Civic Intelligence

Huron County Farm Bureau Inc

990EZ • Fiscal year 2020 • EIN 38-1379197

Sep 01, 2019 to Aug 31, 2020 • Filed on Dec 17, 2020

711 N Van Dyke RoadBad Axe, MI 48413-9188

(989) 269-9911

Siviq Scores

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

Liabilities / Assets

89th percentile

0.11x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

0.36x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Net Margin

45th percentile

8.4%

Higher net margin than 45% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$64,761

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 57.0% of source-year revenue.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Asset Growth

36th percentile

2.7%

Faster asset growth than 36% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-11%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$362,280

Up $9,486 (+2.7%) from 2019

Net Assets

Up

$321,676

Up $11,554 (+3.7%) from 2019

Liabilities

Down

$40,604

Down $2,068 (-4.8%) from 2019

Revenue

Down

$113,568

Down $14,225 (-11%) from 2019

Expenses

Down

$104,029

Down $21,362 (-17%) from 2019

Net Income

Up

$9,539

Up $7,137 (+297%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $249,893Liabilities 2011: $4292011Assets 2012: $254,537Liabilities 2012: $262012Assets 2013: $252,920Liabilities 2013: $0Net Assets 2013: $252,9202013Assets 2014: $294,958Liabilities 2014: $0Net Assets 2014: $294,9582014Assets 2015: $307,849Liabilities 2015: $0Net Assets 2015: $307,8492015Assets 2016: $310,314Liabilities 2016: $41Net Assets 2016: $310,2732016Assets 2017: $336,340Liabilities 2017: $02017Assets 2018: $350,202Liabilities 2018: $44,4372018Assets 2019: $352,794Liabilities 2019: $42,672Net Assets 2019: $310,1222019Assets 2020: $362,280Liabilities 2020: $40,604Net Assets 2020: $321,6762020Assets 2021: $384,791Liabilities 2021: $38,309Net Assets 2021: $346,4822021Assets 2022: $385,415Liabilities 2022: $36,0962022Assets 2023: $378,241Liabilities 2023: $33,7902023Assets 2025: $385,214Liabilities 2025: $28,856Net Assets 2025: $356,3582025

Highlighted filing

2020

Assets$362,280
Liabilities$40,604
Net Assets$321,676

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $169,541Expenses 2011: $175,538Net Income 2011: -$5,9972011Revenue 2012: $167,876Expenses 2012: $162,829Net Income 2012: $5,0472012Revenue 2013: $133,030Expenses 2013: $134,622Net Income 2013: -$1,5922013Revenue 2014: $158,337Expenses 2014: $116,301Net Income 2014: $42,0362014Revenue 2015: $109,684Expenses 2015: $96,783Net Income 2015: $12,9012015Revenue 2016: $91,455Expenses 2016: $89,030Net Income 2016: $2,4252016Revenue 2017: $123,562Expenses 2017: $97,498Net Income 2017: $26,0642017Revenue 2018: $137,033Expenses 2018: $121,300Net Income 2018: $15,7332018Revenue 2019: $127,793Expenses 2019: $125,391Net Income 2019: $2,4022019Revenue 2020: $113,568Expenses 2020: $104,029Net Income 2020: $9,5392020Revenue 2021: $145,491Expenses 2021: $120,124Net Income 2021: $25,3672021Revenue 2022: $139,742Expenses 2022: $136,056Net Income 2022: $3,6862022Revenue 2023: $143,246Expenses 2023: $148,114Net Income 2023: -$4,8682023Revenue 2025: $171,286Expenses 2025: $182,030Net Income 2025: -$10,7442025

Highlighted filing

2020

Revenue$113,568
Expenses$104,029
Net Income$9,539
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Dec 17, 2020
Return Version
2019v5.1
Gross Receipts
$113,568
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O--
See Schedule O--
See Schedule O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura LynchSecretarytreasurerFT$64,761-$64,761
Jeremy PolegaPresident-$612-$612
Kevin MessingDirector-$316-$316
Adam ArmbrusterDirector-$267-$267
Rita HerfordVice Presidentp&E Chair-$253-$253
Corey OeshgerDirector-$253-$253
Ashley Kennedy3rd Member-$167-$167
John SchramskiDirector-$121-$121
Garrett ShetlerDirector-$121-$121
Michael EskauDirector-$106-$106
Phil WeberYoung Farmer Comm Director-$76-$76
Filing and Contact Details

Filer

Filer Name
Huron County Farm Bureau
EIN
38-1379197
Address
711 N Van Dyke Road, Bad Axe, MI 48413-9188

Signing Officer

Name
Laura Lynch
Title
SecretaryTreas
Phone
9892699911
Signed
2020-12-17
Discuss with paid preparer
Yes

Preparer

Firm
David Offord CPA PLC
Address
422 State Street, Saint Joseph, MI 49085
Preparer
David H Offord CPA
Phone
2699835566
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountBCBS Service Revenue 53,067Farm Bureau Insurance Sponsorship 2,340

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 104Office Supplies 2,219Telephone and Internet 1,393Technology Fee 1,170Business Charges 2,163Promotional Expenses 1,890Contributions 437Organizational Meetings and Travel 4,120Program Expenses 9,917Continuing Education 90Accounting Support 1,798

Other changes in net assets or fund balances Part I line 20

Description AmountCurrent Year Installment Income 2,015

Description of other assets Part II line 24

Category Beginning of Year End of YearNote Receivable 71,896 68,427Equipment and Fixtures, Net 105 0

Description of total liabilities Part II line 26

Category Beginning of Year End of YearDeferred Revenue 42,672 40,466Payroll Liability 0 138

Part III response or note to any other line in Part III

Form 990-EZ, Part III Organizations Primary Exempt PurposeFarm 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. Form 990-EZ, Part III Program Service AccomplishmentsPublic Policy Using grass roots philosophy, volunteer members formulate current and emerging agricultural issues into areas of interest. Membership with a unified voice, provides direction to the state organization. The statewide organization then develops a local, state and national level strategy.Promotion and Education Education about the agricultural industry are offered to hundreds in the general public with events such as Breakfast on the Farm and to 4-H clubs, FFA chapters, schools and civic groups.Young Farmers Education and leadership skill development programs for current local agricultural leaders within the ages of 18 to 35; and offers social events and encourages involvement to develop future leaders.

Raw XML Appendix169 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Bad Axe
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Laura Lynch
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jeremy Polega
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice PresidentP&E Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Young Farmer Comm Dir
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OrganizationHadUBIInd0true
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2See Schedule O
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt067148
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://huron.michfb.com/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountBCBS Service Revenue 53,067Farm Bureau Insurance Sponsorship 2,340
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountDepreciation from 4562 104Office Supplies 2,219Telephone and Internet 1,393Technology Fee 1,170Business Charges 2,163Promotional Expenses 1,890Contributions 437Organizational Meetings and Travel 4,120Program Expenses 9,917Continuing Education 90Accounting Support 1,798
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountCurrent Year Installment Income 2,015
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearNote Receivable 71,896 68,427Equipment and Fixtures, Net 105 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearDeferred Revenue 42,672 40,466Payroll Liability 0 138
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Form 990-EZ, Part III Organizations Primary Exempt PurposeFarm 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. Form 990-EZ, Part III Program Service AccomplishmentsPublic Policy Using grass roots philosophy, volunteer members formulate current and emerging agricultural issues into areas of interest. Membership with a unified voice, provides direction to the state organization. The statewide organization then develops a local, state and national level strategy.Promotion and Education Education about the agricultural industry are offered to hundreds in the general public with events such as Breakfast on the Farm and to 4-H clubs, FFA chapters, schools and civic groups.Young Farmers Education and leadership skill development programs for current local agricultural leaders within the ages of 18 to 35; and offers social events and encourages involvement to develop future leaders.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part III response or note to any other line in Part III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Laura Lynch
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SecretaryTreas
ReturnHeader/BusinessOfficerGrp/PhoneNum09892699911
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Huron County Farm Bureau
ReturnHeader/Filer/BusinessNameControlTxt0HURO
ReturnHeader/Filer/EIN0381379197
ReturnHeader/Filer/USAddress/AddressLine1Txt0711 N Van Dyke Road
ReturnHeader/Filer/USAddress/CityNm0Bad Axe
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0484139188
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474235524
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0David Offord CPA PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0422 State Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Saint Joseph
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049085
ReturnHeader/PreparerPersonGrp/PhoneNum02699835566
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David H Offord CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-01-15T10:59:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

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.$3.85$0.29$3.56$1.71$1.82$0.11
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.78$0.34$1.43$1.48$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.85$0.36$1.40$1.36$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.85$0.38$3.46$1.45$1.20$0.25
2020Detailed filing. Detailed filing data is available for this year.$3.62$0.41$3.22$1.14$1.04$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$0.43$3.10$1.28$1.25$0.02
2018Summary only. Only limited summary data is available for this year.$3.50$0.44$1.37$1.21$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.36$0.00$1.24$0.97$0.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.10$0.00$3.10$0.91$0.89$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$0.00$3.08$1.10$0.97$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.95$1.58$1.16$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.00$2.53$1.33$1.35$0.02
2012Summary only. Only limited summary data is available for this year.$2.55$0.00$1.68$1.63$0.05
2011Summary only. Only limited summary data is available for this year.$2.50$0.00$1.70$1.76$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)5 • <$500k nonprofits