Skip to content
Nonprofiteer
← COMMITTEE FOR COTTON RESEARCH INC

Form 990 for tax year 2024

Filed by COMMITTEE FOR COTTON RESEARCH INC.

Totals

Total revenue
$326,550
Total expenses
$337,466
Contributions and grants received
$326,000
Grants paid
$77,683
Program service revenue
$0
Investment income
$550
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $326,000

  • 3 · Investment income

    total $550 · related or exempt $550

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $77,683

  • 5 · Compensation of officers, directors and key employees

    total $5,483

  • 11c · Fees: accounting

    total $4,300

  • 24a · Other expenses: COTTON RESEACH EXPENSE

    total $250,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,300

  • 11 · Investments: publicly traded securities

    beginning of year $578,488

  • 31 · Retained earnings, endowment or other funds

    beginning of year $592,788

Mission and programs · 2024

Mission

COTTON RESEARCH

  • COTTON FARMERS HAVE BEEN ABLE TO ACHEIVE A BETTER PRICE FOR THEIR PRODUCT THROUGH RESEARCH DONE TO DETERMINE THE TRUE VALUE OF COTTON. (PRICING VARIABLES, GRADING TESTS, AND DISCOUNT ANALYSIS)

  • COTTON FARMERS HAVE BEEN ABLE TO ACHEIVE A BETTER PRICE FOR THEIR PRODUCT THROUGH RESEARCH DONE TO DETERMINE THE TRUE VALUE OF COTTON. (PRICING VARIABLES, GRADING TESTS, AND DISCOUNT ANALYSIS)

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jay Hardwick

    DIRECTOR

    Total calculated
    $1,864
    From this org
    $1,864
    From related orgs
    $0
    Other
    $0

  • John Willis

    DIRECTOR

    Total calculated
    $1,369
    From this org
    $1,369
    From related orgs
    $0
    Other
    $0

  • Pete Laney

    DIRECTOR

    Total calculated
    $750
    From this org
    $750
    From related orgs
    $0
    Other
    $0

  • Sherry Proctor

    DIRECTOR

    Total calculated
    $750
    From this org
    $750
    From related orgs
    $0
    Other
    $0

  • Randy Simpson

    DIRECTOR

    Total calculated
    $750
    From this org
    $750
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

  • Shane Isbell

    DIRECTOR

    Total calculated
    $0

  • Frank Jones

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • FIBERMAX CENTER FOR DISCOVERY

    $77,683

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

This return attached Schedule N but itemized no distributions.

Provenance

Return type
form_990
Tax year
2024
Filed
11 March 2025
IRS schema version
2024v5.0
Source object
202511059349301671

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.