philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Ohio Soybean Association

Not tax-deductible

Worthington, OH501(c)(5)EIN 23-7167474

To educate soybean farmers and promote the use of soybeans.

Mission: Form 990 Part I, line 1

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $66K a year · 13% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$97K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$593K
-1% vs prior year
Spent
$540K
To programs
0%
Net assets
$1.5M
By yearFY2020–FY2025
Revenue
$593K
FY2025▼ -1%
Revenue by fiscal year
FY2020$412K
FY2021$487K
FY2022$497K
FY2023$501K
FY2024$601K
FY2025$593K
Expenses
$540K
FY2025▲ +5%
Expenses by fiscal year
FY2020$364K
FY2021$408K
FY2022$420K
FY2023$450K
FY2024$512K
FY2025$540K
Net assets
$1.5M
FY2025▲ +4%
Net assets by fiscal year
FY2020$1.2M
FY2021$1.4M
FY2022$1.3M
FY2023$1.4M
FY2024$1.5M
FY2025$1.5M

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Rusty Goebel
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ohio Soybean Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates soybean farmers and promotes soybean use.

Provided by the organization

This section is blank until Ohio Soybean Association claims this page.

Know this organization? Claim it to add your story

1 program service account for $540K of program spending, described in the organization's own filed words · FY2025.
01

To bring together for cooperation and operated exclusively for education and scientific purposes in regards to the production, distribution and utilization of soybeans.

$540Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$593K
Ln 12
Fees for servicesLn 2g$409K
Other incomeLn 4–11$116K
Investment incomeLn 3$68K
Money outPt IX
$540K
Ln 25
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$340K
Total assetsLn 16$1.6M
LiabilitiesLn 26$97K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$409K
Investment incomeLn 3$68K
Other incomeLn 4–11$116K
Gains on assetsLn 7$24K
Total revenueLn 12$593K
Assets in detailPt X, end of year
CashLn 1$340K
Cash and savings togetherLn 1–2$340K
InvestmentsLn 11–13$1.2M
Total assetsLn 16$1.6M
LiabilitiesLn 26$97K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$595K$340K
InvestmentsLn 11–13$956K$1.2M
Total assetsLn 16$1.6M$1.6M
LiabilitiesLn 26$100K$97K
Net assetsLn 32$1.5M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other expenses (24a–d)Ln 24$484K
All other expensesLn 24e$56K
Total functional expensesLn 25$540K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $593K$540K$53K$1.5M 990 PDF
FY2024 $601K$512K$89K$1.5M 990 PDF
FY2023 $501K$450K$51K$1.4M 990 PDF
FY2022 $497K$420K$77K$1.3M 990 PDF
FY2021 $487K$408K$79K$1.4M 990 PDF
FY2020 $412K$364K$48K$1.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $593,370 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $409,087$409,087
VIII-3 Investment incomeExcluded from tax $44,869$44,869
VIII-7 Net gain or loss on sales of assetsExcluded from tax $23,606$23,606
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,097 · Unrelated business $108,711$115,808
VIII-12 Total revenueRelated to mission $416,184 · Unrelated business $108,711 · Excluded from tax $68,475$593,370
Part IX · Statement of functional expenses $539,976 across 2 lines filed
IX-24 Other expenses (24a–d)$483,739
IX-24e All other expenses$56,237
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$539,976
Part X · Balance sheet $1,612,431 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $594,891$339,914
X-4 Accounts receivable$22,819
X-11 Publicly traded securitiesStart of year $754,760$1,058,704
X-12 Other securitiesStart of year $201,192$190,994
X-16 Total assetsStart of year $1,550,843$1,612,431
X-17 Accounts payable and accrued expensesStart of year $10,489$5,246
X-19 Deferred revenueStart of year $89,069$92,247
X-26 Total liabilitiesStart of year $99,558$97,493
X-27 Net assets without donor restrictionsStart of year $1,451,285$1,514,938
X-32 Total net assets or fund balancesStart of year $1,451,285$1,514,938
X-33 Total liabilities and net assetsStart of year $1,550,843$1,612,431
Part XI · Reconciliation of net assets $1,514,938 net assets at year end
XI-1 Total revenue$593,370
XI-2 Total expenses$539,976
XI-3 Revenue less expenses$53,394
XI-4 Net assets at start of year$1,451,285
XI-5 Net unrealized gains (losses) on investments$10,259
XI-10 Net assets at end of year$1,514,938

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.