2025-11-17T19:09:48-06:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-01-01 730606209 NOBLE RESEARCH INSTITUTE LLC NOBL 5802235810 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 A JILL WALLACE VP & CFO 5802246227 2025-11-17 1 0 SCOTT THOMPSETT P00741490 2125990100 2024 2025-03-06 01:10:19Z STEVEN P RHINES 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 73917668 0 X WWW.NOBLE.ORG X 1945 OK THE INSTITUTE'S EXEMPT PURPOSE IS TO RESEARCH, DEMONSTRATE, AND TEACH PRINCIPLES (SEE SCHEDULE O)AND PRACTICES OF REGENERATIVE LAND STEWARDSHIP TO SAVE OUR NATION'S GRAZING LANDS BY PROMOTING LAND STEWARDSHIP THROUGH MANAGEMENT, BUILDING SOIL HEALTH AND KEEPING FARMERS AND RANCHERS ON THE LAND. 1 1 237 0 2609 0 36280085 39884047 640705 1381512 -674563 4094186 1704315 428189 37950542 45787934 0 59850 0 0 23485737 23729500 0 0 1508281 20457099 21789452 43942836 45578802 -5992294 209132 141744664 138173347 14778920 9209248 126965744 128964099 X TO GUIDE FARMERS AND RANCHERS IN APPLYING REGENERATIVE PRINCIPLES THAT YIELD HEALTHIER SOIL, MORE PRODUCTIVE GRAZING LAND, AND BUSINESS SUCCESS. (SEE SCHEDULE O) 0 0 25775808 59850 1175486 GRAZING LANDS RESEARCHTHE INSTITUTE'S GRAZING LAND-FOCUSED RESEARCH ENCOMPASSES DIFFERING ENVIRONMENTS (E.G., SILVOPASTURE, INTRODUCED PASTURE, NATIVE RANGE), PRODUCTION SYSTEMS, AND GEOGRAPHIES. IN GENERAL, THE RESEARCH CONCERNS THE OBSERVATION, MEASUREMENT, STUDY, AND ASSESSMENT OF ECOSYSTEM SERVICE RESPONSES, FARM AND RANCH RESILIENCE, AND ECONOMIC PERFORMANCE FOR DIFFERING LAND MANAGEMENT PRACTICES AND METHODOLOGIES. IT VALIDATES REPORTED RESEARCH, OFFERS NEW PUBLISHABLE INSIGHTS INTO SOIL HEALTH AND PRODUCTIVITY, AND ADDRESSES U.S. FARMER AND RANCHER CHALLENGES.(SEE SCHEDULE O)THE INSTITUTE CONDUCTS THIS RESEARCH, IN PART, IN CONJUNCTION WITH BOTH LAND GRANT UNIVERSITIES AND NON-LAND GRANT COLLEGES OF AGRICULTURE.A KEY RESEARCH EMPHASIS CONCERNS SOIL HEALTH-FOCUSED MANAGEMENT IN SILVOPASTURE ENVIRONMENTS. RESEARCH MEASUREMENT AND OBSERVATION INCLUDES SOIL HEALTH, OVERALL ECOSYSTEM SERVICES RESPONSE AND ECONOMIC VIABILITY. FOR THIS RESEARCH, THE INSTITUTE IS PARTICULARLY FOCUSED ON ASSESSMENT IN PECAN ORCHARD ENVIRONMENTS - A NON-TRADITIONAL GRAZING ENVIRONMENT. THIS RESEARCH IS FUNDED THROUGH PUBLIC AND PRIVATE SOURCES.THIS RESEARCH ENTERED ITS THIRD YEAR OF MONITORING CHANGES IN SOIL HEALTH IN THE PECAN ORCHARDS AT THE INSTITUTE, WHICH ARE UNDER REGENERATIVE MANAGEMENT WITH GRAZING LIVESTOCK USING ADAPTIVE MULTI-PADDOCK GRAZING, USE OF COVER CROPS, AND LIMITED-TO-NO INPUT APPLICATIONS. THE PROJECT FURTHER INVOLVES PRODUCER ORCHARDS ACROSS OKLAHOMA (TULSA-AREA AND SOUTH CENTRAL) AND TEXAS (NORTH CENTRAL, AUSTIN-AREA AND SOUTH CENTRAL) REPRESENTING DIFFERING MANAGEMENT STRATEGIES. THE RESEARCH SEEKS TO IDENTIFY ORCHARD MANAGEMENT PRACTICES THAT LEAD TO IMPROVED LEVELS OF SOIL HEALTH, ECOSYSTEM RESILIENCY, AND INCREASED ECONOMIC MEASURES PER ACRE. PRIMARY MEASUREMENTS WILL CONCERN THE IMPACT OF MANAGEMENT STRATEGIES ON TREE SYSTEMS AND PRODUCTS TO ACCOUNT FOR (A) SOIL HEALTH, (B) ORCHARD HEALTH, (C) FSMA-ASSOCIATED RECOMMENDED GRAZING RESTRICTIONS, AND (D) NUT NUTRIENT VALUE.ANOTHER COMPONENT OF THIS RESEARCH INVOLVES THE COLLECTION, MEASUREMENT AND QUANTIFICATION OF SHIGA TOXIN-PRODUCING E. COLI AND SALMONELLA FROM THE ORCHARD FLOOR IN CONJUNCTION WITH OKLAHOMA STATE UNIVERSITY, A LAND GRANT UNIVERSITY.A MORE TRADITIONAL GRAZING RESEARCH PROJECT ASSESSES THE IMPACT OF GRAZING MANAGEMENT ON SOIL HEALTH AND ECOLOGICAL INDICATORS IN GRAZING LANDS LOCATED IN OKLAHOMA, TEXAS, MICHIGAN, COLORADO, AND WYOMING. FUNDED IN PART BY THE FOUNDATION FOR FOOD AND AGRICULTURE RESEARCH, THE INSTITUTE LEADS A RESEARCH COLLABORATION INVOLVING, AND OPERATING IN CONJUNCTION WITH, THE FOLLOWING LAND GRANT UNIVERSITIES: MICHIGAN STATE UNIVERISTY, COLORADO STATE UNIVERSITY, UNIVERSITY OF WYOMING, TEXAS A&M UNIVERSITY, AND OREGON STATE UNIVERSITY. THIS RESEARCH IDENTIFIES ECOLOGICAL METRICS, INFLUENCING MANAGEMENT AND RELATED SOCIOECONOMIC FACTORS, INCLUDING FARMER AND RANCHER WELL-BEING. THE RESEARCH TEAM IS INTENSIVELY MEASURING WATER AND MINERAL CYCLES, ENERGY FLOW AND COMMUNITY DYNAMICS IN CONTRASTING GRAZING MANAGEMENT STRATEGIES (ADAPTIVE VS PRESCRIPTIVE) IN TWO OF THE INSTITUTE'S RANCHES (NATIVE RANGELAND AND INTRODUCED PASTURE) AND THE OTHER UNIVERSITY HUBS (MICHIGAN STATE UNIVERSITY AND UNIVERSITY OF WYOMING). METRICS INCLUDE, BUT ARE NOT LIMITED TO, VEGETATION DIVERSITY, WATER INFILTRATION, SOIL CARBON AND NITROGEN STOCKS, CO2 EXCHANGE, SOIL MICROBES, NUTRIENT CYCLING PROCESSES, ETC. THE PROJECT FURTHER INVOLVES SIMILAR DATA COLLECTION AT ABOUT 60 VOLUNTEER-PRODUCER FARM AND RANCH SITES CONCENTRATED IN THESE SAME STATES. THESE MEASURES WILL BE MONITORED OVER AT LEAST FIVE YEARS (2021-2026). IN THE END, THE PROJECT SEEKS TO CHARACTERIZE DRIVERS AND BARRIERS TO RANCHERS' ADOPTION OF REGENERATIVE AGRICULTURE PRINCIPLES. AS MENTIONED ABOVE, PROJECT RESULTS WILL BE LONG-TERM AND INVOLVE COMPREHENSIVE SOIL HEALTH MONITORING OF DIFFERENT GRAZING MANAGEMENT STRATEGIES ACROSS UNIVERSITY AND WORKING LAND SITES. THE INTENT IS TO UNDERSTAND THE RELATIONSHIPS BETWEEN SOIL HEALTH INDICATORS AND GRAZING MANAGEMENT AS WELL AS TO INFORM GRAZING MANAGEMENT DECISIONS WITH SOCIAL, ECONOMIC AND ECOLOGICAL OUTCOMES. OUTCOMES WILL BE PUBLISHED IN ACADEMIC JOURNALS AND SHARED THROUGH SCIENTIFIC AND LAY MEETINGS AND CONFERENCES.ANOTHER KEY RESEARCH EMPHASIS INVOLVES THE MEASUREMENT AND MONITORING OF INSTITUTE RANCHES UNDER REGENERATIVE MANAGEMENT AS IT RELATES TO SOIL HEALTH, GRAZING LAND PRODUCTIVITY, AND ECONOMIC VIABILITY. THE PROJECT INCLUDED TAKING BASELINE MEASUREMENTS AT 134 SITES ACROSS SIX RANCHES AND 13,500 ACRES. THE TEAM CONTINUED ITS MONITORING OF SOILS, VEGETATION, WATER, AND WILDLIFE. MEASUREMENTS ARE TAKEN THROUGHOUT THE YEAR, FROM WATERFOWL MONITORING IN THE WINTER, SMALL MAMMAL SURVEY, AND SOIL AND VEGETATION IN THE SPRING; WATER INFILTRATION, EARTHWORMS, AVIAN ACOUSTIC MONITORING, AND TERRESTRIAL MAMMAL SURVEY IN THE SUMMER; AND VEGETATION, AND THE NATIONWIDE SNAPSHOT CAMERA MAMMAL SURVEY IN THE FALL.ONE COMPONENT OF THIS RESEARCH FURTHER INVOLVES UNDERSTANDING THE ROLES OF BEES ON GRAZINGLANDS IN CONJUNCTION WITH AT LEAST THE UNIVERSITY OF OKLAHOMA, A NON-LAND GRANT UNIVERSITY COLLEGE OF AGRICULTURE.OUTCOMES WILL BE PUBLISHED IN ACADEMIC JOURNALS AND SHARED THROUGH SCIENTIFIC AND LAY MEETINGS AND CONFERENCES.REGARDING THE RESEARCH DESCRIBED ABOVE INVOLVING INSTITUTE RANCHES, THE INSTITUTE OPERATES AND REGENERATIVELY MANAGES SIX OKLAHOMA RANCHES TOTALING 13,500 ACRES. THE RANCHES PRODUCE CATTLE, GOATS, AND SHEEP AND, ON SOME, NATIVE AND INTRODUCED PECANS. IN ADDITION TO SERVING AS WORKING RANCHES, THESE RANCHES DEMONSTRATE REGENERATIVE MANAGEMENT FOR VISITING FARMERS AND RANCHERS, AND AS EXTENSIVELY NOTED ABOVE, SERVE AS LIVING LABORATORIES FOR OBSERVATION, MEASUREMENT, RESEARCH, AND STUDY. 14688993 0 206026 EDUCATION, MENTORSHIP, AND LEARNER SUPPORTTHE INSTITUTE DESIGNS, DEVELOPS, AND DELIVERS TOOLS, PRODUCTS, AND SERVICES TO OWNERS, MANAGERS, AND STEWARDS OF U.S. GRAZING LANDS TO BUILD KNOWLEDGE, SKILLS, AND CONFIDENCE IN APPLICATION OF REGENERATIVE PRINCIPLES. THE INSTITUTE SEEKS TO IMPACT U.S. GRAZING LANDS ON A NATIONWIDE SCALE.LARGE-SCALE ADOPTION AND REGENERATION OF U.S. GRAZING LANDS THROUGH THE WORK OF INTENTIONAL FARMERS AND RANCHERS YIELDS IMPORTANT ECOLOGICAL BENEFITS TO THE NATIONAL LANDSCAPE. THE INSTITUTE EMPHASIZES AND OFFERS DATA THAT ILLUSTRATES THE IMPACTS OF REGENERATIVE LAND MANAGEMENT, INCLUDING: (SEE SCHEDULE O) -IMPROVED SOIL HEALTH AND ECOLOGICAL FUNCTION, -IMPROVED AIR QUALITY, -IMPROVED WATER AVAILABILITY AND QUALITY, -INCREASED BIODIVERSITY (SOIL, PLANT AND ANIMAL), -ENHANCED WILDLIFE AND THEIR HABITATS, AND -SEQUESTRATION AND STORAGE OF ATMOSPHERIC CARBON. BEYOND THESE IMPORTANT ECOLOGICAL TRANSFORMATIONS, A STRONG DOMESTIC RANCHING COMMUNITY CONTRIBUTES DIRECTLY TO AVAILABILITY OF NUTRIENT-DENSE ANIMAL PROTEIN FOR HUMAN NUTRITION AND DOMESTIC FOOD SECURITY, VIABLE RURAL ECONOMIES, AND CONTINUES THE RICH WESTERN HERITAGE OF THIS NATION.THE INSTITUTE'S PRODUCER-CENTRIC EDUCATIONAL PORTFOLIO ADDRESSES RANCH OPERATONS AND MANAGEMENT HOLISTICALLY, INCLUDING LAND, LIVESTOCK, BUSINESS AND FINANCE, PEOPLE AND MANAGEMENT, AND COMMUNITY. THIS EDUCATIONAL PORTFOLIO IS IN CONTINUOUS DEVELOPMENT AND WILL CONTINUE TO GROW TO OFFER PROGRAMMING FOR DIFFERING SKILL LEVELS AND DIFFERING PRACTICE/SKILL DEVELOPMENT.THIS EDUCATIONAL PORTFOLIO GUIDES LEARNERS THROUGH EVERY STEP OF THEIR RANCH MANAGEMENT JOURNEY FROM AN INTRODUCTION TO SOIL HEALTH TO IMPROVING ECONOMIC VIABILITY TO HERD DEVELOPMENT AND GRAZING MANAGEMENT TO ADVANCED LAND AND OPERATIONAL STEWARDSHIP.THE INSTITUTE DELIVERS LEARNING, CONSULTATION AND SUPPORT THROUGH DIFFERING MODALITIES, INCUDING IN-PERSON INTERACTION, ONLINE (LIVE AND ASYNCHRONOUS), PEER NETWORKING AND DECISION TOOLS AND RESOURCES. CRITICIALLY, THE INSTITUTE'S EDUCATIONAL PORTFOLIO IS FOUNDED UPON INSTRUCTIONAL DESIGN PRINCIPLES, WHICH FOCUSES ON ADULT LEARNING UPTAKE AND RETENTION. MOREOVER, EDUCATIONAL CONTENT IS BASED ON PRACTIAL SKILLS AND USEFUL KNOWLEDGE SUPPORTED BY SCIENCE AND THE INSTITUTE'S LAND-BASED RESEARCH, WHICH ENSURES THAT THE EDUCATIONAL PORTFOLIO REMAINS DYNAMIC, PIONEERING AND SCIENTIFICALLY SOUND. LASTLY, THE INSTITUTE'S EDUCATIONAL PORTFOLIO EMPHASIZES CHANGE MANAGEMENT TO BETTER SERVE THE PRODUCER AND PROACTIVELY ADDRESS THE CHANGE IN MINDSET REQUIRED TO ADOPT AND PRACTICE A NEW APPROACH TO LAND MANAGEMENT. THE INSTITUTE'S EDUCATIONAL FRAMEWORK FACILITATES LONG-TERM TRANSFORMATION THROUGH PEER-TO-PEER NETWORKING, VIRTUAL SUPPORT, AND COMPLEMENTARY TOOLS FOR KNOWLEDGE APPLICATION AND LEARNING REINFORCEMENT. EXISTING PROGRAMS INCLUDE COURSES SUCH AS LAND ESSENTIALS AND GRAZING ESSENTIALS. A THREE-YEAR CURRICULM DEVELOPMENT PLAN OFFERS A FORWARD-LOOKING ROADMAP OF PROGRAMMING DEVELOPMENT FOR FARMER, RANCHER AND LANDOWNER ENGAGEMENT. EXECUTING THIS ROADMAP, IN 2024 THE INSTITUTE INTRODUCED IN-PERSON COURSES PROFITABILITY ESSENTIALS AND BUSINESS OF GRAZING AND TWO ONLINE LEARNING PROGRAMS, LAND STEWARDSHIP AND LAND ESSENTIALS ONLINE. FROM 2023-2024, 38 COURSES WERE OFFERED TO 633 ATTENDEES OVERALL. THE INSTITUTE FACILITATES A LEARNING PEER NETWORK TO INSPIRE AND MOTIVATE PRODUCERS THROUGH BUILDING A SUSTAINED LEARNING COMMUNITY. THE PEER NETWORK INCLUDES A MONTHLY ONLINE GATHERING AND A DISCUSSION BOARD. RANCHER TO RANCHER LAUNCHED IN 2024 AND HAD AN OVERALL ATTENDANCE OF 231. THE DISCUSSION BOARD HAD 144 TOTAL DISCUSSION POSTS.IN 2025, THE INSTITUTE WILL DEVELOP AND INTRODUCE MARKET SMART RANCHING, A TAILORED THREE-PART GRAZING SERIES FOR RANCHERS IN THE FLINT HILLS, AND AN UPDATE TO LAND ESSENTIALS. THE ONLINE COURSE PORTFOLIO WILL BE EXPANDED IN 2025 TO INCLUDE PROFITABILITY ESSENTIALS.IN-PERSON COURSE DELIVERY LOCATIONS INCLUDED MULTIPLE SITES IN OKLAHOMA, TEXAS, KANSAS, MISSOURI, MONTANA, ARKANSAS, COLORADO AND NEW MEXICO. SITES FOR DELIVERY OF IN-PERSON EDUCATION WILL EXPAND IN 2025 TO FURTHER INCLUDE OREGON, GEORGIA, CALIFORNIA, NORTH DAKOTA, WYOMING, AND FLORIDA. 0 0 0 N/A 40464801 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 130 0 1 237 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 1 1 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X A JILL WALLACE 5802235810 2510 SAM NOBLE PARKWAY ARDMORE OK 73401 THE SAMUEL ROBERTS NOBLE FOUNDA SOLE MEMBER/MANAGER 0.00 0.00 X 0 0 0 STEVEN P RHINES PRESIDENT / CHIEF EXECUTIVE OFFICER 40.00 0.00 X 713306 0 54573 A JILL WALLACE VICE PRESIDENT & CFO 40.00 0.00 X 393122 0 34354 ELIZABETH A ALDRIDGE CORPORATE SECRETARY 40.00 0.00 X 122161 0 20611 JEFFREY S MOEN GEN. COUNSEL & DIRECTOR GOVT. AFFAIRS 40.00 0.00 X 306547 0 52203 M GAYLE DONICA DIRECTOR OF HUMAN RESOURCES 40.00 0.00 X 259372 0 52289 CHARLES P CANNY DIRECTOR OF FACILITIES 40.00 0.00 X 248239 0 42925 HUGH D ALJOE DIRECTOR OF RANCHES, OUTREACH 40.00 0.00 X 236468 0 41392 LORI M CAIN DIRECTOR OF PRODUCER GUIDANCE 40.00 0.00 X 253558 0 26142 PATRICK NEWMAN DIRECTOR OF BI AND ANALYTICS 40.00 0.00 X 184785 0 34275 JOSEPH BEARD DIR. OF INFORM. TECHNOLOGY 40.00 0.00 X 221231 0 48910 RACHAEL DAVIS DIR OF MKTG COMM. (AS OF 03/24) 40.00 0.00 X 152700 0 42822 CASEY B SMITH AVIATION & MAINTENANCE MANAGER 40.00 0.00 X 230948 0 45070 ANDREW A SEGNA ASSOCIATE GENERAL COUNSEL 40.00 0.00 X 176065 0 42982 PRYCE HOLLEY CONTROLLER 40.00 0.00 X 151524 0 39953 KENNETH D COCKRELL CAPTAIN PILOT 40.00 0.00 X 179906 0 8209 WILLIAM MCGEHEE CAPTAIN PILOT 40.00 0.00 X 164674 0 20684 3994606 0 607394 84 0 1 0 FRANKFURT SHORT BRUZA 5801 BROADWAY EXT STE 500 OKLAHOMA CITY OK 73118 ARCHITECTURE 972221 ARMANINO ADVISORY LLC PO BOX 888285 LOS ANGELES CA 90088 TECHNOLOGY CONSULTING 762252 RUBINBROWN LLP 6400 SUPERIOR AVE SAINT LOUIS MO 631790379 CONSULTING 265685 WEST MONROE HOLDINGS LLC PO BOX 735140 CHICAGO IL 606735140 CONSULTING 197000 IRIE VENTURES 78 AUDUBON DR CHESNUT HILL MA 02467 CONSULTING 170000 6 61354 36526675 544383 2751635 3004 39884047 FARM OPERATIONS 110000 1175486 1175486 EDUCATION COURSES 110000 206026 206026 1381512 697270 697270 109364 109364 31235482 279402 27885608 232360 3349874 47042 3396916 3396916 0 61354 11766 -11766 -11766 SALE OF SCRAP METALS 900099 138568 138568 ENERGY IMP. PROG. REBATES 611600 96021 96021 REIMBURSED EXPENSES 900099 61641 61641 34361 2609 31752 330591 45787934 1381512 2609 4519766 X 11100 11100 48750 48750 3091486 2700061 267971 123454 14495789 12660418 1256502 578869 1480533 1297870 132293 50370 3414742 2955624 324708 134410 1246950 1090239 106792 49919 109547 94129 11648 3770 113668 94692 14336 4640 81287 81287 8069791 7469885 391010 208896 402576 391290 5437 5849 297941 256021 30237 11683 1679793 1399265 211195 69333 1183 1183 1730118 1445615 214937 69566 488893 444174 32492 12227 187146 175644 8221 3281 50742 44046 5059 1637 5331982 4958879 281872 91231 463854 392654 53790 17410 FARM OPERATIONS 966494 907922 43761 14811 REPAIRS & MAINTENANCE 918782 806205 85050 27527 EQUIPMENT 285996 271691 10808 3497 FUEL 251578 235375 12241 3962 358081 312069 24073 21939 45578802 40464801 3605720 1508281 6329363 5515774 656961 806740 1851483 710562 21235 20217 1742135 1157639 172450285 97846900 76884637 74603385 25013743 19545212 28013814 34833303 1231293 980515 141744664 138173347 4084429 3682406 550000 440000 10144491 5086842 14778920 9209248 X 126365744 128456999 600000 507100 126965744 128964099 141744664 138173347 X 209132 1056628 732595 X 0 1 X 1 0 X MICHIGAN STATE UNIVERSITY EAST LANSING MI SCHEDULE A, PART I, LINE 9 IN ADDITION TO OPERATING IN CONJUNCTION WITH MICHIGAN STATE UNIVERSITY, NOBLE RESEARCH INSTITUTE PARTNERS WITH COLORADO STATE UNIVERSITY, OREGON STATE UNIVERSITY, TEXAS A&M UNIVERSITY, UNIVERSITY OF WYOMING, UNIVERSITY OF OKLAHOMA AND OKLAHOMA STATE UNIVERSITY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10687764 10687764 129450537 69647716 59802821 24558157 24558157 7753827 28199184 -20445357 74603385 LIMITED PARTNERSHIPS 34833303 F 34833303 POST-RETIREMENT BENEFITS 3177598 OPERATING LEASE LIABILITY 648922 OTHER LIABILITIES 1260322 5086842 X 47607273 1056628 111403 732595 1900626 45706647 81287 81287 45787934 45608918 111403 111403 45497515 81287 81287 45578802 PART X, LINE 2: INCOME TAXES THE INSTITUTE FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION OR MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY IRC. THE INSTITUTE HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE INSTITUTE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN POST-RETIREMENT BENEFITS 732,595. PITCHIN IN FOR A SUSTAINABLE FUTURE 61354 61354 0 1000 3675 3118 3973 61354 61354 1000 3675 3118 3973 11766 -11766 0 COLORADO STATE UNIVERSITY 846000545 GOV 11100 0 GENERAL SUPPORT RESEARCH FELLOWSHIP 1 48750 X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 STEVEN P RHINES PRESIDENT / CHIEF EXECUTIVE OFFICER 561727 0 89541 0 62038 0 26208 0 28365 0 767879 0 0 0 A JILL WALLACE VICE PRESIDENT & CFO 326714 0 17868 0 48540 0 20604 0 13750 0 427476 0 0 0 JEFFREY S MOEN GEN. COUNSEL & DIRECTOR GOVT. AFFAIR 271664 0 15711 0 19172 0 14058 0 38145 0 358750 0 0 0 M GAYLE DONICA DIRECTOR OF HUMAN RESOURCES 225769 0 15440 0 18163 0 13083 0 39206 0 311661 0 0 0 CHARLES P CANNY DIRECTOR OF FACILITIES 216860 0 14397 0 16982 0 13540 0 29385 0 291164 0 0 0 LORI M CAIN DIRECTOR OF PRODUCER GUIDANCE 237379 0 15157 0 1022 0 9701 0 16441 0 279700 0 0 0 HUGH D ALJOE DIRECTOR OF RANCHES, OUTREACH 211200 0 14645 0 10623 0 13159 0 28233 0 277860 0 0 0 CASEY B SMITH AVIATION & MAINTENANCE MANAGER 208332 0 12573 0 10043 0 8805 0 36265 0 276018 0 0 0 JOSEPH BEARD DIR. OF INFORM. TECHNOLOGY 193426 0 8989 0 18816 0 12675 0 36235 0 270141 0 0 0 PATRICK NEWMAN DIRECTOR OF BI AND ANALYTICS 166216 0 9592 0 8977 0 7361 0 26914 0 219060 0 0 0 ANDREW A SEGNA ASSOCIATE GENERAL COUNSEL 166299 0 9292 0 474 0 6998 0 35984 0 219047 0 0 0 RACHAEL DAVIS DIR OF MKTG COMM. (AS OF 03/24) 130905 0 21237 0 558 0 5860 0 36962 0 195522 0 0 0 PRYCE HOLLEY CONTROLLER 133421 0 17489 0 614 0 5834 0 34119 0 191477 0 0 0 KENNETH D COCKRELL CAPTAIN PILOT 170409 0 9123 0 374 0 6492 0 1717 0 188115 0 0 0 WILLIAM MCGEHEE CAPTAIN PILOT 156788 0 7538 0 348 0 6718 0 13966 0 185358 0 0 0 PART I, LINE 1A THE INSTITUTE PROVIDES ITS EMPLOYEES ON PART VII, SECTION A, LINE 1A CERTAIN FRINGE BENEFITS ANCILLARY TO THEIR ORDINARY COMPENSATION; TO THE EXTENT THAT THESE FRINGE BENEFITS ARE BUSINESS RELATED, THEY ARE TREATED AS A NON-TAXABLE BENEFIT; TO THE EXTENT THEY ARE DEEMED TAXABLE EXPENSES, THEY ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). IN CALENDAR YEAR 2024, THE INSTITUTE OFFERED: - FIRST-CLASS OR CHARTER TRAVEL: ON LIMITED AND OCCASIONAL CIRCUMSTANCES AND PURSUANT TO AN ORGANIZATIONAL BUSINESS EXPENDITURE POLICY, EMPLOYEES WERE GRANTED AN EXCEPTION TO THE POLICY'S REQUIREMENT OF "[COMMERCIAL] ECONOMY CLASS" FOR AIR TRAVEL. ANY SUCH DEVIATION REQUIRES: (1) PRE-APPROVAL BY THE EMPLOYEE'S SUPERVISORS AND (2) A SHOWING THAT STANDARD AIRFARE WOULD REQUIRE CIRCUITOUS ROUTING, TRAVEL DURING UNREASONABLE HOURS, EXCESSIVELY PROLONGED TRAVEL, RESULT IN INCREASED COST THAT WOULD OFFSET TRANSPORTATION SAVINGS, IS NOT REASONABLY ADEQUATE FOR THE PHYSICAL OR MEDICAL NEEDS OF THE TRAVELER OR IS NOT REASONABLY AVAILABLE TO MEET TRAVEL REQUIREMENTS. AS THIS EXPENDITURE WAS INCURRED IN THE FURTHERANCE OF BUSINESS, IT HAS BEEN TREATED AS A NON-TAXABLE BENEFIT. -CERTAIN FRINGE BENEFITS ARE GROSSED UP FOR SOCIAL SECURITY AND MEDICARE TAXES FOR EMPLOYEES. THESE AMOUNTS HAVE BEEN REPORTED AS TAXABLE WAGES IN COLUMN (B)(III). - SOCIAL DUES: THE INSTITUTE PROVIDED SOCIAL CLUB DUES FOR THE PRESIDENT, VICE PRESIDENT, AND GENERAL COUNSEL. THE VALUE OF THE DUES HAS BEEN REPORTED AS TAXABLE WAGES IN COLUMN (B)(III). PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN CONTRIBUTIONS TO THE EMPLOYEES' SECTION 457(F) PLANS ARE REPORTED IN FORM 990, SCHEDULE J, PART II, COLUMN (C). THE FOLLOWING INDIVIDUALS RECEIVED CONTRIBUTIONS TO A 457(F) PLAN: STEVEN P. RHINES - $14,783.16 A. JILL WALLACE - $326.60 PART I, LINE 7 NON-FIXED PAYMENTS AS A COMPONENT OF ITS DIRECT BENEFITS, NOBLE'S TOTAL COMPENSATION PACKAGE SUPPORTS THE MISSION, VISION AND VALUES. THESE ORGANIZATIONAL" INCENTIVES INCLUDES AN INCENTIVE PLAN THAT ALIGNS WITH KEY ORGANIZATIONAL GOALS AND CAN BE INSTITUTE-WIDE OR INDIVIDUAL EFFORTS, BUT EACH OFFERS PERSONAL INCOME IF SUCCESSFULLY COMPLETED. THE GOALS ARE DETERMINED BY THE LEADERSHIP TEAM AND ARE EVALUATED AND APPROVED BY THE LEADERSHIP TEAM. INCENTIVE PAYMENTS ARE AT THE DISCRETION OF THE BOARD OF DIRECTORS AND ARE NOT GUARANTEED. FORM 990, PART III, LINE 1 AS THE PRIMARY TOOL FOR LAND TRANSFORMATION, THE INSTITUTE SEEKS TO ENGAGE AND BUILD KNOWLEDGE, SKILLS AND CONFIDENCE IN U.S. FARMERS AND RANCHERS THROUGH INSTITUTE-HOSTED EDUCATIONAL EXPERIENCES. THESE EDUCATIONAL EXPERIENCES PROVIDE PATHWAYS FOR TRANSFERRING INSTITUTE RESEARCH OUTCOMES AND OPERATIONAL EXPERIENCES. THE INSTITUTE CONDUCTS PRACTICAL, GRAZING LAND-FOCUSED AGRICULTURE RESEARCH TO OBSERVE, MEASURE, STUDY, AND ASSESS THE ECOSYSTEM SERVICE RESPONSES TO LAND MANAGEMENT. THIS LANDSCAPE-SCALE RESEARCH OCCURS ON INSTITUTE RANCHES AS WELL AS OTHER U.S. GRAZING PROPERTIES. THIS RESEARCH IS PERFORMED, IN PART, IN CONJUNCTION WITH BOTH LAND GRANT UNIVERSITIES AND NON-LAND GRANT COLLEGES OF AGRICULTURE. THE INSTITUTE'S RANCHES ARE REGENERATIVELY MANAGED AND CONSIST OF 13,500 ACRES OF INTRODUCED PASTURE AND NATIVE GRAZING LANDS IN SOUTHERN OK, WHICH IS THE SUBJECT OF EXTENSIVE ECOLOGICAL MEASUREMENT AND ASSESSMENT AS LIVING LABORATORIES. THE RANCHES FURTHER SERVE AS EXAMPLES FOR MANAGEMENT AND PRODUCTION PRACTICES AND OUTCOMES. FORM 990, PART VI, SECTION A, LINE 1A PURSUANT TO THE INSTITUTE'S LIMITED LIABILITY OPERATING AGREEMENT, THE SAMUEL ROBERTS NOBLE FOUNDATION (THE FOUNDATION) SERVES AS THE SOLE MEMBER-MANAGER OF THE INSTITUTE. IN THIS CAPACITY, THE FOUNDATION ALSO IS REFERRED TO AS THE INSTITUTE'S "GOVERNING BODY." THE FOUNDATION MANAGES THE BUSINESS AFFAIRS AND PROPERTIES OF THE INSTITUTE, AND ALL CORPORATE POWERS SHALL BE EXERCISED BY, OR UNDER THE DIRECTION OF THE FOUNDATION. THE FOUNDATION PROVIDES LEADERSHIP FOR THE INSTITUTE TO CARRY OUT ITS CHARITABLE PURPOSES, ACT AS A GOOD STEWARD OF ITS RESOURCES, AND CONDUCT AND SUPPORT ITS ACTIVITIES IN ACCORDANCE WITH THE VISION OF FOUNDER LLOYD NOBLE. THE FOUNDATION FURTHER DIRECTS MANAGEMENT TO FORMALIZE AND IMPLEMENT THE INSTITUTE'S STRATEGIC PLAN. THE FOUNDATION IS AN INDEPENDENT MEMBER, AS THE FOUNDATION IS A SECTION 501(C)(3) PRIVATE NON-OPERATING FOUNDATION THAT HAS NO VESTED FINANCIAL INTEREST IN THE SUCCESS OF THE INSTITUTE. THE FOUNDATION, AS THE SOLE MEMBER-MANAGER, IS NOT DEEMED TO LACK INDEPENDENCE MERELY BECAUSE IT IS A DONOR TO THE INSTITUTE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS PURSUANT TO THE INSTITUTE'S LIMITED LIABILITY OPERATING AGREEMENT, THE SAMUEL ROBERTS NOBLE FOUNDATION (THE FOUNDATION) SERVES AS THE SOLE MEMBER-MANAGER OF THE INSTITUTE. IN THIS CAPACITY, THE FOUNDATION ALSO IS REFERRED TO AS THE INSTITUTE'S "GOVERNING BODY." FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE OF THE GOVERNING BODY (THE SAMUEL ROBERTS NOBLE FOUNDATION) BY THE INSTITUTE'S TAX PREPARERS. A FINAL COPY IS MADE AVAILABLE TO THE GOVERNING BODY WITH SUFFICIENT TIME TO PROVIDE COMMENTS AND REVISIONS TO FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY OFFICERS AND KEY EMPLOYEES ANNUALLY SUBMIT INFORMATION DISCLOSURE FORMS TO DISCLOSE FINANCIAL/BUSINESS RELATIONSHIPS AND POTENTIAL CONFLICTS OF INTEREST (COI). THE ORGANIZATION'S PRESIDENT ADDRESSES ANY QUESTIONS OR UNCERTAINTIES REGARDING THE COI DISCLOSURES. SUBMITTED FORMS ARE REVIEWED AND ARCHIVED BY THE CORPORATE SECRETARY OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS: AN INTERNAL REVIEW AND ANALYSIS IS COMPLETED EVERY TWO YEARS WHICH CONSIDERS THE ORGANIZATION'S STRATEGIC PLAN, PAY PHILOSOPHY, PREVAILING MARKET PRACTICES AND RELEVANT REGULATORY MANDATES (THE LAST BEING IN 2023). AN OUTSIDE NATIONALLY RECOGNIZED COMPENSATION CONSULTANT IS USED AT LEAST EVERY THREE YEARS TO REVIEW OUR COMPENSATION PROGRAM (THE LAST BEING IN 2022). THE REVIEW AND ANALSYIS ARE PRESENTED TO THE INSTITUTE'S GOVERNING BODY (THE SAMUEL ROBERTS NOBLE FOUNDATION) FOR CONSIDERATION. THE GOVERNING BODY DETERMINES THE COMPENSATION FOR THE PRESIDENT/CEO BASED UPON MARKET REVIEW DATA AND PERFORMANCE. THE COMPENSATION FOR ALL OTHER OFFICERS AND EXECUTIVE TEAM MEMBERS IS DETERMINED BY THE PRESIDENT/CEO BASED UPON MARKET REVIEW DATA AND PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION'S DOCUMENTS OPEN TO THE PUBLIC THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND ANNUAL FORM 990 ARE PROVIDED TO THE PUBLIC THROUGH A LINK ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G PROFESSIONAL ADVISORY SERVICES: PROGRAM SERVICE EXPENSES 4,128,907. MANAGEMENT AND GENERAL EXPENSES 391,010. FUNDRAISING EXPENSES 208,896. TOTAL EXPENSES 4,728,813. SUBAWARDS: PROGRAM SERVICE EXPENSES 3,200,978. TOTAL EXPENSES 3,200,978. PARTICIPANT SUPPORT COSTS: PROGRAM SERVICE EXPENSES 140,000. TOTAL EXPENSES 140,000. FORM 990, PART XI, LINE 9: CHANGE IN POST-RETIREMENT BENEFITS 732,595. THE SAMUEL ROBERTS NOBLE FOUNDATION 2510 SAM NOBLE PARKWAY ARDMORE OK 734012124 815328519 GRANT-MAKING OK 501(C)(3) PF N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 PART V, LINE 10 THE INSTITUTE PROVIDES SERVICES TO ITS GOVERNING BODY (THE SAMUEL ROBERTS NOBLE FOUNDATION) UNDER A SHARED SERVICES AGREEMENT BETWEEN THE INSTITUTE AND THE FOUNDATION. EMPLOYEES PROVIDING THE SERVICES ARE THE COMMON-LAW EMPLOYEES OF THE INSTITUTE AND ARE UNDER THE INSTITUTE'S DIRECTION AND CONTROL. THE COST OF THESE SERVICES PROVIDED UNDER THE SHARED SERVICES AGREEMENT ARE REIMBURSED BY THE FOUNDATION TO THE INSTITUTE.