philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Wake County Farm Bureau INC

Not tax-deductible

Raleigh, NC501(c)(5)Since 1956Mutual / membership EIN 56-0643932Revenue $958K in FY2025

On file with the IRSPo Box 33367, 27636-3367 · Raleigh, NCTax-exempt since May 1961

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Private, non-profit organization created to develop, foster, promote and protect programs for the welfare of Farm people, including their economic, social and educational well-being.

501(c)(5) labor or agricultural organization; gifts are not tax-deductible as charitable contributions.
Run by 413 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $102K a year · 12% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$14
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$958K
+9% vs prior year
Spent
$812K
Net assets
$2.5M
By yearFY2020–FY2025
Revenue
$958K
FY2025▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$705K
FY2021$769K
FY2022$800K
FY2023$800K
FY2024$879K
FY2025$958K
Expenses
$812K
FY2025▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$567K
FY2021$650K
FY2022$707K
FY2023$729K
FY2024$833K
FY2025$812K
Net assets
$2.5M
FY2025▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$2.2M
FY2022$2.3M
FY2023$2.3M
FY2024$2.4M
FY2025$2.5M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1961.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
John Burt
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Steve Carroll
Member-Bod
$0Pt VII · Sec A
Patrick Johnson
Member-Bod
$0Pt VII · Sec A
Thomas Dean
V-President
$0Pt VII · Sec A
Natalie Hunter
Member-Bod
$0Pt VII · Sec A
Mahlon Dupree
Member-Bod
$0Pt VII · Sec A
See Wake County Farm Bureau INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports farmers' economic, social, and educational well-being through various programs.

Questions for Wake County Farm Bureau INC

Tap to ask. Wake County Farm Bureau INC sees how many people are interested.

Your first name shows with your question. Wake County Farm Bureau INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · in their own filed words · FY2025
01

Agricultural leadership development -planned, conducted and supported activities for youth and adults involved in agriculture that provided opportunities to explore the agricultural industry and develop leadership skills.

Pt IX · col B
02

Public Awareness Activities

To inform the public of the importance of agriculture to the economy of the county. Coordinated and helped to sponser events with other agriculture and community groups to raise the public awareness of agricultural enterprises within the county and to increase farmer's production knowledge.

Pt IX · col B
03

Policy development- members working in committees involved at the county, district and state levels to identify issues important to the well being of agriculture and developing public policies on such issues to pursue through the legislative and regulatory process.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $12K · 2024–2025
North Carolina Farm Bureau FoundationNC · FY2025$5,509
North Carolina Farm Bureau FoundationNC · FY2024$6,500

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$958K
Ln 12
Gifts and grantsLn 1h$854K
Other incomeLn 4–11$103K
Investment incomeLn 3$2K
Money outPt IX
$812K
Ln 25
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$336K
Total assetsLn 16$2.5M
LiabilitiesLn 26$14
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$854K
Investment incomeLn 3$2K
Other incomeLn 4–11$103K
Total revenueLn 12$958K
Assets in detailPt X, end of year
CashLn 1$174K
SavingsLn 2$162K
Cash and savings togetherLn 1–2$336K
Land, buildings, equipmentLn 10c$2.0M
Other assetsLn 15$202K
Total assetsLn 16$2.5M
LiabilitiesLn 26$14
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6413
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$310K$336K
Land, buildings, equipmentLn 10c$2.0M$2.0M
Total assetsLn 16$2.4M$2.5M
LiabilitiesLn 26$0$14
Net assetsLn 32$2.4M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$26K
Grants to domestic individualsLn 2$500
Accounting feesLn 11c$875
Advertising and promotionLn 12$636
Office expensesLn 13$19K
OccupancyLn 16$29K
Conferences, conventions and meetingsLn 19$45K
Payments to affiliatesLn 21$495K
InsuranceLn 23$8K
Other expenses (24a–d)Ln 24$179K
All other expensesLn 24e$9K
Total functional expensesLn 25$812K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $958K$812K$146K$2.5M 990 PDF
FY2024 $879K$833K$46K$2.4M 990 PDF
FY2023 $800K$729K$71K$2.3M 990 PDF
FY2022 $800K$707K$92K$2.3M 990 PDF
FY2021 $769K$650K$118K$2.2M 990 PDF
FY2020 $705K$567K$138K$2.1M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $957,960 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $801,215$853,523
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,650$1,673
I-11 Other revenuePrior year $76,405$102,764
I-12 Total revenuePrior year $879,270$957,960
I-13 Grants and similar amounts paidPrior year $34,150$26,709
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $798,935$785,436
I-18 Total expensesPrior year $833,085$812,145
I-19 Revenue less expensesPrior year $46,185$145,815
Part VI · Governance 16 of 16 board members independent, 4 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $957,960 across 6 lines filed
VIII-1b Membership dues$853,025
VIII-1f All other contributions, gifts and grants$498
VIII-1h Total contributions, gifts and grants$853,523
VIII-3 Investment incomeExcluded from tax $1,673$1,673
VIII-6 Net rental income or lossExcluded from tax $102,764$102,764
VIII-12 Total revenueExcluded from tax $104,437$957,960
Part IX · Statement of functional expenses $812,145 across 11 lines filed
IX-1 Grants to domestic organizations$26,209
IX-2 Grants to domestic individuals$500
IX-11c Accounting fees$875
IX-12 Advertising and promotion$636
IX-13 Office expenses$19,493
IX-16 Occupancy$28,765
IX-19 Conferences, conventions and meetings$44,998
IX-21 Payments to affiliates$495,044
IX-23 Insurance$7,802
IX-24 Other expenses (24a–d)$179,279
IX-24e All other expenses$8,544
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$812,145
Part X · Balance sheet $2,523,430 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $150,736$174,314
X-2 Savings and temporary cash investmentsStart of year $159,674$161,843
X-10c Land, buildings and equipment, netStart of year $2,019,179$1,985,384
X-15 Other assetsStart of year $48,012$201,889
X-16 Total assetsStart of year $2,377,601$2,523,430
X-25 Other liabilities$14
X-26 Total liabilitiesStart of year $0$14
X-27 Net assets without donor restrictionsStart of year $2,377,601$2,523,416
X-32 Total net assets or fund balancesStart of year $2,377,601$2,523,416
X-33 Total liabilities and net assetsStart of year $2,377,601$2,523,430
Part XI · Reconciliation of net assets $2,523,416 net assets at year end
XI-1 Total revenue$957,960
XI-2 Total expenses$812,145
XI-3 Revenue less expenses$145,815
XI-4 Net assets at start of year$2,377,601
XI-10 Net assets at end of year$2,523,416

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.