Kankakee County Farm Bureau EIN 36-1304040 Form 990 (PDF) Claim this org

Kankakee County Farm Bureau

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Supports farmers to boost their income and improve their family's quality of life. For fiscal year 2025 it reported $340K in revenue, $251K in expenses, and $1.0M in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Kankakee, IL
Filings
6 on file (2020–2025)
Revenue
$340KFY2025
Expenses
$251K
Net assets
$1.0M
People
17
Filings
6
Updates
0
More identity details & actions ⌄
EIN  36-1304040 Mutual-benefit / member-serving Kankakee, IL
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports farmers to boost their income and improve their family's quality of life.
Leadership
Clay Abbott · Director
Money in and out
$340K revenue, $251K expenses
Bottom line
+26% surplus margin
Reported financial activity · FY2025
Total revenue
$340K
Pt VIII · Ln 12
Total expenses
$251K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $88K
Where spending went · Part IX cols B–D
Program services $1.00
Surplus margin
+26%
revenue over expenses, this year▲ +22% vs prior filing year
Program spending
100%
of expenses reach programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$340K
FY2025▲ +25%
Expenses
$251K
FY2025▲ +18%
Total assets
$1.0M
FY2025▲ +12%
Total liabilities
$34K
FY2025▼ -12%
Total revenue
$340K
Pt VIII · Ln 12
Total expenses
$251K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$88K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKankakee County Farm Bureau
EINHdr · item D36-1304040
Principal addressHdr · item CKankakee, IL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(5) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFAug 1935

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2024.
01

Through the young leaders program the focus is on leadership development, community philanthropy, agriculture education, and agriculture commodity promotion.

Pt IX · col B
02

The farm bureau works to make sure agriculture's viewpoint is expressed and understood by local, state, and national leaders.

Pt IX · col B
03

Agriculture education to farmers, non-farmers, consumers and students.

Pt IX · col B

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Statement of Revenue

Part VIII
Other revenue$144K · 42%
Investment income$128K · 38%
Program service revenue$64K · 19%
Contributions & grants$4K · 1%
Other revenue42%$144K
Investment income38%$128K
Program service revenue19%$64K
Contributions & grants1%$4K
— government grantsLn 1e$4K
Total revenueLn 12$340K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$251K
Total functional expensesLn 25$251K

Balance Sheet

Part X · end of year
CashLn 1$141K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$34K
Total net assetsLn 32$1.0M
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $898K · Operating expenses/yr $251K
42.8 months
Where the money goes
Program services
Program services $251K · Total expenses $251K
100%
Management & General
Management & general $0 · Total expenses $251K
0%
Fundraising
Fundraising $0 · Total expenses $251K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4K · Total revenue $340K
1%
Government reliance
Government grants $4K · Total revenue $340K
1%
Earned-income share
Program service revenue $64K · Total revenue $340K
19%
Investment reliance
Investment income $128K · Total revenue $340K
+38%
Program self-sufficiency
Program service revenue $64K · Total expenses $251K
25%
Growth & trend
Revenue growth (YoY)
This year $340K · Prior year $271K
+25%
Revenue CAGR
FY2019 $267K · FY2024 $340K
+5%
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $340K · Expenses $251K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $1.0M · Total assets $1.0M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $757K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
73%
People & payroll
Highest Reported Total Compensation
Individual Clay Abbott · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $251K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $84K · Total expenses $251K
34%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 25%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$7K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$340K revenue · viewing · ⤓ 990 PDF
FY2024$271K revenue · ⤓ 990 PDF
FY2023$276K revenue · ⤓ 990 PDF
FY2022$260K revenue · ⤓ 990 PDF
FY2021$313K revenue · ⤓ 990 PDF
FY2020$267K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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