Soy for Life Foundation

Nonprofit profile at a glance

EIN
203785882
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Ankeny, IA, USA
Phone
5152518640
Rating confidence
Limited
Sector
Single Organization Support

Reported finances

Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • KIRK LEEDS (CEO)
  • BRENT SWART - END SEPT (PRESIDENT)
  • TOM ADAM (PRESIDENT)
  • LEE BROOKE (PRESIDENT ELECT)

People named in this filing

  • KIRK LEEDS (CEO)
  • STEVE MCGINNIS (CFO)
  • BRENT SWART - END SEPT (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization shall support the Iowa soybean association in its efforts to increase the utilization of soybean products by conducting scientific nutrition research into and providing education to the public regarding, the beneficial role of soy foods in human nutrition as part of a healthy lifestyle.

What it reported doing in 2024

Providing information and resources to help others incorporate the benefits of soy into healthy and enjoyable lifestyles.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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: 82
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -51.1% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -51.1% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -6.9% per year; rating input score 0; 48th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 1 of 1 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 7 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.