Fertile Soils Fund Inc

Nonprofit profile at a glance

EIN
932667820
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-N 2024
Location
Manhattan, KS, USA
Phone
3033047729
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and Public Policy Analysis

Official website

Reported finances

Revenue
$37,500
Expenses
$26,133
Assets
$12,969
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Highest reported compensation

  • THOMAS PRAY (EXECUTIVE DI): $7,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We help partner farmers afford balanced, pollution-mitigated fertilizer (additional to what is needed for the current year's crop yield), turning last year's residues into deep resistant soil organic carbon for healthier, more secure farm soils (therefore food supply) and planet. We aim to positively change american farming, turning this research-backed strategy into widely acknowledged best practice.

What it reported doing in 2025

We applied our research-based model at eight program sites (partner farmer fields), totaling 382 acres. Total program expenses include 17,368 for direct fertilizer procurement and 7,200 for design and coordination by our executive director, acting in the capacity of lead scientist and scientific project supervisor (or similar contracted work). Nutrient ratios were calculated to ensure they balanced with the amount of residue from the previous harvest-therefore not polluting-and were converted into microbial biomass and thus deep resistant soil organic carbon (soc). We calculated an addition of 114 tons of soc total added to the program sites (equaling 419 tons of co2 kept from returning to the atmosphere). We also calculated, from information given by our partner farmers and their agronomists that these nutrients were in addition to what the farmer paid to ensure that year's crop yield. Fsf paid for additional fertilizer that our partner farmers couldn't afford and would not have been purchased by them (or by other similar farmers). Our fertilizer purchases led directly to soil building and were not incorporated by plants into grain. We purchased fertilizer directly from local agricultural co-ops and fertilizer supply companies for delivery to our partner farmers, thus ensuring fiscal transparency and providing superior governance over traditional reimbursement programs. Purchase and application of such low-margin commodities preferentially benefits local labor, aiding the rural economies we worked in.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.4%; rating input score 66
  • Program expense ratio: 95.3%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 30.3%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 27.6%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 43.5% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 65.9% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 156% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 66.4% of revenue deployed · 95.3% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $25K in reported program spending
  • Leadership: top reported pay $7K · 7 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.