Civic Intelligence

Agricultural Utilization Research Institute

990 • Fiscal year 2024 • EIN 41-1635043

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 02, 2025

510 County Road 71 Ste 120Crookston, MN 56716

(218) 281-7600

Siviq Scores

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

Liabilities / Assets

67th percentile

0.29x

Higher debt load relative to assets than 67% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.36x

Higher debt load relative to revenue than 68% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

60th percentile

9.4%

Higher net margin than 60% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$237,208

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

87th percentile

33%

Faster asset growth than 87% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

8.6%

Faster revenue growth than 51% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,882,711

Up $2,206,971 (+33%) from 2023

Net Assets

Up

$6,337,402

Up $767,383 (+14%) from 2023

Liabilities

Up

$2,545,309

Up $1,439,588 (+130%) from 2023

Revenue

Up

$7,013,347

Up $555,667 (+8.6%) from 2023

Expenses

Up

$6,353,391

Up $109,764 (+1.8%) from 2023

Net Income

Up

$659,956

Up $445,903 (+208%) from 2023

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $9,139,076Liabilities 2011: $2,542,311Net Assets 2011: $6,596,7652011Assets 2012: $8,158,450Liabilities 2012: $2,583,045Net Assets 2012: $5,575,4052012Assets 2013: $7,967,326Liabilities 2013: $3,395,209Net Assets 2013: $4,572,1172013Assets 2014: $7,650,400Liabilities 2014: $3,165,626Net Assets 2014: $4,484,7742014Assets 2015: $7,733,964Liabilities 2015: $3,117,458Net Assets 2015: $4,616,5062015Assets 2016: $7,880,191Liabilities 2016: $3,069,609Net Assets 2016: $4,810,5822016Assets 2017: $5,079,586Liabilities 2017: $314,258Net Assets 2017: $4,765,3282017Assets 2018: $4,946,100Liabilities 2018: $383,124Net Assets 2018: $4,562,9762018Assets 2019: $4,704,852Liabilities 2019: $371,783Net Assets 2019: $4,333,0692019Assets 2020: $5,668,171Liabilities 2020: $1,001,844Net Assets 2020: $4,666,3272020Assets 2021: $5,866,335Liabilities 2021: $594,667Net Assets 2021: $5,271,6682021Assets 2022: $6,538,023Liabilities 2022: $1,228,558Net Assets 2022: $5,309,4652022Assets 2023: $6,675,740Liabilities 2023: $1,105,721Net Assets 2023: $5,570,0192023Assets 2024: $8,882,711Liabilities 2024: $2,545,309Net Assets 2024: $6,337,4022024

Highlighted filing

2024

Assets$8,882,711
Liabilities$2,545,309
Net Assets$6,337,402

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,015,6742011Expenses 2012: $4,626,2142012Revenue 2013: $4,088,581Expenses 2013: $4,852,166Net Income 2013: -$763,5852013Revenue 2014: $4,704,011Expenses 2014: $4,753,106Net Income 2014: -$49,0952014Revenue 2015: $4,791,391Expenses 2015: $4,616,278Net Income 2015: $175,1132015Revenue 2016: $4,253,929Expenses 2016: $4,019,734Net Income 2016: $234,1952016Revenue 2017: $3,056,376Expenses 2017: $3,030,398Net Income 2017: $25,9782017Revenue 2018: $4,494,846Expenses 2018: $4,592,750Net Income 2018: -$97,9042018Revenue 2019: $4,467,171Expenses 2019: $4,675,841Net Income 2019: -$208,6702019Revenue 2020: $5,073,559Expenses 2020: $4,709,500Net Income 2020: $364,0592020Revenue 2021: $5,389,230Expenses 2021: $4,722,058Net Income 2021: $667,1722021Revenue 2022: $5,034,016Expenses 2022: $4,961,957Net Income 2022: $72,0592022Revenue 2023: $6,457,680Expenses 2023: $6,243,627Net Income 2023: $214,0532023Revenue 2024: $7,013,347Expenses 2024: $6,353,391Net Income 2024: $659,9562024

Highlighted filing

2024

Revenue$7,013,347
Expenses$6,353,391
Net Income$659,956
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 2, 2025
Return Version
2023v6.0
Gross Receipts
$8,529,229
Mission and Program Overview

Mission

Auri was created and funded by the minnesota legislature to foster long-term economic benefit through value-added agricultural products.

Auri was created and funded by the minnesota legislature to accelerate the expansion of the agricultural economy by empowering expanded uses and markets of agriculturally derived products.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$4,599,170$4,609,507▲ $10,337
Land, Buildings, and Equipment, Net$578,446$1,372,425▲ $793,979
Savings and Temporary Cash Investments$347,991$1,260,944▲ $912,953
Accounts Receivable$422,567$259,706▼ $162,861
Pledges and Grants Receivable$198,866$247,662▲ $48,796
Prepaid Expenses and Deferred Charges$28,039$54,939▲ $26,900
Cash and Non-Interest-Bearing Accounts$650$400▼ $250
Total Assets$6,675,740$8,882,711▲ $2,206,971
Other Assets Total$500,011$1,077,128▲ $577,117
Liabilities
Other Liabilities$443,758$1,000,708▲ $556,950
Deferred Revenue$94,882$873,682▲ $778,800
Accounts Payable and Accrued Expenses$567,081$670,919▲ $103,838
Total Liabilities$1,105,721$2,545,309▲ $1,439,588
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,570,019$6,337,402▲ $767,383
Total Net Assets Fund Balance$5,570,019$6,337,402▲ $767,383
Total Liabilities and Net Assets / Fund Balance$6,675,740$8,882,711▲ $2,206,971

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$986,463$1,547,390$2,533,853
Leasehold Improvements$385,962$901,448$1,287,410
Other Land Buildings$0$86,351$86,351
Investment Program Related Org$997,575--
Other Assets Org$992,461--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shannon SchlechtExecutive DirectorFT$199,290$37,918$237,208
Luca ZulloSr. Director of Science & TechnologyFT$145,583$18,133$163,716
Adam StrattonSr. Director of OperationsFT$124,816$33,034$157,850
Jennifer Wagner-lahrSr. Director of CommercializationFT$121,374$33,053$154,427
Lisa GjersvikSr. Director of Strategy ManagementFT$104,752$31,898$136,650
Michael SparbyCommericialization DirectoFT$103,538$31,940$135,478
Federico TripodiChairPT$2,320-$2,320
Jon VeldhouseDirector-$1,245-$1,245
John SchaferVice Chair-$705-$705
Joe SerbusDirector-$450-$450
Jeff GrevDirector-$370-$370
Carolyn OlsonSecretary/treasurer-$150-$150

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$6,619,372
Program Service Revenue
$126,058
Investment Income
$253,152
Other Revenue
$14,765
All Other Contributions
$616,062
Change in Net Assets
$659,956

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,013,347
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$107,427
Total Revenue per Audited Statements
$7,120,774
Total Revenue per Form 990
$7,013,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,251,317
Other Expenses$1,902,074
Grants and Similar Amounts Paid$200,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,464,285$747,207-$2,211,492
Current Officers, Directors, Trustees, and Key Employees$599,606$556,959-$1,156,565
Other Employee Benefits$336,845$182,464-$519,309
Depreciation Depletion$229,157$65,913-$295,070
Fees for Services Other-$288,092-$288,092
Payroll Taxes$145,110$84,449-$229,559
Grants to Domestic Orgs$200,000--$200,000
Occupancy$138,674$49,467-$188,141
Travel$84,270$72,197-$156,467
Pension Plan Contributions$89,615$44,777-$134,392
Office Expenses$60,496$46,718-$107,214
Insurance-$72,325-$72,325
Advertising$13,212$48,075-$61,287
Fees for Services Lobbying$36,000--$36,000
Other Expenses$9,873$19,505-$29,378
Fees for Services Accounting-$27,115-$27,115
Fees for Services Legal-$18,538-$18,538
Conferences and Meetings$9,554$8,970-$18,524
All Other Expenses$14,888$2,837-$17,725
Total Functional Expenses$3,991,427$2,361,964$0$6,353,391

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,353,391
Total Expenses per Audited Statements$6,353,391
Total Expenses per Form 990$6,353,391
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ag Innovation CampusCrookston, MN-Initiative Expenditures$200,000
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Leases$1,000,708
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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

The form 990 is electronically sent to the board of directors for review and is then discussed and approved at a board meeting prior to filing.

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

Board members are required to sign a conflict of interest agreement upon being seated on the auri board of directors and it is reviewed and signed-off upon annually, thereafter. Auri requires board members to disclose any actual or perceived conflicts of interest with auri.

Form 990, Part VI, Section B, Line 15

The auri board of directors conducts an annual evaluation/review of the executive director's performance. The board of directors decides upon and approves the compensation of the executive director with input from auri's human resources department. The auri human resources department looks at comparable data to substantiate the compensation, along with input from an independent company. The salaries, wages and benefits of all auri employees are included in the annual budget, which is reviewed and approved by the executive director and board of directors annually. All compensation of auri employees is reviewed by its human resources department and an independent party prior to hire and reviewed annually, thereafter.

Form 990, Part VI, Section C, Line 19

Governing documents and conflict of interest policies are available upon request to the executive director. Financial statements are made publicly available at all board meetings and upon request to the executive director.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Shannon schlecht - 510 county road 71, ste #120, crookston, mn 56716.

Part VII

Mr. Kenneth asp represented mn wheat research & promotional council until being replaced by ms. Mikayla tabert in january of 2024. Mr. Joe serbus represents mn soybean research & promotional council. Mr. John schafer represents mn beef council. Mr. Jerry hasnedl represented minnesota farmer's union until being replaced by mr. Ted winter in january of 2024. Mr. Jeff grev, works for hormel corporation and represents agri-business on auri's board of directors. Ms. Lauren mcnamara works for sunopta and represents an agri-business seat on auri's board of directors. Mn wheat, mn soybean, mn beef, mn farmer's union, hormel and sunopta may or may not be collaborators on some of auri's projects. Shannon schlecht and jimmy gosse, employees of auri served as board members for the ag innovation campus. Leadership in this project included mn soybean growers, mn soybean research and promotion council, and farmers union industries, all of which collaborate on some projects with auri. The ag innovation campus closed and dissolved in september of 2024.

Filing and Contact Details

Filer

Filer Name
Agricultural Utilization Research Inst
EIN
41-1635043
Phone
2182817600
Address
510 COUNTY ROAD 71 STE 120, CROOKSTON, MN 56716

Signing Officer

Name
Shannon M Schlecht
Title
Executive Director
Phone
2182817600
Signed
2025-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shannon M Schlecht
Formed
1989
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
40
Volunteers
3

Preparer

Firm
SCHLENNER WENNER & CO CPA'S PA
Address
630 ROOSEVELT RD STE 201, ST CLOUD, MN 56301
Preparer
Shelley M Gaetz
Phone
3202510286
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Auri follows fasb asc topic 740, uncertainty in income taxes. Auri is recognized by the internal revenue service as a not-for-profit organization under irs code section 501(c)(3). Due to the not-for-profit nature and provision of auri, all income and expenses attributable to the mission of auri are tax exempt and accordingly no provision or liability for income taxes have been made in the financial statements and contributions to auri are tax deductible to donors as allowed by irs regulations. However, auri is required to pay state and federal income taxes on unrelated business income. If auri were to engage in any activities that resulted in unrelated business income, a tax would be assessed on that activity. Auri is open and subject to examination generally for three years after the filing date.

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IRS990/ActivityOrMissionDesc0AURI WAS CREATED AND FUNDED BY THE MINNESOTA LEGISLATURE TO ACCELERATE THE EXPANSION OF THE AGRICULTURAL ECONOMY BY EMPOWERING EXPANDED USES AND MARKETS OF AGRICULTURALLY DERIVED PRODUCTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12SR. DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13SR. DIRECTOR OF COMMERCIALIZATION
IRS990/Form990PartVIISectionAGrp/TitleTxt14COMMERICIALIZATION DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt15SR. DIRECTOR OF SCIENCE & TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt16SR. DIRECTOR OF STRATEGY MANAGEMENT
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0AURI WAS CREATED AND FUNDED BY THE MINNESOTA LEGISLATURE TO ACCELERATE THE EXPANSION OF THE AGRICULTURAL ECONOMY BY EMPOWERING EXPANDED USES AND MARKETS OF AGRICULTURALLY DERIVED PRODUCTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt046718
IRS990/OfficeExpensesGrp/ProgramServicesAmt060496
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IRS990/OperateHospitalInd00
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IRS990/OtherAssetsTotalGrp/EOYAmt01077128
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IRS990/OtherExpensesGrp/Desc1EQUIPMENT & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
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IRS990/OtherExpensesGrp/TotalAmt236294
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt044777
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IRS990/ProgramServiceRevenueGrp/Desc0FEE-FOR-SERIVCE
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IRS990/ProgramServiceRevenueGrp/Desc2PROJECT FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt216635
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216635
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43784
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IRS990/PYContributionsGrantsAmt05892726
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IRS990/PYProgramServiceRevenueAmt0349121
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
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IRS990/RoyaltiesRevenueGrp/ExclusionAmt014765
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt014765
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0347991
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04779025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05136845
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt097796
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0179370
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IRS990ScheduleA/PublicSupportPY170Pct00.97010
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04284345
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt026712313
IRS990ScheduleA/TotalSupportAmt027617839

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.88$2.55$6.34$7.01$6.35$0.66
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.68$1.11$5.57$6.46$6.24$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.54$1.23$5.31$5.03$4.96$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$0.59$5.27$5.39$4.72$0.67
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$1.00$4.67$5.07$4.71$0.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.70$0.37$4.33$4.47$4.68$0.21
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.95$0.38$4.56$4.49$4.59$0.10
2017Summary only. Only limited summary data is available for this year.$5.08$0.31$4.77$3.06$3.03$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.88$3.07$4.81$4.25$4.02$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.73$3.12$4.62$4.79$4.62$0.18
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.65$3.17$4.48$4.70$4.75$0.05
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.97$3.40$4.57$4.09$4.85$0.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.16$2.58$5.58$4.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.14$2.54$6.60$4.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $5M-$10M nonprofits