Civic Intelligence

Soy Transportation Coalition

990 • Fiscal year 2021 • EIN 26-0493582

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 10, 2022

1255 SW Prairie Trail ParkwayAnkeny, IA 50021

(515) 251-8640

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

42nd percentile

0.04x

Higher debt load relative to revenue than 42% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Net Margin

80th percentile

27%

Higher net margin than 80% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Asset Growth

72nd percentile

25%

Faster asset growth than 72% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

9.8%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$742,820

Up $146,262 (+25%) from 2020

Net Assets

Up

$719,860

Up $157,964 (+28%) from 2020

Liabilities

Down

$22,960

Down $11,702 (-34%) from 2020

Revenue

Up

$585,721

Up $52,253 (+9.8%) from 2020

Expenses

Up

$427,757

Up $62,638 (+17%) from 2020

Net Income

Down

$157,964

Down $10,385 (-6.2%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $120,836Liabilities 2010: $20,278Net Assets 2010: $100,5582010Assets 2011: $208,469Liabilities 2011: $47,316Net Assets 2011: $161,1532011Assets 2012: $326,881Liabilities 2012: $96,540Net Assets 2012: $230,3412012Assets 2013: $407,902Liabilities 2013: $23,267Net Assets 2013: $384,6352013Assets 2014: $434,090Liabilities 2014: $85,983Net Assets 2014: $348,1072014Assets 2015: $441,471Liabilities 2015: $64,522Net Assets 2015: $376,9492015Assets 2017: $425,626Liabilities 2017: $57,046Net Assets 2017: $368,5802017Assets 2018: $396,871Liabilities 2018: $77,147Net Assets 2018: $319,7242018Assets 2019: $500,319Liabilities 2019: $106,772Net Assets 2019: $393,5472019Assets 2020: $596,558Liabilities 2020: $34,662Net Assets 2020: $561,8962020Assets 2021: $742,820Liabilities 2021: $22,960Net Assets 2021: $719,8602021Assets 2022: $1,283,910Liabilities 2022: $58,152Net Assets 2022: $1,225,7582022Assets 2025: $1,055,991Liabilities 2025: $303,096Net Assets 2025: $752,8952025

Highlighted filing

2021

Assets$742,820
Liabilities$22,960
Net Assets$719,860

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $300,000Expenses 2010: $265,885Net Income 2010: $34,1152010Expenses 2011: $302,5322011Expenses 2012: $371,3482012Expenses 2013: $317,2352013Revenue 2014: $501,341Expenses 2014: $537,869Net Income 2014: -$36,5282014Revenue 2015: $513,812Expenses 2015: $484,970Net Income 2015: $28,8422015Revenue 2017: $508,098Expenses 2017: $474,131Net Income 2017: $33,9672017Revenue 2018: $540,045Expenses 2018: $588,901Net Income 2018: -$48,8562018Revenue 2019: $568,613Expenses 2019: $494,790Net Income 2019: $73,8232019Revenue 2020: $533,468Expenses 2020: $365,119Net Income 2020: $168,3492020Revenue 2021: $585,721Expenses 2021: $427,757Net Income 2021: $157,9642021Revenue 2022: $1,001,336Expenses 2022: $495,438Net Income 2022: $505,8982022Revenue 2025: $861,385Expenses 2025: $991,711Net Income 2025: -$130,3262025

Highlighted filing

2021

Revenue$585,721
Expenses$427,757
Net Income$157,964
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 10, 2022
Return Version
2020v4.2
Gross Receipts
$585,721
Mission and Program Overview

Mission

Position soybean industry stakeholders to benefit from a transportation system that delivers cost effective, reliable, and competitive service.

Position soybean industry stakeholders to benefit from a transportation system that delivers cost effective, reliable, and competitive service

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$594,058$740,277▲ $146,219
Accounts Receivable$2,500$2,543▲ $43
Total Assets$596,558$742,820▲ $146,262
Liabilities
Accounts Payable and Accrued Expenses$34,662$22,960▼ $11,702
Total Liabilities$34,662$22,960▼ $11,702
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$561,896$719,860▲ $157,964
Total Net Assets Fund Balance$561,896$719,860▲ $157,964
Total Liabilities and Net Assets / Fund Balance$596,558$742,820▲ $146,262
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$585,000
Program Service Revenue
$0
Investment Income
$721
Other Revenue
$0
Change in Net Assets
$157,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$427,757
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
Fees for Services Management---$267,734
Fees for Services Other---$114,300
Travel---$22,764
Occupancy---$16,337
Fees for Services Legal---$1,690
Office Expenses---$1,342
Fees for Services Accounting---$1,200
Other Expenses---$492
Conferences and Meetings---$320
Total Functional Expenses$0$0$0$427,757
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Financial management reviews the form 990 and provides a copy to the board before filing. Management then reviews in summary the form 990 with the board members.

Form 990, Part VI, Section B, Line 12C

Annually the board is required to disclose conflicting interests. Board members are required to recuse themselves from any vote if there is a conflict.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Soy Transportation Coalition
EIN
26-0493582
Phone
5152518640
Address
1255 SW PRAIRIE TRAIL PARKWAY, ANKENY, IA 50021

Signing Officer

Name
Mike Steenhoek
Title
Executive Director
Phone
5152518640
Signed
2022-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Steenhoek
Formed
2007
Legal Domicile
Ia
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
30

Preparer

Firm
Bergankdv Ltd
Address
12100 MEREDITH DR SUITE 200, URBANDALE, IA 50323
Preparer
Brent L Alexander CPA
Phone
5157275700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted services 114,300.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0PROGRAM SERVICES ACCOMPLISHMENTS:1. SEEK A COST-EFFECTIVE TRANSPORTATION SYSTEM FOR SOY SHIPPERS AND CUSTOMERS.2. SEEK RELIABLE TRANSPORTATION SERVICES FOR SOY SHIPPERS AND CUSTOMERS.3. WORK TO ENSURE THE U.S. TRANSPORTATION SYSTEM HAS THE INFRASTRUCTURE AND CAPACITY NECESSARY FOR THE LONG-TERM COMPETITIVENESS OF THE SOYBEAN INDUSTRY.4. BUILD AND MAINTAIN COLLABRATIVE RELATIONSHIPS.5. ENSURE THE SOYBEAN INDUSTRY UNDERSTANDS THE IMPACT OF TRANSPORTATION ISSUES ON THEIR PROFITABILITY AND COMPETITIVENESS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt320
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt32CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0585721
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0721
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0721
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0585000
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0POSITION SOYBEAN INDUSTRY STAKEHOLDERS TO BENEFIT FROM A TRANSPORTATION SYSTEM THAT DELIVERS COST EFFECTIVE, RELIABLE, AND COMPETITIVE SERVICE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0561896
IRS990/NetAssetsOrFundBalancesEOYAmt0719860
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0561896
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0719860
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt016337
IRS990/OfficeExpensesGrp/TotalAmt01342
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SPONSORSHIP
IRS990/OtherExpensesGrp/Desc1BOOK /PUBLICATION PURCH
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTION
IRS990/OtherExpensesGrp/TotalAmt01000
IRS990/OtherExpensesGrp/TotalAmt1578
IRS990/OtherExpensesGrp/TotalAmt2492
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MIKE STEENHOEK
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0530000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03468
IRS990/PYOtherExpensesAmt0365119
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0168349
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0365119
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0533468
IRS990/ReconcilationRevenueExpnssAmt0157964
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FINANCIAL MANAGEMENT REVIEWS THE FORM 990 AND PROVIDES A COPY TO THE BOARD BEFORE FILING. MANAGEMENT THEN REVIEWS IN SUMMARY THE FORM 990 WITH THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY THE BOARD IS REQUIRED TO DISCLOSE CONFLICTING INTERESTS. BOARD MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM ANY VOTE IF THERE IS A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACTED SERVICES 114,300.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.30$0.75$0.86$0.99$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.06$1.23$1.00$0.50$0.51
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.02$0.72$0.59$0.43$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.03$0.56$0.53$0.37$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.11$0.39$0.57$0.49$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.08$0.32$0.54$0.59$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.06$0.37$0.51$0.47$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.06$0.38$0.51$0.48$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.09$0.35$0.50$0.54$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.02$0.38$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.10$0.23$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.05$0.16$0.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.02$0.10$0.30$0.27$0.03