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

EIN: 420681033

DONNELLSON, IA

Total Revenue
$154,473
Total Expenses
$112,066
Total Assets
$1,358,572
Net Assets
$1,355,817
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1917
Legal Domicile
IA
Principal Officer
BRENT KOLLER
Phone
3198355126
Tax Period
2024-01-01 to 2024-12-31

IOWA FARM BUREAU FEDERATION D/B/A LEE COUNTY FARM BUREAU, founded in 1917, is a small nonprofit that reported $154K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $42K, a strong 27% operating margin.

Mission

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

Program Service Accomplishments

Program 1

PUBLIC POLICY: PROMOTED THE POLICY DEVELOPMENT PROCESS BY GETTING OVER 100 MEMBERS TO PARTICIPATE THROUGH ELECTRONIC SURVEYS. LEE COUNTY FARM BUREAU VOLUNTEERS MET WITH ELECTED OFFICIALS AT A STATE...

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PUBLIC POLICY: PROMOTED THE POLICY DEVELOPMENT PROCESS BY GETTING OVER 100 MEMBERS TO PARTICIPATE THROUGH ELECTRONIC SURVEYS. LEE 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.

Program 2

EDUCATION/AG IN THE CLASSROOM: LEE COUNTY FARM BUREAU SPONSORED YOUNG FARMER MEMBERS TO ATTEND IOWA FARM BUREAU YOUNG FARMER CONFERENCE. LEE COUNTY SPONSORED COLLEGIATE FARM BUREAU PROGRAM AT...

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EDUCATION/AG IN THE CLASSROOM: LEE COUNTY FARM BUREAU SPONSORED YOUNG FARMER MEMBERS TO ATTEND IOWA FARM BUREAU YOUNG FARMER CONFERENCE. LEE COUNTY SPONSORED COLLEGIATE FARM BUREAU PROGRAM AT SOUTHEASTERN COMMUNITY COLLEGE WHERE COLLEGE AGE AG STUDENTS PARTICIPATE IN LEADERSHIP DEVELOPMENT, EDUCATIONAL PROGRAMS ON CONSERVATION AND MARKETS. HOSTED EDUCATIONAL SEMINARS TO PROVIDE INFORMATION TO EXPAND THE KNOWLEDGE OF FARMER MEMBERS ABOUT DOT RULES/REGULATIONS. THREE GRADUATING SENIORS WERE AWARDED SCHOLARSHIPS TO ASSIST WITH THEIR EDUCATION, IN HOPES OF IMPROVING LEE COUNTY.

Program 3

PUBLIC RELATIONS: LEE COUNTY PROMOTED AND SUPPORTED THE COUNTY FAIR TO EDUCATE THE NON]FARMER ON MODERN AGRICULTURE AND THE IMPORTANT ROLE FARMERS PLAY IN THEIR COMMUNITY. LEE COUNTY FARM BUREAU...

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PUBLIC RELATIONS: LEE COUNTY PROMOTED AND SUPPORTED THE COUNTY FAIR TO EDUCATE THE NON]FARMER ON MODERN AGRICULTURE AND THE IMPORTANT ROLE FARMERS PLAY IN THEIR COMMUNITY. LEE COUNTY FARM BUREAU HOSTED A FUNDRAISING INITIATIVE FOR THE LOCAL FOOD PANTRIES DURING AG WEEK. THE ORGANIZATION ALSO HOSTED A FARMER APPRECIATION EVENT AT CENTRAL LEE COMMUNITY SCHOOLS. THIS EVENT HIGHLIGHTED FARM-TO-TABLE CONCEPTS, LEE COUNTY AGRICULTURAL ECONOMIC IMPACT, AND STEWARDSHIP OF FARMERS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,747
Program Service Revenue $65,760
Investment Income $68,461
Other Revenue $505
TOTAL REVENUE $154,473

Expense Breakdown

Grants Paid $2,930
Salaries & Benefits $31,315
Fundraising Expenses $0
Other Expenses $72,175
TOTAL EXPENSES $112,066

Year-over-Year Comparison

2024 2023 Change
Revenue $154,473 $138,951 +0.1%
Expenses $112,066 $104,703 +0.1%
Net Income $42,407 $34,248 +0.2%
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
16
Independent Members
16
Employees
1
Volunteers
16

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
$65
Total Directors
16
$170
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENT KOLLER PRESIDENT 2.50
Officer Director
$0 $10 $10
CHRIS BROWN VICE PRESIDENT 2.50
Officer Director
$0 $55 $55
CONNOR CONRAD SECRETARY/TREASURER 2.50
Officer Director
$0 $0 $0
JEFF ELLIS VOTING DELEGATE 2.50
Officer Director
$0 $0 $0
JAY LAMPE DIRECTOR 1.50
Director
$0 $0 $0
HANNAH LUPKES DIRECTOR 1.50
Director
$0 $0 $0
AUSTIN MOORE DIRECTOR 1.50
Director
$0 $35 $35
LAUREN HULLSEBUS DIRECTOR 1.50
Director
$0 $0 $0
GRANT WEISINGER DIRECTOR 1.50
Director
$0 $20 $20
SHANNON WELLMAN DIRECTOR 1.50
Director
$0 $0 $0
JOHN KENT DIRECTOR 1.50
Director
$0 $0 $0
SARAH LYLE DIRECTOR 1.50
Director
$0 $10 $10
STEVEN NEWBERRY DIRECTOR 1.50
Director
$0 $30 $30
LARRY POMBERG DIRECTOR 1.50
Director
$0 $0 $0
JOEL BOBB DIRECTOR 1.50
Director
$0 $10 $10
ETHAN HELLWEG DIRECTOR 1.50
Director
$0 $0 $0
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 $154,473 $112,066 $1,358,572 $42,407
2023 $138,951 $104,703 $1,316,804 $34,248
2022 $1,101,152 $100,396 $1,270,194 $1,000,756
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