Sharp County Farm Bureau FY2023 filing

Ash Flat, AR · Mutual-benefit / member-serving

! Not tax-deductible Latest data FY2023
Revenue
$211K
▲ +11% vs prior year
Spent
$177K
Net assets
$247K
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending October 2023 (IRS tax year 2022).

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
Not on file
Size and trend
$100K–1M
↑ +11% vs prior year
Legal name (IRS)Hdr · item CSharp County Farm Bureau
EINHdr · item D71-6060093
Exempt statusHdr · item I501(c)(5) · active
Ruling yearIRS BMFNov 1967
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CAsh Flat, AR
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.arfb.com/sharp

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$211K
FY2023▲ +11%
Expenses
$177K
FY2023
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$262K
FY2023
Total liabilities
$16K
FY2023
Revenue less expensesPt I · Ln 19$34K
Total assetsPt X · Ln 16$262K
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Balance Sheet

Part X · end of year
CashLn 1$214K
Total assetsLn 16$262K
Total liabilitiesLn 26$16K
Total net assetsLn 32$247K
Months of cash on handcomputed14.5

Statement of Revenue

Part VIII
Other revenue$157K · 74%
Program service revenue$52K · 24%
Investment income$3K · 1%
Other revenue74%$157K
Program service revenue24%$52K
Investment income1%$3K
Total revenueLn 12$211K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $214K · Operating expenses/yr $177K
14.5 months
Where the money goes
Program services
Program services — · Total expenses $177K
—
Management & General
Management & general — · Total expenses $177K
—
Fundraising
Fundraising — · Total expenses $177K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $211K
0%
Government reliance
Government grants — · Total revenue $211K
—
Earned-income share
Program service revenue $52K · Total revenue $211K
24%
Investment reliance
Investment income $3K · Total revenue $211K
+1%
Program self-sufficiency
Program service revenue $52K · Total expenses $177K
29%
Growth & trend
Revenue growth (YoY)
This year $211K · Prior year $190K
+11%
Net-asset trend (YoY)
End of year $247K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $211K · Expenses $177K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $262K
—
Net-asset ratio
Net assets $247K · Total assets $262K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $262K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ken Billiot · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $177K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $125K · Total expenses $177K
70%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 11%——
Accounting fee ratio 0.3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Sharp County Farm Bureau executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Mission and programs

Sharp County Farm Bureau is a member-serving organization based in Ash Flat, AR.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2022.
01

County farm bureau work is general in nature, helping farm families achieve educational improvements, economic opportunity, and social advancement

Pt IX · col B

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Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $249K$233K+7% 990 PDF
FY2024 $232K$192K+10% 990 PDF
FY2023 Viewing $211K$177K+11% 990 PDF
FY2022 $190K—+7% 990 PDF
FY2021 $177K—+8% 990 PDF
FY2020 $164K— 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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