NATIONAL OILSEED PROCESSORS ASSOCI… - 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

1936

Legal Domicile

Principal Officer

DEVIN MOGLER

Phone

2028420463

Tax Period

2023-10-01 to 2024-09-30

NATIONAL OILSEED PROCESSORS ASSOCIATION, founded in 1936, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 25% operating margin.

Mission

TO CULTIVATE A THRIVING OPERATING ENVIRONMENT FOR THE U.S. OILSEED INDUSTRY THROUGH ADVOCACY AND STRATEGIC COLLABORATIONS.

Program Service Accomplishments

Program 1

MONITORED STATUS OF ISSUES AFFECTING OILSEED GROWERS AND THE OILSEED PROCESSING INDUSTRY; SUPPORTED MARKET DEVELOPMENT FOR U.S. OILSEED PROCESSORS ACCOMPLISHED THROUGH REPRESENTATION OF ITS MEMBERS' INTERESTS IN THE AREAS OF TRADING RULES, INTERNATIONAL TRADE MATTERS, AND FEDERAL LEGISLATIVE, REGULATORY AND BIOTECHNOLOGY POLICIES. ADVOCATED FOR AN EFFICIENT GLOBAL SUPPLY CHAIN SYSTEM THROUGH EDUCATION, INFORMATION AND MARKET-BASED SOLUTIONS TO POLICYMAKERS AND TRADE NEGOTIATORS, GROWERS, CUSTOMERS, SUPPLIERS, AND GLOBAL OILSEED ORGANIZATIONS. CRITICAL PROJECTS/ISSUES INCLUDED ENHANCEMENT OF CUSTOMER RELATIONS, WITH EMPHASIS ON RELATIONSHIPS WITH NATIONAL/STATE OILSEED GROWER ORGANIZATIONS AND ANIMAL AGRICULTURAL CUSTOMERS, PUBLICATION OF MONTHLY STATISTICAL REPORT AND INDUSTRY MEETINGS.

Program 2

MONITORED U.S. GOVERNMENT AGENCY REGULATIONS (SUCH AS EPA, OSHA, FDA, USDA, DOE, TREASURY ) ON MATTERS AFFECTING THE OILSEED PROCESSING INDUSTRY. CRITICAL ISSUES INCLUDED FOOD/FEED SAFETY...

MONITORED U.S. GOVERNMENT AGENCY REGULATIONS (SUCH AS EPA, OSHA, FDA, USDA, DOE, TREASURY ) ON MATTERS AFFECTING THE OILSEED PROCESSING INDUSTRY. CRITICAL ISSUES INCLUDED FOOD/FEED SAFETY INITIATIVES, BIOFUELS POLICY, GLOBAL CLIMATE CHANGE REGULATIONS, AND SAFETY, HEALTH AND LOSS PREVENTION.

Program 3

MONITORED FEDERAL LEGISLATION AND INFORMED MEMBERS REGARDING STATUS OF SPECIFIC LEGISLATION; COMMUNICATED WITH LEGISLATORS AND FEDERAL AGENCIES REGARDING THE INTERESTS OF THE U.S. OILSEED PROCESSING INDUSTRY. CRITICAL ISSUES INCLUDED LEGISLATION ON BIOFUELS, FARM BILL AND CONSERVATION PROGRAMS, EXPORT CREDIT PROGRAMS, WATER RESOURCES DEVELOPMENT, INTERNATIONAL TRADE AGREEMENTS, BIOTECHNOLOGY, CLIMATE CHANGE AND RAIL INFRASTRUCTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,265,156

Investment Income $15,655

Other Revenue $32,117

TOTAL REVENUE $4,312,928

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,493,794

Fundraising Expenses $0

Other Expenses $1,759,033

TOTAL EXPENSES $3,252,827

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,312,928	$2,710,342	+0.6%
Expenses	$3,252,827	$2,681,332	+0.2%
Net Income	$1,060,101	$29,010	+35.5%

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

$477,937

Total Directors

Key Employees

$303,749

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIEGO RASTELETTI	CHAIR	5.00	Officer Director	$0	$0	$0
GARY CORDIER	CHAIR ELECT	5.00	Officer Director	$0	$0	$0
JOHN GROSSMAN	TREASURER	5.00	Officer Director	$0	$0	$0
TOM MALECHA	PAST CHAIR	5.00	Officer Director	$0	$0	$0
ADAM PIPER	DIRECTOR	2.00	Director	$0	$0	$0
JOE GRIFFITH	DIRECTOR	2.00	Director	$0	$0	$0
JAKE HAYS	DIRECTOR	2.00	Director	$0	$0	$0
JASON MARTHALER	DIRECTOR	2.00	Director	$0	$0	$0
KERRY FOGARTY	DIRECTOR	2.00	Director	$0	$0	$0
GORDON RUSSELL	DIRECTOR	2.00	Director	$0	$0	$0
JERAMIE WELLER	DIRECTOR	2.00	Director	$0	$0	$0
GRAYSON DANIELS	DIRECTOR	2.00	Director	$0	$0	$0
ED PROSSER	DIRECTOR	2.00	Director	$0	$0	$0
COREY JORGENSON	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS KERSTING	DIRECTOR	2.00	Director	$0	$0	$0
WALTER CRONIN	DIRECTOR	2.00	Director	$0	$0	$0
ERIC MEEUWSEN	DIRECTOR	2.00	Director	$0	$0	$0
KAILEE BULLER FROM 122023	PRESIDENT & CEO	40.00	Officer	$10,792	$0	$10,792
THOMAS A HAMMER THRU 122023	CEO	40.00	Officer	$410,791	$56,354	$467,145
DAVID HOVERMALE	EXECUTIVE VICE PRESIDENT	40.00	Key Emp	$252,500	$51,249	$303,749
KATIE VASSALLI	POLICY DIRECTOR	40.00	Highest	$216,250	$35,572	$251,822

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
2024	$4,312,928	$3,252,827	$3,583,404	$1,060,101
2023	$2,710,342	$2,681,332	$2,472,498	$29,010
2022	$1,903,969	$1,881,099	$1,664,611	$22,870
2021	$1,396,084	$1,595,073	$1,440,481	$-198,989
2020	$1,880,707	$1,598,417	$1,497,674	$282,290
2019	$1,886,692	$1,627,126	$1,277,858	$259,566
2018	$2,242,953	$2,175,523	$1,063,696	$67,430

NATIONAL OILSEED PROCESSORS ASSOCIATION