Rice Foundation EIN 76-0140725

Rice Foundation

EIN  76-0140725 Public charity (501(c)(3)) Arlington, VA
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Rice Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Supports education, science, and research for the U.S. rice industry.
Leadership
Brian Ottis · Chair
Money in and out
$595K revenue, $365K expenses
Bottom line
81% program efficiency

Supports education, science, and research for the U.S. rice industry. For fiscal year 2025 it reported $595K in revenue, $365K in expenses, and $1.5M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$595K
Pt VIII · Ln 12
Total expenses
$365K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $230K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19
Program efficiency
81%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
376.7mo
months of highly liquid reserves at operating expense rate▲ +20% vs prior filing year
Surplus margin
+39%
revenue over expenses, this year▲ +265% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$595K
FY2025▲ +29%
Expenses
$365K
FY2025▼ -11%
Total assets
$11.5M
FY2025▲ +5%
Total liabilities
$10.0M
FY2025▲ +4%
Total revenue
$595K
Pt VIII · Ln 12
Total expenses
$365K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$230K
Total assetsPt X · Ln 16$11.5M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 327
Independent voting membersPt I · Ln 427
Mission & Programs · Part III

Where the work happens

3 program services account for $295K of program spending, described in the organization's own filed words · FY2024.
01

Leadership Development

The Rice Leadership Development Program gives future leaders a comprehensive understanding of the rice industry, with an emphasis on personal development and communication skills.

$174Kprogram expense
02

Industry Education and Research

A key part of The Rice Foundation's mission is supporting research that benefits the entire U.S. rice industry. Currently, projects focus on conservation, sustainability, and nutrition.The National Rice Month Scholarship Video Contest is an opportunity for graduating high school students living in one of those six rice-growing states to…

$91Kprogram expense
03

Regional Conservation Partnership Program

The purpose of the Regional Conservation Partnership Program (RCPP) is to promote coordination between Natural Resources Conservation Service (NRCS) and its partners to deliver conservation assistance to producers and landowners.

$29Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRice Foundation
EINHdr · item D76-0140725
Principal addressHdr · item CArlington, VA
WebsiteHdr · item Jwww.usarice.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K20E)
Ruling yearIRS BMFAug 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a27
Independent voting membersPt VI · Ln 1b27
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Rice Foundation executive salaries →

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

Statement of Revenue

Part VIII
Contributions & grants$553K · 93%
Investment income$42K · 7%
Contributions & grants93%$553K
Investment income7%$42K
Total revenueLn 12$595K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$295K
Management & general19%$70K
Total functional expensesLn 25$365K

Balance Sheet

Part X · end of year
CashLn 1$11.5M
Total assetsLn 16$11.5M
Total liabilitiesLn 26$10.0M
Total net assetsLn 32$1.5M
Months of cash on handcomputed376.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $11.5M · Operating expenses/yr $365K
376.7 months
Where the money goes
Program services
Program services $295K · Total expenses $365K
81%
Management & General
Management & general $70K · Total expenses $365K
19%
Fundraising
Fundraising $0 · Total expenses $365K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $542K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $553K · Total revenue $595K
93%
Government reliance
Government grants — · Total revenue $595K
Earned-income share
Program service revenue $0 · Total revenue $595K
0%
Investment reliance
Investment income $42K · Total revenue $595K
+7%
Program self-sufficiency
Program service revenue $0 · Total expenses $365K
0%
Growth & trend
Revenue growth (YoY)
This year $595K · Prior year $461K
+29%
Revenue CAGR
FY2019 $387K · FY2024 $595K
+9%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year $1.2M
+19%
Balance sheet
Surplus Margin
Revenue $595K · Expenses $365K
+39%
Liabilities-to-Assets
Total liabilities $10.0M · Total assets $11.5M
87%
Net-asset ratio
Net assets $1.5M · Total assets $11.5M
13%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $11.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brian Ottis · Reported title Chair · Highest reported compensation $0 · Total expenses $365K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $365K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 19%
Fundraising cost ratio 0%
Revenue growth 29%
Legal fee ratio 0%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Aarq TrustFY2025$104K
Total grants receivedfrom 1 funder$104K
Grants paid · 10 grants · $302K · 2019–2024
Unitemized GrantFY2024$19,000
USA Rice FederationVA · FY2024$10,264
Unitemized GrantFY2023$7,000
USA Rice FederationVA · FY2022$60,000
Unitemized GrantFY2022$11,933
USA Rice FederationVA · FY2021$50,000
Unitemized GrantFY2021$12,000
USA Rice FederationVA · FY2020$70,000
Unitemized GrantFY2020$11,500
USA Rice FederationVA · FY2019$50,000

Similar Organizations

Closest in mission — by what they do
See all organizations like Rice Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$595K revenue · viewing · ⤓ 990 PDF
FY2024$461K revenue · ⤓ 990 PDF
FY2023$659K revenue · ⤓ 990 PDF
FY2022$390K revenue · ⤓ 990 PDF
FY2021$341K revenue · ⤓ 990 PDF
FY2020$387K revenue · ⤓ 990 PDF

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

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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

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 peer-cohort and compensation comparisons above.