FBFM is a cooperative educational-service program designed to assist farmers with management decision-making. It provides help with business and family records. Computer assisted record processing options are available either on farm or at service centers. It provides financial and production business analysis reports. An experienced Farm Analysis Specialist helps interpret analysis reports and counsels on management problems. The specialist meets regularly with each cooperator throughout the year. FBFM cooperates with the University of Illinois, Department of Agricultural and Consumer Economics and University of Illinois Extension, College of Agricultural, Consumer and Environmental Sciences, and local FBFM Associations. There are nine local not-for-profit associations in the state. The Pioneer FBFM Association is the oldest, starting in 1924.