ILLINOIS SOYBEAN GROWERS Charity Report

Public IRS 990 nonprofit record

ILLINOIS SOYBEAN GROWERS

EIN 23-7024061 · Education (B)

What they do

to SUPPORT PROMOTION and EDUCATIONAL PROGRAMS DESIGNED to INCREASE DEMAND for ILLINOIS SOYBEANS and ADMINISTER LEGISLATIVE and MEMBERSHIP PROGRAMS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.23%of revenue went to mission work77.7% of expenses · Program services

$109.75spent for every $100 of revenueSpending was higher than revenue this year.

24.52%of revenue went to management and office costs22.3% of expenses

$0.96in assets for every $1 spent this yearSome assets cannot be spent right away.

6.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $149,745 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,536,066

Mission workProgram services$1,309,14485.23% of revenue77.7% of expenses

ManagementOffice and general costs$376,66724.52% of revenue22.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,685,811109.75% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.7% mission · 22.3% management · 0.0% fundraisingTotal expenses: 109.75% of revenue

2023Expense mix: 73.2% mission · 26.8% management · 0.0% fundraisingTotal expenses: 108.33% of revenue

2022Expense mix: 83.1% mission · 16.9% management · 0.0% fundraisingTotal expenses: 87.61% of revenue

2021Expense mix: 92.1% mission · 7.9% management · 0.0% fundraisingTotal expenses: 96.14% of revenue

2020Expense mix: 87.8% mission · 12.2% management · 0.0% fundraisingTotal expenses: 74.88% of revenue

2019Expense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 67.71% of revenue

2018Expense mix: 92.0% mission · 8.0% management · 0.0% fundraisingTotal expenses: 73.83% of revenue

2017Expense mix: 0.0% mission · 9.5% management · 0.0% fundraisingTotal expenses: 73.56% of revenue

Money in and money out

Revenue$1,536,066

Expenses$1,685,811

Annual shortfall $149,745 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,309,144 · 77.7% of expenses

Management and office costs$376,667 · 22.3% of expenses

See all reported dollar amounts

Revenue$1,536,066

Expenses$1,685,811

Assets$1,613,602

Income$1,536,066

Contributions$94,748

Mission work (program services)$1,309,144

Management and general$376,667

Accounting fees$14,572

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (23)

JEFF OCONNORASST SEC/TREASURER

WESTON OLSONDIRECTOR

TIM SCATESTREASURER

TIM CLARKDIRECTOR

STEVE PITSTICKDIRECTOR

SCOTT GAFFNERSECRETARY

RYAN FRIEDERSDIRECTOR

RON KINDREDDIRECTOR

ROB SHAFFERDIRECTOR

MATT MURRAYDIRECTOR

MARK READDIRECTOR

JEFF PARKERDIRECTOR

BETSEY EMERICKDIRECTOR

HEATH HOUCKDIRECTOR

EMILY LOVELADYDIRECTOR

ELLIOTT UPHOFFDIRECTOR

DWAYNE ANDERSONDIRECTOR

DAVID WESSELDIRECTOR

BRYAN SEVERSCHAIRPERSON

BROCK WILLARDDIRECTOR

BRIAN ATTEBERRYDIRECTOR

BRADY HOLSTVICE CHAIRPERSON

BRAD DAUGHERTYDIRECTOR

About this charity

Recognized since: January 1969
Location: 1108 TRINITY LANE, BLOOMINGTON, IL 61704
County: McLean
In care of: JOHN LUMPE
Primary officer: JOHN LUMPE, CEO

How to reach them

WebsiteVisit the charity’s website Emailashley.barry@ilsoy.org Phone(309) 662-3373

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: STRIEGEL KNOBLOCH & COMPANY LLC
NTEE classification: Education (B)
IRS tax category: Education