National Sorghum Producers Association
- Assets
- $2.2m
- Revenue
- $2.1m
- Investments
- $1.9m
- Employees
- 35
- Location
- Lubbock, TX
- Founding
- 10/1957
- Data as of
- 09/2023
- EIN
- 75-0972863
Organization Overview
National Sorghum Producers Association is located in Lubbock, TX. The organization was established in 1957. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, National Sorghum Producers Association employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Sorghum Producers Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2023, National Sorghum Producers Association generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $1.8m during the year ending 09/2023. While expenses have increased by 5.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES OF THE ASSOCIATION ARE TO REPRESENT AND ASSIST GRAIN SORGHUM PRODUCERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDED AND/OR SPONSORED AN ANNUAL CONVENTION, AN ANNUAL YIELD CONTEST, LEGISLATIVE AWARENESS, AND ONGOING PROMOTION, EDUCATION, AND RESEARCH PROJECTS FOR THE GRAIN SORGHUM INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Meeker Chairman | OfficerTrustee | 1 | $0 |
Amy France Vice Chairman | OfficerTrustee | 1 | $0 |
Kody Carson Director | Trustee | 1 | $0 |
Danny Beyer Director | Trustee | 1 | $0 |
Doug Keesling Director | Trustee | 1 | $0 |
Larry Richardson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Combest Sell & Associates Llc Retainer For Lobbying | 9/29/23 | $159,500 |
Cornerstone Government Affairs Retainer For Lobbying | 9/29/23 | $143,650 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $60 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $349,234 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,366 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $414,660 |
| Total Program Service Revenue | $872,695 |
| Investment income | $475 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $42,363 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,070,417 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $275,812 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $233,698 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,074 |
| Payroll taxes | $28,807 |
| Fees for services: Management | $16,114 |
| Fees for services: Legal | $12,791 |
| Fees for services: Accounting | $14,050 |
| Fees for services: Lobbying | $303,150 |
| Fees for services: Fundraising | $20,204 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,116 |
| Office expenses | $13,472 |
| Information technology | $5,166 |
| Royalties | $0 |
| Occupancy | $48,065 |
| Travel | $33,904 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $191,689 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,604 |
| All other expenses | $61,594 |
| Total functional expenses | $1,816,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,913 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $40,283 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,664 |
| Net Land, buildings, and equipment | $245,833 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,855,671 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,194,364 |
| Accounts payable and accrued expenses | $261,808 |
| Grants payable | $0 |
| Deferred revenue | $30,169 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $80,689 |
| Other liabilities | $38,615 |
| Total liabilities | $411,281 |
| Net assets without donor restrictions | $1,783,083 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,194,364 |