Covington County Farm Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 52,368 | 47,837 | 4,531 | 190.6 | 7% |
| 2013 | 48,690 | 53,977 | −5,287 | 167.8 | 6% |
| 2014 | 47,774 | 47,356 | 418 | 191.3 | 7% |
| 2015 | 47,014 | 51,637 | −4,623 | 174.4 | 6% |
| 2016 | 48,023 | 51,678 | −3,655 | 173.4 | 6% |
| 2017 | 45,502 | 60,180 | −14,678 | 146.0 | 5% |
| 2018 | 45,599 | 46,542 | −943 | 188.5 | 7% |
| 2019 | 49,429 | 43,024 | 6,405 | 205.7 | 7% |
| 2020 | 61,672 | 42,009 | 19,663 | 216.3 | 10% |
| 2021 | 55,742 | 20,569 | 35,173 | 462.2 | 19% |
| 2022 | 45,960 | 42,154 | 3,806 | 226.6 | 9% |
| 2023 | 51,747 | 26,874 | 24,873 | 366.6 | 15% |
| 2024 | 69,164 | 42,127 | 27,037 | 241.6 | 9% |
In its most recent public year (2024), this organization brought in $27,037 more than it spent. Its reserves stood at about 241.6 months of spending, up from 190.6 in 2012. Staff pay was 9% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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