Indiana Farm Bureau Steuben County Farm Bureau Inc

Nonprofit profile at a glance

EIN
350834774
IRS 990-EZ coverage
2015–2024
Forms available
Form 990 2014, Form 990-EZ 2024
Location
Knox, IN, USA
Phone
3176927851
Rating
38
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$105,138
Expenses
$97,887
Assets
$391,735
Liabilities
$252,383

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

Leadership & pay

12 people listed

Executive titles in this filing

  • MICHAEL HOLMAN (PRESIDENT)
  • GREGORY SMITH (VICE PRESIDENT)

People named in this filing

  • DANE BLACKBURN (DIRECTOR)
  • DOUG CLINGAN (DIRECTOR)
  • STACY CLINGAN (DIRECTOR)

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

We raise the general public's awareness about the cost of food and the share of that cost that goes to farmers at the farmers' share breakfast. Volunteers are able to interact with the public & answer questions.

Operating model

Revenue model
Investment-supported. 81% 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. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.9%; rating input score 1
  • 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: 6.9%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 4; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.64; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0.6%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 9.7% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: -2.3% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 0.9% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2015 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 — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.