Civic Intelligence

Mchenry County Farm Bureau

990 • Fiscal year 2024 • EIN 36-1456250

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 15, 2024

PO Box 1530Woodstock, IL 60098

(815) 338-1520

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.02x

Higher debt load relative to assets than 63% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.07x

Higher debt load relative to revenue than 71% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2024

Net Margin

91st percentile

36%

Higher net margin than 91% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2024

Asset Growth

77th percentile

15%

Faster asset growth than 77% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

43%

Faster revenue growth than 93% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,421,285

Up $184,983 (+15%) from 2023

Net Assets

Up

$1,386,032

Up $184,164 (+15%) from 2023

Liabilities

Up

$35,253

Up $819 (+2.4%) from 2023

Revenue

Up

$517,560

Up $156,869 (+43%) from 2023

Expenses

Down

$333,396

Down $23,316 (-6.5%) from 2023

Net Income

Up

$184,164

Up $180,185 (+4528%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2014: $984,505Liabilities 2014: $43,114Net Assets 2014: $941,3912014Assets 2015: $1,003,973Liabilities 2015: $45,296Net Assets 2015: $958,6772015Assets 2016: $1,000,135Liabilities 2016: $48,525Net Assets 2016: $951,6102016Assets 2017: $1,050,266Liabilities 2017: $46,809Net Assets 2017: $1,003,4572017Assets 2018: $1,080,809Liabilities 2018: $53,252Net Assets 2018: $1,027,5572018Assets 2019: $1,078,743Liabilities 2019: $47,507Net Assets 2019: $1,031,2362019Assets 2020: $1,107,405Liabilities 2020: $48,339Net Assets 2020: $1,059,0662020Assets 2021: $1,296,186Liabilities 2021: $49,489Net Assets 2021: $1,246,6972021Assets 2022: $1,229,098Liabilities 2022: $46,817Net Assets 2022: $1,182,2812022Assets 2023: $1,236,302Liabilities 2023: $34,434Net Assets 2023: $1,201,8682023Assets 2024: $1,421,285Liabilities 2024: $35,253Net Assets 2024: $1,386,0322024Assets 2025: $1,535,421Liabilities 2025: $33,725Net Assets 2025: $1,501,6962025

Highlighted filing

2024

Assets$1,421,285
Liabilities$35,253
Net Assets$1,386,032

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $301,121Expenses 2014: $290,304Net Income 2014: $10,8172014Revenue 2015: $306,612Expenses 2015: $288,298Net Income 2015: $18,3142015Revenue 2016: $304,145Expenses 2016: $298,261Net Income 2016: $5,8842016Revenue 2017: $316,221Expenses 2017: $289,499Net Income 2017: $26,7222017Revenue 2018: $316,982Expenses 2018: $308,412Net Income 2018: $8,5702018Revenue 2019: $305,025Expenses 2019: $298,937Net Income 2019: $6,0882019Revenue 2020: $300,150Expenses 2020: $302,086Net Income 2020: -$1,9362020Revenue 2021: $411,388Expenses 2021: $315,081Net Income 2021: $96,3072021Revenue 2022: $313,715Expenses 2022: $307,009Net Income 2022: $6,7062022Revenue 2023: $360,691Expenses 2023: $356,712Net Income 2023: $3,9792023Revenue 2024: $517,560Expenses 2024: $333,396Net Income 2024: $184,1642024Revenue 2025: $438,392Expenses 2025: $322,728Net Income 2025: $115,6642025

Highlighted filing

2024

Revenue$517,560
Expenses$333,396
Net Income$184,164
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$859,325
Mission and Program Overview

Mission

McHenry County Farm Bureau Serves as a clear and strong advocate in the community for agriculture and the family farmers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$923,175$1,076,098▲ $152,923
Land, Buildings, and Equipment, Net$210,560$203,175▼ $7,385
Cash and Non-Interest-Bearing Accounts$65,965$98,706▲ $32,741
Accounts Receivable$27,173$33,154▲ $5,981
Prepaid Expenses and Deferred Charges$8,029$8,903▲ $874
Investments Other Securities$835$835→ $0
Inventories for Sale or Use$565$414▼ $151
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$1,236,302$1,421,285▲ $184,983
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$34,434$35,252▲ $818
Other Liabilities-$1-
Total Liabilities$34,434$35,253▲ $819
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,201,868$1,386,032▲ $184,164
Total Net Assets Fund Balance$1,201,868$1,386,032▲ $184,164
Total Liabilities and Net Assets / Fund Balance$1,236,302$1,421,285▲ $184,983

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$157,492$265,537$423,029
Buildings-$124,914$124,914
Equipment$42,405$50,232$92,637
Other Land Buildings-$21,345$21,345
Land$3,278-$3,278
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris MckeePresident
Brandon WalterVice President
Audrey DavisDirector
Bruce MeierDirector
Casey WatkinsDirector
David PopenhagenDirector
Grant NepermanDirector
Jennifer KinneyDirector
Leah HossfieldDirector
Pat FritzDirector
Randall BaumanDirector
Trent HarpDirector
Jason HoganSecretary
Alan AingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$86,421
Program Service Revenue
$138,497
Investment Income
$83,345
Other Revenue
$209,297
Change in Net Assets
$184,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$189,976
Other Expenses$131,420
Grants and Similar Amounts Paid$12,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$148,542
Other Employee Benefits---$27,327
All Other Expenses---$23,639
Depreciation Depletion---$16,287
Payroll Taxes---$14,107
Occupancy---$12,735
Grants to Domestic Orgs---$12,000
Other Expenses---$11,907
Office Expenses---$8,824
Insurance---$5,753
Travel---$4,676
Fees for Services Other---$4,550
Total Functional Expenses$0$0$0$333,396
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of IllinoisUrbana, IL--$12,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Return will be reviewed by the board prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization annually reviews the policy and is requried to annually disclose interests that could give rise to conflicts.

Form 990, Part VI, Section C, Line 18

Governing documents, the conflict of interest policy, and financial statements are on file at the office and available upon request.

Form 990, Part VI, Section C, Line 19

Governing documents, the conflict of interest policy, and financial statements are on file at the office and available upon request.

Filing and Contact Details

Filer

Filer Name
Mchenry County Farm Bureau
EIN
36-1456250
Phone
8153381520
Address
PO BOX 1530, WOODSTOCK, IL 60098

Signing Officer

Name
Chris Mckee
Title
President
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Mckee
Formed
1912
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
13
Employees
5

Preparer

Firm
Brandt & Associates Pc
Address
401 LIBERTY ST, MORRIS, IL 60450
Preparer
Brittany Brandt CPA
Phone
8155139184
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01201868
IRS990/NetAssetsOrFundBalancesEOYAmt01386032
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt050273
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt050273
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0464
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0464
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-31003
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-31003
IRS990/NetUnrelatedBusTxblIncmAmt058943
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01201868
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01386032
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt012735
IRS990/OfficeExpensesGrp/TotalAmt08824
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027327
IRS990/OtherExpensesGrp/Desc0Other Program Expenses
IRS990/OtherExpensesGrp/Desc1Printing and Publications
IRS990/OtherExpensesGrp/Desc2Federal Tax
IRS990/OtherExpensesGrp/Desc3Meetings
IRS990/OtherExpensesGrp/TotalAmt016694
IRS990/OtherExpensesGrp/TotalAmt113977
IRS990/OtherExpensesGrp/TotalAmt212378
IRS990/OtherExpensesGrp/TotalAmt311907
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/EOYAmt01
IRS990/OtherRevenueMiscGrp/Desc0FEES FOR SERVICES TO INSURANCE
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt077438
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt077438
IRS990/OtherRevenueTotalAmt077438
IRS990/OtherSalariesAndWagesGrp/TotalAmt0148542
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt014107
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08029
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08903
IRS990/PrincipalOfficerNm0CHRIS MCKEE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0138497
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0138497
IRS990/ProgSrvcAccomActy2Grp/Desc0University of Illinois Extension - Provide support for 4-H youth programs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt012000
IRS990/ProgSrvcAccomActy3Grp/Desc0Communication & Publicity - Efforts to communicate our message to our members and the general public.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04286
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt090032
IRS990/PYGrantsAndSimilarPaidAmt012000
IRS990/PYInvestmentIncomeAmt081487
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0137550
IRS990/PYOtherRevenueAmt0188370
IRS990/PYProgramServiceRevenueAmt0802
IRS990/PYRevenuesLessExpensesAmt03979
IRS990/PYSalariesCompEmpBnftPaidAmt0207162
IRS990/PYTotalExpensesAmt0356712
IRS990/PYTotalRevenueAmt0360691
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0184164
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/RealAmt0-31003
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0162398
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0162398
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0923175
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01076098
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0124914
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0124914
IRS990ScheduleD/EquipmentGrp/BookValueAmt042405
IRS990ScheduleD/EquipmentGrp/DepreciationAmt050232
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt092637
IRS990ScheduleD/LandGrp/BookValueAmt03278
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03278
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0157492
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0265537
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0423029
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021345
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0203175
IRS990ScheduleD/TotalLiabilityAmt01
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt012000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0University of Illinois
IRS990ScheduleI/RecipientTable/RecipientEIN0376000511
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01301 WEST GREGORY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0URBANA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd061801
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN WILL BE REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ANNUALLY REVIEWS THE POLICY AND IS REQURIED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ON FILE AT THE OFFICE AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ON FILE AT THE OFFICE AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MCHENRY COUNTY FARM BUREAU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MCHENRY COUNTY FARM BUREAU AGRICULTURAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0311713699
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0STUDENT SCHOLARSHIPS AND AGRI EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 1530
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WOODSTOCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060098
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false

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