Civic Intelligence

Iowa Farm Bureau Federation

EIN 42-0680727 • 501(c)5 • Ottumwa, IA

Profile

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

322 E 4th StOttumwa, IA 52501

n/A

Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

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

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

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

Net Margin

56th percentile

9.5%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

$1M-$5M nonprofits • Source year 2021

Asset Growth

31st percentile

0.6%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

79th percentile

17%

Faster revenue growth than 79% of similar nonprofits.

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

Assets

Up

$1,217,707

Up $7,620 (+0.6%) from 2023

Liabilities

Down

$827

Down $2,251 (-73%) from 2023

Net Assets

Up

$1,216,880

Up $9,871 (+0.8%) from 2023

Revenue

Up

$103,993

Up $15,392 (+17%) from 2023

Expenses

Up

$94,122

Up $15,436 (+20%) from 2023

Net Income

Down

$9,871

Down $44 (-0.4%) 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: $70,643Liabilities 2011: $1,4182011Assets 2012: $84,308Liabilities 2012: $3,0992012Assets 2013: $98,648Liabilities 2013: $1,3612013Assets 2014: $110,961Liabilities 2014: $1,1242014Assets 2015: $120,264Liabilities 2015: $1,7712015Assets 2016: $126,454Liabilities 2016: $9432016Assets 2017: $141,729Liabilities 2017: $3,2042017Assets 2018: $162,031Liabilities 2018: $2,6412018Assets 2019: $171,389Liabilities 2019: $2,206Net Assets 2019: $169,1832019Assets 2020: $184,518Liabilities 2020: $2,816Net Assets 2020: $181,7022020Assets 2021: $197,698Liabilities 2021: $3,414Net Assets 2021: $194,2842021Assets 2022: $1,200,429Liabilities 2022: $3,335Net Assets 2022: $1,197,0942022Assets 2023: $1,210,087Liabilities 2023: $3,078Net Assets 2023: $1,207,0092023Assets 2024: $1,217,707Liabilities 2024: $827Net Assets 2024: $1,216,8802024

Highlighted filing

2024

Assets$1,217,707
Liabilities$827
Net Assets$1,216,880

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2011: $75,461Expenses 2011: $69,933Net Income 2011: $5,5282011Revenue 2012: $63,210Expenses 2012: $51,226Net Income 2012: $11,9842012Revenue 2013: $66,741Expenses 2013: $50,663Net Income 2013: $16,0782013Revenue 2014: $67,651Expenses 2014: $55,101Net Income 2014: $12,5502014Revenue 2015: $66,420Expenses 2015: $57,764Net Income 2015: $8,6562015Revenue 2016: $67,492Expenses 2016: $60,474Net Income 2016: $7,0182016Revenue 2017: $88,559Expenses 2017: $75,548Net Income 2017: $13,0112017Revenue 2018: $85,369Expenses 2018: $64,501Net Income 2018: $20,8682018Revenue 2019: $80,095Expenses 2019: $70,302Net Income 2019: $9,7932019Revenue 2020: $85,748Expenses 2020: $73,229Net Income 2020: $12,5192020Revenue 2021: $79,946Expenses 2021: $67,364Net Income 2021: $12,5822021Revenue 2022: $1,078,152Expenses 2022: $75,342Net Income 2022: $1,002,8102022Revenue 2023: $88,601Expenses 2023: $78,686Net Income 2023: $9,9152023Revenue 2024: $103,993Expenses 2024: $94,122Net Income 2024: $9,8712024

Highlighted filing

2024

Revenue$103,993
Expenses$94,122
Net Income$9,871

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$0.10$0.09$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.09$0.08$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$1.08$0.08$1.00
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.19$0.08$0.07$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.09$0.07$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.08$0.07$0.01
2018Summary only. Only limited summary data is available for this year.$0.16$0.00$0.09$0.06$0.02
2017Summary only. Only limited summary data is available for this year.$0.14$0.00$0.09$0.08$0.01
2016Summary only. Only limited summary data is available for this year.$0.13$0.00$0.07$0.06$0.01
2015Summary only. Only limited summary data is available for this year.$0.12$0.00$0.07$0.06$0.01
2014Summary only. Only limited summary data is available for this year.$0.11$0.00$0.07$0.06$0.01
2013Summary only. Only limited summary data is available for this year.$0.10$0.00$0.07$0.05$0.02
2012Summary only. Only limited summary data is available for this year.$0.08$0.00$0.06$0.05$0.01
2011Summary only. Only limited summary data is available for this year.$0.07$0.00$0.08$0.07$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
$103,993
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$995,183$995,183→ $0
Savings and Temporary Cash Investments$132,861$189,906▲ $57,045
Cash and Non-Interest-Bearing Accounts$80,537$30,715▼ $49,822
Accounts Receivable$1,506$1,903▲ $397
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,210,087$1,217,707▲ $7,620
Liabilities
Accounts Payable and Accrued Expenses$3,078$827▼ $2,251
Total Liabilities$3,078$827▼ $2,251
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,207,009$1,216,880▲ $9,871
Total Net Assets Fund Balance$1,207,009$1,216,880▲ $9,871
Total Liabilities and Net Assets / Fund Balance$1,210,087$1,217,707▲ $7,620

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$542$542
Land$0--
Other Securities$995,176--
Closely Held Equity Interests$7--

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
Nathan YeagerDirector$125$125
David ProseDirector$70$70
Colin JohnsonPresident$35$35
Don SwansonDirector$35$35
Calvin Van GenderenVoting Delegate$25$25
Danae GiltnerSecretary$25$25
Larry KinsingerDirector$10$10

Board Members and Trustees

NameTitle
Alex SwanstromVice President
Kevin SloanDirector
Cecil ReedDirector (11/24)
Charles BrownFormer Director (10/24)
Kyle MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$23,585
Program Service Revenue
$47,790
Investment Income
$32,618
Other Revenue
$0
Change in Net Assets
$9,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,147
Grants and Similar Amounts Paid$4,650
Salaries, Compensation, and Employee Benefits$325
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$0$0$0$23,364
Fees for Services Other$0$0$0$20,834
Conferences and Meetings$0$0$0$10,104
Advertising$0$0$0$6,598
Grants to Domestic Orgs$0--$4,650
Occupancy$0$0$0$3,000
Office Expenses$0$0$0$2,988
Travel$0$0$0$1,671
Fees for Services Accounting$0$0$0$1,312
Fees for Services Management$0$0$0$1,062
Insurance$0$0$0$991
Current Officers, Directors, Trustees, and Key Employees$0$0$0$325
Other Expenses$0$0$0$57
Total Functional Expenses$0$0$0$94,122
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
42-0680727
Phone
6416828714
Address
322 E 4th St, Ottumwa, IA 52501
Doing Business As
Wapello County Farm Bureau

Signing Officer

Name
Colin Johnson
Title
President
Phone
6416828714
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
1917
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
0
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

Other

Part III, Line 4a - Public Policy - Promoted the policy development process, receiving participation from over 100 members through electronic surveys. Wapello County Farm Bureau volunteers met with elected officials at a state, national, and local level to promote agriculture and advocate for issues important to members. Issues included property tax relief, rural safety, and secondary roads.

Other

Part III, Line 4b - Agriculture Education and Ag in the Classroom - Sponsored local young farmer members to attend the Iowa Farm Bureau Young Farmer Conference and partnered with Southeastern Community College to offer a Collegiate Farm Bureau program to assist students with leadership development, educational opportunities in the fields of conservation and commodity markets. Partnered with the local extension office to provide Ag in the Classroom Programming to kindergarten students in Wapello County.

Other

Part III, Line 4c - Public Relations - Sponsored media programming to highlight the importance of agriculture to Wapello County. Organized a promotion to support local soup kitchen during National Agriculture Week. Sponsored a large community event to highlight the economic impact of Wapello County agriculture.

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.

Form 990, Part IX, Line 11G

Contract labor 20834.

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/MissionDesc0To create a vibrant future for agriculture, farm families and their communities.
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IRS990/OtherExpensesGrp/Desc0Dues and subscriptions
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IRS990/OtherExpensesGrp/Desc2Other program services
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IRS990/OtherExpensesGrp/ProgramServicesAmt30
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IRS990/OtherExpensesGrp/TotalAmt1111
IRS990/OtherExpensesGrp/TotalAmt214608
IRS990/OtherExpensesGrp/TotalAmt357
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Colin Johnson
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0Membership dues
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IRS990/ProgSrvcAccomActy2Grp/Desc0See Schedule O.
IRS990/ProgSrvcAccomActy3Grp/Desc0See Schedule O.
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IRS990/PYTotalRevenueAmt088601
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0189906
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
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.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01065494
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt055670
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0138
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0542
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0542
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0995176
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CFBRDT, LLC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
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IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part III, Line 4a - Public Policy - Promoted the policy development process, receiving participation from over 100 members through electronic surveys. Wapello County Farm Bureau volunteers met with elected officials at a state, national, and local level to promote agriculture and advocate for issues important to members. Issues included property tax relief, rural safety, and secondary roads.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Part III, Line 4b - Agriculture Education and Ag in the Classroom - Sponsored local young farmer members to attend the Iowa Farm Bureau Young Farmer Conference and partnered with Southeastern Community College to offer a Collegiate Farm Bureau program to assist students with leadership development, educational opportunities in the fields of conservation and commodity markets. Partnered with the local extension office to provide Ag in the Classroom Programming to kindergarten students in Wapello County.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Part III, Line 4c - Public Relations - Sponsored media programming to highlight the importance of agriculture to Wapello County. Organized a promotion to support local soup kitchen during National Agriculture Week. Sponsored a large community event to highlight the economic impact of Wapello County agriculture.
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/ExplanationTxt9Contract labor 20834.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 11g
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IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01210087
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