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Governance Register
US nonprofit · EIN 751824668 · Fort Worth, TXiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 751824668)Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 March 2026: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R), grants paid (Schedule I).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Agricultural Development Fund's network

5 people4 organisationsi5 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (7) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Bradford S BarnesDirector2019
7 yrs
Breck RayDirector2019
7 yrs
Charlie Royer IIIVice President/Director2023
3 yrs
Kimberly DewoodySecretary/Treasurer/Direct2023
3 yrs
Matthew R CarterPresident/Director2023
3 yrs
Under 5 years5 to 6 years6 years or more

Pay and hours

year to 31 March 2026iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Bradford S Barnes Partial YearDirector0.5$0$397k$19k
Matthew R CarterPresident/Director1$0$489k$22k
Daniel Brezik Partial YearSecretary/Treasurer/Director0.5$0$48k$4k
Charlie Royer IIIVice President/Director0.2$0$1k
Breck RayDirector0.1$0
Kimberly Dewoody Partial YearSecretary/Treasurer/Director0.5$0$248k$16k

About

Legal name
Agricultural Development Fund
EIN
751824668
Address
Po Box 150, Fort Worth, TX, 76101-0150
State
Texas
Mission
To promote the breeding of better livestock by exhibition and auction in connection with the southwestern exposition and livestock show. (as filed on the Form 990)
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Size band
6 (IRS master file code)
Formed
1982
Principal officer
Matthew R Carter (as named on the Form 990)
IRS ruling date
1 September 1982
Status
Code 01 (unconditional exemption)
Form 990 filings on record
7, latest 2025
IRS Publication 78
PC (contributions deductible)

Most connected

Related organisations (Schedule R)

Longest observed on the filings

≥7years on the filingsBradford S Barnes
≥7years on the filingsBreck Ray
≥3years on the filingsCharlie Royer III
≥3years on the filingsKimberly Dewoody

Latest return

year to 31 March 2026iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 March 2026. US dollars, as filed.
Total assets
$1.6m
Total liabilities
$0
Net assets or fund balances
$1.6m
Contributions and grants received
$393k
Program service revenue
$0
Grants and similar paid out
$40k
Employees
0
Volunteers
35

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$437k$256k$181k

As filed on the IRS Form 990. US dollars.

Grants paid

1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
Southwestern Exposition and Livestock ShowScholarships$40k

State registration

1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.
Agricultural Development Fund likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Texas Comptroller of Public Accounts, entity data (data.texas.gov 9cir-efmm). Licence not stated. Data last fetched 18 October 2026.
State
Texas
Entity type
nonprofit corporation
Status
Not stated
Formed
7 April 1982
Registered agent
Not stated

This register does not publish officers or directors.