Soil Health Institute
- Assets
- $10.5m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 48
- Location
- Morrisville, NC
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 47-5349004
Organization Overview
Soil Health Institute is located in Morrisville, NC. The organization was established in 2016. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2023, Soil Health Institute employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soil Health Institute 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, Soil Health Institute generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $7.5m during the year ending 12/2023. While expenses have increased by 17.5% per year over the past 8 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 2017, Soil Health Institute has awarded 14 individual grants totaling $627,025. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SAFEGUARD & ENHANCE THE VITALITY & PRODUCTIVITY OF SOIL THROUGH SCIENTIFIC RESEARCH & ADVANCEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOIL HEALTH INSTITUTE'S COMPREHENSIVE STRATEGY TO SAFEGUARD AND ENHANCE THE VITALITY AND PRODUCTIVITY OF SOIL EMPLOYS FOUR LEVERS OF CHANGE: BUSINESS CASE, MEASUREMENT, RESEARCH & DEVELOPMENT, AND EDUCATION & OUTREACH. WE COLLABORATE WITH FARMERS AND RANCHERS, ADVISORS, GOVERNMENT OFFICIALS, AND INDUSTRY PROFESSIONALS TO ENABLE STANDARDIZED, SCIENTIFICALLY CREDIBLE SOIL HEALTH DECISION MAKING AT SCALE. IN THE BUSINESS CASE, SHI PUBLISHED RESEARCH ON MORE THAN 160 NORTH AMERICAN FARMS THAT DEMONSTRATES LONG-TERM ADOPTION OF SOIL HEALTH SYSTEMS REDUCES COSTS, INCREASES NET INCOME, AND MITIGATES RISKS ACROSS CLIMATES AND PRODUCTION SYSTEMS. IN MEASUREMENT, SHI RECOMMENDED 3 ESSENTIAL SOIL HEALTH INDICATORS AND ESTABLISHED HOW HEALTHY SOILS CAN BECOME ON MORE THAN 7 MILLION ACRES OF CROPLAND SO FARMERS, ADVISORS, AND INDUSTRY CAN SET SOIL HEALTH GOALS AND TRACK PROGRESS. IN RESEARCH AND DEVELOPMENT, SHI IS DEVELOPING TOOLS TO MORE ACCURATELY MODEL AND MEASURE IMPROVEMENTS IN SOIL HEALTH, LIKE WATER STORAGE AND AVAILABILITY, CARBON STORAGE, GREENHOUSE GAS EMISSIONS, NUTRIENT AVAILABILITY, AND EROSION. IN EDUCATION, SHI ESTABLISHED AND CONDUCTED SOIL HEALTH EDUCATION PROGRAMS FOR FARMERS AND THEIR ADVISORS ACROSS 35 U.S. STATES AND THREE CANADIAN PROVINCES TO PROVIDE THEM WITH TOOLS, RESOURCES, AND INFORMATION THEY NEED TO SUCCESSFULLY ADOPT PROFITABLE, RESILIENT, AND ENVIRONMENTALLY SOUND REGENERATIVE SOIL HEALTH SYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Weller Director | Trustee | 1 | $0 |
William Buckner Director | Trustee | 1 | $0 |
William G Flory Director | Trustee | 1 | $0 |
Robert Foster Director | Trustee | 1 | $0 |
Earl Garber Director | Trustee | 1 | $0 |
Diana Jerkins Board Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Supporting Strategies Accounting And Tax Support | 12/30/22 | $116,250 |
Kevin Meissner Electrical/mechanical Engineering | 12/30/22 | $100,210 |
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 | $7,576,129 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,576,129 |
| Total Program Service Revenue | $0 |
| Investment income | $22,787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,598,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $398,882 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $778,942 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,690,116 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $285,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $57,897 |
| Fees for services: Accounting | $81,106 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $792,349 |
| Advertising and promotion | $182,157 |
| Office expenses | $128,547 |
| Information technology | $369,249 |
| Royalties | $0 |
| Occupancy | $94,791 |
| Travel | $399,688 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $68,803 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,959 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,470,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,241,165 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,964,760 |
| Accounts receivable, net | $12,554 |
| 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 | $116,775 |
| Net Land, buildings, and equipment | $85,039 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $109,267 |
| Total assets | $10,529,560 |
| Accounts payable and accrued expenses | $693,465 |
| Grants payable | $0 |
| Deferred revenue | $542,686 |
| 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 | $1,236,151 |
| Net assets without donor restrictions | $1,870,690 |
| Net assets with donor restrictions | $7,422,719 |
| 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 | $10,529,560 |
Grants Awarded
Over the last fiscal year, Soil Health Institute has awarded $260,981 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ECOSYSTEMS SERVICES MARKET CONSORTIUM PURPOSE: IMPLEMENT SOIL HEALTH, GREENHOUSE GAS, AND WATER ELEMENTS OF THE ECOSYSTEM SERVICES MARKET PROGRAM THROUGH ESTABLISHED RELATIONSHIPS WITH PARTNERS AND EXPERIENCE WORKING WITH AGRICULTURAL PRODUCERS | $86,059 |
UNIVERSITY OF NEBRASKA-LINCOLN PURPOSE: SUBAWARD TO DEVELOP DEEPC PENETROMETER AND ASSOCIATED SAMPLING ALGORITHMS | $133,329 |
NATIONAL ASSOCIATION OF CONSERVATION DISTRICTS PURPOSE: TO SUPPORT THE PROMOTION OF RESPONSIBLE MANAGEMENT AND CONSERVATION OF NATURAL RESOURCES OF ALL LANDS | $13,593 |
TEXAS PEST MANAGEMENT PURPOSE: TO SUPPORT THE DEVELOPMENT OF EDUCATIONAL MATERIALS FOR FARMERS AND THEIR ADVISORS ON COVER CROPPING STRATEGIES TO MANAGE WEEDS IN THE SOUTHCENTRAL/SOUTHEASTERN UNITED STATES | $28,000 |