Iowa Farm Bureau Federation (EIN 420685001) - 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

7123642931

Tax Period

2023-01-01 to 2023-12-31

Iowa Farm Bureau Federation, founded in 1918, is a micro nonprofit that reported $76K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Net assets of $1.2M represent 195 months of operating reserves.

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 $17,906

Program Service Revenue $36,050

Investment Income $28,159

Other Revenue $-6,255

TOTAL REVENUE $75,860

Expense Breakdown

Grants Paid $10,559

Salaries & Benefits $26,199

Fundraising Expenses $0

Other Expenses $44,178

TOTAL EXPENSES $80,936

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,860	$1,070,375	-0.9%
Expenses	$80,936	$85,415	-0.1%
Net Income	$-5,076	$984,960	-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

$204

Total Directors

$204

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Klint Cork	President	2.50	Officer Director	$0	$0	$0
Kysa Radke	Vice President	2.50	Officer Director	$0	$0	$0
Roger Bumann	Secretary	2.50	Officer Director	$0	$0	$0
Lorne Miller	Treasurer	2.50	Officer Director	$0	$0	$0
Kyle Bennett	Voting Delegate	2.50	Officer Director	$0	$204	$204
Dennis Lansink	Director	1.50	Director	$0	$0	$0
Dee Ann Paulsrud	Director	1.50	Director	$0	$0	$0
Ted Paulsrud	Director	1.50	Director	$0	$0	$0
Dennis Boyle	Director	1.50	Director	$0	$0	$0
Kyle Knudsen	Director	1.50	Director	$0	$0	$0
Sam Bennett	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	No data	No data	No data	No data
2023	$75,860	$80,936	$1,240,209	$-5,076
2022	$1,070,375	$85,415	$1,237,368	$984,960

Iowa Farm Bureau Federation