Smith County Farm Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 437,955 | 396,675 | 41,280 | 14.0 | 37% |
| 2020 | 479,248 | 381,529 | 97,719 | 17.6 | 40% |
| 2021 | 499,722 | 422,083 | 77,639 | 18.1 | 40% |
| 2022 | 463,907 | 375,272 | 88,635 | 23.2 | 34% |
| 2023 | 554,695 | 468,833 | 85,862 | 20.8 | 37% |
In its most recent public year (2023), this organization brought in $85,862 more than it spent. Its reserves stood at about 20.8 months of spending, up from 14 in 2019. Staff pay was 37% 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 2023. 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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