Iowa Farm Bureau Federation D/b/a W Pottawattamie County Farm Bureau

Nonprofit profile at a glance

EIN
420593575
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Council Bluffs, IA, USA
Phone
7123220251
Rating confidence
Limited

Reported finances

Revenue
$256,696
Expenses
$190,445
Assets
$1,962,483
Liabilities
$4,493

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

Leadership & pay

16 people listed

Executive titles in this filing

  • MIKE GENEREUX (PRESIDENT)
  • ADAM GITTINS (VICE PRESIDENT)

People named in this filing

  • MIKE GENEREUX (PRESIDENT)
  • ADAM GITTINS (VICE PRESIDENT)
  • DAN ELLIOT (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

Ag education: west pottawattamie county farm bureau strongly supports agricultural education and has worked very hard at keeping the local schools aware of how important agriculture is. We have done this by conducting aitc activities in area schools and supporting loess hills aitc. We hope our involvement in the area will encourage individuals to be prepared for leadership and careers in science, business and technology of agriculture. We continue to support our local ffa program in which a monetary gift to help build a barn on the school grounds to help the students learned more about livestock by on hands education. Some of those events includes sponsoring a soil judging contest for ffa members at wallace research farm. We award 3 scholarships and send local young farmers to the young farmers & leadership conference. West pottawattamie created a ag entrepreneurship program- where two 8th grade students are chosen to participate in the program. They each receive a $5000 loan to create an ag based business. At the end of five years the student will pay back the original $5000 interest free loan.

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: 82
  • Accountability: 94
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 82.4%; rating input score 82; 49th 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: 25.8%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 10.3; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 8.8% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 23.2% 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: 16 of 16 board members independent · 6 of 7 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 16 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 54/100.