Texas Safety Foundation
- Assets
- $469.2k
- Revenue
- $47.6k
- Investments
- $0.0
- Employees
- 0
- Location
- La Porte, TX
- Founding
- 12/1965
- Data as of
- 06/2022
- EIN
- 74-6071467
Organization Overview
Texas Safety Foundation is located in La Porte, TX. The organization was established in 1965. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Safety 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 06/2022, Texas Safety Foundation generated $47.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (33.2%) each year. All expenses for the organization totaled $11.8k during the year ending 06/2022. 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
TSF SUPPORTS SAFETY AND HEALTH EDUCATION AND RESEARCH WITHIN THE STATE OF TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORSHIPS AND/OR SCHOLARSHIPS TO FUND WORKPLACE SAFETY PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Sokol Chairman | OfficerTrustee | 2 | $0 |
Burk Shaw Vice Chairman | OfficerTrustee | 2 | $0 |
Betty Lawson Secretary/treasurer | OfficerTrustee | 2 | $0 |
Eddie Greer Past Chairman | Trustee | 1 | $0 |
Richard Bass Director | Trustee | 1 | $0 |
Chynell Hollis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $30,646 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,646 |
| Total Program Service Revenue | $0 |
| Investment income | $16,983 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,629 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,678 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,500 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,071 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,006 |
| All other expenses | $1,500 |
| Total functional expenses | $11,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,588 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $467,622 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $469,210 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $469,210 |
| Net assets with donor restrictions | $0 |
| 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 | $469,210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Downtown Safety Patrol Inc Dallas, TX | $0 | $2,483,176 |
Maritime Pilots Institute Covington, LA | $92,673 | $1,893,430 |
Safer New Mexico Now Albuquerque, NM | $634,708 | $1,818,424 |
Oklahoma Safety Council Incorporated Oklahoma City, OK | $1,338,276 | $1,318,550 |
Institute For Safety In Powerline Construction Inc Alexandria, LA | $95,438 | $761,346 |
Danielle Dawn Smalley Foundation Inc Forney, TX | $146,093 | $574,520 |
Association Of Aquatic Professionals Liberty Hills, TX | $442,857 | $428,927 |
National Safety Council Shreveport, LA | $429,360 | $523,668 |
Bikehouston Inc Houston, TX | $713,817 | $644,794 |
Oklahoma Safety Center Inc Tulsa, OK | $19,601 | $237,777 |
Deer Park Lepc Inc Deer Park, TX | $153,817 | $0 |
Rotary District 6200 Foundation Lafayette, LA | $24,911 | $0 |