Civic Intelligence

Logan County Farm Bureau

990EZ • Fiscal year 2016 • EIN 37-0667483

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 14, 2016

120 South Mclean St PO Box 128Lincoln, IL 62656

(217) 732-7326

Siviq Scores

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

Liabilities / Assets

87th percentile

0.10x

Higher debt load relative to assets than 87% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

0.13x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Net Margin

13th percentile

-15%

Higher net margin than 13% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Top Officer Pay

95th percentile

$87,413

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 44.2% of source-year revenue.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Asset Growth

21st percentile

-8.4%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

3.0%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$246,586

Down $22,634 (-8.4%) from 2015

Net Assets

Down

$221,603

Down $31,052 (-12%) from 2015

Liabilities

Up

$24,983

Up $8,418 (+51%) from 2015

Revenue

Up

$197,859

Up $5,735 (+3.0%) from 2015

Expenses

Up

$227,281

Up $19,790 (+9.5%) from 2015

Net Income

Down

-$29,422

Down $14,055 (-91%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $279,446Liabilities 2014: $11,039Net Assets 2014: $268,4072014Assets 2015: $269,220Liabilities 2015: $16,565Net Assets 2015: $252,6552015Assets 2016: $246,586Liabilities 2016: $24,983Net Assets 2016: $221,6032016Assets 2017: $251,573Liabilities 2017: $34,729Net Assets 2017: $216,8442017Assets 2018: $228,538Liabilities 2018: $29,873Net Assets 2018: $198,6652018Assets 2019: $206,220Liabilities 2019: $27,107Net Assets 2019: $179,1132019Assets 2020: $177,194Liabilities 2020: $21,903Net Assets 2020: $155,2912020Assets 2021: $199,312Liabilities 2021: $35,823Net Assets 2021: $163,4892021Assets 2022: $180,538Liabilities 2022: $31,418Net Assets 2022: $149,1202022Assets 2023: $180,490Liabilities 2023: $40,573Net Assets 2023: $139,9172023Assets 2024: $228,532Liabilities 2024: $23,438Net Assets 2024: $205,0942024

Highlighted filing

2016

Assets$246,586
Liabilities$24,983
Net Assets$221,603

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $191,860Expenses 2014: $200,811Net Income 2014: -$8,9512014Revenue 2015: $192,124Expenses 2015: $207,491Net Income 2015: -$15,3672015Revenue 2016: $197,859Expenses 2016: $227,281Net Income 2016: -$29,4222016Revenue 2017: $170,590Expenses 2017: $180,681Net Income 2017: -$10,0912017Revenue 2018: $181,077Expenses 2018: $203,383Net Income 2018: -$22,3062018Revenue 2019: $170,632Expenses 2019: $188,555Net Income 2019: -$17,9232019Revenue 2020: $167,191Expenses 2020: $192,783Net Income 2020: -$25,5922020Revenue 2021: $163,941Expenses 2021: $176,828Net Income 2021: -$12,8872021Revenue 2022: $191,833Expenses 2022: $180,948Net Income 2022: $10,8852022Revenue 2023: $192,840Expenses 2023: $211,799Net Income 2023: -$18,9592023Revenue 2024: $246,042Expenses 2024: $194,194Net Income 2024: $51,8482024

Highlighted filing

2016

Revenue$197,859
Expenses$227,281
Net Income-$29,422
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 14, 2016
Return Version
2015v2.0
Gross Receipts
$198,659
Mission and Program Overview

Mission

To promote the development of a permanent and profitable system of agriculture, to give united consideration to questions affecting the economic, educational and social rural interests of logan county and to secure cooperative action in advancing the common interests of our members.

Program Services

DescriptionGrantsExpenses
MEMBER SERVICES - WE PROVIDE A VARIETY OF SERVICES TO OUR MEMBERS SUCH AS DISCOUNTS ON PRODUCTS AND SERVICES THROUGH VARIOUS BUSINESSES. WE ALSO OFFER PLAT BOOKS AT A DISCOUNTED RATE TO OUR MEMBERS AS WELL AS DISCOUNTED SMV SIGNS--
EDUCATION - WE WORK WITH AREA SCHOOLS TO PROVIDE AGRICULTURAL EDUCATION MATERIALS TO STUDENTS. EACH YEAR WE SPONSOR AN AG EDUCATION DAY FOR ALL 4TH GRADERS. STUDENTS SPEND THE DAY LEARNING ABOUT CORN, SOYBEANS, DAIRY, EQUIPMENT AND LIVESTOCK. THE OBJECTIVE OF THIS PROGRAM IS TO EDUCATE STUDENTS TO BETTER UNDERSTAND WHERE THEIR FOOD COMES FROM.--
MARKETING - EACH YEAR WE PROVIDE MARKETING OUTLOOK MEETINGS FOR OUR MEMBERS. DIFFERENT COMMODITY COMPANIES SERVE ON A PANEL WITH A UNIVERSITY OF ILLINOIS INDIVIDUAL ACTING AS A MODERATOR. MEMBERS ARE ABLE TO HEAR DIFFERENT OPINIONS ON THE FUTURE COMMODITY OUTLOOK AND ASK QUESTIONS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES DREWManagerFT$64,129$23,284$87,413
WILLIAM ARMBRUSTERDirector-$0--
DAVID OPPERMANPresident-$0--
LARRY GLEASONTreasurer-$0--
RON KINDREDDirector-$0--
LARRY MARTINDirector-$0--
BLAIR HOERBERTDirector-$0--
ED MAYFIELDDirector-$0--
DEREK MARTINSecretary-$0--
JARED BROWNDirector-$0--
RANDY AWEDirector-$0--
JOHN OLSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Logan County Farm Bureau
EIN
37-0667483
Phone
2177327326
Address
120 SOUTH MCLEAN ST PO BOX 128, LINCOLN, IL 62656

Signing Officer

Name
James Drew
Title
Manager
Signed
2016-11-14
Discuss with paid preparer
Yes

Preparer

Firm
JM Abbott & Associates Ltd
Address
207 S McLean St, Lincoln, IL 62656
Preparer
Clayton GeorgeCPA
Phone
2177351576
Supplemental Narrative

Additional Explanations

Other Revenue.1

Insurance service fees $19575

Other Revenue.2

Other commercial taxable $53

Other Expenses.1001

Advertising and Promotion $1040

Other Expenses.1002

Office Expenses $6661

Other Expenses.1007

Conferences, Conventions, and Meetings $3083

Other Expenses.1009

Depreciation $2386

Other Expenses.1012

Insurance $2379

Other Expenses.1

Agricultural related activity $5004

Other Expenses.2

TELEPHONE $4523

Other Expenses.3

INCOME TAX $3412

Other Expenses.4

MISCELLANEOUS $224

Other Expenses.5

Repairs and maintenance $125

Other Expenses.6

Membership acquisition $66

Other Assets.1002

Furniture and Fixtures - Beginning $3331 Furniture and Fixtures - Ending $2223

Other Assets.1005

Accounts Receivable - Beginning $12539 Accounts Receivable - Ending $4762

Other Assets.1006

Pledges and Grants Receivable - Beginning $6096 Pledges and Grants Receivable - Ending $4250

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $396 Prepaid Expenses and Deferred Charges - Ending $3342

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $16565 Accounts Payable and Accrued Expenses - Ending $18175

Total Liabilities.1003

Deferred Revenue - Beginning $0 Deferred Revenue - Ending $4695

Total Liabilities.1

STATE INCOME TAX PAYABLE - Beginning $0 STATE INCOME TAX PAYABLE - Ending $34

Raw XML Appendix193 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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IRS990EZ/OtherRevenueTotalAmt019628
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IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE DEVELOPMENT OF A PERMANENT AND PROFITABLE SYSTEM OF AGRICULTURE, TO GIVE UNITED CONSIDERATION TO QUESTIONS AFFECTING THE ECONOMIC, EDUCATIONAL AND SOCIAL RURAL INTERESTS OF LOGAN COUNTY AND TO SECURE COOPERATIVE ACTION IN ADVANCING THE COMMON INTERESTS OF OUR MEMBERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEMBER SERVICES - WE PROVIDE A VARIETY OF SERVICES TO OUR MEMBERS SUCH AS DISCOUNTS ON PRODUCTS AND SERVICES THROUGH VARIOUS BUSINESSES. WE ALSO OFFER PLAT BOOKS AT A DISCOUNTED RATE TO OUR MEMBERS AS WELL AS DISCOUNTED SMV SIGNS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EDUCATION - WE WORK WITH AREA SCHOOLS TO PROVIDE AGRICULTURAL EDUCATION MATERIALS TO STUDENTS. EACH YEAR WE SPONSOR AN AG EDUCATION DAY FOR ALL 4TH GRADERS. STUDENTS SPEND THE DAY LEARNING ABOUT CORN, SOYBEANS, DAIRY, EQUIPMENT AND LIVESTOCK. THE OBJECTIVE OF THIS PROGRAM IS TO EDUCATE STUDENTS TO BETTER UNDERSTAND WHERE THEIR FOOD COMES FROM.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSURANCE SERVICE FEES $19575
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER COMMERCIAL TAXABLE $53
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advertising and Promotion $1040
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Office Expenses $6661
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conferences, Conventions, and Meetings $3083
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Depreciation $2386
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance $2379
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AGRICULTURAL RELATED ACTIVITY $5004
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TELEPHONE $4523
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9INCOME TAX $3412
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MISCELLANEOUS $224
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11REPAIRS AND MAINTENANCE $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MEMBERSHIP ACQUISITION $66
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Furniture and Fixtures - Beginning $3331 Furniture and Fixtures - Ending $2223
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Accounts Receivable - Beginning $12539 Accounts Receivable - Ending $4762
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Pledges and Grants Receivable - Beginning $6096 Pledges and Grants Receivable - Ending $4250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Prepaid Expenses and Deferred Charges - Beginning $396 Prepaid Expenses and Deferred Charges - Ending $3342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Accounts Payable and Accrued Expenses - Beginning $16565 Accounts Payable and Accrued Expenses - Ending $18175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Deferred Revenue - Beginning $0 Deferred Revenue - Ending $4695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19STATE INCOME TAX PAYABLE - Beginning $0 STATE INCOME TAX PAYABLE - Ending $34
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Revenue.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1007
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.3
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES DREW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOGAN COUNTY FARM BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0LOGA
ReturnHeader/Filer/EIN0370667483
ReturnHeader/Filer/PhoneNum02177327326
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 SOUTH MCLEAN ST PO BOX 128
ReturnHeader/Filer/USAddress/CityNm0LINCOLN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062656
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JM Abbott & Associates Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0207 S McLean St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lincoln
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062656
ReturnHeader/PreparerPersonGrp/PhoneNum02177351576
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Clayton GeorgeCPA
ReturnHeader/ReturnTs02016-11-14T12:04:49-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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Filings