Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Mercer County Farm Bureau
EIN 36-1465820 • 501(c)5 • Aledo, IL
Profile
To improve the economic well-being of agriculture and enrich the quality of farm family life in mercer county, illinois.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.03x
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
36th percentile
Higher top officer pay than 36% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Balance Sheet
Assets
Up$832,796
Up $98,570 (+13%) from 2023
Liabilities
Up$21,338
Up $4,120 (+24%) from 2023
Net Assets
Up$811,458
Up $94,450 (+13%) from 2023
Revenue
Up$322,085
Up $33,797 (+12%) from 2023
Expenses
Up$237,968
Up $15,323 (+6.9%) from 2023
Net Income
Up$84,117
Up $18,474 (+28%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $832,796
- Liabilities
- $21,338
- Net assets
- $811,458
- Revenue
- $322,085
- Expenses
- $237,968
- Net income
- $84,117
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Dec 1, 2023 to Nov 30, 2024
- Signed
- Mar 6, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $333,570
Mission and Program Overview
Mission
To improve the economic well-being of agriculture and enrich the quality of farm family life.
To improve the economic well-being of agriculture and enrich the quality of farm family life in mercer county, illinois.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $275,059 | $322,102 | ▲ $47,043 |
| Savings and Temporary Cash Investments | $154,452 | $155,794 | ▲ $1,342 |
| Land, Buildings, and Equipment, Net | $106,556 | $142,893 | ▲ $36,337 |
| Cash and Non-Interest-Bearing Accounts | $105,693 | $120,763 | ▲ $15,070 |
| Investments Other Securities | $54,817 | $54,817 | → $0 |
| Accounts Receivable | $26,504 | $22,909 | ▼ $3,595 |
| Prepaid Expenses and Deferred Charges | $10,817 | $11,569 | ▲ $752 |
| Inventories for Sale or Use | $328 | $274 | ▼ $54 |
| Total Assets | $734,226 | $832,796 | ▲ $98,570 |
| Other Assets Total | - | $1,675 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $16,353 | $20,461 | ▲ $4,108 |
| Deferred Revenue | $865 | $877 | ▲ $12 |
| Total Liabilities | $17,218 | $21,338 | ▲ $4,120 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $717,008 | $811,458 | ▲ $94,450 |
| Total Net Assets Fund Balance | $717,008 | $811,458 | ▲ $94,450 |
| Total Liabilities and Net Assets / Fund Balance | $734,226 | $832,796 | ▲ $98,570 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $136,323 | $179,810 | $316,133 |
| Equipment | $4,060 | $13,388 | $17,448 |
| Land | $2,510 | - | $2,510 |
| Other Securities | $267 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Chad Bell | President |
| Andy Retherford | Director |
| David Anderson | Director |
| Jason Guthrie | Director |
| Jim Hampton | Director |
| Jordan Smith | Director |
| Justin Ewing | Director |
| Lance Headley | Director |
| Mat Willits | Director |
| John Deblock | Secretary |
| Joe Schluter | Treasurer |
| Dan Higgins | Vice-preside |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $86,159
- Program Service Revenue
- $2,778
- Investment Income
- $26,474
- Other Revenue
- $206,674
- All Other Contributions
- $38,565
- Change in Net Assets
- $84,117
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $318,862
- Revenue Not Reported on Financial Statements
- $3,223
- Revenue Not Reported on Form 990
- $32,338
- Other Revenue Adjustments
- $1,711
- Total Revenue per Audited Statements
- $351,200
- Total Revenue per Form 990
- $322,085
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $134,595 |
| Salaries, Compensation, and Employee Benefits | $103,373 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $69,513 | $6,875 | - | $76,388 |
| Occupancy | $10,032 | $9,437 | - | $19,469 |
| Other Employee Benefits | $16,837 | $1,665 | - | $18,502 |
| Office Expenses | $13,478 | $4,212 | - | $17,690 |
| Fees for Services Accounting | $13,251 | $1,310 | - | $14,561 |
| Depreciation Depletion | $6,183 | $4,940 | - | $11,123 |
| Insurance | $5,698 | $2,175 | - | $7,873 |
| All Other Expenses | $5,024 | $2,481 | - | $7,505 |
| Payroll Taxes | $5,626 | $556 | - | $6,182 |
| Other Expenses | $4,904 | $485 | - | $5,389 |
| Advertising | $3,238 | $320 | - | $3,558 |
| Conferences and Meetings | $2,818 | $279 | - | $3,097 |
| Pension Plan Contributions | $2,094 | $207 | - | $2,301 |
| Travel | $1,595 | $158 | - | $1,753 |
| Fees for Service Investment Mgmnt Fees | - | $1,512 | - | $1,512 |
| Total Functional Expenses | $190,054 | $47,914 | $0 | $237,968 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $256,750 |
| Total Expenses per Form 990 | $237,968 |
| Expenses per Audited Statements | $236,456 |
| Expenses Not Reported on Form 990 | $20,294 |
| Expenses Not Reported on Financial Statements | $1,512 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- 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
- No
- 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, Page 6, Part VI, Line 6
“The organization has two classes of members; voting and non-voting members. At year-end there were 1,784 total members made up of 724 voting members and 1,060 non-voting members.”
Form 990, Page 6, Part VI, Line 7A
“Voting members have the authority to elect or appoint voting members to the governing body.”
Form 990, Page 6, Part VI, Line 7B
“Various governing decisions of the organization are subject to approval by the members.”
Form 990, Page 6, Part VI, Line 11B
“The governing body reviews the 990 and approves by vote before issuance.”
Form 990, Page 6, Part VI, Line 12C
“Conflicts are dealt with as they arise.”
Form 990, Page 6, Part VI, Line 15A
“Manager's compensation is set by board decision.”
Form 990, Page 6, Part VI, Line 19
“UPON REQUEST”
Filing and Contact Details
Filer
- Filer Name
- Mercer County Farm Bureau
- EIN
- 36-1465820
- Phone
- 3095825116
- Address
- 206 SE THIRD ST, ALEDO, IL 61231
Signing Officer
- Name
- Jenna Preston
- Title
- Manager
- Phone
- 3095825116
- Signed
- 2025-03-06
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Chad Bell
- Formed
- 1915
- Legal Domicile
- Il
- Voting Board Members
- 12
- Independent Board Members
- 12
- Employees
- 2
- Volunteers
- 35
Preparer
- Firm
- Mck Cpas & Advisors
- Address
- 202 N PROSPECT ROAD SUITE 206, BLOOMINGTON, IL 61704
- Preparer
- Craig T Negangard
- Phone
- 3098286071
Supplemental Narrative
Additional Explanations
Form 990, Part XI, Line 9
“Publications expense recovery -1,711 publication expense recovery 1,711 federal income tax expense -22,005 total -22,005”
Financial Statement Notes
Schedule D, Page 4, Part XI, Line 4B
“Publications expense recovery 1,711”
Schedule D, Page 4, Part XII, Line 2D
“Publication expense recovery -1,711 federal income tax expense 22,005”
Raw XML AppendixShowing 400 of 512 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 16353 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 20461 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 26504 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 22909 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO IMPROVE THE ECONOMIC WELL-BEING OF AGRICULTURE AND ENRICH THE QUALITY OF FARM FAMILY LIFE IN MERCER COUNTY, ILLINOIS. |
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| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 3238 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 3558 |
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| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 5024 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 7505 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JENNA PRESTON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3095825116 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 206 SE 3RD ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ALEDO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 61231 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
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| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 105693 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 120763 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
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