Civic Intelligence

Texas Rice Improvement Association

990 • Fiscal year 2018 • EIN 74-1242104

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 29, 2019

1509 Aggie DrBeaumont, TX 77713

(409) 752-5221

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

61st percentile

7.3%

Higher net margin than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

39th percentile

$26,963

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

50th percentile

0.9%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-1.7%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,106,575

Up $10,405 (+0.9%) from 2017

Net Assets

Up

$1,103,851

Up $11,229 (+1.0%) from 2017

Liabilities

Down

$2,724

Down $824 (-23%) from 2017

Revenue

Down

$339,956

Down $5,828 (-1.7%) from 2017

Expenses

Down

$314,978

Down $93,294 (-23%) from 2017

Net Income

Up

$24,978

Up $87,466 (+140%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $617,036Liabilities 2011: $11,381Net Assets 2011: $605,6552011Assets 2012: $579,783Liabilities 2012: $12,963Net Assets 2012: $566,8202012Assets 2013: $832,007Liabilities 2013: $10,508Net Assets 2013: $821,4992013Assets 2014: $1,216,001Liabilities 2014: $9,490Net Assets 2014: $1,206,5112014Assets 2015: $1,209,247Liabilities 2015: $13,189Net Assets 2015: $1,196,0582015Assets 2016: $1,166,306Liabilities 2016: $11,196Net Assets 2016: $1,155,1102016Assets 2017: $1,096,170Liabilities 2017: $3,548Net Assets 2017: $1,092,6222017Assets 2018: $1,106,575Liabilities 2018: $2,724Net Assets 2018: $1,103,8512018Assets 2019: $1,012,702Liabilities 2019: $2,212Net Assets 2019: $1,010,4902019Assets 2020: $934,271Liabilities 2020: $2,467Net Assets 2020: $931,8042020Assets 2021: $803,897Liabilities 2021: $3,516Net Assets 2021: $800,3812021Assets 2022: $859,107Liabilities 2022: $31Net Assets 2022: $859,0762022Assets 2023: $930,334Liabilities 2023: $2,503Net Assets 2023: $927,8312023Assets 2024: $909,128Liabilities 2024: $2,709Net Assets 2024: $906,4192024

Highlighted filing

2018

Assets$1,106,575
Liabilities$2,724
Net Assets$1,103,851

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $354,856Expenses 2011: $422,700Net Income 2011: -$67,8442011Revenue 2012: $379,546Expenses 2012: $418,382Net Income 2012: -$38,8362012Revenue 2013: $584,867Expenses 2013: $330,188Net Income 2013: $254,6792013Revenue 2014: $928,334Expenses 2014: $543,322Net Income 2014: $385,0122014Revenue 2015: $402,126Expenses 2015: $412,579Net Income 2015: -$10,4532015Revenue 2016: $455,604Expenses 2016: $496,553Net Income 2016: -$40,9492016Revenue 2017: $345,784Expenses 2017: $408,272Net Income 2017: -$62,4882017Revenue 2018: $339,956Expenses 2018: $314,978Net Income 2018: $24,9782018Revenue 2019: $295,000Expenses 2019: $388,360Net Income 2019: -$93,3602019Revenue 2020: $294,936Expenses 2020: $373,622Net Income 2020: -$78,6862020Revenue 2021: $312,242Expenses 2021: $443,664Net Income 2021: -$131,4222021Revenue 2022: $440,365Expenses 2022: $381,670Net Income 2022: $58,6952022Revenue 2023: $239,122Expenses 2023: $170,367Net Income 2023: $68,7552023Revenue 2024: $162,678Expenses 2024: $184,091Net Income 2024: -$21,4132024

Highlighted filing

2018

Revenue$339,956
Expenses$314,978
Net Income$24,978
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 29, 2019
Return Version
2018v3.1
Gross Receipts
$339,956
Mission and Program Overview

Mission

AGRICULTURAL RESEARCH

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,092,622$1,103,851▲ $11,229
Cash and Non-Interest-Bearing Accounts$544,480$612,889▲ $68,409
Land, Buildings, and Equipment, Net$484,790$449,361▼ $35,429
Accounts Receivable$1,500$22,425▲ $20,925
Inventories for Sale or Use$65,400$21,900▼ $43,500
Total Assets$1,096,170$1,106,575▲ $10,405
Liabilities
Other Liabilities$3,425$2,693▼ $732
Grants Payable$123$31▼ $92
Total Liabilities$3,548$2,724▼ $824
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,092,622$1,103,851▲ $11,229
Total Liabilities and Net Assets / Fund Balance$1,096,170$1,106,575▲ $10,405

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,973,435-$1,973,435
Land$237,732-$237,732
Equipment$-1,761,806$1,761,806-
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jennifer AbshireSecr/treas$26,963$26,963

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$110
Program Service Revenue
$243,003
Investment Income
$2,270
Other Revenue
$94,573
Change in Net Assets
$24,978
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$202,003
Salaries, Compensation, and Employee Benefits$112,975
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$104,719--$104,719
Insurance$43,737--$43,737
Depreciation Depletion$36,678--$36,678
All Other Expenses$33,924--$33,924
Fees for Services Management$26,963--$26,963
Other Expenses$9,034--$9,034
Payroll Taxes$8,256--$8,256
Fees for Services Legal-$6,563-$6,563
Advertising$857--$857
Total Functional Expenses$308,415$6,563$0$314,978
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$2,693
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Organization's process used to review from 990 the president, vice president and secretary/treasurer will review before filing and the return is made available to all board memebers

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Texas Rice Improvement Association
EIN
74-1242104
Phone
4097525221
Address
1509 AGGIE DR, BEAUMONT, TX 77713

Signing Officer

Name
Jennifer Abshire
Title
Secr/treas
Signed
2019-07-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Abshire
Formed
1952
Legal Domicile
TX
Voting Board Members
17
Independent Board Members
17
Employees
7

Preparer

Firm
FMW PC CPA'S
Address
1150 NORTH ELEVENTH STREET, BEAUMONT, TX 77702-1207
Preparer
Terry S Whiddon CPA
Phone
4098383755
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Producing foundation seed

Form 990, Part IX, Line 24E

Air service 8,733 0 0 fellowships 6,884 0 0 certifications/tags 5,618 0 0 sacks 3,735 0 0 office repairs 1,950 0 0 land lease 1,700 0 0 misc production 1,492 0 0 office supplies 1,472 0 0 freight 1,090 0 0 royalties seed 660 0 0 miscellaneous 352 0 0 supplies 190 0 0 bank service charges 48 0 0 total 33,924 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference -13,749

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36690
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PRODUCING FOUNDATION SEED
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011135
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0911
IRS990/PYOtherExpensesAmt0221479
IRS990/PYOtherRevenueAmt049004
IRS990/PYProgramServiceRevenueAmt0284734
IRS990/PYRevenuesLessExpensesAmt0-62488
IRS990/PYSalariesCompEmpBnftPaidAmt0186793
IRS990/PYTotalExpensesAmt0408272
IRS990/PYTotalRevenueAmt0345784
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt024978
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0243003
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01092622
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01103851
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0110
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt024582
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0290
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0369
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt036486
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02270
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0911
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt047886
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt044730
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0386278
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0482075
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0339846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0334649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0407956
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0357106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0541407
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01980964
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0911
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt047886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt044730
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0386278
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0482075
IRS990ScheduleA/InvestmentIncomeCYPct00.19000
IRS990ScheduleA/InvestmentIncomePYPct00.28000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.55140
IRS990ScheduleA/PublicSupportPY509Pct00.48690
IRS990ScheduleA/PublicSupportTotal509Amt01378192
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0169534
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0166584
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0198074
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0105066
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0639258
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0169534
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0166584
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0198074
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0105066
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0639258
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0339956
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0345784
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0432538
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0357396
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0541776
IRS990ScheduleA/Total509Grp/TotalAmt02017450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0342226
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0346695
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0480424
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0402126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0928054
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02499525
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-1761806
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01761806
IRS990ScheduleD/LandGrp/BookValueAmt0237732
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0237732
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01973435
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01973435
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02693
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0449361
IRS990ScheduleD/TotalLiabilityAmt02693
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRODUCING FOUNDATION SEED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS USED TO REVIEW FROM 990 THE PRESIDENT, VICE PRESIDENT AND SECRETARY/TREASURER WILL REVIEW BEFORE FILING AND THE RETURN IS MADE AVAILABLE TO ALL BOARD MEMEBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AIR SERVICE 8,733 0 0 FELLOWSHIPS 6,884 0 0 CERTIFICATIONS/TAGS 5,618 0 0 SACKS 3,735 0 0 OFFICE REPAIRS 1,950 0 0 LAND LEASE 1,700 0 0 MISC PRODUCTION 1,492 0 0 OFFICE SUPPLIES 1,472 0 0 FREIGHT 1,090 0 0 ROYALTIES SEED 660 0 0 MISCELLANEOUS 352 0 0 SUPPLIES 190 0 0 BANK SERVICE CHARGES 48 0 0 TOTAL 33,924 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE -13,749
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01096170
IRS990/TotalAssetsEOYAmt01106575
IRS990/TotalAssetsGrp/BOYAmt01096170
IRS990/TotalAssetsGrp/EOYAmt01106575
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0110
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06563
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0308415
IRS990/TotalFunctionalExpensesGrp/TotalAmt0314978
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03548
IRS990/TotalLiabilitiesEOYAmt02724

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.00$0.91$0.16$0.18$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.00$0.93$0.24$0.17$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.00$0.86$0.44$0.38$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.00$0.80$0.31$0.44$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.00$0.93$0.29$0.37$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$0.30$0.39$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.10$0.34$0.31$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.09$0.35$0.41$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.01$1.16$0.46$0.50$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.01$1.20$0.40$0.41$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.01$1.21$0.93$0.54$0.39
2013Summary only. Only limited summary data is available for this year.$0.83$0.01$0.82$0.58$0.33$0.25
2012Summary only. Only limited summary data is available for this year.$0.58$0.01$0.57$0.38$0.42$0.04
2011Summary only. Only limited summary data is available for this year.$0.62$0.01$0.61$0.35$0.42$0.07