Indiana Farm Bureau Blackford County Farm Bureau Inc

Nonprofit profile at a glance

EIN
350877592
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Hartford City, IN, USA
Phone
3176927851
Rating
39
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$56,728
Expenses
$57,727
Assets
$181,216
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • DREW WALKER (PRESIDENT)
  • KERRA ARMSTRONG (VICE PRESIDENT)

People named in this filing

  • DUSTIN HEISER (MEMBER)
  • IAN MILLER (MEMBER)
  • DAVID SMITH (MEMBER)

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

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

Overview

Mission

Organization's primary exempt purpose; represent the farmer's voice on issues related to agriculture, educate the consumer and promote farm products, keep members abreast of policies and new developments.

What it reported doing in 2024

Ag day, our board goes to schools (k-6) with the help of the local ffa students and purdue extension. We go around to each classroom for about an hour and teach students about ag in Indiana, normally with an animal focus, with live animals.

Operating model

Revenue model
Investment-supported. 78% of the money available for current operations came from recurring investment income.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 2.3%; rating input score 2
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: -1.8%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 3.14; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 1.6%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 0.2% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 0.5% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 2.3% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 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 — Financial Efficiency: Mission deployment rate scored 2/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.