Iowa Farm Bureau Federation D/b/a Butler County Farm Bureau

Nonprofit profile at a glance

EIN
420681385
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Allison, IA, USA
Phone
3192672784
Rating confidence
Limited

Reported finances

Revenue
$203,880
Expenses
$178,079
Assets
$1,764,179
Liabilities
$1,418

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

Leadership & pay

11 people listed

Executive titles in this filing

  • C DALE BOELMAN (PRESIDENT)
  • BRONZ HELMKE (VICE PRESIDENT)

People named in this filing

  • C DALE BOELMAN (PRESIDENT)
  • BRONZ HELMKE (VICE PRESIDENT)
  • CODY SHEAR (SECRETARY)

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

To create a vibrant future for agriculture, farm families and their communities.

What it reported doing in 2024

Public relations to members and non-members: fifty 4-h members whose parents are farm bureau members were provided $20 each to offset the dues to the county 4-h program for a total cost of $1000.00. $1500 was provided to the 4-h program to promote the 4 commodities entrants at the county fair by sponsoring trophies. $4000 was provided to the butler county fair for the purpose of enhancing the fair. $20,000.00 was provided to the butler county fair association for the purpose of constructing the beef building. The 8 food pantries in the county each received $300 during food check out week. Butler county farm bureau provides an office to the butler county development organization at a rental rate less than market value. The in-kind contribution to this organization is valued at $3600 per year. Bcfb sponsors radio promotions during national ffa week in february and national ag week in march. These promotions include agricultural facts as well as benefits of farm bureau at a cost was $540.00. Butler county farm bureau sponsored advertising during the butler county fair in june 2024 with board members being interviewed on the hampton radio station. Farm bureau's achievements and upcoming events were broadcasted during the fair week. Cost was $900.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 77
  • Accountability: 94
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 9th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 67.7%; rating input score 68; 45th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • 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: Pass

Sustainability

  • Operating margin: 12.7%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 9.91; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1.7% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 22.8% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 11 of 11 board members independent · 6 of 7 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.