Marion County Farm Bureau

Nonprofit profile at a glance

EIN
930477817
IRS 990 coverage
2023–2023
Forms available
Form 990 2023, Form 990-EZ 2022
Location
Salem, OR, USA
Phone
5033780595
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$96,361
Expenses
$82,501
Assets
$329,746
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • DANA ESTENSEN (President)
  • STUART OLSON (Vice President)

People named in this filing

  • JOHN ZIELINSKI (Director)
  • CLAIRE BILLMAN (Director)
  • GRAHAM FORDYCE (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. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of this organization is to work for the solution of the problems of the farm, the farm home, and the rural community, by the use of the recognized advantages of organized action to the end that those engaged in the various branches of agriculture may have and secure opportunities for happiness and prosperity in their chosen ocupations; to foster, promote, represent, protect and advance the educational, social and economic interests of the farmers of marion county.

What it reported doing in 2023

Marion county farm bureau (mcfb) provides scholarships to its local members such as the mary petzel memorial scholarship - is made available to any immediate member of a mcfb family preparing to enter a junior college, or a four-year college or university in the state of Oregon in an agricultural related major; and, other ag or non-ag related study scholarships. Mcfb also provides access to scholarships provided by the Oregon fram bureau and other related organizations such as summer ag institue - a project of the Oregon agricultural education foundation, which is a three-credit week-long, graduate-level class through Oregon state univeristy that educates k-12 teachers with little or no background in agriculture; and ofb memorial scholarships with 10-12 awards annually are open to any Oregon high school graduate preparing for an agriculture or forestry related career. Students attending institutions outside of Oregon are also eligible.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 90
  • Accountability: 68
  • Sustainability: 62
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.3%; rating input score 46
  • Program expense ratio: 58.7%; rating input score 59
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 84.6%; rating input score 85; 26th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 14.4%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 4; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.3% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 46.3% of revenue deployed · 58.7% of spending went to programs
  • Governance: 11 of 13 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $44K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.