Civic Intelligence

Iowa Farm Bureau Federation

EIN 42-0381665 • 501(c)5 • Hiawatha, IA

Profile

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

1323 Boyson RoadHiawatha, IA 52233

n/A

Siviq Scores

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

Liabilities / Assets

34th percentile

0.00x

Higher debt load relative to assets than 34% of similar nonprofits.

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

Liabilities / Revenue

48th percentile

0.01x

Higher debt load relative to revenue than 48% of similar nonprofits.

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

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

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

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

41st percentile

3.3%

Faster asset growth than 41% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

18%

Faster revenue growth than 78% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,045,783

Up $129,075 (+3.3%) from 2023

Liabilities

Down

$5,185

Down $3,948 (-43%) from 2023

Net Assets

Up

$4,040,598

Up $133,023 (+3.4%) from 2023

Revenue

Up

$461,179

Up $68,826 (+18%) from 2023

Expenses

Up

$378,436

Up $20,760 (+5.8%) from 2023

Net Income

Up

$82,743

Up $48,066 (+139%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,815,834Liabilities 2010: $84Net Assets 2010: $1,815,7502010Assets 2011: $1,893,801Liabilities 2011: $157Net Assets 2011: $1,893,6442011Assets 2012: $1,987,404Liabilities 2012: $7,149Net Assets 2012: $1,980,2552012Assets 2013: $2,074,846Liabilities 2013: $10,717Net Assets 2013: $2,064,1292013Assets 2014: $2,164,114Liabilities 2014: $8,908Net Assets 2014: $2,155,2062014Assets 2015: $2,388,149Liabilities 2015: $6,654Net Assets 2015: $2,381,4952015Assets 2016: $2,575,996Liabilities 2016: $6,020Net Assets 2016: $2,569,9762016Assets 2017: $2,632,398Liabilities 2017: $4,562Net Assets 2017: $2,627,8362017Assets 2018: $2,750,686Liabilities 2018: $52,608Net Assets 2018: $2,698,0782018Assets 2019: $2,698,183Liabilities 2019: $3,938Net Assets 2019: $2,694,2452019Assets 2020: $2,876,646Liabilities 2020: $38,451Net Assets 2020: $2,838,1952020Assets 2021: $2,911,337Liabilities 2021: $10,782Net Assets 2021: $2,900,5552021Assets 2022: $3,806,010Liabilities 2022: $19,979Net Assets 2022: $3,786,0312022Assets 2023: $3,916,708Liabilities 2023: $9,133Net Assets 2023: $3,907,5752023Assets 2024: $4,045,783Liabilities 2024: $5,185Net Assets 2024: $4,040,5982024

Highlighted filing

2024

Assets$4,045,783
Liabilities$5,185
Net Assets$4,040,598

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $329,139Expenses 2010: $234,915Net Income 2010: $94,2242010Revenue 2011: $294,142Expenses 2011: $221,726Net Income 2011: $72,4162011Revenue 2012: $316,411Expenses 2012: $229,995Net Income 2012: $86,4162012Revenue 2013: $314,297Expenses 2013: $241,257Net Income 2013: $73,0402013Revenue 2014: $316,293Expenses 2014: $238,774Net Income 2014: $77,5192014Revenue 2015: $465,531Expenses 2015: $244,987Net Income 2015: $220,5442015Revenue 2016: $405,598Expenses 2016: $231,975Net Income 2016: $173,6232016Revenue 2017: $342,013Expenses 2017: $275,449Net Income 2017: $66,5642017Revenue 2018: $350,332Expenses 2018: $266,266Net Income 2018: $84,0662018Revenue 2019: $350,752Expenses 2019: $383,972Net Income 2019: -$33,2202019Revenue 2020: $387,026Expenses 2020: $288,495Net Income 2020: $98,5312020Revenue 2021: $397,423Expenses 2021: $322,975Net Income 2021: $74,4482021Revenue 2022: $1,324,116Expenses 2022: $350,565Net Income 2022: $973,5512022Revenue 2023: $392,353Expenses 2023: $357,676Net Income 2023: $34,6772023Revenue 2024: $461,179Expenses 2024: $378,436Net Income 2024: $82,7432024

Highlighted filing

2024

Revenue$461,179
Expenses$378,436
Net Income$82,743

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.05$0.01$4.04$0.46$0.38$0.08
2023Detailed filing. Detailed filing data is available for this year.$3.92$0.01$3.91$0.39$0.36$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.02$3.79$1.32$0.35$0.97
2021Detailed filing. Detailed filing data is available for this year.$2.91$0.01$2.90$0.40$0.32$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.88$0.04$2.84$0.39$0.29$0.10
2019Summary only. Only limited summary data is available for this year.$2.70$0.00$2.69$0.35$0.38$0.03
2018Summary only. Only limited summary data is available for this year.$2.75$0.05$2.70$0.35$0.27$0.08
2017Summary only. Only limited summary data is available for this year.$2.63$0.00$2.63$0.34$0.28$0.07
2016Summary only. Only limited summary data is available for this year.$2.58$0.01$2.57$0.41$0.23$0.17
2015Summary only. Only limited summary data is available for this year.$2.39$0.01$2.38$0.47$0.24$0.22
2014Summary only. Only limited summary data is available for this year.$2.16$0.01$2.16$0.32$0.24$0.08
2013Summary only. Only limited summary data is available for this year.$2.07$0.01$2.06$0.31$0.24$0.07
2012Summary only. Only limited summary data is available for this year.$1.99$0.01$1.98$0.32$0.23$0.09
2011Summary only. Only limited summary data is available for this year.$1.89$0.00$1.89$0.29$0.22$0.07
2010Summary only. Only limited summary data is available for this year.$1.82$0.00$1.82$0.33$0.23$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.2
Gross Receipts
$944,875
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,488,689$1,431,064▼ $57,625
Investments in Publicly Traded Securities$1,013,668$1,166,373▲ $152,705
Investments Other Securities$995,455$995,455→ $0
Savings and Temporary Cash Investments$395,196$438,546▲ $43,350
Accounts Receivable$23,700$14,345▼ $9,355
Total Assets$3,916,708$4,045,783▲ $129,075
Liabilities
Accounts Payable and Accrued Expenses$9,133$5,185▼ $3,948
Total Liabilities$9,133$5,185▼ $3,948
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,907,575$4,040,598▲ $133,023
Total Net Assets Fund Balance$3,907,575$4,040,598▲ $133,023
Total Liabilities and Net Assets / Fund Balance$3,916,708$4,045,783▲ $129,075

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,162,308$1,133,658$2,295,966
Land$265,487-$265,487
Equipment$3,269$61,311$64,580
Other Securities$995,176--
Closely Held Equity Interests$279--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,035,200-▲ $55,670$25,215$1,065,494
2023$1,006,715-▲ $53,223$24,600$1,035,200
2022$0$995,176▲ $11,539-$1,006,715
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joshua HenikPresident
Joe SperfslageVice President
Alanna NietertDirector
Brett BrannamanDirector
Duane BoltonDirector
Jason RussellDirector
Jim GreifDirector
Matt PriceDirector
Michael BrannamanDirector
Mitchell ZumbachDirector
Noram HlasDirector
Ryan BurnsDirector
Spencer JordanDirector
Tim KeeganDirector
Doug RiceDirector (11/24)
John SmithDirector (11/24)
Brian LenschFormer Director (10/24)
Dave PrasilSecretary/Treasurer
Nathan HofmannVoting Delegate
Revenue and Support

Revenue Composition

Contributions and Grants
$77,876
Program Service Revenue
$279,680
Investment Income
$98,832
Other Revenue
$4,791
Change in Net Assets
$82,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$276,767
Salaries, Compensation, and Employee Benefits$95,739
Grants and Similar Amounts Paid$5,930
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$0$0$0$153,824
Other Salaries and Wages$0$0$0$78,209
Office Expenses$0$0$0$30,375
Fees for Services Other$0$0$0$19,718
Conferences and Meetings$0$0$0$17,639
Other Employee Benefits$0$0$0$11,320
Fees for Service Investment Mgmnt Fees$0$0$0$8,089
Travel$0$0$0$7,276
Fees for Services Accounting$0$0$0$7,242
Fees for Services Management$0$0$0$6,992
Payroll Taxes$0$0$0$6,210
Grants to Domestic Individuals$0--$3,500
Insurance$0$0$0$2,690
Grants to Domestic Orgs$0--$2,430
Advertising$0$0$0$1,939
Depreciation Depletion$0$0$0$1,623
Other Expenses$0$0$0$1,499
Occupancy$0$0$0$885
Total Functional Expenses$0$0$0$378,436
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Iowa Farm Bureau Federation
EIN
42-0381665
Phone
3193933276
Address
1323 Boyson Road, Hiawatha, IA 52233
Doing Business As
Linn County Farm Bureau

Signing Officer

Name
Dave Prasil
Title
Secretary/Treasurer
Phone
3193933276
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
1914
Legal Domicile
Ia
Voting Board Members
18
Independent Board Members
18
Employees
2
Volunteers
18

Preparer

Firm
Iowa Farm Bureau Federation
Address
5400 University Ave, West Des Moines, IA 50266
Preparer
Timothy Bigley
Phone
5152255400
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The organization has members. Any person may be a county Farm Bureau member. All county Farm Bureau members have voting rights and the same access to member benefits.

Pt VI, Line 7A

The organizations members elect the Board of Directors.

Pt VI, Line 7B

Certain rights are reserved to members of the organization, including: 1) elect the Board of Directors, including the voting delegate to the Iowa Farm Bureau Federation, 2) adopt amendments to the Articles of Incorporation, and 3) adopt amendments to those bylaws designated as member bylaws.

Pt VI, Line 11B

Management reviews the documents and presents the return to all members of the governing body. Following final board approval, the return is signed by an officer and submitted to the IRS.

Pt VI, Line 12C

On an annual basis, all officers, directors, and key employees are required to sign a statement which affirms that they have: 1) received a copy of the conflict of interest policy, 2) read and understood the policy, 3) agreed to comply with the policy, 4) understand that the Organization is tax-exempt and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose. A sub-committee, comprised of non-conflicted Board of Directors, annually receives all conflict of interest information, reviews, and determines if there are conflicts of interest. The committee then reports its findings back to the Board.

Pt VI, Line 19

The Organization does not make its governing documents, conflict of interest policy, or financial statements available for public inspection. Pursuant to state law, some documents may be available to members.

Other

Part III, Line 4a - Education and AITC - The Education Outreach Program Coordinators provided lesson plans for students and teachers to incorporate agriculture into the classrooms, including community outreach throughout the summer, through their blog, and Facebook page. The Education Outreach Program reached 3,330 students, grades Pre-K-12, in 171 different classrooms with over 468 lessons taught. Along with in-person and virtual classroom visits, the Education Outreach Program of the Linn County Farm Bureau organized a two-day workshop for local educators and teachers to provide lessons and resources they could incorporate into their classroom curriculum.

Other

Part III, Line 4b - Policy Development - The County Farm Bureau asked members to surface and prioritize issues that are important to local agricultural operations. They then created an opinionnaire to be distributed to the membership to gauge the importance of local, state, and national issues. The County Farm Bureau developed county resolutions of importance to be delivered by the Voting Delegate to the state delegate body. Member leaders also engaged with local, state, and national elected officials to lobby for the policies important to the agricultural community.

Other

Part III, Line 4c - County Promotions - Linn County Farm Bureau donated to the Linn County Fair. They also held their membership appreciation dinner at the fair for their members and others. Sandwiches, sides, chips, and dessert were available for the members to eat with their family for free. Also available were games and prizes for the children provided by the Ag in the Classroom program.

Pt VI, Line 2

Brett Brannaman and Michael Brannaman have a family relationship.

Financial Statement Notes

Pt V, Line 4

The Board designated funds are invested in a diversified portfolio that will provide a source of investment income to support the Organizations programs on a long-term basis.

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IRS990/Form990PartVIISectionAGrp/PersonNm3Nathan Hofmann
IRS990/Form990PartVIISectionAGrp/PersonNm4Duane Bolton
IRS990/Form990PartVIISectionAGrp/PersonNm5Brett Brannaman
IRS990/Form990PartVIISectionAGrp/PersonNm6Michael Brannaman
IRS990/Form990PartVIISectionAGrp/PersonNm7Ryan Burns
IRS990/Form990PartVIISectionAGrp/PersonNm8Jim Greif
IRS990/Form990PartVIISectionAGrp/PersonNm9Noram Hlas
IRS990/Form990PartVIISectionAGrp/PersonNm10Spencer Jordan
IRS990/Form990PartVIISectionAGrp/PersonNm11Tim Keegan
IRS990/Form990PartVIISectionAGrp/PersonNm12Alanna Nietert
IRS990/Form990PartVIISectionAGrp/PersonNm13Matt Price
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IRS990/Form990PartVIISectionAGrp/PersonNm15Jason Russell
IRS990/Form990PartVIISectionAGrp/PersonNm16John Smith
IRS990/Form990PartVIISectionAGrp/PersonNm17Mitchell Zumbach
IRS990/Form990PartVIISectionAGrp/PersonNm18Brian Lensch
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Voting Delegate
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt16Director (11/24)
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