Texas Rangers Association Foundation
- Assets
- $5.2m
- Revenue
- $674.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Waco, TX
- Founding
- 07/1982
- Data as of
- 12/2022
- EIN
- 74-2226156
Organization Overview
Texas Rangers Association Foundation is located in Waco, TX. The organization was established in 1982. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Texas Rangers Association Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Rangers Association Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Texas Rangers Association Foundation generated $674.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT ACTIVE AND RETIRED TEXAS RANGERS AND IMMEDIATE FAMILY MEMBERS THROUGH SCHOLARSHIPS, FINANCIAL ASSISTANCE, AND OPERATIONAL SUPPORT IN SERVICE TO THE CITIZENS OF TEXAS; PRESERVE AND PERPETUATE THE HISTORY AND HERITAGE OF THE TEXAS RANGERS, A DIVISION OF THE TEXAS DEPARTMENT OF PUBLIC SAFETY, THROUGH PUBLIC EDUCATION AND BY SUPPORTING THE TEXAS RANGER HALL OF FAME AND MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE COLLECTIONS, DISPLAYS AND STRUCTURES OF THE TEXAS RANGER HALL OF FAME AND MUSEUM
EMERGENCY ASSISTANCE - THIS PROGRAM AIDS ACTIVE AND RETIRED TEXAS RANGERS AND THEIR FAMILIES, IN EMERGENCIES OR CRISES, AS APPROVED BY THE BOARD.
COLLEGE SCHOLARSHIPS - THESE SCHOLARSHIPS ARE PROVIDED TO FINANCIALLY AID CHILDREN OF CURRENT AND RETIRED TEXAS RANGERS WHO PLAN TO ATTEND, OR ARE ATTENDING, ACCREDITED COLLEGES. THESE CHILDREN MUST ALSO MEET OTHER REQUIREMENTS AS SPECIFIED BY THE BOARD OF DIRECTORS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Wade Director | Trustee | 2 | $0 |
Jorge Cisneros Director | Trustee | 2 | $0 |
Alvaro Gonzales Director | Trustee | 2 | $0 |
Joey Mccarty Director | Trustee | 2 | $0 |
William Westmoreland Director | Trustee | 2 | $0 |
Craig Kuiper Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $84,150 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $483,716 |
| Noncash contributions included in lines 1a–1f | $84,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $567,866 |
| Total Program Service Revenue | $0 |
| Investment income | -$337,853 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $444,676 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $674,689 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $258,548 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $281,853 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $600 |
| Payroll taxes | $9,770 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,954 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,791 |
| Travel | $6,072 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,103 |
| Insurance | $6,330 |
| All other expenses | $94,695 |
| Total functional expenses | $1,670,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,692,610 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,307 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,746 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $20,942 |
| Investments—publicly traded securities | $3,440,314 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,600 |
| Total assets | $5,184,519 |
| Accounts payable and accrued expenses | $14,782 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $837,737 |
| Total liabilities | $852,519 |
| Net assets without donor restrictions | $1,931,768 |
| Net assets with donor restrictions | $2,400,232 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,184,519 |