2024-04-12T11:46:53-05:00 2023-09-30 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-10-01 541318940 The Peanut Research Foundation PEAN 7038389500 1500 King St 301 Alexandria VA 22314 Richard Owen President 7038389500 2024-04-12 1 Richard Owen XXX-XX-XXXX 1 Yong Zhang CPA P01249785 7038930300 2024-04-02 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z Richard Owen 1500 King St 301 Alexandria VA 22314 932704 0 X www.peanutresearchfoundation.org X 1983 VA The promotion of research for the improvement of peanut industry technology. 17 17 0 17 0 0 827550 874900 13614 18883 6633 38921 0 0 847797 932704 598738 792390 0 0 0 80000 0 0 0 165761 127367 764499 999757 83298 -67053 2124577 2015782 167435 125693 1957142 1890089 X The Foundation's mission is the promotion of research for the improvement of peanut industry technology. 0 0 816483 792390 Research Grants - Peanut research, on behalf of all segments of the peanut industry, to reduce cost of production, create a safer product, improve quality, and improve health benefits. 18883 18883 Peanut Butter for the Hungry - An initiative of the peanut industry in the United States to help malnourished children in places where resources are limited. 17475 Winter Nursery - Breeding program conducted in Puerto Rico during the winter. Peanut Genome Initiative - A research program to map the genetic code of the peanut plant. There is no expense for this fiscal year. 852841 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 VA X Renee Deuell 7038389500 1500 King St STE 301 Alexandria VA 22314 X Jack Davis Chair 0.40 3.00 X X 0 0 0 Courtney Dorsett Vice Chair 0.40 0.00 X X 0 0 0 Chris Liebold Treasurer/At Large Dir 0.40 0.00 X X 0 0 0 Rachel Santos At Large Director 0.40 3.00 X 0 0 0 Donald Chase At Large Director 0.40 3.00 X 0 0 0 Lindsay Bashore At Large Director 0.40 0.00 X 0 0 0 Peggy Tsatsos At Large Director 0.40 0.00 X 0 0 0 George Birdsong At Large Director 0.40 0.00 X 0 0 0 Dan Ward At Large Director 0.40 0.00 X 0 0 0 Darlene Cowart At Large Director 0.40 3.00 X 0 0 0 William Pearce At Large Director 0.40 0.00 X 0 0 0 JR Cudd At Large Director 0.40 0.00 X 0 0 0 Collins McNeil APC Chair 0.40 3.00 X 0 0 0 Bob Parker Grower Caucus Rep 0.40 0.00 X 0 0 0 John Gray Sheller Caucus Rep 0.40 3.00 X 0 0 0 Jennifer Bencz Manufacturer Caucus Rep 0.40 0.00 X 0 0 0 Jon Moore Allied Caucus Rep 0.40 0.00 X 0 0 0 Steve Brown Executive Director 40.00 0.00 X 80000 0 0 80000 0 0 0 0 0 0 0 874900 874900 Peanut Butter for the 900099 18883 18883 18883 38921 38921 932704 18883 0 38921 791390 791390 1000 1000 80000 80000 100 100 9657 9657 38435 16000 22435 3351 3351 573 573 15926 15926 994 994 Winter Nursery 17475 17475 Other Expenses 17017 461 16556 Bad Debt Expense 13250 13250 Peanut Butter for the H 10589 10589 999757 852841 146916 0 338357 46141 1669220 1508141 117000 436500 0 25000 2124577 2015782 167435 125693 167435 125693 X 492108 447980 1465034 1442109 1957142 1890089 2124577 2015782 -67053 0 X X 0 1 X 1 0 X 591780 639300 689605 827550 874900 3623135 591780 639300 689605 827550 874900 3623135 1884420 1738715 4903 3772 2220 6633 38921 56449 5614 5614 3685198 49034 0.47180 0.86170 X Schedule A, Part II, Line 10, Explanation of Other Income: Other income - 2018 Amount: $ 0. 2019 Amount: $ 0. 2020 Amount: $ 0. 2021 Amount: $ 5,614. 2022 Amount: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1465034 763383 786308 1442109 1383495 716823 635284 1465034 1750024 566132 932661 1383495 1494550 517826 261812 1750564 1687807 399633 592890 1494550 1.00000 0 0 0 X 932704 0 932704 0 932704 999757 0 999757 0 999757 Part V, Line 4: The Foundation's endowment funds relate to donor restricted contributions that are designated for a specific purpose. Part X, Line 2: The Foundation is exempt from payment of taxes on income other than net unrelated business income under Section 501(c)(3) of the Internal Revenue Code. No tax expense is recorded in the accompanying financial statements for the years ended September 30, 2023 and 2022, as there were no significant unrelated business activities. Management evaluated the Foundation's tax positions, and has concluded that the Foundation has taken no uncertain tax positions that require either recognition or disclosure in the accompanying financial statements. 1 Hudson Alpha Institute for Biotechnology 601 Genome Way NW Huntsville AL 35806 432059317 501C3 46404 0 Research Lubbock Christian University 5601 19th St Lubbock TX 79407 750950119 501C3 35101 0 Research Mississippi State University 75 BS Hood Drive Mississippi State MS 39762 646000819 Govt 8577 0 Research North Carolina State University PO Box 7214 Raleigh NC 276957214 510436595 Govt 80281 0 Research Texas Agrilife Research PO Box 292 Stephenville TX 764010004 746000541 501C3 40440 0 Research The National Center for Genome Resources 2935 Rodeo Park Drive East Sante Fe NM 87505 850418280 501C3 86926 0 Research UGA Research Foundation 240A Riverbend Road Box 5333 Athens GA 30602 581353149 501C3 414252 0 Research University of Florida PO Box 117001 Gainesville FL 32611 596002052 Govt 5970 0 Research USDA ARS 1400 Independence Ave SW Washington DC 20250 720564834 Govt 70031 0 Research 9 0 Part I, Line 2: The organization ensures that the grant/assistance to U.S. entities are utilized for research related to the improvement of peanut industry technology. Form 990, Part VI, Section B, line 11b A draft of the form 990 is provided to the officers and board members for their review and approval prior to filing the return. Form 990, Part VI, Section B, line 12c The Board is annually provided a Conflict of Interest disclosure form at a board meeting, and asked to disclose any conflicts, sign and return to management. Form 990, Part VI, Section C, line 19 All governing documents, policies, and financial statements are available from the organization upon written request. Form 990, Part VII/IX: Officer's Compensation The Foundation does not have its own employees. Officer's compensation reported on Parts VII & IX is related to expenses paid to the Foundation's Executive Director for the management of the Foundation during the year. Form 990, Part XII, Line 2c The process has not changed from the prior year. The Board of Directors is responsible for the selection of the independent auditors and oversight of the independent audit. American Peanut Council 1500 King St STE 301 Alexandria VA 22314 530190322 Promote the use of U.S.grown peanuts VA 501(c)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0