Civic Intelligence

American Dairy Goat Association

EIN 56-0685315 • 501(c)5 • Spindale, NC

Profile

To collect, record and preserve the pedigrees of dairy goats, provide genetic, management and related services of the highest possible quality to dairy goat breeders.

PO Box 865Spindale, NC 28160

adga.org

Siviq Scores

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

Liabilities / Assets

94th percentile

0.42x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.31x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

54th percentile

8.8%

Higher net margin than 54% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

87th percentile

22%

Faster asset growth than 87% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

49th percentile

5.9%

Faster revenue growth than 49% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$2,339,232

Up $338,988 (+17%) from 2023

Liabilities

Up

$973,812

Up $59,059 (+6.5%) from 2023

Net Assets

Up

$1,365,420

Up $279,929 (+26%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin54th percentile

Revenue

Up

$3,188,122

Up $242,312 (+8.2%) from 2023

Expenses

Up

$2,908,193

Up $206,845 (+7.7%) from 2023

Net Income

Up

$279,929

Up $35,467 (+15%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $732,850Liabilities 2011: $125,277Net Assets 2011: $607,5732011Assets 2012: $823,166Liabilities 2012: $141,760Net Assets 2012: $681,4062012Assets 2013: $851,833Liabilities 2013: $147,855Net Assets 2013: $703,9782013Assets 2014: $867,123Liabilities 2014: $173,816Net Assets 2014: $693,3072014Assets 2015: $907,430Liabilities 2015: $142,226Net Assets 2015: $765,2042015Assets 2016: $1,078,864Liabilities 2016: $90,333Net Assets 2016: $988,5312016Assets 2017: $1,118,229Liabilities 2017: $167,717Net Assets 2017: $950,5122017Assets 2018: $1,363,747Liabilities 2018: $142,237Net Assets 2018: $1,221,5102018Assets 2019: $1,403,852Liabilities 2019: $323,451Net Assets 2019: $1,080,4012019Assets 2020: $1,790,189Liabilities 2020: $395,363Net Assets 2020: $1,394,8262020Assets 2021: $1,569,647Liabilities 2021: $498,481Net Assets 2021: $1,071,1662021Assets 2022: $1,568,853Liabilities 2022: $507,568Net Assets 2022: $1,061,2852022Assets 2023: $2,000,244Liabilities 2023: $914,753Net Assets 2023: $1,085,4912023Assets 2024: $2,339,232Liabilities 2024: $973,812Net Assets 2024: $1,365,4202024

Highlighted filing

2024

Assets$2,339,232
Liabilities$973,812
Net Assets$1,365,420
Open 2024 Filing

Operations Trend

Revenue Growth49th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,314,373Expenses 2011: $1,245,100Net Income 2011: $69,2732011Revenue 2012: $1,404,522Expenses 2012: $1,330,689Net Income 2012: $73,8332012Revenue 2013: $1,460,386Expenses 2013: $1,449,564Net Income 2013: $10,8222013Revenue 2014: $1,534,461Expenses 2014: $1,545,954Net Income 2014: -$11,4932014Revenue 2015: $1,679,829Expenses 2015: $1,607,932Net Income 2015: $71,8972015Revenue 2016: $1,983,591Expenses 2016: $1,871,326Net Income 2016: $112,2652016Revenue 2017: $2,065,071Expenses 2017: $2,103,090Net Income 2017: -$38,0192017Revenue 2018: $2,422,192Expenses 2018: $2,126,936Net Income 2018: $295,2562018Revenue 2019: $2,334,052Expenses 2019: $2,266,027Net Income 2019: $68,0252019Revenue 2020: $1,930,525Expenses 2020: $1,616,100Net Income 2020: $314,4252020Revenue 2021: $2,322,313Expenses 2021: $2,520,605Net Income 2021: -$198,2922021Revenue 2022: $2,844,265Expenses 2022: $2,854,146Net Income 2022: -$9,8812022Revenue 2023: $2,945,810Expenses 2023: $2,701,348Net Income 2023: $244,4622023Revenue 2024: $3,188,122Expenses 2024: $2,908,193Net Income 2024: $279,9292024

Highlighted filing

2024

Revenue$3,188,122
Expenses$2,908,193
Net Income$279,929
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,339,232
Liabilities
$973,812
Net assets
$1,365,420
Revenue
$3,188,122
Expenses
$2,908,193
Net income
$279,929
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.97$1.37$3.19$2.91$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.91$1.09$2.95$2.70$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.51$1.06$2.84$2.85$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.57$0.50$1.07$2.32$2.52$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.40$1.39$1.93$1.62$0.31
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.32$1.08$2.33$2.27$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.14$1.22$2.42$2.13$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.17$0.95$2.07$2.10$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.09$0.99$1.98$1.87$0.11
2015Summary only. Only limited summary data is available for this year.$0.91$0.14$0.77$1.68$1.61$0.07
2014Summary only. Only limited summary data is available for this year.$0.87$0.17$0.69$1.53$1.55$0.01
2013Summary only. Only limited summary data is available for this year.$0.85$0.15$0.70$1.46$1.45$0.01
2012Summary only. Only limited summary data is available for this year.$0.82$0.14$0.68$1.40$1.33$0.07
2011Summary only. Only limited summary data is available for this year.$0.73$0.13$0.61$1.31$1.25$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$3,274,538
Mission and Program Overview

Mission

To collect, record and preserve the pedigrees of dairy goats, provide genetic, management

To collect, record and preserve the pedigrees of dairy goats, provide genetic, management and related services of the highest possible quality to dairy goat breeders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,046,529$1,292,988▲ $246,459
Cash and Non-Interest-Bearing Accounts$459,895$488,657▲ $28,762
Savings and Temporary Cash Investments$196,739$304,783▲ $108,044
Prepaid Expenses and Deferred Charges$46,111$37,636▼ $8,475
Accounts Receivable$46,572$32,559▼ $14,013
Inventories for Sale or Use$14,936$13,843▼ $1,093
Total Assets$2,000,244$2,339,232▲ $338,988
Other Assets Total$189,462$168,766▼ $20,696
Liabilities
Deferred Revenue$672,057$875,882▲ $203,825
Accounts Payable and Accrued Expenses$242,696$97,930▼ $144,766
Total Liabilities$914,753$973,812▲ $59,059
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,078,046$1,357,868▲ $279,822
Net Assets With Donor Restrictions$7,445$7,552▲ $107
Total Net Assets Fund Balance$1,085,491$1,365,420▲ $279,929
Total Liabilities and Net Assets / Fund Balance$2,000,244$2,339,232▲ $338,988

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,161,102$1,153,693$2,314,795
Buildings$102,907$172,760$275,667
Equipment$28,979$108,954$137,933
Land$0--
Other Assets Org$168,766--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lori ReynoldsAssociation Manager/ TreasurerFT$107,357$13,615$120,972
Nancy MarshallDirector of FinanceFT$74,513$6,031$80,544
Julie MatthysFirst Vice President-$2,467-$2,467
Ed JodlowskiPresident-$1,800-$1,800
Lisa ShepardSecond Vice President-$1,755-$1,755
Mark BadenDirector-$1,450-$1,450

Board Members and Trustees

NameTitle
Anna Thompson-HajdikDirector
Benjamin RupchisDirector
Christen S AdelsDirector
Christine OwenDirector
Dan GreeneDirector
Ellen F DorseyDirector
Jackson NobleDirector
Jane BaileyDirector
Laura Ann Warren-HughesDirector
Leroy SatterDirector
Lorenne TothDirector
Lynn FlemingDirector
Marshall LoseyDirector
Peter SnyderDirector
Philip CassetteDirector
Richard GrossmanDirector
Sandra CoffmanDirector
Sandy Van EchoDirector
Stephanie RoveyDirector
Thomas G CoxDirector
Travis CockburnDirector
Will KeechDirector
Yvonne Marie BlosserDirector
Trinity Maia Smith MalmanisMember-at-Lagre
Joan Dean RoweMember-at-Large
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,059,700
Investment Income
$15,036
Other Revenue
$113,386
Change in Net Assets
$279,929

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,188,122
Revenue Not Reported on Form 990
$79,274
Total Revenue per Audited Statements
$3,267,396
Total Revenue per Form 990
$3,188,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,524,561
Salaries, Compensation, and Employee Benefits$1,349,052
Total Fundraising Expense$37,357
Grants and Similar Amounts Paid$34,580
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$760,575$76,980$7,240$844,795
Current Officers, Directors, Trustees, and Key Employees$84,953$115,183$2,022$202,158
All Other Expenses$84,466$85,141$1,541$171,148
Office Expenses$47,579$117,271$677$165,527
Depreciation Depletion$156,563$2,513$419$159,495
Other Employee Benefits$124,226$19,362$1,240$144,828
Conferences and Meetings$139,418$0$3,514$142,932
Information Technology$92,988$12,975$2,163$108,126
Payroll Taxes$79,168$16,952$843$96,963
Other Expenses$88,214$0$0$88,214
Fees for Services Other$70,532$6,706$0$77,238
Pension Plan Contributions$37,400$7,368$386$45,154
Grants to Domestic Orgs$24,580--$24,580
Insurance$17,611$2,457$410$20,478
Occupancy$17,555$1,055$185$18,795
Travel$0$17,021$0$17,021
Fees for Services Accounting$0$15,190$0$15,190
Comp Disqual Persons$15,154$0$0$15,154
Grants to Domestic Individuals$10,000--$10,000
Fees for Services Legal$1,000$4,575$0$5,575
Total Functional Expenses$2,370,087$500,749$37,357$2,908,193

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,987,467
Expenses per Audited Statements$2,908,193
Total Expenses per Form 990$2,908,193
Expenses Not Reported on Form 990$79,274
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ADGA Research FoundationSpindale, NC-Research$23,580
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$61,662
Gaming Direct Expenses$7,142
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Cullen OwensChild of Board MemberPaid as an emloyeeNo$15,154
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
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
American Dairy Goat Association
EIN
56-0685315
Phone
8282863801
Address
PO Box 865, Spindale, NC 28160

Signing Officer

Name
Nancy Marshall
Title
Director of Finance
Phone
8282863801
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Marshall
Formed
1904
Legal Domicile
Nc
Voting Board Members
29
Independent Board Members
28
Employees
33
Volunteers
300

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801
Preparer
Todd Oldenburg
Phone
8282360206
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“The members of the Association have the right to participate in the organizations governance only; the members do not have the rights to receive distributions of income or assets from the organization.”

Pt VI, Line 7A

“The members of each Directorial District elect the eligible number of Directors for that district.”

Pt VI, Line 7B

“Members have the option to propose revisions to the governing documents or amend actions of the Board of Directors through a petitioning process outlined in ADGAs constitution.”

Pt VI, Line 11B

“The 990 is prepared by independent accountants, reviewed by management, and reviewed by the Board of Directors appointed review committee prior to being filed.”

Pt VI, Line 12C

“Enforced as necessary. Any Board Member with a conflict of interest on any specific issue informs the Board and abstains from voting on the issue.”

Pt VI, Line 15A

“The Association Manager/Executive Director salary is determined by the Board.”

Pt VI, Line 19

“Governing documents are made available to the public upon written request.”

Other

“Pg 7 Board of Directors: Ed Jodlowski was compensated $1,800 stipend for his work as president of the board. Several board members were compensated for additional service rendered to the organization separate from their role on the board of directors.”

Financial Statement Notes

Pt X, Line 2

“ADGA is exempt from federal income taxes under 501(c)(5) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to ADGAs tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no unrelated business income in 2024 and was, therefore, not required to file Form 990-T. The organization believes it has appropriate support for all tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements.”

Pt XI, Line 2D

“Cost of Goods Sold”

Pt XII, Line 2D

“Cost of Goods Sold”

Raw XML AppendixShowing 400 of 672 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/BooksInCareOfDetail/PhoneNum08282335112
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IRS990/Desc0Registrations, Show Sanctions, & Linear Appraisal of American Dairy Goats. - We registered 57,438 goats. - We transferred ownership of 27,221 goats. - We hosted our National Show and sanctioned 1,442 additional shows. - Over 500 herds and 6000 animals were appraised. - Over 7500 DNA and diagnostic requests were processed on behalf of members to ensure pedigree integrity.
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