Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2002.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
61 people listed on the 990; $446K paid to officers and key staff (Part VII, Section A).
Peter Orwick’s $256K as Executive Di is at the 97th percentile of top reported officer pay among 818 $1–10M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Peter Orwick | $256,135 | $256,135 | $244,038 | $244,038 | $244,038 | $234,263 |
| Rita Kourlis | — | $132,634 | $130,320 | $130,320 | $128,320 | $124,487 |
| Rita Kourlis Samuelson | $122,403 | — | — | — | — | — |
| Chase Adams | — | — | — | — | — | $101,500 |
| Larry Kincaid | $67,096 | $67,096 | $66,000 | $62,000 | $63,096 | $62,500 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See The Wool Trust Foundation executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Supports U.S. sheep farmers by providing quality-improvement training, sharing industry information, and promoting the domestic wool market to strengthen the industry.
Questions for The Wool Trust Foundation
Your first name shows with your question. The Wool Trust Foundation answers here, for everyone.
Assist U.S. Wool producers to improve the quality of wool produced in the U.S., disseminate information to producers, and assist in the development and promotion of the wool market.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-1592464) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.3M | $1.6M |
| Land, buildings, equipmentLn 10c | $10K | $3K |
| Total assetsLn 16 | $2.5M | $2.6M |
| LiabilitiesLn 26 | $89K | $261K |
| Net assetsLn 32 | $2.4M | $2.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $414K | |||
| Other salaries and wagesLn 7 | $727K | |||
| Pension plan contributionsLn 8 | $31K | |||
| Other employee benefitsLn 9 | $166K | |||
| Payroll taxesLn 10 | $84K | |||
| Other fees for servicesLn 11g | $38K | |||
| Advertising and promotionLn 12 | $13K | |||
| Office expensesLn 13 | $41K | |||
| Information technologyLn 14 | $48K | |||
| OccupancyLn 16 | $114K | |||
| TravelLn 17 | $68K | |||
| Conferences, conventions and meetingsLn 19 | $167K | |||
| Depreciation, depletion and amortizationLn 22 | $8K | |||
| InsuranceLn 23 | $12K | |||
| Other expenses (24a–d)Ln 24 | $1.4M | |||
| Total functional expensesLn 25 | $3.4M | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Aug 7, 2026 | $3.3M | $3.4M | −$116K | $2.3M | 990 PDF |
| FY2024Filed with the IRS Jun 20, 2025 | $3.6M | $3.5M | $142K | $2.4M | 990 PDF |
| FY2023Filed with the IRS Mar 4, 2024 | $3.6M | $3.7M | −$21K | $2.3M | 990 PDF |
| FY2022Filed with the IRS May 5, 2023 | $3.6M | $3.5M | $93K | $2.3M | 990 PDF |
| FY2021Filed with the IRS Feb 11, 2022 | $3.3M | $3.0M | $225K | $2.2M | 990 PDF |
| FY2020Filed with the IRS Feb 9, 2021 | $3.4M | $3.3M | $62K | $2.0M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $3,260,726 revenue, 12 lines filed
Part VI · Governance 58 of 58 board members independent, 2 to look at
Part VIII · Statement of revenue $3,260,726 across 4 lines filed
Part IX · Statement of functional expenses $3,376,669 across 15 lines filed
Part X · Balance sheet $2,580,759 assets, 11 lines filed
Part XI · Reconciliation of net assets $2,320,040 net assets at year end
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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