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Agricultural Development Fund

  • Fort Worth, TX
  • Tax-exempt since Sept. 1982
  • EIN: 75-1824668

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.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$595k (2024)

Expenses
$239k (2024)

Total Assets
$1.37M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2012 to 2024

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 March
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$595,328
Expenses
$239,459
Net Income
$355,869
Net Assets
$1,368,705
Notable Sources of Revenue Percent of Total Revenue
Contributions $567,905
95.4%
Program Services $0
Investment Income $27,423
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,368,705
Total Liabilities $0
Net Assets $1,368,705
Compensation
Key Employees and Officers Compensation Related Other
Bradford S Barnes (Director) $0 $638,187 $158,320
Matthew R Carter (President/Director) $0 $386,073 $41,487
Kimberly Dewoody (Secretary/Treasurer/Direct) $0 $253,690 $26,977
Charlie Royer Iii (Vice President/Director) $0 $1,150 $0
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 19, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$301,574
Expenses
$288,738
Net Income
$12,836
Net Assets
$1,012,836
Notable Sources of Revenue Percent of Total Revenue
Contributions $296,470
98.3%
Program Services $0
Investment Income $5,104
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,012,836
Total Liabilities $0
Net Assets $1,012,836
Compensation
Key Employees and Officers Compensation Related Other
Bradford S Barnes (Director) $0 $607,825 $145,094
Matthew R Carter (President/Director) $0 $366,242 $31,532
Kimberly Dewoody (Secretary/Treasurer/Direct) $0 $237,930 $20,173
Charlie Royer Iii (Vice President/Director) $0 $2,035 $0
Breck Ray (Director) $0 $0 $0
Wr Watt Jr Partial Year (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,712,594
Expenses
$6,723,807
Net Income
-$11,213
Net Assets
$1,000,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $260,025
3.9%
Program Services $6,450,955
96.1%
Investment Income $1,614
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,257,000
Total Liabilities $257,000
Net Assets $1,000,000
Compensation
Key Employees and Officers Compensation Related Other
Jr Williams Iii (President/Director) $0 $0 $0
Wr Watt Jr (Vice President/Director) $0 $0 $0
Bradford S Barnes (Secretary/Treasurer/Direct) $0 $373,281 $135,122
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 9, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$71,313
Expenses
$15,839
Net Income
$55,474
Net Assets
$1,011,213
Notable Sources of Revenue Percent of Total Revenue
Contributions $69,362
97.3%
Program Services $0
Investment Income $1,951
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,011,213
Total Liabilities $0
Net Assets $1,011,213
Compensation
Key Employees and Officers Compensation Related Other
Jr Williams Iii (President/Director) $0 $0 $0
Wr Watt Jr (Vice President/Director) $0 $0 $0
Bradford S Barnes (Secretary/Treasurer/Direct) $0 $586,761 $129,571
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on June 29, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,298,585
Expenses
$5,316,149
Net Income
-$17,564
Net Assets
$955,739
Notable Sources of Revenue Percent of Total Revenue
Contributions $204,640
3.9%
Program Services $5,086,987
96.0%
Investment Income $6,958
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,191,312
Total Liabilities $235,573
Net Assets $955,739
Compensation
Key Employees and Officers Compensation Related Other
Jr Williams Iii (President/Director) $0 $0 $0
Wr Watt Jr (Vice President/Director) $0 $0 $0
Bradford S Barnes (Secretary/Treasurer/Director) $0 $584,015 $119,938
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 10, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,545,735
Expenses
$4,535,587
Net Income
$10,148
Net Assets
$973,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $200,680
4.4%
Program Services $4,337,027
95.4%
Investment Income $8,028
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,273,440
Total Liabilities $300,137
Net Assets $973,303
Compensation
Key Employees and Officers Compensation Related Other
Jr Williams Iii (President/Director) $0 $0 $0
Wr Watt Jr (Vice President/Director) $0 $0 $0
Bradford S Barnes (Secretary/Treasurer/Direct) $0 $560,366 $112,726
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 8, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,473,441
Expenses
$4,203,076
Net Income
$270,365
Net Assets
$963,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $456,565
10.2%
Program Services $4,010,606
89.7%
Investment Income $6,270
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $963,155
Total Liabilities $0
Net Assets $963,155
Compensation
Key Employees and Officers Compensation Related Other
Jr Williams Iii (President/Director) $0 $0 $0
Wr Watt Jr (Vice President/Director) $0 $0 $0
Bradford S Barnes (Secretary/Treasurer/Director) $0 $533,030 $105,753
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 12, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,827,872
Expenses
$3,813,496
Net Income
$14,376
Net Assets
$692,790
Notable Sources of Revenue Percent of Total Revenue
Contributions $224,945
5.9%
Program Services $3,598,465
94.0%
Investment Income $4,462
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $727,790
Total Liabilities $35,000
Net Assets $692,790
Compensation
Key Employees and Officers Compensation Related Other
Jr Williams Iii (President/Director) $0 $0 $0
Wr Watt Jr (Vice President/Director) $0 $0 $0
Bradford S Barnes (Secretary/Treasurer/Direct) $0 $511,693 $94,957
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 17, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,090,423
Expenses
$4,065,745
Net Income
$24,678
Net Assets
$678,414
Notable Sources of Revenue Percent of Total Revenue
Contributions $221,600
5.4%
Program Services $3,865,655
94.5%
Investment Income $3,168
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $713,414
Total Liabilities $35,000
Net Assets $678,414
Compensation
Key Employees and Officers Compensation Related Other
Jr Williams Iii (President/Director) $0 $0 $0
Wr Watt Jr (Vice President/Director) $0 $0 $0
Bradford S Barnes (Secretary/Treasurer/Direct) $0 $488,692 $80,525
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 12, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,508,206
Expenses
$4,477,621
Net Income
$30,585
Net Assets
$653,736
Notable Sources of Revenue Percent of Total Revenue
Contributions $202,510
4.5%
Program Services $4,303,345
95.5%
Investment Income $2,351
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $688,736
Total Liabilities $35,000
Net Assets $653,736
Compensation
Key Employees and Officers Compensation Related Other
Jr Williams Iii (President/Director) $0 $0 $0
Wr Watt Jr (Vice President/Director) $0 $0 $0
Bradford S Barnes (Secretary/Treasurer/Director) $0 $468,375 $74,060
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 14, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,097,833
Expenses
$4,067,475
Net Income
$30,358
Net Assets
$623,151
Notable Sources of Revenue Percent of Total Revenue
Contributions $185,005
4.5%
Program Services $3,911,322
95.4%
Investment Income $1,506
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $658,151
Total Liabilities $35,000
Net Assets $623,151
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jr Williams Iii (President/Director) $0 $0 $0
Wr Watt Jr (Vice President/Director) $0 $0 $0
Bradford S Barnes (Secretary/Treasurer/Director) $0 $443,911 $68,734
Breck Ray (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 12, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,830,818
Expenses
$3,816,236
Net Income
$14,582
Net Assets
$592,793
Notable Sources of Revenue Percent of Total Revenue
Contributions $173,581
4.5%
Program Services $3,654,996
95.4%
Investment Income $2,241
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,131,112
Total Liabilities $538,319
Net Assets $592,793

Document Links

990
Filed on Dec. 10, 2013

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,710,455
Expenses
$3,711,768
Net Income
-$1,313
Net Assets
$578,211
Notable Sources of Revenue Percent of Total Revenue
Contributions $157,430
4.2%
Program Services $3,547,883
95.6%
Investment Income $5,142
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $613,211
Total Liabilities $35,000
Net Assets $578,211

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2011

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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