NORTH CENTRAL SOYBEAN RESEARCH PROGRAM
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2025
$5,573,694
Contributions
62%
Program Services
37%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2025
$4,635,856
Fees to Service Providers
98%
Other
2%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$4,145,000
$3,445,000
-17%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,442,471
$2,076,152
+44%
Membership Dues
$0
$0
-
Investments
$42,156
$52,542
+25%
Other
$0
$0
-
Total Revenues
$5,629,627
$5,573,694
-1%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$5,397,889
$4,556,956
-16%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$3,028
$5,556
+83%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$87,654
$73,344
-16%
Total Expenses
$5,488,571
$4,635,856
-16%
Net income
2024
2025
Change
Net income
+$141,056
+$937,838
+565%
Functional Expenses
Summary
2024
2025
Change
Program
$5,200,073
$4,354,434
-16%
Admin
$288,498
$281,422
-2%
Fundraising
$0
$0
-
Total Expenses
$5,488,571
$4,635,856
-16%
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