Indiana Agricultural Law Foundation Inc

EIN: 510489857 501(c)(3) Food, Agriculture & Nutrition

Indianapolis, IN

Total Revenue
$245,394
Total Expenses
$176,451
Total Assets
$1,646,371
Net Assets
$1,646,371
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
IN
Principal Officer
Mark Thornburg
Phone
3176927851
Tax Period
2025-01-01 to 2025-12-31

Indiana Agricultural Law Foundation Inc, founded in 2004, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $245K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $69K, a strong 28% operating margin.

Program Service Accomplishments

Program 1
Expenses: $5,374

Indiana Agricultural Law Foundation INAgLaw supports litigation which has the potential to establish legal precedent and clarity on matters of concern to the agricultural community in Indiana...

Read more

Indiana Agricultural Law Foundation INAgLaw supports litigation which has the potential to establish legal precedent and clarity on matters of concern to the agricultural community in Indiana. INAgLaw seeks to further the understanding of agricultural legal issues within the agricultural community, the public, and the judicial branch of government. This past year saw the culmination of multiple cases supported by INAgLaw. One case involved agricultural property tax, and the reclassification of agricultural land to excess rural residential. The result of this case clarified the legal standard of agricultural use and was a positive outcome for Indiana agriculture. Another case involving the establishment of a conservation district and the required notice and specificity of describing the impacted rural land is supported by the INAgLaw and continues. Each of these cases were important to Indiana farmers and landowners.

Program 2
Expenses: $91,096

INAgLaw creates and supports educational programs that address legal issues facing farmers. Estate and succession planning impacts every farm in the state of IN. In July 2025, INAgLaw held the 12th...

Read more

INAgLaw creates and supports educational programs that address legal issues facing farmers. Estate and succession planning impacts every farm in the state of IN. In July 2025, INAgLaw held the 12th installment of its annual series Estate Succession Planning for the Family Farm Also, INAgLaw held its 2nd workshop on family farm succession. Seven multi generation Indiana farm families attended an in-person event facilitated by an industry expert and left with a formalized plan to assist in the succession of their farm. INAgLaw coordinated the 4th installment of the Ag Planning and Zoning School and updated the Ag Zoning Guide. INAgLaw coordinated the 2nd annual Agricultural Contracting program highlighting the different types of contracts and their role in production agriculture. CLE credits were offered to attorneys attending the programs with the exception of the succession workshop. INAgLaw also facilitated numerous telephone calls and Zoom meetings on agricultural law issues and continues to help farmers find attorneys to represent their interests when necessary.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $185,783
Program Service Revenue $500
Investment Income $59,111
Other Revenue $0
TOTAL REVENUE $245,394

Expense Breakdown

Grants Paid $800
Salaries & Benefits $158,159
Fundraising Expenses $49,855
Program Expenses $96,470
Other Expenses $17,492
TOTAL EXPENSES $176,451

Year-over-Year Comparison

2025 2024 Change
Revenue $245,394 $224,256 +0.1%
Expenses $176,451 $174,550 +0.0%
Net Income $68,943 $49,706 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
11
Employees
N/A
Volunteers
6

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
8
$1,686,805
Total Directors
14
$463,862
Key Employees
1
$112,278
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Sigler resigned effective 12-1 Treasurer 000.20
Officer
$0 $89,794 $438,145
Megan Ritter effective 12-15-2025 Treasurer 000.20
Officer
$0 $42,174 $266,957
Mark Thornburg Secretary 005.00
Officer
$0 $67,891 $244,436
Randall Kron President 000.30
Officer Director
$0 $57,953 $223,702
Elaine Rueff Assistant Treasurer 001.00
Officer
$0 $44,938 $181,736
John Shoup Exec Director 036.00
Highest
$96,088 $37,829 $146,160
Robin Heldman Assistant Secretary 000.25
Officer
$0 $41,905 $137,647
Maria Spellman Assistant Secretary 003.00
Officer Key Emp
$12,856 $34,144 $112,278
Kendell Culp Vice President 000.20
Officer Director
$0 $7,984 $81,904
Janis Highley Director 000.20
Director
$0 $0 $23,976
Terry Hayhurst Director 000.50
Director
$0 $0 $13,920
Kevin Ousley resigned effective 12- Director 000.20
Director
$0 $0 $13,850
Matthew Hayden Director 000.50
Director
$0 $0 $13,560
Mark Seib Director 000.20
Director
$0 $0 $13,200
Robert Geswein Director 000.20
Director
$0 $0 $13,200
Bruce Guernsey Director 000.20
Director
$0 $0 $13,200
Bruce Herr Director 000.50
Director
$0 $0 $13,200
Kermit Paris Director 000.50
Director
$0 $0 $13,200
Jon Sparks Director 000.20
Director
$0 $0 $13,200
Corina Brant Director 000.20
Director
$0 $0 $13,200
Thomas Miller effective 12-13-2025 Director 000.20
Director
$0 $0 $550
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 $245,394 $176,451 $1,646,371 $68,943
2024 No data No data No data No data
2023 $264,055 $161,966 $1,532,722 $102,089
2022 $185,778 $147,501 $1,425,633 $38,277
2021 $147,960 $151,618 $1,387,356 $-3,658
2020 $188,941 $120,410 $1,391,952 $68,531
2019 $191,836 $147,155 $1,322,483 $44,681
2018 $185,479 $162,637 $1,277,802 $22,842
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Indiana Agricultural Law Foundation Inc with other nonprofits in Indiana and across the country.