ARKANSAS FARM BUREAU FOUNDATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
ARKANSAS FARM BUREAU FOUNDATION (EIN 81-4517307)
Tax period
2018-11-01 to 2019-10-31
Filed
2020-09-14
IRS object ID
202042589349301854
Schema version
2018v3.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-09-14T16:38:57-05:00ReturnTs
Tax Period End2019-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN710355269PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Landmark PLC CPAsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1201 E Markham Suite 500AddressLine1Txt
CityLittle RockCityNm
State AbbreviationARStateAbbreviationCd
ZIP72201ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN814517307EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Arkansas Farm Bureau FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlARKABusinessNameControlTxt
Phone5012244400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 31AddressLine1Txt
CityLittle RockCityNm
State AbbreviationARStateAbbreviationCd
ZIP72203ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMichael D SolomonPersonNm
Person TitleVP Finance & OperationsPersonTitleTxt
Phone5012244400PhoneNum
Signature2020-09-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSherry Chesser CPAPreparerPersonNm
PTINP00174819PTIN
Phone5013752025PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.188.221.99IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-09-14IPDt
IP Tm09:51:33IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id91E7B8A157B88942ED5D83EAED250E89716A2C03AtSubmissionCreationDeviceId
At Submission Filing Device Id9276EE026A5A462EB7DE6D767A77E4684F5E0F69AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMichael D SolomonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 31AddressLine1Txt
CityLittle RockCityNm
State AbbreviationARStateAbbreviationCd
ZIP72203ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$740,821GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.arfb.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateARLegalDomicileStateCd
Activity Or MissionArkansas Farm Bureau Foundation (the "Foundation") is organized for charitable and educational purposes to further the understanding of agricultural and rural issues, and to support the agricultural and rural community through financial support for education, research, litigation, and disaster relief.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers43TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$777,608PYContributionsGrantsAmt
CY Contributions Grants$737,894CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$287PYInvestmentIncomeAmt
CY Investment Income$499CYInvestmentIncomeAmt
PY Other Revenue$7,867PYOtherRevenueAmt
CY Other Revenue-$10,423CYOtherRevenueAmt
PY Total Revenue$785,762PYTotalRevenueAmt
CY Total Revenue$727,970CYTotalRevenueAmt
PY Grants And Similar Paid$290,481PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$283,224CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$248,233PYOtherExpensesAmt
CY Other Expenses$243,848CYOtherExpensesAmt
PY Total Expenses$538,714PYTotalExpensesAmt
CY Total Expenses$527,072CYTotalExpensesAmt
PY Revenues Less Expenses$247,048PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$200,898CYRevenuesLessExpensesAmt
Total Assets BOY$505,417TotalAssetsBOYAmt
Total Assets EOY$724,167TotalAssetsEOYAmt
Total Liabilities BOY$11,577TotalLiabilitiesBOYAmt
Total Liabilities EOY$29,429TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$493,840NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$694,738NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionArkansas Farm Bureau Foundation (the "Foundation") is organized for charitable and educational purposes to further the understanding of agricultural and rural issues, and to support the agricultural and rural community through financial support for education, research, litigation, and disaster relief.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$121,844ExpenseAmt
Grant$30,119GrantAmt
DescAg in the Classroom is a nationally affiliated program to increase agricultural literacy among school children, teachers, and administrators. Ag in the Classroom programs bridge the gap between farm and city by teaching children about farming and food production. The Arkansas Farm Bureau serves as the coordinating agency for Ag in the Classroom in Arkansas.Continued on Schedule O.Ag in the Classroom, Continued:Classroom Materials: Several different classroom materials are available for teachers to use in the classroom. The "Ag Reader" series features commodity specific information and activities on the major crops produced in Arkansas, and they are correlated to the state standards. Other classroom materials are available; including coloring books, an agriculture production map, books and bookmarks.Educational Displays: The Ag in the Classroom program has mobile educational displays available for school programs across the state. Arkansas Farm Bureau staff members conduct educational programs using the displays and the interactive features to teach students about agriculture in Arkansas. Presentations can be made for classrooms, an entire grade or the whole school.The Ag in the Classroom program also offers garden grants for schools, hands on activities and awards for teachers. For more information, please visit our website at www.arfb.com and select "Education".Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$95,198ExpenseAmt
Grant$0GrantAmt
DescLegal Defense - The Foundation contributes to the financial support of precedent-setting litigation that could impact agriculture.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$92,970ExpenseAmt
Grant$92,970GrantAmt
DescFuture Farmers of America - The Arkansas Department of Career Education provides funds to the Foundation for the personnel and administrative support and operation of the Future Farmers of America (FFA) student leadership activities. The nature of this partnership is to support and foster collaborative efforts that promote the FFA Career and Technical Student Organization.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)

ExpenseExpenseAmtGrantGrantAmtDescDesc
$31,844$3,595Farm Family of the Year - Since 1947, the Arkansas Farm Family of the Year Program has served as a vehicle to recognize outstanding farm families throughout the state. The objectives of the Farm Family of the Year program are:- To give recognition and encouragement to farm families who are doing an outstanding job on their farm and in their community.- To gain recognition of the importance of agriculture in the community and state.- To disseminate information on improved farm practices and management.Sponsors for the program are Arkansas Farm Bureau, Electric Cooperatives of Arkansas, Farm Credit Services of Western Arkansas, AgHeritage Farm Credit Services and Farm Credit Midsouth.Program partners are the Arkansas Agriculture Department, Arkansas FFA Assocation, Arkansas Press Association, University of Arkansas Division of Agriculture Cooperative Extension Service, USDA - Farm Service Agency, USDA - Natural Resources Conservation Service, and USDA - Rural Development.
$36,663$24,890Other Program Expenses - To provide charitable and educational assistance to further the understanding of agricultural and rural issues, and to support the agricultural and rural community through financial support for education, research, and litigation.
$60,000$60,000Disaster Relief - The Foundation contributes to organizations that support agriculture and rural communities affected by natural disasters.
$88,553$71,650Medical Applications of Science for Health (M*A*S*H) programs have exposed more than 9,000 Arkansas high school students to health career fields since 1988, when it was first piloted by UAMS in Pine Bluff. Every summer, over 500 11th and 12th grade students participate in one of these two-week camps, which are offered in 30+ communities across Arkansas. Community Health Applied in Medical Public Service (CHAMPS) is a 3-5 day option geared for younger students (8th - 10th grade) in smaller, more rural communities. These programs are very effective in inspiring students toward health careers at a time when they are making college and career plans, with most students coming from rural and/or minority backgrounds. In 2016, 95% stated that after M*A*S*H they were more likely to pursue a health career; 58% more likely to pursue Primary Care, and 54% more likely to practice in a Rural or Medically Underserved Area.M*A*S*H participants explore health careers and interact with diverse health care professionals. They earn Basic First Aid and CPR certification, tour medical facilities, learn healthy lifestyles, and engage in fun hands-on activities that apply classroom science concepts to real-world healthcare fields and scenarios, including lectures, labs, clinical interaction and shadowing. In Arkansas, 60 of our 75 counties are designated as Dental Health Professional Shortage Areas (HPSAs), and 42% of our population lives in rural areas. By participating in a M*A*S*H program in or near their hometown, students from rural areas can observe both available resources and the need for health professionals in their own communities.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$217,060TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$160,135TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$527,072TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Michael SolomonBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5012244400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 31AddressLine1Txt
CityLittle RockCityNm
State AbbreviationARStateAbbreviationCd
ZIP72203ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Randy Veach
President1.0020.00Yes (X)Yes (X)$0$75,000$0
Rich Hillman
Vice President1.0015.00Yes (X)Yes (X)$0$30,850$0
Joe Christian
Secretary/Treasurer1.0010.00Yes (X)Yes (X)$0$16,100$0
Jon Carroll
Director1.005.00Yes (X)$0$16,700$0
Sherry Felts
Director1.005.00Yes (X)$0$9,300$0
Terry Dabbs
Director1.005.00Yes (X)$0$12,650$0
Mike Freeze
Director1.005.00Yes (X)$0$10,750$0
Bruce Jackson
Director1.005.00Yes (X)$0$16,700$0
Gene Pharr
Director1.005.00Yes (X)$0$18,650$0
Tom Jones
Director1.005.00Yes (X)$0$15,000$0
Caleb Plyler
Director1.005.00Yes (X)$0$16,550$0
Terry Laster
Director1.005.00Yes (X)$0$11,100$0
Rusty Smith
Director1.005.00Yes (X)$0$13,200$0
Jeremy Miller
Director1.005.00Yes (X)$0$16,025$0
Joe Thrash
Director1.005.00Yes (X)$0$5,700$0
Dan Wright
Director1.005.00Yes (X)$0$11,550$0
Donna Bemis
Women's Committee Chair1.005.00Yes (X)$0$9,350$0
Magen Allen
Women's Committee Vice Cha1.005.00Yes (X)$0$9,300$0
Adam Cloninger
YF&R Chair1.005.00Yes (X)$0$7,200$0
Dustin Cowell
YF&R Vice-Chair0.005.00Yes (X)$0$0$0
Warren Carter
Executive Vice President1.0015.00Yes (X)$0$277,839$335,287
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$599,514TotReportableCompRltdOrgAmt
Total Other Compensation$335,287TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$12,628FundraisingAmt
Related Organizations$485,150RelatedOrganizationsAmt
All Other Contributions$240,116AllOtherContributionsAmt
Total Contributions$737,894TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$499TotalRevenueColumnAmt
Exclusion$499ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$2,428FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$12,628ContriRptFundraisingEventAmt
Fundraising Direct Expenses$12,851FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$10,423TotalRevenueColumnAmt
Exclusion-$10,423ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$727,970TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$9,924ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$191,455TotalAmt
Program Services$191,455ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$91,769TotalAmt
Program Services$91,769ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$95,198TotalAmt
Program Services$95,198ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$874TotalAmt
Program Services$874ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$70,431TotalAmt
Program Services$70,431ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$12,063TotalAmt
Program Services$12,063ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$46,321TotalAmt
Program Services$46,321ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$450TotalAmt
Program Services$450ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescEvents ExpenseDesc
Total$18,511TotalAmt
Program Services$18,511ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$527,072TotalAmt
Program Services$527,072ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$505,417BOYAmt
EOY$716,372EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$7,795EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$505,417BOYAmt
EOY$724,167EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$11,577BOYAmt
EOY$29,429EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,577BOYAmt
EOY$29,429EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$451,604BOYAmt
EOY$609,799EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$42,236BOYAmt
EOY$84,939EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$493,840BOYAmt
EOY$694,738EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$505,417BOYAmt
EOY$724,167EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$200,898ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$540,643CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$777,608CurrentTaxYearMinus1YearAmt
Current Tax Year$737,894CurrentTaxYearAmt
Total$2,056,145TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$540,643CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$777,608CurrentTaxYearMinus1YearAmt
Current Tax Year$737,894CurrentTaxYearAmt
Total$2,056,145TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,275,718SubstantialContributorsTotAmt
Public Support Total170$780,427PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$133CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$287CurrentTaxYearMinus1YearAmt
Current Tax Year$499CurrentTaxYearAmt
Total$919TotalAmt
FieldValueIRS element (for citing)
Total Support$2,057,064TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$740,821TotalRevEtcAuditedFinclStmtAmt
Other Revenue$12,851OtherRevenueAmt
Revenue Not Reported$12,851RevenueNotReportedAmt
Revenue Subtotal$727,970RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$727,970TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$539,923TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$12,851OtherExpensesIncludedAmt
Expenses Not Reported$12,851ExpensesNotReportedAmt
Expenses Subtotal$527,072ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$527,072TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, Line 2:The Foundation has received a determination letter indicating that it is exempt from federal and state income taxes pursuant to Internal Revenue Code (IRC) Section 501(c)(3). Accounting standards require the Foundation to evaluate tax positions and recognize a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would be unsustainable upon examination by the Internal Revenue Service. The Foundation has analyzed the tax positions taken and has concluded that as of October 31, 2019 and 2018, there are no uncertain positions taken or expected to be taken that would require the recognition of a liability (or asset) or disclosure in the financial statements. The Foundation is subject to audit by the Internal Revenue Service; however there are currently no audits for any tax periods in progress.
Part XI, Line 2d - Other Adjustments:Special Event Expenses 12,851.
Part XII, Line 2d - Other Adjustments:Special Event Expenses 12,851.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Trap ShootEvent1Nm
Gross Receipts Event1$14,878GrossReceiptsEvent1Amt
Charitable Contri Event1$12,628CharitableContriEvent1Amt
Gross Revenue Event1$2,250GrossRevenueEvent1Amt
Cash Prizes Event1$100CashPrizesEvent1Amt
Non Cash Prizes Event1$3,794NonCashPrizesEvent1Amt
Rent Facility Costs Event1$1,098RentFacilityCostsEvent1Amt
Food And Beverage Event1$2,484FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$5,375OtherDirectExpensesEvent1Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$178GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$0CharitableContriOtherEventsAmt
Gross Revenue Other Events$178GrossRevenueOtherEventsAmt
Gross Receipts Total$15,056GrossReceiptsTotalAmt
Charitable Contributions Tot$12,628CharitableContributionsTotAmt
Gross Revenue Total Events$2,428GrossRevenueTotalEventsAmt
Cash Prizes Total Events$100CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$3,794NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$1,098RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$2,484FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$5,375OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$12,851DirectExpenseSummaryEventsAmt
Net Income Summary-$10,423NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Araknsas FFA Foundation
301 Catherine Park RdHot SpringsAR71913237079719501(c)(3)$92,970FFA Career Education Funds
Four States Fair Association
3700 East 50th StTexarkanaAR71854750939932501(c)(3)$5,000Four States Ag Learning Center
Missouri Farm Bureau Foundation for Ag
PO Box 658Jeffereson CityMO65102481756568501(c)(3)$5,000Disaster Relief for Missouri Farm Bureau
National Ag in the Classroom Organization
19 River Oaks WayPalm CoastFL32137311649895501(c)(3)$5,000National Ag in the Classroom Scholarship
National Ag in the Classroom Organization
19 River Oaks WayPalm CoastFL32137311649895501(c)(3)$10,000Arkansas Corn & Grain Bd - National Ag in the Classroom Sponsorship
Old State House Museum
300 West MarkhamLittle RockAR72201710546082501(c)(3)$5,000State Fair Exhibit Project
American Red Cross of Arkansas
401 South Monroe StLittle RockAR72205530196605501(c)(3)$50,0002019 Arkansas Flood Relief Efforts
Lonoke County Farm Bureau
PO Box 920LonokeAR72086710239410501(c)(3)$5,000Women's Leadership Committee - Virtual Reality Ag Tour Project
FieldValueIRS element (for citing)
Total501c3 Org8Total501c3OrgCnt
Total Other Org8TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
Ag in the Classroom Grants38$20,119
Medical Applications of Science for Health Grants562$71,650

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationGrant recipients are required to provide a report of how the grant funds were spent and track quantifiable measures of how many people were reached by the program the grant funded. The Foundation stipulates the related report date and requires the recipient to allow access to financial records to verify grant expenditures and activites.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonWarren CarterPersonNm
TitleExecutive Vice PresidentTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$268,137CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$9,702OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$320,418DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$14,869NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$613,126TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe Form 990 is forwarded to the audit committee as well as the Arkansas Farm Bureau Federation's President, Executive Vice-President, and Vice President, Finance and Operations prior to filing the Arkansas Farm Bureau Federation's Vice President, Finance and Operations will review and sign the return.
Form 990, Part VI, Section B, line 12cThe policy is reviewed annually with the board and legal counsel and signed annually.
Form 990, Part VI, Section B, line 15The Foundation does not pay any compensation. The compensation reflected in Part VII as paid from related organizations is determined by a compensation committee of the related organization who engages Longnecker & Associates and uses a salary administration plan designed by them. All salaries fall within the designated ranges of the plan, are approved by the compensation committee and referred to the full Board of Directors for approval.
Form 990, Part VI, Section C, line 19Documents and policies are available upon request.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
Arkansas Farm Bureau Scholarship Foundation
PO Box 31Little RockAR72203710888051Awarding scholarshipsAR501(c)(3)PFArkansas Farm Bureau Federation0
Arkansas Farm Bureau Federation
PO Box 31Little RockAR72203710242776Agricultural advocacy and information sharingAR501(c)(5)0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
Farm Bureau Building Inc
PO Box 31Little RockAR72203716055307RentalARArkansas Farm Bureau FederationC0
Arkansas Farm Bureau Investment Corporation
PO Box 31Little RockAR72203716050687InvestmentsARArkansas Farm Bureau FederationC0
Arkansas Casualty Investment Corporation
PO Box 31Little RockAR72203716050686InvestmentsARArkansas Farm Bureau FederationC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Arkansas Farm Bureau Investment Co
C$100,000Actual
Arkansas Farm Bureau Federation
C$385,000Actual

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