Maryland Soybean Board
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 943,086 | 993,307 | −50,221 | 2.1 | 7% |
| 2020 | 844,996 | 855,527 | −10,531 | 2.2 | 7% |
| 2021 | 1,254,325 | 1,038,467 | 215,858 | 4.3 | 0% |
| 2022 | 1,729,119 | 1,434,999 | 294,120 | 5.6 | 0% |
| 2023 | 1,836,520 | 1,620,208 | 216,312 | 6.6 | 0% |
In its most recent public year (2023), this organization brought in $216,312 more than it spent. Its reserves stood at about 6.6 months of spending, up from 2.1 in 2019. Staff pay was 0% 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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