Colorado Farm Bureau Foundation

What it reported doing in 2024

The purposes for which the Colorado farm bureau foundation is organized is for scientific research, educational and other charitable purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended (referred to as the "code"), including, but not limited to the following.specifically, the Colorado farm bureau foundation hopes to initiate and finance the following activities.1.) agricultural research and educational activities in such areas as production and marketing, quality and yield improvement, mechanization, farm safety, conservation and natural resources, improvement or better use of fertilizers, insecticides and herbicides, and ways and means of increasing net farm income.2.) to encourage and maintain a viable and progressive agricultural industry, to encourage on-the-farm use of application of basic research discoveries, to promote and finance the study of agriculture and research therein, the diffusion of knowledge thereof and the continuing education of farmers and ranchers.3.) to initiate and finance programs and activities that inform the public about the scope, diversity and importance of the agriculture industry through education curriculum, teacher training workshops, exhibits at various events, and other related activities.4.) to provide aid to individuals involved in production agriculture in the event of a catastrophic disaster impacting agricultural producers due to a natural event such as blizzard, flood or wildfire.

Financial Efficiency

• Mission deployment rate: 52.4%; rating input score 52
• Program expense ratio: 97.9%; rating input score 98

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100

Sustainability

• Operating margin: 46.5%; rating input score 92; 92nd percentile among comparable filings
• Total-asset coverage ratio: 5.78; rating input score 97; 97th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

• Program expense growth: 13.5% per year; rating input score 100; 68th percentile among comparable filings
• Revenue growth: 4.7% per year; rating input score 100; 46th percentile among comparable filings
• Asset growth: 5.1% per year; rating input score 100; 45th percentile among comparable filings