American Society Of Agronomy Inc
- Assets
- $20.3m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 02/1970
- Data as of
- 12/2023
- EIN
- 39-0808552
Organization Overview
American Society Of Agronomy Inc is located in Madison, WI. The organization was established in 1970. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society Of Agronomy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Society Of Agronomy Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $5.8m during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Society Of Agronomy Inc has awarded 33 individual grants totaling $761,249. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE EFFECTIVE RESEARCH IN CROPS AND SOILS, FOSTER HIGH STANDARDS IN CROPS AND SOILS EDUCATION, PROMOTE IMPROVEMENTS IN THE AGRONOMIC PROFESSION, ENDEAVOR TO MAINTAIN HIGH STANDARDS OF ETHICS IN CROP AND SOIL SCIENCE, MAKE AVAILABLE INFORMATION ON CROP AND SOIL SCIENCES AND COOPERATE WITH OTHER ORGANIZATIONS IN THE CONSIDERATION OF AGRONOMIC PROBLEMS.
Describe the Organization's Program Activity:
SCIENTIFIC PERIODICALS:AGRONOMY JOURNAL 2900 SUBSCRIBERSJOURNAL OF ENVIRONMENTAL QUALITY 2100 SUBSCRIBERSOTHER SCIENTIFIC PERIODICALS, MEETING ABSTRACTS, BOOKS, MONOGRAPHS AND SPECIAL SERIES
CERTIFICATION PROGRAM: PROVIDES CERTIFICATION & CONTINUING EDUCATION TO PROMOTE IMPROVEMENT IN THE AGRONOMIC PROFESSION
MEMBERSHIP PROGRAM: PROVIDES MEMBERSHIP PROGRAMS SUCH AS COMMUNICATION, PUBLICATIONS, EDUCATION, INFORMATION, AWARDS, FELLOWSHIPS, ETC. FOR APPROXIMATELY 8,400 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joann Whalen President | OfficerTrustee | 2 | $0 |
Kristen Veum President-Elect | OfficerTrustee | 2 | $0 |
Dave Clay Past President | OfficerTrustee | 2 | $0 |
Maria Villamil Director | Trustee | 2 | $0 |
Raj Khosla Director | Trustee | 2 | $0 |
Amy Shober Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Michael Torrey Associates Llc Dc Legal Consulting Services | 12/30/23 | $226,751 |
Convex Technologies Inc Annual Meeting Presentation Services | 12/30/23 | $196,907 |
Elevity It It Support Services | 12/30/23 | $191,277 |
Protech Associates Inc It Support Services | 12/30/23 | $179,547 |
Prestige Av And Creative Services Audio And Visual Services | 12/30/23 | $173,442 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,577,307 |
| Investment income | $480,577 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $561,829 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,650,916 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $39,865 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $503,770 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,404,903 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,149 |
| Fees for services: Accounting | $17,544 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,846 |
| Fees for services: Other | $803,436 |
| Advertising and promotion | $194,301 |
| Office expenses | $382,749 |
| Information technology | $321,130 |
| Royalties | $0 |
| Occupancy | $71,403 |
| Travel | $114,261 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $373,754 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $108,257 |
| Insurance | $31,587 |
| All other expenses | $8,253 |
| Total functional expenses | $5,751,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $126,481 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $71,811 |
| Net Land, buildings, and equipment | $1,942,719 |
| Investments—publicly traded securities | $18,108,749 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,213 |
| Total assets | $20,253,973 |
| Accounts payable and accrued expenses | $403,814 |
| Grants payable | $0 |
| Deferred revenue | $1,419,272 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,823,086 |
| Net assets without donor restrictions | $18,430,887 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,253,973 |
Grants Awarded
Over the last fiscal year, American Society Of Agronomy Inc has awarded $80,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OHIO STATE UNIVERSITY PURPOSE: UNITED SOYBEAN BOARD FELLOWSHIP | $12,500 |
UNIVERSITY OF WISCONSIN BOARD OF REGENTS PURPOSE: UNITED SOYBEAN BOARD FELLOWSHIP | $25,000 |
UNIVERSITY OF MINNESOTA PURPOSE: UNITED SOYBEAN BOARD FELLOWSHIP | $37,500 |
AGRONOMIC SCIENCE FOUNDATION INC PURPOSE: GENERAL FUNDING FOR RESEARCH | $5,000 |