Weakley County Farm Bureau FY2020 filing

Not tax-deductible

Dresden, TN501(c)(5)Since 1940EIN 62-0488429Revenue $223K in FY2020

On file with the IRSPo Box 805, 38225-0805 · Dresden, TNTax-exempt since Jun 1972

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Organized to develop, foster, promote, & protect programs for the general welfare including economic, social, & political well being of Farm people.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · 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 $28K 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
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
−$10
>-0.01% of total assets
Looks good: liabilities are -0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
30
of 30 voting members
Looks good: 30 of 30 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$223K
Spent
$190K
To programs
100%
Net assets
$209K
By yearFY2020–FY2025
Revenue
$223K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$223K
FY2021$213K
FY2022$220K
FY2023$236K
FY2024$232K
FY2025$231K
Expenses
$190K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$190K
FY2021$192K
FY2022$196K
FY2023$197K
FY2024$214K
FY2025$197K
Net assets
$209K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$209K
FY2021$234K
FY2022$258K
FY2023$297K
FY2024$316K
FY2025$349K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1972.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $190K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

29 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Weakley County Farm Bureau executive salaries →

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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 political well-being through program development and promotion.

Questions for Weakley County Farm Bureau

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Provided by the organization

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3 programs · in their own filed words · FY2020
01

Agriculture leadership activities the weakley county farm bureau structure of organizational leadership provides many opportunities for member leaders to keep abreast of issues that affect agriculture. Local board members attend organizational & educational meetings each month.

Pt IX · col B
02

Public policy programs in order to protect & promote the agriculture industry the weakley co farm bureau through its structure of volunteer leaders supports public policy efforts at the local, state & national level.

Pt IX · col B
03

Youth leadership activities weakley county farm bureau supports youth agirculture organizations both financially and with volunteer hours. The organization is a primary sponsor for the weakley county 4-h and ffa organization.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$223K
Ln 12
Gifts and grantsLn 1h$192K
Other incomeLn 4–11$30K
Investment incomeLn 3$651
Money outPt IX
$190K
Ln 25
Programscol B$190K
Owns and owesPt X
$209K
net assets · Ln 32
Cash and savingsLn 1–2$48K
Total assetsLn 16$209K
LiabilitiesLn 26−$10
PeoplePt VI, VII
29
listed · VII A
PaidVII A0
Voting boardVI 1a30
IndependentVI 1b30
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$192K
Fundraising eventsLn 1c$6K
Investment incomeLn 3$651
Other incomeLn 4–11$30K
Gains on assetsLn 7$24
Total revenueLn 12$223K
Assets in detailPt X, end of year
CashLn 1$25K
SavingsLn 2$23K
Cash and savings togetherLn 1–2$48K
InvestmentsLn 11–13$53K
Land, buildings, equipmentLn 10c$108K
Total assetsLn 16$209K
LiabilitiesLn 26−$10
Net assetsLn 32$209K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$124K$48K
InvestmentsLn 11–13$22K$53K
Land, buildings, equipmentLn 10c$30K$108K
Total assetsLn 16$176K$209K
LiabilitiesLn 26−$10−$10
Net assetsLn 32$176K$209K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$2K$2K
Management feesLn 11a$5K$5K$0$0
Accounting feesLn 11c$387$387$0$0
Other fees for servicesLn 11g$20K$20K$0$0
Advertising and promotionLn 12$85$85$0$0
Office expensesLn 13$6K$6K$0$0
OccupancyLn 16$19K$19K$0$0
Conferences, conventions and meetingsLn 19$17K$17K$0$0
InterestLn 20$137$137$0$0
Payments to affiliatesLn 21$112K$112K$0$0
Depreciation, depletion and amortizationLn 22$2K$2K$0$0
InsuranceLn 23$3K$3K$0$0
Other expenses (24a–d)Ln 24$2K$2K$0$0
Total functional expensesLn 25$190K$190K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $231K$197K$33K$349K 990 PDF
FY2024 $232K$214K$18K$316K 990 PDF
FY2023 $236K$197K$39K$297K 990 PDF
FY2022 $220K$196K$24K$258K 990 PDF
FY2021 $213K$192K$21K$234K 990 PDF
FY2020 Viewing $223K$190K$33K$209K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $222,845 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $186,021$191,795
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,492$651
I-11 Other revenuePrior year $20,061$30,399
I-12 Total revenuePrior year $207,574$222,845
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $1,737$1,741
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $187,777$187,943
I-18 Total expensesPrior year $189,514$189,684
I-19 Revenue less expensesPrior year $18,060$33,161
Part VI · Governance 30 of 30 board members independent, 5 to look at
VI-1a Voting members of the governing body30
VI-1b Independent voting members30
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $222,845 across 8 lines filed
VIII-1b Membership dues$183,256
VIII-1c Fundraising events$5,766
VIII-1f All other contributions, gifts and grants$2,773
VIII-1h Total contributions, gifts and grants$191,795
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $627$627
VIII-6 Net rental income or lossExcluded from tax $30,399$30,399
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $24$24
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $31,050$222,845
Part IX · Statement of functional expenses $189,684 across 13 lines filed
IX-4 Benefits paid to or for membersPrograms $1,741$1,741
IX-11a Management feesPrograms $5,022 · Management $0 · Fundraising $0$5,022
IX-11c Accounting feesPrograms $387 · Management $0 · Fundraising $0$387
IX-11g Other fees for servicesPrograms $20,098 · Management $0 · Fundraising $0$20,098
IX-12 Advertising and promotionPrograms $85 · Management $0 · Fundraising $0$85
IX-13 Office expensesPrograms $6,050 · Management $0 · Fundraising $0$6,050
IX-16 OccupancyPrograms $19,349 · Management $0 · Fundraising $0$19,349
IX-19 Conferences, conventions and meetingsPrograms $16,922 · Management $0 · Fundraising $0$16,922
IX-20 InterestPrograms $137 · Management $0 · Fundraising $0$137
IX-21 Payments to affiliatesPrograms $112,496 · Management $0 · Fundraising $0$112,496
IX-22 Depreciation, depletion and amortizationPrograms $1,802 · Management $0 · Fundraising $0$1,802
IX-23 InsurancePrograms $3,112 · Management $0 · Fundraising $0$3,112
IX-24 Other expenses (24a–d)Programs $2,483 · Management $0 · Fundraising $0$2,483
IX-25 Total functional expensesPrograms $189,684 · Management $0 · Fundraising $0$189,684
Part X · Balance sheet $208,811 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $35,866$24,697
X-2 Savings and temporary cash investmentsStart of year $87,860$22,837
X-10c Land, buildings and equipment, netStart of year $29,786$108,059
X-12 Other securitiesStart of year $22,138$53,218
X-16 Total assetsStart of year $175,650$208,811
X-17 Accounts payable and accrued expensesStart of year −$10−$10
X-26 Total liabilitiesStart of year −$10−$10
X-32 Total net assets or fund balancesStart of year $175,660$208,821
X-33 Total liabilities and net assetsStart of year $175,650$208,811
Part XI · Reconciliation of net assets $208,821 net assets at year end
XI-1 Total revenue$222,845
XI-2 Total expenses$189,684
XI-3 Revenue less expenses$33,161
XI-4 Net assets at start of year$175,660
XI-10 Net assets at end of year$208,821

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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