Civic Intelligence

Iowa Crop Improvement Association

EIN 42-0686921 • 501(c)5 • Nevada, IA

Profile

Promote the general welfare of agriculture and use of superior seed. Iowa crop improvement association has been designated as the official seed certifying agency for the state of iowa. The organization has been providing iowa with quality, unbiased seed production services and crop performance testing services since 1920. The mission of the organization is to provide an unbiased source of service and education in production and quality assurance for iowa agricultural crops.

59400 190th StNevada, IA 50201-7932

www.iowacrop.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.05x

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

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

Liabilities / Revenue

77th percentile

0.15x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

71st percentile

20%

Higher net margin than 71% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$390,454

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 15.5% of source-year revenue.

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

Asset Growth

46th percentile

6.8%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

7th percentile

-10.0%

Faster revenue growth than 7% of similar nonprofits.

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

Assets

Up

$8,247,357

Up $523,768 (+6.8%) from 2023

Liabilities

Up

$387,754

Up $18,891 (+5.1%) from 2023

Net Assets

Up

$7,859,603

Up $504,877 (+6.9%) from 2023

Revenue

Down

$2,524,517

Down $279,590 (-10.0%) from 2023

Expenses

Up

$2,024,513

Up $279,267 (+16%) from 2023

Net Income

Down

$500,004

Down $558,857 (-53%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $2,682,251Liabilities 2010: $269,797Net Assets 2010: $2,412,4542010Assets 2011: $2,857,075Liabilities 2011: $240,198Net Assets 2011: $2,616,8772011Assets 2012: $3,493,996Liabilities 2012: $237,415Net Assets 2012: $3,256,5812012Assets 2013: $4,431,703Liabilities 2013: $297,648Net Assets 2013: $4,134,0552013Assets 2014: $4,785,233Liabilities 2014: $353,773Net Assets 2014: $4,431,4602014Assets 2015: $4,796,211Liabilities 2015: $290,656Net Assets 2015: $4,505,5552015Assets 2016: $5,359,452Liabilities 2016: $462,904Net Assets 2016: $4,896,5482016Assets 2017: $5,631,362Liabilities 2017: $562,649Net Assets 2017: $5,068,7132017Assets 2018: $5,744,211Liabilities 2018: $331,388Net Assets 2018: $5,412,8232018Assets 2019: $6,276,913Liabilities 2019: $1,464,441Net Assets 2019: $4,812,4722019Assets 2020: $6,888,771Liabilities 2020: $1,032,586Net Assets 2020: $5,856,1852020Assets 2021: $7,714,846Liabilities 2021: $1,360,667Net Assets 2021: $6,354,1792021Assets 2022: $6,546,559Liabilities 2022: $672,636Net Assets 2022: $5,873,9232022Assets 2023: $7,723,589Liabilities 2023: $368,863Net Assets 2023: $7,354,7262023Assets 2024: $8,247,357Liabilities 2024: $387,754Net Assets 2024: $7,859,6032024

Highlighted filing

2024

Assets$8,247,357
Liabilities$387,754
Net Assets$7,859,603

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $1,314,1032010Revenue 2011: $1,588,155Expenses 2011: $1,383,732Net Income 2011: $204,4232011Revenue 2012: $2,140,123Expenses 2012: $1,500,419Net Income 2012: $639,7042012Revenue 2013: $2,286,239Expenses 2013: $1,408,765Net Income 2013: $877,4742013Revenue 2014: $2,217,982Expenses 2014: $1,920,577Net Income 2014: $297,4052014Revenue 2015: $1,837,531Expenses 2015: $1,763,436Net Income 2015: $74,0952015Revenue 2016: $2,046,281Expenses 2016: $1,688,601Net Income 2016: $357,6802016Revenue 2017: $2,012,779Expenses 2017: $2,043,182Net Income 2017: -$30,4032017Revenue 2018: $1,868,061Expenses 2018: $1,218,789Net Income 2018: $649,2722018Revenue 2019: $1,918,468Expenses 2019: $2,922,746Net Income 2019: -$1,004,2782019Revenue 2020: $2,058,514Expenses 2020: $1,254,633Net Income 2020: $803,8812020Revenue 2021: $2,228,177Expenses 2021: $1,845,079Net Income 2021: $383,0982021Revenue 2022: $2,323,209Expenses 2022: $1,860,420Net Income 2022: $462,7892022Revenue 2023: $2,804,107Expenses 2023: $1,745,246Net Income 2023: $1,058,8612023Revenue 2024: $2,524,517Expenses 2024: $2,024,513Net Income 2024: $500,0042024

Highlighted filing

2024

Revenue$2,524,517
Expenses$2,024,513
Net Income$500,004

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.25$0.39$7.86$2.52$2.02$0.50
2023Detailed filing. Detailed filing data is available for this year.$7.72$0.37$7.35$2.80$1.75$1.06
2022Detailed filing. Detailed filing data is available for this year.$6.55$0.67$5.87$2.32$1.86$0.46
2021Detailed filing. Detailed filing data is available for this year.$7.71$1.36$6.35$2.23$1.85$0.38
2020Detailed filing. Detailed filing data is available for this year.$6.89$1.03$5.86$2.06$1.25$0.80
2019Detailed filing. Detailed filing data is available for this year.$6.28$1.46$4.81$1.92$2.92$1.00
2018Detailed filing. Detailed filing data is available for this year.$5.74$0.33$5.41$1.87$1.22$0.65
2017Detailed filing. Detailed filing data is available for this year.$5.63$0.56$5.07$2.01$2.04$0.03
2016Detailed filing. Detailed filing data is available for this year.$5.36$0.46$4.90$2.05$1.69$0.36
2015Detailed filing. Detailed filing data is available for this year.$4.80$0.29$4.51$1.84$1.76$0.07
2014Detailed filing. Detailed filing data is available for this year.$4.79$0.35$4.43$2.22$1.92$0.30
2013Detailed filing. Detailed filing data is available for this year.$4.43$0.30$4.13$2.29$1.41$0.88
2012Summary only. Only limited summary data is available for this year.$3.49$0.24$3.26$2.14$1.50$0.64
2011Summary only. Only limited summary data is available for this year.$2.86$0.24$2.62$1.59$1.38$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$0.27$2.41$1.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.0
Gross Receipts
$4,758,282
Mission and Program Overview

Mission

Promote the general welfare of agriculture and use of superior seed. Iowa crop improvement association has been designated as the official seed certifying agency for the state of iowa. The organization has been providing iowa with quality, unbiased seed production services and crop performance testing services since 1920. The mission of the organization is to provide an unbiased source of service and education in production and quality assurance for iowa agricultural crops.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,116,470$3,891,878▼ $224,592
Land, Buildings, and Equipment, Net$2,363,647$2,353,737▼ $9,910
Savings and Temporary Cash Investments$298,000$1,316,676▲ $1,018,676
Accounts Receivable$340,999$173,040▼ $167,959
Prepaid Expenses and Deferred Charges$7,949$171,223▲ $163,274
Inventories for Sale or Use$37,451$26,554▼ $10,897
Cash and Non-Interest-Bearing Accounts$172,641$23,183▼ $149,458
Total Assets$7,723,589$8,247,357▲ $523,768
Other Assets Total$386,432$291,066▼ $95,366
Liabilities
Grants Payable$100,000$150,000▲ $50,000
Other Liabilities$150,799$148,643▼ $2,156
Accounts Payable and Accrued Expenses$118,064$89,111▼ $28,953
Total Liabilities$368,863$387,754▲ $18,891
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,354,726$7,859,603▲ $504,877
Total Net Assets Fund Balance$7,354,726$7,859,603▲ $504,877
Total Liabilities and Net Assets / Fund Balance$7,723,589$8,247,357▲ $523,768

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$620,933$718,780$1,339,713
Buildings$934,987$110,286$1,045,273
Land$740,622-$740,622
Other Land Buildings$57,195$2,939$60,134
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Ryan BudnikSec/treasPT$138,299$138,299

Board Members and Trustees

NameTitle
Will CorneliusPresident
Andrew SmelserDirector
Daniel RobisonDirector
Jeff SteinbackDirector
Mary WiedenhoeftDirector
Mike NaigDirector
Nick WestphalDirector
Paul MuggeDirector
Steven HarrisDirector
Taylor HoughtonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,180,681
Investment Income
$284,930
Other Revenue
$58,906
Change in Net Assets
$500,004

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,496,002
Revenue Not Reported on Financial Statements
$28,515
Revenue Not Reported on Form 990
$4,873
Total Revenue per Audited Statements
$2,500,875
Total Revenue per Form 990
$2,524,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,032,939
Other Expenses$871,074
Grants and Similar Amounts Paid$120,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$633,378$216,438-$849,816
Depreciation Depletion$139,804$139,804-$279,608
Current Officers, Directors, Trustees, and Key Employees$92,600$46,299-$138,899
All Other Expenses$88,537$25,342-$113,879
Occupancy$72,615$33,343-$105,958
Grants to Domestic Orgs$101,500--$101,500
Other Expenses$45,911--$45,911
Payroll Taxes$27,490$16,734-$44,224
Fees for Service Investment Mgmnt Fees-$28,515-$28,515
Fees for Services Accounting-$26,251-$26,251
Travel$14,427$7,908-$22,335
Insurance$11,156$11,156-$22,312
Grants to Domestic Individuals$19,000--$19,000
Office Expenses-$16,809-$16,809
Total Functional Expenses$1,455,914$568,599$0$2,024,513

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,024,513
Expenses per Audited Statements$1,995,998
Total Expenses per Audited Statements$1,995,998
Expenses Not Reported on Financial Statements$28,515
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Iowa State UniversityAmes, IA115(1)Facility Improvement$100,000
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$92,893
Payroll Liabilities$33,743
Property Taxes Payable$20,030
Sales Tax Payable$1,895
Futa Tax$82
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Board elected by directors

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

Executive director reviewed tax return before submitted

Form 990, Page 6, Part VI, Line 19

Governing documents and information available upon request

Filing and Contact Details

Filer

Filer Name
Iowa Crop Improvement Association
EIN
42-0686921
Phone
5152946921
Address
59400 190TH ST, NEVADA, IA 50201-7932

Signing Officer

Name
Ryan Budnik
Title
Sec/treas
Phone
5152946921
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Budnik
Formed
1987
Legal Domicile
Ia
Voting Board Members
10
Independent Board Members
10
Employees
39
Volunteers
10

Preparer

Firm
Hogan - Hansen Pc
Address
1601 GOLDEN ASPEN DRIVE SUITE 107, AMES, IA 50010-8024
Preparer
Nicholas H Aarsen CPA
Phone
5152320533
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Promote the general welfare of agriculture and use of superior seed. Iowa crop improvement association has been designated as the official seed certifying agency for the state of iowa. The organization has been providing iowa with quality, unbiased seed production services and crop performance testing services since 1920. The mission of the organization is to provide an unbiased source of service and education in production and quality assurance for iowa agricultural crops.

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

Grants for seed foundation and education

Raw XML AppendixShowing 400 of 502 raw XML fields

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/PrincipalOfficerNm0RYAN BUDNIK
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IRS990/ProgramServiceRevenueGrp/Desc0CERTIFICATION
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IRS990/ProgSrvcAccomActy2Grp/Desc0PERFORMANCE AND CONTRACT TESTING
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0620933
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0718780
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PROPERTY TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4FUTA TAX
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANT EXPENSE SCHOLARSHIP
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IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115(1)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FACILITY IMPROVEMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0IOWA STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0426004224
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0BEARDSHEAR HALL
IRS990ScheduleI/RecipientTable/USAddress/CityNm0AMES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050011
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MONITORED THROUGH MEETINGS WITH THE GRANT RECIPIENT AND MONTHLY ACCOUNT STATEMENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANIEL ROBISON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1STEVEN HARRIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MARY WIEDENHOEFT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTE THE GENERAL WELFARE OF AGRICULTURE AND USE OF SUPERIOR SEED. IOWA CROP IMPROVEMENT ASSOCIATION HAS BEEN DESIGNATED AS THE OFFICIAL SEED CERTIFYING AGENCY FOR THE STATE OF IOWA. THE ORGANIZATION HAS BEEN PROVIDING IOWA WITH QUALITY, UNBIASED SEED PRODUCTION SERVICES AND CROP PERFORMANCE TESTING SERVICES SINCE 1920. THE MISSION OF THE ORGANIZATION IS TO PROVIDE AN UNBIASED SOURCE OF SERVICE AND EDUCATION IN PRODUCTION AND QUALITY ASSURANCE FOR IOWA AGRICULTURAL CROPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS FOR SEED FOUNDATION AND EDUCATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD ELECTED BY DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR REVIEWED TAX RETURN BEFORE SUBMITTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND INFORMATION AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
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 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02

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