Civic Intelligence

Piatt County Farm Bureau

EIN 37-0664122 • 501(c)5 • Monticello, IL

Profile

Provide information, training and services necessary to help farmers increase their profitability and quality of life and serve as an advocate on agricultural issues.

427 W Marion Street PO Box 223Monticello, IL 61856

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2024

Net Margin

91st percentile

37%

Higher net margin than 91% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$877

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

501(c)5 • $500k-$1M nonprofits • Source year 2020

Asset Growth

77th percentile

12%

Faster asset growth than 77% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

50th percentile

4.7%

Faster revenue growth than 50% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Up

$709,959

Up $62,371 (+9.6%) from 2024

Liabilities

Up

$23,955

Up $11,343 (+90%) from 2024

Net Assets

Up

$686,004

Up $51,028 (+8.0%) from 2024

Revenue

Up

$171,945

Up $2,974 (+1.8%) from 2024

Expenses

Up

$122,852

Up $16,281 (+15%) from 2024

Net Income

Down

$49,093

Down $13,307 (-21%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2014: $391,769Liabilities 2014: $9,867Net Assets 2014: $381,9022014Assets 2015: $394,849Liabilities 2015: $4,064Net Assets 2015: $390,7852015Assets 2016: $408,630Liabilities 2016: $9,655Net Assets 2016: $398,9752016Assets 2017: $402,849Liabilities 2017: $7,847Net Assets 2017: $395,0022017Assets 2018: $412,017Liabilities 2018: $4,711Net Assets 2018: $407,3062018Assets 2019: $428,234Liabilities 2019: $5,421Net Assets 2019: $422,8132019Assets 2020: $462,748Liabilities 2020: $9,960Net Assets 2020: $452,7882020Assets 2021: $510,706Liabilities 2021: $4,235Net Assets 2021: $506,4712021Assets 2022: $513,628Liabilities 2022: $8,024Net Assets 2022: $505,6042022Assets 2023: $564,853Liabilities 2023: $3,301Net Assets 2023: $561,5522023Assets 2024: $647,588Liabilities 2024: $12,612Net Assets 2024: $634,9762024Assets 2025: $709,959Liabilities 2025: $23,955Net Assets 2025: $686,0042025

Highlighted filing

2025

Assets$709,959
Liabilities$23,955
Net Assets$686,004

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2014: $134,983Expenses 2014: $123,051Net Income 2014: $11,9322014Revenue 2015: $133,425Expenses 2015: $126,184Net Income 2015: $7,2412015Revenue 2016: $139,581Expenses 2016: $132,328Net Income 2016: $7,2532016Revenue 2017: $134,769Expenses 2017: $140,858Net Income 2017: -$6,0892017Revenue 2018: $139,653Expenses 2018: $129,003Net Income 2018: $10,6502018Revenue 2019: $136,888Expenses 2019: $119,120Net Income 2019: $17,7682019Revenue 2020: $142,833Expenses 2020: $116,085Net Income 2020: $26,7482020Revenue 2021: $138,964Expenses 2021: $104,215Net Income 2021: $34,7492021Revenue 2022: $154,201Expenses 2022: $132,270Net Income 2022: $21,9312022Revenue 2023: $156,363Expenses 2023: $102,621Net Income 2023: $53,7422023Revenue 2024: $168,971Expenses 2024: $106,571Net Income 2024: $62,4002024Revenue 2025: $171,945Expenses 2025: $122,852Net Income 2025: $49,0932025

Highlighted filing

2025

Revenue$171,945
Expenses$122,852
Net Income$49,093

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Feb 5, 2026
Return Version
2024v5.0
Gross Receipts
$182,797
Mission and Program Overview

Mission

Provide information, training and services necessary to help farmers increase their profitability and quality of life and serve as an advocate on agricultural issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$523,401$586,246▲ $62,845
Cash and Non-Interest-Bearing Accounts$89,401$82,215▼ $7,186
Accounts Receivable$30,562$35,528▲ $4,966
Prepaid Expenses and Deferred Charges$2,748$4,914▲ $2,166
Inventories for Sale or Use$881$881→ $0
Land, Buildings, and Equipment, Net$595$175▼ $420
Total Assets$647,588$709,959▲ $62,371
Liabilities
Deferred Revenue$260$22,121▲ $21,861
Other Liabilities$3,852--
Accounts Payable and Accrued Expenses$8,500$1,834▼ $6,666
Total Liabilities$12,612$23,955▲ $11,343
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$634,976$686,004▲ $51,028
Total Net Assets Fund Balance$634,976$686,004▲ $51,028
Total Liabilities and Net Assets / Fund Balance$647,588$709,959▲ $62,371

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$175$44,703$44,878
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jared GreggPresident
Alex HuisingaDirector
Fred PerryDirector
Jake LiebDirector
Janette PorterDirector
Nick BatemanDirector
Tucker MuseSecretary
Shannon CarrollTreasurer
Tj Shambaugh IvVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$55,454
Program Service Revenue
$47,757
Investment Income
$27,485
Other Revenue
$41,249
Change in Net Assets
$49,093

Audited Revenue Reconciliation

Revenue per Audited Statements
$171,945
Revenue Not Reported on Form 990
$1,935
Total Revenue per Audited Statements
$173,880
Total Revenue per Form 990
$171,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,945
Salaries, Compensation, and Employee Benefits$58,907
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$41,725$7,363-$49,088
Fees for Services Accounting-$14,675-$14,675
Occupancy-$11,639-$11,639
Conferences and Meetings-$9,052-$9,052
Advertising$5,781--$5,781
Office Expenses-$5,634-$5,634
Payroll Taxes$4,208$743-$4,951
Other Employee Benefits$4,138$730-$4,868
Insurance-$2,817-$2,817
All Other Expenses$1,159$1,155-$2,314
Other Expenses$4,988$2,101-$2,101
Depreciation Depletion-$420-$420
Total Functional Expenses$61,999$60,853$0$122,852

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$122,852
Total Expenses per Audited Statements$122,852
Total Expenses per Form 990$122,852
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
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
Yes
Conflict-of-interest policy
No
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

Organization has non-voting and voting members.

Form 990, Page 6, Part VI, Line 7A

Voting members have the power to elect members of the board of directors.

Form 990, Page 6, Part VI, Line 7B

Decisions are subject to approval of voting members.

Form 990, Page 6, Part VI, Line 11B

990 is reviewed and approved by the manager and board of directors before filed.

Form 990, Page 6, Part VI, Line 15A

Manager compensation is determined by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Only compensation for board members is per diem and expense reimbursement.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Piatt County Farm Bureau
EIN
37-0664122
Phone
2177622128
Address
427 W MARION STREET PO BOX 223, MONTICELLO, IL 61856
Doing Business As
Piatt County Farm Bureau

Signing Officer

Name
Jared Gregg
Title
President
Phone
2177622128
Signed
2026-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jared Gregg
Formed
1921
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
9

Preparer

Firm
Mck Cpas & Advisors
Address
1353 E MOUND RD STE 300, DECATUR, IL 62526-9382
Preparer
Craig T Negangard
Phone
2178752655
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IRS990/ProgSrvcAccomActy3Grp/Desc0PROMOTION AND SUPPORT OF AGRICULTURAL RELATED ACTIVITIES - ACTIVITIES AND PROMOTIONS ARE CONDUCTED PRIMARILY FOR THE GENERAL MEMBERSHIP WITH SPECIFIC ACTIVITY INTEREST.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION HAS NON-VOTING AND VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOTING MEMBERS HAVE THE POWER TO ELECT MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS ARE SUBJECT TO APPROVAL OF VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 IS REVIEWED AND APPROVED BY THE MANAGER AND BOARD OF DIRECTORS BEFORE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGER COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ONLY COMPENSATION FOR BOARD MEMBERS IS PER DIEM AND EXPENSE REIMBURSEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PIATT COUNTY FARM BUREAU FOUNDATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MONTICELLO
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JARED GREGG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02177622128
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PIATT COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0PIAT
ReturnHeader/Filer/EIN0370664122

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