IOWA FARM BUREAU FEDERATION D/B/A … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1917

Legal Domicile

Principal Officer

DWAYNE POSTMA

Phone

7124722517

Tax Period

2024-01-01 to 2024-12-31

IOWA FARM BUREAU FEDERATION D/B/A LYON COUNTY FARM BUREAU, founded in 1917, is a small nonprofit that reported $139K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $53K, a strong 38% operating margin.

Mission

TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

PUBLIC POLICY: PROMOTED THE ISSUE SURFACING AND ISSUE PRIORITIZATION PROCESS GETTING OVER 30 MEMBERS TO PARTICIPATE THROUGH ELECTRONIC OR PAPER SURVEYS. LYON COUNTY FARM BUREAU VOLUNTEERS MET WITH...

PUBLIC POLICY: PROMOTED THE ISSUE SURFACING AND ISSUE PRIORITIZATION PROCESS GETTING OVER 30 MEMBERS TO PARTICIPATE THROUGH ELECTRONIC OR PAPER SURVEYS. LYON 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. ISSUES INCLUDED PROPERTY TAX RELIEF, RURAL SAFETY, AND SECONDARY ROADS. 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 LYON COUNTY MEMBERS.

Program 2

EDUCATION AND AGRICULTURE IN THE CLASSROOM: PROMOTED SCHOLARSHIP OPPORTUNITIES FOR MEMBERS AWARDING FOUR SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN 2024. SPONSORED LOCAL YOUNG FARMER MEMBERS TO ATTEND...

EDUCATION AND AGRICULTURE IN THE CLASSROOM: PROMOTED SCHOLARSHIP OPPORTUNITIES FOR MEMBERS AWARDING FOUR 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 TWO OF THE PUBLIC-SCHOOL DISTRICTS IN LYON COUNTY PARTICIPATED.

Program 3

PUBLIC RELATIONS: ORGANIZED A PROMOTION TO SUPPORT LOCAL COUNTY FAIR AND BRING AWARENESS TO THE ECONOMIC IMPACT AGRICULTURE HAS ON LYON COUNTY. WE ALSO SPONSORED A YOUNG FARMER VIP BOOTH AT THE...

PUBLIC RELATIONS: ORGANIZED A PROMOTION TO SUPPORT LOCAL COUNTY FAIR AND BRING AWARENESS TO THE ECONOMIC IMPACT AGRICULTURE HAS ON LYON COUNTY. WE ALSO SPONSORED A YOUNG FARMER VIP BOOTH AT THE COUNTY FAIR WHERE THEY CAN WATCH THE FIGURE-8 RACES IN AIR CONDITIONING. WE MAXED OUT THE BOOTH LAST YEAR AT 50 YOUNG FARMER MEMBERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $28,403

Program Service Revenue $46,200

Investment Income $62,880

Other Revenue $1,841

TOTAL REVENUE $139,324

Expense Breakdown

Grants Paid $8,200

Salaries & Benefits $19,892

Fundraising Expenses $0

Other Expenses $52,693

TOTAL EXPENSES $86,171

Year-over-Year Comparison

	2024	2023	Change
Revenue	$139,324	$121,432	+0.1%
Expenses	$86,171	$89,342	0.0%
Net Income	$53,153	$32,090	+0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$140

Total Directors

$315

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DWAYUNE POSTMA	PRESIDENT	1.50	Officer Director	$0	$35	$35
ADAM LEUTHOLD	VICE PRESIDENT	1.50	Officer Director	$0	$35	$35
CURT BEHRENS	TREASURER	1.50	Officer Director	$0	$35	$35
GLEN METZGER	SECRETARY	1.50	Officer Director	$0	$35	$35
ROSS KOOIKER	DIRECTOR	1.50	Director	$0	$35	$35
JESSE MOSER	DIRECTOR	1.50	Director	$0	$35	$35
DENNIS WINKOWITSCH	DIRECTOR	1.50	Director	$0	$35	$35
BLAIN KNOBLOCH	DIRECTOR	1.50	Director	$0	$0	$0
GARY TWEDT	DIRECTOR	1.50	Director	$0	$35	$35
JERRY RENS	DIRECTOR	1.50	Director	$0	$35	$35

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	$139,324	$86,171	$1,332,595	$53,153
2023	$121,432	$89,342	$1,295,466	$32,090
2022	$1,089,749	$83,011	$1,280,777	$1,006,738

IOWA FARM BUREAU FEDERATION D/B/A LYON COUNTY FARM BUREAU