Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $135,008

• 2a · Program service revenue: ASSESSMENT REVENUE

  total $6,793,536 · related or exempt $6,793,536

• 2b · Program service revenue: OUT-OF-STATE ASSESSMENT REVENUE

  total $2,469,976 · related or exempt $2,469,976

• 2c · Program service revenue: MEMBERSHIP DUES

  total $53,343 · related or exempt $53,343

• 3 · Investment income

  total $514,586 · excluded $514,586

• 5 · Royalties

  total $20,431 · excluded $20,431

• 6a · Gross rents

  real property $346,726

• 6b · Less rental expenses

  real property $423,932

• 6c · Rental income or loss

  real property -$77,206

• 6d · Net rental income or loss

  total -$77,206 · excluded -$77,206

• 7a · Gross sales of assets other than inventory

  other assets $29,500

• 7b · Less cost or other basis and sales expenses

  other assets $24,222

• 7c · Gain or loss

  other assets $5,278

• 7d · Net gain or loss

  total $5,278 · excluded $5,278

• 11a · Other revenue: MAGAZINE SPONSORSHIP

  total $375,914 · unrelated business $22,440 · excluded $353,474

• 11b · Other revenue: OTHER REVENUE

  total $20,286 · excluded $20,286

• 11e · Other revenue, total

  $396,200

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,345,068

• 5 · Compensation of officers, directors and key employees

  total $327,718

• 7 · Other salaries and wages

  total $1,133,100

• 9 · Other employee benefits

  total $38,813

• 10 · Payroll taxes

  total $109,415

• 11b · Fees: legal

  total $39,266

• 11c · Fees: accounting

  total $34,500

• 11g · Fees: other

  total $820,336

• 12 · Advertising and promotion

  total $365,529

• 13 · Office expenses

  total $152,322

• 14 · Information technology

  total $180,347

• 16 · Occupancy

  total $104,195

• 17 · Travel

  total $541,506

• 19 · Conferences, conventions and meetings

  total $328,121

• 22 · Depreciation, depletion and amortization

  total $304,648

• 23 · Insurance

  total $31,142

• 24a · Other expenses: AWARDS

  total $1,411,738

• 24b · Other expenses: DUES/MEMBERSHIPS

  total $239,512

• 24c · Other expenses: PROJECT SUPPLIES

  total $236,820

• 24d · Other expenses: AGENCY SERVICES

  total $85,169

• 24e · All other expenses

  total $56,135

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,899 · end of year $4,065

• 2 · Savings and temporary cash investments

  beginning of year $17,051,091 · end of year $16,524,471

• 4 · Accounts receivable

  beginning of year $458,525 · end of year $767,765

• 9 · Prepaid expenses and deferred charges

  beginning of year $142,544 · end of year $182,874

• 10a · Land, buildings and equipment: cost or other basis

  $6,366,244

• 10b · Land, buildings and equipment: accumulated depreciation

  $3,125,755

• 10c · Land, buildings and equipment, net

  beginning of year $3,592,374 · end of year $3,240,489

• 14 · Intangible assets

  beginning of year $32,985 · end of year $17,116

• 17 · Accounts payable and accrued expenses

  beginning of year $2,433,194 · end of year $2,160,985

• 18 · Grants payable

  beginning of year $1,286,899 · end of year $1,585,526

• 27 · Net assets without donor restrictions

  beginning of year $17,562,325 · end of year $16,990,269

The filer's explanations (Part III)

PART 1, LINE 1A - FIRST CLASS OR CHARTER TRAVEL

BUSINESS-CLASS TRAVEL MAY BE APPROVED FOR STAFF OR DIRECTORS FOR FLIGHTS EXCEEDING EIGHT CONSECUTIVE HOURS AND WHEN THERE IS A BONA FIDE BUSINESS PURPOSE RELATED TO MARKET DEVELOPMENT OR PARTICIPATION IN TRADE MISSIONS TO BENEFIT SOYBEAN FARMERS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• 8425 KEYSTONE CROSSING LLC

  PROPERTY MANAGEMENT · IN · income $104,893 · assets $3,751,048

  Directly controlled by INDIANA SOYBEAN ALLIANCE INC