Idaho Farm Bureau Federation Inc
Nonprofit profile at a glance
- EIN
- 820181284
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Pocatello, ID, USA
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $9,084,797
- Expenses
- $8,063,476
- Assets
- $26,983,309
- Liabilities
- $2,610,626
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- BRYAN SEARLE (PRESIDENT)
Highest reported compensation
- ZAK MILLER (EXECUTIVE VP): $207,096 total reported compensation
- BRYAN SEARLE (PRESIDENT): $110,565 total reported compensation
- RICHARD DURRANT (VICE PRESIDE): $26,850 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote, improve and stabilze the agricultural industry in which its member are engaged, by securing greater efficiency in the production, distribution and marketing of agricultural products and to correlate and strengthen the county farm bureaus and similar organizations of the state of Idaho and to coordinate the activities of their respective officers and personel, within their respective fields of endeavor, to the end, that sound and effective national and state legislation may be adopted and administered, that proper and satisfactory public relations and services may be developed and sustained.
What it reported doing in 2024
The organization serves its member families and improves the quality of life through market search, price reports, and risk management training. Farm bureau assists farmers by providng marketing resources and policy advocacy to create an environment where sustainable agriculture practices can flourish. Idaho farm bureau is the only agriculture organization in the state that represents all of the farm commodities grown in the state. Over the years the organization has compiled an extensive library of pricing data from a variety of crops grown in Idaho.
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 - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 60
- Accountability: 91
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.2%; rating input score 67
- Program expense ratio: 74.1%; rating input score 74
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 11.2%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 3.35; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 6.4%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 23.5% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 67.2% of revenue deployed · 74.1% of spending went to programs
- Governance: 20 of 20 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $207K · 19 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 19 filed money-flow records
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.