Mississippi Farm Bureau Foundation & Relief Fund Inc

Address
6311 Ridgewood Rd Room W 239
Jackson, MS 39211
Contact
Phone: +1 (601) 957-3200
Nonprofit
NTEE: K28 - Farm Bureau, Grange
EIN: 20-8612993

Mission

The organizations mission is to provide funds for research and education in agriculture in the state of Mississippi.
 201620152014
Basic features of the organization
Year of formation2007
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area3560
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00$0.00$0.00
Number of employees000
Number of volunteers100100100
Personnel
Beckham, Hugh
TitleDirector  
Name of key/compensated personHugh Beckham  
Average hours per week working for org001.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Bloodworth, Kent
TitleSecretarySecretary 
Name of key/compensated personKent BloodworthKent Bloodworth 
Average hours per week working for org001.00001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionOfficerOfficer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Davis, William
TitleTreasurerTreasurerTreasurer
Name of key/compensated personWilliam DavisWilliam DavisWilliam Davis
Average hours per week working for org002.00002.00002.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionOfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Hensarling, van
TitleDirectorDirectorDirector
Name of key/compensated personVan HensarlingVan HensarlingVan Hensarling
Average hours per week working for org001.00001.00001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Knight, Randy
Title  President
Name of key/compensated person  Randy Knight
Average hours per week working for org  002.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Magee, Reggie
TitleVice-PresidentVice-PresidentVice-President
Name of key/compensated personReggie MageeReggie MageeReggie Magee
Average hours per week working for org001.00001.00001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
McCormick, Mike
TitlePresidentPresident 
Name of key/compensated personMike McCormickMike McCormick 
Average hours per week working for org002.00002.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Pannell, Mike
TitleDirectorDirectorDirector
Name of key/compensated personMike PannellMike PannellMike Pannell
Average hours per week working for org001.00001.00001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Sumrall, Ilene
Title  Secretary
Name of key/compensated person  Ilene Sumrall
Average hours per week working for org  001.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Officer
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesTo provide funds for education and research in agriculture.To provide funds for education and research in agriculture.To provide funds for education and research in agriculture.
Program expenses (total) $553,451.00$540,787.00
Programs, including revenue & expenses
Ag Image Campaign-An advertising campaign designed to inform consumers of the importance of agriculture to the economy of the state of Mississippi. The campaign also emphasizes the affordability of food and fiber thanks to the efforts of Mississippi farmers. The campaign also emphasizes the stewardship of the land by farmers who use best practices in agriculture.
Program expenses $519,451.00$501,566.00
Program descriptionAg Image Campaign-An advertising campaign designed to inform consumers of the importance of agriculture to the economy of the state of Mississippi. The campaign also emphasizes the affordability of food and fiber thanks to the efforts of Mississippi farmers. The campaign also emphasizes the stewardship of the land by farmers who use best practices in agriculture.Ag Image Campaign-An advertising campaign designed to inform consumers of the importance of agriculture to the economy of the state of Mississippi. The campaign also emphasizes the affordability of food and fiber thanks to the efforts of Mississippi farmers. The campaign also emphasizes the stewardship of the land by farmers who use best practices in agriculture.Ag Image Campaign-An advertising campaign designed to inform consumers of the importance of agriculture to the economy of the state of Mississippi. The campaign also emphasizes the affordability of food and fiber thanks to the efforts of Mississippi farmers. The campaign also emphasizes the stewardship of the land by farmers who use best practices in agriculture.
Dixie National Sale of Junior Champions-The Foundation buys winners from the Dixie National Sale of Junior Champions in support of youth agriculture activities.
Program expenses $34,000.00$39,221.00
Program description Dixie National Sale of Junior Champions-The Foundation buys winners from the Dixie National Sale of Junior Champions in support of youth agriculture activities.Dixie National Sale of Junior Champions-The Foundation buys winners from the Dixie National Sale of Junior Champions in support of youth agriculture activities.
Financial data
Expense categories (totals)
Sum (total functional expenses)$587,333.00$563,576.00$546,118.00
Program services (total functional expenses)$580,151.00$553,451.00$540,787.00
Management & general (total functional expenses)$7,182.00$10,125.00$5,331.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$520,311.00$701,890.00$608,021.00
Program service revenue (total) $0.00$0.00
Revenue from contributions (total)$518,927.00$700,506.00$606,187.00
Investment income$1,384.00$1,384.00$1,834.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00
Total revenue from grants, etc., current yr$518,927.00$700,506.00$606,187.00
Gross receipts$520,311.00$701,890.00$608,021.00
Sources of contributions
Revenue from all other contributions$518,927.00$700,506.00$606,187.00
Other types of revenue
Income from dividends, interest, and similar investments$1,384.00$1,384.00$1,834.00
Net rental income $0.00$0.00
Fees for services
Lobbying fees (total)$0.00$0.00$0.00
Legal fees (total)$0.00$0.00$168.00
Fundraising service fees (total)$0.00$0.00$0.00
General management fees (total)$0.00$0.00$0.00
Investment management fees (total)$0.00$0.00$0.00
Accounting service fees (total)$5,000.00$9,300.00$4,500.00
Assets and liabilities
Total assets$2,595,519.00$2,635,161.00$2,507,208.00
Total assets, beginning of year$2,635,161.00$2,507,208.00$2,133,267.00
Total liabilities$2,274,343.00$2,246,963.00$2,257,324.00
Total liabilities, beginning of year$2,246,963.00$2,257,324.00$1,945,286.00
Temporarily restricted net assets$339,339.00$404,933.00$256,768.00
Net assets$321,176.00$388,198.00$249,884.00
Net assets, beginning of year$388,198.00$249,884.00$187,981.00
Cash: non-interest bearing$814,052.00$958,426.00$244,860.00
Cash: non-interest bearing, beginning of year$958,426.00$244,860.00$197,797.00
Other financial variables
Revenue less expenses-$67,022.00$138,314.00$61,903.00
Advertising (total)$0.00$0.00$0.00
Savings & temp cash investment$1,549,387.00$1,518,981.00$1,976,824.00
Accounts receivable, net$183,157.00$91,487.00$285,524.00
Accounts payable & accrued expenses$2,274,343.00$2,246,963.00$2,257,324.00
Total net assets or fund balances$321,176.00$388,198.00$249,884.00
Depreciation, depletion, amortization$0.00$0.00$0.00
Payment to affiliates$0.00$0.00$0.00
Governance and accountability
Number of voting members555
Number of independent voting members555
Financial sheets auditedTrueTrueTrue
Tax year start date2015-11-012014-11-012013-11-01
Tax year end date2016-10-312015-10-312014-10-31
Accounting methodAccrualAccrualAccrual
Metadata about the filing
E-return type990990990
Reason for form submission
First filing True 
Date e-filing submitted2017-08-142016-08-052015-05-27
IRS schema version2015v3.02014v6.02013v4.0
Filing identifier201740749349300314201601379349307300201531139349300533
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