Civic Intelligence

Iowa Farm Bureau Federation

990EZ • Fiscal year 2020 • EIN 42-0685001

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 26, 2021

409 Second StreetIda Grove, IA 51445

(712) 364-2931

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.02x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

61st percentile

16%

Higher net margin than 61% 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

30th percentile

0.6%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

44th percentile

-4.4%

Faster revenue growth than 44% of similar nonprofits.

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

Assets

Up

$245,540

Up $1,437 (+0.6%) from 2019

Net Assets

$243,996

No earlier filing loaded for comparison.

Liabilities

Down

$1,544

Down $758 (-33%) from 2019

Revenue

Down

$81,348

Down $3,774 (-4.4%) from 2019

Expenses

Down

$68,380

Down $9,901 (-13%) from 2019

Net Income

Up

$12,968

Up $6,127 (+90%) 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 2011: $128,699Liabilities 2011: $1,6562011Assets 2012: $136,067Liabilities 2012: $3,1552012Assets 2013: $170,740Liabilities 2013: $4,7342013Assets 2014: $199,896Liabilities 2014: $5,5702014Assets 2015: $213,629Liabilities 2015: $5,0122015Assets 2016: $242,743Liabilities 2016: $2,4622016Assets 2017: $241,065Liabilities 2017: $3,9872017Assets 2018: $245,348Liabilities 2018: $1,7062018Assets 2019: $244,103Liabilities 2019: $2,3022019Assets 2020: $245,540Liabilities 2020: $1,544Net Assets 2020: $243,9962020Assets 2021: $265,825Liabilities 2021: $3,945Net Assets 2021: $261,8802021Assets 2022: $1,237,368Liabilities 2022: $4,468Net Assets 2022: $1,232,9002022Assets 2023: $1,240,209Liabilities 2023: $4,444Net Assets 2023: $1,235,7652023Assets 2024: $1,245,887Liabilities 2024: $6,382Net Assets 2024: $1,239,5052024

Highlighted filing

2020

Assets$245,540
Liabilities$1,544
Net Assets$243,996

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $65,352Expenses 2011: $60,416Net Income 2011: $4,9362011Revenue 2012: $68,237Expenses 2012: $64,801Net Income 2012: $3,4362012Revenue 2013: $74,626Expenses 2013: $56,320Net Income 2013: $18,3062013Revenue 2014: $77,946Expenses 2014: $65,533Net Income 2014: $12,4132014Revenue 2015: $84,281Expenses 2015: $74,493Net Income 2015: $9,7882015Revenue 2016: $88,619Expenses 2016: $76,276Net Income 2016: $12,3432016Revenue 2017: $89,475Expenses 2017: $83,140Net Income 2017: $6,3352017Revenue 2018: $90,051Expenses 2018: $78,455Net Income 2018: $11,5962018Revenue 2019: $85,122Expenses 2019: $78,281Net Income 2019: $6,8412019Revenue 2020: $81,348Expenses 2020: $68,380Net Income 2020: $12,9682020Revenue 2021: $138,704Expenses 2021: $82,066Net Income 2021: $56,6382021Revenue 2022: $1,070,375Expenses 2022: $85,415Net Income 2022: $984,9602022Revenue 2023: $75,860Expenses 2023: $80,936Net Income 2023: -$5,0762023Revenue 2024: $76,273Expenses 2024: $85,234Net Income 2024: -$8,9612024

Highlighted filing

2020

Revenue$81,348
Expenses$68,380
Net Income$12,968
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 26, 2021
Return Version
2020v4.1
Gross Receipts
$81,348
Mission and Program Overview

Mission

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

Program Services

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

Employees

NameTitleFull / Part TimeBaseOtherTotal
Klint CorkPresident-$0--
Roger BumannSecretary-$0--
Lorne MillerTreasurer-$0--
Kyle BennettVoting Delegate-$0--
Dennis LansinkDirector-$0--
Ben ButcherDirector-$0--
Doug LansinkFormer Director (10/20)-$0--
Adam DreeszenDirector-$0--
Dee Ann PaulsrudDirector-$0--
Kysa RadkeDirector-$0--
Ted PaulsrudDirector-$0--
Dennis BoyleDirector-$0--
Political and Lobbying Activity
In-house lobbying only
No
Filing and Contact Details

Filer

Filer Name
Ida County Farm Bureau
EIN
42-0685001
Phone
7123642931
Address
409 Second Street, Ida Grove, IA 51445

Signing Officer

Name
Klint Cork
Title
President
Phone
7123642931
Signed
2021-03-26
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other

Part III, Line 28 - Policy - The organization was active in achieving their goal of influencing public policy for the benefit of their 675 members in the county. The board of directors generated an opinionnaire in April to distribute to all members, so they have the opportunity voice their opinions on issues that are important to their members on the local, state, and national level. These were distributed via email and U.S. mail. The results were tabulated, and policy was approved by members at their policy development meeting in June. The organization's Annual Meeting was held by proxy due to COVID-19, with 64 ballots received by mail.

Other

Part III, Line 29 - Ag Promotion - COVID-19 heavily impacted the activities of the organization in 2020. The organization promoted agriculture to members and the general public in various ways. The organization purchased print and Facebook advertising throughout the year that promote livestock and row crop production as well as advocating for agriculture to the 6,850 residents of the county. The organization donated to several local charities through the year to show that the farmers that grow and produce food locally also want to support those in need during the pandemic.

Other

Part III, Line 30 - Ag Education - The organization is a strong supporter of agriculture education to people of all ages, but in particular elementary students in the county. The organization provides materials and one full-time ag-in-the classroom coordinator to lead virtual educational sessions this year due to COVID-19 in 3 schools in the county, reaching 190, 2nd and 4th grade students in the county on a monthly basis, September through May. Scholarships of $500 were also awarded to 2 eligible high school students.

Form 990EZ, Part I, Line 8

Expense Recoveries 2185.

Form 990EZ, Part I, Line 10

Dues to State Organization; Dues; Iowa Farm Bureau Federation: 5400 University Ave, West Des Moines, IA, 50266; State Organization, 15861.

Form 990EZ, Part I, Line 10

Individual Payments < $5,000 each; Donations; : , , , ; , 2050.

Form 990EZ, Part I, Line 16

Depreciation 5577.

Form 990EZ, Part I, Line 16

Travel 20.

Form 990EZ, Part I, Line 16

Conferences, Conventions and Meetings 2675.

Form 990EZ, Part I, Line 16

Equipment Rental and Maintenance 2991.

Form 990EZ, Part I, Line 16

Office Supplies 863.

Form 990EZ, Part I, Line 16

Telephone 3165.

Form 990EZ, Part I, Line 16

Advertising and Public Relations 2447.

Form 990EZ, Part I, Line 16

Dues and Subscriptions 120.

Form 990EZ, Part I, Line 16

Insurance 758.

Form 990EZ, Part I, Line 16

Other Program Services 2113.

Form 990EZ, Part I, Line 16

Miscellaneous 4.

Form 990EZ, Part I, Line 20

Unrealized Gain (Loss) on Marketable Securities -10773.

Form 990EZ, Part II, Line 24

Accounts Receivable 1506. 2136.

Form 990EZ, Part II, Line 26

Accounts Payable 2302. 1544.

Raw XML Appendix229 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/PersonNm3Kyle Bennett
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Ben Butcher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Doug Lansink
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Dennis Boyle
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Voting Delegate
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Former Director (10/20)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Part III-A, Line 1. 90% of dues came from persons, families, or entities who paid annual dues of $119 or less in 2020. See Rev. Proc. 2019-44.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part III, Line 28 - Policy - The organization was active in achieving their goal of influencing public policy for the benefit of their 675 members in the county. The board of directors generated an opinionnaire in April to distribute to all members, so they have the opportunity voice their opinions on issues that are important to their members on the local, state, and national level. These were distributed via email and U.S. mail. The results were tabulated, and policy was approved by members at their policy development meeting in June. The organization's Annual Meeting was held by proxy due to COVID-19, with 64 ballots received by mail.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Part III, Line 29 - Ag Promotion - COVID-19 heavily impacted the activities of the organization in 2020. The organization promoted agriculture to members and the general public in various ways. The organization purchased print and Facebook advertising throughout the year that promote livestock and row crop production as well as advocating for agriculture to the 6,850 residents of the county. The organization donated to several local charities through the year to show that the farmers that grow and produce food locally also want to support those in need during the pandemic.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Part III, Line 30 - Ag Education - The organization is a strong supporter of agriculture education to people of all ages, but in particular elementary students in the county. The organization provides materials and one full-time ag-in-the classroom coordinator to lead virtual educational sessions this year due to COVID-19 in 3 schools in the county, reaching 190, 2nd and 4th grade students in the county on a monthly basis, September through May. Scholarships of $500 were also awarded to 2 eligible high school students.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Expense Recoveries 2185.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues to State Organization; Dues; Iowa Farm Bureau Federation: 5400 University Ave, West Des Moines, IA, 50266; State Organization, 15861.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Individual Payments < $5,000 each; Donations; : , , , ; , 2050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Depreciation 5577.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Travel 20.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Conferences, Conventions and Meetings 2675.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Equipment Rental and Maintenance 2991.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Office Supplies 863.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Telephone 3165.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Advertising and Public Relations 2447.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Dues and Subscriptions 120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Insurance 758.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Other Program Services 2113.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Miscellaneous 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Unrealized Gain (Loss) on Marketable Securities -10773.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Accounts Receivable 1506. 2136.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Accounts Payable 2302. 1544.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Klint Cork
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07123642931
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ida County Farm Bureau
ReturnHeader/Filer/BusinessNameControlTxt0IDAC
ReturnHeader/Filer/EIN0420685001
ReturnHeader/Filer/PhoneNum07123642931
ReturnHeader/Filer/USAddress/AddressLine1Txt0409 Second Street
ReturnHeader/Filer/USAddress/CityNm0Ida Grove
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051445
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Iowa Farm Bureau Federation
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05400 University Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Des Moines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050266
ReturnHeader/PreparerPersonGrp/PhoneNum05152255400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James Gardner
ReturnHeader/ReturnTs02021-11-05T07:45:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Klint
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cork
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.01$1.24$0.08$0.09$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.08$0.08$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.23$1.07$0.09$0.98
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.26$0.14$0.08$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.24$0.08$0.07$0.01
2019Summary only. Only limited summary data is available for this year.$0.24$0.00$0.09$0.08$0.01
2018Summary only. Only limited summary data is available for this year.$0.25$0.00$0.09$0.08$0.01
2017Summary only. Only limited summary data is available for this year.$0.24$0.00$0.09$0.08$0.01
2016Summary only. Only limited summary data is available for this year.$0.24$0.00$0.09$0.08$0.01
2015Summary only. Only limited summary data is available for this year.$0.21$0.01$0.08$0.07$0.01
2014Summary only. Only limited summary data is available for this year.$0.20$0.01$0.08$0.07$0.01
2013Summary only. Only limited summary data is available for this year.$0.17$0.00$0.07$0.06$0.02
2012Summary only. Only limited summary data is available for this year.$0.14$0.00$0.07$0.06$0.00
2011Summary only. Only limited summary data is available for this year.$0.13$0.00$0.07$0.06$0.00