Civic Intelligence

Cottonseed and Feed Association Inc

990EZ • Fiscal year 2023 • EIN 84-3852476

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileCOTTONSEEDANDFEED.COM
PO Box 3672Abilene, TX 79604

(402) 681-8407

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

46th percentile

0.00x

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

79th percentile

17%

Higher net margin than 79% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

62nd percentile

6.7%

Faster asset growth than 62% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

68th percentile

19%

Faster revenue growth than 68% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$141,768

Up $8,903 (+6.7%) from 2022

Net Assets

Up

$141,768

Up $8,903 (+6.7%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin79th percentile

Revenue

Up

$51,361

Up $8,044 (+19%) from 2022

Expenses

Up

$42,458

Up $5,976 (+16%) from 2022

Net Income

Up

$8,903

Up $2,068 (+30%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$150K$100K$50K$0Assets 2020: $125,414Liabilities 2020: $0Net Assets 2020: $125,4142020Assets 2021: $126,030Liabilities 2021: $0Net Assets 2021: $126,0302021Assets 2022: $132,865Liabilities 2022: $0Net Assets 2022: $132,8652022Assets 2023: $141,768Liabilities 2023: $0Net Assets 2023: $141,7682023Assets 2024: $146,092Liabilities 2024: $0Net Assets 2024: $146,0922024

Highlighted filing

2023

Assets$141,768
Liabilities$0
Net Assets$141,768
Open 2023 Filing

Operations Trend

Revenue Growth68th percentile

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

$150K$100K$50K$0Revenue 2020: $139,461Expenses 2020: $14,047Net Income 2020: $125,4142020Revenue 2021: $10,081Expenses 2021: $9,465Net Income 2021: $6162021Revenue 2022: $43,317Expenses 2022: $36,482Net Income 2022: $6,8352022Revenue 2023: $51,361Expenses 2023: $42,458Net Income 2023: $8,9032023Revenue 2024: $62,068Expenses 2024: $57,744Net Income 2024: $4,3242024

Highlighted filing

2023

Revenue$51,361
Expenses$42,458
Net Income$8,903
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$51,361
Mission and Program Overview

Mission

Education about and promotion of cottonseed as a feed ingredient for animals.

Program Services

DescriptionGrantsExpenses
EDUCATION ABOUT AND PROMOTION OF COTTONSEED AS A FEED INGREDIENT FOR ANIMALS.$0$0
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS PIERPONTDirector-$0--
CURTIS MCGILLDirector-$0--
PETER HANLONDirector-$0--
AMY MAY HOPPERDirector-$0--
LUKE FLAIRDirector-$0--
KEVIN HOWARDDirector-$0--
BEAU BROWNPresident-$0--
JOE GRIBBLEVice President-$0--
DAN KEEFERSecretary/Treas-$0--
LANCE BARNETTAsst. Sec/Treas-$0--
Filing and Contact Details

Filer

Filer Name
Cottonseed and Feed Association Inc
EIN
84-3852476
Phone
4026818407
Address
PO BOX 3672, ABILENE, TX 79604

Signing Officer

Name
Lance Barnett
Title
Assistant Secretary/treasurer
Phone
3252800238
Signed
2024-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Condley and Company Llp
Address
PO BOX 2993, ABILENE, TX 79604-2993
Preparer
Corby Flanagan CPA
Phone
3256776251
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 3,486.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: insurance. Amount: 991. Description: convention fees. Amount: 31,272. Description: nsmsf golf tournament. Amount: 4,550. Total to form 990-ez, line 16: 36,813.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid expense. Beg. Of year amount: 11,205. End of year amount: 8,500.”

Raw XML Appendix154 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ABILENE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd079604
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRIS PIERPONT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CURTIS MCGILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PETER HANLON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AMY MAY HOPPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LUKE FLAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KEVIN HOWARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BEAU BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JOE GRIBBLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DAN KEEFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9LANCE BARNETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8SECRETARY/TREAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9ASST. SEC/TREAS
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherExpensesTotalAmt036813
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION ABOUT AND PROMOTION OF COTTONSEED AS A FEED INGREDIENT FOR ANIMALS.
IRS990EZ/PrintingPublicationsPostageAmt0345
IRS990EZ/ProgramServiceRevenueAmt037875
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IRS990EZ/TotalRevenueAmt051361
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://COTTONSEEDANDFEED.COM/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 3,486.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE. AMOUNT: 991. DESCRIPTION: CONVENTION FEES. AMOUNT: 31,272. DESCRIPTION: NSMSF GOLF TOURNAMENT. AMOUNT: 4,550. TOTAL TO FORM 990-EZ, LINE 16: 36,813.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PREPAID EXPENSE. BEG. OF YEAR AMOUNT: 11,205. END OF YEAR AMOUNT: 8,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LANCE BARNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSISTANT SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03252800238
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COTTONSEED AND FEED ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0COTT
ReturnHeader/Filer/EIN0843852476
ReturnHeader/Filer/PhoneNum04026818407
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3672
ReturnHeader/Filer/USAddress/CityNm0ABILENE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079604
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751056027
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONDLEY AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2993
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ABILENE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0796042993
ReturnHeader/PreparerPersonGrp/PhoneNum03256776251
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CORBY FLANAGAN CPA
ReturnHeader/ReturnTs02024-11-14T11:38:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$141,768
Liabilities
$0
Net assets
$141,768
Revenue
$51,361
Expenses
$42,458
Net income
$8,903
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.62$0.58$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.51$0.42$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.43$0.36$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.10$0.09$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$1.39$0.14$1.25