Civic Intelligence

Genesee County Farm Bureau Inc

990 • Fiscal year 2014 • EIN 38-1375283

Sep 01, 2013 to Aug 31, 2014 • Filed on Oct 10, 2014

8056 Miller RoadSwartz Creek, MI 48473

(810) 732-3770

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Net Margin

65th percentile

8.5%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Top Officer Pay

89th percentile

$47,857

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 22.3% of source-year revenue.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Asset Growth

56th percentile

4.2%

Faster asset growth than 56% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

80th percentile

12%

Faster revenue growth than 80% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$448,006

Up $18,178 (+4.2%) from 2013

Net Assets

Up

$448,006

Up $18,178 (+4.2%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$214,483

Up $23,780 (+12%) from 2013

Expenses

Down

$196,305

Down $9,613 (-4.7%) from 2013

Net Income

Up

$18,178

Up $33,393 (+219%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $348,631Liabilities 2011: $0Net Assets 2011: $348,6312011Assets 2012: $445,043Liabilities 2012: $0Net Assets 2012: $445,0432012Assets 2013: $429,828Liabilities 2013: $0Net Assets 2013: $429,8282013Assets 2014: $448,006Liabilities 2014: $0Net Assets 2014: $448,0062014Assets 2015: $436,963Liabilities 2015: $0Net Assets 2015: $436,9632015Assets 2016: $487,388Liabilities 2016: $0Net Assets 2016: $487,3882016Assets 2017: $496,174Liabilities 2017: $0Net Assets 2017: $496,1742017Assets 2018: $508,212Liabilities 2018: $0Net Assets 2018: $508,2122018Assets 2019: $509,652Liabilities 2019: $0Net Assets 2019: $509,6522019Assets 2020: $531,304Liabilities 2020: $0Net Assets 2020: $531,3042020Assets 2021: $562,305Liabilities 2021: $0Net Assets 2021: $562,3052021Assets 2022: $477,716Liabilities 2022: $0Net Assets 2022: $477,7162022Assets 2023: $431,744Liabilities 2023: $0Net Assets 2023: $431,7442023Assets 2024: $467,106Liabilities 2024: $0Net Assets 2024: $467,1062024Assets 2025: $515,593Liabilities 2025: $0Net Assets 2025: $515,5932025

Highlighted filing

2014

Assets$448,006
Liabilities$0
Net Assets$448,006

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $242,489Expenses 2011: $229,872Net Income 2011: $12,6172011Revenue 2012: $300,760Expenses 2012: $204,348Net Income 2012: $96,4122012Revenue 2013: $190,703Expenses 2013: $205,918Net Income 2013: -$15,2152013Revenue 2014: $214,483Expenses 2014: $196,305Net Income 2014: $18,1782014Revenue 2015: $193,631Expenses 2015: $187,715Net Income 2015: $5,9162015Revenue 2016: $209,585Expenses 2016: $164,220Net Income 2016: $45,3652016Revenue 2017: $192,818Expenses 2017: $194,478Net Income 2017: -$1,6602017Revenue 2018: $190,242Expenses 2018: $177,487Net Income 2018: $12,7552018Revenue 2019: $179,304Expenses 2019: $173,639Net Income 2019: $5,6652019Revenue 2020: $172,026Expenses 2020: $162,056Net Income 2020: $9,9702020Revenue 2021: $151,229Expenses 2021: $145,478Net Income 2021: $5,7512021Revenue 2022: $134,291Expenses 2022: $166,678Net Income 2022: -$32,3872022Revenue 2023: $142,912Expenses 2023: $188,884Net Income 2023: -$45,9722023Revenue 2024: $174,416Expenses 2024: $139,056Net Income 2024: $35,3602024Revenue 2025: $203,632Expenses 2025: $155,145Net Income 2025: $48,4872025

Highlighted filing

2014

Revenue$214,483
Expenses$196,305
Net Income$18,178
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Oct 10, 2014
Return Version
2013v3.0
Gross Receipts
$214,483
Mission and Program Overview

Mission

Farm bureau is a free independent, non-governmental, voluntary organization of farm families united for the purpose of analyzing their problems and formulating action to achieve educational improvement, economic opportunity, and social advancement and thereby promote national welfare. Farm bureau is local, statewide, national and international in its scope and influence and is non-partisan, non-sectarian, and non-secret in character.

Farm bureau is a free independent, non-governmental, voluntary organization of farm families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$416,847$432,622▲ $15,775
Cash and Non-Interest-Bearing Accounts$4,007$8,114▲ $4,107
Land, Buildings, and Equipment, Net$8,974$7,270▼ $1,704
Total Assets$429,828$448,006▲ $18,178
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$429,828$448,006▲ $18,178
Total Net Assets Fund Balance$429,828$448,006▲ $18,178
Total Liabilities and Net Assets / Fund Balance$429,828$448,006▲ $18,178

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,270$6,900$14,170
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer GriffinSecretary/treasurerFT$47,857$47,857
Jeff KnickerbockerDirector-$468$468
Mike YanchoThird Member-$445$445
Phillip JelinekPresident-$429$429
Chad MoreyDirector-$417$417
William HuntVice President-$375$375
Ray PorterDirector-$261$261
Dan HillDirector-$256$256
Christina YanchoDirector-$121$121
Cody FerryDirector-$62$62
Revenue and Support

Revenue Composition

Contributions and Grants
$163,902
Program Service Revenue
$0
Investment Income
$37,320
Other Revenue
$13,261
Change in Net Assets
$18,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,186
Salaries, Compensation, and Employee Benefits$73,119
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$56,768
Conferences and Meetings---$27,331
Office Expenses---$22,841
All Other Expenses---$11,305
Other Employee Benefits---$9,498
Advertising---$7,948
Occupancy---$7,400
Payroll Taxes---$6,520
Information Technology---$4,922
Other Expenses---$4,500
Fees for Services Accounting---$1,924
Insurance---$1,757
Depreciation Depletion---$1,704
Other Salaries and Wages---$333
Total Functional Expenses$0$0$0$196,305
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
Yes
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

All members have an equal vote at the annual meeting.

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

At the annual meeting members elect the board directors.

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

At the annual meeting, members vote on policy decisions in the form of resolutions and state annual delegates. They also approve minutes and financial statements.

Form 990, Part VI, Section B, Line 11

At a monthly board meeting of the directors of the organization, a copy of the 990 is presented and action is taken by the board to approve the return.

Form 990, Part VI, Section B, Line 12C

The written conflict of interest policy is reviewed annually by the board of directors (board) and a motion of acknowledgement and action is taken by the board to approve the policy. At the same time all officers, board members and key employees must annually provide a signed written statement listing all potential conflicts of interest while acting in their respective positions.

Form 990, Part VI, Section B, Line 15

Compensation is determined by the board of directors. Compensation for each meeting attended by a director is reviewed annually. It is based on: 1) the amount per meeting that other not-for-profits in the state of michigan, of a similar size reimbuse; and 2) on what the county farm bureau can afford. Compensation for the county administrative manager, who is an officer of the board, is based on: 1) what other county farm bureaus of a similar size compensate; 2) what the county farm bureau can afford; and 3) what the salary range is in the state farm bureau organization for a similar positiob description of duties and responsibilities. The state organization analyses its salary range and structure annually on a comparative basis to assure that compensation remains competitive with the market we do business in. After these reviews are completed, action is taken by the county farm bureau board to approve the meeting compensation and county administrative manager compensation for the upcoming twelve month period.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, form 990, form 990-t, by-laws and articles of incorporation are made available to the public via a public disclosure file. A notice that governing documents are available is displayed within the front office (public area). Form 990 is also available to the public on another providers website at www.guidestar.org.

Filing and Contact Details

Filer

EIN
38-1375283
Phone
8107323770

Signing Officer

Name
Jennifer Griffin
Title
Secretary/treasurer
Phone
8107323770
Signed
2014-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Griffin
Formed
1945
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
0
Employees
3
Volunteers
0

Preparer

Preparer
Lori S Chant CPA
Phone
9897238227
Raw XML Appendix339 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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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS HAVE AN EQUAL VOTE AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE ANNUAL MEETING MEMBERS ELECT THE BOARD DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT THE ANNUAL MEETING, MEMBERS VOTE ON POLICY DECISIONS IN THE FORM OF RESOLUTIONS AND STATE ANNUAL DELEGATES. THEY ALSO APPROVE MINUTES AND FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT A MONTHLY BOARD MEETING OF THE DIRECTORS OF THE ORGANIZATION, A COPY OF THE 990 IS PRESENTED AND ACTION IS TAKEN BY THE BOARD TO APPROVE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS (BOARD) AND A MOTION OF ACKNOWLEDGEMENT AND ACTION IS TAKEN BY THE BOARD TO APPROVE THE POLICY. AT THE SAME TIME ALL OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES MUST ANNUALLY PROVIDE A SIGNED WRITTEN STATEMENT LISTING ALL POTENTIAL CONFLICTS OF INTEREST WHILE ACTING IN THEIR RESPECTIVE POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION FOR EACH MEETING ATTENDED BY A DIRECTOR IS REVIEWED ANNUALLY. IT IS BASED ON: 1) THE AMOUNT PER MEETING THAT OTHER NOT-FOR-PROFITS IN THE STATE OF MICHIGAN, OF A SIMILAR SIZE REIMBUSE; AND 2) ON WHAT THE COUNTY FARM BUREAU CAN AFFORD. COMPENSATION FOR THE COUNTY ADMINISTRATIVE MANAGER, WHO IS AN OFFICER OF THE BOARD, IS BASED ON: 1) WHAT OTHER COUNTY FARM BUREAUS OF A SIMILAR SIZE COMPENSATE; 2) WHAT THE COUNTY FARM BUREAU CAN AFFORD; AND 3) WHAT THE SALARY RANGE IS IN THE STATE FARM BUREAU ORGANIZATION FOR A SIMILAR POSITIOB DESCRIPTION OF DUTIES AND RESPONSIBILITIES. THE STATE ORGANIZATION ANALYSES ITS SALARY RANGE AND STRUCTURE ANNUALLY ON A COMPARATIVE BASIS TO ASSURE THAT COMPENSATION REMAINS COMPETITIVE WITH THE MARKET WE DO BUSINESS IN. AFTER THESE REVIEWS ARE COMPLETED, ACTION IS TAKEN BY THE COUNTY FARM BUREAU BOARD TO APPROVE THE MEETING COMPENSATION AND COUNTY ADMINISTRATIVE MANAGER COMPENSATION FOR THE UPCOMING TWELVE MONTH PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 990-T, BY-LAWS AND ARTICLES OF INCORPORATION ARE MADE AVAILABLE TO THE PUBLIC VIA A PUBLIC DISCLOSURE FILE. A NOTICE THAT GOVERNING DOCUMENTS ARE AVAILABLE IS DISPLAYED WITHIN THE FRONT OFFICE (PUBLIC AREA). FORM 990 IS ALSO AVAILABLE TO THE PUBLIC ON ANOTHER PROVIDERS WEBSITE AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0429828
IRS990/TotalAssetsEOYAmt0448006
IRS990/TotalAssetsGrp/BOYAmt0429828
IRS990/TotalAssetsGrp/EOYAmt0448006
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0163902
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0196305
IRS990/TotalGrossUBIAmt013261
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0429828
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0448006
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt050691
IRS990/TotalRevenueGrp/ExclusionAmt037320
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0214483
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt013261
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0429828
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0448006
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0429828
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0448006
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine108056 MILLER RD
IRS990/USAddress/City0SWARTZ CREEK
IRS990/USAddress/State0MI
IRS990/USAddress/ZIPCode048473
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.MICHFB.COM/COUNTIES/INDEX/25
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER GRIFFIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08107323770
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10GENESEE COUNTY FARM BUREAU INC
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0381375283
ReturnHeader/Filer/PhoneNum08107323770
ReturnHeader/Filer/USAddress/AddressLine108056 MILLER ROAD
ReturnHeader/Filer/USAddress/City0SWARTZ CREEK
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048473
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382207674
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10DEMIS AND WENZLICK PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10217 N WASHINGTON ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0OWOSSO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0488672836
ReturnHeader/PreparerPersonGrp/PhoneNum09897238227
ReturnHeader/PreparerPersonGrp/PreparationDt02014-10-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI S CHANT CPA
ReturnHeader/ReturnTs02014-10-21T12:45:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-09-01
ReturnHeader/TaxPeriodEndDt02014-08-31
ReturnHeader/TaxYr02013

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.$5.16$0.00$5.16$2.04$1.55$0.48
2024Detailed filing. Detailed filing data is available for this year.$4.67$0.00$4.67$1.74$1.39$0.35
2023Detailed filing. Detailed filing data is available for this year.$4.32$0.00$4.32$1.43$1.89$0.46
2022Detailed filing. Detailed filing data is available for this year.$4.78$0.00$4.78$1.34$1.67$0.32
2021Detailed filing. Detailed filing data is available for this year.$5.62$0.00$5.62$1.51$1.45$0.06
2020Detailed filing. Detailed filing data is available for this year.$5.31$0.00$5.31$1.72$1.62$0.10
2019Detailed filing. Detailed filing data is available for this year.$5.10$0.00$5.10$1.79$1.74$0.06
2018Detailed filing. Detailed filing data is available for this year.$5.08$0.00$5.08$1.90$1.77$0.13
2017Detailed filing. Detailed filing data is available for this year.$4.96$0.00$4.96$1.93$1.94$0.02
2016Detailed filing. Detailed filing data is available for this year.$4.87$0.00$4.87$2.10$1.64$0.45
2015Detailed filing. Detailed filing data is available for this year.$4.37$0.00$4.37$1.94$1.88$0.06
2014Detailed filing. Detailed filing data is available for this year.$4.48$0.00$4.48$2.14$1.96$0.18
2013Summary only. Only limited summary data is available for this year.$4.30$0.00$4.30$1.91$2.06$0.15
2012Summary only. Only limited summary data is available for this year.$4.45$0.00$4.45$3.01$2.04$0.96
2011Summary only. Only limited summary data is available for this year.$3.49$0.00$3.49$2.42$2.30$0.13