South Dakota Soybean Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 377,982 | 358,084 | 19,898 | 17.9 | 17% |
| 2021 | 455,544 | 361,915 | 93,629 | 20.9 | 6% |
| 2022 | 618,781 | 522,789 | 95,992 | 16.6 | 9% |
| 2023 | 726,551 | 672,290 | 54,261 | 13.9 | 9% |
In its most recent public year (2023), this organization brought in $54,261 more than it spent. Its reserves stood at about 13.9 months of spending, down from 17.9 in 2020. Staff pay was 9% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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