OKLAHOMA SOYBEAN BOARD INC

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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

Legal Domicile

Principal Officer

RICK REIMER

Phone

9183432326

Tax Period

2024-07-01 to 2025-06-30

OKLAHOMA SOYBEAN BOARD INC is a small nonprofit that reported $518K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $448K left a modest 14% surplus.

Mission

RESEARCH AND PROMOTION OF SOYBEANS OR SOYBEAN PRODUCTS

Program Service Accomplishments

Program 1

Expenses: $361,198

RESEARCH PROGRAM STUDIES TO ADVANCE THE IMAGE, DESIRABILITY, MARKETABILITY, PRODUCTIONS, PRODUCT DEVELOPMENT, QUALITY OR FUNCTIONAL OR NUTRITIONAL VALUE OF SOYBEANS OR SOYBEAN PRODUCTS. PROMOTIONAL PROGRAM - ADVERTISING TECHNICAL ASSISTANCE AND TRADE SERVICES ACTIVITIES TO ENHANCE THE IMAGE OR DESIRABILITY OF SOYBEANS OR SOYBEAN PRODUCTS.

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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 $504,408

Program Service Revenue $0

Investment Income $13,900

Other Revenue $0

TOTAL REVENUE $518,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $361,198

Other Expenses $447,729

TOTAL EXPENSES $447,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$518,308	$697,169	-0.3%
Expenses	$447,729	$697,346	-0.4%
Net Income	$70,579	$-177	-399.8%

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

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
RICK REIMER	EXCUTIVE DIR	40.00	Officer	$0	$0	$0
BRENT RENDEL	CHAIRMAN	2.00	Officer Director	$0	$0	$0
PAUL FRUENDT	SECRETARY	2.00	Officer Director	$0	$0	$0
ROBERT GREENLEE	BOARD MEMBER	2.00	Director	$0	$0	$0
MATT STEINERT	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK WHITE	BOARD MEMBER	2.00	Director	$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	$518,308	$447,729	$508,694	$70,579
2024	$697,169	$697,346	$438,115	$-177
2023	$555,165	$713,225	$438,292	$-158,060
2022	$1,022,785	$976,106	$596,352	$46,679
2019	$888,480	$979,504	$553,768	$-91,024