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Maryland · Nonprofit

MARYLAND SOYBEAN BOARD

MARYLAND SOYBEAN BOARD (Maryland) receives grants from 1 organization whose IRS filings report $152,583 to it, the largest being MARYLAND GRAIN PRODUCERS UTILIZATION BOARD INC ($152,583). 1 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
1
Grants received
$153k
Net assets
$800k
1/1 repeat funderspeak grant-dependency 1%
01What it does

What Maryland Soybean Board does

Mission

To collect assessments and disburse the money collected to fund projects related to marketing, promotion of soybeans and new uses, soybean education, and soybean research to decrease production costs to farmers.

As stated on its FY2025 Form 990.

Programs

  1. Required by federal law to forward half the assessments collected to the united soybean board.

    $504,711 spent
    43% of program spending
  2. To fund in-state (maryland) soybean related research.

    $134,761 spent
    11% of program spending
  3. Promotion of soybeans at various fairs and meetings, educational programs on soybeans and their many uses, communication of board activities through news releases, newsletters, annual report, and social media.

    $534,325 spent
    46% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,173,797.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($845k) Expenses 100 ($856k) Net assets 100 ($160k)2021 Revenue 148 ($1.3M) Expenses 121 ($1.0M) Net assets 235 ($376k)2022 Revenue 205 ($1.7M) Expenses 168 ($1.4M) Net assets 419 ($670k)2023 Revenue 217 ($1.8M) Expenses 189 ($1.6M) Net assets 555 ($886k)2024 Revenue 177 ($1.5M) Expenses 168 ($1.4M) Net assets 592 ($946k)2025 Revenue 130 ($1.1M) Expenses 145 ($1.2M) Net assets 501 ($800k)
202020212022202320242025
Revenue (130)Expenses (145)Net assets (501)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $853k to $1.2M (+40%).

$272k
$513k
$853k
$1.2M
$1.1M
$1.0M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

−$11k
’20
$216k
’21
$294k
’22
$216k
’23
$60k
’24
−$146k
’25
9.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Eddie Boyle

Chairman

As listed on its FY2025 Form 990.

202020212022202320242025
Listed101010101110
Joined·+2+2+0+1+2
No longer listed·22003
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $32k → $21k.

Funder
'17
'18
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1

From the IRS filings of MARYLAND SOYBEAN BOARD’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of MARYLAND SOYBEAN BOARD's grant income comes from Maryland funders.

MD

In-state vs out-of-state, by year

’17
’18
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like MARYLAND SOYBEAN BOARD

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MD

Screen this organization

A dated, signed PDF of the compliance screen for MARYLAND SOYBEAN BOARD: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MARYLAND SOYBEAN BOARD?
MARYLAND SOYBEAN BOARD (Maryland) receives grants from 1 organization whose IRS filings report $152,583 to it, the largest being MARYLAND GRAIN PRODUCERS UTILIZATION BOARD INC ($152,583). 1 of them have funded it in more than one year.
How many funders does MARYLAND SOYBEAN BOARD have?
IRS filings report 1 organization giving $152,583 in grants to MARYLAND SOYBEAN BOARD, 1 of which have funded it in more than one year.
Who is the largest funder of MARYLAND SOYBEAN BOARD?
MARYLAND GRAIN PRODUCERS UTILIZATION BOARD INC is the largest funder on record, with $152,583 in grants. The full list of funders is on this page.
How can an organization like MARYLAND SOYBEAN BOARD find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing