Civic Intelligence

Meat Foundation

EIN 54-1734274 • 501(c)3 • Arlington, VA

Profile

The foundation's mission is to conduct research and disseminate information that drive continuous improvement in the meat and poultry industry and enable meat and poultry companies to exceed expectations in key areas like food safety, nutrition, animal welfare and sustainability.

4201 Wilson Blvd 0604Arlington, VA 22203

www.meatfoundation.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.38x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.36x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

44th percentile

1.8%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$843,110

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 19.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

93rd percentile

72%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-4.5%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$3,988,309

Up $1,664,366 (+72%) from 2023

Liabilities

Up

$1,534,961

Up $559,358 (+57%) from 2023

Net Assets

Up

$2,453,348

Up $1,105,008 (+82%) from 2023

Operations
Liabilities / Revenue77th percentileNet Margin44th percentile

Revenue

Down

$4,226,202

Down $198,094 (-4.5%) from 2023

Expenses

Down

$4,151,089

Down $680,053 (-14%) from 2023

Net Income

Up

$75,113

Up $481,959 (+118%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $869,687Liabilities 2010: $399,858Net Assets 2010: $469,8292010Assets 2011: $646,802Liabilities 2011: $265,126Net Assets 2011: $381,6762011Assets 2012: $680,655Liabilities 2012: $377,453Net Assets 2012: $303,2022012Assets 2013: $651,483Liabilities 2013: $383,859Net Assets 2013: $267,6242013Assets 2014: $831,625Liabilities 2014: $518,314Net Assets 2014: $313,3112014Assets 2015: $1,273,310Liabilities 2015: $553,814Net Assets 2015: $719,4962015Assets 2016: $1,729,518Liabilities 2016: $707,567Net Assets 2016: $1,021,9512016Assets 2017: $2,247,933Liabilities 2017: $918,648Net Assets 2017: $1,329,2852017Assets 2018: $2,500,270Liabilities 2018: $1,155,346Net Assets 2018: $1,344,9242018Assets 2019: $2,600,656Liabilities 2019: $1,060,995Net Assets 2019: $1,539,6612019Assets 2020: $2,021,203Liabilities 2020: $185,936Net Assets 2020: $1,835,2672020Assets 2021: $2,858,739Liabilities 2021: $1,236,297Net Assets 2021: $1,622,4422021Assets 2022: $2,348,755Liabilities 2022: $593,569Net Assets 2022: $1,755,1862022Assets 2023: $2,323,943Liabilities 2023: $975,603Net Assets 2023: $1,348,3402023Assets 2024: $3,988,309Liabilities 2024: $1,534,961Net Assets 2024: $2,453,3482024

Highlighted filing

2024

Assets$3,988,309
Liabilities$1,534,961
Net Assets$2,453,348
Open 2024 Filing

Operations Trend

Revenue Growth29th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $2,322,356Expenses 2010: $2,236,336Net Income 2010: $86,0202010Revenue 2011: $1,940,089Expenses 2011: $2,028,242Net Income 2011: -$88,1532011Revenue 2012: $1,702,070Expenses 2012: $1,780,544Net Income 2012: -$78,4742012Revenue 2013: $1,920,891Expenses 2013: $1,956,469Net Income 2013: -$35,5782013Revenue 2014: $1,659,238Expenses 2014: $1,613,551Net Income 2014: $45,6872014Revenue 2015: $3,411,353Expenses 2015: $3,005,168Net Income 2015: $406,1852015Revenue 2016: $2,507,740Expenses 2016: $2,205,285Net Income 2016: $302,4552016Revenue 2017: $3,018,344Expenses 2017: $2,711,010Net Income 2017: $307,3342017Revenue 2018: $3,048,511Expenses 2018: $3,032,872Net Income 2018: $15,6392018Revenue 2019: $3,987,744Expenses 2019: $3,793,007Net Income 2019: $194,7372019Revenue 2020: $4,306,014Expenses 2020: $4,010,408Net Income 2020: $295,6062020Revenue 2021: $3,121,077Expenses 2021: $3,333,902Net Income 2021: -$212,8252021Revenue 2022: $2,532,360Expenses 2022: $2,399,616Net Income 2022: $132,7442022Revenue 2023: $4,424,296Expenses 2023: $4,831,142Net Income 2023: -$406,8462023Revenue 2024: $4,226,202Expenses 2024: $4,151,089Net Income 2024: $75,1132024

Highlighted filing

2024

Revenue$4,226,202
Expenses$4,151,089
Net Income$75,113
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,988,309
Liabilities
$1,534,961
Net assets
$2,453,348
Revenue
$4,226,202
Expenses
$4,151,089
Net income
$75,113
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.99$1.53$2.45$4.23$4.15$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.32$0.98$1.35$4.42$4.83$0.41
2022Detailed filing. Detailed filing data is available for this year.$2.35$0.59$1.76$2.53$2.40$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.86$1.24$1.62$3.12$3.33$0.21
2020Detailed filing. Detailed filing data is available for this year.$2.02$0.19$1.84$4.31$4.01$0.30
2019Detailed filing. Detailed filing data is available for this year.$2.60$1.06$1.54$3.99$3.79$0.19
2018Detailed filing. Detailed filing data is available for this year.$2.50$1.16$1.34$3.05$3.03$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.25$0.92$1.33$3.02$2.71$0.31
2016Detailed filing. Detailed filing data is available for this year.$1.73$0.71$1.02$2.51$2.21$0.30
2015Summary only. Only limited summary data is available for this year.$1.27$0.55$0.72$3.41$3.01$0.41
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.52$0.31$1.66$1.61$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.65$0.38$0.27$1.92$1.96$0.04
2012Summary only. Only limited summary data is available for this year.$0.68$0.38$0.30$1.70$1.78$0.08
2011Summary only. Only limited summary data is available for this year.$0.65$0.27$0.38$1.94$2.03$0.09
2010Summary only. Only limited summary data is available for this year.$0.87$0.40$0.47$2.32$2.24$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$4,296,682
Mission and Program Overview

Mission

To promote scientific advances in meat processing and related industries.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$918,879$2,094,556▲ $1,175,677
Investments in Publicly Traded Securities-$971,305-
Cash and Non-Interest-Bearing Accounts$250,000$250,000→ $0
Prepaid Expenses and Deferred Charges$56,440$201,520▲ $145,080
Accounts Receivable$151,237$55,611▼ $95,626
Total Assets$2,323,943$3,988,309▲ $1,664,366
Other Assets Total$947,387$415,317▼ $532,070
Liabilities
Deferred Revenue$935,631$1,509,035▲ $573,404
Accounts Payable and Accrued Expenses$39,972$25,926▼ $14,046
Total Liabilities$975,603$1,534,961▲ $559,358
Net Assets / Fund Balance
Net Assets With Donor Restrictions$450,080$1,455,830▲ $1,005,750
Net Assets Without Donor Restrictions$898,260$997,518▲ $99,258
Total Net Assets Fund Balance$1,348,340$2,453,348▲ $1,105,008
Total Liabilities and Net Assets / Fund Balance$2,323,943$3,988,309▲ $1,664,366

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$415,317--
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Al AlmanzaChair
Susan BackusPresident
Julie Anna PottsPresident and CEO
Kirby ChildsVice Chair
Brad HamiltonBoard Member
Christopher JenkinsBoard Member
Don SchnabelBoard Member
Donald ThomasBoard Member
Edwin BoteroBoard Member
Jon AmideiBoard Member
Kevin SheehanBoard Member
Louis EniBoard Member
Meredith HealanBoard Member
Scott RichBoard Member
Shane MackenzieBoard Member
Steven MaxeyBoard Member
Suzanne Strassburger ReidyBoard Member
Kathryn Rose McculloughSr. Director of Science & Public Health
Anne HalalChief Experience Officer
Teena Tho PhamDir., Marketing & Sponsor Exp.
Mark DoppSecretary & Treasurer
Eric ZitoVP, Business Development
Thao GrimesVP, Finance

Highest Paid Contractors

ContractorServicesLocationCompensation
New York Beef CouncilResearch6351 NYS ROUTE 26 SOUTH, Rome, NY 13440$209,977
Revenue and Support

Revenue Composition

Contributions and Grants
$939,206
Program Service Revenue
$3,213,681
Investment Income
$73,315
Other Revenue
$0
All Other Contributions
$636,000
Change in Net Assets
$75,113

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,226,202
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$64,540
Total Revenue per Audited Statements
$4,290,742
Total Revenue per Form 990
$4,226,202
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,709,859
Salaries, Compensation, and Employee Benefits$1,228,680
Grants and Similar Amounts Paid$212,550
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$2,214,158$5,967-$2,220,125
Other Salaries and Wages$996,956$63,990-$1,060,946
Information Technology$162,734$4,257-$166,991
Current Officers, Directors, Trustees, and Key Employees$119$142,108-$142,227
Grants to Domestic Individuals$110,000--$110,000
Grants to Domestic Orgs$102,550--$102,550
Travel$64,843--$64,843
Fees for Services Other$40,195--$40,195
Fees for Services Accounting-$34,888-$34,888
Insurance$12,120$3,402-$15,522
Occupancy$12,085$3,392-$15,477
Payroll Taxes-$13,425-$13,425
Office Expenses$6,515$4,270-$10,785
Pension Plan Contributions-$7,254-$7,254
Other Employee Benefits-$4,828-$4,828
Other Expenses$51,447$560-$560
Fees for Services Legal-$425-$425
Total Functional Expenses$3,847,883$303,206$0$4,151,089

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,151,089
Total Expenses per Audited Statements$4,151,089
Total Expenses per Form 990$4,151,089
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
South Dakota State UniversityBrookings, SD501(c)(3)Effect of Minimally Processed Animal Protein$59,692
Usda Agricultural Research ServiceFort Collings, CO521Farm & Lairage Impact on Salmonella in Market Hog$26,634
Texas Tech UniversityLubbock, TX501(c)(3)Salmonella Characterization Project$16,224
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
Audit committee
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

“The form 990 was prepared by the outside accountants, the form was reviewed by the president then provided to the board before filing with the irs.”

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

“Directors and employees are required to annually sign the personnel manual acknowledgement that includes a standards of business ethics and conduct and conflict of interest policy. Questions concerning conflicts of interest are directed to the president. In the event that the president determines that a relationship constitutes or may constitute a conflict of interest, the president may take appropriate action(s), depending on the seriousness of the conflict of interest. That action may include meeting with the employee, immediate discharge, requesting that the employee divest property or otherwise remove himself from the conflict of interest situation, initiate disciplinary procedures, or if the situation so merits taking into consideration the employee's responsibility, waiver of the conflict, or such other action to protect the interest of the meat foundation.”

Form 990, Part VI, Section B, Line 15

“The meat foundation does not have any employees. All officers of the organization are employees of the related organization meat institute (mi) and follow all policies set forth by mi.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policy and financial statements are available upon request.”

FORM 990, PART VII, COLUMN B:

“There is a difference between the actual hours provided versus the actual hours billed. The variance is due to some officers donating their time. Therefore, part ix, line 5 reports only the portion of compensation that was reimbursed, not the donated time.”

Filing and Contact Details

Filer

Filer Name
Meat Foundation
EIN
54-1734274
Phone
2025874200
Address
4201 WILSON BLVD 0604, ARLINGTON, VA 22203

Signing Officer

Name
Susan Backus
Title
President
Phone
2025874200
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Backus
Formed
1992
Legal Domicile
Dc
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Janna C Goudarzi
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“During the year the foundation merged with nami scholarship foundation and assumed the scholarship program. See part iii line 4c for additional information.”

FORM 990, PART XI, LINE 9:

“Nami scholarship foundation - net assets transfer 965,355.”

FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS DETAIL:

“As of january 1, 2024, the following assets were transferred to the foundation for meat and poultry research and education through the merger of the nami scholarship foundation.”

Raw XML AppendixShowing 400 of 819 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/CYInvestmentIncomeAmt073315
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IRS990/CYOtherRevenueAmt00
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF EXPERIENCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP, FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt20VP, BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIR., MARKETING & SPONSOR EXP.
IRS990/Form990PartVIISectionAGrp/TitleTxt22SR. DIR. OF SCIENCE & PUBLIC HEALTH
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IRS990/MissionDesc0THE MEAT FOUNDATION'S MISSION IS TO ADVANCE SCIENTIFIC UNDERSTANDING, CULTIVATE FUTURE LEADERS, AND SUPPORT CONTINUOUS IMPROVEMENT IN THE MEAT INDUSTRY. THIS IS ACHIEVED THROUGH RESEARCH, EDUCATION, AND SCHOLARSHIPS.
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IRS990/ProgramServiceRevenueGrp/Desc0EDUCATIONAL PROGRAMS
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IRS990/ProgSrvcAccomActy2Grp/Desc0BEEF BOARD: THE OPERATING COMMITTEE OF THE BEEF BOARD CONTRACTS WITH THE FOUNDATION TO OVERSEE AND ADMINISTER APPLIED RESEARCH RELATED TO THE POST-HARVEST SAFETY OF U.S. BEEF PRODUCTS AND DISSEMINATE THE RESEARCH AND OTHER SCIENTIFIC INFORMATION TO BEEF PROCESSORS. FOUNDATION ACTIVITIES PROVIDE PRACTICAL, SCIENCE-BASED RESEARCH THAT CAN BE USED BY IN-PLANT PERSONNEL AND OTHERS TO ENSURE THE SAFETY OF THE SUPPLY. THE FOUNDATION OVERSEES A PANEL OF INDUSTRY AND ACADEMIC EXPERTS AND PRACTITIONERS TO ESTABLISH RESEARCH PRIORITIES AND EVALUATE PROPOSALS. BASED UPON THEIR RECOMMENDATIONS, RESEARCH CONTRACTS ARE AWARDED BASED ON MERIT AND PRIORITY NEED. AFTER THE AWARD, FOUNDATION STAFF CLOSELY MONITOR THE RESEARCH CONTRACTS TO ENSURE TIMELY AND COMPLETE RESEARCH WORK PRODUCTS ARE AVAILABLE FOR DISTRIBUTION TO THE INDUSTRY. DISSEMINATION OF RESEARCH RESULTS AND OTHER SCIENTIFIC INFORMATION IS ALSO UNDERTAKEN BY FOUNDATION STAFF. THE BEEF BOARD REIMBURSES THE FOUNDATION FOR THE DIRECT COSTS OF THE RESEARCH CONTRACTS AND DISSEMINATION ACTIVITIES. IN ADDITION, ADMINISTRATIVE AND MANAGEMENT COSTS INCURRED BY THE FOUNDATION TO ADMINISTER THE RESEARCH AND COMMUNICATION PROGRAMS ARE ALSO REIMBURSED. BY LAW, THE OPERATING COMMITTEE AND THE BEEF BOARD CONTRACT WITH ESTABLISHED NATIONAL, NONPROFIT, INDUSTRY-GOVERNED ORGANIZATIONS LIKE THE FOUNDATION TO IMPLEMENT PROGRAMS OF PROMOTION, RESEARCH, CONSUMER INFORMATION, INDUSTRY INFORMATION, FOREIGN MARKETING AND PRODUCER COMMUNICATIONS. CONTRACTORS ARE REIMBURSED ONLY FOR THE WORK THEY ACTUALLY DO FOR THE BEEF BOARD AND ARE NOT ALLOWED TO MAKE A PROFIT FROM A CHECKOFF CONTRACT. CHECKOFF FUNDS CANNOT BE USED TO INFLUENCE GOVERNMENT POLICY OR ACTION, INCLUDING LOBBYING.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SCHOLARSHIPS: THE MEAT FOUNDATION AWARDS MERIT-BASED SCHOLARSHIPS ANNUALLY TO RECOGNIZE EXCEPTIONAL UNDERGRADUATE AND GRADUATE STUDENTS PURSUING CAREERS IN THE MEAT INDUSTRY. MANY SCHOLARSHIPS ARE NAMED AFTER IMPORTANT INDUSTRY ICONS; HOWEVER, THE BOARD OF DIRECTORS MAY ALSO AWARD ADDITIONAL SCHOLARSHIPS BASED ON QUALIFICATIONS. THE SCHOLARSHIP REVIEW COMMITTEE REVIEWS STUDENT APPLICATIONS AND SCORES THEM USING A WEIGHTED RUBRIC. AFTER THE COMMITTEE MEMBERS COMPLETE THE EVALUATION OF THEIR ASSIGNED STUDENT APPLICATIONS, THEY SEND THE SCORES TO THE COMMITTEE CHAIR. THE SCHOLARSHIPS ARE AWARDED AND STUDENTS ARE EITHER ASSIGNED A GENERAL MERIT SCHOLARSHIP OR ASSIGNED A NAMED SCHOLARSHIP. THE FOUNDATION AWARDS 21 STUDENTS TOTAL $110,000 IN 2024.
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IRS990/ProgSrvcAccomActy3Grp/GrantAmt0212550
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FOUNDATION RESEARCH: FOUNDATION RESEARCH INCLUDES THE COSTS INCURRED FROM CONTRACTED RESEARCH PROJECTS. THESE PROJECTS ARE REVIEWED AND RECOMMENDED BY THE FOUNDATION'S RESEARCH ADVISORY COMMITTEE AND APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1NATIONAL HOT DOG
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