ARKANSAS FARM BUREAU FEDERATION Charity Report

Public IRS 990 nonprofit record

ARKANSAS FARM BUREAU FEDERATION

EIN 71-0242776 · Education (B)

What they do

FARM BUREAU is AN INDEPENDENT, VOLUNTARY ORGANIZATION of FARM and RANCH FAMILIES UNITED for THE PURPOSE of ANALYZING THEIR PROBLEMS and FORMULATING ACTION to ACHIEVE EDUCATIONAL IMPROVEMENT, ECONOMIC OPPORTUNITY, SOCIAL ADVANCEMENT and PROMOTE THE NATIONAL WELL-BEING. FARM BUREAU is NONPARTISON, NONSECTARIAN, NONGOVERNMENTAL and NONSECRET IN CHARACTER. FARM BUREAU STRIVES to BE THE VOICE of AGRICULTURAL PRODUCERS AT ALL LEVELS.THE MISSION of FARM BUREAU is TO:1. ADVOCATE THE INTERESTS of AGRICULTURE IN THE PUBLIC ARENA;2. DISSEMINATE INFORMATION CONCERNING THE VALUE and IMPORTANCE of AGRICULTURE; AND3. PROVIDE PRODUCTS and SERVICES WHICH IMPROVE THE QUALITY of LIVES of OUR MEMBERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.07%of revenue went to mission work100.0% of expenses · Program services

$94.74spent for every $100 of revenueRevenue covered expenses this year.

$4.40in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $347,338 for JARROD YATES (EXECUTIVE VICE PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$16,330,889

Mission workProgram services$12,096,03874.07% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$4,234,85125.93% of revenueShown in gray on the chart

Total expenses$12,096,03874.07% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2017CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 74.07% of revenue

2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 109.19% of revenue

Money in and money out

Revenue$18,174,824

Expenses$17,218,877

Annual surplus $955,947 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,096,038 · 70.2% of expenses

See all reported dollar amounts

Revenue$18,174,824

Expenses$17,218,877

Assets$75,845,923

Income$19,698,195

Contributions$19,980

Mission work (program services)$12,096,038

Grants given$2,565,226

Average grant$61,077

Stocks and bonds$54,777,452

Accounting fees$152,065

Investing fees$128,417

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JARROD YATESEXECUTIVE VICE PRESIDENT · 40 hrs/week $347,338Base $212,707 · Other $134,631

MATT KINGSENIOR VP, ADMIN AND ADVOCACY · 40 hrs/week $328,609Base $257,374 · Other $71,235

STEVE EDDINGTONVP, PUBLIC RELATIONS · 40 hrs/week $320,784Base $215,661 · Other $105,123

STANLEY HILLVP, PUBLIC AFFAIRS & GOVERNMENT RELATIONS · 40 hrs/week $267,469Base $179,564 · Other $87,905

JUSTIN REYNOLDSVP, ORG, & MEMBER PROGRAMS · 40 hrs/week $222,619Base $161,666 · Other $60,953

EVAN TEAGUEVP, ENVIRONMENTAL ISSUES · 40 hrs/week $219,440Base $171,864 · Other $47,576

LEIGH PRUSSVP, FINANCE · 40 hrs/week $199,298Base $153,233 · Other $46,065

JOHN BAILEYVP, COMMODITY & REGULATORY AFFAIRS · 40 hrs/week $194,632Base $155,943 · Other $38,689

JEREMY WESSONDIRECTOR, ORG. & MEMBER PROGRAMS · 40 hrs/week $176,950Base $129,439 · Other $47,511

DON MICKELRETIRED DIRECTOR, IT/SYSTEMS ENGINEER · 40 hrs/week $172,605Base $144,364 · Other $28,241

RICH HILLMANOUTGOING PRESIDENT · 25 hrs/week $164,279

BRYAN PISTOLEDIRECTOR, PUBLIC RELATIONS · 40 hrs/week $157,091Base $119,347 · Other $37,744

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

JARROD YATESEXECUTIVE VICE PRESIDENT

MATT KINGSENIOR VP, ADMIN AND ADVOCACY

STEVE EDDINGTONVP, PUBLIC RELATIONS

STANLEY HILLVP, PUBLIC AFFAIRS & GOVERNMENT RELATIONS

JUSTIN REYNOLDSVP, ORG, & MEMBER PROGRAMS

EVAN TEAGUEVP, ENVIRONMENTAL ISSUES

LEIGH PRUSSVP, FINANCE

JOHN BAILEYVP, COMMODITY & REGULATORY AFFAIRS

JEREMY WESSONDIRECTOR, ORG. & MEMBER PROGRAMS

DON MICKELRETIRED DIRECTOR, IT/SYSTEMS ENGINEER

RICH HILLMANOUTGOING PRESIDENT

BRYAN PISTOLEDIRECTOR, PUBLIC RELATIONS

MIKE SOLOMONRETIRED VP, FINANCE & OPERATIONS

KAREN WOODCORPORATE SECRETARY

BRANDY CARROLLDIRECTOR, COMMODITY & MARKET INFORMATION

JEREMY MILLERDISTRICT DIRECTOR, ORGANIZATION AND MEMBER PROGRAM

MIKE FREEZEVICE PRESIDENT

JASON HENSONDIRECTOR

JACK EVANSDIRECTOR

MEGAN ALLENDIRECTOR

CALEB PLYLERDIRECTOR

CHASE GROVESDIRECTOR

DAN WRIGHTINCOMING PRESIDENT

TERRY DABBSINCOMING SECRETARY/PRESIDENT

JOE THRASHDIRECTOR

NITA COOPERWOMENS LEADERSHIP COMM VICE CHAIR

JON CARROLLDIRECTOR

SHERRY FELTSDIRECTOR

TERRY LASTERDIRECTOR

MONICA PASKEWITZYF&R VICE CHAIR

BOB SHOFNERDIRECTOR

BRAD PEACOCKYF&R VICE CHAIR

KERRIGAN STILESWOMENS COMMITTEE VICE CHAIR

DANA STEWARTDIRECTOR

About this charity

Recognized since: January 1939
Location: PO BOX 31, LITTLE ROCK, AR 72203-0031
County: Pulaski
In care of: % RENEE COOPER
Primary officer: LEIGH PRUSS, VP OF FINANCE

How to reach them

WebsiteVisit the charity’s website Phone(501) 224-4400

Filing and classification

Latest tax year: 2023
Tax period began: November 1, 2023
Return type: 990
Tax preparer: LANDMARK PLC CPAS
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes