VIRGINIA SOYBEAN ASSOCIATION INC

EIN: 237254945

GOOCHLAND, VA

Total Revenue
$355,636
Total Expenses
$338,472
Total Assets
$359,045
Net Assets
$329,161
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
VA
Principal Officer
IAN WALKER
Phone
8044661693
Tax Period
2024-07-01 to 2025-06-30

VIRGINIA SOYBEAN ASSOCIATION INC, founded in 1967, is a small nonprofit that reported $267K in total revenue in fiscal year 2017.

Mission

THE ASSOCIATION'S PRIMARY PURPOSE IS TO PROMOTE AND MARKET SOYBEANS AND THEIR MANY USES, TO PROVIDE EDUCATIONAL MATERIAL TO THE PUBLIC AND SOYBEAN PRODUCERS, AND TO ACT AS A COMMUNICATION LINK TO THOSE IN THE SOYBEAN INDUSTRY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,376
Program Service Revenue $339,297
Investment Income $6,963
Other Revenue $0
TOTAL REVENUE $355,636

Expense Breakdown

Grants Paid $0
Salaries & Benefits $80,072
Fundraising Expenses $0
Other Expenses $258,400
TOTAL EXPENSES $338,472

Year-over-Year Comparison

2024 2023 Change
Revenue $355,636 $351,306 +0.0%
Expenses $338,472 $323,112 +0.0%
Net Income $17,164 $28,194 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
26

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK MOODY PRESIDENT 1.00
Officer Director
$0 $0 $0
IAN WALKER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JAYSON GILL TREASURER 1.00
Officer Director
$0 $0 $0
ROB PUCKETTE TREASURER 1.00
Officer Director
$0 $0 $0
ADAM DAVIS SECRETARY 1.00
Officer Director
$0 $0 $0
MIKE BRYANT CHAIRMAN 1.00
Officer Director
$0 $0 $0
KYLE STURGIS CHAIRMAN 1.00
Officer Director
$0 $0 $0
HUNTER BLAKE DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN CHILTON DIRECTOR 1.00
Director
$0 $0 $0
JASON DAWLEY DIRECTOR 1.00
Director
$0 $0 $0
DWIGHT FORRESTER DIRECTOR 1.00
Director
$0 $0 $0
SANDS GAYLE DIRECTOR 1.00
Director
$0 $0 $0
RYAN HORSLEY DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN HUDSON DIRECTOR 1.00
Director
$0 $0 $0
GRAYSON KIRBY DIRECTOR 1.00
Director
$0 $0 $0
BRAD MONAHAN DIRECTOR 1.00
Director
$0 $0 $0
JOSEY MOORE DIRECTOR 1.00
Director
$0 $0 $0
JR NEWCOMB DIRECTOR 1.00
Director
$0 $0 $0
SCOTT PUGH DIRECTOR 1.00
Director
$0 $0 $0
WILL REAMES DIRECTOR 1.00
Director
$0 $0 $0
JASON STUTH DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $355,636 $338,472 $359,045 $17,164
2024 $351,306 $323,112 $367,056 $28,194
2023 $286,075 $281,587 $323,849 $4,488
2022 $211,807 $217,914 $299,219 $-6,107
2021 $230,552 $183,696 $326,267 $46,856
2020 $237,659 $228,882 $282,403 $8,777
2019 $228,148 $212,057 $276,791 $16,091
2018 $266,809 $268,749 $239,063 $-1,940
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