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

EIN: 420686470

NORTHWOOD, IA

Total Revenue
$119,462
Total Expenses
$92,082
Total Assets
$1,147,069
Net Assets
$1,145,175
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1918
Legal Domicile
IA
Principal Officer
MELISSA MORETZ
Phone
6413241472
Tax Period
2024-01-01 to 2024-12-31

IOWA FARM BUREAU FEDERATION D/B/A WORTH COUNTY FARM BUREAU, founded in 1918, is a small nonprofit that reported $119K in total revenue in fiscal year 2024. The organization ran a surplus of $27K, a strong 23% operating margin.

Mission

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

Program Service Accomplishments

Program 1

AGRICULTURE IN THE CLASSROOM: THE MAIN FOCUS OF WORTH COUNTY FARM BUREAU AND THE DIRECTION OF ITS BOARD OF DIRECTORS HAS BEEN THE SPREAD OF AGRICULTURE IN THE CLASSROOM. THIS HAPPENS IN MANY FORMS...

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AGRICULTURE IN THE CLASSROOM: THE MAIN FOCUS OF WORTH COUNTY FARM BUREAU AND THE DIRECTION OF ITS BOARD OF DIRECTORS HAS BEEN THE SPREAD OF AGRICULTURE IN THE CLASSROOM. THIS HAPPENS IN MANY FORMS; ONE IS THE DONATIONS TO THE COUNTY'S THREE FFA CLUBS AND STARTING UP A FOURTH OVER THE NEXT YEAR. ANOTHER FORM IS THE COUNTY'S SUPPORT OF NORTH CENTRAL IOWA AG IN THE CLASSROOM (NCIAITC) AND ITS MEMBERSHIP DUES. NCIAITC TEACHES TO EVERY ELEMENTARY STUDENT IN THE COUNTY ABOUT HOW AGRICULTURE AFFECTS THEIR LIVES. THE OTHER AVENUE THAT THE COUNTY FARM BUREAU USES IS ITS AG FAIR. THE AG FAIR IS FOR ALL 300+ 4TH GRADERS IN THE COUNTY.

Program 2

RELATIONS/COMMUNITY OUTREACH: AS A MEMBERSHIP ORGANIZATION THE WORTH COUNTY FARM BUREAU SERVES ITS MEMBERSHIP AND IT'S COMMUNITY BY PUTTING ON MANY EVENTS AND EDUCATIONAL OPPORTUNITIES. THE COUNTY...

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RELATIONS/COMMUNITY OUTREACH: AS A MEMBERSHIP ORGANIZATION THE WORTH COUNTY FARM BUREAU SERVES ITS MEMBERSHIP AND IT'S COMMUNITY BY PUTTING ON MANY EVENTS AND EDUCATIONAL OPPORTUNITIES. THE COUNTY HOSTED TWO EDUCATIONAL SEMINARS RELATED TO AGRICULTURE AND HELD A PICNIC AT THE COUNTY FAIR AS APPRECIATION TO THE MEMBERSHIP IN CONJUNCTION TO A CAN DRIVE FOR THE LOCAL FOOD BANK.

Program 3

POLICY: AS A POLICY ORGANIZATION THE COUNTY FARM BUREAU HOSTS MANY INFORMATIONAL EVENTS TO FORM ITS COUNTY POLICY AND TO BRING THEIR POLICY TO THE AWARENESS OF MANY LOCAL, COUNTY, STATE AND FEDERAL...

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POLICY: AS A POLICY ORGANIZATION THE COUNTY FARM BUREAU HOSTS MANY INFORMATIONAL EVENTS TO FORM ITS COUNTY POLICY AND TO BRING THEIR POLICY TO THE AWARENESS OF MANY LOCAL, COUNTY, STATE AND FEDERAL OFFICIALS. THE COUNTY HOSTS ITS BUSINESS ANNUAL MEETING TO SOLIDIFY ITS POLICY AND HOSTS MANY MEET AND GREATS WITH LOCAL OFFICIALS.

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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 $10,986
Program Service Revenue $31,584
Investment Income $61,410
Other Revenue $15,482
TOTAL REVENUE $119,462

Expense Breakdown

Grants Paid $4,750
Salaries & Benefits $39,602
Fundraising Expenses $0
Other Expenses $44,273
TOTAL EXPENSES $92,082

Year-over-Year Comparison

2024 2023 Change
Revenue $119,462 $118,702 +0.0%
Expenses $92,082 $104,038 -0.1%
Net Income $27,380 $14,664 +0.9%
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
130

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
5
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA MORETZ PRESIDENT 2.00
Officer Director
$0 $0 $0
COURTNEY BARTZ VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MARENA HENKLE SECRETARY 2.00
Officer Director
$0 $0 $0
RON DAVIDSON TREASURER 2.00
Officer Director
$0 $0 $0
JIM NEEL VOTING DELEGATE 2.00
Officer Director
$0 $0 $0
JIM KRULL DIRECTOR 2.00
Director
$0 $0 $0
CARY VANVELDHUIZEN DIRECTOR 2.00
Director
$0 $0 $0
CODY HENKLE DIRECTOR 2.00
Director
$0 $0 $0
AARON STEVENS DIRECTOR 2.00
Director
$0 $0 $0
KEITH BRAUN DIRECTOR 2.00
Director
$0 $0 $0
TOM CLAGETT DIRECTOR 2.00
Director
$0 $0 $0
TYLER TEMPUS DIRECTOR 2.00
Director
$0 $0 $0
KYLE WALLIN DIRECTOR 2.00
Director
$0 $0 $0
KEVIN BRAUN DIRECTOR 2.00
Director
$0 $0 $0
TIM ENDERSON DIRECTOR 2.00
Director
$0 $0 $0
JUSTIN FABER DIRECTOR 2.00
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 $119,462 $92,082 $1,147,069 $27,380
2023 $118,702 $104,038 $1,148,046 $14,664
2022 $1,085,384 $105,281 $1,153,785 $980,103
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