Civic Intelligence

Iowa Farm Bureau Federation

990EZ • Fiscal year 2020 • EIN 42-0680708

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 28, 2021

1102 Gilbert StreetCharles City, IA 50616

(641) 228-3742

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

69th percentile

0.01x

Higher debt load relative to revenue than 69% of similar nonprofits.

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

Net Margin

56th percentile

13%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

49th percentile

$140

Higher top officer pay than 49% of similar nonprofits.

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

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

Asset Growth

41st percentile

4.4%

Faster asset growth than 41% of similar nonprofits.

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

Revenue Growth

43rd percentile

-4.7%

Faster revenue growth than 43% of similar nonprofits.

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

Assets

Up

$407,526

Up $17,143 (+4.4%) from 2019

Net Assets

Up

$405,827

Up $19,402 (+5.0%) from 2019

Liabilities

Down

$1,699

Down $2,259 (-57%) from 2019

Revenue

Down

$136,310

Down $6,789 (-4.7%) from 2019

Expenses

Up

$118,102

Up $1,571 (+1.3%) from 2019

Net Income

Down

$18,208

Down $8,360 (-31%) from 2019

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: $176,651Liabilities 2011: $302011Assets 2012: $207,788Liabilities 2012: $1,6742012Assets 2013: $224,104Liabilities 2013: $2,8252013Assets 2014: $239,915Liabilities 2014: $4,0462014Assets 2015: $266,562Liabilities 2015: $11,5532015Assets 2016: $277,224Liabilities 2016: $5,2392016Assets 2017: $267,917Liabilities 2017: $4,2902017Assets 2018: $368,357Liabilities 2018: $10,615Net Assets 2018: $357,7422018Assets 2019: $390,383Liabilities 2019: $3,958Net Assets 2019: $386,4252019Assets 2020: $407,526Liabilities 2020: $1,699Net Assets 2020: $405,8272020Assets 2021: $432,156Liabilities 2021: $2,328Net Assets 2021: $429,8282021Assets 2022: $1,427,639Liabilities 2022: $2,737Net Assets 2022: $1,424,9022022Assets 2023: $1,478,658Liabilities 2023: $4,391Net Assets 2023: $1,474,2672023Assets 2024: $1,522,312Liabilities 2024: $4,662Net Assets 2024: $1,517,6502024

Highlighted filing

2020

Assets$407,526
Liabilities$1,699
Net Assets$405,827

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $131,368Expenses 2011: $114,512Net Income 2011: $16,8562011Revenue 2012: $127,207Expenses 2012: $99,138Net Income 2012: $28,0692012Revenue 2013: $127,761Expenses 2013: $113,943Net Income 2013: $13,8182013Revenue 2014: $133,379Expenses 2014: $120,613Net Income 2014: $12,7662014Revenue 2015: $147,160Expenses 2015: $128,821Net Income 2015: $18,3392015Revenue 2016: $146,436Expenses 2016: $131,721Net Income 2016: $14,7152016Revenue 2017: $147,308Expenses 2017: $154,357Net Income 2017: -$7,0492017Revenue 2018: $217,368Expenses 2018: $119,754Net Income 2018: $97,6142018Revenue 2019: $143,099Expenses 2019: $116,531Net Income 2019: $26,5682019Revenue 2020: $136,310Expenses 2020: $118,102Net Income 2020: $18,2082020Revenue 2021: $146,953Expenses 2021: $122,370Net Income 2021: $24,5832021Revenue 2022: $1,117,886Expenses 2022: $110,557Net Income 2022: $1,007,3292022Revenue 2023: $151,474Expenses 2023: $110,995Net Income 2023: $40,4792023Revenue 2024: $149,672Expenses 2024: $113,167Net Income 2024: $36,5052024

Highlighted filing

2020

Revenue$136,310
Expenses$118,102
Net Income$18,208
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 28, 2021
Return Version
2020v4.1
Gross Receipts
$154,300
Mission and Program Overview

Mission

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

Program Services

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

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lucian SchmittDirector-$0$140$140
Jay MatthewsFormer Director (10/20)-$0$93$93
Devon MurrayPresident-$0$20$20
Laura CunninghamVice President-$0$20$20
Carolyn MarthSecretary-$0--
Roxann BjelicaTreasurer-$0--
Becky MeyerVoting Delegate-$0--
John PearsonDirector-$0--
Jim FrisbieDirector-$0--
Timothy PaplowDirector-$0--
Robert LinesDirector-$0--
Political and Lobbying Activity
In-house lobbying only
No
Filing and Contact Details

Filer

Filer Name
Floyd County Farm Bureau
EIN
42-0680708
Phone
6412283742
Address
1102 Gilbert Street, Charles City, IA 50616

Signing Officer

Name
Devon Murray
Title
President
Phone
6412283742
Signed
2021-04-28
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other

Part III, Line 28 - Agricultural Education - The company employs an ag in the classroom coordinator who is very active in all the schools in our county. All teachers in our county were provided with a list of programs and activities prior to the school year. The teachers let the coordinator know what programs and activities they would like to participate in. Throughout the entire year the coordinator interacted with over 1,754 students and visited 110 classrooms in person and or via zoom. The coordinator taught students about water sheds, cotton, animals, food, crops, and so much more. A board member of the company works with students via skype to teach different lessons on drones, cattle, and crop production. The company also works closely with FFA students at different events, projects, and provides them with advice on different career development events.

Other

Part III, Line 29 - Community Promotions - The company was very active in developing relationships in the community to bridge the rural/urban differences. The company hosted their first Ag Mobile Learning Lab Demonstration, the company showed community members the new Ag Mobile Learning Lab. This lab features a rainfall simulator to help show both farmers and non-farmers the different conservation practices to improve our water quality. The company was also involved in county fair activities by providing donations and they worked with local food banks to provide donations. At both events they worked with community members and students to provide different ag related information. New, this year the company provided Ag Grab bags for community members and their kids that was full of ag related information.

Other

Part III, Line 30 - Policy Development - The company has a very engaged board of directors and committee structure to develop policy and then implement those policies. Company members take pride in their process of inviting members to submit issues, which are important to agriculture. These ideas are filtered through a process, which ultimately allows our members to be actively involved and participate. The company's policy committee then evaluates the response and develops a draft resolution reflecting the member's input. Members of the company were invited to share input and then a special policy meeting was held to discuss and amend (if desired) and adopt as official policy. The company's voting delegate then champions those resolutions at the annual statewide policy adoption conference. The organization then lobbies for enactment of polices, regulations, and laws to support those adopted resolutions. Success in this company is achieved by being actively engaged in activities at all levels of the government at all county, state, and national level. The company also invited a County Board of Supervisor, County Auditor, and County Assessor to different board meetings, they discussed current happenings at the county level and ways the company can continue to be involved.

Form 990EZ, Part I, Line 8

Expense Recoveries 16986.

Form 990EZ, Part I, Line 10

Dues to State Organization; Dues; Iowa Farm Bureau Federation: 5400 University Ave, West Des Moines, IA, 50266; State Organization, 35419.

Form 990EZ, Part I, Line 10

Individual Payments < $5,000 each; Donations; : , , , ; , 5233.

Form 990EZ, Part I, Line 16

Travel 65.

Form 990EZ, Part I, Line 16

Conferences, Conventions and Meetings 1822.

Form 990EZ, Part I, Line 16

Equipment Rental and Maintenance 4240.

Form 990EZ, Part I, Line 16

Office Supplies 825.

Form 990EZ, Part I, Line 16

Telephone 4629.

Form 990EZ, Part I, Line 16

Advertising and Public Relations 5267.

Form 990EZ, Part I, Line 16

Dues and Subscriptions 488.

Form 990EZ, Part I, Line 16

Insurance 1630.

Form 990EZ, Part I, Line 16

Other Program Services 4349.

Form 990EZ, Part I, Line 16

Depreciation 2506.

Form 990EZ, Part I, Line 20

Unrealized Gain (Loss) on Marketable Securities 1194.

Form 990EZ, Part II, Line 24

Accounts Receivable 5150. 4462.

Form 990EZ, Part II, Line 24

Notes Receivable 116039. 107039.

Form 990EZ, Part II, Line 26

Accounts Payable 3687. 1266.

Form 990EZ, Part II, Line 26

Payroll Liabilities 271. 433.

Raw XML Appendix226 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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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Part III-A, Line 1. 90% of dues came from persons, families, or entities who paid annual dues of $119 or less in 2020. See Rev. Proc. 2019-44.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part III, Line 28 - Agricultural Education - The company employs an ag in the classroom coordinator who is very active in all the schools in our county. All teachers in our county were provided with a list of programs and activities prior to the school year. The teachers let the coordinator know what programs and activities they would like to participate in. Throughout the entire year the coordinator interacted with over 1,754 students and visited 110 classrooms in person and or via zoom. The coordinator taught students about water sheds, cotton, animals, food, crops, and so much more. A board member of the company works with students via skype to teach different lessons on drones, cattle, and crop production. The company also works closely with FFA students at different events, projects, and provides them with advice on different career development events.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Part III, Line 29 - Community Promotions - The company was very active in developing relationships in the community to bridge the rural/urban differences. The company hosted their first Ag Mobile Learning Lab Demonstration, the company showed community members the new Ag Mobile Learning Lab. This lab features a rainfall simulator to help show both farmers and non-farmers the different conservation practices to improve our water quality. The company was also involved in county fair activities by providing donations and they worked with local food banks to provide donations. At both events they worked with community members and students to provide different ag related information. New, this year the company provided Ag Grab bags for community members and their kids that was full of ag related information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Part III, Line 30 - Policy Development - The company has a very engaged board of directors and committee structure to develop policy and then implement those policies. Company members take pride in their process of inviting members to submit issues, which are important to agriculture. These ideas are filtered through a process, which ultimately allows our members to be actively involved and participate. The company's policy committee then evaluates the response and develops a draft resolution reflecting the member's input. Members of the company were invited to share input and then a special policy meeting was held to discuss and amend (if desired) and adopt as official policy. The company's voting delegate then champions those resolutions at the annual statewide policy adoption conference. The organization then lobbies for enactment of polices, regulations, and laws to support those adopted resolutions. Success in this company is achieved by being actively engaged in activities at all levels of the government at all county, state, and national level. The company also invited a County Board of Supervisor, County Auditor, and County Assessor to different board meetings, they discussed current happenings at the county level and ways the company can continue to be involved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Expense Recoveries 16986.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues to State Organization; Dues; Iowa Farm Bureau Federation: 5400 University Ave, West Des Moines, IA, 50266; State Organization, 35419.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Individual Payments < $5,000 each; Donations; : , , , ; , 5233.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Travel 65.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Conferences, Conventions and Meetings 1822.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Equipment Rental and Maintenance 4240.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Office Supplies 825.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Telephone 4629.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Advertising and Public Relations 5267.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Dues and Subscriptions 488.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Insurance 1630.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Other Program Services 4349.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Depreciation 2506.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Unrealized Gain (Loss) on Marketable Securities 1194.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Accounts Receivable 5150. 4462.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Notes Receivable 116039. 107039.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Accounts Payable 3687. 1266.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Payroll Liabilities 271. 433.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part II, Line 26
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ReturnHeader/BusinessOfficerGrp/PersonNm0Devon Murray
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ReturnHeader/BusinessOfficerGrp/PhoneNum06412283742
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Floyd County Farm Bureau
ReturnHeader/Filer/BusinessNameControlTxt0FLOY
ReturnHeader/Filer/EIN0420680708
ReturnHeader/Filer/PhoneNum06412283742
ReturnHeader/Filer/USAddress/AddressLine1Txt01102 Gilbert Street
ReturnHeader/Filer/USAddress/CityNm0Charles City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050616
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Iowa Farm Bureau Federation
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05400 University Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Des Moines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050266
ReturnHeader/PreparerPersonGrp/PhoneNum05152255400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James Gardner
ReturnHeader/ReturnTs02021-11-11T11:48:38-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Devon
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Murray
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.00$1.52$0.15$0.11$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.47$0.15$0.11$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.42$1.12$0.11$1.01
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.15$0.12$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.14$0.12$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.14$0.12$0.03
2018Summary only. Only limited summary data is available for this year.$0.37$0.01$0.36$0.22$0.12$0.10
2017Summary only. Only limited summary data is available for this year.$0.27$0.00$0.15$0.15$0.01
2016Summary only. Only limited summary data is available for this year.$0.28$0.01$0.15$0.13$0.01
2015Summary only. Only limited summary data is available for this year.$0.27$0.01$0.15$0.13$0.02
2014Summary only. Only limited summary data is available for this year.$0.24$0.00$0.13$0.12$0.01
2013Summary only. Only limited summary data is available for this year.$0.22$0.00$0.13$0.11$0.01
2012Summary only. Only limited summary data is available for this year.$0.21$0.00$0.13$0.10$0.03
2011Summary only. Only limited summary data is available for this year.$0.18$0.00$0.13$0.11$0.02