Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
EIN 42-0681397 • 501(c)5 • Spirit Lake, IA
Profile
To create a vibrant future for agriculture, farm families and their communities.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
54th percentile
Higher net margin than 54% of similar nonprofits.
Top Officer Pay
67th percentile
Higher top officer pay than 67% of similar nonprofits.
Top officer pay equals 0.1% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Assets
Up$1,269,858
Up $9,932 (+0.8%) from 2023
Liabilities
Up$4,034
Up $1,191 (+42%) from 2023
Net Assets
Up$1,265,824
Up $8,741 (+0.7%) from 2023
Revenue
Up$100,097
Up $14,651 (+17%) from 2023
Expenses
Up$91,465
Up $17,531 (+24%) from 2023
Net Income
Down$8,632
Down $2,880 (-25%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Schedule O
To create a vibrant future for agriculture, farm families and their communities.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $995,176 | $995,176 | → $0 |
| Savings and Temporary Cash Investments | $120,125 | $124,032 | ▲ $3,907 |
| Land, Buildings, and Equipment, Net | $62,528 | $61,595 | ▼ $933 |
| Cash and Non-Interest-Bearing Accounts | $48,364 | $49,613 | ▲ $1,249 |
| Investments in Publicly Traded Securities | $31,000 | $33,124 | ▲ $2,124 |
| Accounts Receivable | $2,733 | $6,318 | ▲ $3,585 |
| Total Assets | $1,259,926 | $1,269,858 | ▲ $9,932 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $2,843 | $4,034 | ▲ $1,191 |
| Total Liabilities | $2,843 | $4,034 | ▲ $1,191 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,257,083 | $1,265,824 | ▲ $8,741 |
| Total Net Assets Fund Balance | $1,257,083 | $1,265,824 | ▲ $8,741 |
| Total Liabilities and Net Assets / Fund Balance | $1,259,926 | $1,269,858 | ▲ $9,932 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $35,320 | $55,786 | $91,106 |
| Land | $24,900 | - | $24,900 |
| Equipment | $1,375 | $8,466 | $9,841 |
| Other Securities | $995,176 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 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 |
| Name | Title | Other | Total |
|---|---|---|---|
| Dan Dreeszen | Treasurer | $50 | $50 |
| Emily Boettcher | Vice President | $50 | $50 |
| Larry Smith | Secretary | $50 | $50 |
| Vance Hjelm | President | $50 | $50 |
| Ben Ashland | Director | $50 | $50 |
| Elwood Johnson Jr | Director | $50 | $50 |
| Name | Title |
|---|---|
| Kristi Peck | Director |
| Gary Rouse | Former Director (10/24) |
| Shane Bush | Voting Delegate |
| Line Item | Amount |
|---|---|
| Other Expenses | $53,357 |
| Salaries, Compensation, and Employee Benefits | $30,508 |
| Grants and Similar Amounts Paid | $7,600 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $0 | $0 | $0 | $27,846 |
| Payments to Affiliates | $0 | $0 | $0 | $17,820 |
| Advertising | $0 | $0 | $0 | $11,614 |
| Office Expenses | $0 | $0 | $0 | $8,847 |
| Grants to Domestic Orgs | $0 | - | - | $7,100 |
| Conferences and Meetings | $0 | $0 | $0 | $4,426 |
| Travel | $0 | $0 | $0 | $3,815 |
| Payroll Taxes | $0 | $0 | $0 | $2,214 |
| Fees for Services Accounting | $0 | $0 | $0 | $1,060 |
| Fees for Services Management | $0 | $0 | $0 | $810 |
| Insurance | $0 | $0 | $0 | $552 |
| Grants to Domestic Individuals | $0 | - | - | $500 |
| Current Officers, Directors, Trustees, and Key Employees | $0 | $0 | $0 | $300 |
| Depreciation Depletion | $0 | $0 | $0 | $246 |
| Fees for Service Investment Mgmnt Fees | $0 | $0 | $0 | $162 |
| Other Employee Benefits | $0 | $0 | $0 | $148 |
| Other Expenses | $0 | $0 | $0 | $81 |
| Total Functional Expenses | $0 | $0 | $0 | $91,465 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Dickinson County Extension | Spirit Lake, IA | N/a | General donation | $7,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“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.”
“The organizations members elect the Board of Directors.”
“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.”
“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.”
“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.”
“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.”
“Part III, Line 4a - Public Policy - Promoted the issue surfacing and issue prioritization process, getting members to participate through electronic or paper surveys. Dickinson 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. Members represented the County Farm Bureau on school task forces to work on school finance and long-term planning that directly affects property taxes of Dickinson County members.”
“Part III, Line 4b - Education and Agriculture in the Classroom - Promoted scholarship opportunities for members, awarding two scholarships to high school seniors in 2024. Sponsored local young farmer members to attend the Iowa Farm Bureau Young Farmer Conference to assist members with leadership development, educational opportunities in the fields of conservation and commodity markets. Enhanced the County Agriculture in the Classroom program, where students from all the public school districts in Dickinson County participated. We also host Ag Days at the Jones Dairy Farm every spring for all schools.”
“Part III, Line 4c - Public Relations - Organized a promotion to support local food pantries during National Agriculture Week in March and participated in marketing opportunities at farmers markets and libraries to tell the story of agriculture. We also attend the farmers market at Arnolds Park to promote the importance of agriculture. During Ag Week we partner with the agent to do trivia questions.”
“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.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 2843 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4034 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 2733 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 6318 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | To create a vibrant future for agriculture, farm families and their communities. |
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| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 11614 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7123363289 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO Box A 605 18th Street |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Spirit Lake |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 51360 |
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| IRS990/BusinessRlnWithFamMemInd | 0 | false |
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| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 48364 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 49613 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 300 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
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| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 4426 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYContributionsGrantsAmt | 0 | 16778 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 7600 |
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| IRS990/CYOtherExpensesAmt | 0 | 53357 |
| IRS990/CYOtherRevenueAmt | 0 | 11520 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 40500 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 8632 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 30508 |
| IRS990/CYTotalExpensesAmt | 0 | 91465 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 100097 |
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| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
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| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 246 |
| IRS990/Desc | 0 | See Schedule O. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
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| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
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| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
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| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 0 |
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| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/MissionDesc | 0 | To create a vibrant future for agriculture, farm families and their communities. |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1265824 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1265824 |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
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| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 148 |
| IRS990/OtherExpensesGrp/Desc | 0 | Dues and subscriptions |
| IRS990/OtherExpensesGrp/Desc | 1 | Membership acquisition |
| IRS990/OtherExpensesGrp/Desc | 2 | Other program services |
| IRS990/OtherExpensesGrp/Desc | 3 | Miscellaneous |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 0 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 0 |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 110 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2148 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 81 |
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| IRS990/OtherRevenueMiscGrp/Desc | 0 | Expense recoveries |
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| IRS990/PartialLiquidationInd | 0 | false |
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| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 17820 |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Membership dues |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | See Schedule O. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | See Schedule O. |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt | 0 | Part 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/FormAndLineReferenceDesc | 0 | Other |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 1.00000 |
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| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 1065494 |
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| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | CFBRDT, LLC |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt V, Line 4 |
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| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 995176 |
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| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | N/A |
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| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 426021419 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 1600 15th St |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Spirit Lake |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 51360 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | Grant requests are accepted from non-profit organizations that are aligned with the mission and goals of the Dickinson County Farm Bureau. Disbursements of funds are approved by the Board of Directors. Monitoring of awarded grants may include one or more of the following: a site visit to grant recipient, phone contact or file notes. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt I Line 2 |
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| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The organizations members elect the Board of Directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Part III, Line 4a - Public Policy - Promoted the issue surfacing and issue prioritization process, getting members to participate through electronic or paper surveys. Dickinson 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. Members represented the County Farm Bureau on school task forces to work on school finance and long-term planning that directly affects property taxes of Dickinson County members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Part III, Line 4b - Education and Agriculture in the Classroom - Promoted scholarship opportunities for members, awarding two scholarships to high school seniors in 2024. Sponsored local young farmer members to attend the Iowa Farm Bureau Young Farmer Conference to assist members with leadership development, educational opportunities in the fields of conservation and commodity markets. Enhanced the County Agriculture in the Classroom program, where students from all the public school districts in Dickinson County participated. We also host Ag Days at the Jones Dairy Farm every spring for all schools. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Part III, Line 4c - Public Relations - Organized a promotion to support local food pantries during National Agriculture Week in March and participated in marketing opportunities at farmers markets and libraries to tell the story of agriculture. We also attend the farmers market at Arnolds Park to promote the importance of agriculture. During Ag Week we partner with the agent to do trivia questions. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other |
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| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | true |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
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