2024-10-17T13:35:35-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2023-01-01 475349004 SOIL HEALTH INSTITUTE SOIL 9192300303 2803 SLATER ROAD 115 MORRISVILLE NC 27560 C WAYNE HONEYCUTT PRESIDENT/CEO 9192300343 2024-10-15 1 0 JOHN NORMAN P01506766 7049985200 2024-10-15 2023 2024-10-15 13:58:12Z C WAYNE HONEYCUTT 2803 SLATER ROAD 115 MORRISVILLE NC 27560 7598963 0 1 X HTTP://SOILHEALTHINSTITUTE.ORG X 2015 TX SAFEGUARD & ENHANCE THE VITALITY & PRODUCTIVITY OF SOIL THROUGH SCIENTIFIC RESEARCH & ADVANCEMENT. 18 18 48 0 0 0 5761001 7576129 0 0 1501 22787 0 47 5762502 7598963 373358 398882 0 0 2623972 4754837 0 0 224005 2250310 2317221 5247640 7470940 514862 128023 10552386 10529560 1387000 1236151 9165386 9293409 X THE SOIL HEALTH INSTITUTE IS A GLOBAL NON-PROFIT WITH A MISSION OF SAFEGUARDING AND ENHANCING THE VITALITY AND PRODUCTIVITY OF SOILS THROUGH SCIENTIFIC RESEARCH AND ADVANCEMENT. THE INSTITUTE BRINGS TOGETHER LEADERS IN SOIL HEALTH SCIENCE AND THE INDUSTRY TO CONDUCT RESEARCH AND EMPOWER FARMERS AND OTHER LANDOWNERS WITH THE KNOWLEDGE TO SUCCESSFULLY ADOPT REGENERATIVE SOIL HEALTH SYSTEMS THAT CONTRIBUTE ECONOMIC AND ENVIRONMENTAL BENEFITS TO AGRICULTURE AND SOCIETY. 0 0 6664330 398882 THE SOIL HEALTH INSTITUTE'S COMPREHENSIVE STRATEGY TO SAFEGUARD AND ENHANCE THE VITALITY AND PRODUCTIVITY OF SOIL EMPLOYS FOUR LEVERS OF CHANGE: BUSINESS CASE, MEASUREMENT, RESEARCH & DEVELOPMENT, AND EDUCATION & OUTREACH. WE COLLABORATE WITH FARMERS AND RANCHERS, ADVISORS, GOVERNMENT OFFICIALS, AND INDUSTRY PROFESSIONALS TO ENABLE STANDARDIZED, SCIENTIFICALLY CREDIBLE SOIL HEALTH DECISION MAKING AT SCALE. IN THE BUSINESS CASE, SHI PUBLISHED RESEARCH ON MORE THAN 160 NORTH AMERICAN FARMS THAT DEMONSTRATES LONG-TERM ADOPTION OF SOIL HEALTH SYSTEMS REDUCES COSTS, INCREASES NET INCOME, AND MITIGATES RISKS ACROSS CLIMATES AND PRODUCTION SYSTEMS. IN MEASUREMENT, SHI RECOMMENDED 3 ESSENTIAL SOIL HEALTH INDICATORS AND ESTABLISHED HOW HEALTHY SOILS CAN BECOME ON MORE THAN 7 MILLION ACRES OF CROPLAND SO FARMERS, ADVISORS, AND INDUSTRY CAN SET SOIL HEALTH GOALS AND TRACK PROGRESS. IN RESEARCH AND DEVELOPMENT, SHI IS DEVELOPING TOOLS TO MORE ACCURATELY MODEL AND MEASURE IMPROVEMENTS IN SOIL HEALTH, LIKE WATER STORAGE AND AVAILABILITY, CARBON STORAGE, GREENHOUSE GAS EMISSIONS, NUTRIENT AVAILABILITY, AND EROSION. IN EDUCATION, SHI ESTABLISHED AND CONDUCTED SOIL HEALTH EDUCATION PROGRAMS FOR FARMERS AND THEIR ADVISORS ACROSS 35 U.S. STATES AND THREE CANADIAN PROVINCES TO PROVIDE THEM WITH TOOLS, RESOURCES, AND INFORMATION THEY NEED TO SUCCESSFULLY ADOPT PROFITABLE, RESILIENT, AND ENVIRONMENTALLY SOUND REGENERATIVE SOIL HEALTH SYSTEMS. 6664330 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 48 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TX TX CA DC HI IL MI MS NM ND NC SC UT VA AL AK AR CO CT FL GA KS KY LA ME MD MA MN MO NV NH NJ NY OH OK OR PA RI TN WA WV WI X X STACY CARSON 9195042094 2803 SLATER ROAD SUITE 115 MORRISVILLE NC 27560 JASON WELLER DIRECTOR 1.00 X 0 0 0 WILLIAM BUCKNER DIRECTOR 1.00 X 0 0 0 WILLIAM G FLORY DIRECTOR 1.00 X 0 0 0 ROBERT FOSTER DIRECTOR 1.00 X 0 0 0 EARL GARBER DIRECTOR 1.00 X 0 0 0 DIANA JERKINS BOARD CHAIR 2.00 X X 0 0 0 BRUCE KNIGHT DIRECTOR 1.00 X 0 0 0 ANDREW W LAVIGNE DIRECTOR 1.00 X 0 0 0 CLARE LINDAHL DIRECTOR 1.00 X 0 0 0 KLAAS MARTENS DIRECTOR 1.00 X 0 0 0 NEAL P MARTIN DIRECTOR 1.00 X 0 0 0 V LARKIN MARTIN DIRECTOR 1.00 X 0 0 0 LARA BEAL MOODY PE DIRECTOR 1.00 X 0 0 0 JEFF MOYER DIRECTOR 1.00 X 0 0 0 SHARI ROGGE-FIDLER DIRECTOR 1.00 X 0 0 0 GREG RUEHL DIRECTOR 1.00 X 0 0 0 JAY VROOM DIRECTOR 1.00 X 0 0 0 WESLEY WOODS DIRECTOR 1.00 X 0 0 0 CHARLES WAYNE HONEYCUTT PRESIDENT/CEO 40.00 X 357912 0 19800 SHELDON JONES CHIEF OPERATING OFFICER 40.00 X 114191 0 25389 STACY CARSON CHIEF OPERATING OFFICER 40.00 X 46394 0 14664 CHRISTINE MORGAN CHIEF SCIENTIFIC OFFICER 40.00 X 260445 0 16868 WILLIAM FLANDERS ECONOMIST 40.00 X 125467 0 23121 EMILY BRUNER CHIEF OF STAFF 40.00 X 122537 0 35530 OMNIAS WHITE CONTROLLER 40.00 X 119957 0 46656 DIANNA BAGNALL RESEARCH SOIL SCIENTIST 40.00 X 116172 0 19075 1263075 0 201103 10 0 1 0 MICHAEL COPE 4600 UNIVERSITY DRIVE APT 515 DURHAM NC 27707 DATA ARCHITECTURE 121000 1 7576129 7576129 22787 22787 MISCELLANEOUS 900099 47 47 47 7598963 0 0 22834 X 398882 398882 778942 778942 3690116 3271899 228628 189589 285779 179488 100258 6033 57897 43076 13151 1670 81106 50940 28454 1712 792349 740735 48684 2930 182157 147644 32554 1959 128547 119598 8401 548 369249 321117 43614 4518 94791 59535 33255 2001 399688 390875 4590 4223 68803 48290 19087 1426 59959 42500 16468 991 REGISTRATIONS 59721 51899 2425 5397 MISCELLANEOUS 12618 9911 2554 153 DUES/SUBSCRIPTIONS 10336 8999 482 855 7470940 6664330 582605 224005 6458298 4241165 3790021 5964760 16787 12554 44498 116775 121274 36235 51196 85039 191586 109267 10552386 10529560 858728 693465 528272 542686 1387000 1236151 X 2192008 1870690 6973378 7422719 9165386 9293409 10552386 10529560 128023 0 X 0 1 X 1 1 1 X 9966774 10643700 15101382 5761001 7576129 49048986 9966774 10643700 15101382 5761001 7576129 49048986 19575068 29473918 5045 9391 433 1501 22787 39157 1000 47 1047 49089190 0.60040 0.59690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 121274 36235 85039 85039 X 7598963 0 7598963 0 7598963 7470940 0 7470940 0 7470940 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS NOT A PRIVATE FOUNDATION. ACCORDINGLY, NO INCOME TAXES HAVE BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY THE PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE ORGANIZATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT DECEMBER 31, 2023. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE ORGANIZATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023. 1 NORTH AMERICA 0 1 PROGRAM SERVICES EDUCATION PROGRAM TO SUPPORT THE ADOPTION OF REGENERATIVE SOIL HEALTH SYSTEMS FOR POTATOES 211782 0 1 0 0 0 1 211782 0 211782 0 0 0 0 0 0 PART I, LINE 2: WE HAVE ONE STAFF MEMBER THAT LIVES OUTSIDE OF THE US. THAT PERSON WORKS CLOSELY WITH OUR PRESIDENT AND CHIEF SCIENCE OFFICER ON PROGRAMMATIC MATTERS. ALL RECORDS ARE MAINTAINED AT HEADQUARTERS. 1 UNIVERSITY OF NEBRASKA-LINCOLN 1400 R STREET LINCOLN NE 68588 270718233 133329 0 SUBAWARD TO DEVELOP DEEPC PENETROMETER AND ASSOCIATED SAMPLING ALGORITHMS ECOSYSTEMS SERVICES MARKET CONSORTIUM 3426 GREENTREE DRIVE FALLS CHURCH VA 22041 861877472 86059 0 IMPLEMENT SOIL HEALTH, GREENHOUSE GAS, AND WATER ELEMENTS OF THE ECOSYSTEM SERVICES MARKET PROGRAM THROUGH ESTABLISHED RELATIONSHIPS WITH PARTNERS AND EXPERIENCE WORKING WITH AGRICULTURAL PRODUCERS TEXAS PEST MANAGEMENT 6212 PRIVATE ROAD 6470 LUBBOCK TX 79416 751573936 28000 0 TO SUPPORT THE DEVELOPMENT OF EDUCATIONAL MATERIALS FOR FARMERS AND THEIR ADVISORS ON COVER CROPPING STRATEGIES TO MANAGE WEEDS IN THE SOUTHCENTRAL/SOUTHEASTERN UNITED STATES NATIONAL ASSOCIATION OF CONSERVATION DISTRICTS 509 CAPITOL COURT NE WASHINGTON DC 20002 741162773 13593 0 TO SUPPORT THE PROMOTION OF RESPONSIBLE MANAGEMENT AND CONSERVATION OF NATURAL RESOURCES OF ALL LANDS 3 1 PART I, LINE 2: SHI HAS AWARDED FEDERAL SUBAWARDS. ALL REPORTING REQUIREMENTS IMPOSED ON SHI HAVE BEEN IMPOSED ON SUBS. WE REQUIRE QUARTERLY FINANCIAL AND PROGRAMMATIC REPORTS AND REQUIRE RETENTION OF RECORDS SHOULD A DIRECT EXAMINATION BE DEEMED NECESSARY. 1 X X X X 0 0 0 0 0 0 0 0 0 CHARLES WAYNE HONEYCUTT PRESIDENT/CEO 338112 0 0 0 19800 0 19800 0 0 0 377712 0 0 0 CHRISTINE MORGAN CHIEF SCIENTIFIC OFFICER 260445 0 0 0 0 0 16868 0 0 0 277313 0 0 0 OMNIAS WHITE CONTROLLER 119957 0 0 0 0 0 46656 0 0 0 166613 0 0 0 EMILY BRUNER CHIEF OF STAFF 122537 0 0 0 0 0 35530 0 0 0 158067 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS IS REQUIRED TO ELECT AND MAINTAIN AN EXECUTIVE COMMITTEE COMPRISED OF THE BOARD CHAIRPERSON, THE PRESIDENT/CEO (NON-VOTING), AND FOUR AT LARGE MEMBERS ELECTED BY THE BOARD FROM ITS MEMBERSHIP. THE EXECUTIVE COMMITTEE ALSO MUST INCLUDE ONE FOUNDER DIRECTOR. THE EXECUTIVE COMMITTEE MAY NOT SINGULARLY REPRESENT ANY ONE CATEGORY OF THE BOARD OF DIRECTORS (I.E., PRODUCERS, SCIENCE AND TECHNOLOGY). BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO ORDINARILY RESERVED FOR THE FULL BOARD. HOWEVER, THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO PERFORM THE FOLLOWING ACTIONS: - AMEND OR REPEAL THE CERTIFICATE OF FORMATION - AMEND OR REPEAL THE CORPORATE BYLAWS - EMPLOY OR AUTHORIZE THE EMPLOYMENT OF AN OFFICER - REMOVE ANY OFFICER FROM OFFICE - AUTHORIZE THE VOLUNTARY DISSOLUTION OF THE INSTITUTE - AUTHORIZE THE SALE, LEASE OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE INSTITUTE - AMEND, ALTER OR REPEAL ANY RESOLUTION OF THE BOARD WHICH, BY ITS TERMS, PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED BY, OR REPEALED BY THE EXECUTIVE COMMITTEE FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE DRAFT 990 AND PROVIDES COMMENTS/DISCUSSES WITH CLA. THE FINAL 'DRAFT' DOCUMENT IS REVIEWED WITH THE AUDIT COMMITTEE IN A MEETING/DISCUSSION LED BY CLA. UPON AUDIT COMMITTEE APPROVAL, THE DOCUMENT IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS AT LEAST 2 WEEKS PRIOR TO THE FULL BOARD MEETING. AT THE BOARD MEETING, THE 990 IS PRESENTED BY THE AUDIT COMMITEE, LED BY THE COMMITTEE CHAIR. FOLLOWING DISCUSSIONS, BOARD APPROVAL IS GAINED. THE APPROVED 990 IS PREPARED FOR, AND SIGNED BY AUTHORIZED SIGNER(S) AND SUBMITTED ELECTRONICALLY TO THE IRS BY CLA. FORM 990, PART VI, SECTION B, LINE 12C ALL POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED ANNUALLY BY ALL DIRECTORS, OFFICERS OR KEY EMPLOYEES AS DETAILED IN THE CONFLICT OF INTEREST AND 990 DISCLOSURE QUESTIONNAIRE. ANY POTENTIAL CONFLICTS OF INTEREST ARE INVESTIGATED AND DISCUSSED BY THE BOARD TO DETERMINE IF AN ALTERNATIVE AGREEMENT CAN BE MADE WITH ANOTHER ENTITY THAT WOULD NOT RESULT IN A CONFLICT OF INTEREST. IF IT IS DETERMINED THAT A CONFLICT WAS NOT REPORTED, THE BOARD WILL PERFORM A REVIEW AND DETERMINE CORRECTIVE/DISCIPLINARY MEASURES. ALL PROCEEDINGS, INCLUDING DISCLOSURE OF THE CONFLICT OF INTEREST, THE REPORTING PARTY, DELIBERATIONS BY THE BOARD AND ALL VOTES WILL BE DETAILED IN THE BOARD MINUTES. SEE THE CONFLICT OF INTEREST AND 990 DISCLOSURE QUESTIONNAIRE FOR FURTHER INFORMATION. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT/CEO COMPENSATION WAS DETERMINED AFTER DISCUSSIONS AND INPUT FROM THE SHI BOARD OF DIRECTORS WITH DATA PROVIDED BY THE OUTSIDE EXECUTIVE SEARCH FIRM WHO ASSISTED WITH HIRING THE POSITION. THE BOARD OF DIRECTORS REVIEW THE PRESIDENT/CEO SALARY ON AN ANNUAL BASIS. A SALARY AND COMPENSATION STUDY WAS CONDUCTED IN 2022 BY TRINET COMPENSATION CONSULTING USING NAICS DATA WHICH SUPPORTED THE THEN CURRENT COMPENSATION LEVELS FOR SHI EXECUTIVES AND OFFICERS. THE REMAINING OFFICERS' SALARY AND COMPENSATION WAS ALSO DETERMINED BASED ON BOARD OF DIRECTOR INPUT UTILIZING THE SERVICES OF AN OUTSIDE EXECUTIVE SEARCH FIRM. A SALARY AND COMPENSATION STUDY WAS CONDUCTED IN 2022 BY TRINET COMPENSATION CONSULTING USING NAICS DATA WHICH SUPPORTED THE THEN CURRENT COMPENSATION LEVELS FOR SHI EXECUTIVES AND OFFICERS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND PROVIDED TO POTENTIAL DONORS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL AND CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 740,735. MANAGEMENT AND GENERAL EXPENSES 48,684. FUNDRAISING EXPENSES 2,930. TOTAL EXPENSES 792,349.