Iowa-nebraska Farm Equipment Association Inc is a 501(c)(6) organization based in Johnston, Iowa, registered in 1960, with $3,771,465 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.8M
▼ 0.2% vs prior year
Expenses (FY2024)
$3.3M
Net assets
$8.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Iowa-nebraska Farm Equipment Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Iowa-nebraska Farm Equipment Association Inc: 32 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Iowa-nebraska Farm Equipment Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Iowa-nebraska Farm Equipment Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $2.4M (FY2013) to $3.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
13.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.8M
Total liabilities
$4.1M
Net assets
$8.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,771,465▼0.2% | $3,277,924▲2.0% | $8,694,844▲14.6% | $12,821,774▲12.0% | 990 |
| 2023 | $3,777,476▲5.7% | $3,212,255▲4.6% | $7,590,369▲13.9% | $11,447,526▲20.2% | 990 |
| 2022 | $3,573,450▲15.4% | $3,069,664▲9.8% | $6,663,927▲11.1% | $9,522,882▲10.3% | 990 |
| 2021 | $3,095,740▲35.3% | $2,796,443▲10.8% | $6,000,001▼1.3% | $8,633,028▲5.1% | 990 |
| 2020 | $2,287,220▼24.6% | $2,523,728▼5.8% | $6,080,551▲9.8% | $8,214,656▲4.7% | 990 |
| 2019 | $3,033,249▲5.3% | $2,680,427▼1.5% | $5,540,059▲4.5% | $7,842,226▼0.9% | 990 |
| 2018 | $2,880,158▲4.7% | $2,721,858▲12.6% | $5,302,379▲1.2% | $7,915,729▼0.9% | 990 |
| 2017 | $2,750,655▲7.4% | $2,417,497▲10.6% | $5,238,244▲8.8% | $7,989,062▲8.4% | 990 |
| 2016 | $2,561,772▲1.5% | $2,185,155▲1.0% | $4,812,375▲11.8% | $7,368,910▲7.6% | 990 |
| 2015 | $2,523,648▲4.0% | $2,162,571▲8.4% | $4,305,942▲11.7% | $6,846,193▲10.5% | 990 |
| 2014 | $2,426,049▲0.9% | $1,995,365▼3.3% | $3,854,960▲11.2% | $6,197,882▲8.6% | 990 |
| 2013 | $2,404,054 | $2,064,055▲12.0% | $3,465,492▲10.1% | $5,707,327▲9.9% | 990 |
| 2012 | — | $1,843,673 | $3,148,080 | $5,193,827 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Iowa-nebraska Farm Equipment Association Inc (EIN 42-0332550) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.