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

🔒

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

1919

Legal Domicile

Principal Officer

KRISTA HUNTSMAN

Phone

7126235546

Tax Period

2024-01-01 to 2024-12-31

IOWA FARM BUREAU FEDERATION D/B/A MONTGOMERY COUNTY FARM BUREAU, founded in 1919, is a small nonprofit that reported $124K in total revenue in fiscal year 2024. The organization ran a surplus of $32K, a strong 26% operating margin.

Mission

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

Program Service Accomplishments

Program 1

EDUCATION AND AITC: THE COMPANY COMMUNICATED WITH TEACHERS, EDUCATORS AND SCHOOLS PROMOTING RESOURCES AND GRANT OPPORTUNITIES TO INCORPORATE AGRICULTURE INTO THE CLASSROOM. THE COMPANY COMMUNICATES WITH GUIDANCECOUNSELORS IN THREE LOCAL SCHOOLS PROVIDING THEM WITH INFORMATION TO DISTRIBUTE TO STUDENTS FOR THREE SCHOLARSHIPS FOR COUNTY STUDENTS TOTALING $1000. THEY HAVE AN ACTIVE AG IN THE CLASSROOM COMMITTEE THAT WORKS CLOSELY WITH THREE LOCAL SCHOOLS TO PROMOTE AGRICULTURE. THEY PROVIDED INFORMATION TO LOCAL HIGH SCHOOL STUDENTS ABOUT FARM SAFETY TIPS WHILE DRIVING.

Program 2

POLICY DEVELOPMENT: THE COMPANY ASKED MEMBERS TO SURFACE AND PRIORITIZE ISSUES THAT ARE IMPORTANT TO LOCAL AG OPERATIONS. THEY THEN CREATED AN OPINIONNAIRE TO BE DISTRIBUTED TO THE MEMBERSHIP TO...

POLICY DEVELOPMENT: THE COMPANY ASKED MEMBERS TO SURFACE AND PRIORITIZE ISSUES THAT ARE IMPORTANT TO LOCAL AG OPERATIONS. THEY THEN CREATED AN OPINIONNAIRE TO BE DISTRIBUTED TO THE MEMBERSHIP TO GAUGE THE IMPORTANCE OF LOCAL, STATE AND NATIONAL ISSUES. THE COMPANY DEVELOPED COUNTY RESOLUTIONS OF IMPORTANCE TO BE DELIVERED BY THE VOTING DELEGATE TO THE STATE DELEGATE BODY. MEMBER LEADERS ALSO ENGAGED WITH LOCAL, STATE AND NATIONAL ELECTED OFFICIALS TO LOBBY FOR THE POLICIES IMPORTANT TO THE AG COMMUNITY.

Program 3

COUNTY PROMOTIONS: THE COMPANY IS ACTIVE IN THE PROMOTION OF AGRICULTURE TO THE MEMBERS AND THE LOCAL COMMUNITY. THE COMPANY HAS PURCHASED RADIO ADVERTISING AT TWO LOCAL RADIO STATIONS TO PROMOTE...

COUNTY PROMOTIONS: THE COMPANY IS ACTIVE IN THE PROMOTION OF AGRICULTURE TO THE MEMBERS AND THE LOCAL COMMUNITY. THE COMPANY HAS PURCHASED RADIO ADVERTISING AT TWO LOCAL RADIO STATIONS TO PROMOTE AGRICULTURE TO ALL THE PEOPLE OF THE AREA. THEY CO-SPONSOR AN AG APPRECIATION EVENT HELD DURING NATIONAL AG WEEK. THEY SPONSOR THE WOMEN GAINING GROUND CONFERENCE. THE COMPANY SPONSORED AND WORKED A BREAKFAST AT THE COUNTY FAIR PROMOTING COUNTY AG PRODUCTION.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $15,183

Program Service Revenue $46,700

Investment Income $53,858

Other Revenue $8,263

TOTAL REVENUE $124,004

Expense Breakdown

Grants Paid $2,050

Salaries & Benefits $32,362

Fundraising Expenses $0

Other Expenses $56,453

TOTAL EXPENSES $91,612

Year-over-Year Comparison

	2024	2023	Change
Revenue	$124,004	$117,510	+0.1%
Expenses	$91,612	$87,891	+0.0%
Net Income	$32,392	$29,619	+0.1%

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

$450

Total Directors

$579

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTA HUNTSMAN	PRESIDENT	2.50	Officer Director	$0	$0	$0
CONNOR HULTMAN	VICE PRESIDENT	2.50	Officer Director	$0	$155	$155
EVA COUGHLIN	SECRETARY	2.50	Officer Director	$0	$0	$0
TERRY ANDERSON	TREASURER	2.50	Officer Director	$0	$20	$20
RICK GUSTAFSON	VOTING DELEGATE	2.50	Officer Director	$0	$275	$275
ANNIE FISHER	DIRECTOR	1.50	Director	$0	$0	$0
RILEY PELZER	DIRECTOR	1.50	Director	$0	$0	$0
LUCAS OSTER	DIRECTOR	1.50	Director	$0	$62	$62
CODY VANDERHOLM	DIRECTOR	1.50	Director	$0	$57	$57
JON YOUNG	DIRECTOR	1.50	Director	$0	$10	$10
STACY PERKINS	DIRECTOR	1.50	Director	$0	$0	$0
KATE FRIDOLPH	DIRECTOR	1.50	Director	$0	$0	$0
JASON SICKELS	DIRECTOR	1.50	Director	$0	$0	$0
STEVE DOLCH	DIRECTOR	1.50	Director	$0	$0	$0
BRANDON POWELL	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	$124,004	$91,612	$1,248,116	$32,392
2023	$117,510	$87,891	$1,239,963	$29,619
2022	$1,084,793	$90,126	$1,238,844	$994,667

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