2020-11-06T16:12:10-06:00 2019-12-31 814273628 CD BRADSHAW & ASSOCIATES PC 1500 W UNIVERSITY AVENUE SUITE 102 GEORGETOWN TX 78628 990 2019-01-01 741410185 STILES FARM FOUNDATION STIL 5128982214 PO BOX 405 THRALL TX 76578 RYAN COLLETT FARM MANAGER 5128982214 2020-11-04 1 CARRIE D BRADSHAW P00160495 5129304090 2020-11-04 66.219.41.153 2020-11-04 12:37:46 CS P 5841EF2C64C8BA978EB5E4CDF3CDC9FA80EB27A3 5841EF2C64C8BA978EB5E4CDF3CDC9FA80EB27A3 2019 2021-01-29 14:40:06Z RYAN COLLETT PO BOX 405 THRALL TX 76578 733718 0 X STILESFARM.TAMU.EDU X 1961 TX THE STILES FARM FOUNDATION IS A LIVING DEMONSTRATION OF RESEARCH-BASED, PROFITABLE, AND ENVIRONMENTALLY SUSTAINABLE AGRICULTURAL PRACTICES FOR THE TEXAS BLACKLAND PRAIRIE. 9 9 9 0 0 0 0 0 475435 609369 29169 70513 54837 53836 559441 733718 14180 13420 0 0 54050 64020 0 0 0 572298 638939 640528 716379 -81087 17339 3245053 3478779 75854 89498 3169199 3389281 THE STILES FARM FOUNDATION IS A LIVING DEMONSTRATION OF RESEARCH-BASED, PROFITABLE, AND ENVIRONMENTALLY SUSTAINABLE AGRICULTURAL PRACTICES FOR THE TEXAS BLACKLAND PRAIRIE. 0 0 597551 1320 606474 FARM OPERATING EXPENSES INCURRED IN RAISING CROPS AND CONDUCTING DEMONSTRATIONS 12100 12100 SCHOLARSHIPS- TO PROVIDE FUNDS FOR SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS 2683 2895 STILES FARM FOUNDATION FIELD DAY 612334 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 9 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X STILES FARM FOUNDATION 5128982214 PO BOX 405 THRALL TX 76578 ELAINE MENDOZA CHARIMAN 0.00 X X 0 0 0 TIM LEACH VICE CHAIRMAN 0.00 X X 0 0 0 PHIL ADAMS BOARD MEMBER 0.00 X 0 0 0 ROBERT L ALBRITTON BOARD MEMBER 0.00 X 0 0 0 JAY GRAHAM BOARD MEMBER 0.00 X 0 0 0 MICHEAL A HERNANDEZ III BOARD MEMBER 0.00 X 0 0 0 BILL MAHOMES BOARD MEMBER 0.00 X 0 0 0 MICHEAL J PLANK BOARD MEMBER 0.00 X 0 0 0 CLIFF THOMAS BOARD MEMBER 0.00 X 0 0 0 RYAN COLLETT FARM MANAGER 40.00 X 92885 0 0 DR BOB WHITSON DIRECTOR 2.00 X 0 0 0 92885 0 0 0 0 0 0 0 PROG.SERV.REVENUE-RELA 111000 606474 606474 FIELD DAY 111000 2895 2895 609369 30052 30052 32111 0 32111 32111 32111 40461 0 40461 40461 40461 MISCELLANEOUS 110000 21725 21725 21725 733718 609369 0 124349 X 13420 13420 64020 64020 92885 92885 1054 1054 9298 9298 808 808 71763 71763 34549 34549 FERTILIZER 87864 87864 CUSTOM HARVESTING AND A 79692 79692 SEED COSTS 66156 66156 CHEMICAL AND APPLICATIO 56371 56371 138499 138499 716379 612334 104045 0 385175 406646 179964 31585 104907 112844 24340 53443 2752473 1679862 1017070 1072611 1533597 1801650 3245053 3478779 38533 58963 37321 30535 75854 89498 X 2976851 3299418 192348 89863 3169199 3389281 3245053 3478779 X 17339 202744 -1 X 1 X 1 X 0 0 X X 1 TEXAS A&M UNIVERSITY SYSTEM 746000537 5 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 633079 633079 537569 452609 84960 1000793 779710 221083 581032 447543 133489 1072611 INVESTMENTS IN COOPERATIVES 12341 INVESTMENT POOL WITH TEXAS A&M UNIVERSITY SYSTEM 1789309 1801650 X 936462 202744 202744 733718 0 733718 716379 0 716379 0 716379 PART X, LINE 2: THE STILES FARM FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS A RESULT, NO PROVISION FOR CURRENT OR DEFERRED INCOME TAX LIABILITY IS RECOGNIZED IN THE FOUNDATION'S BOOKS AND RECORDS. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2019. ASC 740, INCOME TAXES, REQUIRES EXTENSIVE DISCLOSURES ABOUT UNCERTAIN TAX POSITIONS. THE FOUNDATION EVALUATES ANY UNCERTAIN TAX POSITIONS USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD, ACCOUNTING STANDARDS CODIFICATION (ASC) 450, CONTINGENCIES. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT'S JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE FOUNDATION DOES NOT BELIEVE THAT IT HAS ENGAGED IN ANY SITUATION THAT WOULD RESULT IN AN UNCERTAIN TAX POSITION. AS A RESULT, MANAGEMENT DOES NOT BELIEVE THAT ANY UNCERTAIN TAX POSITIONS CURRENTLY EXIST AND THEREFORE, NO LOSS CONTINGENCY HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FEDERAL AND STATE INCOME TAX STATUTES DICTATE THAT TAX RETURNS FILED IN ANY OF THE PREVIOUS THREE REPORTING PERIODS REMAIN OPEN TO EXAMINATION. CURRENTLY, THE FOUNDATION HAS NO OPEN EXAMINATIONS WITH EITHER THE INTERNAL REVENUE SERVICE OR STATE TAXING AUTHORITIES. THE FOUNDATION'S POLICY IS TO RECORD ANY INCOME TAX RELATED PENALTIES AND INTEREST AS INCURRED AS GENERAL AND ADMINISTRATIVE FARM EXPENSES. THERE ARE NO INCOME TAX RELATED PENALTIES AND INTEREST INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET UNREALIZED GAINS ON INVESTMENTS PART XI LINE 2D NET UNREALIZED GAINS ON INVESTMENTS 1 TEXAS A&M AGRILIFE EXTENSION SERVICE 600 JOHN KIMBROUGH BOULEVARD SUITE 509 COLLEGE STATION TX 778437101 746000537 10000 TO PROVIDE FUNDS FOR SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS 1 1 FORM 990, PART VI, SECTION A, LINE 3 FARM MANAGEMENT SERVICES AND SUPERVISION, INCLUDING A FULL TIME FARM MANAGER, ARE DELEGATED TO TEXAS A&M AGRILIFE EXTENSION OF THE TEXAS A&M UNIVERSITY SYSTEM. COMPENSATION OF $92,885 WAS PAID FOR THESE SERVICES IN 2019. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY A CONSULTING CERTIFIED PUBLIC ACCOUNTANT. A COPY OF THE RETURN IS MADE AVAILABLE TO THE STAFF OF THE TEXAS A&M AGRILIFE EXTENSION OF THE TEXAS A&M UNIVERSITY SYSTEM FOR REVIEW AND APPROVAL PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS ARE ALL REGENTS OF THE TEXAS A&M UNIVERSITY SYSTEM AND ARE GOVERNED BY THE POLICIES OF THE REGENTS, INCLUDING CONFLICT OF INTEREST, WHISTLEBLOWER, RECORD RETENTION AND DESTRUCTION, COMPENSATION, AND JOINT VENTURES. COMPLIANCE WITH THESE POLICIES IS MONITORED BY THE STAFF OF THE TEXAS A&M UNIVERSITY SYSTEM. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION PAYS NO COMPENSATION TO DIRECTORS, OFFICERS OR KEY EMPLOYEES. THE DIRECTOR OF THE TEXAS A&M AGRILIFE EXTENSION OF THE TEXAS A&M UNIVERSITY SYSTEM FUNCTIONS AS THE CHIEF EXECUTIVE OFFICER OF THE FOUNDATION. THE DIRECTOR IS AN EMPLOYEE OF THE TEXAS A&M UNIVERSITY SYSTEM AND HIS COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE POLICIES OF THE SYSTEM. THE FARM MANAGER IS AN EMPLOYEE OF TEXAS A&M AGRILIFE EXTENSION OF THE TEXAS A&M UNIVERSITY SYSTEM, AND HIS COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE POLICIES OF THE TEXAS A&M UNIVERSITY SYSTEM. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION WAS ESTABLISHED PURSUANT TO THE WILL OF JV AND HA STILES. THE BOARD OF REGENTS OF THE TEXAS A&M UNIVERSITY SYSTEM SERVES AS THE TRUSTEES OF THE FOUNDATION IN ACCORDANCE WITH TERMS OF THE ORIGINAL BEQUEST. THE GOVERNING DOCUMENTS ARE AVALABLE FOR INSPECTION, UPON REASONABLE REQUEST, AT BOTH THE FOUNDATION HEADQUARTERS NEAR THRALL, TEXAS AND AT THE TEXAS A&M UNIVERSITY SYSTEM HEADQUARTERS AT COLLEGE STATION, TEXAS. FORM 990, PART IX, LINE 24E MAINTENANCE & REPAIRS: PROGRAM SERVICE EXPENSES 38,668. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,668. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 34,723. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,723. LIVESTOCK EXPENSES: PROGRAM SERVICE EXPENSES 24,828. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,828. TIRES, FUEL & LUBRICANTS: PROGRAM SERVICE EXPENSES 19,176. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,176. TOOLS & SUPPLIES: PROGRAM SERVICE EXPENSES 9,083. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,083. UTILITIES: PROGRAM SERVICE EXPENSES 6,604. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,604. STILES FARM FIELD DAY: PROGRAM SERVICE EXPENSES 2,683. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,683. GARDENING/SPECIALTY CROPS: PROGRAM SERVICE EXPENSES 1,650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,650. GRAIN STORAGE: PROGRAM SERVICE EXPENSES 1,166. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,166. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 324. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 324. MISCELLANEOUS: PROGRAM SERVICE EXPENSES -406. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -406. FORM 990, PART XI, LINE 9: ROUNDING -1. TEXAS A&M UNIVERSITY SYSTEM 400 BIZZELL ST COLLEGE STATION TX 77843 742648747 BOARD MANAGEMENT AND INVESTMENTS INVESTED IN TAMUS INVESTMENT POOL TX 12B 0 TEXAS A&M AGRILIFE EXTENSION 600 JOHN KIMBROUGH BOULEVARD SUITE COLLEGE STATION TX 778437101 746000537 MANAGEMENT TX 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 TEXAS A&M UNIVERSITY SYSTEM A 31848 FINANCIAL STATEMENTS TEXAS A&M AGRILIFE EXTENSION B 10000 FINANCIAL STATEMENTS TEXAS A&M AGRILIFE EXTENSION O 92885 FINANCIAL STATEMENTS