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Cotton Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Food, Agriculture and Nutrition / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.46M (2023)

Expenses
$878k (2023)

Total Assets
$4.43M (2023)

Total Liabilities
$35.4k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,456,883
Expenses
$877,685
Net Income
$579,198
Net Assets
$4,393,677
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,130,615
77.6%
Program Services $0
Investment Income $85,431
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $249,375
17.1%
Net Fundraising $0
Sales of Assets -$8,538
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $56,307
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $28,450
3.2%
Assets/Debt
Total Assets $4,429,040
Total Liabilities $35,363
Net Assets $4,393,677
Compensation
Key Employees and Officers Compensation Related Other
Matt Rekeweg (Treasurer) $0 $0 $0
Joseph Kelly Fenner (Trustee) $0 $0 $0
Travis Becton (Trustee) $0 $0 $0
Jennifer Crumpler (Trustee) $0 $0 $0
David C Light (Trustee) $0 $0 $0
Eric Castner (Trustee) $0 $0 $0
Jeffrey D Smith (Trustee) $0 $0 $0
Jon R Whatley (Chairman) $0 $0 $0
Dean Calvani (President) $0 $0 $0
Russell Sutton (Trustee) $0 $0 $0
Sam Whitaker (Trustee) $0 $0 $0
Andrew Conner (Trustee) $0 $0 $0
Phillip Edwards Iii (Trustee) $0 $0 $0
Macie O'shaughnessy (Trustee) $0 $0 $0
Gary Adams (Executive Vice President) $0 $434,654 $38,077
Don Parker (Executive Director/Secreta) $0 $171,642 $12,119
Drew Davis (Assistant Treasurer) $0 $141,559 $12,673

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$980,959
Expenses
$650,349
Net Income
$330,610
Net Assets
$3,630,043
Notable Sources of Revenue Percent of Total Revenue
Contributions $689,500
70.3%
Program Services $0
Investment Income $79,785
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $242,646
24.7%
Net Fundraising $0
Sales of Assets -$30,972
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,933
8.3%
Professional Fundraising Fees $0
Other Salaries and Wages $28,450
4.4%
Assets/Debt
Total Assets $3,669,566
Total Liabilities $39,523
Net Assets $3,630,043
Compensation
Key Employees and Officers Compensation Related Other
Douglas W Rushing (Treasurer) $0 $0 $0
Joseph Kelly Fenner (Trustee) $0 $0 $0
Travis Becton (Trustee) $0 $0 $0
Neal Isbell (Chairman) $0 $0 $0
Matt Rekeweg (Trustee) $0 $0 $0
Eric Castner (Trustee) $0 $0 $0
Jeffrey D Smith (Trustee) $0 $0 $0
Jon R Whatley (President) $0 $0 $0
Dean Calvani (Trustee) $0 $0 $0
Russell Sutton (Trustee) $0 $0 $0
Sam Whitaker (Trustee) $0 $0 $0
Andrew Conner (Trustee) $0 $0 $0
Phillip Edwards Iii (Trustee) $0 $0 $0
Macie O'shaughnessy (Trustee) $0 $0 $0
Gary Adams (Executive Vice President) $0 $391,537 $66,490
Don Parker (Executive Director/Secreta) $0 $164,307 $31,214
Drew Davis (Assistant Treasurer) $0 $131,721 $27,072

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$787,469
Expenses
$529,059
Net Income
$258,410
Net Assets
$3,821,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $438,595
55.7%
Program Services $0
Investment Income $62,109
7.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $209,396
26.6%
Net Fundraising $0
Sales of Assets $77,369
9.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,423
11.4%
Professional Fundraising Fees $0
Other Salaries and Wages $28,450
5.4%
Assets/Debt
Total Assets $3,824,041
Total Liabilities $2,827
Net Assets $3,821,214
Compensation
Key Employees and Officers Compensation Related Other
Douglas W Rushing (Treasurer) $0 $0 $0
Joseph Kelly Fenner (Trustee) $0 $0 $0
John H Willis (Chairman) $0 $0 $0
Travis Becton (Trustee) $0 $0 $0
Neal Isbell (President) $0 $0 $0
Matt Rekeweg (Trustee) $0 $0 $0
Eric Castner (Trustee) $0 $0 $0
Jeffrey D Smith (Trustee) $0 $0 $0
Burleson Smith (Trustee) $0 $0 $0
Mary Kay Thatcher (Trustee) $0 $0 $0
Jon R Whatley (Trustee) $0 $0 $0
Dean Calvani (Trustee) $0 $0 $0
Russell Sutton (Trustee) $0 $0 $0
Sam Whitaker (Trustee) $0 $0 $0
Gary Adams (Executive Vice President) $0 $401,108 $64,894
Don Parker (Executive Director/Secreta) $0 $138,474 $14,210
Drew Davis (Assistant Treasurer) $0 $132,367 $26,319

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$714,447
Expenses
$881,799
Net Income
-$167,352
Net Assets
$2,999,282
Notable Sources of Revenue Percent of Total Revenue
Contributions $450,250
63.0%
Program Services $0
Investment Income $106,708
14.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $179,365
25.1%
Net Fundraising $0
Sales of Assets -$21,876
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $62,076
7.0%
Professional Fundraising Fees $0
Other Salaries and Wages $28,539
3.2%
Assets/Debt
Total Assets $3,028,083
Total Liabilities $28,801
Net Assets $2,999,282

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,068,876
Expenses
$903,503
Net Income
$165,373
Net Assets
$3,133,396
Notable Sources of Revenue Percent of Total Revenue
Contributions $733,970
68.7%
Program Services $0
Investment Income $133,980
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $164,475
15.4%
Net Fundraising $0
Sales of Assets $36,451
3.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,709
6.7%
Professional Fundraising Fees $0
Other Salaries and Wages $20,000
2.2%
Assets/Debt
Total Assets $3,170,199
Total Liabilities $36,803
Net Assets $3,133,396

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$997,515
Expenses
$1,012,119
Net Income
-$14,604
Net Assets
$3,062,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $763,225
76.5%
Program Services $0
Investment Income $69,815
7.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $164,475
16.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $59,379
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $20,000
2.0%
Assets/Debt
Total Assets $3,133,374
Total Liabilities $71,328
Net Assets $3,062,046

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,056,260
Expenses
$1,013,055
Net Income
$43,205
Net Assets
$3,026,434
Notable Sources of Revenue Percent of Total Revenue
Contributions $846,634
80.2%
Program Services $0
Investment Income $47,099
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $164,475
15.6%
Net Fundraising $0
Sales of Assets -$1,948
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $57,610
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $20,000
2.0%
Assets/Debt
Total Assets $3,068,144
Total Liabilities $41,710
Net Assets $3,026,434

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$913,048
Expenses
$1,017,194
Net Income
-$104,146
Net Assets
$2,822,898
Notable Sources of Revenue Percent of Total Revenue
Contributions $689,089
75.5%
Program Services $0
Investment Income $60,488
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $164,475
18.0%
Net Fundraising $0
Sales of Assets -$1,004
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $57,075
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $20,000
2.0%
Assets/Debt
Total Assets $2,867,083
Total Liabilities $44,185
Net Assets $2,822,898

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$857,654
Expenses
$945,451
Net Income
-$87,797
Net Assets
$2,985,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $609,207
71.0%
Program Services $0
Investment Income $80,440
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $164,475
19.2%
Net Fundraising $0
Sales of Assets $3,532
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $56,515
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $28,856
3.1%
Assets/Debt
Total Assets $3,014,522
Total Liabilities $28,898
Net Assets $2,985,624

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,301,946
Expenses
$1,215,337
Net Income
$86,609
Net Assets
$3,157,722
Notable Sources of Revenue Percent of Total Revenue
Contributions $881,874
67.7%
Program Services $674
0.1%
Investment Income $85,350
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $164,475
12.6%
Net Fundraising $0
Sales of Assets $169,573
13.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,955
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $42,000
3.5%
Assets/Debt
Total Assets $3,212,567
Total Liabilities $54,845
Net Assets $3,157,722

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,008,110
Expenses
$1,098,734
Net Income
-$90,624
Net Assets
$3,083,071
Notable Sources of Revenue Percent of Total Revenue
Contributions $802,376
79.6%
Program Services $40,140
4.0%
Investment Income $1,572
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $164,475
16.3%
Net Fundraising $0
Sales of Assets -$453
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,140
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $4,397
0.4%
Assets/Debt
Total Assets $3,120,971
Total Liabilities $37,900
Net Assets $3,083,071

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,203,973
Expenses
$1,132,160
Net Income
$71,813
Net Assets
$2,981,200
Notable Sources of Revenue Percent of Total Revenue
Contributions $846,000
70.3%
Program Services $36,170
3.0%
Investment Income $6,483
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $164,475
13.7%
Net Fundraising $0
Sales of Assets $150,845
12.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,533
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $41,625
3.7%
Assets/Debt
Total Assets $3,013,333
Total Liabilities $32,133
Net Assets $2,981,200

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$965,042
Expenses
$1,504,314
Net Income
-$539,272
Net Assets
$3,100,681
Notable Sources of Revenue Percent of Total Revenue
Contributions $719,000
74.5%
Program Services $40,097
4.2%
Investment Income $37,647
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $164,475
17.0%
Net Fundraising $0
Sales of Assets $3,823
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $51,606
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $65,022
4.3%
Assets/Debt
Total Assets $3,233,954
Total Liabilities $133,273
Net Assets $3,100,681

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Types of Nonprofits

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