2025-07-25T09:29:45-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2024-01-01 475349004 SOIL HEALTH INSTITUTE SOIL 9192300303 2803 SLATER ROAD 115 MORRISVILLE NC 27560 C WAYNE HONEYCUTT PRESIDENT/CEO 9192300343 2025-07-15 1 1 KATHRINE A WARLICK P02065266 7049985200 2025-07-15 2024 2025-03-06 01:10:19Z C WAYNE HONEYCUTT 2803 SLATER ROAD 115 MORRISVILLE NC 27560 5791661 0 X HTTP://SOILHEALTHINSTITUTE.ORG X 2015 TX SAFEGUARD & ENHANCE THE VITALITY & PRODUCTIVITY OF SOIL THROUGH SCIENTIFIC RESEARCH & ADVANCEMENT. 11 11 56 11 0 0 7576129 5690004 0 0 22787 85856 47 15801 7598963 5791661 398882 178766 0 0 4754837 5289962 0 0 126656 2317221 2237322 7470940 7706050 128023 -1914389 10529560 8258093 1236151 879073 9293409 7379020 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 7058198 178766 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 19 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. 7058198 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 21 0 1 56 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 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 2083 SLATER ROAD SUITE 115 MORRISVILLE NC 27560 DIANA JERKINS BOARD CHAIR 2.00 X X 0 0 0 V LARKIN MARTIN DIRECTOR 1.00 X 0 0 0 DEVON LEAHY DIRECTOR 1.00 X 0 0 0 MARQUITRICE MANGHAM DIRECTOR 1.00 X 0 0 0 ROBERT MYERS DIRECTOR 1.00 X 0 0 0 LAKISHA ODOM DIRECTOR 1.00 X 0 0 0 MEGAN ROCK DIRECTOR 1.00 X 0 0 0 KAREN SCANLON DIRECTOR 1.00 X 0 0 0 RYAN SIROLLI DIRECTOR 1.00 X 0 0 0 ANDREW SMITH DIRECTOR 1.00 X 0 0 0 JASON WELLER DIRECTOR 1.00 X 0 0 0 JAMES BAXTER DIRECTOR (THRU 12/24) 1.00 X 0 0 0 MEREDITH ELLIS DIRECTOR (THRU 12/24) 1.00 X 0 0 0 CHARLES WAYNE HONEYCUTT PRESIDENT/CEO 40.00 X 361959 0 20700 STACY CARSON CHIEF OPERATING OFFICER 40.00 X 182419 0 48825 BYRON RATH CHIEF IMPACT OFFICER 40.00 X 104226 0 15863 CHRISTINE MORGAN CHIEF SCIENTIFIC OFFICER 40.00 X 281641 0 16954 WILLIAM FLANDERS ECONOMIST 40.00 X 125900 0 20009 EMILY BRUNER CHIEF OF STAFF 40.00 X 120775 0 33392 ELIZABETH RIEKE PROGRAM DIRECTOR 40.00 X 119217 0 7153 DIANNA BAGNALL PROGRAM DIRECTOR 40.00 X 116852 0 18113 JASON ACKERSON PROGRAM DIRECTOR 40.00 X 113893 0 6834 1526882 0 187843 11 0 1 0 RIVERS AGENCY 601 W ROSEMARY ST SPACE 108 CHAPEL HILL NC 27516 COMMUNICATIONS 166103 FARM JOURNAL INC 1818 MARKET ST FLOOR 31 PHILADELPHIA PA 19103 SURVEY RESEARCH 137850 AMERICAN AGRICULTURAL LABORATORY 700 W D ST MCCOOK NE 69001 SOIL ANALYSIS 115418 TRINET ONE PARK PLACE SUITE 600 DUBLIN CA 94568 PEO 110423 4 2591556 3098448 5690004 85856 85856 MISCELLANEOUS 900099 15801 15801 15801 5791661 0 0 101657 X 178766 178766 1032587 1032587 3383876 3266582 13959 103335 162647 94714 65189 2744 394396 257306 131553 5537 316456 218060 94422 3974 31097 21428 9278 391 47132 32477 14063 592 893360 856736 35145 1479 187139 148872 36721 1546 110792 106229 4044 519 278265 208771 66071 3423 100560 69293 30004 1263 431249 427244 3181 824 83122 78506 4152 464 24251 24251 32064 22094 9567 403 MISCELLANEOUS 18291 14282 3847 162 7706050 7058198 521196 126656 4241165 4148276 5964760 3717861 12554 83742 116775 134597 121274 60486 85039 60788 109267 112829 10529560 8258093 693465 660052 542686 219021 1236151 879073 X 1870690 1928185 7422719 5450835 9293409 7379020 10529560 8258093 -1914389 0 X 0 1 X 1 1 1 X 10643700 15101382 5761001 7576129 5690004 44772216 10643700 15101382 5761001 7576129 5690004 44772216 11590922 33181294 9391 433 1501 22787 85856 119968 1000 47 15801 16848 44909032 0.73890 0.60040 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 1,000. 2023 AMOUNT: $ 47. 2024 AMOUNT: $ 15,801. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 121274 60486 60788 60788 X 5791661 0 5791661 0 5791661 7706050 0 7706050 0 7706050 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, 2024. 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, 2024. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 1 PROGRAM SERVICES EDUCATION PROGRAM TO SUPPORT THE ADOPTION OF REGENERATIVE SOIL HEALTH SYSTEMS FOR POTATOES 17311 0 1 0 0 0 1 17311 0 17311 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 FLORIDA PO BOX 113201 GAINESVILLE FL 32611 596002052 501(C)(3) 49307 0 SUBAWARD FOR DSSAT MODEL DEVELOPMENT AND SIMULATION GUIDANCE YARD STICK 58 PARK AVE CAMBRIDGE MA 02138 861194464 99349 0 SUBAWARD TO DEVELOP DEEPC PORTABLE DEVICE 1 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. X X X X 0 0 0 0 0 0 0 0 0 CHARLES WAYNE HONEYCUTT PRESIDENT/CEO 331476 0 0 0 30483 0 20700 0 0 0 382659 0 0 0 CHRISTINE MORGAN CHIEF SCIENTIFIC OFFICER 261862 0 0 0 19779 0 16954 0 0 0 298595 0 0 0 STACY CARSON CHIEF OPERATING OFFICER 170624 0 0 0 11795 0 11795 0 37030 0 231244 0 0 0 EMILY BRUNER CHIEF OF STAFF 97775 0 0 0 23000 0 7367 0 26025 0 154167 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 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. 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 856,736. MANAGEMENT AND GENERAL EXPENSES 35,145. FUNDRAISING EXPENSES 1,479. TOTAL EXPENSES 893,360.