Iowa Farm Bureau Federation
EIN: 420685008 · Red Oak, IA
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $88K |
| Net Assets | $1.2M |
Is Iowa Farm Bureau Federation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Farm Bureau Federation
Iowa Farm Bureau Federation (EIN: 420685008) is a nonprofit organization based in Red Oak, IA. The organization reported total revenue of $136K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Farm Bureau Federation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Farm Bureau Federation is a small nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $88K |
| Surplus / Deficit | +$30K |
| Total Assets | $1.2M |
| Total Liabilities | $789 |
| Net Assets | $1.2M |
| Operating Margin | 25.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 169.3 months |
Financial Health Grade: A
In 2023, Iowa Farm Bureau Federation reported a surplus of $30K with revenue exceeding expenses, holds 169.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Iowa Farm Bureau Federation's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.2% | -2.5% | +0.1% |
| 2022 | +955.8% | -10.1% | +411.2% |
| 2021 | +4.5% | +5.5% | -1.5% |
| 2020 | +6.3% | +5.3% | +1.2% |
| 2019 | -1.2% | -1.7% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Farm Bureau Federation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iowa Farm Bureau Federation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Iowa Farm Bureau Federation
Is Iowa Farm Bureau Federation a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Farm Bureau Federation (EIN: 420685008) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa Farm Bureau Federation spend its money?
Detailed spending breakdown data is not yet available for Iowa Farm Bureau Federation. Check back for updated IRS 990 analysis.
Are donations to Iowa Farm Bureau Federation tax-deductible?
Iowa Farm Bureau Federation is registered as a tax-exempt nonprofit (EIN: 420685008). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Farm Bureau Federation located?
Iowa Farm Bureau Federation is headquartered in Red Oak, Iowa and files with the IRS under EIN 420685008.
How many years of IRS 990 filings does Iowa Farm Bureau Federation have?
Iowa Farm Bureau Federation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $136K in total revenue.
Filing History
IRS 990 filing history for Iowa Farm Bureau Federation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iowa Farm Bureau Federation's revenue has grown by 53.2%, moving from $77K to $118K. Total assets increased by 564% over the same period, from $187K to $1.2M. Total functional expenses rose by 25.4%, from $70K to $88K. In its most recent filing year (2023), Iowa Farm Bureau Federation reported a surplus of $30K, with revenue exceeding expenses. The organization holds $789 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $88K | $1.2M | $789 | — | — |
| 2022 | $1.1M | $90K | $1.2M | $4K | — | View 990 |
| 2021 | $103K | $100K | $242K | $2K | — | View 990 |
| 2020 | $98K | $95K | $246K | $9K | — | — |
| 2019 | $93K | $90K | $243K | $9K | — | View 990 |
| 2018 | $94K | $92K | $236K | $4K | — | View 990 |
| 2017 | $92K | $86K | $242K | $12K | — | View 990 |
| 2016 | $94K | $85K | $237K | $13K | — | View 990 |
| 2015 | $92K | $80K | $226K | $10K | — | View 990 |
| 2014 | $81K | $77K | $222K | $17K | — | View 990 |
| 2013 | $78K | $70K | $214K | $14K | — | View 990 |
| 2012 | $76K | $70K | $199K | $7K | — | View 990 |
| 2011 | $77K | $70K | $187K | $680 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $88K, and assets of $1.2M (revenue -89.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $90K, and assets of $1.2M (revenue +955.8% year-over-year).
- 2021: Revenue of $103K, expenses of $100K, and assets of $242K (revenue +4.5% year-over-year).
- 2020: Revenue of $98K, expenses of $95K, and assets of $246K (revenue +6.3% year-over-year).
- 2019: Revenue of $93K, expenses of $90K, and assets of $243K (revenue -1.2% year-over-year).
- 2018: Revenue of $94K, expenses of $92K, and assets of $236K (revenue +1.8% year-over-year).
- 2017: Revenue of $92K, expenses of $86K, and assets of $242K (revenue -1.8% year-over-year).
- 2016: Revenue of $94K, expenses of $85K, and assets of $237K (revenue +2.3% year-over-year).
- 2015: Revenue of $92K, expenses of $80K, and assets of $226K (revenue +12.7% year-over-year).
- 2014: Revenue of $81K, expenses of $77K, and assets of $222K (revenue +4.5% year-over-year).
- 2013: Revenue of $78K, expenses of $70K, and assets of $214K (revenue +2.2% year-over-year).
- 2012: Revenue of $76K, expenses of $70K, and assets of $199K (revenue -0.7% year-over-year).
- 2011: Revenue of $77K, expenses of $70K, and assets of $187K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Farm Bureau Federation:
Data Sources and Methodology
This transparency report for Iowa Farm Bureau Federation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.