Foundation For Soy Innovation
- Assets
- $127.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jefferson City, MO
- Founding
- 07/2003
- Data as of
- 06/2021
- EIN
- 82-0586024
Organization Overview
Foundation For Soy Innovation is located in Jefferson City, MO. The organization was established in 2003. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Soy Innovation 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 06/2021, Foundation For Soy Innovation generated $2.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (47.6%) each year. All expenses for the organization totaled $6.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (51.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CONDUCTING AND SUPPORTING OF RESEARCH RELATING TO CROPS AND ALTERNATIVE USES, EITHER INDIVIDUALLY OR IN CONJUNCTION WITH OTHERS.
Describe the Organization's Program Activity:
Part 3
OTHER RESEARCH PROJECTS THROUGH UNIVERSITY AND FUNDED BY MO SOYBEAN MERCHANDISING COUNCIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Wheeler Exec Directo | 3 | $0 | |
John Kelly Board Member | 0.5 | $0 | |
Matt Mccrate President | 0.5 | $0 | |
Kyle Durham Board Member | 0.5 | $0 | |
Robert Alpers Secretary/tr | 0.5 | $0 | |
Peter Rost Vice Preside | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,554 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,600 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $667 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,401 |
| Total expenses | $6,068 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,136 |
| Other assets | $0 |
| Total assets | $127,236 |
| Total liabilities | $38 |
| Net assets or fund balances | $127,198 |
Grants Awarded
Over the last fiscal year, Foundation For Soy Innovation has awarded $304,706 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MISSOURI SOYBEAN SOYBEAN MERC COUNC PURPOSE: RESEARCH | $270,825 |
DONALD DANFORTH PLANT SCIENCE CENTE PURPOSE: RESEARCH | $26,634 |
SHUBHENDER KAPILA PURPOSE: RESEARCH | $7,247 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Soy Innovation has recieved totaling $123.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $123 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Two Blades Foundation Evanston, IL | $11,973,096 | $5,910,316 |
Biogenerator St Louis, MO | $18,228,648 | $5,980,621 |
Center For Humans And Nature Nfp Libertyville, IL | $9,956,278 | $1,296,865 |
American Society For Bioethics And Humanities Chicago, IL | $775,773 | $1,147,764 |
Association Of Biomolecular Resource Facilities Lexington, KY | $1,879,453 | $822,565 |
American Board Of Bioanalysis St Louis, MO | $579,013 | $382,554 |
Martha Lafite Thompson Nature Sanctuary Biology Department Liberty, MO | $594,508 | $80,936 |
Society For Research On Biological Rhythms Inc Brentwood, TN | $758,872 | $123,925 |
Society For Economic Botany St Louis, MO | $354,051 | $86,687 |
Institute Of Neuromodulation Chicago, IL | $99,824 | $0 |
Fed Is Best Foundation Little Rock, AR | $13,848 | $0 |
International Society Of Photosynthesis Research Stillwater, OK | $194,041 | $0 |