Mission
TO PROMOTE AND STIMULATE TEH INCREASED USE AND SALE OF SOYBEANS AND SOYBEAN PRODUCTS.
Public Charity
KENTUCKY SOYBEAN PROMOTION BOARD INC
KENTUCKY SOYBEAN PROMOTION BOARD INC is a nonprofit organization categorized as Public Charity based in PRINCETON, KY. Its most recent IRS filing (2024) reports revenue of $3.5M, expenses of $2.7M, total assets of $9.0M.
EIN: 611400681
PRINCETON, KY
Agricultural Programs
NTEE: K20
Latest filing: 2024
Total Revenue$3.5M
Total Expenses$2.7M
Total Assets$9.0M
Grant Records0
Filing Years2019–2024
Where $100 goes at Kentucky Soybean Promotion Board Inc
How Kentucky Soybean Promotion Board Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$91
Programs
the work itself
$9
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $91 for programs
$91
The soybean promotion research and consumer information act approved november 28, 1990 authorized the estaglishment of national industry funded soybean promotion and research
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR
Adam Hendricks
DIRECTOR
Allen Pace
DIRECTOR
Andrea Williford
DIRECTOR
Barry Alexander
DIRECTOR
Brent Gatton
DIRECTOR
Caleb Ragland
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.5M | $2.7M | $9.0M |
| 2023 | $3.6M | $2.2M | $8.2M |
| 2021 | $2.7M | $1.7M | $5.8M |
| 2020 | $1.7M | $2.1M | $4.8M |
| 2019 | $2.1M | $2.2M | $5.1M |
Between 2019 and 2024, reported annual revenue grew from $2.1M to $3.5M (+66%), with total assets most recently reported at $9.0M.
Interactive year-over-year charts and full filing details available with membership.