Civic Intelligence

Whiteside County Farm Bureau

990 • Fiscal year 2018 • EIN 36-1962390

Sep 01, 2017 to Aug 31, 2018 • Filed on Jan 18, 2019

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.

2018 filings • 501(c)5 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

0.16x

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

2018 filings • 501(c)5 • <$500k nonprofits • Source year 2018

Net Margin

50th percentile

3.7%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)5 • <$500k nonprofits • Source year 2018

Top Officer Pay

50th percentile

$688

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2018 filings • 501(c)5 • <$500k nonprofits • Source year 2018

Asset Growth

52nd percentile

3.0%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)5 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-3.0%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)5 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$441,186

Up $12,656 (+3.0%) from 2017

Net Assets

Up

$408,645

Up $9,875 (+2.5%) from 2017

Liabilities

Up

$32,541

Up $2,781 (+9.3%) from 2017

Revenue

Down

$197,575

Down $6,008 (-3.0%) from 2017

Expenses

Down

$190,203

Down $14,979 (-7.3%) from 2017

Net Income

Up

$7,372

Up $8,971 (+561%) from 2017

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

2018

Assets$441,186
Liabilities$32,541
Net Assets$408,645

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

2018

Revenue$197,575
Expenses$190,203
Net Income$7,372
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jan 18, 2019
Return Version
2017v2.3
Gross Receipts
$230,551
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$186,055$193,560▲ $7,505
Land, Buildings, and Equipment, Net$183,280$164,980▼ $18,300
Cash and Non-Interest-Bearing Accounts$41,973$68,411▲ $26,438
Accounts Receivable$7,866$7,467▼ $399
Prepaid Expenses and Deferred Charges$7,299$4,914▼ $2,385
Inventories for Sale or Use$385$1,473▲ $1,088
Total Assets$428,530$441,186▲ $12,656
Other Assets Total$1,672$381▼ $1,291
Liabilities
Other Liabilities$24,680$21,434▼ $3,246
Accounts Payable and Accrued Expenses$3,480$9,057▲ $5,577
Deferred Revenue$1,600$2,050▲ $450
Total Liabilities$29,760$32,541▲ $2,781
Net Assets / Fund Balance
Unrestricted Net Assets$398,770$408,645▲ $9,875
Total Net Assets Fund Balance$398,770$408,645▲ $9,875
Total Liabilities and Net Assets / Fund Balance$428,530$441,186▲ $12,656

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$124,475$584,500$708,975
Equipment$16,731$94,521$111,252
Other Land Buildings$4,487$16,226$20,713
Land$19,287-$19,287
Compensation and Service Providers

Employees

NameTitleBaseTotal
Donald TemplePresident$688$688
Doug KuehlVice President$261$261

Board Members and Trustees

NameTitle
Cliff PfundsteinDirector
Ed EbersohlDirector
James FriedrichsDirector
Jeffrey BrooksDirector
Jeremy GeertsDirector
Larry EbersohlDirector
Scott WetzellDirector
Virgil BushDirector
William AbbottDirector
Reid JohnsonSecretary
Paul KaneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$18,200
Program Service Revenue
$88,901
Investment Income
$5,988
Other Revenue
$84,486
All Other Contributions
$750
Change in Net Assets
$7,372

Audited Revenue Reconciliation

Revenue per Audited Statements
$197,575
Revenue Not Reported on Form 990
$30,530
Total Revenue per Audited Statements
$228,105
Total Revenue per Form 990
$197,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,579
Salaries, Compensation, and Employee Benefits$91,280
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$68,608
Depreciation Depletion---$20,589
Office Expenses---$15,935
Fees for Services Accounting---$13,050
Other Employee Benefits---$12,312
Occupancy---$9,342
Travel---$5,630
Payroll Taxes---$5,460
Other Expenses---$5,285
Pension Plan Contributions---$4,900
Advertising---$4,553
Conferences and Meetings---$4,238
Benefits to Members---$2,344
Total Functional Expenses$0$0$0$190,203

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$218,230
Expenses per Audited Statements$190,203
Total Expenses per Form 990$190,203
Expenses Not Reported on Form 990$28,027
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
Federal income taxes$14,980
Accrued Retirement$3,831
State income taxes$2,369
Sales, Real estate and Payroll Taxes$254
Due to Foundation-
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
2019-01-18
Discuss with paid preparer
Yes

Organization Details

Formed
1921
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
8

Preparer

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

Additional Explanations

Form 990, Part III, Line 3

In prior years Grant proceeds had been passed through to a related Foundation and the program expenses recorded by the Foundation. In the current year, the program expenses of around 15,500 are included on Pg 1, Line 17. rather than on Line 13 as donated to the Foundation.

Financial Statement Notes

XI 2D

Rental expense of 28,027 is reported with Rental income on form 990, page 9, line 6b, rather than with expenses on page 10.

XII 2D

Rental expense of 28,027 is reported on form 990, page 9, line 6b, rather than with expenses on page 10.

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IRS990/OtherExpensesGrp/Desc0Agricultural programs
IRS990/OtherExpensesGrp/Desc1Income Taxes
IRS990/OtherExpensesGrp/TotalAmt017957
IRS990/OtherExpensesGrp/TotalAmt15285
IRS990/OtherLiabilitiesGrp/BOYAmt024680
IRS990/OtherLiabilitiesGrp/EOYAmt021434
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Fee for Services to Insurance Companies
IRS990/OtherRevenueMiscGrp/Desc1Commissions
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt022673
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11087
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt022673
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt11087
IRS990/OtherRevenueTotalAmt023760
IRS990/OtherSalariesAndWagesGrp/TotalAmt068608
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt05460
IRS990/PensionPlanContributionsGrp/TotalAmt04900
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07299
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04914
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Don Temple
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/Desc0Dues
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt088901
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt088901
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02055
IRS990/PYContributionsGrantsAmt022001
IRS990/PYGrantsAndSimilarPaidAmt018594
IRS990/PYInvestmentIncomeAmt03692
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt079112
IRS990/PYOtherRevenueAmt084643
IRS990/PYProgramServiceRevenueAmt093247
IRS990/PYRevenuesLessExpensesAmt0-1599
IRS990/PYSalariesCompEmpBnftPaidAmt0105421
IRS990/PYTotalExpensesAmt0205182
IRS990/PYTotalRevenueAmt0203583
IRS990/ReconcilationRevenueExpnssAmt07372
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt017450
IRS990/RentalIncomeOrLossGrp/RealAmt0-5454
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt066233
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt066233
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0186055
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0193560
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0124475
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0584500
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0708975
IRS990ScheduleD/EquipmentGrp/BookValueAmt016731
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094521
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0111252
IRS990ScheduleD/ExpensesNotReportedAmt028027
IRS990ScheduleD/ExpensesSubtotalAmt0190203
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt019287
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019287
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02503
IRS990ScheduleD/OtherExpensesIncludedAmt028027
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04487
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016226
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020713
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014980
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13831
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2254
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32369
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Retirement
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Sales, Real estate and Payroll Taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3State income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Due to Foundation
IRS990ScheduleD/OtherRevenueAmt028027
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt030530
IRS990ScheduleD/RevenueSubtotalAmt0197575
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Rental expense of 28,027 is reported with Rental income on form 990, page 9, line 6b, rather than with expenses on page 10.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental expense of 28,027 is reported on form 990, page 9, line 6b, rather than with expenses on page 10.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0164980
IRS990ScheduleD/TotalExpensesPerForm990Amt0190203
IRS990ScheduleD/TotalLiabilityAmt021434
IRS990ScheduleD/TotalRevenuePerForm990Amt0197575
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0228105
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0218230
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/ExplanationTxt2In prior years Grant proceeds had been passed through to a related Foundation and the program expenses recorded by the Foundation. In the current year, the program expenses of around 15,500 are included on Pg 1, Line 17. rather than on Line 13 as donated to the Foundation.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 3
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0428530
IRS990/TotalAssetsEOYAmt0441186
IRS990/TotalAssetsGrp/BOYAmt0428530
IRS990/TotalAssetsGrp/EOYAmt0441186
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt018200
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/TotalAmt0190203
IRS990/TotalGrossUBIAmt023707
IRS990/TotalLiabilitiesBOYAmt029760
IRS990/TotalLiabilitiesEOYAmt032541
IRS990/TotalLiabilitiesGrp/BOYAmt029760
IRS990/TotalLiabilitiesGrp/EOYAmt032541
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0398770
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0408645
IRS990/TotalProgramServiceRevenueAmt088901
IRS990/TotalReportableCompFromOrgAmt0949
IRS990/TotalRevenueGrp/ExclusionAmt028561
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0155134
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0197575
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt023707
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0428530
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0441186
IRS990/TravelGrp/TotalAmt05630
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0398770
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0408645
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 E Knox St
IRS990/USAddress/CityNm0Morrison
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061270
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013

Document Assets

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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