Fond Du Lac County Farm Bureau Cooperative

Nonprofit profile at a glance

EIN
391087044
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Madison, WI, USA
Phone
6088365575
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$30,282
Expenses
$31,395
Assets
$648,946
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • REUBEN HOPP (PRESIDENT)
  • EARL SIPPEL (VICE PRESIDENT)

People named in this filing

  • REUBEN HOPP (PRESIDENT)
  • CHRISTOPHER P POLLACK (SECRETARY)
  • EARL SIPPEL (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote, protect and represent the interests of agricultural producers provide a county wide medium for the advancement and improvement of agriculture and for agricultural education for students grades k-12

What it reported doing in 2024

The fond du lac county farm bureaus primary purposes are to: - promote, protect and represent the interests of agricultural producers member of the Wisconsin farm bureau federation to use its educational legislative and lobbying services - to provide a county wide medium for the advancement and improvement of agriculture board meeting, county annual meeting, and policy development meetings held to discuss state of agriculture and adopt organization policy - to provide a county wide medium for agricultural education ag in the classroom program - members volunteered hours in educating students in agriculture

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 100
  • Accountability: 30
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.6%; rating input score 61
  • Program expense ratio: 40.1%; rating input score 40
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.7%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 20.67; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 10.3% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 4.3% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 60.6% of revenue deployed · 40.1% of spending went to programs
  • Governance: 0 of 890 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 18 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 40/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Review — Sustainability: Operating margin scored 51/100.