Civic Intelligence

Iowa Farm Bureau Federation

990EZ • Fiscal year 2020 • EIN 42-0680738

Jan 01, 2020 to Dec 31, 2020 • Filed on May 24, 2021

PO Box 32 115 West CourtWinterset, IA 50273

(515) 462-2661

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Higher debt load relative to assets than 63% 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

24th percentile

-1.5%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

48th percentile

$45

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

29th percentile

0.2%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

61st percentile

0.8%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Up

$451,275

Up $677 (+0.2%) from 2019

Net Assets

$449,020

No earlier filing loaded for comparison.

Liabilities

Down

$2,255

Down $1,240 (-35%) from 2019

Revenue

Up

$130,733

Up $1,031 (+0.8%) from 2019

Expenses

Up

$132,718

Up $20,262 (+18%) from 2019

Net Income

Down

-$1,985

Down $19,231 (-112%) 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: $255,825Liabilities 2011: $02011Assets 2012: $278,235Liabilities 2012: $2,0702012Assets 2013: $279,783Liabilities 2013: $2,3242013Assets 2014: $295,723Liabilities 2014: $4,1002014Assets 2015: $368,754Liabilities 2015: $2,490Net Assets 2015: $366,2642015Assets 2016: $389,072Liabilities 2016: $2,2762016Assets 2017: $413,713Liabilities 2017: $2,6782017Assets 2018: $420,693Liabilities 2018: $3,5492018Assets 2019: $450,598Liabilities 2019: $3,4952019Assets 2020: $451,275Liabilities 2020: $2,255Net Assets 2020: $449,0202020Assets 2021: $478,224Liabilities 2021: $2,401Net Assets 2021: $475,8232021Assets 2022: $1,451,385Liabilities 2022: $2,313Net Assets 2022: $1,449,0722022Assets 2023: $1,471,105Liabilities 2023: $1,867Net Assets 2023: $1,469,2382023Assets 2024: $1,503,119Liabilities 2024: $3,659Net Assets 2024: $1,499,4602024

Highlighted filing

2020

Assets$451,275
Liabilities$2,255
Net Assets$449,020

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $147,820Expenses 2011: $143,733Net Income 2011: $4,0872011Revenue 2012: $138,305Expenses 2012: $125,711Net Income 2012: $12,5942012Revenue 2013: $137,560Expenses 2013: $131,842Net Income 2013: $5,7182013Revenue 2014: $145,709Expenses 2014: $135,455Net Income 2014: $10,2542014Revenue 2015: $193,537Expenses 2015: $113,844Net Income 2015: $79,6932015Revenue 2016: $130,561Expenses 2016: $112,469Net Income 2016: $18,0922016Revenue 2017: $131,407Expenses 2017: $115,105Net Income 2017: $16,3022017Revenue 2018: $130,973Expenses 2018: $114,489Net Income 2018: $16,4842018Revenue 2019: $129,702Expenses 2019: $112,456Net Income 2019: $17,2462019Revenue 2020: $130,733Expenses 2020: $132,718Net Income 2020: -$1,9852020Revenue 2021: $130,037Expenses 2021: $111,821Net Income 2021: $18,2162021Revenue 2022: $1,127,989Expenses 2022: $134,813Net Income 2022: $993,1762022Revenue 2023: $164,783Expenses 2023: $128,334Net Income 2023: $36,4492023Revenue 2024: $155,810Expenses 2024: $131,704Net Income 2024: $24,1062024

Highlighted filing

2020

Revenue$130,733
Expenses$132,718
Net Income-$1,985
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 24, 2021
Return Version
2020v4.1
Gross Receipts
$130,733
Mission and Program Overview

Mission

Schedule O

Program Services

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

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF RIDGWAYPresident-$0$45$45
ROBERT WITT JRVice President-$0$45$45
JODIE BEACHSecretary-$0$45$45
JAMES BAURTreasurer-$0$45$45
JOHN LA FRATTEVoting Delegate-$0$45$45
PAT LYNCHDirector-$0$45$45
DREW VAN LAARDirector-$0$45$45
JEFF KOCHDirector-$0$45$45
DAN HANRAHANDirector-$0$45$45
DIANE LAIRDirector-$0$45$45
JUSTIN SULLIVANDirector-$0$45$45
DWIGHT HONNOLDDirector-$0$45$45
LARRY WILDINDirector-$0$45$45
Filing and Contact Details

Filer

Filer Name
Madison County Farm Bureau
EIN
42-0680738
Phone
5154622661
Address
PO BOX 32 115 WEST COURT, WINTERSET, IA 50273

Signing Officer

Name
Tim Prunty
Title
Regional Manager
Signed
2021-05-24
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 3,159

Form 990-EZ, Part I, Line 10, Grants Paid

Activity Donation, Grantee Madison County Foundation for Environmental Education PO Box 129 Winterset IA 50273, Cash Grant 25,000, Relationship Donor

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

Travel 20

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

Conferences, conventions, and meetings 4,099

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

Equipment rental and maintenance 2,919

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

Supplies 687

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

Telephone 3,873

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

Depreciation 275

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

Federation Dues 39,487

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

Management Expense 1,795

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

Advertising Public Relations 475

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

Membership Acquisition 926

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

Dues Subscriptions 3,915

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

Insurance 1,242

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

Program Services 1,669

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

Board of Director Expense 1,185

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

Ag Community Support 6,550

Form 990-EZ, Part I, Line 20, Net Assets

Unrealized Gain on Marketable Securities 3,902

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

Accounts Receivable Beginning of year 2,130, End of year 2,463

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

Notes Receivable Beginning of year 49,852, End of year 41,996

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

Accounts Payable Beginning of year 3,495, End of year 2,255

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 266 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 a regional board meeting.

Form 990-EZ, Part III, Line 29

Ag Education The Company is a strong supporter of agricultural education. The Company awarded 4 scholarships that totaled 2,500. 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 The company sponsors and hosts the Madison county Fair queen contest, a photo contest promoting agriculture in the pictures in five different classes with a wide variety of ages from kids to adults during the county fair. The company will give donations to the local schools for their after-prom parties to help promote safe proms. The company will buy trophies for the County Fair from the local commodity groups. The company donated Platte Books to the Winterset Firefighters Association. Donation was given to the local food pantry. We donate to 4-H clubs that clean trash along the Madison County Farm Bureaus assigned Adopt-A-Highway area and donated to the local SWCD.

Raw XML Appendix221 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VOTING DELEGATE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Expense Recoveries 3,159
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Donation, Grantee Madison County Foundation for Environmental Education PO Box 129 Winterset IA 50273, Cash Grant 25,000, Relationship Donor
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel 20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, conventions, and meetings 4,099
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Equipment rental and maintenance 2,919
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Supplies 687
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Telephone 3,873
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Depreciation 275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Federation Dues 39,487
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Management Expense 1,795
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Advertising Public Relations 475
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Membership Acquisition 926
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Dues Subscriptions 3,915
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Insurance 1,242
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Program Services 1,669
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Board of Director Expense 1,185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Ag Community Support 6,550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Unrealized Gain on Marketable Securities 3,902
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Accounts Receivable Beginning of year 2,130, End of year 2,463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Notes Receivable Beginning of year 49,852, End of year 41,996
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Accounts Payable Beginning of year 3,495, End of year 2,255
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21To create a vibrant future for agriculture, farm families their communities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Public Policy The Company is very active in their Policy Development and Policy Implementation activities. An opinionnaire is sent to approximately 266 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 a regional board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23Ag Education The Company is a strong supporter of agricultural education. The Company awarded 4 scholarships that totaled 2,500. The Company continues to work with the local FFA Chapters and 4-H Clubs to promote agriculture in the community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24Public Relations The company sponsors and hosts the Madison county Fair queen contest, a photo contest promoting agriculture in the pictures in five different classes with a wide variety of ages from kids to adults during the county fair. The company will give donations to the local schools for their after-prom parties to help promote safe proms. The company will buy trophies for the County Fair from the local commodity groups. The company donated Platte Books to the Winterset Firefighters Association. Donation was given to the local food pantry. We donate to 4-H clubs that clean trash along the Madison County Farm Bureaus assigned Adopt-A-Highway area and donated to the local SWCD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10, Grants Paid
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 I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990-EZ, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990-EZ, Part III, Line 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990-EZ, Part III, Line 30
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Regional Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-24
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ReturnHeader/Filer/EIN0420680738
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ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 32 115 WEST COURT
ReturnHeader/Filer/USAddress/CityNm0WINTERSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050273
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GARDINERCOMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010555 New York Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Des Moines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050322
ReturnHeader/PreparerPersonGrp/PhoneNum05152701446
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MAX N STUDER CPA
ReturnHeader/ReturnTs02021-06-09T10:59:48-00:00
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
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.00$1.50$0.16$0.13$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.00$1.47$0.16$0.13$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.00$1.45$1.13$0.13$0.99
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.00$0.48$0.13$0.11$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.13$0.13$0.00
2019Summary only. Only limited summary data is available for this year.$0.45$0.00$0.13$0.11$0.02
2018Summary only. Only limited summary data is available for this year.$0.42$0.00$0.13$0.11$0.02
2017Summary only. Only limited summary data is available for this year.$0.41$0.00$0.13$0.12$0.02
2016Summary only. Only limited summary data is available for this year.$0.39$0.00$0.13$0.11$0.02
2015Summary only. Only limited summary data is available for this year.$0.37$0.00$0.37$0.19$0.11$0.08
2014Summary only. Only limited summary data is available for this year.$0.30$0.00$0.15$0.14$0.01
2013Summary only. Only limited summary data is available for this year.$0.28$0.00$0.14$0.13$0.01
2012Summary only. Only limited summary data is available for this year.$0.28$0.00$0.14$0.13$0.01
2011Summary only. Only limited summary data is available for this year.$0.26$0.00$0.15$0.14$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)5 • <$500k nonprofits