Civic Intelligence

Montgomery County Farm Bureau

990 • Fiscal year 2019 • EIN 37-0664118

Sep 01, 2018 to Aug 31, 2019 • Filed on Jan 27, 2020

Organization ProfileWWW.MONTGOMERYCOUNTYFB.COM
102 North Main StreetHillsboro, IL 62049

(217) 532-6171

Siviq Scores

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

Liabilities / Assets

58th percentile

0.02x

Higher debt load relative to assets than 58% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.10x

Higher debt load relative to revenue than 75% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

17th percentile

$540

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Asset Growth

26th percentile

0.1%

Faster asset growth than 26% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-5.3%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$1,132,527

Up $660 (+0.1%) from 2018

Net Assets

Up

$1,105,479

Up $41,152 (+3.9%) from 2018

Liabilities

Down

$27,048

Down $40,492 (-60%) from 2018

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin64th percentile

Revenue

Down

$282,288

Down $15,840 (-5.3%) from 2018

Expenses

Down

$248,772

Down $18,447 (-6.9%) from 2018

Net Income

Up

$33,516

Up $2,607 (+8.4%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$3.0M$2.0M$1.0M$0Assets 2014: $1,139,394Liabilities 2014: $69,702Net Assets 2014: $1,069,6922014Assets 2015: $1,101,410Liabilities 2015: $67,168Net Assets 2015: $1,034,2422015Assets 2016: $1,118,297Liabilities 2016: $101,259Net Assets 2016: $1,017,0382016Assets 2017: $1,123,872Liabilities 2017: $87,591Net Assets 2017: $1,036,2812017Assets 2018: $1,131,867Liabilities 2018: $67,540Net Assets 2018: $1,064,3272018Assets 2019: $1,132,527Liabilities 2019: $27,048Net Assets 2019: $1,105,4792019Assets 2020: $1,249,700Liabilities 2020: $36,962Net Assets 2020: $1,212,7382020Assets 2021: $1,481,153Liabilities 2021: $46,262Net Assets 2021: $1,434,8912021Assets 2022: $1,451,877Liabilities 2022: $27,398Net Assets 2022: $1,424,4792022Assets 2023: $1,570,208Liabilities 2023: $28,537Net Assets 2023: $1,541,6712023Assets 2024: $1,790,764Liabilities 2024: $21,516Net Assets 2024: $1,769,2482024Assets 2025: $2,140,460Liabilities 2025: $22,147Net Assets 2025: $2,118,3132025

Highlighted filing

2019

Assets$1,132,527
Liabilities$27,048
Net Assets$1,105,479
Open 2019 Filing

Operations Trend

Revenue Growth21st percentile

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

$600K$400K$200K$0-$200KRevenue 2014: $297,568Expenses 2014: $312,448Net Income 2014: -$14,8802014Revenue 2015: $290,270Expenses 2015: $315,025Net Income 2015: -$24,7552015Revenue 2016: $283,822Expenses 2016: $308,033Net Income 2016: -$24,2112016Revenue 2017: $289,455Expenses 2017: $272,733Net Income 2017: $16,7222017Revenue 2018: $298,128Expenses 2018: $267,219Net Income 2018: $30,9092018Revenue 2019: $282,288Expenses 2019: $248,772Net Income 2019: $33,5162019Revenue 2020: $330,909Expenses 2020: $220,225Net Income 2020: $110,6842020Revenue 2021: $323,391Expenses 2021: $213,138Net Income 2021: $110,2532021Revenue 2022: $370,304Expenses 2022: $275,346Net Income 2022: $94,9582022Revenue 2023: $401,790Expenses 2023: $301,986Net Income 2023: $99,8042023Revenue 2024: $393,290Expenses 2024: $282,675Net Income 2024: $110,6152024Revenue 2025: $490,642Expenses 2025: $267,682Net Income 2025: $222,9602025

Highlighted filing

2019

Revenue$282,288
Expenses$248,772
Net Income$33,516
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jan 27, 2020
Return Version
2018v3.1
Gross Receipts
$435,949
Mission and Program Overview

Mission

To provide our members with information to increase profitability, quality of life, and to serve as an advocate on agricultural issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$390,139$327,973▼ $62,166
Investments in Publicly Traded Securities$337,159$284,713▼ $52,446
Savings and Temporary Cash Investments$173,036$261,316▲ $88,280
Land, Buildings, and Equipment, Net$155,535$145,463▼ $10,072
Cash and Non-Interest-Bearing Accounts$50,209$86,546▲ $36,337
Accounts Receivable$19,361$21,117▲ $1,756
Prepaid Expenses and Deferred Charges$4,468$4,666▲ $198
Inventories for Sale or Use$1,960$733▼ $1,227
Total Assets$1,131,867$1,132,527▲ $660
Liabilities
Accounts Payable and Accrued Expenses$67,509$27,017▼ $40,492
Deferred Revenue$31$31→ $0
Total Liabilities$67,540$27,048▼ $40,492
Net Assets / Fund Balance
Unrestricted Net Assets$1,064,327$1,105,479▲ $41,152
Total Net Assets Fund Balance$1,064,327$1,105,479▲ $41,152
Total Liabilities and Net Assets / Fund Balance$1,131,867$1,132,527▲ $660

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$107,229$202,313$309,542
Other Land Buildings$15,982$35,989$51,971
Equipment$3,415$38,070$41,485
Land$18,837-$18,837
Other Securities$50--
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleOtherTotal
Jay NiemannPresident$540$540
Lynn BlackDirector$440$440
Mark KnodleDirector$440$440
Kevin DevriesVice-president$405$405
Joseph PopeDirector$400$400
Tracy B DresslerDirector$400$400
Paul BeelerDirector$360$360
Randel SinglerDirector$360$360
Justin GermanSecretary$360$360
Adam AndersonDirector$320$320
Brad YoungDirector$320$320
Dennis HandDirector$320$320
Kris ReynoldsDirector$320$320
Garrett FuchsDirector$280$280
Thomas ElmoreDirector$280$280
Heath HouckTreasurer$240$240
Tyler HelgenDirector$240$240
Chad MilburgDirector$210$210
Kenneth FolkertsDirector - Prior Year$135$135
Carl MartenDirector - Prior Year$105$105
Revenue and Support

Revenue Composition

Contributions and Grants
$49,436
Program Service Revenue
$0
Investment Income
$16,016
Other Revenue
$216,836
All Other Contributions
$8,328
Change in Net Assets
$33,516

Audited Revenue Reconciliation

Revenue per Audited Statements
$282,288
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$55,072
Total Revenue per Audited Statements
$337,360
Total Revenue per Form 990
$282,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,103
Salaries, Compensation, and Employee Benefits$79,562
Grants and Similar Amounts Paid$14,107
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$55,658
All Other Expenses---$27,458
Conferences and Meetings---$22,440
Grants to Domestic Orgs---$14,107
Other Expenses---$10,118
Fees for Services Accounting---$8,042
Pension Plan Contributions---$7,180
Current Officers, Directors, Trustees, and Key Employees---$6,475
Other Employee Benefits---$6,121
Office Expenses---$5,841
Information Technology---$5,069
Depreciation Depletion---$5,025
Payroll Taxes---$4,128
Insurance---$2,725
Occupancy---$2,556
Travel---$2,072
Total Functional Expenses$0$0$0$248,772

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$296,208
Expenses per Audited Statements$248,772
Total Expenses per Form 990$248,772
Expenses Not Reported on Form 990$47,436
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Montgomery County Farm Bureau FoundationHillsboro, IL501c3Agricultural Education to Public$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 A, Line 6

“The organization has two classes of members, voting and non-voting with a total of 2,816 members for the year ending august 31, 2019. Only voting members can hold office.”

Form 990, Part VI, Section A, Line 7A

“Members have the authority to elect or appoint members of the governing body.”

Form 990, Part VI, Section A, Line 7B

“Various governing decisions of the organization are subject to approval by the members.”

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 required to annually disclose interests that could give rise to conflicts.”

Form 990, Part VI, Section B, Line 15

“Manager's contract and compensation are reviewed annually by the officers of the board, using comparability data. A recommendation is made and voted on by the entire board. Board mambers are compensated via a per diem and mileage agreement. Mileage is paid at the standard irs rate.”

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
Montgomery County Farm Bureau
EIN
37-0664118
Phone
2175326171
Address
102 NORTH MAIN STREET, HILLSBORO, IL 62049

Signing Officer

Name
Jay Niemann
Title
President
Phone
2175326171
Signed
2020-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Niemann
Formed
1921
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
2
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
404 NORTH HERSHEY ROAD SUITE A, BLOOMINGTON, IL 61704
Preparer
Christopher J Buettner CPA
Phone
3095571200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Membership acquisition 9,431. Repairs & maintenance 7,494. Miscellaneous 2,804. Director expenses 2,776. Real estate taxes 2,551. Janitor service 2,402.”

FORM 990, PART XII, LINE 2C:

“The process for overseeing the audit and selecting an independent auditor has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Fin 48 footnote- fasb asc 740, income taxes, requires entities to analyze the likelihood of disallowance of tax positions taken in returns already filed or to be filed in case of examination by taxing authorities. This evaluation of tax positions may result in the recognition of additional tax liabilities or derecognition of certain tax assets. In consultation with the farm bureau's tax advisors, management has concluded that the cumulative effect, if any, of past and current tax positions taken by the farm bureau are immaterial to the financial statements as of the date of this report. Therefore, no liability has been recorded. The farm bureau's income tax returns are open to examination by taxing authorities for the years ended august 2016, 2017, 2018 and 2019. Returns are generally subject to examination for three years after they have been filed.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL INCOME 47,436.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSE 47,436.”

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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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR - PRIOR YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR - PRIOR YEAR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01921
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-7229
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToDomesticOrgsGrp/TotalAmt014107
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt096475
IRS990/GrossReceiptsAmt0435949
IRS990/GrossRentsGrp/RealAmt015408
IRS990/GrossSalesOfInventoryAmt02418
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt05069
IRS990/InsuranceGrp/TotalAmt02725
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01960
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0733
IRS990/InvestmentIncomeGrp/ExclusionAmt023245
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023245
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0390139
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0327973
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0337159
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0284713
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0276372
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0155535
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0145463
IRS990/LandBldgEquipCostOrOtherBssAmt0421835
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0103704
IRS990/LessRentalExpensesGrp/RealAmt047436
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt041108
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE OUR MEMBERS WITH INFORMATION TO INCREASE PROFITABILITY, QUALITY OF LIFE, AND TO SERVE AS AN ADVOCATE ON AGRICULTURAL ISSUES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01064327
IRS990/NetAssetsOrFundBalancesEOYAmt01105479
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7229
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0-7229
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-103
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-103
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-32028
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-32028
IRS990/NetUnrelatedBusTxblIncmAmt0154302
IRS990/NetUnrlzdGainsLossesInvstAmt07636
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt02556
IRS990/OfficeExpensesGrp/TotalAmt05841
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06121
IRS990/OtherExpensesGrp/Desc0FEDERAL INCOME TAXES
IRS990/OtherExpensesGrp/Desc1STATE INCOME TAXES
IRS990/OtherExpensesGrp/Desc2AG RELATED ACTIVITIES
IRS990/OtherExpensesGrp/Desc3ALLOCATED MANAGEMENT SE
IRS990/OtherExpensesGrp/TotalAmt032361
IRS990/OtherExpensesGrp/TotalAmt116176
IRS990/OtherExpensesGrp/TotalAmt215220
IRS990/OtherExpensesGrp/TotalAmt310118
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE SERVICE FEES
IRS990/OtherRevenueMiscGrp/Desc1COMMISSIONS
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0193910
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1696
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0193910
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1696
IRS990/OtherRevenueTotalAmt0194606
IRS990/OtherSalariesAndWagesGrp/TotalAmt055658
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt04128
IRS990/PensionPlanContributionsGrp/TotalAmt07180
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04468
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04666
IRS990/PrincipalOfficerNm0JAY NIEMANN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0AG IN THE CLASSROOM- TO HELP GRADE SCHOOL STUDENTS FROM KINDERGARDEN THROUGH 8TH GRADE LEARN WHERE THEIR FOOD COMES FROM AND THAT IT IS PRODUCED IN A SAFE MANNER. WE HELP FFA STUDENTS ATTEND THEIR STATE AND NATIONAL CONVENTIONS, WE GIVE SCHOLARSHIPS TO STUDENTS GOING TO COLLEGE THAT ARE STUDYING IN AN AG RELATED FIELD.
IRS990/ProgSrvcAccomActy3Grp/Desc0RADIO AND NEWSPAPER PUBLICATIONS HELPING MEMBERSHIP TO BE MORE PROFITABLE IN THEIR BUSINESS. HELP MEMBERS TO BECOME MORE KNOWLEDGABLE ABOUT NEW FARMING PRACTICES AND NEW REGULATIONS FROM THE EPA OR IF THEIR FARMS ARE GOING TO BE IMPACTED BY OUTSIDE INFLUENCES SUCH AS POWER COMPANIES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt050141
IRS990/PYGrantsAndSimilarPaidAmt04579
IRS990/PYInvestmentIncomeAmt018176
IRS990/PYOtherExpensesAmt0171282
IRS990/PYOtherRevenueAmt0228262
IRS990/PYProgramServiceRevenueAmt01549
IRS990/PYRevenuesLessExpensesAmt030909
IRS990/PYSalariesCompEmpBnftPaidAmt091358
IRS990/PYTotalExpensesAmt0267219
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0298128
IRS990/ReconcilationRevenueExpnssAmt033516
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0-32028
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt054361
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt054361
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0173036
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0261316
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0107229
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0202313
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0309542
IRS990ScheduleD/EquipmentGrp/BookValueAmt03415
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038070
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041485
IRS990ScheduleD/ExpensesNotReportedAmt047436
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0248772
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt018837
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt018837
IRS990ScheduleD/NetUnrealizedGainsInvstAmt07636
IRS990ScheduleD/OtherExpensesIncludedAmt047436
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015982
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035989
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051971
IRS990ScheduleD/OtherRevenueAmt047436
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt042209
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1285428
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2286
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt350
IRS990ScheduleD/OtherSecuritiesGrp/Desc0LONG TERM CDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ANNUITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PARTNERSHIP INTERESTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3INVESTMENTS IN COOPERATIVES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/RevenueNotReportedAmt055072
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0282288
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 FOOTNOTE- FASB ASC 740, INCOME TAXES, REQUIRES ENTITIES TO ANALYZE THE LIKELIHOOD OF DISALLOWANCE OF TAX POSITIONS TAKEN IN RETURNS ALREADY FILED OR TO BE FILED IN CASE OF EXAMINATION BY TAXING AUTHORITIES. THIS EVALUATION OF TAX POSITIONS MAY RESULT IN THE RECOGNITION OF ADDITIONAL TAX LIABILITIES OR DERECOGNITION OF CERTAIN TAX ASSETS. IN CONSULTATION WITH THE FARM BUREAU'S TAX ADVISORS, MANAGEMENT HAS CONCLUDED THAT THE CUMULATIVE EFFECT, IF ANY, OF PAST AND CURRENT TAX POSITIONS TAKEN BY THE FARM BUREAU ARE IMMATERIAL TO THE FINANCIAL STATEMENTS AS OF THE DATE OF THIS REPORT. THEREFORE, NO LIABILITY HAS BEEN RECORDED. THE FARM BUREAU'S INCOME TAX RETURNS ARE OPEN TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS ENDED AUGUST 2016, 2017, 2018 AND 2019. RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY HAVE BEEN FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL INCOME 47,436.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSE 47,436.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0145463
IRS990ScheduleD/TotalBookValueSecuritiesAmt0327973
IRS990ScheduleD/TotalExpensesPerForm990Amt0248772
IRS990ScheduleD/TotalRevenuePerForm990Amt0282288
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0337360

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,132,527
Liabilities
$27,048
Net assets
$1,105,479
Revenue
$282,288
Expenses
$248,772
Net income
$33,516
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.14$0.02$2.12$0.49$0.27$0.22
2024Detailed filing. Detailed filing data is available for this year.$1.79$0.02$1.77$0.39$0.28$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.57$0.03$1.54$0.40$0.30$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.45$0.03$1.42$0.37$0.28$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.05$1.43$0.32$0.21$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.04$1.21$0.33$0.22$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.13$0.03$1.11$0.28$0.25$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.07$1.06$0.30$0.27$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.12$0.09$1.04$0.29$0.27$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.10$1.02$0.28$0.31$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.10$0.07$1.03$0.29$0.32$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.07$1.07$0.30$0.31$0.01