ARKANSAS FARM BUREAU FOUNDATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ARKANSAS FARM BUREAU FOUNDATION (EIN 81-4517307)
- Tax period
- 2017-11-01 to 2018-10-31
- Filed
- 2019-09-15
- IRS object ID
- 201932589349300013
- Schema version
- 2017v2.3
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-09-15T19:11:46-05:00 | ReturnTs |
| Tax Period End | 2018-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 710355269 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Landmark PLC CPAs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 E Markham Suite 500 | AddressLine1Txt |
| City | Little Rock | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 814517307 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Arkansas Farm Bureau Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARKA | BusinessNameControlTxt |
| Phone | 5012244400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 31 | AddressLine1Txt |
| City | Little Rock | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72203 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael D Solomon | PersonNm |
| Person Title | VP Finance & Operations | PersonTitleTxt |
| Phone | 5012244400 | PhoneNum |
| Signature | 2019-09-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sherry Chesser CPA | PreparerPersonNm |
| PTIN | P00174819 | PTIN |
| Phone | 5013752025 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 40.133.38.90 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-09-15 | IPDt |
| IP Tm | 19:11:31 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 82B2A4CD38771E64C718964FF8EEAE00BFB879BF | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 91E7B8A157B88942ED5D83EAED250E89716A2C03 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Michael D Solomon | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 31 | AddressLine1Txt |
| City | Little Rock | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $793,671 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.arfb.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2016 | FormationYr |
| Legal Domicile State | AR | LegalDomicileStateCd |
| Activity Or Mission | Arkansas 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 Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 42 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $540,643 | PYContributionsGrantsAmt |
| CY Contributions Grants | $777,608 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $133 | PYInvestmentIncomeAmt |
| CY Investment Income | $287 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $7,867 | CYOtherRevenueAmt |
| PY Total Revenue | $540,776 | PYTotalRevenueAmt |
| CY Total Revenue | $785,762 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $293,019 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $290,481 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,064 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $965 | PYOtherExpensesAmt |
| CY Other Expenses | $248,233 | CYOtherExpensesAmt |
| PY Total Expenses | $293,984 | PYTotalExpensesAmt |
| CY Total Expenses | $538,714 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $246,792 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $247,048 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $251,049 | TotalAssetsBOYAmt |
| Total Assets EOY | $505,417 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,257 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $11,577 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $246,792 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $493,840 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Arkansas 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 Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $143,459 | ExpenseAmt |
| Grant | $64,081 | GrantAmt |
| Desc | Ag 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $116,385 | ExpenseAmt |
| Desc | Legal expenses - The Foundation contributes to the financial support of precedent-setting litigation that could impact agriculture. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $93,289 | ExpenseAmt |
| Grant | $93,250 | GrantAmt |
| Desc | Medical 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. Continued on Schedule O.M*A*S*H, Continued: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. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)
| ExpenseExpenseAmt | DescDesc | GrantGrantAmt |
|---|---|---|
| $32,007 | Farm 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. | |
| $35,200 | General Contributions - The Foundation financially supports agriculture and rural communities by funding education, research, litigation, and disaster relief efforts. | $35,200 |
| $103,383 | Other 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. | $87,950 |
| $10,000 | Disaster Relief - The Foundation contributes to organizations that support agriculture and rural communities affected by natural disasters. | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $180,590 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $133,150 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $533,723 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michael Solomon | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5012244400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 31 | AddressLine1Txt |
| City | Little Rock | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72203 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Randy Veach | |||||||
| President | 0.00 | 20.00 | Yes (X) | Yes (X) | $0 | $79,741 | $0 |
| Rich Hillman | |||||||
| Vice President | 0.00 | 15.00 | Yes (X) | Yes (X) | $0 | $25,599 | $0 |
| Joe Christian | |||||||
| Secretary/Treasurer | 0.00 | 10.00 | Yes (X) | Yes (X) | $0 | $21,300 | $0 |
| Jon Carroll | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $16,389 | $0 | |
| Sherry Felts | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $13,647 | $0 | |
| Terry Dabbs | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $12,900 | $0 | |
| Mike Freeze | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $13,035 | $0 | |
| Bruce Jackson | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $15,678 | $0 | |
| Gene Pharr | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $19,100 | $0 | |
| Tom Jones | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $18,834 | $0 | |
| Caleb Plyler | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $19,650 | $0 | |
| Terry Laster | |||||||
| Director, Incoming | 0.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Rusty Smith | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $15,705 | $0 | |
| Jeremy Miller | |||||||
| Director, Incoming | 0.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Joe Thrash | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $14,279 | $0 | |
| Dan Wright | |||||||
| Director | 0.00 | 5.00 | Yes (X) | $0 | $13,992 | $0 | |
| Troy Buck | |||||||
| Director, Outgoing | 0.00 | 5.00 | Yes (X) | $0 | $8,600 | $0 | |
| Leo Sutterfield | |||||||
| Director, Outgoing | 0.00 | 5.00 | Yes (X) | $0 | $8,100 | $0 | |
| Pegge Miller | |||||||
| Women's Committee Chair | 0.00 | 5.00 | Yes (X) | $0 | $5,160 | $0 | |
| Donna Bemis | |||||||
| Women's Committee Vice Chair, Outgoing | 0.00 | 5.00 | Yes (X) | $0 | $9,080 | $0 | |
| Trent Dabbs | |||||||
| Former YF&R Chair | 0.00 | 5.00 | Yes (X) | $0 | $1,200 | $0 | |
| Mark Morgan | |||||||
| YF&R Chair | 0.00 | 5.00 | Yes (X) | $0 | $9,650 | $0 | |
| Chase Groves | |||||||
| YF&R Vice Chair, Outgoing | 0.00 | 5.00 | Yes (X) | $0 | $10,800 | $0 | |
| Magen Allen | |||||||
| Women's Committee Vice Chair, Incoming | 0.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Adam Cloninger | |||||||
| YF&R Vice Chair, Incoming | 0.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $352,439 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Friday Eldredge & Clark LLP | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 W Capitol Ave | AddressLine1Txt |
| City | Little Rock | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Legal Services | ServicesDesc |
| Compensation | $101,385 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $4,500 | FundraisingAmt |
| Related Organizations | $525,000 | RelatedOrganizationsAmt |
| All Other Contributions | $248,108 | AllOtherContributionsAmt |
| Total Contributions | $777,608 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $287 | TotalRevenueColumnAmt |
| Exclusion | $287 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $15,776 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $4,500 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $7,909 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,867 | TotalRevenueColumnAmt |
| Exclusion | $7,867 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $785,762 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,154 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,150 | TotalAmt |
| Program Services | $133,150 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,331 | TotalAmt |
| Program Services | $157,331 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,385 | TotalAmt |
| Program Services | $116,385 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,639 | TotalAmt |
| Program Services | $36,639 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,100 | TotalAmt |
| Program Services | $32,109 | ProgramServicesAmt |
| Management And General | $1,927 | ManagementAndGeneralAmt |
| Fundraising | $3,064 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,761 | TotalAmt |
| Program Services | $5,761 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,061 | TotalAmt |
| Program Services | $34,061 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450 | TotalAmt |
| Program Services | $450 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Events Expense | $16,662 | $16,662 |
| Repairs & Maintenance | $1,175 | $1,175 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $538,714 | TotalAmt |
| Program Services | $533,723 | ProgramServicesAmt |
| Management And General | $1,927 | ManagementAndGeneralAmt |
| Fundraising | $3,064 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $246,250 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $505,417 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,799 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,049 | BOYAmt |
| EOY | $505,417 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,257 | BOYAmt |
| EOY | $11,577 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,257 | BOYAmt |
| EOY | $11,577 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $218,986 | BOYAmt |
| EOY | $451,604 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,806 | BOYAmt |
| EOY | $42,236 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $246,792 | BOYAmt |
| EOY | $493,840 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,049 | BOYAmt |
| EOY | $505,417 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $247,048 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $540,643 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $777,608 | CurrentTaxYearAmt |
| Total | $1,318,251 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $540,643 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $777,608 | CurrentTaxYearAmt |
| Total | $1,318,251 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $820,254 | SubstantialContributorsTotAmt |
| Public Support Total170 | $497,997 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $133 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $287 | CurrentTaxYearAmt |
| Total | $420 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,318,671 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $793,671 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $7,909 | OtherRevenueAmt |
| Revenue Not Reported | $7,909 | RevenueNotReportedAmt |
| Revenue Subtotal | $785,762 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $785,762 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $546,623 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $7,909 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $7,909 | ExpensesNotReportedAmt |
| Expenses Subtotal | $538,714 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $538,714 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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, 2018 and 2017, 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 7,909. |
| Part XII, Line 2d - Other Adjustments: | Special Event Expenses 7,909. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Trap Shoot | Event1Nm |
| Gross Receipts Event1 | $9,776 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $4,500 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $5,276 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $1,366 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $615 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $1,331 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $709 | OtherDirectExpensesEvent1Amt |
| Event2 | Hog Show | Event2Nm |
| Gross Receipts Event2 | $10,500 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $10,500 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $1,500 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $199 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $1,000 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $1,189 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $20,276 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $4,500 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $15,776 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $1,500 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $1,565 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $1,615 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,331 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $1,898 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $7,909 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $7,867 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Araknsas FFA Foundation | |||||||
| 301 Catherine Park Rd | Hot Springs | AR | 71913 | 237079719 | 501(c)(3) | $91,780 | FFA Career Education Funds |
| Arkansas FFA Association | |||||||
| 301 Catherine Park Rd | Hot Springs | AR | 71913 | 716043451 | 501(c)(3) | $10,000 | FFA Ag in Action Education Center |
| Four States Fair Association | |||||||
| 3700 East 50th St | Texarkana | AR | 71854 | 750939932 | 501(c)(3) | $10,000 | Four States Ag Leraning Center |
| North Carolina Farm Bureau Foundation Inc | |||||||
| PO Box 27766 | Raleigh | NC | 276117766 | 560340590 | 501(c)(3) | $10,000 | Hurricane Florence Relief Fund |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 4 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|
| Ag in the Classroom Grants | 133 | $64,081 | Cash |
| Medical Applications of Science for Health Grants | 547 | $93,250 | Cash |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Grant 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 O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | The 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 12c | The policy is reviewed annually with the board and legal counsel and signed annually. |
| Form 990, Part VI, Section B, line 15 | The 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 19 | Documents and policies are available upon request. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Arkansas Farm Bureau Scholarship Foundation | ||||||||||
| PO Box 31 | Little Rock | AR | 72203 | 710888051 | Awarding scholarships | AR | 501(c)(3) | PF | Arkansas Farm Bureau Federation | 0 |
| Arkansas Farm Bureau Federation | ||||||||||
| PO Box 31 | Little Rock | AR | 72203 | 710242776 | Agricultural advocacy and information sharing | AR | 501(c)(5) | 0 | ||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| Farm Bureau Building Inc | |||||||||
| PO Box 31 | Little Rock | AR | 72203 | 716055307 | Rental | AR | Arkansas Farm Bureau Federation | C | 0 |
| Arkansas Farm Bureau Investment Corporation | |||||||||
| PO Box 31 | Little Rock | AR | 72203 | 716050687 | Investments | AR | Arkansas Farm Bureau Federation | C | 0 |
| Arkansas Casualty Investment Corporation | |||||||||
| PO Box 31 | Little Rock | AR | 72203 | 716050686 | Investments | AR | Arkansas Farm Bureau Federation | C | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Arkansas Farm Bureau Investment Co | ||
| C | $100,000 | Actual |
| Arkansas Farm Bureau Federation | ||
| C | $420,000 | Actual |
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