participate in this program. The overall program provided students in 8th through 12th grade opportunities to learn more about Texas agriculture, government, leadership, networking, and personal professionalism.AL- 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 legislation that affects agriculture.
Operating model
- Revenue model
- Membership-supported. 70% of the money available for current operations came from membership dues.
- 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 and total assets are large relative to annual expenses, but may not be spendable cash. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 12
- Transparency & Controls: 82
- Sustainability: 64
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.6%; rating input score 19
- 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: 10.2%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 2.1; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -11.6% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 30th percentile among comparable filings
Details
- Where the money goes: 18.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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 19/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 58/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.