Civic Intelligence

Whiteside County Farm Bureau

990 • Fiscal year 2017 • EIN 36-1962390

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 10, 2018

100 E KnoxMorrison, IL 61270

(815) 772-2165

Siviq Scores

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

Liabilities / Assets

85th percentile

0.07x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

92nd percentile

0.15x

Higher debt load relative to revenue than 92% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Net Margin

34th percentile

-0.8%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

0.6%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

-6.7%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$428,530

Up $2,628 (+0.6%) from 2016

Net Assets

Down

$398,770

Down $2,635 (-0.7%) from 2016

Liabilities

Up

$29,760

Up $5,263 (+21%) from 2016

Revenue

Down

$203,583

Down $14,707 (-6.7%) from 2016

Expenses

Down

$205,182

Down $7,431 (-3.5%) from 2016

Net Income

Down

-$1,599

Down $7,276 (-128%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $448,773Liabilities 2011: $24,294Net Assets 2011: $424,4792011Assets 2012: $434,257Liabilities 2012: $29,039Net Assets 2012: $405,2182012Assets 2013: $414,136Liabilities 2013: $41,004Net Assets 2013: $373,1322013Assets 2014: $429,686Liabilities 2014: $40,913Net Assets 2014: $388,7732014Assets 2015: $419,431Liabilities 2015: $25,240Net Assets 2015: $394,1912015Assets 2016: $425,902Liabilities 2016: $24,497Net Assets 2016: $401,4052016Assets 2017: $428,530Liabilities 2017: $29,760Net Assets 2017: $398,7702017Assets 2018: $441,186Liabilities 2018: $32,541Net Assets 2018: $408,6452018Assets 2019: $435,863Liabilities 2019: $33,557Net Assets 2019: $402,3062019Assets 2020: $448,299Liabilities 2020: $37,004Net Assets 2020: $411,2952020Assets 2021: $462,340Liabilities 2021: $36,348Net Assets 2021: $425,9922021Assets 2022: $445,993Liabilities 2022: $44,631Net Assets 2022: $401,3622022Assets 2023: $437,645Liabilities 2023: $45,663Net Assets 2023: $391,9822023Assets 2024: $442,203Liabilities 2024: $34,967Net Assets 2024: $407,2362024Assets 2025: $491,395Liabilities 2025: $47,523Net Assets 2025: $443,8722025

Highlighted filing

2017

Assets$428,530
Liabilities$29,760
Net Assets$398,770

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $198,2812011Expenses 2012: $200,4742012Expenses 2013: $223,9412013Revenue 2014: $225,862Expenses 2014: $214,253Net Income 2014: $11,6092014Revenue 2015: $214,005Expenses 2015: $202,167Net Income 2015: $11,8382015Revenue 2016: $218,290Expenses 2016: $212,613Net Income 2016: $5,6772016Revenue 2017: $203,583Expenses 2017: $205,182Net Income 2017: -$1,5992017Revenue 2018: $197,575Expenses 2018: $190,203Net Income 2018: $7,3722018Revenue 2019: $192,612Expenses 2019: $193,833Net Income 2019: -$1,2212019Revenue 2020: $212,958Expenses 2020: $205,825Net Income 2020: $7,1332020Revenue 2021: $205,145Expenses 2021: $211,608Net Income 2021: -$6,4632021Revenue 2022: $213,474Expenses 2022: $216,436Net Income 2022: -$2,9622022Revenue 2023: $213,314Expenses 2023: $225,865Net Income 2023: -$12,5512023Revenue 2024: $245,435Expenses 2024: $217,456Net Income 2024: $27,9792024Revenue 2025: $270,244Expenses 2025: $233,608Net Income 2025: $36,6362025

Highlighted filing

2017

Revenue$203,583
Expenses$205,182
Net Income-$1,599
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 10, 2018
Return Version
2016v3.0
Gross Receipts
$235,756
Mission and Program Overview

Mission

The Farm Bureau is organized to promote marketing of agricultural products and to provide educational and social activities for its members in Whiteside County, Illinois.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$178,211$186,055▲ $7,844
Land, Buildings, and Equipment, Net$202,761$183,280▼ $19,481
Cash and Non-Interest-Bearing Accounts$25,936$41,973▲ $16,037
Accounts Receivable$8,882$7,866▼ $1,016
Prepaid Expenses and Deferred Charges$4,779$7,299▲ $2,520
Inventories for Sale or Use$813$385▼ $428
Total Assets$425,902$428,530▲ $2,628
Other Assets Total$4,520$1,672▼ $2,848
Liabilities
Other Liabilities$14,676$24,680▲ $10,004
Accounts Payable and Accrued Expenses$4,573$3,480▼ $1,093
Deferred Revenue$5,248$1,600▼ $3,648
Total Liabilities$24,497$29,760▲ $5,263
Net Assets / Fund Balance
Unrestricted Net Assets$401,405$398,770▼ $2,635
Total Net Assets Fund Balance$401,405$398,770▼ $2,635
Total Liabilities and Net Assets / Fund Balance$425,902$428,530▲ $2,628

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$136,708$572,267$708,975
Equipment$18,655$91,225$108,963
Other Land Buildings$8,630$12,083$20,713
Land$19,287-$19,287
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donald TemplePresident
Jeffrey BrooksVice-President
Ed HabbenDirector
James FriedrichsDirector
Paul KaneDirector
Reid JohnsonDirector
Virgil BushDirector
William AbbottDirector
Cliff PfundsteinSecretary
Doug KuehlTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,001
Program Service Revenue
$93,247
Investment Income
$3,692
Other Revenue
$84,643
All Other Contributions
$1,051
Change in Net Assets
$-1,599

Audited Revenue Reconciliation

Revenue per Audited Statements
$203,583
Revenue Not Reported on Form 990
$32,940
Total Revenue per Audited Statements
$236,523
Total Revenue per Form 990
$203,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$105,421
Other Expenses$79,112
Grants and Similar Amounts Paid$18,594
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$69,506
Depreciation Depletion---$20,398
Grants to Domestic Orgs---$18,594
Pension Plan Contributions---$18,249
Office Expenses---$15,916
Other Employee Benefits---$12,121
Fees for Services Accounting---$11,290
Occupancy---$9,241
Advertising---$5,630
Conferences and Meetings---$5,587
Payroll Taxes---$5,545
Other Expenses---$4,295
Travel---$3,317
Benefits to Members---$2,055
Total Functional Expenses$0$0$0$205,182

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$232,905
Expenses per Audited Statements$205,182
Total Expenses per Form 990$205,182
Expenses Not Reported on Form 990$27,723
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Whiteside FB FoundationMorrison, IL-Agricultural education programs$17,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Retirement$17,927
Sales, Real estate and Payroll Taxes$6,226
Federal income taxes$527
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Management duties delegated
No

Governance Explanations

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

The Whiteside Farm Bureau receives a copy of the Form 990 prior to e-filing. The Board of Directors review the form at the first meeting after completion. After approval is confirmed, the form is e-filed.

Form 990, Part VI, Section C, Line 19

The Whiteside Farm Bureau makes its governing documents, policies and financial statements available for public review at its office upon request.

Filing and Contact Details

Filer

Filer Name
Whiteside County Farm Bureau
EIN
36-1962390
Phone
8157722165
Address
100 E Knox, Morrison, IL 61270

Signing Officer

Name
Donald Temple
Title
President
Signed
2018-01-10
Discuss with paid preparer
Yes

Organization Details

Formed
1921
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
4

Preparer

Firm
Sam Phillips CPA
Address
413 N Broadway, Salem, IL 62881
Preparer
Sonia J Miley
Phone
6185489033
Supplemental Narrative

Financial Statement Notes

XI 2D

Rental activity income is reported net of related expense of 27,723 on Page 9, Part VIII, Line 6b, rather than reporting with expenses on Page 10, Part IX.

XII 2D

Rental activity expense of 27,723 is reported with related Rental income on Page 9, Part VIII, Line 6b, rather than being reported on Page 10, Part IX.

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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02256
IRS990/PYContributionsGrantsAmt024202
IRS990/PYGrantsAndSimilarPaidAmt022000
IRS990/PYInvestmentIncomeAmt04051
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt089627
IRS990/PYOtherRevenueAmt092084
IRS990/PYProgramServiceRevenueAmt097953
IRS990/PYRevenuesLessExpensesAmt05677
IRS990/PYSalariesCompEmpBnftPaidAmt098730
IRS990/PYTotalExpensesAmt0212613
IRS990/PYTotalRevenueAmt0218290
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1599
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt020950
IRS990/RentalIncomeOrLossGrp/RealAmt0-7601
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt065397
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt065397
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0178211
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0186055
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0136708
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0572267
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0708975
IRS990ScheduleD/EquipmentGrp/BookValueAmt018655
IRS990ScheduleD/EquipmentGrp/DepreciationAmt091225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0108963
IRS990ScheduleD/ExpensesNotReportedAmt027723
IRS990ScheduleD/ExpensesSubtotalAmt0205182
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt0527
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt019287
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019287
IRS990ScheduleD/NetUnrealizedGainsInvstAmt05217
IRS990ScheduleD/OtherExpensesIncludedAmt027723
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08630
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012083
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020713
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0527
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Retirement
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Sales, Real estate and Payroll Taxes
IRS990ScheduleD/OtherRevenueAmt027723
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt032940
IRS990ScheduleD/RevenueSubtotalAmt0203583
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Rental activity income is reported net of related expense of 27,723 on Page 9, Part VIII, Line 6b, rather than reporting with expenses on Page 10, Part IX.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental activity expense of 27,723 is reported with related Rental income on Page 9, Part VIII, Line 6b, rather than being reported on Page 10, Part IX.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0183280
IRS990ScheduleD/TotalExpensesPerForm990Amt0205182
IRS990ScheduleD/TotalLiabilityAmt024680
IRS990ScheduleD/TotalRevenuePerForm990Amt0203583
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0236523
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0232905
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt017000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Agricultural education programs
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Whiteside FB Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0363690666
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0100 E Knox
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Morrison
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd061270
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Whiteside Farm Bureau receives a copy of the Form 990 prior to e-filing. The Board of Directors review the form at the first meeting after completion. After approval is confirmed, the form is e-filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Whiteside Farm Bureau makes its governing documents, policies and financial statements available for public review at its office upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0425902
IRS990/TotalAssetsEOYAmt0428530
IRS990/TotalAssetsGrp/BOYAmt0425902
IRS990/TotalAssetsGrp/EOYAmt0428530
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt022001
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt0205182
IRS990/TotalGrossUBIAmt026847
IRS990/TotalLiabilitiesBOYAmt024497
IRS990/TotalLiabilitiesEOYAmt029760
IRS990/TotalLiabilitiesGrp/BOYAmt024497
IRS990/TotalLiabilitiesGrp/EOYAmt029760
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0401405
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0398770
IRS990/TotalProgramServiceRevenueAmt093247
IRS990/TotalRevenueGrp/ExclusionAmt023814
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0158644
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0203583
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt026847
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0425902
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0428530
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt03317
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0401405
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0398770
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 E Knox St
IRS990/USAddress/CityNm0Morrison
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061270
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.whitesidecfb.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.91$0.48$4.44$2.70$2.34$0.37
2024Detailed filing. Detailed filing data is available for this year.$4.42$0.35$4.07$2.45$2.17$0.28
2023Detailed filing. Detailed filing data is available for this year.$4.38$0.46$3.92$2.13$2.26$0.13
2022Detailed filing. Detailed filing data is available for this year.$4.46$0.45$4.01$2.13$2.16$0.03
2021Detailed filing. Detailed filing data is available for this year.$4.62$0.36$4.26$2.05$2.12$0.06
2020Detailed filing. Detailed filing data is available for this year.$4.48$0.37$4.11$2.13$2.06$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.36$0.34$4.02$1.93$1.94$0.01
2018Detailed filing. Detailed filing data is available for this year.$4.41$0.33$4.09$1.98$1.90$0.07
2017Detailed filing. Detailed filing data is available for this year.$4.29$0.30$3.99$2.04$2.05$0.02
2016Detailed filing. Detailed filing data is available for this year.$4.26$0.24$4.01$2.18$2.13$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.19$0.25$3.94$2.14$2.02$0.12
2014Detailed filing. Detailed filing data is available for this year.$4.30$0.41$3.89$2.26$2.14$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.14$0.41$3.73$2.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$0.29$4.05$2.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.49$0.24$4.24$1.98