Soil Health Institute
- Assets
- $10.6m
- Revenue
- $15.1m
- Investments
- $0.0
- Employees
- 16
- Location
- Morrisville, NC
- Founding
- 02/2016
- Data as of
- 12/2021
- 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 12/2021, Soil Health Institute employed 16 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 12/2021, Soil Health Institute generated $15.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $9.1m during the year ending 12/2021. While expenses have increased by 28.2% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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
SCIENTIFIC CARBON MEASUREMENTS-- PROVIDING ADMINISTRATIVE LEADERSHIP TO THE ECOSYSTEM SERVICES MARKET CONSORTIUM LLC, WITH THE GOAL TO LAUNCH A FULLY FUNCTIONING NATIONAL SCALE ECOSYSTEM SERVICES MARKET CONCEIVED AND DESIGNED TO SELL BOTH CARBON AND WATER QUALITY AND QUANTITY CREDITS FOR THE AGRICULTURE SECTOR IN 2022. - ASSESSING THE IMPACTS OF SOIL HEALTH PRACTICE IMPLEMENTATION ON CARBON SEQUESTRATION AND DROUGHT RESILIENCE IN SOILS ACROSS NORTH AMERICA.-LAUNCHED PROJECTS FOR ESTABLISHING THE MEASUREMENT, ANALYSIS, AND INTERPRETATION OF SOIL FOR THE QUANTIFICATION OF SOIL CARBON AS WELL AS THE CAPACITY OF SOIL TO SEQUESTER AND RETAIN CARBON.
RESEARCH AND DEVELOPMENT- DEVELOPED NEW EQUATIONS FOR PREDICTING HOW CHANGES IN SOIL ORGANIC CARBON IMPACT AVAILABLE WATER HOLDING CAPACITY AND THEREFORE DROUGHT RESILIENCE. THIS RESEARCH DEMONSTRATED THAT APPROXIMATELY TWICE AS MUCH WATER CAN BE STORED IN SOILS BY INCREASING CARBON THAN HAD BEEN PREVIOUSLY DETERMINED AND WIDELY ASSUMED. THESE RESULTS WILL INCREASE FARMERS' MOTIVATION TO ADOPT REGENERATIVE SOIL HEALTH SYSTEMS TO BUILD DROUGHT RESILIENCE IN THEIR SOILS. ASSESSED IMPACTS OF TILLAGE ON THE SOIL MICROBIOME ACROSS NORTH AMERICA. CONDUCTED A NATIONAL SURVEY OF 10,000 FARMERS TO ASSESS THEIR INTEREST IN THE IMPACTS OF AGRICULTURAL INPUTS ON SOIL HEALTH. 66% OF RESPONDENTS ARE INTERESTED IN THIS TOPIC, THEREBY IDENTIFYING AN IMPORTANT NEED FOR FURTHER ADVANCING REGENERATIVE SOIL HEALTH SYSTEMS. PROVIDED MULTI-DISCIPLINARY SCIENTIFIC LEADERSHIP ENGAGING PHYSICIANS, DIETITIANS, AGRONOMISTS, SOIL SCIENTISTS, AND OTHER PROFESSIONS TO EXPLORE SOIL HEALTH HUMAN HEALTH CONNECTIONS, RESULTING IN IDENTIFICATION OF 10 PRIORITIES FOR ADVANCING THAT UNDERSTANDING. INITIATED AND CO-LED EVALUATION OF THE STATE OF KNOWLEDGE ON THE SOIL HEALTH HUMAN HEALTH CONNECTION THROUGH THE FOOD NUTRITION PATHWAY. UPON FINDING LITTLE CREDIBLE RESEARCH, RECOMMENDED FUTURE EXPERIMENTAL DESIGNS FOR INVESTIGATING THOSE RELATIONSHIPS. - PROVIDING ADMINISTRATIVE LEADERSHIP TO THE ECOSYSTEM SERVICES MARKET CONSORTIUM LLC, WITH THE GOAL TO LAUNCH A FULLY FUNCTIONING NATIONAL SCALE ECOSYSTEM SERVICES MARKET CONCEIVED AND DESIGNED TO SELL BOTH CARBON AND WATER QUALITY AND QUANTITY CREDITS FOR THE AGRICULTURE SECTOR IN 2022. - ASSESSING THE IMPACTS OF SOIL HEALTH PRACTICE IMPLEMENTATION ON CARBON SEQUESTRATION AND DROUGHT RESILIENCE IN SOILS ACROSS NORTH AMERICA.-DEVELOPED PROPOSALS FOR ESTABLISHING THE MEASUREMENT, ANALYSIS, AND INTERPRETATION OF SOIL FOR THE QUANTIFICATION OF SOIL CARBON AS WELL AS THE CAPACITY OF SOIL TO SEQUESTER AND RETAIN CARBON.
SOIL HEALTH MEASUREMENTS AND STANDARDS-SEVERAL DIFFERENT MEASURES OF SOIL HEALTH ARE CURRENTLY USED, SHI CONDUCTED A 3-YEAR ASSESSMENT OF 31 SOIL HEALTH MEASUREMENTS AT 124 AGRICULTURAL RESEARCH SITES ACROSS THE U.S., CANADA, AND MEXICO TO ANSWER THE QUESTION "HOW SHOULD SOIL HEALTH BE MEASURED?" THIS IS THE MOST COMPREHENSIVE, STRATEGIC ASSESSMENT OF SOIL HEALTH MEASUREMENTS KNOWN TO EXIST. IN THE SUMMER OF 2022 SHI WILL ANNOUNCE ITS RECOMMENDATIONS FOR EFFECTIVE SOIL HEALTH MEASUREMENTS FOR FARMERS, LANDOWNERS, SCIENTISTS, FIELD CONSERVATIONISTS, AND OTHERS TO EVALUATE THE HEALTH OF THEIR SOILS AND TO SET TARGETS TO MEASURE PROGRESS. IN 2020 SHI LAUNCHED EFFORTS TO DEVELOP A PROOF OF CONCEPT FOR IDENTIFYING, MEASURING, AND COMMUNICATING SOIL HEALTH TARGETS FOR U.S. SOILS. THIS TARGET WORK CONTINUED IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Wayne Honeycutt President/ceo | Officer | 40 | $341,653 |
Christine Morgan Chief Scientific Officer | Officer | 40 | $274,272 |
Sheldon Jones Chief Operating Officer | Officer | 40 | $238,984 |
William Flanders Economist | 40 | $122,113 | |
Byron Rath Secretary | Officer | 40 | $114,011 |
William G Flory Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Drd Associates Llc Proj Mgmt And Consulting | 12/30/21 | $226,825 |
Our Sci Llc Manual Strat./soil Sampling | 12/30/21 | $125,053 |
Micahel Cope Stat. Analysis/db Mgmt | 12/30/21 | $121,000 |
Caroline Wade Proj Mgmt And Consulting | 12/30/21 | $106,033 |
Vance Almquist Engmt/proj Coordination | 12/30/21 | $100,837 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,417,851 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,683,531 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,101,382 |
| Total Program Service Revenue | $0 |
| Investment income | $443 |
| 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 | $15,101,825 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $126,229 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $906,953 |
| Compensation of current officers, directors, key employees. | $46,513 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $689,633 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $202,824 |
| Payroll taxes | $104,060 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,337 |
| Fees for services: Accounting | $79,482 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,423,616 |
| Advertising and promotion | $7,671 |
| Office expenses | $65,639 |
| Information technology | $204,801 |
| Royalties | $0 |
| Occupancy | $94,419 |
| Travel | $127,536 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,928 |
| Insurance | $23,999 |
| All other expenses | $97,038 |
| Total functional expenses | $9,125,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,270,883 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,223,394 |
| Accounts receivable, net | $0 |
| 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 | $80,337 |
| Net Land, buildings, and equipment | $64,701 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,639,315 |
| Accounts payable and accrued expenses | $1,631,330 |
| Grants payable | $0 |
| Deferred revenue | $338,570 |
| 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 | $18,891 |
| Total liabilities | $1,988,791 |
| Net assets without donor restrictions | $3,036,080 |
| Net assets with donor restrictions | $5,614,444 |
| 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 | $10,639,315 |
Grants Awarded
Over the last fiscal year, Soil Health Institute has awarded $31,410 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Ames, IA PURPOSE: RESEARCH GRANT | $8,000 |
Urbana, IL PURPOSE: RESEARCH GRANT | $8,000 |
East Lansing, MI PURPOSE: RESEARCH GRANT | $7,997 |
New Haven, CT PURPOSE: RESEARCH GRANT | $7,413 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Soil Health Institute has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
Vf Foundation Wilmington, DE PURPOSE: U.S. REGENERATIVE COTTON FUND | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Recreation & Park Association Ashburn, VA | $21,753,457 | $20,081,113 |
Council On Library And Information Resources Alexandria, VA | $9,356,231 | $5,065,712 |
Soil Health Institute Morrisville, NC | $10,639,315 | $15,101,825 |
North Carolina Coastal Federation Inc Newport, NC | $41,804,340 | $11,179,036 |
National Wild Turkey Federation Inc Edgefield, SC | $3,313,525 | $6,209,354 |
Grandfather Mountain Stewardship Foundation Inc Linville, NC | $32,676,057 | $11,793,646 |
Union Sportsmens Alliance Spring Hill, TN | $6,139,898 | $5,375,526 |
Cfa Interpretive Association Pisgah Forest, NC | $3,211,221 | $4,721,958 |
Capital Region Land Conservancy Inc Richmond, VA | $3,496,641 | $3,866,671 |
North Carolina League Of Conservation Voters Foundation Inc Raleigh, NC | $5,304,233 | $5,284,799 |
Clinch-Powell Resource Conservation And Development Are Rutledge, TN | $8,287,650 | $2,951,058 |
Appalachian Voices Boone, NC | $4,277,764 | $3,834,032 |