Civic Intelligence

Iowa Farm Bureau Federation

EIN 42-0680700 • 501(c)5 • Audubon, IA

Profile

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

202 N Market StreetAudubon, IA 50025-7526

n/A

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.00x

Higher debt load relative to assets than 42% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.04x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

38th percentile

3.4%

Higher net margin than 38% of similar nonprofits.

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

Top Officer Pay

22nd percentile

$87

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

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

Asset Growth

28th percentile

0.3%

Faster asset growth than 28% of similar nonprofits.

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

Revenue Growth

32nd percentile

1.3%

Faster revenue growth than 32% of similar nonprofits.

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

Assets

Up

$1,193,599

Up $3,218 (+0.3%) from 2023

Liabilities

Down

$3,517

Down $49 (-1.4%) from 2023

Net Assets

Up

$1,190,082

Up $3,267 (+0.3%) from 2023

Revenue

Up

$95,656

Up $1,248 (+1.3%) from 2023

Expenses

Up

$92,389

Up $684 (+0.7%) from 2023

Net Income

Up

$3,267

Up $564 (+21%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $122,963Liabilities 2011: $02011Assets 2012: $132,814Liabilities 2012: $2,0392012Assets 2013: $134,404Liabilities 2013: $2,2192013Assets 2014: $140,114Liabilities 2014: $2,5432014Assets 2015: $145,841Liabilities 2015: $1,3632015Assets 2016: $151,908Liabilities 2016: $9932016Assets 2017: $161,813Liabilities 2017: $1,5342017Assets 2018: $165,902Liabilities 2018: $1,6482018Assets 2019: $172,032Liabilities 2019: $3,8792019Assets 2020: $184,640Liabilities 2020: $1,789Net Assets 2020: $182,8512020Assets 2021: $188,479Liabilities 2021: $1,741Net Assets 2021: $186,7382021Assets 2022: $1,187,009Liabilities 2022: $2,897Net Assets 2022: $1,184,1122022Assets 2023: $1,190,381Liabilities 2023: $3,566Net Assets 2023: $1,186,8152023Assets 2024: $1,193,599Liabilities 2024: $3,517Net Assets 2024: $1,190,0822024

Highlighted filing

2024

Assets$1,193,599
Liabilities$3,517
Net Assets$1,190,082

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2011: $72,808Expenses 2011: $63,582Net Income 2011: $9,2262011Revenue 2012: $94,317Expenses 2012: $86,501Net Income 2012: $7,8162012Revenue 2013: $91,697Expenses 2013: $90,287Net Income 2013: $1,4102013Revenue 2014: $93,206Expenses 2014: $87,820Net Income 2014: $5,3862014Revenue 2015: $78,372Expenses 2015: $71,465Net Income 2015: $6,9072015Revenue 2016: $78,446Expenses 2016: $72,009Net Income 2016: $6,4372016Revenue 2017: $71,279Expenses 2017: $61,915Net Income 2017: $9,3642017Revenue 2018: $72,159Expenses 2018: $68,184Net Income 2018: $3,9752018Revenue 2019: $74,728Expenses 2019: $70,829Net Income 2019: $3,8992019Revenue 2020: $72,355Expenses 2020: $57,657Net Income 2020: $14,6982020Revenue 2021: $77,665Expenses 2021: $73,778Net Income 2021: $3,8872021Revenue 2022: $1,081,815Expenses 2022: $84,441Net Income 2022: $997,3742022Revenue 2023: $94,408Expenses 2023: $91,705Net Income 2023: $2,7032023Revenue 2024: $95,656Expenses 2024: $92,389Net Income 2024: $3,2672024

Highlighted filing

2024

Revenue$95,656
Expenses$92,389
Net Income$3,267

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.10$0.09$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.09$0.09$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.18$1.08$0.08$1.00
2021Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.08$0.07$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.07$0.06$0.01
2019Summary only. Only limited summary data is available for this year.$0.17$0.00$0.07$0.07$0.00
2018Summary only. Only limited summary data is available for this year.$0.17$0.00$0.07$0.07$0.00
2017Summary only. Only limited summary data is available for this year.$0.16$0.00$0.07$0.06$0.01
2016Summary only. Only limited summary data is available for this year.$0.15$0.00$0.08$0.07$0.01
2015Summary only. Only limited summary data is available for this year.$0.15$0.00$0.08$0.07$0.01
2014Summary only. Only limited summary data is available for this year.$0.14$0.00$0.09$0.09$0.01
2013Summary only. Only limited summary data is available for this year.$0.13$0.00$0.09$0.09$0.00
2012Summary only. Only limited summary data is available for this year.$0.13$0.00$0.09$0.09$0.01
2011Summary only. Only limited summary data is available for this year.$0.12$0.00$0.07$0.06$0.01
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
$159,658
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,100,008$1,099,009▼ $999
Savings and Temporary Cash Investments$53,416$57,797▲ $4,381
Land, Buildings, and Equipment, Net$29,381$27,003▼ $2,378
Accounts Receivable$7,526$9,740▲ $2,214
Cash and Non-Interest-Bearing Accounts$50$50→ $0
Total Assets$1,190,381$1,193,599▲ $3,218
Liabilities
Accounts Payable and Accrued Expenses$3,566$3,517▼ $49
Total Liabilities$3,566$3,517▼ $49
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,186,815$1,190,082▲ $3,267
Total Net Assets Fund Balance$1,186,815$1,190,082▲ $3,267
Total Liabilities and Net Assets / Fund Balance$1,190,381$1,193,599▲ $3,218

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,514$75,558$95,072
Equipment$1,489$9,515$11,004
Land$6,000-$6,000
Other Securities$995,176--

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

Employees

NameTitleOtherTotal
Blake NelsonPresident$87$87
Cole ChristensenTreasurer$87$87
Joel PetersenVice President$87$87
Randy DreherVoting Delegate$87$87
Adam HansenDirector$87$87
Bryan SvobodaDirector$87$87
Jeff GladeDirector$87$87

Board Members and Trustees

NameTitle
Cole BruchDirector
Kory LauridsenDirector
Steve BrinkmanDirector
Chase St PeterDirector (11/24)
Grant KleverSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$8,849
Program Service Revenue
$28,000
Investment Income
$28,161
Other Revenue
$30,646
All Other Contributions
$625
Change in Net Assets
$3,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$48,544
Other Expenses$37,119
Grants and Similar Amounts Paid$6,726
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$44,434
Payments to Affiliates$0$0$0$12,320
Office Expenses$0$0$0$9,989
Conferences and Meetings$0$0$0$5,686
Grants to Domestic Orgs$0--$4,476
Payroll Taxes$0$0$0$3,440
Travel$0$0$0$2,411
Grants to Domestic Individuals$0--$2,250
Advertising$0$0$0$1,568
Fees for Services Accounting$0$0$0$810
Current Officers, Directors, Trustees, and Key Employees$0$0$0$609
Fees for Services Management$0$0$0$560
Insurance$0$0$0$540
Depreciation Depletion$0$0$0$426
Other Expenses$0$0$0$193
Other Employee Benefits$0$0$0$61
Total Functional Expenses$0$0$0$92,389
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
42-0680700
Phone
7125633594
Address
202 N Market Street, Audubon, IA 50025-7526
Doing Business As
Audubon County Farm Bureau

Signing Officer

Name
Blake Nelson
Title
President
Phone
7125633594
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
1918
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
15

Preparer

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

Additional Explanations

Other

Part III, Line 4a - Policy Development - During the year, members are asked to surface ideas important to them, their business, and/or their rural community. They are also asked to complete a survey, sharing feedback on the topics that were submitted. These ideas are considered for future organizational policy. A committee reviews the information that is submitted, and all Farm Bureau members are invited to join in on the process further by discussing the topics and information with the committee at the Policy Development Meeting. The Voting Delegate representing the organization shares the policies and topics put together by their county at the statewide policy development conference. State-adopted policies are lobbied for with intent to be implemented as soon as possible. Nationally adopted policies are presented at the American Farm Bureau Annual Meeting by the Iowa Voting Delegates. Members meet with county personnel (Supervisors, Engineer, etc.) throughout the year to stay abreast of the issues the county is facing and encourage the elected officials to keep agriculture top of mind when they are making decisions affecting our rural community.

Other

Part III, Line 4b - Ag in the Classroom - The County Farm Bureau has an employee that focuses a percentage of time on Ag in the Classroom programming and opportunities for the residents in Audubon County. Audubon County Farm Bureau keeps in communication with educators, FFA Advisors and schools, promoting resources and grant opportunities available to incorporate agriculture in their classrooms. The County Farm Bureau hosts an agriculture-focused day for all 4th graders. The County Farm Bureau provided hands-on STEM resources to both elementary schools in the county throughout the year. The county provides scholarships for graduating seniors and supports the 4-H, FFA, and other youth programs in the county.

Other

Part III, Line 4c - Agriculture Promotions - Promoting agriculture is an important part of our mission. For example, the County Farm Bureau participates in the summer parades, handing out water bottles with water quality facts. They make monetary donations to the food pantries in the county. We celebrate National Ag Week during the month of March by hosting agriculture-themed radio ads on the local radio station. The County Farm Bureau hosts a free tailgate event before the county schools football game. We are involved in the Audubon County Fair, hosting a luncheon for all exhibitors and the pedal tractor pulls. Audubon County Farm Bureau supports financially, many events, educational programs, and opportunities throughout the year.

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.

Pt VI, Line 2

Steve Brinkman and Cole Bruch 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/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Blake Nelson
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IRS990/ProgSrvcAccomActy2Grp/Desc0See Schedule O.
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Part III-A, Line 1. 90% of dues came from persons, families, or entities who paid annual dues of $140 or less in 2024. See Rev. Proc. 2023-34.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part III, Line 4a - Policy Development - During the year, members are asked to surface ideas important to them, their business, and/or their rural community. They are also asked to complete a survey, sharing feedback on the topics that were submitted. These ideas are considered for future organizational policy. A committee reviews the information that is submitted, and all Farm Bureau members are invited to join in on the process further by discussing the topics and information with the committee at the Policy Development Meeting. The Voting Delegate representing the organization shares the policies and topics put together by their county at the statewide policy development conference. State-adopted policies are lobbied for with intent to be implemented as soon as possible. Nationally adopted policies are presented at the American Farm Bureau Annual Meeting by the Iowa Voting Delegates. Members meet with county personnel (Supervisors, Engineer, etc.) throughout the year to stay abreast of the issues the county is facing and encourage the elected officials to keep agriculture top of mind when they are making decisions affecting our rural community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Part III, Line 4b - Ag in the Classroom - The County Farm Bureau has an employee that focuses a percentage of time on Ag in the Classroom programming and opportunities for the residents in Audubon County. Audubon County Farm Bureau keeps in communication with educators, FFA Advisors and schools, promoting resources and grant opportunities available to incorporate agriculture in their classrooms. The County Farm Bureau hosts an agriculture-focused day for all 4th graders. The County Farm Bureau provided hands-on STEM resources to both elementary schools in the county throughout the year. The county provides scholarships for graduating seniors and supports the 4-H, FFA, and other youth programs in the county.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Part III, Line 4c - Agriculture Promotions - Promoting agriculture is an important part of our mission. For example, the County Farm Bureau participates in the summer parades, handing out water bottles with water quality facts. They make monetary donations to the food pantries in the county. We celebrate National Ag Week during the month of March by hosting agriculture-themed radio ads on the local radio station. The County Farm Bureau hosts a free tailgate event before the county schools football game. We are involved in the Audubon County Fair, hosting a luncheon for all exhibitors and the pedal tractor pulls. Audubon County Farm Bureau supports financially, many events, educational programs, and opportunities throughout the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organizations members elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Certain 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Management 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7On 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Steve Brinkman and Cole Bruch have a family relationship.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 11b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 2

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