IOWA FARM BUREAU FEDERATION D/B/A KOSSUTH COUNTY FARM BUREAU (EIN 420684992) - Form 990 Financial Analysis & Trantor Score

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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

RICH ROSENMEYER

Phone

5152955309

Tax Period

2024-01-01 to 2024-12-31

IOWA FARM BUREAU FEDERATION D/B/A KOSSUTH COUNTY FARM BUREAU, founded in 1917, is a small nonprofit that reported $149K in total revenue in fiscal year 2024. Expenses of $139K left a modest 7% surplus.

Mission

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

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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 $21,932

Program Service Revenue $65,390

Investment Income $52,058

Other Revenue $9,851

TOTAL REVENUE $149,231

Expense Breakdown

Grants Paid $4,850

Salaries & Benefits $55,955

Fundraising Expenses $0

Other Expenses $75,579

TOTAL EXPENSES $138,944

Year-over-Year Comparison

	2024	2023	Change
Revenue	$149,231	$145,324	+0.0%
Expenses	$138,944	$139,674	0.0%
Net Income	$10,287	$5,650	+0.8%

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

$225

Total Directors

$675

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICH ROSENMEYER	PRESIDENT	2.00	Officer Director	$0	$45	$45
LEWIS ROLLING	VICE PRESIDENT	2.00	Officer Director	$0	$45	$45
BRIAN TUMEY	SECRETARY	2.00	Officer Director	$0	$45	$45
DALE LAPPE	TREASURER	2.00	Officer Director	$0	$45	$45
TOM EISCHEN	VOTING DELEGATE	2.00	Officer Director	$0	$45	$45
LENNON BRANDT	DIRECTOR	1.00	Director	$0	$0	$0
DAVE ROCK	DIRECTOR	1.00	Director	$0	$45	$45
DEAN BORMANN	DIRECTOR	1.00	Director	$0	$45	$45
JOSH HILBERT	DIRECTOR	1.00	Director	$0	$45	$45
JESSE HANSELMAN	DIRECTOR	1.00	Director	$0	$45	$45
JEFF SCHUTJER	DIRECTOR	1.00	Director	$0	$45	$45
BRAD BJUSTROM	DIRECTOR	1.00	Director	$0	$45	$45
DEAN BERTE	DIRECTOR	1.00	Director	$0	$45	$45
DICK MILLER	DIRECTOR	1.00	Director	$0	$45	$45
KEVIN KIRSCH	DIRECTOR	1.00	Director	$0	$45	$45
BRIAN THILGES	DIRECTOR	1.00	Director	$0	$45	$45
NICK MERGEN	DIRECTOR	1.00	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	$149,231	$138,944	$1,180,086	$10,287
2023	$145,324	$139,674	$1,181,464	$5,650
2022	$1,113,276	$135,297	$1,177,820	$977,979
2021	$183,811	$137,175	$233,191	$46,636

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