Civic Intelligence

Ohio Soybean Association

990 • Fiscal year 2016 • EIN 23-7167474

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 13, 2017

918 Proprietors Road AWorthington, OH 43085-3194

(614) 476-3100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.06x

Higher debt load relative to assets than 72% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.12x

Higher debt load relative to revenue than 81% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2016

Net Margin

51st percentile

4.6%

Higher net margin than 51% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2016

Asset Growth

20th percentile

-5.0%

Faster asset growth than 20% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

18th percentile

-7.7%

Faster revenue growth than 18% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$977,068

Down $51,964 (-5.0%) from 2015

Net Assets

Up

$922,188

Up $22,009 (+2.4%) from 2015

Liabilities

Down

$54,880

Down $73,973 (-57%) from 2015

Revenue

Down

$475,701

Down $39,881 (-7.7%) from 2015

Expenses

Down

$453,692

Down $29,820 (-6.2%) from 2015

Net Income

Down

$22,009

Down $10,061 (-31%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $590,740Liabilities 2010: $116,774Net Assets 2010: $473,9662010Assets 2011: $635,046Liabilities 2011: $93,968Net Assets 2011: $541,0782011Assets 2012: $739,950Liabilities 2012: $75,386Net Assets 2012: $664,5642012Assets 2013: $876,527Liabilities 2013: $87,769Net Assets 2013: $788,7582013Assets 2014: $993,702Liabilities 2014: $125,593Net Assets 2014: $868,1092014Assets 2015: $1,029,032Liabilities 2015: $128,853Net Assets 2015: $900,1792015Assets 2016: $977,068Liabilities 2016: $54,880Net Assets 2016: $922,1882016Assets 2017: $1,091,302Liabilities 2017: $98,994Net Assets 2017: $992,3082017Assets 2018: $1,064,000Liabilities 2018: $106,487Net Assets 2018: $957,5132018Assets 2019: $1,220,686Liabilities 2019: $130,989Net Assets 2019: $1,089,6972019Assets 2020: $1,281,314Liabilities 2020: $95,684Net Assets 2020: $1,185,6302020Assets 2021: $1,425,920Liabilities 2021: $73,836Net Assets 2021: $1,352,0842021Assets 2022: $1,368,399Liabilities 2022: $81,951Net Assets 2022: $1,286,4482022Assets 2023: $1,462,830Liabilities 2023: $93,835Net Assets 2023: $1,368,9952023Assets 2024: $1,550,843Liabilities 2024: $99,558Net Assets 2024: $1,451,2852024Assets 2025: $1,612,431Liabilities 2025: $97,493Net Assets 2025: $1,514,9382025

Highlighted filing

2016

Assets$977,068
Liabilities$54,880
Net Assets$922,188

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0Expenses 2010: $555,6502010Expenses 2011: $466,2652011Expenses 2012: $418,6342012Revenue 2013: $514,632Expenses 2013: $390,440Net Income 2013: $124,1922013Revenue 2014: $553,672Expenses 2014: $474,321Net Income 2014: $79,3512014Revenue 2015: $515,582Expenses 2015: $483,512Net Income 2015: $32,0702015Revenue 2016: $475,701Expenses 2016: $453,692Net Income 2016: $22,0092016Revenue 2017: $478,649Expenses 2017: $401,349Net Income 2017: $77,3002017Revenue 2018: $429,107Expenses 2018: $409,635Net Income 2018: $19,4722018Revenue 2019: $454,363Expenses 2019: $416,578Net Income 2019: $37,7852019Revenue 2020: $412,145Expenses 2020: $363,817Net Income 2020: $48,3282020Revenue 2021: $487,085Expenses 2021: $408,375Net Income 2021: $78,7102021Revenue 2022: $496,772Expenses 2022: $419,964Net Income 2022: $76,8082022Revenue 2023: $501,336Expenses 2023: $449,938Net Income 2023: $51,3982023Revenue 2024: $601,029Expenses 2024: $512,365Net Income 2024: $88,6642024Revenue 2025: $593,370Expenses 2025: $539,976Net Income 2025: $53,3942025

Highlighted filing

2016

Revenue$475,701
Expenses$453,692
Net Income$22,009
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 13, 2017
Return Version
2016v3.0
Gross Receipts
$475,701
Mission and Program Overview

Mission

To educate soybean farmers and promote the use of soybeans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$96,508$473,675▲ $377,167
Cash and Non-Interest-Bearing Accounts$657,244$217,453▼ $439,791
Accounts Receivable$10,590$15,089▲ $4,499
Prepaid Expenses and Deferred Charges$2,449$9,858▲ $7,409
Savings and Temporary Cash Investments$1,248--
Total Assets$1,029,032$977,068▼ $51,964
Other Assets Total$260,993$260,993→ $0
Liabilities
Accounts Payable and Accrued Expenses$62,277$31,276▼ $31,001
Deferred Revenue$66,576$23,604▼ $42,972
Total Liabilities$128,853$54,880▼ $73,973
Net Assets / Fund Balance
Unrestricted Net Assets$900,179$922,188▲ $22,009
Total Net Assets Fund Balance$900,179$922,188▲ $22,009
Total Liabilities and Net Assets / Fund Balance$1,029,032$977,068▼ $51,964

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$260,993--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$409,497
Investment Income
$27,699
Other Revenue
$38,505
Change in Net Assets
$22,009

Audited Revenue Reconciliation

Revenue per Audited Statements
$475,701
Total Revenue per Audited Statements
$475,701
Total Revenue per Form 990
$475,701
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$453,692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$88,750
Other Expenses---$42,114
Total Functional Expenses$0$0$0$453,692

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$453,692
Total Expenses per Audited Statements$453,692
Total Expenses per Form 990$453,692
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The association uses a llc to manage the association.

Form 990, Page 6, Part VI, Line 6

The association has members.

Form 990, Page 6, Part VI, Line 7A

The board members are nominated by the district.

Form 990, Page 6, Part VI, Line 11B

A draft of the form 990 was reviewed and approved by the board of directors prior to the filing of the form 990.

Form 990, Page 6, Part VI, Line 12C

The organization reviews the policies annually.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ohio Soybean Association
EIN
23-7167474
Phone
6144763100
Address
918 PROPRIETORS ROAD A, WORTHINGTON, OH 43085-3194

Signing Officer

Name
Adam Ward
Title
Executive Director
Phone
6144763100
Signed
2017-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Ward
Formed
1966
Legal Domicile
Oh
Voting Board Members
20
Independent Board Members
20
Employees
0

Preparer

Firm
MULLIGAN TOPY & CO CPA'S
Address
676 BROOK HOLLOW DR, GAHANNA, OH 43230
Preparer
Stanley J Topy CPA
Phone
6144711040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Producer communications 41,297 0 0 ohio soybean review 26,735 0 0 annual meeting 18,218 0 0 producer education 2,500 0 0 total 88,750 0 0

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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc1READERSHIP COSTS
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP EXPENSES
IRS990/OtherExpensesGrp/Desc3LEGISLATIVE
IRS990/OtherExpensesGrp/TotalAmt0115365
IRS990/OtherExpensesGrp/TotalAmt1111251
IRS990/OtherExpensesGrp/TotalAmt296212
IRS990/OtherExpensesGrp/TotalAmt342114
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0OHIO SOYBEAN REVIEW
IRS990/OtherRevenueMiscGrp/Desc1MEMBER SERVICES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05003
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13184
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt035321
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13184
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt030318
IRS990/OtherRevenueTotalAmt038505
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02449
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09858
IRS990/PrincipalOfficerNm0ADAM WARD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROMOTION AND EDUCATION
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2ANNUAL MEETING
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt178747
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt224500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0306250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178747
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt224500
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IRS990/PYInvestmentIncomeAmt01084
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IRS990/PYTotalRevenueAmt0515582
IRS990/ReconcilationRevenueExpnssAmt022009
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IRS990/RelatedEntityInd0false
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0260993
IRS990ScheduleD/TotalExpensesPerForm990Amt0453692
IRS990ScheduleD/TotalRevenuePerForm990Amt0475701
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0475701
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0453692
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION USES A LLC TO MANAGE THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS ARE NOMINATED BY THE DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT OF THE FORM 990 WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO THE FILING OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REVIEWS THE POLICIES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRODUCER COMMUNICATIONS 41,297 0 0 OHIO SOYBEAN REVIEW 26,735 0 0 ANNUAL MEETING 18,218 0 0 PRODUCER EDUCATION 2,500 0 0 TOTAL 88,750 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TotalAssetsEOYAmt0977068
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0453692
IRS990/TotalGrossUBIAmt030318
IRS990/TotalLiabilitiesBOYAmt0128853
IRS990/TotalLiabilitiesEOYAmt054880
IRS990/TotalLiabilitiesGrp/BOYAmt0128853
IRS990/TotalLiabilitiesGrp/EOYAmt054880
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0922188
IRS990/TotalProgramServiceRevenueAmt0409497
IRS990/TotalRevenueGrp/ExclusionAmt027699
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0417684
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0475701
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt030318
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01029032
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0977068
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0900179
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0922188
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0918 PROPRIETORS ROAD A
IRS990/USAddress/CityNm0WORTHINGTON
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043085
IRS990/VotingMembersGoverningBodyCnt020
IRS990/VotingMembersIndependentCnt020
IRS990/WebsiteAddressTxt0WWW.SOYOHIO.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM WARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06144763100
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OHIO SOYBEAN ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0OHIO
ReturnHeader/Filer/EIN0237167474
ReturnHeader/Filer/PhoneNum06144763100
ReturnHeader/Filer/USAddress/AddressLine1Txt0918 PROPRIETORS ROAD A
ReturnHeader/Filer/USAddress/CityNm0WORTHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd0430853194
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03F5C810ADA765550954F112EC318D80875B486EC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0414A4AE2F5894AD0409FF1807138D64FBE33F71F

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.61$0.10$1.51$0.59$0.54$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.55$0.10$1.45$0.60$0.51$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.46$0.09$1.37$0.50$0.45$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.37$0.08$1.29$0.50$0.42$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.43$0.07$1.35$0.49$0.41$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.28$0.10$1.19$0.41$0.36$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.22$0.13$1.09$0.45$0.42$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.06$0.11$0.96$0.43$0.41$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.09$0.10$0.99$0.48$0.40$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.98$0.05$0.92$0.48$0.45$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.03$0.13$0.90$0.52$0.48$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.13$0.87$0.55$0.47$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.88$0.09$0.79$0.51$0.39$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.08$0.66$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.09$0.54$0.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.12$0.47$0.56