Civic Intelligence

Agricultural Development Fund

990 • Fiscal year 2018 • EIN 75-1824668

Apr 01, 2017 to Mar 31, 2018 • Filed on Jun 26, 2018

PO Box 150Fort Worth, TX 76101

(817) 877-2400

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

58th percentile

6.0%

Higher net margin than 58% of similar nonprofits.

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

Top Officer Pay

99th percentile

$638,783

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

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

Asset Growth

87th percentile

32%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

72nd percentile

17%

Faster revenue growth than 72% of similar nonprofits.

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

Assets

Up

$963,155

Up $235,365 (+32%) from 2017

Net Assets

Up

$963,155

Up $270,365 (+39%) from 2017

Liabilities

Down

$0

Down $35,000 (-100%) from 2017

Revenue

Up

$4,473,441

Up $645,569 (+17%) from 2017

Expenses

Up

$4,203,076

Up $389,580 (+10%) from 2017

Net Income

Up

$270,365

Up $255,989 (+1781%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $614,524Liabilities 2011: $35,000Net Assets 2011: $579,5242011Assets 2012: $613,211Liabilities 2012: $35,000Net Assets 2012: $578,2112012Assets 2013: $1,131,112Liabilities 2013: $538,319Net Assets 2013: $592,7932013Assets 2014: $658,151Liabilities 2014: $35,000Net Assets 2014: $623,1512014Assets 2015: $688,736Liabilities 2015: $35,000Net Assets 2015: $653,7362015Assets 2016: $713,414Liabilities 2016: $35,000Net Assets 2016: $678,4142016Assets 2017: $727,790Liabilities 2017: $35,000Net Assets 2017: $692,7902017Assets 2018: $963,155Liabilities 2018: $0Net Assets 2018: $963,1552018Assets 2019: $1,273,440Liabilities 2019: $300,137Net Assets 2019: $973,3032019Assets 2020: $1,191,312Liabilities 2020: $235,573Net Assets 2020: $955,7392020Assets 2021: $1,011,213Liabilities 2021: $0Net Assets 2021: $1,011,2132021Assets 2022: $1,257,000Liabilities 2022: $257,000Net Assets 2022: $1,000,0002022Assets 2023: $1,012,836Liabilities 2023: $0Net Assets 2023: $1,012,8362023Assets 2024: $1,368,705Liabilities 2024: $0Net Assets 2024: $1,368,7052024Assets 2025: $1,550,023Liabilities 2025: $0Net Assets 2025: $1,550,0232025

Highlighted filing

2018

Assets$963,155
Liabilities$0
Net Assets$963,155

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,523,3042011Expenses 2012: $3,711,7682012Expenses 2013: $3,816,2362013Revenue 2014: $4,097,833Expenses 2014: $4,067,475Net Income 2014: $30,3582014Revenue 2015: $4,508,206Expenses 2015: $4,477,621Net Income 2015: $30,5852015Revenue 2016: $4,090,423Expenses 2016: $4,065,745Net Income 2016: $24,6782016Revenue 2017: $3,827,872Expenses 2017: $3,813,496Net Income 2017: $14,3762017Revenue 2018: $4,473,441Expenses 2018: $4,203,076Net Income 2018: $270,3652018Revenue 2019: $4,545,735Expenses 2019: $4,535,587Net Income 2019: $10,1482019Revenue 2020: $5,298,585Expenses 2020: $5,316,149Net Income 2020: -$17,5642020Revenue 2021: $71,313Expenses 2021: $15,839Net Income 2021: $55,4742021Revenue 2022: $6,712,594Expenses 2022: $6,723,807Net Income 2022: -$11,2132022Revenue 2023: $301,574Expenses 2023: $288,738Net Income 2023: $12,8362023Revenue 2024: $595,328Expenses 2024: $239,459Net Income 2024: $355,8692024Revenue 2025: $437,168Expenses 2025: $255,850Net Income 2025: $181,3182025

Highlighted filing

2018

Revenue$4,473,441
Expenses$4,203,076
Net Income$270,365
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Jun 26, 2018
Return Version
2017v2.3
Gross Receipts
$4,473,441
Mission and Program Overview

Mission

To promote the breeding of better livestock by exhibition and auction in connection with the southwestern exposition and livestock show.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$639,194$571,941▼ $67,253
Cash and Non-Interest-Bearing Accounts$84,046$384,579▲ $300,533
Savings and Temporary Cash Investments-$5,425-
Pledges and Grants Receivable$4,550$1,210▼ $3,340
Total Assets$727,790$963,155▲ $235,365
Liabilities
Accounts Payable and Accrued Expenses$35,000$0▼ $35,000
Total Liabilities$35,000$0▼ $35,000
Net Assets / Fund Balance
Unrestricted Net Assets$692,790$963,155▲ $270,365
Total Net Assets Fund Balance$692,790$963,155▲ $270,365
Total Liabilities and Net Assets / Fund Balance$727,790$963,155▲ $235,365
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jr Williams IiiPresident/director
Wr Watt JrVice President/director
Breck RayDirector
Bradford S BarnesSecretary/treasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$456,565
Program Service Revenue
$4,010,606
Investment Income
$6,270
Other Revenue
$0
All Other Contributions
$456,565
Change in Net Assets
$270,365

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,473,441
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,473,441
Total Revenue per Form 990
$4,473,441
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,203,076
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$12,250-$12,250
Other Expenses$4,200--$4,200
Conferences and Meetings$1,538--$1,538
Office Expenses$1,283--$1,283
Total Functional Expenses$4,190,826$12,250$0$4,203,076

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,203,076
Total Expenses per Audited Statements$4,203,076
Total Expenses per Form 990$4,203,076
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, Line 11B

A copy of form 990 is provided to all members of the governing body for review prior to filing.

Form 990, Part VI, Section B, Line 12C

The directors annually disclose any possible conflicts of interest.

Form 990, Part VI, Section B, Line 15

Agricultural development fund does not currently have any employees.

Form 990, Part VI, Section C, Line 19

The organization will make governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Agricultural Development Fund
EIN
75-1824668
Phone
8178772400
Address
PO BOX 150, FORT WORTH, TX 76101

Signing Officer

Name
Bradford S Barnes
Title
Treasurer
Phone
8178772400
Signed
2018-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bradford S Barnes
Formed
1982
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
34

Preparer

Firm
Whitley Penn Llp
Address
1400 WEST 7TH STREET STE 400, FT WORTH, TX 76102
Preparer
Curtis Maxfield
Phone
8172599100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The fund is an organization exempt from federal income tax under section 501(c)(3) of the internal revenue code, as an organization other than a private foundation. Therefore, no provision for federal income taxes is made in the accompanying financial statements. The fund follows the guidance under gaap, which prescribes a comprehensive model for the financial statement recognition, measurement, presentation, and disclosure of uncertain tax positions taken or expected to be taken in income tax returns. Management believes that it has not taken a tax position that, if challenged, would have a material effect on the fund's financial statements. The fund files form 990 in the united states federal jurisdiction and no tax returns are currently under examination by any tax authorities. The fund did not incur any penalties or interest during the years ended march 31, 2018 and 2017.

Raw XML AppendixShowing 400 of 411 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt035000
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt0639194
IRS990/AccountsReceivableGrp/EOYAmt0571941
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE THE BREEDING OF BETTER LIVESTOCK BY EXHIBITION AND AUCTION IN CONNECTION WITH THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW.
IRS990/AllOtherContributionsAmt0456565
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRADFORD S BARNES
IRS990/BooksInCareOfDetail/PhoneNum08178772400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03400 BURNETT TANDY DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FORT WORTH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076107
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt084046
IRS990/CashNonInterestBearingGrp/EOYAmt0384579
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01538
IRS990/ConferencesMeetingsGrp/TotalAmt01538
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0456565
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06270
IRS990/CYOtherExpensesAmt04203076
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04010606
IRS990/CYRevenuesLessExpensesAmt0270365
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04203076
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04473441
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE FUND WAS SET UP TO PAY PREMIUMS AND BONUSES TO OWNERS OF LIVESTOCK THAT SHOW IN THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW. PREMIUMS ARE ADDITIONAL MONEY PAID ON PLACINGS IN THE JUNIOR LIVESTOCK SHOWS. THE BONUS MONEY IS PAID ON A PREDETERMINED PRICE PER POUND OVER MARKET PRICE FOR ANIMALS SOLD AT THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04190826
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012250
IRS990/FeesForServicesAccountingGrp/TotalAmt012250
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2105753
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JR WILLIAMS III
IRS990/Form990PartVIISectionAGrp/PersonNm1WR WATT JR
IRS990/Form990PartVIISectionAGrp/PersonNm2BRADFORD S BARNES
IRS990/Form990PartVIISectionAGrp/PersonNm3BRECK RAY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2533030
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04473441
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt06270
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06270
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THE BREEDING OF BETTER LIVESTOCK BY EXHIBITION AND AUCTION IN CONNECTION WITH THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0692790
IRS990/NetAssetsOrFundBalancesEOYAmt0963155
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01283
IRS990/OfficeExpensesGrp/TotalAmt01283
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LIVESTOCK PREMIUMS
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt04183805
IRS990/OtherExpensesGrp/ProgramServicesAmt14200
IRS990/OtherExpensesGrp/TotalAmt04183805
IRS990/OtherExpensesGrp/TotalAmt14200
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04550
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01210
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BRADFORD S BARNES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0BUYERS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04010606
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04010606
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0224945
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04462
IRS990/PYOtherExpensesAmt03813496
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03598465
IRS990/PYRevenuesLessExpensesAmt014376
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03813496
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03827872
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0270365
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04010606
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05425
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0456565
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0224945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0221600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0202510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0185005
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01290625
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06270
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04462
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03168
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02351
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01506
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt017757
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04010606
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03598465
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03865655
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04303345
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03911322
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt019689393
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04462
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02351
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01506
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt017757
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99930
IRS990ScheduleA/PublicSupportTotal509Amt020980018
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04467171
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03823410
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04087255
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04505855
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04096327
IRS990ScheduleA/Total509Grp/TotalAmt020980018
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04473441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03827872
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04090423
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04508206
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04097833
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt020997775
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04203076
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04473441
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUND IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES IS MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FUND FOLLOWS THE GUIDANCE UNDER GAAP, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON THE FUND'S FINANCIAL STATEMENTS. THE FUND FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION AND NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES. THE FUND DID NOT INCUR ANY PENALTIES OR INTEREST DURING THE YEARS ENDED MARCH 31, 2018 AND 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt04203076
IRS990ScheduleD/TotalRevenuePerForm990Amt04473441
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04473441
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04203076
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0185000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0348030
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt081530
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt024223
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRADFORD S BARNES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY/TREASURER/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0638783
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS ANNUALLY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AGRICULTURAL DEVELOPMENT FUND DOES NOT CURRENTLY HAVE ANY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL MAKE GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0750575065
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EXHIBITION OF LIVESTOCK AND FARM PRODUCTS TO THE PUBLIC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FORT WORTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd076101
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt04183805
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW - LIVESTOCK PREMIUMS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0727790
IRS990/TotalAssetsEOYAmt0963155
IRS990/TotalAssetsGrp/BOYAmt0727790
IRS990/TotalAssetsGrp/EOYAmt0963155
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0456565
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012250
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04190826
IRS990/TotalFunctionalExpensesGrp/TotalAmt04203076
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt035000
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt035000
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0692790
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0963155
IRS990/TotalOtherCompensationAmt0105753
IRS990/TotalProgramServiceExpensesAmt04190826
IRS990/TotalProgramServiceRevenueAmt04010606
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt06270
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04010606
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04473441
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt034
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0727790
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0963155
IRS990/TotReportableCompRltdOrgAmt0533030
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0692790
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0963155
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 150
IRS990/USAddress/CityNm0FORT WORTH
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076101
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRADFORD S BARNES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08178772400
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AGRICULTURAL DEVELOPMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0AGRI
ReturnHeader/Filer/EIN0751824668
ReturnHeader/Filer/PhoneNum08178772400
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 150
ReturnHeader/Filer/USAddress/CityNm0FORT WORTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076101
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId093E4B55585B502FA05D494EF73274353B382540C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId021B5010BE9AD4BBB5B3A835E8F1FF103F3BAAE96
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.0.230.112
ReturnHeader/FilingSecurityInformation/IPDt02018-06-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:40:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752393478
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITLEY PENN LLP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.44$0.26$0.18
2024Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.60$0.24$0.36
2023Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.30$0.29$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.26$1.00$6.71$6.72$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.07$0.02$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.24$0.96$5.30$5.32$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.27$0.30$0.97$4.55$4.54$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$4.47$4.20$0.27
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.04$0.69$3.83$3.81$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.04$0.68$4.09$4.07$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.04$0.65$4.51$4.48$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.04$0.62$4.10$4.07$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.54$0.59$3.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.04$0.58$3.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.04$0.58$3.52