Iowa Farm Bureau Federation (EIN 420681039) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1918

Legal Domicile

Phone

7125468828

Tax Period

2023-01-01 to 2023-12-31

Iowa Farm Bureau Federation, founded in 1918, is a small nonprofit that reported $112K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $99K left a modest 11% surplus.

Mission

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

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,991

Program Service Revenue $73,640

Investment Income $30,742

Other Revenue $-11,696

TOTAL REVENUE $111,677

Expense Breakdown

Grants Paid $2,470

Salaries & Benefits $12,366

Fundraising Expenses $0

Other Expenses $84,389

TOTAL EXPENSES $99,225

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,677	$1,118,927	-0.9%
Expenses	$99,225	$131,383	-0.2%
Net Income	$12,452	$987,544	-1.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$160

Total Directors

$560

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew Schroeder	President	2.50	Officer Director	$0	$40	$40
Justin Plendl	Vice President	2.50	Officer Director	$0	$40	$40
Tyler Meyer	Secretary/Treasurer	2.50	Officer Director	$0	$40	$40
Ben Johnson	Voting Delegate	2.50	Officer Director	$0	$40	$40
Bryan Schroeder	Director	1.50	Director	$0	$40	$40
Mark Loutsch	Director	1.50	Director	$0	$40	$40
Roger Loutsch	Director	1.50	Director	$0	$40	$40
Brad Harvey	Director	1.50	Director	$0	$40	$40
Leah Ten Napel	Director	1.50	Director	$0	$40	$40
Shirley McNaughton	Director	1.50	Director	$0	$40	$40
Keaton Koerselman	Director	1.50	Director	$0	$40	$40
Daniel Ahlers	Former Director	1.50	Director	$0	$40	$40
Steven Hillrichs	Director	1.50	Director	$0	$40	$40
Gail Bauler	Director	1.50	Director	$0	$40	$40
Kevin Hodgson	Director (11/23)	1.50	Director	$0	$0	$0
Jill Oltmanns	Director (11/23)	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	No data	No data	No data	No data
2023	$111,677	$99,225	$1,358,427	$12,452
2022	$1,118,927	$131,383	$1,348,903	$987,544
2021	$132,941	$122,406	$377,220	$10,535

Iowa Farm Bureau Federation