Civic Intelligence

Indiana Crop Improvement Associatio

EIN 35-0892904 • 501(c)3 • Lafayette, IN

Profile

The indiana crop improvement association is the official seed certifying agency for the state of indiana. Its mission is to carry out the recordkeeping, field inspections, laboratory testing, post control grow out tests, issuance of official certification labels, and other activities associated with the certification of seeds and plant parts.

7700 Stockwell RdLafayette, IN 47909

www.indianacrop.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.07x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

37th percentile

0.09x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

75th percentile

$203,708

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

69th percentile

21%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$6,514,606

Up $800,218 (+14%) from 2024

Liabilities

Up

$475,918

Up $189,187 (+66%) from 2024

Net Assets

Up

$6,038,688

Up $611,031 (+11%) from 2024

Revenue

Up

$5,577,747

Up $949,667 (+21%) from 2024

Expenses

Up

$4,958,529

Up $558,300 (+13%) from 2024

Net Income

Up

$619,218

Up $391,367 (+172%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2020: $5,904,291Liabilities 2020: $369,596Net Assets 2020: $5,534,6952020Assets 2021: $6,586,348Liabilities 2021: $448,546Net Assets 2021: $6,137,8022021Assets 2022: $5,728,593Liabilities 2022: $218,529Net Assets 2022: $5,510,0642022Assets 2023: $5,602,939Liabilities 2023: $392,459Net Assets 2023: $5,210,4802023Assets 2024: $5,714,388Liabilities 2024: $286,731Net Assets 2024: $5,427,6572024Assets 2025: $6,514,606Liabilities 2025: $475,918Net Assets 2025: $6,038,6882025

Highlighted filing

2025

Assets$6,514,606
Liabilities$475,918
Net Assets$6,038,688

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $4,440,141Expenses 2020: $4,398,002Net Income 2020: $42,1392020Revenue 2021: $4,590,729Expenses 2021: $4,336,734Net Income 2021: $253,9952021Revenue 2022: $3,567,413Expenses 2022: $3,903,417Net Income 2022: -$336,0042022Revenue 2023: $4,407,708Expenses 2023: $5,012,297Net Income 2023: -$604,5892023Revenue 2024: $4,628,080Expenses 2024: $4,400,229Net Income 2024: $227,8512024Revenue 2025: $5,577,747Expenses 2025: $4,958,529Net Income 2025: $619,2182025

Highlighted filing

2025

Revenue$5,577,747
Expenses$4,958,529
Net Income$619,218

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Feb 17, 2026
Return Version
2024v5.0
Gross Receipts
$5,578,063
Mission and Program Overview

Mission

The indiana crop improvement association is the official seed certifying agency for the state of indiana. Its mission is to carry out the recordkeeping, field inspections, laboratory testing, post control grow out tests, issuance of official certification labels, and other activities associated with the certification of seeds and plant parts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,791,942$2,800,144▲ $8,202
Investments in Publicly Traded Securities$1,343,236$1,413,340▲ $70,104
Savings and Temporary Cash Investments$581,922$1,229,119▲ $647,197
Accounts Receivable$414,022$449,146▲ $35,124
Prepaid Expenses and Deferred Charges$223,547$321,014▲ $97,467
Cash and Non-Interest-Bearing Accounts$142,309$270,309▲ $128,000
Intangible Assets$217,410$31,534▼ $185,876
Total Assets$5,714,388$6,514,606▲ $800,218
Liabilities
Accounts Payable and Accrued Expenses$278,866$467,589▲ $188,723
Mortgage Notes Payable Secured by Investment Property$7,865$8,329▲ $464
Total Liabilities$286,731$475,918▲ $189,187
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,419,629$6,030,660▲ $611,031
Net Assets With Donor Restrictions$8,028$8,028→ $0
Total Net Assets Fund Balance$5,427,657$6,038,688▲ $611,031
Total Liabilities and Net Assets / Fund Balance$5,714,388$6,514,606▲ $800,218

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,298,989$1,380,683$3,679,672
Equipment$402,530$1,172,575$1,575,105
Land$98,625-$98,625
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John ZhengCSOFT$139,346$64,362$203,708
Craig NelsonCEOFT$161,153$18,822$179,975
Laura DonaldsonLab DirectorFT$133,510$41,361$174,871
Randall BargerIt ManagerFT$104,329$27,273$131,602

Board Members and Trustees

NameTitle
Wade WileyPresident
Brad MorrisonDirector
Brian MarlattDirector
David DunkDirector
Doug HardyDirector
Doug LantzDirector
Kathy MccarthyDirector
Rob JordanDirector
Robert WallerDirector
Bill StumphDirector at
Marshall MartinDirector at
Laura BowlingEx-officio
Ron TurcoEx-officio
Tesfaye MengisteEx-officio
Brett JonesVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Aggio LLCIt Services1100 CORPORATE SQUARE DR, St Louis, MO 63132$107,020
Revenue and Support

Revenue Composition

Contributions and Grants
$4,100
Program Service Revenue
$5,516,246
Investment Income
$50,538
Other Revenue
$6,863
Change in Net Assets
$619,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,871,555
Salaries, Compensation, and Employee Benefits$2,086,974
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,188,305$297,077-$1,485,382
Depreciation Depletion$317,228$32,805-$350,033
Occupancy$277,147$69,287-$346,434
Payroll Taxes$144,912$36,228-$181,140
Current Officers, Directors, Trustees, and Key Employees$144,062$36,015-$180,077
Conferences and Meetings$142,601$35,650-$178,251
Information Technology$133,542$33,385-$166,927
All Other Expenses$115,039$28,759-$143,798
Other Employee Benefits$114,383$28,595-$142,978
Pension Plan Contributions$77,918$19,479-$97,397
Fees for Services Other$75,048$18,762-$93,810
Other Expenses$66,865$16,716-$83,581
Travel$54,177$13,544-$67,721
Office Expenses$46,895$11,724-$58,619
Advertising$29,068$7,267-$36,335
Fees for Services Accounting$8,268$2,067-$10,335
Insurance$3,120$780-$3,900
Interest$1,781$445-$2,226
Total Functional Expenses$4,004,027$954,502$0$4,958,529
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
Lobbying 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
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Active membership is described in the articles of incorporation as, "an individual, firm or corporation actively producing, conditioning, or marketing icia certifiable agricultural products in the state of indiana can become an active member upon applying for membership, paying the appropriate membership fees, and receiving approval by icia management. An active member is entitled to one vote on each matter presented to the membership."

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

Active membership is described in the articles of incorporation as, "an individual, firm or corporation actively producing, conditioning, or marketing icia certifiable agricultural products in the state of indiana can become an active member upon applying for membership, paying the appropriate membership fees, and receiving approval by icia management. An active member is entitled to one vote on each matter presented to the membership."

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

The association's by-laws outline the procedure for association members to be elected to the board of directors, which is the governing body. An association nomination committee slates potential board members. This slate is represented to the association's active members at the association's annual business meeting. Nominations are called for from the floor and added to the slate if made. All active members present at the meeting are entitles to vote for members for election to the board of directors.

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

The process for distributing the form 990 for all members of the governing body is during our quarterly november board meeting; a copy is provided to every board member.

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

The association has a conflict of interest policy that is signed by all board members, officers, and senior staff. The policy requires that all board members and staff disclose any and all conflicts or possible conflicts as they arise. The chief executive officer monitors proposed or ongoing transactions of the organization for conflicts of interest and disclose them to the board and staff as appropriate, whether discovered before or after the transaction has occurred, results and actions are noted in board minutes.

Form 990, Page 6, Part VI, Line 15A

Annually, at a meeting, the salaries of the chief executive officer and the chief operations officer are reviewed and established by the association's executive committee. The executive committee is comprised of the president, vice-president, immediate past-president, a board of director's member at large, and the purdue university liaison board of director's member. The executive committee then recommends the salaries to the full association board of directors for final approval. The salaries are set based on experience, tenure, merit, and comparisons with salaries of similar position in other associations and businesses.

Form 990, Page 6, Part VI, Line 15B

The chief executive officer annually reviews the salaries of the other employees of the association and makes recommendations, and, if approved, recommends the salaries to the full board of directors for approval. These salaries are established based on experience, merit, tenure, and comparisons to salaries of similar positions in other associations and businesses.

Form 990, Page 6, Part VI, Line 19

The association maintains all records at the office at 7700 stockwell rd, lafayette, indiana. These records and documents are available for review upon request. Confidential seed certification records are not released without authorization of the certifying member. All other governance and financial records are public information. Announcements are made at the annual business meeting regarding availability of records, and the association's website has a statement indicating these records are available upon request.

Filing and Contact Details

Filer

Filer Name
Indiana Crop Improvement Associatio
EIN
35-0892904
Phone
7655232535
Address
7700 STOCKWELL RD, LAFAYETTE, IN 47909

Signing Officer

Name
Craig Nelson
Title
CEO
Phone
7655232535
Signed
2026-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Craig Nelson
Formed
1956
Legal Domicile
In
Voting Board Members
16
Independent Board Members
16
Employees
179
Volunteers
62

Preparer

Firm
Huth Thompson Llp
Address
PO BOX 970, LAFAYETTE, IN 47902-0970
Preparer
Kimberley R Morisette
Phone
7654285000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The indiana crop improvement association is the official seed certifying agency for the state of indiana. Its mission is to carry out the recordkeeping, field inspections, laboratory testing, post control grow out tests, issuance of official certification labels, and other activities associated with the certification of seeds and plant parts.

Form 990, Page 2, Part III, Line 4A

The indiana crop improvement association's principal program service is official seed certification. The objective of seed certification is to provide services to seed producers who the market certified seeds to farmers. This program services involves the maintenance of records, field inspections, seed testing, post control grow out tests for purity evaluations and the issuance of certified seed labels for seed meeting the official seed certification standards. The association served approximately 350 clients. Approximately 110,529 seed acres were inspected and 59,000 laboratory tests performed. Roughly 1,500 field grow outs were conducted to evaluate seed lot purity and approximately 2,000 seed labels were issued. The association held an annual meeting of its members providing education programs as well as the annual business meeting. Other educational and training meetings and seminars were held at the association's headquarters during the year.

Form 990, Part XI, Line 9

Book / tax depreciation difference -48,756 rounding 12 total -48,744

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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR AT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR AT
IRS990/Form990PartVIISectionAGrp/TitleTxt4EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14EX-OFFICIO
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IRS990/Form990PartVIISectionAGrp/TitleTxt16CSO
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