North Dakota Farm Bureau Foundation

EIN: 223861704 501(c)(3) Education

Fargo, ND

Total Revenue
$105,298
Total Expenses
$77,603
Total Assets
$504,183
Net Assets
$504,183
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Organization Details

Formation Year
2002
Legal Domicile
ND
Principal Officer
Jeffrey Missling
Phone
7012982200
Tax Period
2023-10-01 to 2024-09-30

North Dakota Farm Bureau Foundation, founded in 2002, is a small nonprofit in the Education sector that reported $105K in total revenue in fiscal year 2023. The organization ran a surplus of $28K, a strong 26% operating margin.

Mission

To increase the quality of life for ranchers and farmers in ND. To provide education and assistance to increase the knowledge level of issues facing farmers and ranchers in North Dakota and elsewhere.

Program Service Accomplishments

Program 1
Expenses: $36,056

Project Food Land & People:Food, Land & People in partnership with the Agriculture in the Classroom program use different approaches to encourage the introduction of agriculture into the K-12...

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Project Food Land & People:Food, Land & People in partnership with the Agriculture in the Classroom program use different approaches to encourage the introduction of agriculture into the K-12 curriculum, through activity based materials. During the year, approximately 160 programs were presented in North Dakota schools where agriculture information was shared through interactive participation of the students. The programs reached 3,320 students during the year. These programs are presented at no cost to the schools. Educational opportunities are also provided to teachers, to enable them to learn more about lessons and curriculum for their students, that teaches them about agriculture. Two educators from North Dakota were provided with scholarships for registration and travel to attend the National Agriculture in the Classroom Conference. The Project Food, Land & People is organized for the overall purpose of developing educational materials K-12, which can be used by teachers and students in all subject areas to teach the importance of agriculture, land and the relationship of both to peoples of the world.

Program 2
Expenses: $19,990 Revenue: $17,254

Young Farm & Ranch Committee:The overall purpose for the formation of this Committee of the North Dakota Farm Bureau is that a focus on young farmer and rancher membership will ensure the future...

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Young Farm & Ranch Committee:The overall purpose for the formation of this Committee of the North Dakota Farm Bureau is that a focus on young farmer and rancher membership will ensure the future existence of the organization. Having new young people join and become stakeholders in NDFB will ensure that NDFB will continue to grow and thrive and be relevant in the future. Ultimately, NDFB will grow new leaders in these young people.Creating a YF&R Committee of young farmer and rancher members will enable NDFB to learn about the needs of this important stakeholder group and provide member programs and other benefits that meet the needs of this key constituency, thereby fostering lifetime members from each generation. Involving young farmer and rancher members in NDFB will help the board and members build relationships with each new generation. The NDFB board can get advice from the YF&R Committee about how younger members weigh in on current issues and programs and ultimately consider that input in their planning.The main objective is to host the annual Farm and Ranch Conference. The YF&R Committee gets 150-200 people to attend every February. They meet to plan this conference and to raise money for this conference through their annual raffle.We estimate 75% of the committee members go onto serve on our county and state boards in the future. Estimated retention rate is 93% of the committee members, stay and become lifelong members of the NDFB.

Program 3
Expenses: $17,500

Promotion & Education:The purpose of the Promotion and Education committee is to facilitate and create programs that promote agricultural diversity and relay the importance of North Dakota...

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Promotion & Education:The purpose of the Promotion and Education committee is to facilitate and create programs that promote agricultural diversity and relay the importance of North Dakota Agriculture and its contribution to the state. The committee provides hands on support to NDFB and its programs including member county farm bureaus and its affiliates. They implement programs that are delegated to it by the Board of Directors. The P&E committee advises the Board of Directors regarding program and direction.One other area of accomplishment is raising money for scholarships to help members kids that want to advance their education. One of the main activities that the committee hosts is the scholarship auction that takes place at NDFB annual conference. This is our main fundraising event for our scholarship programOur other two main activities are the Special Assignment Pizza program where we move our education booths around the state and teach 4th graders about how their pizza is grown and brought to the table. The other main education outreach is the Living Ag in the Classroom where we are part of a committee that the Department of Ag spearheads, the Living Ag in the Classroom is where we participate with one commodity booth and teach 4th graders about that commodity. We reach an estimated 5,700 students per year. We give out $10,000-$15,000 in scholarships per year.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $78,242
Program Service Revenue $17,254
Investment Income $1,232
Other Revenue $8,570
TOTAL REVENUE $105,298

Expense Breakdown

Grants Paid $46,150
Salaries & Benefits $0
Fundraising Expenses $1,900
Program Expenses $73,546
Other Expenses $31,453
TOTAL EXPENSES $77,603

Year-over-Year Comparison

2023 2022 Change
Revenue $105,298 N/A N/A
Expenses $77,603 N/A N/A
Net Income $27,695 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$365,692
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daryl Lies President 4.00
Officer Director
$0 $0 $0
Dana Kaldor Vice President 4.00
Officer Director
$0 $0 $0
Weston Dvorak Director thru Nov 1.00
Director
$0 $0 $0
Chris Reindel Director as of Nov 1.00
Director
$0 $0 $0
Craig Vaughn Director 2.00
Director
$0 $0 $0
Val Wagner Director 2.00
Director
$0 $0 $0
Jason Skaar Director 2.00
Director
$0 $0 $0
Tim Schoenhard Director 2.00
Director
$0 $0 $0
Lucas Lang Director 2.00
Director
$0 $0 $0
Keith Rockeman Director 2.00
Director
$0 $0 $0
Joyln Wasen Director 2.00
Director
$0 $0 $0
Brian Normark Director 1.00
Director
$0 $0 $0
Chance Kitzman Director as of Nov 2.00
Director
$0 $0 $0
Ashley Skarsgard Director thru Nov 2.00
Director
$0 $0 $0
Jeff Missling Sec-Treas/Executive VP/CEO 2.00
Officer
$0 $69,187 $254,855
Valerie Gordon Assistant Treasurer 2.00
Officer
$0 $24,238 $110,837
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $105,298 $77,603 $504,183 $27,695
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