American Soybean Association
EIN: 363264160 · Fargo, ND
| Metric | Value |
|---|---|
| Total Revenue | $602K |
| Total Expenses | $628K |
| Net Assets | $136K |
Is American Soybean Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American Soybean Association
American Soybean Association (EIN: 363264160) is a nonprofit organization based in Fargo, ND. The organization reported total revenue of $602K and total assets of $196K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Soybean Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Soybean Association is a small nonprofit that has been operating for 57 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $581K |
| Total Expenses | $628K |
| Surplus / Deficit | $-46,686 |
| Total Assets | $196K |
| Total Liabilities | $60K |
| Net Assets | $136K |
| Operating Margin | -8.0% |
| Debt-to-Asset Ratio | 30.5% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2024, American Soybean Association reported a deficit of $47K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 30.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), American Soybean Association's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.1% | +13.8% | -24.9% |
| 2023 | -4.9% | +0.3% | +1.0% |
| 2022 | +13.0% | +16.2% | +4.5% |
| 2021 | +0.9% | +2.6% | +7.3% |
| 2020 | -18.7% | -13.5% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Soybean Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Soybean Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.5%.
Frequently Asked Questions about American Soybean Association
Is American Soybean Association a legitimate charity?
American Soybean Association (EIN: 363264160) is a registered tax-exempt nonprofit based in North Dakota. It has 14 years of IRS 990 filings on record. Total revenue: $602K. No red flags identified. Financial health grade: B.
How does American Soybean Association spend its money?
American Soybean Association reported $602K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to American Soybean Association tax-deductible?
American Soybean Association is registered as a tax-exempt nonprofit (EIN: 363264160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Soybean Association located?
American Soybean Association is headquartered in Fargo, North Dakota and files with the IRS under EIN 363264160.
How many years of IRS 990 filings does American Soybean Association have?
American Soybean Association has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $602K in total revenue.
Filing History
IRS 990 filing history for American Soybean Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), American Soybean Association's revenue has grown by 166.7%, moving from $218K to $581K. Total assets increased by 17.2% over the same period, from $167K to $196K. Total functional expenses rose by 199.2%, from $210K to $628K. In its most recent filing year (2024), American Soybean Association reported a deficit of $47K, with expenses exceeding revenue. The organization holds $60K in liabilities against $196K in assets (debt-to-asset ratio: 30.5%), resulting in net assets of $136K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $581K | $628K | $196K | $60K | — | — |
| 2023 | $528K | $552K | $260K | $78K | — | View 990 |
| 2022 | $555K | $551K | $258K | $51K | — | View 990 |
| 2021 | $491K | $474K | $247K | $45K | — | View 990 |
| 2020 | $487K | $462K | $230K | $45K | — | View 990 |
| 2019 | $599K | $534K | $217K | $57K | — | View 990 |
| 2018 | $533K | $489K | $177K | $82K | — | View 990 |
| 2017 | $479K | $529K | $138K | $87K | — | View 990 |
| 2016 | $470K | $456K | $172K | $72K | — | View 990 |
| 2015 | $419K | $438K | $153K | $66K | — | View 990 |
| 2014 | $366K | $374K | $151K | $45K | — | View 990 |
| 2013 | $264K | $320K | $128K | $13K | — | View 990 |
| 2012 | $181K | $176K | $172K | $0 | — | View 990 |
| 2011 | $218K | $210K | $167K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $581K, expenses of $628K, and assets of $196K (revenue +10.1% year-over-year).
- 2023: Revenue of $528K, expenses of $552K, and assets of $260K (revenue -4.9% year-over-year).
- 2022: Revenue of $555K, expenses of $551K, and assets of $258K (revenue +13.0% year-over-year).
- 2021: Revenue of $491K, expenses of $474K, and assets of $247K (revenue +0.9% year-over-year).
- 2020: Revenue of $487K, expenses of $462K, and assets of $230K (revenue -18.7% year-over-year).
- 2019: Revenue of $599K, expenses of $534K, and assets of $217K (revenue +12.3% year-over-year).
- 2018: Revenue of $533K, expenses of $489K, and assets of $177K (revenue +11.3% year-over-year).
- 2017: Revenue of $479K, expenses of $529K, and assets of $138K (revenue +2.0% year-over-year).
- 2016: Revenue of $470K, expenses of $456K, and assets of $172K (revenue +12.2% year-over-year).
- 2015: Revenue of $419K, expenses of $438K, and assets of $153K (revenue +14.3% year-over-year).
- 2014: Revenue of $366K, expenses of $374K, and assets of $151K (revenue +38.5% year-over-year).
- 2013: Revenue of $264K, expenses of $320K, and assets of $128K (revenue +45.9% year-over-year).
- 2012: Revenue of $181K, expenses of $176K, and assets of $172K (revenue -16.8% year-over-year).
- 2011: Revenue of $218K, expenses of $210K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Soybean Association:
Data Sources and Methodology
This transparency report for American Soybean Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.