Nc Farm Bureau Foundation Aitc
Nonprofit profile at a glance
- EIN
- 581973176
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Raleigh, NC, USA
- Phone
- 9197821705
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development - Agricultural
Reported finances
- Revenue
- $135,613
- Expenses
- $123,302
- Assets
- $43,321
- Liabilities
- $1,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- SHAWN HARDING (PRESIDENT)
People named in this filing
- SHAWN HARDING (PRESIDENT)
- SCOTT WHITFORD (VICE PRESIDE)
- PHILLIP J PARKER JR (SECRETARY)
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
Educational program about source of food
What it reported doing in 2024
Ag in the classroom has a book of the month program. Teachers purchase agriculture related books to supplement their core lesson plans.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.9%; rating input score 91
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 9.1%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 34.5% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 26.2% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 90.9% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $123K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Sustainability: Operating margin scored 56/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.