National Sorghum Producers Association
Nonprofit profile at a glance
- EIN
- 750972863
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Lubbock, TX, USA
- Phone
- 8067493478
- Rating confidence
- Limited
Reported finances
- Revenue
- $15,304,080
- Expenses
- $15,378,238
- Assets
- $3,125,010
- Liabilities
- $1,304,372
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- TIMOTHY LUST (CEO)
Highest reported compensation
- TIMOTHY LUST (CEO): $320,577 total reported compensation
- AMY FRANCE (CHAIRMAN): $9,000 total reported compensation
- CRAIG MEEKER (DIRECTOR): $6,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purposes of the association are to represent the grain sorghum producer and to develop programs and activities in its interest in the following fields:1) research and education: promulgate both public and private research in grain sorghum production, marketing, and utilization.2) market development: seek to develop and maintain domestic and foreign markets for grain sorghum, provided, however, that this association will not engage in the business of buying or selling grain sorghum or its products.3) service: do all other things that may seem reasonable and appropriate for improving the conditions under which grain sorghum is produced and marketed, including cooperation with departments and agencies of local, state, national, and international governments charged with any responsibilities relating to sorghum grain.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Grant-funded. 91% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 28
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 43rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.5%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.2; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 18.4% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 11.5% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 11 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $321K · 12 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $301K reported
- Consistency: 13 of 13 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 29/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.