SOY AQUACULTURE ALLIANCE INC

EIN: 453723947 Mutual Benefit

ANKENY, IA

Total Revenue
$875,403
Total Expenses
$795,741
Total Assets
$758,075
Net Assets
$598,702
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
IN
Principal Officer
DAVIE STEPHENS
Phone
5152518640
Tax Period
2024-10-01 to 2025-09-30

SOY AQUACULTURE ALLIANCE INC, founded in 2011, is a small nonprofit in the Mutual Benefit sector that reported $875K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $796K left a modest 9% surplus.

Mission

TO INCREASE SOYBEAN DEMAND, TO CONDUCT PROMOTION, RESEARCH, PRODUCER EDUCATION, INDUSTRY INFORMATION, AND TO TRANSACT ANY AND ALL LAWFUL BUSINESS FOR WHICH CORPORATIONS MAY BE INCORPORATED UNDER THE ACT, PROVIDED SUCH BUSINESS IS NOT INCONSISTENT WITH THE CORPORATION BEING ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES.

Program Service Accomplishments

Program 1

THE SOY AQUACULTURE ALLIANCE (SAA) IS DEDICATED TO EXPANDING THE USE OF U.S. GROWN SOYBEANS IN DOMESTIC AND INTERNATIONAL AQUACULTURE FEED FORMULATIONS.SAA FUNDS PROGRAMS AND RESEARCH THAT INCREASES...

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THE SOY AQUACULTURE ALLIANCE (SAA) IS DEDICATED TO EXPANDING THE USE OF U.S. GROWN SOYBEANS IN DOMESTIC AND INTERNATIONAL AQUACULTURE FEED FORMULATIONS.SAA FUNDS PROGRAMS AND RESEARCH THAT INCREASES THE UTILIZATION OF U.S. SOYBEANS IN THE DIETS OF FISH AND SHRIMP THROUGH COLLABORATION WITH ACADEMIC AND PRIVATE RESEARCHERS AND AQUACULTURE INDUSTRY LEADERS.SAA PROVIDES SUPPORT FOR NUMEROUS RESEARCH STUDIES IN INDEPENDENT PUBLIC AND PRIVATE RESEARCH CENTERS. EACH STUDY FOCUSED ON GENETIC, NUTRITION OR SYSTEM TRIALS THAT PROVIDE FOR A MORE ROBUST DOMESTIC AQUACULTURE INDUSTRY AND GREATER INCLUSION RATES FOR SOYBEANS IN AQUACULTURE DIETS. RESEARCH INVESTMENTS AND SELECTION OF RESEARCH RECIPIENTS ARE DETERMINED BY THE BOARD OF DIRECTORS EACH YEAR. A REQUEST FOR PROPOSAL PROCESS IS IMPLEMENTED TO ENCOURAGE RESEARCHERS TO SUBMIT STUDY OUTLINES THAT MEET THE SAA MISSION.SAA IS GOVERNED BY A VOLUNTEER BOARD REPRESENTING U.S. SOYBEAN FARMERS AND INDUSTRY MEMBERS. VOTING MEMBERSHIP IS OPEN TO QUALIFIED STATE SOYBEAN BOARDS AND NON-VOTING MEMBERSHIP TO PUBLIC AND PRIVATE ENTITIES IN THE SOY, AQUACULTURE, AND SEAFOOD INDUSTRIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $505,000
Program Service Revenue $368,694
Investment Income $1,709
Other Revenue $0
TOTAL REVENUE $875,403

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $795,741
TOTAL EXPENSES $795,741

Year-over-Year Comparison

2024 2023 Change
Revenue $875,403 $629,627 +0.4%
Expenses $795,741 $847,788 -0.1%
Net Income $79,662 $-218,161 -1.4%
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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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

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
6
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVIE STEPHENS CHAIR 4.00
Officer Director
$0 $0 $0
JERRY BAMBAUER VICE CHAIR 3.00
Officer Director
$0 $0 $0
ALAN MOORE TREASURER 3.00
Officer Director
$0 $0 $0
EUGENE GOERING SECRETARY 3.00
Officer Director
$0 $0 $0
SAM SHOWALTER DIRECTOR 2.00
Director
$0 $0 $0
KENNETH MOORE DIRECTOR 2.00
Director
$0 $0 $0
AARON PORTER DIRECTOR 2.00
Director
$0 $0 $0
BRUCE HAINES DIRECTOR 2.00
Director
$0 $0 $0
ROBERT WHITE DIRECTOR 2.00
Director
$0 $0 $0
TIM SCATES DIRECTOR 2.00
Director
$0 $0 $0
JOHN WRAY DIRECTOR 2.00
Director
$0 $0 $0
EASTON KUBOUSHEK EXECUTIVE DIRECTOR 10.00
Officer
$0 $0 $0
STEVE MCGINNIS CFO 1.00
Officer
$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 $875,403 $795,741 $758,075 $79,662
2024 $629,627 $847,788 $607,924 $-218,161
2023 $865,851 $705,393 $837,795 $160,458
2022 $433,856 $394,816 $540,903 $39,040
2021 $444,734 $318,387 $449,890 $126,347
2020 $500,672 $431,976 $314,344 $68,696
2019 $514,361 $493,744 $373,357 $20,617
2018 $384,826 $312,980 $249,760 $71,846
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