Civic Intelligence

Plains Cotton Growers Inc

EIN 75-0938875 • 501(c)5 • Lubbock, TX

Profile

Improvement & Support of Cotton on the High Plains

8303 Aberdeen AveLubbock, TX 79424

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.06x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

90th percentile

0.36x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Source year 2025

Net Margin

11th percentile

-5.5%

Higher net margin than 11% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

34th percentile

$162,000

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

501(c)5 • $5M-$10M nonprofits • Source year 2025

Asset Growth

16th percentile

-0.7%

Faster asset growth than 16% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

61st percentile

11%

Faster revenue growth than 61% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$8,292,465

Down $55,566 (-0.7%) from 2024

Liabilities

Up

$511,510

Up $21,000 (+4.3%) from 2024

Net Assets

Down

$7,780,955

Down $76,566 (-1.0%) from 2024

Revenue

Up

$1,403,284

Up $134,849 (+11%) from 2024

Expenses

Down

$1,479,850

Down $47,233 (-3.1%) from 2024

Net Income

Up

-$76,566

Up $182,082 (+70%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2012: $9,126,536Liabilities 2012: $460,210Net Assets 2012: $8,666,3262012Assets 2013: $8,975,926Liabilities 2013: $467,210Net Assets 2013: $8,508,7162013Assets 2014: $8,736,079Liabilities 2014: $465,210Net Assets 2014: $8,270,8692014Assets 2015: $8,546,206Liabilities 2015: $470,210Net Assets 2015: $8,075,9962015Assets 2016: $8,569,681Liabilities 2016: $477,252Net Assets 2016: $8,092,4292016Assets 2017: $9,053,303Liabilities 2017: $486,252Net Assets 2017: $8,567,0512017Assets 2018: $9,515,490Liabilities 2018: $509,252Net Assets 2018: $9,006,2382018Assets 2019: $9,679,737Liabilities 2019: $528,752Net Assets 2019: $9,150,9852019Assets 2020: $9,282,740Liabilities 2020: $445,693Net Assets 2020: $8,837,0472020Assets 2021: $9,348,544Liabilities 2021: $466,777Net Assets 2021: $8,881,7672021Assets 2022: $9,132,186Liabilities 2022: $516,560Net Assets 2022: $8,615,6262022Assets 2023: $8,582,714Liabilities 2023: $466,545Net Assets 2023: $8,116,1692023Assets 2024: $8,348,031Liabilities 2024: $490,510Net Assets 2024: $7,857,5212024Assets 2025: $8,292,465Liabilities 2025: $511,510Net Assets 2025: $7,780,9552025

Highlighted filing

2025

Assets$8,292,465
Liabilities$511,510
Net Assets$7,780,955

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2012: $732,732Expenses 2012: $1,241,621Net Income 2012: -$508,8892012Revenue 2013: $1,148,724Expenses 2013: $1,306,334Net Income 2013: -$157,6102013Revenue 2014: $1,118,955Expenses 2014: $1,356,802Net Income 2014: -$237,8472014Revenue 2015: $1,148,607Expenses 2015: $1,343,480Net Income 2015: -$194,8732015Revenue 2016: $1,429,099Expenses 2016: $1,412,666Net Income 2016: $16,4332016Revenue 2017: $1,953,673Expenses 2017: $1,479,051Net Income 2017: $474,6222017Revenue 2018: $1,969,962Expenses 2018: $1,530,775Net Income 2018: $439,1872018Revenue 2019: $1,664,849Expenses 2019: $1,520,102Net Income 2019: $144,7472019Revenue 2020: $1,130,479Expenses 2020: $1,444,417Net Income 2020: -$313,9382020Revenue 2021: $1,491,493Expenses 2021: $1,446,773Net Income 2021: $44,7202021Revenue 2022: $1,262,381Expenses 2022: $1,528,522Net Income 2022: -$266,1412022Revenue 2023: $947,890Expenses 2023: $1,447,347Net Income 2023: -$499,4572023Revenue 2024: $1,268,435Expenses 2024: $1,527,083Net Income 2024: -$258,6482024Revenue 2025: $1,403,284Expenses 2025: $1,479,850Net Income 2025: -$76,5662025

Highlighted filing

2025

Revenue$1,403,284
Expenses$1,479,850
Net Income-$76,566

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.29$0.51$7.78$1.40$1.48$0.08
2024Detailed filing. Detailed filing data is available for this year.$8.35$0.49$7.86$1.27$1.53$0.26
2023Detailed filing. Detailed filing data is available for this year.$8.58$0.47$8.12$0.95$1.45$0.50
2022Detailed filing. Detailed filing data is available for this year.$9.13$0.52$8.62$1.26$1.53$0.27
2021Detailed filing. Detailed filing data is available for this year.$9.35$0.47$8.88$1.49$1.45$0.04
2020Summary only. Only limited summary data is available for this year.$9.28$0.45$8.84$1.13$1.44$0.31
2019Summary only. Only limited summary data is available for this year.$9.68$0.53$9.15$1.66$1.52$0.14
2018Summary only. Only limited summary data is available for this year.$9.52$0.51$9.01$1.97$1.53$0.44
2017Summary only. Only limited summary data is available for this year.$9.05$0.49$8.57$1.95$1.48$0.47
2016Summary only. Only limited summary data is available for this year.$8.57$0.48$8.09$1.43$1.41$0.02
2015Summary only. Only limited summary data is available for this year.$8.55$0.47$8.08$1.15$1.34$0.19
2014Summary only. Only limited summary data is available for this year.$8.74$0.47$8.27$1.12$1.36$0.24
2013Summary only. Only limited summary data is available for this year.$8.98$0.47$8.51$1.15$1.31$0.16
2012Summary only. Only limited summary data is available for this year.$9.13$0.46$8.67$0.73$1.24$0.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 20, 2025
Return Version
2024v5.2
Gross Receipts
$1,435,232
Mission and Program Overview

Mission

Improvement & Support of Cotton on the High Plains

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,146,155$3,539,231▲ $393,076
Savings and Temporary Cash Investments$3,650,403$3,336,942▼ $313,461
Land, Buildings, and Equipment, Net$1,007,406$942,570▼ $64,836
Cash and Non-Interest-Bearing Accounts$447,118$381,654▼ $65,464
Investments Other Securities$84,531$87,517▲ $2,986
Accounts Receivable$4,480$0▼ $4,480
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$8,348,031$8,292,465▼ $55,566
Other Assets Total$7,938$4,551▼ $3,387
Liabilities
Grants Payable$490,500$511,500▲ $21,000
Other Liabilities$10$10→ $0
Total Liabilities$490,510$511,510▲ $21,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,193,926$3,998,028▼ $195,898
Net Assets With Donor Restrictions$3,663,595$3,782,927▲ $119,332
Total Net Assets Fund Balance$7,857,521$7,780,955▼ $76,566
Total Liabilities and Net Assets / Fund Balance$8,348,031$8,292,465▼ $55,566

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$672,771$258,914-
Other Land Buildings$26,012$156,363-
Land$201,071--
Equipment$42,716$8,543$-53,247
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kody BessentCEOFT$162,000$162,000

Board Members and Trustees

NameTitle
Martin StoernerChairman
Brent NelsonPast President
Travis MiresPresident
Brent CokerVice President
Jon JonesSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$727,730
Investment Income
$636,195
Other Revenue
$39,359
Change in Net Assets
$-76,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$898,121
Salaries, Compensation, and Employee Benefits$581,729
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$384,796-$384,796
Current Officers, Directors, Trustees, and Key Employees-$162,000-$162,000
All Other Expenses$34,288$67,863-$102,151
Depreciation Depletion-$84,146-$84,146
Travel-$78,619-$78,619
Conferences and Meetings-$37,570-$37,570
Other Expenses$36,000$1,222-$36,000
Payroll Taxes-$34,933-$34,933
Office Expenses-$24,042-$24,042
Advertising$17,823--$17,823
Fees for Services Accounting-$13,107-$13,107
Insurance-$11,123-$11,123
Total Functional Expenses$580,429$899,421$0$1,479,850
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$67,411
Total Nondeductible Lobbying and Political Cost$67,411
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liabilities$10
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Plains Cotton Growers Inc
EIN
75-0938875
Phone
8067924904
Address
8303 ABERDEEN AVE, LUBBOCK, TX 79424

Signing Officer

Name
Kody Bessent
Title
CEO
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kody Bessent
Formed
1956
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
0
Employees
5

Preparer

Firm
D Williams & Co Inc
Address
1500 Broadway Ste 400, Lubbock, TX 79401
Preparer
Gregory O Taylor
Phone
8067855982
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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/OtherRevenueMiscGrp/TotalRevenueColumnAmt039359
IRS990/OtherRevenueTotalAmt039359
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0384796
IRS990/OtherSalariesAndWagesGrp/TotalAmt0384796
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt034933
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0727730
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IRS990/PYInvestmentIncomeAmt0561571
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IRS990/PYOtherExpensesAmt0978903
IRS990/PYOtherRevenueAmt0138044
IRS990/PYProgramServiceRevenueAmt0568820
IRS990/PYRevenuesLessExpensesAmt0-258648
IRS990/PYSalariesCompEmpBnftPaidAmt0548180
IRS990/PYTotalExpensesAmt01527083
IRS990/PYTotalRevenueAmt01268435
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-76566
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01403284
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IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0931685
IRS990ScheduleD/EquipmentGrp/BookValueAmt042716
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08543
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0104506
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0-53247
IRS990ScheduleD/LandGrp/BookValueAmt0201071
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0201071
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026012
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0156363
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0182375
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0580429
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IRS990/TotalGrossUBIAmt00
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IRS990/TravelGrp/ManagementAndGeneralAmt078619
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt08303 ABERDEEN AVE
IRS990/USAddress/CityNm0LUBBOCK
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079424
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KODY BESSENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLAINS COTTON GROWERS INC
ReturnHeader/Filer/BusinessNameControlTxt0PLAI
ReturnHeader/Filer/EIN0750938875
ReturnHeader/Filer/PhoneNum08067924904
ReturnHeader/Filer/USAddress/AddressLine1Txt08303 ABERDEEN AVE
ReturnHeader/Filer/USAddress/CityNm0LUBBOCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079424
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752512581
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0D Williams & Co Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01500 Broadway Ste 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lubbock
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079401
ReturnHeader/PreparerPersonGrp/PhoneNum08067855982
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY O TAYLOR
ReturnHeader/ReturnTs02025-10-20T08:53:12-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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