Nonprofit · EIN 74-2588060
TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION
Tax-exempt · WACO, TX 76702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $330 | $1,275 | -$945 | $64,198 | $0 | $64,198 |
| December 31, 2024 | 990 | $1,877,446 | $1,864,714 | $12,732 | $65,143 | $0 | $65,143 |
| December 31, 2023 | 990-EZ | $628 | $725 | -$97 | $52,411 | $0 | $52,411 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $200
- Investment income
- $130
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,275
Balance sheet and other
- Total assets, start of year
- $65,143
- Total assets, end of year
- $64,198
- Total liabilities, end of year
- $0
- Net assets, end of year
- $64,198
- Cash, savings and investments
- $64,198
- Gross receipts
- $330
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL BOENING | PRESIDENT | 1 | $0 |
| STEPHEN BAUER | DIRECTOR | 1 | $0 |
| CHRIS DAUGHTERY | CFO | 1 | $0 |
| JARED BLANKENSHIP | DIRECTOR | 1 | $0 |
| SI COOK | COO/EXECUTIVE DIRECTOR | 1 | $0 |
| GREG BUENGER | DIRECTOR | 1 | $0 |
| WARREN CUDE | DIRECTOR | 1 | $0 |
| BRIAN ADAMEK | SECRETARY/TREASURER | 1 | $0 |
| JAMES FOSTER | DIRECTOR | 1 | $0 |
| MICHAEL MOON | DIRECTOR | 1 | $0 |
| STUART TRAYLOR | DIRECTOR | 1 | $0 |
| MARK TRUE | DIRECTOR | 1 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SI COOK | EXECUTIVE DIRECTOR/COO Officer | 1 | $0 | $1,217,658 | $246,471 |
| CHRIS DAUGHTERY | COMPTROLLER/CFO Officer | 1 | $0 | $816,953 | $141,866 |
| RUSSELL BOENING | PRESIDENT Trustee or director, Officer | 1 | $0 | $70,347 | $64,578 |
| J WALT HAGOOD | DIRECTOR Trustee or director | 1 | $0 | $31,055 | $40,361 |
| SAM SNYDER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $22,752 | $48,433 |
| WARREN CUDE | DIRECTOR Trustee or director | 1 | $0 | $56,544 | $0 |
| MICKEY EDWARDS | DIRECTOR Trustee or director | 1 | $0 | $55,981 | $0 |
| JOHN GRIFFITH | DIRECTOR Trustee or director | 1 | $0 | $55,844 | $0 |
| PETE PAWELEK | DIRECTOR Trustee or director | 1 | $0 | $22,892 | $32,289 |
| KEVIN WILKERSON | DIRECTOR Trustee or director | 1 | $0 | $21,555 | $32,289 |
| GREG BUENGER | DIRECTOR Trustee or director | 1 | $0 | $52,871 | $0 |
| JOHN PAUL DINEEN | DIRECTOR Trustee or director | 1 | $0 | $51,444 | $0 |
| STUART TRAYLOR | DIRECTOR Trustee or director | 1 | $0 | $51,199 | $0 |
| BRIAN ADAMEK | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 | $51,144 | $0 |
| BRIAN JONES | DIRECTOR Trustee or director | 1 | $0 | $47,144 | $0 |
| JARED BLAKENSHIP | DIRECTOR Trustee or director | 1 | $0 | $46,823 | $0 |
| MARK TRUE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES FOSTER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL MOON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEPHEN BAUER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990-EZ for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL BOENING | PRESIDENT | 1 | $0 |
| MARK DANIEL | VICE-PRESIDENT | 1 | $0 |
| CHRIS DAUGHTERY | CFO | 1 | $0 |
| J WALT HAGOOD | SECRETARY/TREASURER | 1 | $0 |
| SI COOK | COO/EXECUTIVE DIRECTOR | 1 | $0 |
| PAT MCDOWELL | DIRECTOR | 1 | $0 |
| WARREN CUDE | DIRECTOR | 1 | $0 |
| BRIAN ADAMEK | DIRECTOR | 1 | $0 |
| JOHN PAUL DINEEN | DIRECTOR | 1 | $0 |
| MICKEY EDWARDS | DIRECTOR | 1 | $0 |
| PETE PAWELEK | DIRECTOR | 1 | $0 |
| ALLEN KAMINSKI | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2689, WACO, TX 76702-2689
- Signed the 990-EZ
- CHRIS DAUGHTERY, CFO
- Phone
- (254) 399-5074
- Return prepared by
- JRBT PC
Mission
INITIATE AG RESEARCH AND EDUCATIONAL ACTIVITIES, DISSEMINATE INFORMATION REGARDING EDUCATION AND MARKETING COMMODITIES. PROMOTE STUDY OF AGRICULTURE AND AGRICULTURE RESEARCH, AND AWARD EDUCATIONAL SCHOLARSHIPS AND AGRICULTURAL RESEARCH GRANTS.
Program accomplishments
- THE TEXAS FARM BUREAU AG RESEARCH & EDUCATION FOUNDATION HAD NO PROGRAM EXPENDITURES IN 2025.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 74-2588060
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $64,198
- Income (IRS master file)
- $330
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $330 | $1,275 | $64,198 | XML |
| 990 | December 2024 | $1,877,446 | $1,864,714 | $65,143 | XML |
| 990-EZ | December 2023 | $628 | $725 | $52,411 | XML |
| 990 | December 2022 | $243,012 | $244,057 | $52,508 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2588060).
Questions about TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION
- What is the EIN of TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION?
- The employer identification number (EIN) of TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION is 74-2588060.
- Is TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does TEXAS FARM BUREAU AGRICULTURE RESEARCH & EDUCATION FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $330, expenses of $1,275 and total assets of $64,198 at year end.
Other nonprofits in WACO
- BAYLOR UNIVERSITY EIN 74-1159753 · last filed 990-N for 2024
- BRAZOS EDUCATION LOAN AUTHORITY INC EIN 20-3868073 · last filed 990 for 2025
- BRAZOS HIGHER EDUCATION AUTHORITY INC EIN 74-2099402 · last filed 990 for 2025
- EDUCATION SERVICE CENTER REGION XII OF TEXAS EIN 74-1586927 · last filed 990 for 2025
- BRAZOS HIGHER EDUCATION SERVICE CORPORATION INC EIN 74-2129255 · last filed 990 for 2025
- VALOR PREPARATORY ACADEMY EIN 46-3834044 · last filed 990 for 2025
- EAST WACO INNOVATIVE SCHOOL DEVELOPMENT INC EIN 74-2798827 · last filed 990 for 2025
- THE TSTC FOUNDATION EIN 75-2892470 · last filed 990 for 2025