Civic Intelligence

Iowa Farm Bureau Federation

EIN 42-0681037 • 501(c)5 • Indianola, IA

Profile

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

200 West 2nd Ave Ste BIndianola, IA 50125

n/A

Siviq Scores

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

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

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

Liabilities / Revenue

52nd percentile

0.02x

Higher debt load relative to revenue than 52% of similar nonprofits.

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

Net Margin

66th percentile

15%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

21st percentile

$40

Higher top officer pay than 21% of similar nonprofits.

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

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

Asset Growth

49th percentile

5.3%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

82nd percentile

21%

Faster revenue growth than 82% of similar nonprofits.

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

Assets

Up

$1,919,074

Up $95,744 (+5.3%) from 2023

Liabilities

Up

$3,403

Up $931 (+38%) from 2023

Net Assets

Up

$1,915,671

Up $94,813 (+5.2%) from 2023

Revenue

Up

$205,922

Up $36,057 (+21%) from 2023

Expenses

Up

$175,818

Up $14,029 (+8.7%) from 2023

Net Income

Up

$30,104

Up $22,028 (+273%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $575,293Liabilities 2010: $2,510Net Assets 2010: $572,7832010Assets 2011: $586,894Liabilities 2011: $651Net Assets 2011: $586,2432011Assets 2012: $610,330Liabilities 2012: $6,659Net Assets 2012: $603,6712012Assets 2013: $622,872Liabilities 2013: $6,327Net Assets 2013: $616,5452013Assets 2014: $640,435Liabilities 2014: $4,358Net Assets 2014: $636,0772014Assets 2015: $653,077Liabilities 2015: $5,318Net Assets 2015: $647,7592015Assets 2016: $679,195Liabilities 2016: $4,971Net Assets 2016: $674,2242016Assets 2017: $671,027Liabilities 2017: $6,375Net Assets 2017: $664,6522017Assets 2018: $652,017Liabilities 2018: $4,442Net Assets 2018: $647,5752018Assets 2019: $703,899Liabilities 2019: $3,832Net Assets 2019: $700,0672019Assets 2020: $743,753Liabilities 2020: $2,783Net Assets 2020: $740,9702020Assets 2021: $790,898Liabilities 2021: $2,400Net Assets 2021: $788,4982021Assets 2022: $1,731,238Liabilities 2022: $3,182Net Assets 2022: $1,728,0562022Assets 2023: $1,823,330Liabilities 2023: $2,472Net Assets 2023: $1,820,8582023Assets 2024: $1,919,074Liabilities 2024: $3,403Net Assets 2024: $1,915,6712024

Highlighted filing

2024

Assets$1,919,074
Liabilities$3,403
Net Assets$1,915,671

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $166,303Expenses 2010: $146,219Net Income 2010: $20,0842010Revenue 2011: $157,835Expenses 2011: $146,542Net Income 2011: $11,2932011Revenue 2012: $190,267Expenses 2012: $172,916Net Income 2012: $17,3512012Revenue 2013: $214,089Expenses 2013: $209,501Net Income 2013: $4,5882013Revenue 2014: $205,160Expenses 2014: $199,563Net Income 2014: $5,5972014Revenue 2015: $178,363Expenses 2015: $172,585Net Income 2015: $5,7782015Revenue 2016: $180,095Expenses 2016: $168,902Net Income 2016: $11,1932016Revenue 2017: $166,409Expenses 2017: $167,035Net Income 2017: -$6262017Revenue 2018: $158,531Expenses 2018: $164,575Net Income 2018: -$6,0442018Revenue 2019: $211,447Expenses 2019: $174,182Net Income 2019: $37,2652019Revenue 2020: $167,215Expenses 2020: $145,712Net Income 2020: $21,5032020Revenue 2021: $210,523Expenses 2021: $149,800Net Income 2021: $60,7232021Revenue 2022: $1,153,626Expenses 2022: $167,796Net Income 2022: $985,8302022Revenue 2023: $169,865Expenses 2023: $161,789Net Income 2023: $8,0762023Revenue 2024: $205,922Expenses 2024: $175,818Net Income 2024: $30,1042024

Highlighted filing

2024

Revenue$205,922
Expenses$175,818
Net Income$30,104

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.21$0.18$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.17$0.16$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$1.15$0.17$0.99
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.21$0.15$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.17$0.15$0.02
2019Summary only. Only limited summary data is available for this year.$0.70$0.00$0.70$0.21$0.17$0.04
2018Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$0.16$0.16$0.01
2017Summary only. Only limited summary data is available for this year.$0.67$0.01$0.66$0.17$0.17$0.00
2016Summary only. Only limited summary data is available for this year.$0.68$0.00$0.67$0.18$0.17$0.01
2015Summary only. Only limited summary data is available for this year.$0.65$0.01$0.65$0.18$0.17$0.01
2014Summary only. Only limited summary data is available for this year.$0.64$0.00$0.64$0.21$0.20$0.01
2013Summary only. Only limited summary data is available for this year.$0.62$0.01$0.62$0.21$0.21$0.00
2012Summary only. Only limited summary data is available for this year.$0.61$0.01$0.60$0.19$0.17$0.02
2011Summary only. Only limited summary data is available for this year.$0.59$0.00$0.59$0.16$0.15$0.01
2010Summary only. Only limited summary data is available for this year.$0.58$0.00$0.57$0.17$0.15$0.02
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
$431,408
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$995,598$995,598→ $0
Investments in Publicly Traded Securities$777,745$885,750▲ $108,005
Savings and Temporary Cash Investments$46,684$33,978▼ $12,706
Accounts Receivable$2,835$3,467▲ $632
Land, Buildings, and Equipment, Net$468$281▼ $187
Total Assets$1,823,330$1,919,074▲ $95,744
Liabilities
Accounts Payable and Accrued Expenses$2,472$3,403▲ $931
Total Liabilities$2,472$3,403▲ $931
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,820,858$1,915,671▲ $94,813
Total Net Assets Fund Balance$1,820,858$1,915,671▲ $94,813
Total Liabilities and Net Assets / Fund Balance$1,823,330$1,919,074▲ $95,744

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$281$1,030$1,311
Land$0--
Other Securities$995,176--
Closely Held Equity Interests$422--

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
Adam HillVoting Delegate$40$40
Austin SpearTreasurer$40$40
Myles ThompsonVice President$40$40
Zachary PrestonPresident$40$40
Beth ReynoldsDirector$40$40
Brad KaufmanDirector$40$40
Keith HenryDirector$40$40
Virginia StriegelFormer Director (10/24)$40$40

Board Members and Trustees

NameTitle
Arianna PalmerDirector
Brad BallDirector
Josh JensenDirector
Katelyn HarshDirector
Kurt MoffittDirector
Mary Jo OhnemusDirector
Mekenze CortumDirector
Paul MeadDirector
Ray DittmerDirector
Duane OhnemusFormer Director (10/24)
Cortney GarringtonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$29,851
Program Service Revenue
$103,880
Investment Income
$72,191
Other Revenue
$0
Change in Net Assets
$30,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,184
Salaries, Compensation, and Employee Benefits$53,326
Grants and Similar Amounts Paid$11,308
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$0$0$0$57,112
Other Salaries and Wages$0$0$0$47,701
Conferences and Meetings$0$0$0$13,109
Office Expenses$0$0$0$9,828
Grants to Domestic Individuals$0--$8,000
Fees for Service Investment Mgmnt Fees$0$0$0$7,174
Occupancy$0$0$0$6,084
Payroll Taxes$0$0$0$3,813
Grants to Domestic Orgs$0--$3,308
Fees for Services Accounting$0$0$0$2,846
Fees for Services Management$0$0$0$2,596
Other Expenses$0$0$0$2,077
Advertising$0$0$0$1,993
Other Employee Benefits$0$0$0$1,492
Insurance$0$0$0$1,090
Travel$0$0$0$1,001
Current Officers, Directors, Trustees, and Key Employees$0$0$0$320
Depreciation Depletion$0$0$0$187
Total Functional Expenses$0$0$0$175,818
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
42-0681037
Phone
5159616261
Address
200 West 2nd Ave Ste B, Indianola, IA 50125
Doing Business As
Warren County Farm Bureau

Signing Officer

Name
Zachary Preston
Title
President
Phone
5159616261
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
1917
Legal Domicile
Ia
Voting Board Members
17
Independent Board Members
17
Employees
2
Volunteers
34

Preparer

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

Additional Explanations

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.

Other

Part III, Line 4a - Public Policy - The company is very active in their policy development and policy implementation activities. An opinionnaire is sent to approximately 406 members each year regarding 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 representatives and lawmakers. The company hosts legislative forum meetings regularly to stay in touch with lawmakers. The company board members attend meetings held at the Capitol to support Farm Bureau policy. The company meets national representatives to discuss national issues at a regional board meeting.

Other

Part III, Line 4b - 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. Many schools have tried to cut agriculture education out of the school budget, and the company has worked diligently to keep it in the schools. The company provides teachers from the local schools with information and materials to present to their classes. The company awarded scholarships. The company continues to work with the local FFA chapters to develop agriculture days for elementary students. The company sponsored a learning tent at the county fair to promote agriculture to local youth and adults, which included agricultural education presentations for all ages and hands-on exhibits explaining livestock and agricultural production. Teacher professional development opportunities are held by the company that include farm tours to local farms and agribusinesses. Monthly emails are sent to teachers throughout the county with lessons, activities, and materials available for them to utilize. Book donations are made to local classrooms, students, and libraries throughout the year.

Other

Part III, Line 4c - Public Relations - The company sponsored a day at the county fair with trivia and prizes as giveaways. The company sponsored a learning tent at the fair to help promote agriculture to local youth and adults, which included agricultural education presentations for all ages and hands-on exhibits explaining livestock and agricultural production to youth. The company holds a bi-annual farm-to-table dinner where local farms and foods are featured. A county-wide cookout contest is also held annually promoting real meat and protein. Social media is utilized to promote member benefits, agricultural facts, agriculture in the classroom, and education. The company makes an annual donation to a local food pantry each year.

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/Form990PartVIISectionAGrp/PersonNm4Adam Hill
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IRS990/Form990PartVIISectionAGrp/PersonNm15Arianna Palmer
IRS990/Form990PartVIISectionAGrp/PersonNm16Beth Reynolds
IRS990/Form990PartVIISectionAGrp/PersonNm17Duane Ohnemus
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