SOY AQUACULTURE ALLIANCE INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SOY AQUACULTURE ALLIANCE INC (EIN 45-3723947)
- Tax period
- 2012-10-01 to 2013-09-30
- Filed
- 2014-01-20
- IRS object ID
- 201410209349300306
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-01-20T07:59:00-06:00 | Timestamp |
| Tax Period End Date | 2013-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351489521 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREENWALT CPAS INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5342 W VERMONT STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46224 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453723947 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOY AQUACULTURE ALLIANCE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOYA | NameControl |
| Phone | 3173473620 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5730 WEST 74TH STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46278 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVEN HART | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 3173473620 | Phone |
| Date Signed | 2013-12-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANITA W SHERMAN CPA | Name |
| PTIN | P01395184 | PTIN |
| Phone | 3172412999 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEVEN HART | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5730 WEST 74TH STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46278 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 612794 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.SOYAQUAALLIANCE.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2011 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | TO INCREASE SOYBEAN DEMAND; TO CONDUCT PROMOTION, RESEARCH, CONSUMER EDUCATION, PRODUCER EDUCATION, INDUSTRY INFORMATION PROGRAMS AND MARKET DEVELOPMENT ACTIVITIES IN RELATION TO THE USE OF SOYBEANS AND SOY PRODUCTS IN AQUACULTURE; TO SUPPORT THE DEVELOPMENT OF SOY-BASED AQUAFEEDS; AND TO TRANSACT ANY AND ALL LAWFUL BUSINESS FOR WHICH CORPORATIONS MAY BE INCORPORATED UNDER THE ACT, PROVIDED SUCH BUSINESS IS NOT INCONSISTENT WITH THE COPRORATION BEING ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 19 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 365000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 385000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 121025 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 227469 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 340 | InvestmentIncomePriorYear |
| Investment Income Current Year | 325 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 486365 | TotalRevenuePriorYear |
| Total Revenue Current Year | 612794 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 442402 | OtherExpensePriorYear |
| Other Expenses Current Year | 594068 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 442402 | TotalExpensesPriorYear |
| Total Expenses Current Year | 594068 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 43963 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 18726 | RevenuesLessExpensesCY |
| Total Assets BOY | 151828 | TotalAssetsBOY |
| Total Assets EOY | 245226 | TotalAssetsEOY |
| Total Liabilities BOY | 107865 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 182537 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 43963 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 62689 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO INCREASE SOYBEAN DEMAND; TO CONDUCT PROMOTION, RESEARCH, CONSUMER EDUCATION, PRODUCER EDUCATION, INDUSTRY INFORMATION PROGRAMS AND MARKET DEVELOPMENT ACTIVITIES IN RELATION TO THE USE OF SOYBEANS AND SOY PRODUCTS IN AQUACULTURE; TO SUPPORT THE DEVELOPMENT OF SOY-BASED AQUAFEEDS; AND TO TRANSACT ANY AND ALL LAWFUL BUSINESS FOR WHICH CORPORATIONS MAY BE INCORPORATED UNDER THE ACT, PROVIDED SUCH BUSINESS IS NOT INCONSISTENT WITH THE COPRORATION BEING ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | AS DETAILED ABOVE, SAA'S PURPOSE IS FOCUSED ON INCREASING THE MARKET FOR SOYBEANS. IN PARTICULAR, SAA WILL FOCUS ON SOY-BASED AQUACULTURE FEEDS. THE DEVELOPMENT OF SOY-BASED AQUAFEEDS IS CRITICAL FOR THE FUTURE OF FOOD SOURCES, SPECIFICALLY WITH RESPECT TO FISH AS A FOOD SOURCE. WILD-CAUGHT FISHERIES CANNOT SUSTAIN THE INCREASING PRESSURE OF GLOBAL SEAFOOD DEMANDS. BY 2030, AN ADDITIONAL 50 MILLION TONS OF FISH PER YEAR WILL BE NEEDED TO MAINTAIN CURRENT LEVELS OF SEAFOOD CONSUMPTION. WILD FISH CAPTURE REACHED ITS MAXIMUM VOLUME CAP IN THE MID-1980S AND CANNOT GROW TO MEET THIS INCREASED DEMAND. RESPONSIBLE FISH FARMING IS THE ONLY WAY TO BRIDGE THE GAP BETWEEN THE WILD SUPPLY SHORTFALL, CRITICAL CONSUMER DEMAND, AND HEALTH NEEDS. INCREASING THE AVAILABILITY OF SOY-FED, FARM-RAISED FISH CAN HELP FULFILL THIS GROWING NEED WHILE CONSERVING NATURAL RESOURCES.SOYBEANS ARE ONE OF THE WORLD'S BEST NON-FISH SOURCES OF ESSENTIAL OMEGA-3 FATTY ACIDS, HEALTHY PROTEINS, AND UNSATURATED FATS. HIGH-QUALITY SOY PROTEIN IS FED TO FARMED FISH AND SHELLFISH, TO SUPPORT THEIR GROWTH AND HEALTHY DEVELOPMENT. SOYBEAN MEAL, SOY PROTEIN CONCENTRATES, SOYBEAN OIL, AND OTHER VEGETABLE PROTEINS AND OILS, CAN REPLACE FROM ONE-THIRD TO ONE HUNDRED PERCENT OF THE FISHMEAL IN FEEDS FOR MANY FARMED SPECIES, REDUCING THE NEED FOR WILD-CAUGHT FISH FOR FISHMEAL. MOREOVER, SOYBEAN MEAL COSTS SIGNIFICANTLY LESS THAN MOST ANIMAL MEALS, INCLUDING FISH MEAL. REDUCING FEED COST IS CRITICAL TO IMPROVING EFFICIENCY AND MAINTAINING SUSTAINABILITY IN AQUACULTURE OPERATIONS. BECAUSE THE NUTRIENT REQUIREMENTS OF FARMED FISH AND SHELLFISH ARE SO COMPLEX, EACH FEED RATIO IS FORMULATED BASED ON THE INDIVIDUAL SPECIES' NEEDS. MOST FARM-RAISED FISH AND SHELLFISH CAN EASILY DIGEST SOYMEAL, WHICH HELPS THE FISH MORE EFFICIENTLY TRANSFORM INGESTED PROTEIN INTO BODY WEIGHT. SOYBEAN MEAL PROVIDES A CONSISTENT PRODUCT TO FISH FARMERS, WHICH IN TURN ALLOWS FARMERS TO SUPPLY CONSUMERS, CHEFS, AND OTHERS WITH FISH AND SHRIMP OF CONSISTENT QUALITY, SIZE, AND SUPPLY.WHILE IN ITS FORMATIVE STAGES, ALL ACTIVITIES SAA UNDERTAKES WILL BE FOCUSED ON PROMOTING THE FEED-BASED AQUACULTURE INDUSTRY. THERE HAVE BEEN THREE SPECIFIC ACTIVITIES THAT SAA WILL FOCUS ON: (1) RESEARCH AND DEVELOPMENT OF THE SOY-BASED AQUACULTURE INDUSTRY; (2) EDUCATION AND OUTREACH OF THE AQUACULTURE AND SEAFOOD INDUSTRY; AND (3) FOCUSING ON SAA'S AND THE SOY AQUACULTURE'S INFRASTRUCTURE. RESEARCH AND DEVELOPMENT:WHILE THE SOY AQUACULTURE INDUSTRY HAS A VERY POSITIVE FUTURE AS A VIABLE AND SUSTAINABLE FOOD SOURCE, SIGNIFICANT DEVELOPMENT OF THE INDUSTRY IS REQUIRED. SAA WILL FOCUS ON THE DEVELOPMENT OF SOY-BASED AQUACULTURE AS A VIABLE FOOD SOURCE, INCLUDING THE DEVELOPMENT OF NEW VARIETIES OF SOYBEANS GEARED FOR AQUACULTURE AND UTILIZING GENETIC SELECTION TO DEVELOP A DOMESTICATED BROOD STOCK THAT THRIVES ON PLANT-BASED FEEDS. A CENTRAL COMPONENT OF SAA'S PROGRAMS WILL FOCUS ON FUNDING RESEARCH. SAA WILL WORK WITH THE SOY AQUACULTURE INDUSTRY AS A WHOLE TO SUPPORT NEEDED RESEARCH. SAA WILL DEVELOP A PEER REVIEW PANEL TO SET RESEARCH PRIORITIES AND PROVIDE RECOMMENDATIONS TO THE SAA BOARD OF DIRECTORS REGARDING THE RESEARCH PROJECTS TO SUPPORT AND FUND. ALL RESEARCH PROJECTS SUPPORTED AND FUNDED BY SAA WILL BE DECIDED IN ACCORDANCE WITH SAA'S CONFLICT OF INTEREST POLICY. ADDITIONALLY, ALL RESEARCH RESULTS WILL BE PUBLISHED ON A DATABASE THAT WILL BE PUBLICLY ACCESSIBLE THROUGH THE SAA WEBSITE, AND DEPENDING UPON THE NATURE OF THE RESEARCH, WILL BE PUBLISHED IN SCHOLARLY JOURNALS. EDUCATION AND OUTREACH:SAA WILL ALSO SERVE AS A FACILITATOR WITHIN THE AQUACULTURE AND SEAFOOD INDUSTRY TO HELP ENSURE ALL THE NECESSARY STAKEHOLDERS ARE COMMUNICATING AND INVOLVED IN FURTHERING THE INDUSTRY AS A WHOLE. SPECIFICALLY, SAA WILL HOST MEETINGS AND SPONSOR WORKSHOPS THAT WILL FOCUS ON BRINGING TOGETHER THE STAKEHOLDERS OF THE AQUACULTURE INDUSTRY, INCLUDING INVESTORS, PRODUCERS, AND GROWERS. THESE GATHERINGS WILL HELP ENSURE THAT THOSE INVOLVED IN THE INDUSTRY ARE COMMUNICATING AND DOING WHAT IS NECESSARY TO HELP ADVANCE THE INDUSTRY. IN ADDITION TO COMMUNICATION AND WORKSHOPS WITHIN THE AQUACULTURE INDUSTRY, SAA WILL FOCUS ON OUTREACH TO THE PUBLIC AS A WHOLE IN AN EFFORT TO PROMOTE THE SOY AQUACULTURE INDUSTRY. SUCH ACTIVITIES ARE GEARED TOWARDS EDUCATING THE PUBLIC REGARDING THE BENEFITS OF SOY-BASED AQUACULTURE FEEDS, AND THE IMPACT THAT SUCH AN INDUSTRY CAN HAVE WITH RESPECT TO ASSISTING THE SUSTAINABILITY EFFORTS OF FISH AS A FOOD SOURCE. INFRASTRUCTURE:IMPORTANTLY, SAA WILL ALSO DEVELOP INTERNAL METHODS TO TRACK THE SUCCESS OF ITS PROGRAMS AS WELL AS THE PROGRAMMING OF THE SOY-BASED AQUACULTURE INDUSTRY AS A WHOLE. SPECIFICALLY, SAA WILL CONDUCT SURVEYS TO MEASURE THE IMPACT OF ITS RESEARCH AND DEVELOPMENT PROGRAMS. THE PURPOSE OF SAA IS TO HELP ENSURE THE ADVANCEMENT OF THE SOY-BASED AQUACULTURE INDUSTRY. THIS TYPE OF TRACKING WILL HELP ENSURE THAT SAA'S PROGRAMMING IS EFFECTIVE, AND FURTHERMORE HELP EVALUATE THE MECHANISMS THAT WILL ASSIST IN MOVING THE SOY-BASED AQUACULTURE INDUSTRY FORWARD. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ANNA MCCONNELL | NamePerson |
| Telephone Number | 3173473620 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5730 WEST 74TH STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46278 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| DUANE DAHLMAN | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| DELBERT WESTPHALEN | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| GEORGE MARTIN | ||||||
| VICE-CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| DOUGLAS HANSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RUSS ALLEN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ANDY WELDEN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DOUG COREY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BILL BAYLISS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WADE COWAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SHELLEY MCDANIEL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BEN SCHMIDT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN WRAY | ||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | |
| DAVID NIEKAMP | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| GREG PETERS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVE LOWE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BOB MILLER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STEVEN D HART | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 90488 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 90488 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIANA SOYBEAN ALLIANCE INC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5730 WEST 74TH STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46278 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | MANAGEMENT SERVICE | DescriptionOfServices |
| Compensation | 167955 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Membership Dues | 385000 | MembershipDues |
| Total Contributions | 385000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | REIMBURSE FOR PROGRAM | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 227469 | TotalRevenueColumn |
| Related Or Exempt Function Income | 227469 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 227469 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 325 | TotalRevenueColumn |
| Exclusion | $325 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 612794 | TotalRevenueColumn |
| Related Or Exempt Function Income | 227469 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $325 | ExclusionAmount |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167955 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23897 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18049 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 595 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 788 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36421 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10950 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4468 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROJECT COSTS AND CONSU | 325915 |
| DUES & SUBSCRIPTIONS | 2463 |
| SPONSORSHIPS | 1927 |
| SMALL EQUIPMENT | 390 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 250 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 594068 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29084 | BOY |
| EOY | 56711 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36340 | BOY |
| EOY | 85533 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77344 | BOY |
| EOY | 84128 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9060 | BOY |
| EOY | 18854 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 151828 | BOY |
| EOY | 245226 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82168 | BOY |
| EOY | 114124 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25697 | BOY |
| EOY | 68413 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107865 | BOY |
| EOY | 182537 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43963 | BOY |
| EOY | 62689 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43963 | BOY |
| EOY | 62689 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 151828 | BOY |
| EOY | 245226 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 18726 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 612794 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 612794 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 612794 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 594068 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 594068 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 594068 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | SAA IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. ACCOUNTING STANDARDS FOR INCOME TAXES PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. SAA EVALUATES ITS ACTIVITIES TO DETERMINE THAT IT IS IN COMPLIANCE WITH ITS TAX-EXEMPT PURPOSE. SAA DOES NOT BELIEVE IT IS ENGAGED IN ANY ACTIVITIES THAT WOULD CREATE UNCERTAIN TAX POSITIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | SOY AQUACULTURE ALLIANCE HAS AN MANAGEMENT AGREEMENT WITH INDIANA SOYBEAN ALLIANCE, AN UNRELATED 501(C)(6) ORGANIZATION, TO MANAGE THE DAY-TO-DAY ACTIVITY OF SOY AQUACULTURE ALLIANCE. THE EXECUTIVE DIRECTOR OF SOY AQUACULTURE ALLIANCE IS A W-2 EMPLOYEE OF INDIANA SOYBEAN ALLIANCE. THE EXECUTIVE DIRECTOR'S W-2 SALARY IS INCLUDED IN THE $167,955 IN MANAGMENT FEES REPORTED ON FORM 990, PART VII, SECTION B. ALL MANAGEMENT DECISIONS ARE SUBJECT TO APPROVAL BY THE BOARD OF SOY AQUACULTURE ALLIANCE. THERE ARE 2 (OUT OF 16 TOTAL FOR SAA) SHARED BOARD MEMBERS BETWEEN THE TWO ORGANIZATIONS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATAION HAS THREE CLASSES OF MEMBERS CONSISTING OF CLASS A MEMBERS, CLASS B MEMBERS AND CLASS C MEMBERS. EACH CLASS A MEMBER IN GOOD STANDING SHALL BE ENTITLED TO ONE (1) VOTE, EXERCISABLE IN PERSON OR BY PROXY, ON EACH MATTER SUBMITTED BY THE BOARD OF DIRECTORS TO THE MEMBERSHIP FOR A VOTE OF THE MEMBERS. CLASS B AND CLASS C MEMBERS SHALL NOT HAVE VOTING RIGHTS. |
| FORM 990, PART VI, SECTION A, LINE 7A | VOTING DIRECTORS SHALL BE APPOINTED TO THE BAORD OF DIRECTORS BY CLASS A MEMBERS. TIER 1 CLASS A MEMBERS MAY APPOINT TWO DIRECTORS. TIER 2 CLASS A MEMBERS MAY APPOINT ONE DIRECTOR |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOARD OF DIRECTORS SHALL HIRE AN EXECUTIVE DIRECTOR FOR THE CORPORATION UNDER SUCH TERMS AND CONDITIONS AS IT DEEMS PRUDENT. THE EXECUTIVE DIRECTOR SHALL MANAGE THE DAY-TO-DAY AFFAIRS OF THE CORPORATION AND PERFORM SUCH DUTIES AS CUSTOMARILY ATTEND THIS OFFICE OR ARE ASSIGNED BY THE BOARD. THE EXECUTIVE DIRECTOR SHALL BE RESPONSIBLE TO THE ENTIRE BOARD BUT SHALL REPORT DIRECTLY TO THE CHAIR. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 WILL BE PREPARED ANNUALLY BY EXTERNAL AUDIT FIRM RELYING ON MANAGEMENT DATA TO COMPLETE THE FILING. THE RETURN WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR AND THE BUDGET AND FINANCE COMMITTEE. AFTER APPROVAL FROM THESE SOURCES, THE FULL 990 WILL BE PRESENTED TO THE BOARD FOR APPROVAL PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | DIRECTORS ARE ASKED TO ABSTAIN FROM VOTING ON ANY MATTERS THAT MAY CAUSE A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CORPORATIONS'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C | THE BUDGET AND FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERVIEW OF THE EXTERNAL AUDIT. THIS PROCESS HAS NOT BEEN CHANGED FROM THE PRIOR YEAR. |
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