Agricultural Development Fund is a 501(c)(3) organization based in Fort Worth, Texas, registered in 1982, with $437,168 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$437K
▼ 26.6% vs prior year
Expenses (FY2024)
$256K
Net assets
$1.6M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Agricultural Development Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Agricultural Development Fund: 73 mo reserves · +41% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Agricultural Development Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Agricultural Development Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $4.1M (FY2013) to $437K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
41.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$0
Net assets
$1.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $437,168▼26.6% | $255,850▲6.8% | $1,550,023▲13.2% | $1,550,023▲13.2% | 990 |
| 2023 | $595,328▲97.4% | $239,459▼17.1% | $1,368,705▲35.1% | $1,368,705▲35.1% | 990 |
| 2022 | $301,574▼95.5% | $288,738▼95.7% | $1,012,836▲1.3% | $1,012,836▼19.4% | 990 |
| 2021 | $6,712,594▲9313% | $6,723,807▲42351% | $1,000,000▼1.1% | $1,257,000▲24.3% | 990 |
| 2020 | $71,313▼98.7% | $15,839▼99.7% | $1,011,213▲5.8% | $1,011,213▼15.1% | 990 |
| 2019 | $5,298,585▲16.6% | $5,316,149▲17.2% | $955,739▼1.8% | $1,191,312▼6.4% | 990 |
| 2018 | $4,545,735▲1.6% | $4,535,587▲7.9% | $973,303▲1.1% | $1,273,440▲32.2% | 990 |
| 2017 | $4,473,441▲16.9% | $4,203,076▲10.2% | $963,155▲39.0% | $963,155▲32.3% | 990 |
| 2016 | $3,827,872▼6.4% | $3,813,496▼6.2% | $692,790▲2.1% | $727,790▲2.0% | 990 |
| 2015 | $4,090,423▼9.3% | $4,065,745▼9.2% | $678,414▲3.8% | $713,414▲3.6% | 990 |
| 2014 | $4,508,206▲10.0% | $4,477,621▲10.1% | $653,736▲4.9% | $688,736▲4.6% | 990 |
| 2013 | $4,097,833 | $4,067,475▲6.6% | $623,151▲5.1% | $658,151▼41.8% | 990 |
| 2012 | — | $3,816,236▲2.8% | $592,793▲2.5% | $1,131,112▲84.5% | 990 |
| 2011 | — | $3,711,768▲5.3% | $578,211▼0.2% | $613,211▼0.2% | 990 |
| 2010 | — | $3,523,304 | $579,524 | $614,524 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Agricultural Development Fund totaling $26K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of North Texas | For general operating, requested by philip williamson & gail rawl | 2024 | $25,000 |
| Community Foundation of North Texas | For general purposes in honor of the efforts of breck ray | 2020 | $300 |
| Community Foundation of North Texas | In honor of the efforts of breck ray | 2019 | $300 |
| Community Foundation of North Texas | As an incentive to 4-h and ffa members in honor of the efforts of breck ray | 2018 | $300 |
| Community Foundation of North Texas | As incentive to 4-h and ffa members thru the efforts of breck ray | 2016 | $300 |
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Data for Agricultural Development Fund (EIN 75-1824668) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.