NEW JERSEY SOYBEAN BOARD INC (EIN 454648967) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

BILL BIBUS

Phone

6098909207

Tax Period

2024-10-01 to 2025-09-30

NEW JERSEY SOYBEAN BOARD INC, founded in 2012, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $217K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $193K left a modest 11% surplus.

Mission

PROVIDE RESEARCH GRANTS TO IMPROVE PRODUCTION AND MARKETABILITY OF SOYBEANS. PROVIDE COMMUNICATION TO THOSE PRODUCING AND GROWING SOYBEANS.

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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 $197,764

Investment Income $18,964

Other Revenue $0

TOTAL REVENUE $216,728

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $170,607

TOTAL EXPENSES $193,107

Year-over-Year Comparison

	2024	2023	Change
Revenue	$216,728	$252,930	-0.1%
Expenses	$193,107	$220,260	-0.1%
Net Income	$23,621	$32,670	-0.3%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM ALLEN	DIRECTOR	2.00	Director	$0	$0	$0
BILL BAMKA	EX-OFFICIO	2.00	Director	$0	$0	$0
SCOTT ELLIS	DIRECTOR	2.00	Director	$0	$0	$0
TOM FREIBERGER	DIRECTOR	2.00	Director	$0	$0	$0
PATRICK GIBERSON	DIRECTOR	2.00	Director	$0	$0	$0
ALEXANDRA GILLETT	EX-OFFICIO	2.00	Director	$0	$0	$0
DEBBIE HART	EXECUTIVE DI	5.00	Director	$0	$0	$0
STEVE MILLER	DIRECTOR	2.00	Director	$0	$0	$0
BILL BIBUS	CHAIRMAN	2.00	Officer	$0	$0	$0
TANYA DESANDRE	SECRETARY	2.00	Officer	$0	$0	$0
GEORGE HOLMES	TREASURER	2.00	Officer	$0	$0	$0
DOUG KURMAN	VICE CHAIR	2.00	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	$216,728	$193,107	$637,884	$23,621
2024	$252,930	$220,260	$616,269	$32,670
2023	$224,719	$196,480	$583,488	$28,239
2022	$272,520	$217,772	$557,657	$54,748
2021	$237,409	$187,404	$489,793	$50,005

NEW JERSEY SOYBEAN BOARD INC