Civic Intelligence

Iowa Farm Bureau Federation

990EZ • Fiscal year 2021 • EIN 42-0158725

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 21, 2022

1400 1st Street WIndependence, IA 50644

(319) 929-5505

Siviq Scores

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

Liabilities / Assets

71st percentile

0.01x

Higher debt load relative to assets than 71% of similar nonprofits.

2021 filings • 501(c)5 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

78th percentile

0.03x

Higher debt load relative to revenue than 78% of similar nonprofits.

2021 filings • 501(c)5 • <$500k nonprofits • Source year 2021

Net Margin

59th percentile

14%

Higher net margin than 59% of similar nonprofits.

2021 filings • 501(c)5 • <$500k nonprofits • Source year 2021

Top Officer Pay

48th percentile

$445

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2021 filings • 501(c)5 • <$500k nonprofits • Source year 2021

Asset Growth

38th percentile

2.8%

Faster asset growth than 38% of similar nonprofits.

2021 filings • 501(c)5 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

7.0%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • 501(c)5 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$402,943

Up $11,138 (+2.8%) from 2020

Net Assets

Up

$397,855

Up $8,548 (+2.2%) from 2020

Liabilities

Up

$5,088

Up $2,590 (+104%) from 2020

Revenue

Up

$151,654

Up $9,865 (+7.0%) from 2020

Expenses

Up

$129,861

Up $11,339 (+9.6%) from 2020

Net Income

Down

$21,793

Down $1,474 (-6.3%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $229,238Liabilities 2011: $02011Assets 2012: $254,261Liabilities 2012: $3,8612012Assets 2013: $270,999Liabilities 2013: $2,8092013Assets 2014: $296,165Liabilities 2014: $3,9142014Assets 2015: $311,973Liabilities 2015: $2,8132015Assets 2016: $340,120Liabilities 2016: $4,1312016Assets 2017: $346,932Liabilities 2017: $2,8402017Assets 2018: $356,127Liabilities 2018: $2,9322018Assets 2019: $377,024Liabilities 2019: $6,7062019Assets 2020: $391,805Liabilities 2020: $2,498Net Assets 2020: $389,3072020Assets 2021: $402,943Liabilities 2021: $5,088Net Assets 2021: $397,8552021Assets 2022: $1,397,240Liabilities 2022: $8,334Net Assets 2022: $1,388,9062022Assets 2023: $1,413,599Liabilities 2023: $4,211Net Assets 2023: $1,409,3882023Assets 2024: $1,558,594Liabilities 2024: $2,943Net Assets 2024: $1,555,6512024

Highlighted filing

2021

Assets$402,943
Liabilities$5,088
Net Assets$397,855

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2011: $131,110Expenses 2011: $116,517Net Income 2011: $14,5932011Revenue 2012: $126,527Expenses 2012: $105,593Net Income 2012: $20,9342012Revenue 2013: $124,535Expenses 2013: $110,388Net Income 2013: $14,1472013Revenue 2014: $125,787Expenses 2014: $107,188Net Income 2014: $18,5992014Revenue 2015: $124,753Expenses 2015: $103,674Net Income 2015: $21,0792015Revenue 2016: $127,625Expenses 2016: $108,917Net Income 2016: $18,7082016Revenue 2017: $131,520Expenses 2017: $120,882Net Income 2017: $10,6382017Revenue 2018: $129,031Expenses 2018: $112,110Net Income 2018: $16,9212018Revenue 2019: $133,721Expenses 2019: $118,010Net Income 2019: $15,7112019Revenue 2020: $141,789Expenses 2020: $118,522Net Income 2020: $23,2672020Revenue 2021: $151,654Expenses 2021: $129,861Net Income 2021: $21,7932021Revenue 2022: $1,116,482Expenses 2022: $110,310Net Income 2022: $1,006,1722022Revenue 2023: $116,716Expenses 2023: $105,406Net Income 2023: $11,3102023Revenue 2024: $255,916Expenses 2024: $110,909Net Income 2024: $145,0072024

Highlighted filing

2021

Revenue$151,654
Expenses$129,861
Net Income$21,793
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 21, 2022
Return Version
2021v4.2
Gross Receipts
$160,011
Mission and Program Overview

Mission

To create a vibrant future for agriculture, farm families and their communities.

Schedule O

Program Services

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

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEGHAN LEIBOLDSecretary/Voting Delegate-$0$445$445
KENDRA BURCHETTDirector-$0$200$200
LUCRETIA MANGRICHPresident-$0--
JARED KELLYVice President-$0--
RANDY FRANCOISTreasurer-$0--
CRAIG SPERFSLAGEDirector-$0--
CARL DODGEDirector-$0--
KASSIDY CABALKADirector-$0--
KATHERINE WEGNERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Buchanan County Farm Bureau
EIN
42-0158725
Phone
3199295505
Address
1400 1ST STREET W, INDEPENDENCE, IA 50644

Signing Officer

Name
Randy Francois
Title
Treasurer
Phone
3199295505
Signed
2022-04-21
Discuss with paid preparer
Yes

Preparer

Firm
Gardinercompany Pc
Address
10555 NEW YORK AVE, DES MOINES, IA 50322
Preparer
Max N Studer CPA
Phone
5152701446
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

Expense Recoveries 2,414

Form 990-EZ, Part I, Line 16, Other Expenses

Travel 33

Form 990-EZ, Part I, Line 16, Other Expenses

Conferences, conventions, and meetings 2,048

Form 990-EZ, Part I, Line 16, Other Expenses

Equipment rental and maintenance 3,019

Form 990-EZ, Part I, Line 16, Other Expenses

Supplies 566

Form 990-EZ, Part I, Line 16, Other Expenses

Telephone 3,350

Form 990-EZ, Part I, Line 16, Other Expenses

Depreciation 4,489

Form 990-EZ, Part I, Line 16, Other Expenses

Federation Dues 36,476

Form 990-EZ, Part I, Line 16, Other Expenses

Management Expense 1,658

Form 990-EZ, Part I, Line 16, Other Expenses

Advertising Public Relations 1,470

Form 990-EZ, Part I, Line 16, Other Expenses

Membership Acquisition 1,353

Form 990-EZ, Part I, Line 16, Other Expenses

Dues Subscriptions 4,171

Form 990-EZ, Part I, Line 16, Other Expenses

Insurance 965

Form 990-EZ, Part I, Line 16, Other Expenses

Program Services 9,242

Form 990-EZ, Part I, Line 16, Other Expenses

Ag In The Classroom 3,961

Form 990-EZ, Part I, Line 16, Other Expenses

Board of Director Expense 2,351

Form 990-EZ, Part I, Line 16, Other Expenses

Ag Community Support 2,260

Form 990-EZ, Part I, Line 16, Other Expenses

Young Farmer Activities 229

Form 990-EZ, Part I, Line 16, Other Expenses

Other 33

Form 990-EZ, Part I, Line 20, Net Assets

Unrealized Loss on Marketable Securities -13,245

Form 990-EZ, Part II, Line 24, Other Assets

Accounts Receivable Beginning of year 3,450, End of year 3,109

Form 990-EZ, Part II, Line 26, Liabilities

Accounts Payable Beginning of year 2,498, End of year 4,088

Form 990-EZ, Part II, Line 26, Liabilities

Deferred Revenue Beginning of year 0, End of year 1,000

Form 990-EZ, Part III, Line 1

To create a vibrant future for agriculture, farm families their communities.

Form 990-EZ, Part III, Line 28

POLICY DEVELOPMENT Phone calls, emails, and face to face visits with state legislators on current ag issues such as state budget, property tax, mental health funding, water quality and soil conservation. Hosted a meeting with supervisors, engineer, and finance director to discuss county budget, roads and bridges and mental health funding. Hosted 3 town hall meeting with legislators with other counties to talk about current happenings going on during the session 200.

Form 990-EZ, Part III, Line 29

PUBLIC RELATIONS Held a member appreciation event with agents in county 850. Held programs, T-Bone Tuesday Plus Dairy and Windsor Wednesday, to promote beef, dairy, and pork, 550. Donated to NE Iowa Food Bank, Team Reed, FFA T-shirt Sponsorship, Stress Management conference 950.

Form 990-EZ, Part III, Line 30

EDUCATION Gave scholarships to local seniors and promoted the IFBF scholarship program, 3000. Promoted Teacher Supplement Grants with all county schools and promoted winning teachers and their programs. National Teacher Appreciation Week we take nominations for local teachers thru a Facebook promotion and randomly pick 4 teachers to receive 50 in ag books for their classroom. Sponsorship for a teacher in the county to attend the National Ag in the Classroom Conference in Des Moines 1,000.

Raw XML Appendix203 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Expense Recoveries 2,414
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel 33
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, conventions, and meetings 2,048
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Equipment rental and maintenance 3,019
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies 566
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Telephone 3,350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Depreciation 4,489
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Federation Dues 36,476
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Management Expense 1,658
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Advertising Public Relations 1,470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Membership Acquisition 1,353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Dues Subscriptions 4,171
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Insurance 965
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Program Services 9,242
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Ag In The Classroom 3,961
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Board of Director Expense 2,351
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Ag Community Support 2,260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Young Farmer Activities 229
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Other 33
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Unrealized Loss on Marketable Securities -13,245
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Accounts Receivable Beginning of year 3,450, End of year 3,109
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Accounts Payable Beginning of year 2,498, End of year 4,088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Deferred Revenue Beginning of year 0, End of year 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23To create a vibrant future for agriculture, farm families their communities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24POLICY DEVELOPMENT Phone calls, emails, and face to face visits with state legislators on current ag issues such as state budget, property tax, mental health funding, water quality and soil conservation. Hosted a meeting with supervisors, engineer, and finance director to discuss county budget, roads and bridges and mental health funding. Hosted 3 town hall meeting with legislators with other counties to talk about current happenings going on during the session 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25PUBLIC RELATIONS Held a member appreciation event with agents in county 850. Held programs, T-Bone Tuesday Plus Dairy and Windsor Wednesday, to promote beef, dairy, and pork, 550. Donated to NE Iowa Food Bank, Team Reed, FFA T-shirt Sponsorship, Stress Management conference 950.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26EDUCATION Gave scholarships to local seniors and promoted the IFBF scholarship program, 3000. Promoted Teacher Supplement Grants with all county schools and promoted winning teachers and their programs. National Teacher Appreciation Week we take nominations for local teachers thru a Facebook promotion and randomly pick 4 teachers to receive 50 in ag books for their classroom. Sponsorship for a teacher in the county to attend the National Ag in the Classroom Conference in Des Moines 1,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990-EZ, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990-EZ, Part III, Line 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990-EZ, Part III, Line 30
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-21
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MAX N STUDER CPA
ReturnHeader/ReturnTs02022-05-12T10:04:42-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Randy
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Francois
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.26$0.11$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.12$0.11$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.40$0.01$1.39$1.12$0.11$1.01
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.40$0.15$0.13$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.14$0.12$0.02
2019Summary only. Only limited summary data is available for this year.$0.38$0.01$0.13$0.12$0.02
2018Summary only. Only limited summary data is available for this year.$0.36$0.00$0.13$0.11$0.02
2017Summary only. Only limited summary data is available for this year.$0.35$0.00$0.13$0.12$0.01
2016Summary only. Only limited summary data is available for this year.$0.34$0.00$0.13$0.11$0.02
2015Summary only. Only limited summary data is available for this year.$0.31$0.00$0.12$0.10$0.02
2014Summary only. Only limited summary data is available for this year.$0.30$0.00$0.13$0.11$0.02
2013Summary only. Only limited summary data is available for this year.$0.27$0.00$0.12$0.11$0.01
2012Summary only. Only limited summary data is available for this year.$0.25$0.00$0.13$0.11$0.02
2011Summary only. Only limited summary data is available for this year.$0.23$0.00$0.13$0.12$0.01