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Nonprofit · EIN 58-0501406

FARMERS FIRE INS CO OF MORGAN COUNTY

Tax-exempt · MADISON, GA 30650

Financials

$69K$61K2023$60K$58K2024
Revenue Expenses · by fiscal year end
Financials of FARMERS FIRE INS CO OF MORGAN COUNTY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$59,554$58,291$1,263$723,480$26,698$696,782
December 31, 2023990$69,140$61,183$7,957$719,174$23,655$695,519
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$28,892
Investment income
$30,662
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$18,491
Compensation of officers, directors and key employees
$16,145
Salaries, compensation and benefits (total)
$16,201
Professional fundraising fees
$0
Accounting fees
$8,675
Occupancy
$4,800
Travel
$4,800
Program services (functional)
$38,966
Management and general (functional)
$19,325

Balance sheet and other

Total assets, start of year
$719,174
Total assets, end of year
$723,480
Total liabilities, end of year
$26,698
Net assets, end of year
$696,782
Publicly traded securities
$144,509
Gross receipts
$59,554
Employees
2
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Shane SeaboltSecretary
Officer
5$10,800
Michael NaborsPresident
Officer
0.5$1,800
Paul KellyDirector
Trustee or director
0$0
Jeff EleyDirector
Trustee or director
0$0
Jackie CopelanDirector
Trustee or director
0$0
Dene ChannellDirector
Trustee or director
0$0
Zeke LambertDirector
Trustee or director
0$0
Andrew A Ainslie IIIDirector
Trustee or director
0$0
Lee NunnDirector
Trustee or director
0$0
Alan VernerVice President
Officer
0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Shane SeaboltSecretary
Officer
5$10,800
Michael NaborsPresident
Officer
0.5$1,800
Paul KellyDirector
Trustee or director
0$0
Jeff EleyDirector
Trustee or director
0$0
Jackie CopelanDirector
Trustee or director
0$0
Dene ChannellDirector
Trustee or director
0$0
Zeke LambertDirector
Trustee or director
0$0
Andrew A Ainslie IIIDirector
Trustee or director
0$0
Lee NunnDirector
Trustee or director
0$0
Alan VernerVice President
Officer
0$0

Address and contacts

Address (IRS master file)
1291 EATONTON RD STE 101, MADISON, GA 30650-6105
Signed the 990
Michael Nabors, President
Phone
(706) 342-3848
Return prepared by
Treadwell Tamplin & Co LLP

Mission

The mission of the Farmers Fire Insurance of Morgan Co. is to provide low cost insurance to farmers.

990 for the year ended December 31, 2024

Program accomplishments

  • The mission of the Farmers Fire Insurance Co. of Morgan County is to provide low cost insurance to approximately 75 farmers.
    Expenses $38,966

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-0501406
Tax-exempt status
501(c)(15): Mutual insurance company
Donations deductible
No
Exempt since
1945
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$723,480
Income (IRS master file)
$59,554

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$59,554$58,291$723,480XML
990December 2023$69,140$61,183$719,174XML
990December 2022$28,441$80,895$715,006IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-0501406).

Questions about FARMERS FIRE INS CO OF MORGAN COUNTY

What is the EIN of FARMERS FIRE INS CO OF MORGAN COUNTY?
The employer identification number (EIN) of FARMERS FIRE INS CO OF MORGAN COUNTY is 58-0501406.
Is FARMERS FIRE INS CO OF MORGAN COUNTY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(15) since 1945.
Are donations to FARMERS FIRE INS CO OF MORGAN COUNTY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FARMERS FIRE INS CO OF MORGAN COUNTY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FARMERS FIRE INS CO OF MORGAN COUNTY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FARMERS FIRE INS CO OF MORGAN COUNTY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of FARMERS FIRE INS CO OF MORGAN COUNTY?
The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $10,800 (Shane Seabolt, Secretary).
How much revenue does FARMERS FIRE INS CO OF MORGAN COUNTY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $59,554, expenses of $58,291 and total assets of $723,480 at year end.

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