AMERICAN FEED INDUSTRY ASSOCIATION… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1909

Legal Domicile

Principal Officer

CONSTANCE CULLMAN

Phone

7035240810

Tax Period

2024-05-01 to 2025-04-30

AMERICAN FEED INDUSTRY ASSOCIATION INC, founded in 1909, is a community nonprofit that reported $7.4M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $6.6M left a modest 10% surplus.

Mission

THE ASSOCIATION IS COMMITTED TO ENHANCE A FAVORABLE BUSINESS ENVIRONMENT FOR MEMBERS OF THE ASSOCIATION BY REPRESENTING THEIR INTERESTS CONCERNING FEDERAL AND STATE LEGISLATION AND REGULATION, KEEPING MEMBERS INFORMED OF DEVELOPMENTS IMPORTANT TO THEM, HELPING MEMBERS OPERATE MORE EFFICIENTLY, AND COOPERATING ON PROJECTS OF MUTUAL INTEREST WITH OTHER ORGANIZATIONS IMPORTANT TO THE FEED AND ANIMAL AGRICULTURE INDUSTRIES.

Program Service Accomplishments

Program 1

CONFERENCES, SEMINARS, AND MEETINGS - DURING THE FISCAL YEAR AFIA FACILITATED MANY MEETINGS AND EDUCATIONAL CONFERENCES TO DISCUSS VARIOUS ISSUES IMPORTANT TO THE INDUSTRY AS A WHOLE AND PROPERLY...

CONFERENCES, SEMINARS, AND MEETINGS - DURING THE FISCAL YEAR AFIA FACILITATED MANY MEETINGS AND EDUCATIONAL CONFERENCES TO DISCUSS VARIOUS ISSUES IMPORTANT TO THE INDUSTRY AS A WHOLE AND PROPERLY EQUIP MEMBERS FOR THE CHALLENGES OF TODAY'S INDUSTRY ENVIRONMENT.

Program 2

AFIA FOUR PROMISES REPORT - THIS ANNUAL PUBLICATION BY THE ASSOCIATION COVERS A RANGE OF TOPICS PERTINENT TO THEU.S. FEED INDUSTRY AND ITS SUPPLIERS. THE LATEST EDITION OF THE FOUR PROMISES REPORT...

AFIA FOUR PROMISES REPORT - THIS ANNUAL PUBLICATION BY THE ASSOCIATION COVERS A RANGE OF TOPICS PERTINENT TO THEU.S. FEED INDUSTRY AND ITS SUPPLIERS. THE LATEST EDITION OF THE FOUR PROMISES REPORT FEATURED AN ANALYSIS OFLEGISLATIVE AND REGULATORY DEVELOPMENTS, A RECAP OF OUR RECENT EDUCATIONAL PROGRAMS AND CONFERENCES, AND A LIST OF AWARDS PRESENTED BY THE ASSOCIATION.

Program 3

MEMBER INTEREST GROUPS - THE ASSOCIATION MAINTAINS OFFICIALLY RECOGNIZED GROUPS WHICH ARE SPECIFIC TO AREAS OF RESPONSIBILITY AND EXPERTISE ACROSS THE ASSOCIATION'S MEMBERSHIP. THE ROLE OF THESE...

MEMBER INTEREST GROUPS - THE ASSOCIATION MAINTAINS OFFICIALLY RECOGNIZED GROUPS WHICH ARE SPECIFIC TO AREAS OF RESPONSIBILITY AND EXPERTISE ACROSS THE ASSOCIATION'S MEMBERSHIP. THE ROLE OF THESE GROUPS IS TO SHARE INFORMATION WITH MEMBER REPRESENTATIVES SPECIFIC TO THE GROUP AND ALSO GAIN THEIR INPUT AND DATA WHICH WILL ASSIST THE ASSOCIATION'S STAFF IN DEVELOPING ISSUE POSITIONS OR MEMBER SERVICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,969,961

Investment Income $233,085

Other Revenue $162,676

TOTAL REVENUE $7,365,722

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,115,759

Fundraising Expenses $0

Other Expenses $2,520,848

TOTAL EXPENSES $6,636,607

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,365,722	$7,902,855	-0.1%
Expenses	$6,636,607	$6,491,537	+0.0%
Net Income	$729,115	$1,411,318	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,558,442

Total Directors

Key Employees

$1,005,824

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEIGH ANN SAYEN	CHAIR	5.00	Officer Director	$0	$0	$0
CARLOS GONZALEZ PHD	IMMEDIATE PAST CHAIR	5.00	Officer Director	$0	$0	$0
DAN MEAGHER	CHAIR ELECT	5.00	Officer Director	$0	$0	$0
HOLLY BELLMUND	DIRECTOR	1.00	Director	$0	$0	$0
TONY COLANINO	DIRECTOR	1.00	Director	$0	$0	$0
JULIO CONTRERAS	DIRECTOR	1.00	Director	$0	$0	$0
GRADY FAIN	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
WHIT HUGULEY IV	DIRECTOR	1.00	Director	$0	$0	$0
BJORN KWAK	DIRECTOR	1.00	Director	$0	$0	$0
MARK LAMB	DIRECTOR	1.00	Director	$0	$0	$0
RYAN MILLET	DIRECTOR	1.00	Director	$0	$0	$0
MARK POESCHL	DIRECTOR	1.00	Director	$0	$0	$0
DAN RICE	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW ZEIGLER	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT BAKER	DIRECTOR	1.00	Director	$0	$0	$0
CORY BERG	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN BINGAMAN	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN COWLES	DIRECTOR	1.00	Director	$0	$0	$0
SUSANNA ELLIOTT	DIRECTOR	1.00	Director	$0	$0	$0
HAYLEY JONES	DIRECTOR	1.00	Director	$0	$0	$0
PAUL KALMBACH	DIRECTOR	1.00	Director	$0	$0	$0
STEVE LERNER PHD	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN MCDONALD	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA MOWEN	DIRECTOR	1.00	Director	$0	$0	$0
MATT PODANY	DIRECTOR	1.00	Director	$0	$0	$0
TIM REED	DIRECTOR	1.00	Director	$0	$0	$0
KARL THOENE	DIRECTOR	1.00	Director	$0	$0	$0
BEN TOWNS	DIRECTOR	1.00	Director	$0	$0	$0
TY VAUPEL	DIRECTOR	1.00	Director	$0	$0	$0
BLAINE BLACKBURN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS PEARSON	DIRECTOR	1.00	Director	$0	$0	$0
TODD ARMSTRONG	DIRECTOR	1.00	Director	$0	$0	$0
ERIC ARNOLD	DIRECTOR	1.00	Director	$0	$0	$0
MARIANO BERDEGUE	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN BONHAM	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS BRADAN	DIRECTOR	1.00	Director	$0	$0	$0
BRENT BRINEGAR	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTI BROWN	DIRECTOR	1.00	Director	$0	$0	$0
KATIE COOK	DIRECTOR	1.00	Director	$0	$0	$0
RAJ KASULA	DIRECTOR	1.00	Director	$0	$0	$0
SEAN MCNEAR	DIRECTOR	1.00	Director	$0	$0	$0
TERRY MEDEMBLIK	DIRECTOR	1.00	Director	$0	$0	$0
DAVID PROBERT	DIRECTOR	1.00	Director	$0	$0	$0
APOORVA SHAH	DIRECTOR	1.00	Director	$0	$0	$0
DAVID STEPHENS	DIRECTOR	1.00	Director	$0	$0	$0
CONSTANCE CULLMAN	PRESIDENT AND CEO	40.00	Officer	$464,718	$34,647	$499,365
SARAH NOVAK	VICE PRESIDENT, CORPORATE	40.00	Officer	$279,185	$16,583	$295,768
LEAH WILKINSON	VICE PRESIDENT	40.00	Officer	$245,670	$43,234	$288,904
ANDY TIMMINS	TREASURER	40.00	Officer	$207,871	$12,050	$219,921
LARA MOODY	IFEEDER EXECUTIVE DIRECTOR	5.00	Officer	$231,842	$22,642	$254,484
PAUL DAVIS	DIRECTOR OF QUALITY, ANIMAL FOOD SAFETY	40.00	Key Emp	$181,773	$20,245	$202,018
GARY HUDDLESTON	DIRECTOR OF FEED MANUFACTURING	40.00	Key Emp	$182,672	$25,405	$208,077
LOUISE CALDERWOOD	DIRECTOR OF REGULATORY AFFAIRS	40.00	Key Emp	$180,710	$25,480	$206,190
GINA VOORHEES	DIRECTOR OF GLOBAL STRATEGIES	40.00	Key Emp	$187,398	$10,498	$197,896
VICTORIA B BROEHM	VICE PRESIDENT OF MEMBER EXPERIENCE	40.00	Key Emp	$159,385	$32,258	$191,643
HANNAH THOMPSON	ALLIANCE PRESIDENT	40.00	Highest	$141,229	$26,567	$167,796
JESSICA MORSE	DIRECTOR OF MEETINGS AND EVENTS	40.00	Highest	$122,752	$14,671	$137,423
MALLORY GAINES	DIRECTOR OF MARKET ACCESS	40.00	Highest	$128,023	$13,776	$141,799
DAISY RODRIGUEZ	MANAGER OF MEETINGS AND EVENTS	40.00	Highest	$101,620	$33,890	$135,510

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	$7,365,722	$6,636,607	$11,483,454	$729,115
2024	$7,902,855	$6,491,537	$10,797,763	$1,411,318
2023	$6,000,208	$5,950,383	$9,754,405	$49,825
2022	$6,259,403	$5,612,044	$8,295,133	$647,359
2021	$3,760,072	$4,724,055	$8,163,153	$-963,983
2020	$6,124,848	$6,860,568	$8,714,909	$-735,720
2019	$5,683,982	$5,351,652	$10,598,888	$332,330
2019	$5,683,982	$5,351,652	$10,598,888	$332,330

AMERICAN FEED INDUSTRY ASSOCIATION INC