World Soy Foundation

Nonprofit profile at a glance

EIN
260111954
IRS 990 coverage
2011–2014
Forms available
Form 990 2014
Location
St Louis, MO, USA
Phone
3145761770
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Public Health Program (Includes General Health and Wellness Promotion Services)

Official website

Reported finances

Revenue
$101,176
Expenses
$126,957
Assets
$15,181
Liabilities
$132,152

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • STEVE CENSKY (CEO - ASA)

Highest reported compensation

  • STEVE CENSKY (CEO - ASA): $341,663 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The objective of the foundation is to eradicate malnutrition worldwide by increasing the consumption of soy-based ingredients into already existing food sources where people need it most so they will have adequate nutrition to survive and thrive. As with food, nutrition education is made possible by working with private voluntary and non-governmental humanitarian organizations that implement programs on the ground in developing nations all the while researching and measuring the impact on the health and well-being of children and adults.

What it reported doing in 2014

The foundation has programs that feed and touch lives by providingnutrition and health through its efforts along with thecooperative efforts of other humanitarian organizations. Together, this collaboration has taken education and feeding programs fornutrition and health to all corners of the world. The foundationbelieves that soy can fight the malnutrition and hunger of theworld through programs such as the school lunch program in theafrican nations, meeting the nutritional needs of mothers andchildren in honduras and providing soy cows that turn wholesoybeans into soymilk, soy cheese, yogurt and other soyfoodproducts in villages around the world.

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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

MIXED - Most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 44
  • Accountability: 84
  • Sustainability: 8
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.8%; rating input score 43
  • Program expense ratio: 34.1%; rating input score 34
  • Fundraising efficiency: $3.45 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -25.5%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 8.71; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 29.1%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: -32.1% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -43.9% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 42.8% of revenue deployed · 34.1% of spending went to programs
  • Governance: 16 of 16 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $43K in reported program spending
  • Leadership: top reported pay $342K · 17 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 18 of 18 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 4 filing years from 2011 to 2014
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 34/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 16/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.