Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
EIN 75-6030070 • 501(c)6 • Cordova, TN
Profile
Organization's primary exempt purpose is to foster trade, commercial and business interest of those engaged in ginning cotton; to encourage and promote cooperation with growers, producers, processors and distributors of cotton, cottonseed and the products thereof, and generally to secure a more enlarged and friendly association among those engaged in the cotton ginning industry and among those dealing directly or indirectly with such industry.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
49th percentile
Higher top officer pay than 49% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
50th percentile
Faster asset growth than 50% of similar nonprofits.
Revenue Growth
16th percentile
Faster revenue growth than 16% of similar nonprofits.
Assets
Up$583,071
Up $21,194 (+3.8%) from 2024
Liabilities
Up$47,230
Up $47,230 from 2024
Net Assets
Down$535,841
Down $26,036 (-4.6%) from 2024
Revenue
Down$117,660
Down $14,497 (-11%) from 2024
Expenses
Up$143,696
Up $44,945 (+46%) from 2024
Net Income
Down-$26,036
Down $59,442 (-178%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
Organization's primary exempt purpose is to foster trade, commercial and business interest of those engaged in ginning cotton; to encourage and promote cooperation with growers, producers, processors and distributors of cotton, cottonseed and the products thereof, and generally to secure a more enlarged and friendly association among those engaged in the cotton ginning industry and among those dealing directly or indirectly with such industry.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $286,824 | $303,130 | ▲ $16,306 |
| Savings and Temporary Cash Investments | $275,053 | $279,941 | ▲ $4,888 |
| Total Assets | $561,877 | $583,071 | ▲ $21,194 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $36,580 | - |
| Deferred Revenue | - | $10,650 | - |
| Total Liabilities | $0 | $47,230 | ▲ $47,230 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $561,877 | $535,841 | ▼ $26,036 |
| Total Net Assets Fund Balance | $561,877 | $535,841 | ▼ $26,036 |
| Total Liabilities and Net Assets / Fund Balance | $561,877 | $583,071 | ▲ $21,194 |
| Name | Title |
|---|---|
| Walter Eugene Seale | Chairman |
| Richard J Lindsey | President |
| Harrison Ashley | Executive Vice President |
| Larry Black | First Vice President |
| J Bradley Williams | Second Vice President |
| Thomas J Pires | Third Vice President |
| Adriane L Carbonel | Director |
| Alberto Pando | Director |
| Billy Sickler | Director |
| David Blakemore | Director |
| Donald Kirk Gilkey | Director |
| Drake Perrow | Director |
| Gary D Feist | Director |
| Gary Evans | Director |
| Gary a Bailey | Director |
| George G Lacour | Director |
| Henry G Watkins | Director |
| John Steelhammer | Director |
| Leonard B Alphin | Director |
| Melissa Campbell | Director |
| Michael Jantz Bain | Director |
| Mike Thompson | Director |
| Nathan Goldman | Director |
| Phillip W Kidd | Director |
| Rex a Ford | Director |
| Rowan Benjamin Evans | Director |
| Todd M Waters | Director |
| Tom a Calloway | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $143,696 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | - | - | - | $92,952 |
| Travel | - | - | - | $12,544 |
| Insurance | - | - | - | $5,448 |
| Office Expenses | - | - | - | $4,011 |
| Other Expenses | - | - | - | $2,054 |
| All Other Expenses | - | - | - | $452 |
| Total Functional Expenses | $0 | $0 | $0 | $143,696 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Return is reviewed by executive vice-president”
“Documents are available upon request by us mail.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO FOSTER TRADE, COMMERCIAL AND BUSINESS INTEREST OF THOSE ENGAGED IN GINNING COTTON; TO ENCOURAGE AND PROMOTE COOPERATION WITH GROWERS, PRODUCERS, PROCESSORS AND DISTRIBUTORS OF COTTON, COTTONSEED AND THE PRODUCTS THEREOF, AND GENERALLY TO SECURE A MORE ENLARGED AND FRIENDLY ASSOCIATION AMONG THOSE ENGAGED IN THE COTTON GINNING INDUSTRY AND AMONG THOSE DEALING DIRECTLY OR INDIRECTLY WITH SUCH INDUSTRY. |
| IRS990/AllOtherContributionsAmt | 0 | 27999 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 452 |
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| IRS990/Desc | 0 | GIN SCHOOLS - PROVIDES CONTINUING EDUCATION FOR THOSE INVOLVED IN THE COTTON GINNING INDUSTRY. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | FIRST VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 25 | SECOND VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 26 | THIRD VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 27 | EXECUTIVE VICE PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1937 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 27 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 117660 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 27 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5448 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 5918 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5918 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MS |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 25377 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO FOSTER TRADE, COMMERCIAL AND BUSINESS INTEREST OF THOSE ENGAGED IN GINNING COTTON; TO ENCOURAGE AND PROMOTE COOPERATION WITH GROWERS, PRODUCERS, PROCESSORS AND DISTRIBUTORS OF COTTON, COTTONSEED AND THE PRODUCTS THEREOF, AND GENERALLY TO SECURE A MORE ENLARGED AND FRIENDLY ASSOCIATION AMONG THOSE ENGAGED IN THE COTTON GINNING INDUSTRY AND AMONG THOSE DEALING DIRECTLY OR INDIRECTLY WITH SUCH INDUSTRY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 561877 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 535841 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 561877 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 535841 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4011 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | GIN SCHOOL SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 2 | GIN SCHOOL REFUNDS |
| IRS990/OtherExpensesGrp/Desc | 3 | POSTAGE AND SHIPPING |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 16976 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 4709 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4550 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2054 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | W HARRISON ASHLEY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | GIN SCHOOL AND SAFETY |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 58366 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 58366 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 55224 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 645 |
| IRS990/PYOtherExpensesAmt | 0 | 98751 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 76288 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 33406 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 98751 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 132157 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -26036 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 275053 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 279941 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 1 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | RETURN IS REVIEWED BY EXECUTIVE VICE-PRESIDENT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DOCUMENTS ARE AVAILABLE UPON REQUEST BY US MAIL. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 1 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | PEARY WILEMON NATIONAL COTTON GINNERS SCHOLARSHIP FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 621595279 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | TN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | SCHOLARSHIPS AWARDED TO ELIGIBLE STUDENTS |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | PF |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 7193 GOODLETT FARMS PKWY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | CORDOVA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 38016 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 1500 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | PEARY WILEMON NATIONAL COTTON GINNERS SCHOLARSHIP FOUNDATION |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | B |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 561877 |
| IRS990/TotalAssetsEOYAmt | 0 | 583071 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 561877 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 583071 |
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