Weakley County Farm Bureau FY2023 filing

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

501(c)(5) labor or agricultural organization; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2023 · 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
9 mo
of spending, in cash
Looks good: 8.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
32
of 32 voting members
Looks good: 32 of 32 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$236K
+7% vs prior year
Spent
$197K
To programs
100%
Net assets
$297K
By yearFY2020–FY2025
Revenue
$236K
FY2023▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$223K
FY2021$213K
FY2022$220K
FY2023$236K
FY2024$232K
FY2025$231K
Expenses
$197K
FY2023▲ +0.5%
Tap a bar for its year
Expenses by fiscal year
FY2020$190K
FY2021$192K
FY2022$196K
FY2023$197K
FY2024$214K
FY2025$197K
Net assets
$297K
FY2023▲ +15%
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 FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 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% · $197K

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

33 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
Director
$0Pt VII · Sec A
$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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3 programs · in their own filed words · FY2023
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 FY2023 990, line by line.

1The main four
Money inPt VIII
$236K
Ln 12
Gifts and grantsLn 1h$189K
Other incomeLn 4–11$45K
Investment incomeLn 3$2K
Money outPt IX
$197K
Ln 25
Programscol B$197K
Owns and owesPt X
$297K
net assets · Ln 32
Cash and savingsLn 1–2$144K
Total assetsLn 16$297K
LiabilitiesLn 26$0
PeoplePt VI, VII
33
listed · VII A
PaidVII A0
Voting boardVI 1a32
IndependentVI 1b32
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$189K
Investment incomeLn 3$2K
Other incomeLn 4–11$45K
Total revenueLn 12$236K
Assets in detailPt X, end of year
CashLn 1$62K
SavingsLn 2$82K
Cash and savings togetherLn 1–2$144K
InvestmentsLn 11–13$53K
Land, buildings, equipmentLn 10c$100K
Total assetsLn 16$297K
LiabilitiesLn 26$0
Net assetsLn 32$297K
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 FY23End FY23
Cash and savingsLn 1–2$101K$144K
InvestmentsLn 11–13$53K$53K
Land, buildings, equipmentLn 10c$104K$100K
Total assetsLn 16$258K$297K
LiabilitiesLn 26$0$0
Net assetsLn 32$258K$297K
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$688$688$0$0
Other fees for servicesLn 11g$20K$20K$0$0
Advertising and promotionLn 12$1K$1K$0$0
Office expensesLn 13$6K$6K$0$0
OccupancyLn 16$18K$18K$0$0
Conferences, conventions and meetingsLn 19$20K$20K$0$0
Payments to affiliatesLn 21$114K$114K$0$0
Depreciation, depletion and amortizationLn 22$3K$3K$0$0
InsuranceLn 23$3K$3K$0$0
Other expenses (24a–d)Ln 24$4K$4K$0$0
Total functional expensesLn 25$197K$197K$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 Viewing $236K$197K$39K$297K 990 PDF
FY2022 $220K$196K$24K$258K 990 PDF
FY2021 $213K$192K$21K$234K 990 PDF
FY2020 $223K$190K$33K$209K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $235,991 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $188,293$189,260
I-9 Program service revenue$0
I-10 Investment incomePrior year $145$1,930
I-11 Other revenuePrior year $31,968$44,801
I-12 Total revenuePrior year $220,406$235,991
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $1,751$1,763
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $194,575$195,557
I-18 Total expensesPrior year $196,326$197,320
I-19 Revenue less expensesPrior year $24,080$38,671
Part VI · Governance 32 of 32 board members independent, 5 to look at
VI-1a Voting members of the governing body32
VI-1b Independent voting members32
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 $235,991 across 7 lines filed
VIII-1b Membership dues$185,240
VIII-1f All other contributions, gifts and grants$4,020
VIII-1h Total contributions, gifts and grants$189,260
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $1,930$1,930
VIII-6 Net rental income or lossExcluded from tax $36,741$36,741
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $8,060$8,060
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $46,731$235,991
Part IX · Statement of functional expenses $197,320 across 12 lines filed
IX-4 Benefits paid to or for membersPrograms $1,763$1,763
IX-11a Management feesPrograms $5,056 · Management $0 · Fundraising $0$5,056
IX-11c Accounting feesPrograms $688 · Management $0 · Fundraising $0$688
IX-11g Other fees for servicesPrograms $20,246 · Management $0 · Fundraising $0$20,246
IX-12 Advertising and promotionPrograms $1,181 · Management $0 · Fundraising $0$1,181
IX-13 Office expensesPrograms $6,252 · Management $0 · Fundraising $0$6,252
IX-16 OccupancyPrograms $17,965 · Management $0 · Fundraising $0$17,965
IX-19 Conferences, conventions and meetingsPrograms $20,321 · Management $0 · Fundraising $0$20,321
IX-21 Payments to affiliatesPrograms $113,770 · Management $0 · Fundraising $0$113,770
IX-22 Depreciation, depletion and amortizationPrograms $2,893 · Management $0 · Fundraising $0$2,893
IX-23 InsurancePrograms $3,217 · Management $0 · Fundraising $0$3,217
IX-24 Other expenses (24a–d)Programs $3,968 · Management $0 · Fundraising $0$3,968
IX-25 Total functional expensesPrograms $197,320 · Management $0 · Fundraising $0$197,320
Part X · Balance sheet $297,169 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $63,805$62,070
X-2 Savings and temporary cash investmentsStart of year $37,604$81,864
X-10c Land, buildings and equipment, netStart of year $103,871$100,017
X-12 Other securitiesStart of year $53,218$53,218
X-16 Total assetsStart of year $258,498$297,169
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $258,498$297,169
X-33 Total liabilities and net assetsStart of year $258,498$297,169
Part XI · Reconciliation of net assets $297,169 net assets at year end
XI-1 Total revenue$235,991
XI-2 Total expenses$197,320
XI-3 Revenue less expenses$38,671
XI-4 Net assets at start of year$258,498
XI-10 Net assets at end of year$297,169

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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