Kane County Farm Bureau Foundation

Nonprofit profile at a glance

EIN
363691384
IRS 990 coverage
2019–2025
Forms available
Form 990 2025, Form 990-EZ 2018
Location
St Charles, IL, USA
Phone
6305848660
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$95,947
Expenses
$63,750
Assets
$1,001,271
Liabilities
$91,657

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • JOSEPH WHITE (PRESIDENT)

Highest reported compensation

  • STEVE ARNOLD (MANAGER): $195,379 total reported compensation
  • JOSEPH WHITE (PRESIDENT): $7,298 total reported compensation
  • DALE PITSTICK (DIRECTOR): $4,884 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The kane county farm bureau foundation was established to promote education, leadership development and research in agricultural fields. The foundation awards thousands of dollars in scholarships and internships each year to area college students pursuing careers in one of Illinois' largest industries, agriculture.

What it reported doing in 2025

Issued a grant to the university of Illinois extension, ffa chapters, and other local organizations.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 70
  • Accountability: 68
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.7%; rating input score 61
  • Program expense ratio: 69.4%; rating input score 69
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 25th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 80.3%; rating input score 80; 53rd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 33.6%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 15.71; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 52.6%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 0.5% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 10% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 60.7% of revenue deployed · 69.4% of spending went to programs
  • Governance: 10 of 10 board members independent · 2 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $44K in reported program spending
  • Leadership: top reported pay $195K · 11 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Accountability: Governance controls: 7 of 9 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.