Civic Intelligence

Iowa Farm Bureau Federation

990EZ • Fiscal year 2020 • EIN 42-0680722

Jan 01, 2020 to Dec 31, 2020 • Filed on May 14, 2021

205 W South StreetMount Ayr, IA 50854

(641) 464-2606

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

79th percentile

29%

Higher net margin than 79% of similar nonprofits.

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

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

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

Asset Growth

55th percentile

9.7%

Faster asset growth than 55% of similar nonprofits.

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

Revenue Growth

45th percentile

-4.2%

Faster revenue growth than 45% of similar nonprofits.

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

Assets

Up

$240,753

Up $21,196 (+9.7%) from 2019

Net Assets

$239,396

No earlier filing loaded for comparison.

Liabilities

Down

$1,357

Down $221 (-14%) from 2019

Revenue

Down

$74,821

Down $3,306 (-4.2%) from 2019

Expenses

Down

$53,404

Down $14,201 (-21%) from 2019

Net Income

Up

$21,417

Up $10,895 (+104%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $130,005Liabilities 2010: $3522010Assets 2011: $137,711Liabilities 2011: $712011Assets 2012: $146,271Liabilities 2012: $1,6302012Assets 2013: $154,812Liabilities 2013: $9712013Assets 2014: $163,064Liabilities 2014: $1,2972014Assets 2015: $174,423Liabilities 2015: $2,5332015Assets 2016: $183,176Liabilities 2016: $1,2012016Assets 2017: $198,670Liabilities 2017: $1,4962017Assets 2018: $208,794Liabilities 2018: $1,3372018Assets 2019: $219,557Liabilities 2019: $1,5782019Assets 2020: $240,753Liabilities 2020: $1,357Net Assets 2020: $239,3962020Assets 2021: $261,494Liabilities 2021: $26Net Assets 2021: $261,4682021Assets 2022: $1,261,558Liabilities 2022: $1,501Net Assets 2022: $1,260,0572022Assets 2023: $1,276,282Liabilities 2023: $929Net Assets 2023: $1,275,3532023Assets 2024: $1,292,344Liabilities 2024: $1,264Net Assets 2024: $1,291,0802024

Highlighted filing

2020

Assets$240,753
Liabilities$1,357
Net Assets$239,396

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2010: $63,929Expenses 2010: $56,585Net Income 2010: $7,3442010Revenue 2011: $63,500Expenses 2011: $55,513Net Income 2011: $7,9872011Revenue 2012: $59,824Expenses 2012: $52,823Net Income 2012: $7,0012012Revenue 2013: $64,256Expenses 2013: $55,056Net Income 2013: $9,2002013Revenue 2014: $64,725Expenses 2014: $56,799Net Income 2014: $7,9262014Revenue 2015: $65,693Expenses 2015: $55,570Net Income 2015: $10,1232015Revenue 2016: $75,478Expenses 2016: $65,393Net Income 2016: $10,0852016Revenue 2017: $69,654Expenses 2017: $54,455Net Income 2017: $15,1992017Revenue 2018: $67,992Expenses 2018: $57,709Net Income 2018: $10,2832018Revenue 2019: $78,127Expenses 2019: $67,605Net Income 2019: $10,5222019Revenue 2020: $74,821Expenses 2020: $53,404Net Income 2020: $21,4172020Revenue 2021: $78,849Expenses 2021: $53,319Net Income 2021: $25,5302021Revenue 2022: $1,071,961Expenses 2022: $61,513Net Income 2022: $1,010,4482022Revenue 2023: $81,924Expenses 2023: $70,401Net Income 2023: $11,5232023Revenue 2024: $88,822Expenses 2024: $73,658Net Income 2024: $15,1642024

Highlighted filing

2020

Revenue$74,821
Expenses$53,404
Net Income$21,417
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 14, 2021
Return Version
2020v4.1
Gross Receipts
$74,821
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
RYAN BAILEYPresident-$0--
DAVID BRENEMANVice President-$0--
JOY GOINSSecretarytreasurer-$0--
COLBY HOLMESVoting Delegate-$0--
BRAD CRANDELLDirector-$0--
ALLE BAILEYDirector-$0--
ANN WERNERDirector-$0--
JIM GOINSDirector-$0--
ROD FARISDirector-$0--
J P WHITTINGTONDirector-$0--
BEV MCGINNISDirector-$0--
POLLY HARTSOOKDirector-$0--
DANIEL GRAHAMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ringgold County Farm Bureau
EIN
42-0680722
Phone
6414642606
Address
205 W SOUTH STREET, MOUNT AYR, IA 50854

Signing Officer

Name
Tim Prunty
Title
Regional Manager
Signed
2021-05-14
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 10,746

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

Conferences, conventions, and meetings 461

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

Equipment rental and maintenance 369

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

Supplies 2,432

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

Telephone 6,875

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

Federation Dues 15,223

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

Management Expense 692

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

Advertising Public Relations 652

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

Membership Acquisition 366

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

Dues Subscriptions 1,763

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

Insurance 912

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

Program Services 644

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

Ag In The Classroom 178

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

Board of Director Expense 521

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

Ag Community Support 4,100

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

Miscellaneous 1

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

Accounts Receivable Beginning of year 1,455, End of year 1,427

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

Accounts Payable Beginning of year 1,578, End of year 1,357

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

Public Policy The Company is very active in their Policy Development and Policy Implementation activities. An opinionnaire is sent to approximately 150 members each year with issues dealing with local, state, and national issues. Proposed resolutions are formulated and presented at a board meeting and thoroughly debated and amended. Adopted resolutions are then supported by the voting delegate at the state policy conference. The Companys board and members then support local and state policy by contacting the representatives and lawmakers. The Company hosts Legislative forum meetings every month to stay in touch with lawmakers. The Company board members attend meetings held at the capital to support Farm Bureau Policy. The Company meets National representatives to discuss national issues at the regional board meeting.

Form 990-EZ, Part III, Line 29

Ag Education The Company is a strong supporter of agricultural education. The Company has worked very hard at keeping agricultural education in the local schools. We have had an employee devoted to focusing on getting ag education into the classrooms of Mount Ayr School system, by taking games, lessons, activity sheets, food samples, and books etc. into various age groups and classes to connect the students to the importance of agriculture. We ran newspaper and radio advertising to promote agriculture during Ag Week and challenged the listeners with quizzes over the air. The Company awarded nine scholarships. The Company continues to work with the local FFA Chapters and 4-H Clubs to promote agriculture in the community.

Form 990-EZ, Part III, Line 30

Public Relations We promote FFA and 4-H special shows with donations and donations to three local food banks. The Company supports as many of the local businesses when they need to make a purchase of items, including grocery store, implement dealers, small restaurants, and use the local newspapers and radio station to place ads and promote agriculture as much as possible.

Raw XML Appendix198 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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Expense Recoveries 10,746
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, conventions, and meetings 461
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equipment rental and maintenance 369
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies 2,432
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Telephone 6,875
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Federation Dues 15,223
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Management Expense 692
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Advertising Public Relations 652
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Membership Acquisition 366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Dues Subscriptions 1,763
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Insurance 912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Program Services 644
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Ag In The Classroom 178
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Board of Director Expense 521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Ag Community Support 4,100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Miscellaneous 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Accounts Receivable Beginning of year 1,455, End of year 1,427
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Accounts Payable Beginning of year 1,578, End of year 1,357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18To create a vibrant future for agriculture, farm families their communities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Public Policy The Company is very active in their Policy Development and Policy Implementation activities. An opinionnaire is sent to approximately 150 members each year with issues dealing with local, state, and national issues. Proposed resolutions are formulated and presented at a board meeting and thoroughly debated and amended. Adopted resolutions are then supported by the voting delegate at the state policy conference. The Companys board and members then support local and state policy by contacting the representatives and lawmakers. The Company hosts Legislative forum meetings every month to stay in touch with lawmakers. The Company board members attend meetings held at the capital to support Farm Bureau Policy. The Company meets National representatives to discuss national issues at the regional board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Ag Education The Company is a strong supporter of agricultural education. The Company has worked very hard at keeping agricultural education in the local schools. We have had an employee devoted to focusing on getting ag education into the classrooms of Mount Ayr School system, by taking games, lessons, activity sheets, food samples, and books etc. into various age groups and classes to connect the students to the importance of agriculture. We ran newspaper and radio advertising to promote agriculture during Ag Week and challenged the listeners with quizzes over the air. The Company awarded nine scholarships. The Company continues to work with the local FFA Chapters and 4-H Clubs to promote agriculture in the community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Public Relations We promote FFA and 4-H special shows with donations and donations to three local food banks. The Company supports as many of the local businesses when they need to make a purchase of items, including grocery store, implement dealers, small restaurants, and use the local newspapers and radio station to place ads and promote agriculture as much as possible.
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 II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990-EZ, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990-EZ, Part III, Line 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990-EZ, Part III, Line 30
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ReturnHeader/BusinessOfficerGrp/PersonNm0Tim Prunty
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Regional Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
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ReturnHeader/Filer/BusinessNameControlTxt0RING
ReturnHeader/Filer/EIN0420680722
ReturnHeader/Filer/PhoneNum06414642606
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ReturnHeader/Filer/USAddress/CityNm0MOUNT AYR
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ReturnHeader/Filer/USAddress/ZIPCd050854
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050322
ReturnHeader/PreparerPersonGrp/PhoneNum05152701446
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MAX N STUDER CPA
ReturnHeader/ReturnTs02021-05-14T12:47:22-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Tim Prunty
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Regional Manager
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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.$1.29$0.00$1.29$0.09$0.07$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.08$0.07$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$1.07$0.06$1.01
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.08$0.05$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.07$0.05$0.02
2019Summary only. Only limited summary data is available for this year.$0.22$0.00$0.08$0.07$0.01
2018Summary only. Only limited summary data is available for this year.$0.21$0.00$0.07$0.06$0.01
2017Summary only. Only limited summary data is available for this year.$0.20$0.00$0.07$0.05$0.02
2016Summary only. Only limited summary data is available for this year.$0.18$0.00$0.08$0.07$0.01
2015Summary only. Only limited summary data is available for this year.$0.17$0.00$0.07$0.06$0.01
2014Summary only. Only limited summary data is available for this year.$0.16$0.00$0.06$0.06$0.01
2013Summary only. Only limited summary data is available for this year.$0.15$0.00$0.06$0.06$0.01
2012Summary only. Only limited summary data is available for this year.$0.15$0.00$0.06$0.05$0.01
2011Summary only. Only limited summary data is available for this year.$0.14$0.00$0.06$0.06$0.01
2010Summary only. Only limited summary data is available for this year.$0.13$0.00$0.06$0.06$0.01